Back to top

Image: Bigstock

Facebook Earnings Preview, & Today's Top Reports: BA, GM, GRUB, KO | Free Lunch

Read MoreHide Full Article

On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney recaps this morning’s top earnings reports from Boeing (BA - Free Report) , General Motors (GM - Free Report) , Coca-Cola (KO - Free Report) , and Grubhub .

Later, he previews earnings estimates and user growth projections for Facebook , which is set to report this afternoon.

Want more video content from Zacks? Subscribe to Zacks Investment News now!

Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.

Two morning reporters weighed on the Dow in early trading Wednesday: Boeing and General Motors. Boeing topped expectations for earnings and revenue, but the aerospace behemoth lowered its full-year EPS outlook, spooking investors in the process.

Meanwhile, General Motors missed EPS and revenue estimates and also lowered its full-year profit guidance. The automaker cited rising commodity costs—a symptom of the ongoing trade war—as the key factor behind its headwinds.

Ryan discusses these disappointing reports and shares his own perspective on the trade war on today’s show!

Next, the host takes a look at two stocks which had more positive things to say this morning: Coke and Grubhub. Both of these companies outperformed expectations and used their reports to reveal positive news. Make sure to check out the episode to hear exactly what that news was!

On the second half of the show, Ryan previewed the upcoming earnings report from Facebook. The social media leader has been grappling with data-related fiascos for most of 2018, and all eyes will be on CEO Mark Zuckerberg as the world looks for an explanation or solution.

Those fiascos might have some effect on Facebook’s user growth, but earnings and revenue are still improving at a staggering pace. To get investors ready for the report, Ryan digs into user growth, earnings, and revenue estimates to search for any possible secrets ahead of Facebook’s announcements.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


The Boeing Company (BA) - free report >>

CocaCola Company (The) (KO) - free report >>

General Motors Company (GM) - free report >>