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Earnings Surprises to Expect: Disney, Peloton and Zynga

Stock market predictions this week

A major earnings week lies ahead, particularly for Consumer and Tech companies. About 400 corporations are expected to post results in the next few days. Big retailers and other names reporting their EPS off-cycle will represent a significant fraction of this number. While last week’s market turmoil was not related to earnings in any obvious way, it will surely keep investors on their guard. The investor community will be watching the upcoming announcements with a critical eye, always on the lookout for the best earnings estimates.

Who among these companies will beat the Wall Street analyst consensus and whisper numbers? Our state-of-the-art AI analytics are here to help you make the best investing decisions. All of our AI’s earnings predictions are available on our site stocks.proximilar.com.

Weekly stock forecasts

Below we group the announcing companies by industry sector, mostly for ease of presentation. Many of the biggest companies are likely to beat the Street consensus by a substantial margin. Based on our AI’s forecasts, we expect Consumer and Energy names to be among the strongest performers.

Consumer Cyclical and Defensive

Walt Disney Co (DIS): $1.30 Proximilar’s AI EPS estimate vs. $1.19 consensus stock forecast EPS
Peloton Interactive Inc (PTON): -$0.91 our EPS prediction vs. -$0.84 Wall St consensus estimate
Wynn Resorts Ltd (WYNN): -$1.26 our prediction vs. -$1.16 analyst consensus EPS estimate
Malibu Boats Inc (MBUU): $2.06 our forecast vs. $1.97 consensus
Callaway Golf Co (ELY): $0.28 our estimate vs. $0.24 consensus
AMC Entertainment Holdings Inc (AMC): -$0.64 our estimate vs. -$0.63 consensus
Wendy’s Co (WEN): $0.20 our estimate vs. $0.18 consensus
Yeti Holdings Inc (YETI): $0.35 our estimate vs. $0.32 consensus
Fox Corp (FOXA): $0.95 our estimate vs. $0.87 consensus
Choice Hotels International Inc (CHH): $1.00 our estimate vs. $0.90 consensus
Wolverine World Wide Inc (WWW): $0.40 our estimate vs. $0.39 consensus
H&R Block Inc (HRB): -$0.54 our estimate vs. -$0.62 consensus
Clarus Corp (CLAR): $0.37 our estimate vs. $0.35 consensus
Hyatt Hotels Corp (H): -$0.49 our estimate vs. -$0.38 consensus
Tyson Foods Inc (TSN): $2.10 our estimate vs. $1.89 consensus
Treehouse Foods Inc (THS): -$0.49 our estimate vs. -$0.52 consensus
Beyond Meat Inc (BYND): -$1.09 our estimate vs. -$0.97 consensus

Technology

Zynga Inc (ZNGA): $0.08 our estimate vs. $0.08 consensus EPS estimate
3D Systems Corp (DDD): -$0.01 our EPS forecast vs. -$0.01 analyst consensus
Electronic Arts Inc (EA): $1.50 our estimate vs. $1.43 consensus
Trade Desk Inc (TTD): $0.16 our estimate vs. $0.15 consensus
Himax Technologies Inc (HIMX): $0.70 our estimate vs. $0.68 consensus
Microchip Technology Inc (MCHP): $1.28 our estimate vs. $1.25 consensus
Ringcentral Inc (RNG): $0.36 our estimate vs. $0.34 consensus
Ii-Vi Inc (IIVI): $0.91 our estimate vs. $0.86 consensus
Fiverr International Ltd (FVRR): -$0.03 our estimate vs. $0.02 consensus
Sonos Inc (SONO): $0.10 our estimate vs. $0.05 consensus
Cyberark Software Ltd (CYBR): -$0.23 our estimate vs. -$0.32 consensus
Maxar Technologies Inc (MAXR): -$0.01 our estimate vs. -$0.04 consensus
Weibo Corp (WB): $0.44 our estimate vs. $0.45 consensus
New Relic Inc (NEWR): -$0.20 our estimate vs. -$0.21 consensus
Liveperson Inc (LPSN): -$0.39 our estimate vs. -$0.45 consensus
Everbridge Inc (EVBG): -$0.07 our estimate vs. -$0.18 consensus

Oil and gas

Occidental Petroleum Corp (OXY): $2.26 our estimate vs. $1.97 consensus EPS estimate
Valvoline Inc (VVV): $0.53 our estimate vs. $0.50 consensus EPS estimate

Health care

Crispr Therapeutics Ag (CRSP): -$2.10 our estimate vs. -$2.06 consensus EPS estimate
Globus Medical Inc (GMED): $0.50 our estimate vs. $0.47 consensus
Novavax Inc (NVAX): $2.58 our estimate vs. $2.69 consensus
Bausch Health Companies Inc (BHC): $1.11 our estimate vs. $1.04 consensus
Assertio Holdings Inc (ASRT): $0.02 our estimate vs. $0.02 consensus
Haemonetics Corp (HAE): $0.62 our estimate vs. $0.60 consensus
Collegium Pharmaceutical Inc (COLL): $0.84 our estimate vs. $0.87 consensus

Industrials and Materials

Plug Power Inc (PLUG): -$0.19 our estimate vs. -$0.16 consensus
Ballard Power Systems Inc (BLDP): -$0.11 our estimate vs. -$0.10 consensus
Norwegian Cruise Line Holdings Ltd (NCLH): -$1.58 our estimate vs. -$1.54 consensus
Hecla Mining Co (HL): $0.02 our EPS precition vs. $0.02 consensus EPS estimate

Looking ahead to next week

The week of May 16 will be less busy than the last couple of weeks. Tech and Consumer names will continue to dominate the cycle. A few important highlights:

Technology

Cisco Systems Inc (CSCO): $0.90 our EPS prediction vs. $0.86 Wall St consensus estimate
Applied Materials Inc (AMAT): $1.97 our estimate vs. $1.90 consensus EPS estimate
Palo Alto Networks Inc (PANW): $1.62 our estimate vs. $1.68 consensus
Take Two Interactive Software Inc (TTWO): $1.24 our estimate vs. $1.01 consensus
Analog Devices Inc (ADI): $2.22 our estimate vs. $2.10 consensus
Sea Ltd (SE): -$1.30 our estimate vs. -$1.26 consensus
Keysight Technologies Inc (KEYS): $1.73 our estimate vs. $1.68 consensus

Consumer Cyclical and Defensive

Home Depot Inc (HD): $3.74 our estimate vs. $3.63 consensus EPS estimate
Walmart Inc (WMT): $1.56 our forecast vs. $1.48 analyst consensus EPS estimate
Target Corp (TGT): $3.28 our estimate vs. $3.05 consensus
Lowes Companies Inc (LOW): $3.45 our estimate vs. $3.24 consensus
Foot Locker Inc (FL): $1.63 our estimate vs. $1.51 consensus
Macy’s Inc (M): $0.96 our estimate vs. $0.82 consensus
V F Corp (VFC): $0.50 our estimate vs. $0.47 consensus
Monro Inc (MNRO): $0.48 our estimate vs. $0.46 consensus
Kohls Corp (KSS): $0.83 our estimate vs. $0.69 consensus

While we try to give you a detailed outline in each post, we cannot cover all of the upcoming earnings releases here. For the full picture, including EPS estimates, revenue forecasts, stocks’ reactions to announcements, and much more, visit stocks.proximilar.com. Proximilar provides the world’s most detailed and accurate earnings and revenues forecasts.

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