The company is expected to report a gain of $ 0.78 / share on revenue of $ 10.24 billion. Meanwhile, the so-called Whisper Number is a gain of $ 0.86 / share. The Whisper figure is the unofficial street take on earnings.
A closer look at the fundamentals:
The company has experienced steady profit growth over the past four quarters and is well positioned for increased growth in the years to come. In 2020, the company made $ 2.24, and the 2021 figures are expected to be $ 4.14, and the 2022 figures are $ 6.23. This is very strong annual growth in earnings per share and generally bodes well for a stock.
A closer look at the techniques:
Technically, the stock is doing very well and building a bullish sideways consolidation above its 50-day moving average line ahead of earnings. The stock experienced a huge move from March 2020 to January 2021. Since then the stock has taken a break to digest this huge move and is preparing well to run higher.
Pay attention to the reaction of the stock to the news:
From where I sit, the most important trait I look for during earnings season is how the market and a specific company react to the news. Remember, always keep your losses minimal and never argue with the gang.