Category Archives: Market news

Next Week’s Earnings Report Preview (January 30 – February 5, 2017)

Pictured: coins next to a calculator

Google parent Alphabet reported quarterly earnings that missed forecasts, but revenue topped analysts’ expectations. The company reported earnings of $9.36 per share, whereas the average estimate of analysts was $9.65. Revenue of Alphabet was $26.06 billion, with the performance being led by YouTube and mobile search, CFO Ruth Porat said. The consensus estimate from Thomson Reuters was $25.26 billion.

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Trading News to Watch Next Week (January 30 – February 5, 2017)

Important Economic News

Tuesday January 31, 2017

JPY – Monetary Policy Statement – Tentative

It’s among the primary tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on asset purchases and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future votes.

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Next Week’s Earnings Report Preview (January 23 – 29, 2017)

Citigroup’s reported earnings topped Wall Street’s expectations, but its revenue missed forecasts. According to the consensus of analysts polled by Reuters, the bank was expected to post Q4 earnings of $1.12 per share on revenue of $17.3 billion but instead posted earnings of $1.14 per share on revenue of $17.012 billion.

Revenue for the last quarter rose 5 percent to $2.9 billion from a year earlier. For the full year, revenue didn’t change, compared to results for 2015. Net income fell 4 percent.

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