Analytics

How to start the week: analytics and forecasts — 25.01.2021

Fundamental analysis and forecasts for the future


Earnings season is upon us!

 

Must know

Last Wednesday saw the transition of power to President Biden and a new dawn for an America marred by COVID-19, high unemployment, and previously botched trade deals. Biden has promised a return to civility, knowledge, and accountability which along with his stimulus plans have given investors hope for in the coming months.


The EU and UK are no closer to a post-Brexit deal, and posturing by PM Johnson has not alleviated tensions. Trade between the bloc and UK has been slowed two-fold by COVID restrictions and failed negotiations.


IBM hit their EPS (Earnings Per Share) target but ultimately came up short on their revenue projections by $300 million. Total sales declined for the fourth quarter in a row amid the pressure of getting large software deals done during the pandemic.


This week’s Earning Reports will include Johnson & Johnson, Boeing, McDonald’s, Tesla, Apple, Starbucks. Johnson & Johnson will likely see lower than projected earnings. McDonald’s, Tesla, and Apple will likely receive a positive impulse. While Boeing and Starbucks will depend on whether they hit consensus targets for Earnings per Share (EPS).


At an Australian Senate hearing on Friday, Google threatened to make its search engine unavailable in Australia and Facebook reaffirmed its threat to block users from posting links to news if the government approved legislation that would force tech companies to pay for journalism shared on their platforms.

 

Fundamental breakdown

Netflix

Netflix has passed 200 million subscribers, a new milestone for the streaming service. Optimism is high since the company has had great success with original content during the pandemic.

Procter & Gamble

Procter & Gamble reported adjusted earnings of $1.64 per share that came in ahead of analysts’ estimates of $1.51 per share for Q2 ‘21. Hopes are high as consumers pile up on cleaning and cosmetics products during the coronavirus pandemic.

Boeing

Boeing has set an ambitious target to advance the long-term sustainability of commercial aviation, committing to replace petroleum jet fuel with 100% sustainable fuels for its commercial airplanes by 2030 to address the urgent challenge of climate change.

 

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