We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights: Mastercard, Lowe's, Uber, Ericsson and Walgreens Boots Alliance
Read MoreHide Full Article
For Immediate Release
Chicago, IL – February 17, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Mastercard Incorporated (MA - Free Report) , Lowe's Companies, Inc. (LOW - Free Report) , Uber Technologies, Inc. (UBER - Free Report) , Telefonaktiebolaget LM Ericsson (publ) (ERIC - Free Report) and Walgreens Boots Alliance, Inc. (WBA - Free Report) .
Here are highlights from Tuesday’s Analyst Blog:
Q4 Earnings Scorecard and Analyst Reports for Mastercard, Lowe's and Uber
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features the Q4 earnings season scorecard, in addition to new research reports on 16 major stocks, including Mastercard, Lowe's and Uber. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Q4 Earnings Season Scorecard (as of February 16th, 2021)
For the 280 S&P 500 members or 76% of the index's total membership that have reported Q4 results already, total earnings are up +4.3% from the same period last year on +3% higher revenues, with 80.3% beating EPS estimates and 77.9% beating revenue estimates.
This is a notably better showing relative to what we saw from this same group of companies in the first three quarters of 2020.
Looking at Q4 as a whole, combining the actuals that have come out with estimates for the still-to-come companies, total earnings are on track to be up +2.8% from the same period last year on +2.7% higher revenues, the first quarterly earnings growth after three back-to-back quarters of declines.
As we have been pointing out all along, the tone and substance of management guidance and commentary remains positive, which is helping estimates for the current period (2021 Q1) to go up. Total 2021 Q1 earnings for the S&P 500 index are currently expected to be up +17.8% from the same period last year on +4.8% higher revenues. The Q1 earnings growth
Mastercard shares have underperformed the Zacks Financial Transaction Services industry in the year to date period (-4.4% vs. -3.8%). The Zacks analyst believes that the company is gaining from solid demand for digital and contactless solutions amid the COVID crisis.
Investment in technology keeps it at the forefront of the rapidly-evolving payments industry. It is well poised to gain from consistent cash generating abilities from operations backed by its growing business volumes. The company's strong capital position drives investment in business and shareholder value addition.
However, steep costs might stress margins. Its cross-border volumes will remain suppressed due to COVID-19 restriction on travel and entertainment. Its third-quarter earnings missed estimates.
Shares of Lowe's have gained +11.8% in the last six months against the Zacks Building Products - Retail industry's gain of +1%. The Zacks analyst believes that prudent measures to widen assortments and omni-channel capabilities have helped Lowe's to emerge into a strong player.
Its latest Total Home strategy targets to provide everything that homeowners need for renovation and remodeling work in every area of the house. The offerings are likely to benefit both Pro and DIY (do-it-yourself) customers.
However, higher operating expenses related to the pandemic and expansion of supply chain infrastructures is likely to put pressure on the company's fourth-quarter performance. Also, sales growth in the fourth quarter is expected to moderate sequentially.
Uber's shares have gained +24.1% over the past three months against the Zacks Internet Services industry's rise of +17%. The Zacks analyst believes that Uber's delivery business is witnessing a boom with online order volumes from homebound customers surging.
Furthermore, the acquisition of Postmates, which expands its delivery unit, provides a further boost. Additionally, the company has entered into a deal to acquire alcohol delivery startup Drizly for $1.1 billion. The acquisition is expected to close within the first half of 2021.
However, significant downturn in the Mobility business is concerning. Although ride volumes have improved from the April 2020 lows, it is way below 2019 levels. Ride volumes are especially low in the United States and Canada, and the Europe, the Middle East and Africa region.
Other noteworthy reports we are featuring today include Ericsson and Walgreens Boots Alliance.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Mastercard, Lowe's, Uber, Ericsson and Walgreens Boots Alliance
For Immediate Release
Chicago, IL – February 17, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Mastercard Incorporated (MA - Free Report) , Lowe's Companies, Inc. (LOW - Free Report) , Uber Technologies, Inc. (UBER - Free Report) , Telefonaktiebolaget LM Ericsson (publ) (ERIC - Free Report) and Walgreens Boots Alliance, Inc. (WBA - Free Report) .
Here are highlights from Tuesday’s Analyst Blog:
Q4 Earnings Scorecard and Analyst Reports for Mastercard, Lowe's and Uber
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features the Q4 earnings season scorecard, in addition to new research reports on 16 major stocks, including Mastercard, Lowe's and Uber. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today's research reports here >>>
Q4 Earnings Season Scorecard (as of February 16th, 2021)
For the 280 S&P 500 members or 76% of the index's total membership that have reported Q4 results already, total earnings are up +4.3% from the same period last year on +3% higher revenues, with 80.3% beating EPS estimates and 77.9% beating revenue estimates.
This is a notably better showing relative to what we saw from this same group of companies in the first three quarters of 2020.
Looking at Q4 as a whole, combining the actuals that have come out with estimates for the still-to-come companies, total earnings are on track to be up +2.8% from the same period last year on +2.7% higher revenues, the first quarterly earnings growth after three back-to-back quarters of declines.
As we have been pointing out all along, the tone and substance of management guidance and commentary remains positive, which is helping estimates for the current period (2021 Q1) to go up. Total 2021 Q1 earnings for the S&P 500 index are currently expected to be up +17.8% from the same period last year on +4.8% higher revenues. The Q1 earnings growth
Mastercard shares have underperformed the Zacks Financial Transaction Services industry in the year to date period (-4.4% vs. -3.8%). The Zacks analyst believes that the company is gaining from solid demand for digital and contactless solutions amid the COVID crisis.
Investment in technology keeps it at the forefront of the rapidly-evolving payments industry. It is well poised to gain from consistent cash generating abilities from operations backed by its growing business volumes. The company's strong capital position drives investment in business and shareholder value addition.
However, steep costs might stress margins. Its cross-border volumes will remain suppressed due to COVID-19 restriction on travel and entertainment. Its third-quarter earnings missed estimates.
(You can read the full research report on Mastercard here >>>)
Shares of Lowe's have gained +11.8% in the last six months against the Zacks Building Products - Retail industry's gain of +1%. The Zacks analyst believes that prudent measures to widen assortments and omni-channel capabilities have helped Lowe's to emerge into a strong player.
Its latest Total Home strategy targets to provide everything that homeowners need for renovation and remodeling work in every area of the house. The offerings are likely to benefit both Pro and DIY (do-it-yourself) customers.
However, higher operating expenses related to the pandemic and expansion of supply chain infrastructures is likely to put pressure on the company's fourth-quarter performance. Also, sales growth in the fourth quarter is expected to moderate sequentially.
(You can read the full research report on Lowe's here >>>)
Uber's shares have gained +24.1% over the past three months against the Zacks Internet Services industry's rise of +17%. The Zacks analyst believes that Uber's delivery business is witnessing a boom with online order volumes from homebound customers surging.
Furthermore, the acquisition of Postmates, which expands its delivery unit, provides a further boost. Additionally, the company has entered into a deal to acquire alcohol delivery startup Drizly for $1.1 billion. The acquisition is expected to close within the first half of 2021.
However, significant downturn in the Mobility business is concerning. Although ride volumes have improved from the April 2020 lows, it is way below 2019 levels. Ride volumes are especially low in the United States and Canada, and the Europe, the Middle East and Africa region.
(You can read the full research report on Uber here >>>)
Other noteworthy reports we are featuring today include Ericsson and Walgreens Boots Alliance.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.