Weekly Earnings Preview: Grab rewards by guessing the market winner!
Check out moomoo's fresh earnings calendar to start your week!
This week, $Sea (SE.US)$, $NIO Inc (NIO.US)$, $JD.com (JD.US)$ and $Costco (COST.US)$ are releasing their earnings. How will the market react to the companies' results? Let's make a guess!
Rewards
An equal share of 3,000 points: For mooers who correctly guess the winner who makes the biggest gains in intraday trading on the day of earnings release (e.g., If 50 mooers make the correct guess, each of them will get 60 points!)
Exclusive 300 points: For the top comments on companies' earnings prospects under this post.
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102362254 : $Sea (SE.US)$ dominates the gaming and online shopping sectors, potentially bolstering investor confidence with robust earnings. However, any slowdown in growth or increase in expenses could prompt cautious trading.
The EV industry, marked by fluctuations, hinges on $NIO Inc (NIO.US)$’s delivery numbers and financial performance. Positive results may drive stock prices up, but disappointments could lead to declines.
$JD.com (JD.US)$’s financial performance and sales volumes are closely monitored by investors. Strong earnings and sales could elevate stock prices, while supply chain issues or regulatory challenges might exert downward pressure.
$Costco (COST.US)$’s bulk retail model thrived during the pandemic, with high membership renewals and sales. Sustained performance could elicit a favorable market response, but unexpected drops in sales or profits may unsettle investors.
Speculatively, Costco might close the week with the most significant gains, though actual market outcomes remain uncertain. Nobody knows for sure how the market will react.
HelloNewMe2024 : Costco
mr_cashcow : Singapore-based internet services company$Sea (SE.US)$ on Monday posted better-than-expected sales for its December quarter and gave a positive outlook for its e-commerce business. Sea stock surged by double-digits in early trading before easing back to more modest gains later in the day. They also reported E-Commerce sales up by 23%.
ZnWC : $Sea (SE.US)$ is a tech conglomerate currently functions as a holding company for Garena, SeaMoney, and Shopee. Sea was offloaded from the Chinese gaming giant Tencent a year ago.
$NIO Inc (NIO.US)$ is a startup Chinese automaker which support the swap battery and rolled out mobile phone. The stock plummeted after Nio sold convertible bonds to raise fund last year. Shareholders are unhappy with the dilution of stocks but Abu Dhabi government fund CYVN Holdings invested $2.2 billion in Nio. The company is still making a loss.
$JD.com (JD.US)$ is a Chinese e-commerce company selling electronics, mobile phones, computers, and similar items. The company also invested in high tech and AI delivery through drones, autonomous technology and robots. Analyst expects the company's revenue and EPS to grow.
As of 2023, $Costco (COST.US)$ is the third-largest retailer in the world. For the fiscal year 2023, Costco reported earnings of US$6.292 billion, with an annual revenue of $242.29 billion. Analysts expect the stock to perform well in the coming earnings despite the expensive PE ratio.
Based on past data, Costco stock after earnings will perform better than the rest.