[UpcomingLive] FUTU and SNDL earnings calls to come!
This week, @moo_live will broadcast the earnings conference calls of Chinese leading tech-driven online brokerage and wealth management platform $Futu Holdings Ltd (FUTU.US)$, and Canadian licensed cannabis company $SNDL Inc (SNDL.US)$.![]()
Schedule:
FUTU: 03/16/2021 07:30 AM EST/07:30 PM SGT
SNDL: 03/18/2021 10:30 AM EST/10:30 PM SGT
FUTU: 03/16/2021 07:30 AM EST/07:30 PM SGT
SNDL: 03/18/2021 10:30 AM EST/10:30 PM SGT
Earnings Preview
1. FUTU
Fintech stocks have been significantly rewarded throughout the course of the pandemic. $Futu Holdings Ltd (FUTU.US)$ has been one of the best-performing stocks in 2020, thanks to a combination of stay-at-home traders, a record bull market and a strong pipeline of initial public offerings.
1. FUTU
Fintech stocks have been significantly rewarded throughout the course of the pandemic. $Futu Holdings Ltd (FUTU.US)$ has been one of the best-performing stocks in 2020, thanks to a combination of stay-at-home traders, a record bull market and a strong pipeline of initial public offerings.
In the company’s latest quarter that was posted in November, it reported that registered clients increased 79.7% year-over-year to 1,173,242, with total users growing 52.2% to 10.4 million. Futu also boasts a total revenue of $122.1 million, representing a 272.1% increase. In the quarter, the company’s wealth management business Money Plus had established partnerships with a number of reputable asset managers including Morgan Stanley. Analyst forecasts for Q4 2020 earnings per share range from $3.20 to $3.50 with a consensus estimate of $3.35, sales with a consensus estimate of $1.0 billion.
![[UpcomingLive] FUTU and SNDL earnings calls to come!](https://sgsnsimg.moomoo.com/1615813614154-600003-android-org.png/bigmoo)
2. SNDL
$SNDL Inc (SNDL.US)$ has been one of the hottest pot stocks of 2021. It had risen along with many other cannabis-related stocks, as the new US administration was sworn in. SNDL was hoped the opening up of the US cannabis industry would be more achievable with the new administration in place. This led to huge retail interest and stock appreciation across the sector. It has been a by now traditionally volatile retail interest stock, with large daily swings and spikes in volume. However, the fact that Sundial is faltering in revenue coupled with the recent payout to executives raise two caution flags. The consensus EPS forecast for the quarter is $-0.03, with revenue expected to be $11.1 million.
$SNDL Inc (SNDL.US)$ has been one of the hottest pot stocks of 2021. It had risen along with many other cannabis-related stocks, as the new US administration was sworn in. SNDL was hoped the opening up of the US cannabis industry would be more achievable with the new administration in place. This led to huge retail interest and stock appreciation across the sector. It has been a by now traditionally volatile retail interest stock, with large daily swings and spikes in volume. However, the fact that Sundial is faltering in revenue coupled with the recent payout to executives raise two caution flags. The consensus EPS forecast for the quarter is $-0.03, with revenue expected to be $11.1 million.
![[UpcomingLive] FUTU and SNDL earnings calls to come!](https://sgsnsimg.moomoo.com/1615813614172-600003-android-org.png/bigmoo)
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jrake : Because, as time goes by all marijuana stocks will rise.
MoMo牛啊 : Price is still low comparing with others