The U.S. market rallied all week. The S&P 500 added about 2%. Friday’s quote is 4030 p. The trend is up.
In this review, we will look at the securities of three American companies, which are worth watching in the coming days. We are talking about the “leftovers” of the reporting season. If the actual earnings per share and revenue data exceeds the consensus/revise the financial outlook, strong movements in the stock are possible.
Hewlett Packard
The maker of IT business solutions will report quarterly earnings on Tuesday. Analysts’ consensus estimates put third-quarter earnings per share (EPS) at $1.33, up from $1.52 in the same period last year. There were two positive surprises in the four quarters, peaking at 15.2%. In 90 days, the EPS estimate dropped from $0.58 to $0.56. On Friday, the paper was up 0.2%. The quote is $15.8. With a breakout of $16, the target is $17.
NetApp
The provider of customer data management and storage services will report quarterly earnings Tuesday, after the U.S. close of trading. Analysts’ consensus forecast put third-quarter earnings per share (EPS) at $0.7, up from $1.17 in the same period last year. There have been three positive EPS surprises in the four quarters, the highest being 8.2%. On Friday, the paper was unchanged. The quote is $74.7. The stock broke through $73.4 resistance. The target on the positive side is the $78 level.
Salesforce
The CRM systems provider will report its quarterly earnings on Wednesday, after the U.S. close of trading. According to the consensus analyst forecast, earnings per share (EPS) was $1.21 in the third quarter, compared with $1.27 in the same period last year. There have been four positive EPS surprises in the four quarters, with the highest being 16.9%. On Friday, the paper was up 0.7%. The quote is $153.4. The paper is stuck at its 50-day moving average, and if it breaks through, it could rush toward $165.
