Earnings

Edited Transcript of CHGG.N earnings conference call or presentation 3-Aug-20 8:30pm GMT

Santa Clara Aug 4, 2020 (Thomson StreetEvents) — Edited Transcript of Chegg Inc earnings conference call or presentation Monday, August 3, 2020 at 8:30:00pm GMT

* Andrew J. Brown

Chegg, Inc. – CFO

Chegg, Inc. – Co-Chairman, CEO & President

Chegg, Inc. – VP of IR

Joh. Berenberg, Gossler & Co. KG, Research Division – Analyst

Lake Street Capital Markets, LLC, Research Division – Head of Research & Senior Research Analyst

Northland Capital Markets, Research Division – Senior Research Analyst & Head of Equity Research

Greetings and welcome to Chegg, Inc. Second Quarter 2020 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Tracey Ford, Vice President of Investor Relations for Chegg. Thank you. You may begin.

Tracey Ford, Chegg, Inc. – VP of IR [2]

Good afternoon. Thank you for joining Chegg’s Second Quarter 2020 Conference … Read More

Stocks rise, Nasdaq outperforms as strong earnings offset economic fears

Stocks extended gains Friday morning, with the Nasdaq jumping about 1%, after a slew of better than expected corporate earnings results from major tech firms. Each of Facebook, Amazon, Apple and Netflix hit record highs shortly after market open.

Tech titans Facebook (FB), Amazon (AMZN), Apple (AAPL), and Alphabet (GOOG, GOOGL), each reported quarterly results that blew past estimates Thursday evening, affirming these companies’ pandemic-era dominance following a steep run-up in tech stocks over the past couple months.

Facebook grew its revenue 11% over last year as its advertising business remained resilient despite the pandemic-related slowdown across the broader ad industry. Alphabet’s ad business was hit more prominently by that trend, with Google ad revenue falling 8% over last year, though Alphabet’s overall top- and bottom-line results still topped estimates. Facebook’s daily active users jumped 13% to 1.79 billion and monthly active users rose 12% to 2.7% billion as the

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Kiplinger’s Weekly Earnings Calendar (7/27-7/31): AAPL, AMZN, FB

Below is a weekly earnings calendar of the most important upcoming quarterly reports schedule to be released by publicly traded companies. There are also earnings previews for select companies. Please check back often. This earnings calendar is updated weekly.

(Editor’s Note: Many earnings dates are tentative but may be moved due to coronavirus-related concerns. However, companies featured in “Earnings Spotlights” have officially announced their earnings dates.)

Earnings Calendar Highlights

MONDAY

Noteworthy Earnings Reports

Company Symbol

Earnings estimate

Albertsons ACI $1.31 per share
Avery Dennison AVY $1.11
Cincinnati Financial CINF $0.38
Diana Shipping DSX -$0.09
F5 Networks FFIV $2.03
Forterra FRTA $0.22
Hasbro HAS $0.22
Legg Mason LM $0.64
OneMain Holdings OMF $0.18
SAP SAP $1.27

TUESDAY

Noteworthy Earnings Reports

Company Symbol

Earnings estimate

3M MMM $1.80 per share
Advanced Micro Devices AMD $0.16
Aflac AFL $1.04
Akamai Technologies AKAM $1.22
Altria Group MO $1.06
Amgen AMGN $3.28
Avis Budget CAR
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NETGEAR (NTGR) Q2 Earnings Beat Estimates, Revenues Up Y/Y

NETGEAR, Inc. NTGR delivered impressive second-quarter 2020 results, with the top and the bottom line surpassing the respective Zacks Consensus Estimate. Further, earnings and revenues increased significantly on a year-over-year basis despite coronavirus-induced turmoil.

Net Income

GAAP earnings from continuing operations in the reported quarter were $6 million or 20 cents per share compared with $0.8 million or 3 cents per share in the year-ago quarter. The year-over-year improvement was primarily driven by higher revenues.

Non-GAAP net income from continuing operations was $16.3 million or 54 cents per share compared with $8.9 million or 28 cents per share in the year-earlier quarter. The bottom line beat the Zacks Consensus Estimate by 31 cents.

NETGEAR, Inc. Price, Consensus and EPS Surprise

NETGEAR, Inc. Price, Consensus and EPS Surprise

NETGEAR, Inc. price-consensus-eps-surprise-chart | NETGEAR, Inc. Quote

Revenues

NETGEAR generated net revenues of $280.1 million, up 21.3% year over year driven by

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3 Hot Tech Stocks to Buy After Solid Earnings

Tech sector earnings are entering their heaviest period and there’s sure to be much to say about them. One thing’s for sure, this should be a big quarter for many players because a truly large number of companies have benefited from the pandemic-induced changes in behavior. In this blog, I’ve highlighted results for three companies and said why these stocks are worth picking up-

ASML Holding N.V. ASML

ASML is a leading provider of advanced technology systems for all the major global semiconductor manufacturers. It designs, develops, integrates, markets and services these advanced systems so customers can make integrated circuits for application across electronic, communications and other information technology markets.

Headline numbers for the June quarter: Earnings of $1.97 topped the Zacks Consensus Estimate of $1.89. Revenue of $3.66 billion was also ahead of the estimated $3.54 billion.

Highlights of the quarter: The transition to EUV tools that

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5 Things to Look Out for in Energy Earnings This Season

The second-quarter earnings season for Oils-Energy got underway today with oilfield service giant Halliburton HAL reporting results. Collapsing commodity prices and demand are likely to have played foul on the sector’s top and bottom lines with negative growth expected on both fronts. While things started getting bad toward the end of the first quarter, the full impact of the coronavirus pandemic and the oil price slump may only have been felt in the April-June period when crude plunged into negative territory briefly. Amid expectations of dismal data, investors will also be looking for early signs of a rebound for the remainder of 2020.

Over the next month or so, as we make our way through the earnings deluge, here are five things to look for:

Comparison With the Year-Ago Period:

According to the U.S. Energy Information Administration, in April, May and June of 2019, the average monthly WTI crude price

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Edited Transcript of DC.L earnings conference call or presentation 15-Jul-20 8:00am GMT

London Jul 16, 2020 (Thomson StreetEvents) — Edited Transcript of Dixons Carphone PLC earnings conference call or presentation Wednesday, July 15, 2020 at 8:00:00am GMT

* Jonathan P. Mason

* Richard B. Chamberlain

Hello, and welcome to the Dixons Carphone 2020 Full Year Results Conference Call. My name is Molly, and I’ll be your coordinator for today’s event. Please note that this call is being recorded. (Operator Instructions) I will now hand you over to your host, Alex Baldock, CEO, to begin today’s conference. Thank you.

Thanks, Molly. Good morning, everybody. What you’re going to hear from Jonny and I this morning before we take your questions, is a story of a business that was on track pre crisis. On track both with the 5 major legs of the transformation, with which you’re familiar, but also on track to meet financial expectations for performance in the year. Then the crisis … Read More

ETFs to Buy as Netflix Tops Disney Ahead of Q2 Earnings

Netflix NFLX is set to release second-quarter 2020 results on Jul 16 after market close. Being the world’s largest video streaming company, it is worth taking a look at its fundamentals ahead of the results.

The stock has jumped more than 73% since mid-March and 19.6% over the past three months, outperforming the industry’s average growth of 16.2%. In fact, Netflix shares have seen a remarkable rally of 29% over the past 10 trading days that has pushed up its market valuation to $250 billion. The surge makes Netflix more valuable than Walt Disney DIS, AT&T T, Verizon Communications VZ and Comcast CMCSA.

The outperformance is expected to continue given that the company has strong chances of beating estimates and witnessed positive earnings estimate revisions, which are generally a precursor to an earnings beat.

Earnings Whispers

Netflix has a Zacks Rank #2 (Buy) and an Earnings ESP of +2.27%. According

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Edited Transcript of PT.OQ earnings conference call or presentation 15-Jun-20 12:00pm GMT

Jul 14, 2020 (Thomson StreetEvents) — Edited Transcript of Pintec Technology Holdings Ltd earnings conference call or presentation Monday, June 15, 2020 at 12:00:00pm GMT

Ladies and gentlemen, thank you for standing by, and welcome to the Pintec Technology Holding Limited’s Full Year 2019 Earnings Conference Call. (Operator Instructions)

Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your first speaker for today, Ms. Joyce Tang.

Thank you. Please go ahead.

Thank you, operator. Hello, everyone, and welcome to the PINTEC 2019 Full Year’s Earnings Conference Call. The company’s financial and operational results were issued earlier today and are posted online. You can also view the earnings press release by visiting the IR website at ir.pintec.com.

A replay of the call will be available on the IR website in a few hours. Participants on today’s call will be Mr. Allen … Read More

Edited Transcript of ONE.N earnings conference call or presentation 19-May-20 12:00pm GMT

Jul 14, 2020 (Thomson StreetEvents) — Edited Transcript of OneSmart International Education Group Ltd earnings conference call or presentation Tuesday, May 19, 2020 at 12:00:00pm GMT

OneSmart International Education Group Limited – Chief Strategic Officer, CFO & Director

Good day, and good evening, and welcome to the OneSmart International Education Group Limited Announces Unaudited Financial Results for the Second Fiscal Quarter Ended February 29, 2020, Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Rebecca Shen, Investor Relations Director. Please go ahead.

Thank you, operator. Good morning, and good evening, everyone, and thank you for joining OneSmart International Education Group Limited Second Fiscal Quarter 2020 Earnings Conference Call. The company’s earnings results as well as supplementary slide presentation were released earlier today and are available on the company’s IR website at www.onesmart.investorroom.com. Joining me today are Mr. Steve … Read More