Week Ahead: Earnings Expectations For AMC, RIVN, CRM And More
Justin Young
Sunday, February 26 2023, 09:00:00:AM
As we look to wrap up earnings season this week, a number of large names are slated to release their results for the fourth quarter.
Here's how analysts are expecting things to shake out this week based on consensus estimates.
fuboTV, the sports streaming service, is expected to report its financial results on Monday, February 27th, before the market opens.
- Revenue: $285.59m
- Net Income: -$125.77m
- Earnings Per Share: -$0.71
- EBITDA: -$98.17m
- Operating Cash Flow: $80.28m
- Free Cash Flow: $80.03m
- Number of Subscribers: 1,580k
Zoom, the online communications provider, will report its financials on Monday, February 27th, after the market closes.
- Revenue: $1,099.21m
- Net Income: $252.09m
- Earnings Per Share: $0.83
- EBITDA: $362.77m
- Operating Cash Flow: $189.68m
- Free Cash Flow: $185.03m
- Billings: $963.95m
Target, one of the largest American brick & mortar and online provider of consumer products, will be reporting its financial results on Tuesday, February 28th, before the market opens.
- Revenue: $30,813.35m
- Net Income: $649.06m
- Earnings Per Share: $1.40
- EBITDA: $1,627.07m
- Operating Cash Flow: $3,000.96m
- Free Cash Flow: $1,469.00m
- Same-Store-Sales: -1.65%
Rivian, the electric vehicle manufacturer, will report its financial results on Tuesday, February 28th, after the market closes.
- Revenue: $714.88m
- Net Income: -$1,786.39m
- Earnings Per Share: -$1.96
- EBITDA: -$1,527.55m
- Operating Cash Flow: -$1,205.08m
- Free Cash Flow: -$2,043.01m
AMC, the distressed movie theatre company, is expected to report fourth-quarter results on Tuesday, February 28th, after the market closes.
- 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
Nio, the China-based manufacturer of electric vehicles, will report its financial results on Wednesday, March 1st, before the market opens.
- Revenue: $2,478.95m
- Net Income: -$446.63m
- Earnings Per Share: -$0.27
- EBITDA: -$398.87m
Dollar Tree, the discount variety store operator, will report its financial results on Wednesday, March 1st, before the market opens.
- Revenue: $7,591.62m
- Net Income: $446.98m
- Earnings Per Share: $2.02
- EBITDA: $816.33m
- Operating Cash Flow: $1,149.40m
- Same-Store-Sales: 5.33%
Salesforce, the customer relationship management software and platform provider, will report its financial results on Wednesday, March 1st, after the market closes.
- Revenue: $7,997.25m
- Net Income: $1,371.88m
- Earnings Per Share: $1.37
- EBITDA: $2,755.19m
- Operating Cash Flow: $2,424.80m
- Free Cash Flow: $2,303.15m
- Billings: 13,734m
Snowflake, the cloud data platform provider, will report its financial results on Wednesday, March 1st, after the market closes.
- Revenue: $575.26m
- Net Income: $17.75m
- Earnings Per Share: $0.04
- EBITDA: $28.43m
- Operating Cash Flow: $131.45m
- Free Cash Flow: $118.73m
- Billings: 1,059m
Costco, the discount global warehouse club, will report its financial results on Thursday, March 2nd, after the market closes.
- Revenue: $55,645.04m
- Net Income: $1,432.77m
- Earnings Per Share: $3.22
- EBITDA: $2,425.03m
- Operating Cash Flow: $2,824.48m
- Free Cash Flow: $529.50m
- Same-Store-Sales: 5%
The week starts off with a focus on electric vehicles, with those set to report including Fisker Inc, Rivian Automotive, and Nio, Inc. One of the most watched releases however will be that of memestock fan favorite AMC Entertainment, who is set to release results after market on Tuesday. Several other notable names are set to release results as well, as can be seen below.
Information for this briefing was found via Edgar 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.
