Ahead of Earnings: AXP, GS, GOOG, ISRG
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January20, 2010
BY Billy Fisher:
Contributor, Stock Traders Daily
Real Time Trading Reports: Included are detailed trading reports designed to help investors realize opportunities in these companies. The reports are linked to the stock symbols in the article below.
(La Jolla, CA) This week the corporate earnings arena will really begin to heat up with some of the market’s most heavily traded names reporting their Q4 results. A myriad of companies will be reporting on Thursday. Here are four in particular to keep an eye on when they report.
Financials Regaining Swagger
On Thursday after the market close, American Express (NYSE: AXP) will check in with its Q4 results. Analysts are looking for the company to announce that Q4 EPS rose 161.9% on a 5.9% decrease in revenue from the year-ago quarter. In 2009, shares of AXP jumped 122.3%
American Express is coming off of a Q3 in which income from continuing operations and consolidated revenue both took double-digit drops from the prior year. The company has noted that overall billings have begun to stabilize though, and spending by corporate cardmembers is beginning to turn around. For traders looking to take a position in this stock ahead of earnings, a review of our free AXP trading report would prove to be beneficial.
Another financial name that saw its stock double in 2009 and is also reporting on Thursday is Goldman Sachs (NYSE: GS). Analysts are expecting the company to report EPS of $5.19 versus a loss of $4.97 in the company’s prior year quarter. In Q3, Goldman’s Trading and Principal Investments business segment had a particularly strong quarter while its Investment Banking segment revenue slid. Traders looking to buy or sell this stock should check out our free GS trading report before pulling the trigger.
Parting Ways
The big news from Google (Nasdaq: GOOG) lately has been the discussion as to whether or not it will pull out of China with allegations swirling that it was the target of cyber attacks in mid-December. Investors are hoping that the company’s Q4 results which will be released after the closing bell on Thursday can shift the focus to more positive developments.
Google is another stock that doubled in 2009 and is expecting another strong quarter. Q4 EPS are expected to rise 26.1% on a 15.8% pop in total revenue when compared to the company’s year-ago quarter. Traders looking to bet on Google going into earnings can review our free GOOG trading report for additional guidance.
Intuitive Surgical (Nasdaq: ISRG) is one other stock that traders should closely monitor when it announces its earnings on Thursday. Shares of ISRG rose 138.9% last year as customers welcomed the company’s new da Vinci Si surgical system. Analysts are expecting Intuitive Surgical to announce double-digit EPS and revenue growth on Thursday as the company continues to build upon its recent momentum. Our free ISRG trading report will assist traders who are looking to go long or short shares of this stock prior to the earnings release.
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