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What's in Store for MaxPoint (MXPT) this Earnings Season?

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Internet software firm MaxPoint Interactive, Inc. is scheduled to report second-quarter 2017 results after the closing bell on Aug 14.

Let’s see how things are shaping up for this announcement.

Factors to Consider

MaxPoint’s proprietary Digital Zip technology and the MaxPoint Intelligence Platform give it a distinctive advantage in a highly competitive landscape, setting it apart from its peers. These solutions help in drawing sales by predicting the most likely local buyers of a particular product at a specific retail location and then targeting cross-channel digital marketing programs at them.

MaxPoint’s hyper-local platform, customized store-level sales and inventory system are likely to augment digital advertising and campaign measurement capabilities. In addition, ongoing signals and alerts including store-level attributes, stock data and exception reports to the consumer-packaged goods companies are likely to result in actionable inputs to further improve store profitability.

During the quarter, the company announced that it amended the Loan and Security Agreement with Silicon Valley Bank. Per the amendment, it extended the maturity date of its revolving line of credit through Jun 30, 2019. The agreement signed in Jun 2014, currently allows potential maximum aggregate advances of up to $35 million.

Despite the growing demands for digital advertising services and cloud-based software service, MaxPoint functions in a highly competitive and fragmented industry. The company needs to be on par with its competitors, which may call for higher expenses relating to research and development. These expenses are expected to shrink the company’s profits.

Stocks to Consider

Adidas AG (ADDYY - Free Report) reported second-quarter 2017 results, wherein the company’s net income from continuing operations jumped about 16% to €347 million (approximately $381.6 million). Adidas generated revenues of €5,038 million ($5,539.9 million) that advanced 20% year over year. The Zacks Consensus Estimate was $5,726 million. The company currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Avangrid, Inc. (AGR - Free Report) reported second-quarter 2017 adjusted earnings of 46 cents per share, beating the Zacks Consensus Estimate of 37 cents. Operating revenues of $1,331 million missed the Zacks Consensus Estimate of $1,365 million by 2.52%. The company currently sports a Zacks Rank #1.

Kronos Worldwide, Inc. (KRO - Free Report) recorded net income of $196.5 million or $1.70 per share in second-quarter 2017, which beat the Zacks Consensus Estimate of 42 cents.

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