Week Ahead: Earnings Expectations For AMC, DKNG, SHOP And More

The end of earnings season is near, but its not quite over yet. Several major names are set to report this week, including AMC Entertainment, Airbnb, and Shopify, among others. Here’s how analysts are expecting some of these names to shake out this week in terms of earnings expectations.

Palantir Technologies (NYSE: PLTR)

Palantir, the technology company, is expected to report fourth-quarter results on Monday, February 13th, after the market closes.

• Revenue: $501m
• Net Income: $58.65m
• Earnings Per Share: $0.02
• EBITDA: $86.17m
• Operating Cash Flow: $67.11m
• Free Cash Flow; $77.94m
• Billings: $489.62m

Airbnb (NASDAQ: ABNB)

Airbnb, the short-term stay company, is expected to report fourth-quarter results on Tuesday, February 14th, after the market closes.

• Revenue: $1,871.50m
• Net Income: $188.73m
• Earnings Per Share: $0.26m
• EBITDA: $436.84m
• Operating Cash Flow: $324.00m
• Free Cash Flow: $63.46m
• Gross Bookings: $13,694m

Roblox (NYSE: RBLX) 

Roblox, the children’s gaming platform, is expected to report fourth-quarter results on Wednesday, February 15th, before the market opens.

• Revenue: $892.20m
• Net Income: -$337.09m
• Earnings Per Share: -$0.54
• EBITDA: $107.95m
• Operating Cash Flow: $153.81m
• Free Cash Flow: $53.31m
• Daily Active Users: 58.97m users
• Gross Bookings: $887.75m

Shopify Inc. (TSX: SHOP)

Shopify, the online retailer platform, is expected to report fourth-quarter results on Wednesday, February 15th, after the market closes.

• Revenue: $1,643.89m
• Net Income: -$15.13m
• Earnings Per Share: -$0.01
• EBITDA: -$33.10m
• Operating Cash Flow: $64.74m
• Free Cash Flow: -$38.89m
• Billings: $1,931m
• Gross Payment Volume: $32,570m

DraftKings Inc. (NASDAQ: DKNG)

DraftKings, the sports betting platform, is expected to report fourth-quarter results on Thursday, February 16th, after the market closes.

• Revenue: $797.54m
• Net Income: -$284.66m
• Earnings Per Share: -$0.60
• EBITDA: -$112.51m
• Operating Cash Flow: -$220.34m
• Free Cash Flow: -$214.98m
• Monthly Unique Payers: 2,433m users

DoorDash Inc. (NYSE: DASH)

Doordash, the meal delivery platform, is expected to report fourth-quarter results on Thursday, February 16th, after the market closes.

• Revenue: $1,763.08m
• Net Income: -$273.19m
• Earnings Per Share: -$0.72
• EBITDA: $109.24m
• Operating Cash Flow: -$53.41m
• Free Cash Flow: -$111.32m
• New Orders: $455.077m

AMC Entertainment (NYSE: AMC, APE)

AMC, the distressed movie theatre company, is expected to report fourth-quarter results on Friday, February 17th, before the market opens.

• Revenue: $974.55m
• Net Income: -$187.09m
• Earnings Per Share: -$0.18
• EBITDA: $20.12m
• Operating Cash Flow: $23.71m
• Free Cash Flow: -$32.20m

As we get to the tail end of the earnings season, the overall results have come in better than expected. Of the companies that have reported earnings, 66% beat revenue expectations for the fourth quarter. The sectors that beat analyst expectations the most were Utilities (86%), Health Care (80%), and Consumer Staples (775).

Most notably, Consumer Discretionary (70%), Tech (66%), and Real Estate (65%) all had over a 50% revenue beat. This suggests that the inevitable recession that economists have been forecasting still hasn’t arrived.

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Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.