EveryTimeICash

View Original

Pizza Party (DPZ Earnings)

Domino's Pizza (DPZ) is set to report Q3 results tomorrow before the open with a call to follow at 10am ET.

The current Capital IQ consensus is for EPS to jump 24% yr/yr to $3.10 and for revenue to grow 7% yr/yr to $1.03 bln.

Last quarter, DPZ reported a huge $0.24 EPS beat, its largest since the pandemic began. This was impressive considering the labor shortages the industry is facing right now. Revenue also had nice upside, fueled by accelerating economic growth.

DPZ has reported EPS upside in six of the past seven quarters, with only 4Q20 being a miss. Unfortunately, DPZ does not guide, so analysts are a bit in the dark, but DPZ has performed well recently.

TECHS:

Since gapping higher in late July on Q2 earnings/comps, the stock has been trending lower and is back to where it was pre-Q2 report.

TECHS:


JPM has reported EPS upside in each of the past four quarters, ranging from $0.68-1.56. Despite the big beats, the stock has not gotten the love that you’d expect in recent quarters.

The stock has been trading sideways since late February in the $150-170 rang. The stock is now trading at the upper end of that range into the report.


If you liked this content please click the ❤️ below and/or share this post.

SHAMLESS PLUGS

CLICK HERE TO CHECK OUT MY 2021 PREVIEW OPINION PACKET. OVER 80 PAGES OF CONTENT AND INFORMATION AVAILABLE HERE.

TOTALLY FREE Trading Packet!

Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.

This packet will explain to you in depth how I trade and how I manage my risk.

I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.

Check out the latest episodes on my YouTube above and SoundCloud channel below.

See this SoundCloud audio in the original post