Earnings watch 5/19

Earnings watch 5/19:

GOGL
LSPD
GOOS
ROST
AMAT
DECK
BJ
PANW
KSS
PLCE

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/

Comment:

Bj's Wholesale Club Beats. (BJ) reported Q1 April 2022 earnings of $0.87 per share on revenue of $4.5 billion. The consensus earnings estimate was $0.73 per share on revenue of $4.2 billion. Revenue grew 16.2% on a year-over-year basis.

The company said it continues to expect fiscal 2023 revenue of approximately $17.12 billion. The current consensus revenue estimate is $17.73 billion for the year ending January 31, 2023.

Comment:

Kohl's Misses. (KSS) reported Q1 April 2022 earnings of $0.11 per share on revenue of $3.7 billion. The consensus earnings estimate was $0.75 per share on revenue of $3.7 billion. Revenue fell 4.4% compared to the same quarter a year ago.

The company said it expects fiscal 2023 earnings of $6.45 to $6.85 per share on revenue of $19.43 billion to $19.63 billion. The company's previous guidance was earnings of $7.00 to $7.50 per share on revenue of $19.82 billion to $20.02 billion and the current consensus earnings estimate is $7.14 per share on revenue of $18.95 billion for the year ending January 31, 2023.

Comment:

Canada Goose beats. (GOOS) reported Q4 March 2022 earnings of $0.03 per share on revenue of $176.1 million. The consensus earnings estimate was $0.02 per share on revenue of $170.0 million. Revenue grew 6.8% on a year-over-year basis.

The company said it expects a first quarter non-IFRS loss of $0.50 to $0.47 per share on revenue of $46.78 million to $50.68 million. The current consensus estimate is a loss of $0.37 per share on revenue of $51.03 million for the quarter ending June 30, 2022. The company also said it expects fiscal 2023 non-GAAP earnings of $1.25 to $1.48 per share on revenue of $1.014 billion to $1.092 billion. The current consensus earnings estimate is $1.18 per share on revenue of $983.50 million for the year ending March 31, 2023.

Comment:

Lightspeed Commerce Beats. (LSPD) reported a Q4 March 2022 loss of $0.15 per share on revenue of $146.6 million. The consensus estimate was a loss of $0.19 per share on revenue of $141.0 million. Revenue grew 77.9% on a year-over-year basis.

The company said it expects first quarter revenue of $165.0 million to $170.0 million and fiscal revenue of $740.0 million to $760.0 million. The current consensus revenue estimate is $160.72 million for the quarter ending June 30, 2022 and revenue of $723.26 million for the year ending March 31, 2023.

Comment:

Children's Place misses. (PLCE) reported Q1 April 2022 earnings of $1.05 per share on revenue of $362.4 million. The consensus earnings estimate was $1.66 per share on revenue of $420.3 million. Revenue fell 16.8% compared to the same quarter a year ago.

The company said it expects fiscal year revenue of approximately $1.82 billion. The current consensus revenue estimate is $1.95 billion for the year ending January 31, 2023.

Comment:

Golden Ocean (GOGL) reported Q1 March 2022 earnings of $0.53 per share on revenue of $265.2 million. The consensus earnings estimate was $0.35 per share on revenue of $1.7 billion. Revenue grew 67.8% on a year-over-year basis.