Earnings season is back. Are you excited?
Only about two dozen companies are expected to report this week, so it’s still pretty slow going, but that group includes a couple of big names with fantastic charts and earnings surprise records.
Remember, it isn’t easy to beat nearly every quarter for five years. It takes management skill, and some luck, to do it. But 2 companies have done that this week and will try and keep their earnings beat records intact.
This earnings season is expected to be a strong one, although it may be clouded by the impact of the hurricanes.
I’ll be listening in on many conference calls this earnings season to find out what is really going on in the global economy. Is it heating up as everyone thinks? I’m betting it is.
Here’s who to watch this week:
The 5 Best Earnings Charts to Watch This Week
Paychex (hasn’t missed in 5 years. That’s an impressive streak. But shares have stalled out, nonetheless. Will another beat finally propel them higher? PAYX - Free Report)
PepsiCo (also hasn’t missed in 5 years. Shares were recently at new highs but have pulled back going into the number. If you’re looking for a beat, you have to like the company’s track record. PEP - Free Report)
Constellation Brands (has the prettiest chart this week. It has missed only twice in the last 5 years. Will another beat push shares to new highs? STZ - Free Report)
Yum China (is a cheater as it was only spun off from Yum Brands in 2016. But it has now reported three times as a stand-alone company and has beat all three times. It’s the largest fast food operator in China. If you want to know how strong the Chinese economy is, tune into this earnings report. YUMC - Free Report)
Helen of Troy (makes consumer products like OXO kitchen gadgets, Hot Tools curling irons and Dr. Scholl’s insoles. It has beat 8 quarters in a row but shares have traded in a narrow trading range. Will this report finally push it higher? HELE - Free Report) Want to Learn How to Trade Options?
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