Walt Disney

Earnings to Watch Next Week: Cable One, BioNTech, eBay, Walt Disney and Baidu in Focus

Earnings Calendar For The Week Of August 9

Monday (August 9)

IN THE SPOTLIGHT: CABLE ONE, BIONTECH

CABLE ONE: The U.S.-based broadband communications provider is expected to report earnings of $11.19 per share for the second quarter, representing a year-on-year increase of over 5% from a year earlier, up from 10.63 per share seen in the same period a year ago.

The Phoenix-based company would post revenue growth of over 17% to $385 million, up from $328.3 million posted a year ago. The company has beaten earnings per share (EPS) estimates in three of the last four quarters, according to ZACKS Research.

BIONTECH: The biotechnology company BioNTech is expected to report earnings of $8.35 per share for the second quarter, representing a year-on-year increase of over 2,000% from a year earlier.

TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 9

Ticker Company EPS Forecast
DRNA Dicerna Pharmaceuticals $0.41
APD Air Products & Chemicals $2.36
SGMS Scientific Games $0.01
TGNA Tegna $0.49
DISH Dish Network $0.89
AMC AMC Entertainment -$0.94
OSH Oak Street Health -$0.33
CHGG Chegg $0.37
CABO Cable One Inc $11.19
CF CF Industries $1.56
ACM AECOM $0.72
WES Western Gas Partners $0.57
HALO Halozyme Therapeutics $0.43
QLYS Qualys $0.68
DDD 3D Systems $0.05
CBT Cabot $1.18
NHI National Health Investors $0.84
DOOR Masonite International $2.12
ESE ESCO Technologies $0.82
IPAR Inter Parfums $0.40
STE Steris $1.49
RCKT Rocket Pharma -$0.66
ITCI Intra Cellular Therapies -$0.79
ELY Callaway Golf $0.01
BNTX BioNTech SE $7.54
TSN Tyson Foods $1.60
HE Hawaiian Electric Industries $0.49
ENR Energizer $0.67
SYKE Sykess $0.58
RDNT RadNet $0.14
HBM HudBay Minerals Ord Shs $0.09
ACKAY Arcelik ADR $0.46

Tuesday (August 10)

Ticker Company EPS Forecast
JHX James Hardie Industries $0.28
SYY Sysco $0.60
IHG Intercontinental Hotels $0.46
ARMK Aramark $0.02
TAC TransAlta USA -$0.01
VSH Vishay Intertechnology $0.59
IIVI Ii Vi $0.75
YPF YPF $0.39
PAAS Pan American Silver USA $0.34
PAY VeriFone Systems $0.01
JAMF Jamf $0.05
COKE Coca Cola Bottlingconsolidated $5.78
DAR Darling Ingredients $0.86
TDG TransDigm $2.97

Wednesday (August 11)

IN THE SPOTLIGHT: EBAY

The e-commerce leader for physical and digital merchandise eBay is expected to report its second-quarter earnings of $0.96 per share, which represents a year-over-year decline of over 11% from $1.08 per share seen in the same quarter a year ago.

The San Jose, California-based e-commerce giant would post revenue growth of about 4% to $2.97 billion. The company has beaten earnings per share (EPS) estimates all times in the last four quarters, according to ZACKS Research.

TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 11

Ticker Company EPS Forecast
CIB Bancolombia $0.53
DM Dominion Midstream Partners -$0.09
ELP Companhia Paranaense De Energia $0.63
CAE Cae USA $0.14
ENS Enersys $1.20
PRGO Perrigo $0.60
HAE Haemonetics $0.45
AIT Applied Industrial Technologies $1.17
RPRX Repros Therapeutics $0.70
VERX Vertex Inc. Cl A $0.05
WIX WIX -$0.43
WEN Wendy’s $0.18
GOCO Gocompare.Com -$0.03
AZPN Aspen Technology $1.47
FNV Franco Nevada $0.93
RGLD Royal Gold Usa) $0.90
CACI Caci International $5.56
RXT Rackspace $0.18
AVT Avnet $0.79
UGP Ultrapar Participacoes $0.06
EBR Centrais Eletricas Brasileiras $0.28
EBAY eBay $0.96

Thursday (August 12)

IN THE SPOTLIGHT: WALT DISNEY, BAIDU

WALT DISNEY: The world’s leading producers and providers of entertainment and information is expected to report its fiscal third-quarter earnings of $0.55 per share, which represents year-over-year growth of over 580% from $0.08 per share seen in the same quarter a year ago.

The family entertainment company would post over 42% to $16.82 billion. The company has beaten earnings per share (EPS) estimates all times in last four quarters, according to ZACKS Research.

Disney is building content assets that enable it to take advantage of the significant direct-to-consumer streaming opportunity ahead. Disney’s underlying IP remains best-in-class, supporting long term content monetization opportunities,” noted Benjamin Swinburne, equity analyst at Morgan Stanley.

“During this period of FCF pressure from Parks closures, ESPN’s FCF generation is key to driving down leverage. Historical cycles suggest a potential return to above prior peak US Parks revenues in FY23”

BAIDU: The leader in the Chinese search industry in terms of user market share is expected to report its second-quarter earnings of $1.93 per share, which represents a year-over-year decline of over 7% from $2.08 per share seen in the same quarter a year ago.

The Chinese tech giant will report full-year earnings of $8.60 per share for the current financial year, with EPS estimates ranging from $8.28 to $9.09, according to ZACKS Research.

Baidu has provided better disclosure and has struck a constructive tone on its AI initiatives. We find it well-positioned in certain industrial applications. We also like its rich cash position and strategic investments,” noted Gary Yu, equity analyst at Morgan Stanley.

“Our price target reflects materialization of AI investments, but we highlight milder near-term growth vs. peers amid risks from competition. The company appears well-positioned to ride the next Internet wave, but patience is needed. Our price target implies 16x 2022e non-GAAP P/E, vs. the 10-30x trading band since 2018.”

TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 12

Ticker Company EPS Forecast
BR Broadridge Financial Solutions $2.19
AEG Aegon $0.15
BAM Brookfield Asset Management USA $0.72
PLTR Palantir Technologies Inc. $0.03
FLO Flowers Foods $0.28
BAP Credicorp USA $9.65
PVG Pretium Resources $0.13
DIS Walt Disney $0.55
BRFS BRF $0.07
SBS Companhia De Saneamento Basico $0.24
AEBZY Anadolu Efes ADR $0.00
MIDD Middleby $2.07
TKC Turkcell $0.16
BIDU Baidu $13.18

Friday (August 13)

There are no major earnings scheduled.