The Big Earnings Week: Apple, Tesla, Microsoft, PayPal and AMD

The Big Week of earnings is here. All of the tech giants and hundreds of other companies will be releasing their results in the next few days. Here is the quick rundown of the most important names.

Tech giants lead the pack

Our AI estimates the following quarterly EPS results:

  • Apple (AAPL): $1.14 Proximilar’s AI forecast vs. $1.17 whisper number vs. $1.01 average analyst estimate
  • Microsoft (MSFT): $2.08 our AI forecast vs. $2.00 whisper vs. $1.91 Street analyst consensus
  • Amazon (AMZN): $15.01 from our AI vs. $14.87 whisper vs. $12.24 consensus estimate
  • Alphabet (GOOGL & GOOG): our projection of $22.83 vs. $23.40 whisper vs. $19.24 consensus
  • Facebook (FB): our $3.47 vs. $3.48 whisper vs. $3.04 consensus
  • Tesla (TSLA): our $0.95 vs. $0.91 whisper vs. $0.95 consensus
  • Advanced Micro Devices (AMD): our $0.60 vs. $0.57 whisper vs. $0.54 consensus
  • PayPal (PYPL): our $1.36 vs. $1.27 whisper vs. $1.12 consensus
  • Visa (V): our $1.42 vs. $1.39 whisper vs. $1.34 consensus
  • MasterCard (MA): our $1.86 vs. $1.83 whisper vs. $1.75 consensus

As you can see, with the exception of Tesla, all of these stocks are poised to beat analyst expectations. For most of these names (Microsoft, Amazon, Advanced Micro, PayPal, Visa and MasterCard) our artificial intelligence anticipates EPS figures that would outperform their earnings whispers. However, our models are a bit skeptical about Apple and Google, which are more likely to fall short of their respective whispers.

To see the revenue projections and our detailed forecasts for over 1500 companies, click the big green button below.

Looking ahead to next week

In terms of earnings announcements the first week of August will be even busier than the closing week of July: over 800 companies are expected to release their results. Healthcare and technology will dominate the calendar, with pharma giants Eli Lilly (LLY) and Amgen (AMGN) setting the tone early in the week and CVS Health (CVS) announcing on Wednesday.

We expect these companies to beat the analysts’ expectations. Likewise, we expect most tech names to do well, with Square (SQ) well positioned to beat Wall Street’s estimates by a wide margin. The one big company we expect to miss both its EPS and revenue numbers is Uber (UBER).

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