Next Week’s Earnings Report Preview (06 – 10 August 2018)

 

  • Apple hit a record-setting US market cap of $1 trillion
  • Ferrari announced 2,463 total shipments for Q2 2018
  • TripAdvisor reported total revenue of $433 million for Q2 2018
  • Next week reporting Etsy Inc, Walt Disney Co, Discovery Inc and more

Picture of Ferrari sports car on a race track

Apple Inc (Fiscal Q3 2018)

 

On Thursday, Apple reached its long-chased $1 trillion market cap, thus officially becoming the first publicly traded US company to reach that amount. This was made possible thanks to the stock gaining 2.92% ($207.39) after a successful Q3 revenue report.

In that report, the iPhone maker stated revenue of $53.3 billion (17% increase compared to same period for 2017), and diluted earnings per share of $2.34. According to the company, most 60% of the total revenue came from international sales.

Apple ended its fiscal third quarter for 2018 with a net income of $11.5 billion and an operating cash flow of $14.5 billion, and also shared optimistic next quarter predictions of revenue between $60 billion and $62 billion and operating expenses between $7.95 billion and $8.05 billion. Here is what Apple’s CEO Tim Cook had to comment regarding the company’s success:

“We’re thrilled to report Apple’s best June quarter ever, and our fourth consecutive quarter of double-digit revenue growth. . . . Our Q3 results were driven by continued strong sales of iPhone, Services and Wearables, and we are very excited about the products and services in our pipeline.”

Ferrari NV (Q2 2018)

 

On August 1st, Ferrari shared that the company shipped a total of 2,463 vehicles for the second quarter of this year, which is 131 more cars than those shipped for the same period for 2017.

According to the renown sports car manufacturer, this growth in sales was driven by an 22.6% increase in sales of its 12 cylinder models (V12) and by a 1.0% increase in sales of their 8 cylinder models (V8).

Net revenue was valued at €906 million (up 1.6% from 2017), while adjusted basic earnings per share were calculated at 0.84 Euro cents, or 0.12 Euro cents more than in 2017. Net industrial debt for June 30, however, was €472 million—a major increase compared to the €413 million for March 31.

TripAdvisor Inc (Q2 2018)

 

The popular tourist guide service provider reported a hike in user reviews and opinions of 24% on a year-over-year basis, reaching a total of 661 million comments as of June 30 2018. Average unique visitors on a monthly basis on branded websites and apps was measured at 456 million unique visits.

The company’s total revenue was calculated at $433 million (a growth of $9 million, or 2% on a year-by-year basis). Out of that number, TripAdvisor reported $313 million (down by $13 million) in hotel revenue and $120 million (up by $22 million) in non-hotel revenue.

The company also mentioned that, during the past six months leading to June 30 2018, it bought back about 2.6 million of its own shares for a total price of $100 million, or $38.73 per share. CEO Steve Kaufer was pleased by the report, stating:

“We are pleased with second quarter results and our strong first half of 2018. . . . Operational changes have been taking hold, our product and marketing initiatives continue to align with the needs of consumers and partners alike, while our investments in newer initiatives position our platform for future profitable growth.”

Expected announcements

 

While next week’s earnings reports will not be as numerous as last time, they won’t be in the single digit end of the spectrum, either. Please find the full list of upcoming companies below.

Monday, 06 August 2018

CountryCompany NamePeriod
GB
HSBC Holdings PLC
Half Year 2018
NL
PostNL NV
Q2 2018
DE
Kuka AG
Q2 2018
IT
UniCredit SpA
Q2 2018
US
Tyson Foods Inc
Q3 2018
US
Cardinal Health Inc
Q4 2018
US
Henry Schein Inc
Q2 2018
US
Monster Beverage Corp
Q2 2018
US
Etsy Inc
Q2 2018
US
ACADIA Pharmaceuticals Inc
Q2 2018
US
Marriott International Inc
Q2 2018

Tuesday, 07 August 2018

CountryCompany NamePeriod
DE
Deutsche Post AG
Q2 2018
GB
Intertek Group PLC
Half Year 2018
JP
Olympus Corp
Q1 2019
GB
InterContinental Hotels Group PLC
Interim 2018
GB
Meggitt PLC
Half Year 2018
DE
Beiersdorf AG
Half Year 2018
GB
Hargreaves Lansdown PLC
Full Year 2018
GB
TP ICAP PLC
Half Year 2018
GB
Standard Life Aberdeen PLC
Half Year 2018
GB
GW Pharmaceuticals PLC
Q3 2018
JP
Kajima Corp
Q1 2019
DE
Commerzbank AG
Q2 2018
CH
Iwg PLC
Half Year 2018
DE
SGL Carbon SE
Q2 2018
DE
Heidelberger Druckmaschinen AG
Q1 2019
US
Discovery Inc
Q2 2018
CA
Bausch Health Companies Inc
Q2 2018
GB
Mylan NV
Q2 2018
US
Emerson Electric Co
Q3 2018
US
Broadridge Financial Solutions Inc
Q4 2018
US
Dentsply Sirona Inc
Q2 2018
US
Expeditors International of Washington Inc
Q2 2018
US
Snap Inc
Q2 2018
US
Bio Rad Laboratories Inc
Q2 2018
US
Walt Disney Co
Q3 2018

Wednesday, 8 August 2018

CountryCompany NamePeriod
NL
Koninklijke Ahold Delhaize NV
Q2 2018
NL
ABN AMRO Group NV
Q2 2018
DE
Fraport AG Frankfurt Airport Services Worldwide
Half Year 2018
DE
E.ON SE (Pre-reincorporation)
E.ON SE
Half Year 2018
DE
Muenchener Rueckversicherungs Gesellschaft AG in Muenchen
Q2 2018
IE
Paddy Power Betfair PLC
Half Year 2018
JP
Sumco Corp
Q2 2018
CH
Glencore PLC
Half Year 2018
GB
Pagegroup PLC
Half Year 2018
GB
Prudential PLC
Half Year 2018
DE
Brenntag AG (Pre-Reincorporation)
Brenntag AG
Q2 2018
JP
Toshiba Corp
Q1 2019
AT
Voestalpine AG
Q1 2019
US
Southern Co
Q2 2018
US
Liberty Media Corp
Q2 2018
CA
Thomson Reuters Corp
Q2 2018
US
CVS Health Corp
Q2 2018
US
Booking Holdings Inc
Q2 2018
US
Twenty-First Century Fox Inc
Q4 2018
US
Occidental Petroleum Corp
Q2 2018
GB
Liberty Global PLC
Q2 2018
US
Yelp Inc
Q2 2018
US
Equinix Inc
Q2 2018

Thursday, 9 August 2018

CountryCompany NamePeriod
CH
Zurich Insurance Group AG
Q2 2018
DE
Tui AG
Q3 2018
DE
Thyssenkrupp AG
Q3 2018
DE
Merck KGaA
Half Year 2018
BE
KBC Groep NV
Q2 2018
DE
Deutsche Telekom AG
Q2 2018
DE
Aurubis AG
Q3 2018
DE
Adidas AG
Half Year 2018
DE
Hannover Rueck SE
Half Year 2018
AT
Raiffeisen Bank International AG
Half Year 2018
GB
Legal & General Group PLC
Half Year 2018
JE
Randgold Resources Ltd
Q2 2018
JP
DeNA Co Ltd
Q1 2019
GB
Derwent London PLCHalf Year 2018
GB
G4S PLC
Half Year 2018
TW
Himax Technologies Inc
Q2 2018
DE
Duerr AG
Q2 2018
JP
Marui Group Co Ltd
Q1 2019
DE
STADA Arzneimittel AGHalf Year 2018
DE
Jenoptik AGQ2 2018
US
J C Penney Company Inc
Q2 2018
US
Cheniere Energy Inc
Q2 2018
US
Gannett Co Inc
Q2 2018
US
Worldpay Inc
Q2 2018
US
Viacom Inc
Q3 2018
BR
Gafisa SA
Q2 2018
US
News Corp
Q4 2018
US
Microchip Technology Inc
Q1 2019

Friday, 10 August 2018

CountryCompany NamePeriod
DE
Porsche Automobil Holding SE
Half Year 2018
JP
Yokohama Rubber Co Ltd
Q2 2018