Preview of Upcoming Earnings for Thursday, March 16, 2023
Top Upcoming Earnings
FedEx is Expected to Beat Estimates
FedEx (FDX) is confirmed to report earnings on Thursday, March 16, 2023 at approximately 4:05 PM ET. The consensus earnings estimate is $2.67 per share on revenue of $22.76 billion, a decline of 3.7% year-over-year, and the Earnings Whisper ® number is $2.71 per share. Investors are 26.6% bearish going into the company's earnings release. Option traders are pricing in a 5.8% move on earnings and the stock has averaged a 5.3% move in recent quarters.
Groupon is Expected to Miss Estimates
Groupon (GRPN) is confirmed to report earnings on Thursday, March 16, 2023 at approximately 4:05 PM ET. The consensus estimate is a loss of $0.45 per share on revenue of $161.55 million, a decline of 27.6% year-over-year, and the Earnings Whisper ® number is a loss of $0.51 per share. Investors are 34.7% bearish going into the company's earnings release. Option traders are pricing in a 25.5% move on earnings and the stock has averaged a 13.7% move in recent quarters.
Bullish Sentiment
Cymabay Therapeutics is Scheduled to Report on Thursday, March 16, 2023
Cymabay Therapeutics (CBAY) is confirmed to report earnings on Thursday, March 16, 2023 at approximately 4:05 PM ET. The consensus estimate is a loss of $0.30 per share. Investors are 48.9% bullish going into the company's earnings release. Option traders are pricing in a 10.2% move on earnings and the stock has averaged a 2.4% move in recent quarters.
Bearish Sentiment
Pyxis Tankers is Scheduled to Report on Thursday, March 16, 2023
Pyxis Tankers (PXS) is confirmed to report earnings on Thursday, March 16, 2023 at approximately 4:05 PM ET. on revenue of $16.06 million, respresenting 98.2% year-over-year revenue growth. Investors are 48.4% bearish going into the company's earnings release. The stock has averaged a 6.1% move in recent quarters.
High Volatility
Hallador Energy is Scheduled to Report on Thursday, March 16, 2023
Hallador Energy (HNRG) is confirmed to report earnings on Thursday, March 16, 2023 at approximately 6:50 PM ET. The consensus earnings estimate is $0.20 per share on revenue of $123.00 million, respresenting 87.8% year-over-year revenue growth. Investors are 34.7% bearish going into the company's earnings release. Option traders are pricing in a 34.3% move on earnings and the stock has averaged a 11.5% move in recent quarters.
High Relative Strength
GoHealth is Scheduled to Report on Thursday, March 16, 2023
GoHealth (GOCO) is confirmed to report earnings on Thursday, March 16, 2023 at approximately 4:15 PM ET. The consensus earnings estimate is $2.55 per share on revenue of $358.04 million, a decline of 20.4% year-over-year. Investors are 30.5% bearish going into the company's earnings release.