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Investing.com — Right here is your Professional Recap of the upcoming main earnings stories subsequent week: Coca-Cola, Airbnb, Cisco Programs, and Coinbase.
Coca-Cola
Coca-Cola (NYSE:) is ready to report its This autumn earnings on Feb 13, earlier than the market opens. Avenue estimates stand at $0.49 for EPS and $10.66 billion for revenues.
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Airbnb
Airbnb (NASDAQ:) is anticipated to announce its This autumn earnings on Feb 13, after the market closes, with analysts forecasting an EPS of $0.65 and revenues of $2.16B.
Earlier this month, a number of Wall Avenue corporations raised their worth targets on Airbnb forward of the upcoming quarterly report.
Deutsche Financial institution raised the value goal on Airbnb to $141.00 from $105.00 whereas sustaining a Maintain ranking.
On ABNB, we increase our 4Q nights expectations given constructive information checks with AirDNA and we are actually forward of the Avenue by ~1%. That mentioned, we consider that this beat is properly understood at this level and search for 1Q nights according to the Avenue suggesting 2 factors of Y/Y progress deceleration to begin the 12 months. Past the 1Q outlook, we anticipate Airbnb to present constructive commentary on full-year margin given the advantages of cross-currency FX charges in addition to a measured stance in direction of mounted value progress for the 12 months.
In the meantime, UBS raised the value goal on Airbnb to $148.00 from $125.00 whereas sustaining a Impartial ranking.
In keeping with ProTips, the corporate holds extra cash than debt on its steadiness sheet, exhibits spectacular gross revenue margins, and its internet revenue is anticipated to develop this 12 months.
Cisco Programs
Cisco Programs (NASDAQ:) is scheduled to report its Q2 earnings on Feb 14, after the market shut, with consensus estimates at $0.84 for EPS and $12.71B for revenues.
Earlier this week, Evercore ISI expressed a cautious stance as Cisco approaches its earnings announcement, whereas nonetheless sustaining its Outperform ranking and a worth goal of $55.00. The agency highlighted considerations as a consequence of a noticeable slowdown within the enterprise networking market, as indicated by trade friends and companions.
Close to-term outlook is difficult given enterprise networking weak point, however bullish messaging across the cloud/AI alternative may present some assist even when they report weaker numbers.”
Moreover, stories from Reuters this week indicated that Cisco is considering important organizational modifications, together with a considerable discount in its workforce. In keeping with sources aware of the matter, the digital communications large is planning to restructure its enterprise and seeks to let go “1000’s of workers,” as a way to focus “high-growth areas.”
Coinbase
Coinbase World (NASDAQ:) is anticipated to launch its This autumn earnings on Feb 15, after the market closes. Wall Avenue consensus stands at $0.0256 for EPS and $822.32M for revenues.
The cryptocurrency change acquired combined analyst views final month, with Oppenheimer upgrading it to Outperform primarily based on a number of constructive catalysts, whereas JPMorgan downgraded it to Underweight, citing potential disappointment from ETF expectations.
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