Intel, Newmont и Comcast: кто отчитается в четверг и чего ждать инвесторам

Очередная волна отчетного периода продолжается: в четверг на рынок выходят сразу несколько компаний из разных отраслей — от полупроводников и телекоммуникаций до промышленного сектора и финансов. Инвесторы и аналитики будут следить за публикациями показателей крупнейших игроков, в числе которых Intel, Newmont Mining, Comcast, Lockheed Martin и Honeywell International, а также за результатами целого ряда компаний, от банков до ритейла и медицинских сервисов.

Что означает «сезон отчетности» и почему он важен

Под «earnings season» обычно понимают период, когда публичные компании раскрывают финансовые результаты за квартал. Для рынка это один из ключевых моментов: по отчетам сравнивают прогнозы и фактические цифры, оценивают динамику выручки и прибыльности, а также получают комментарии менеджмента о перспективах. Даже если предприятие относится к «второму эшелону», его данные могут повлиять на настроения по сектору, где оно работает.

Отчеты до открытия торгов

Часть компаний планирует опубликовать результаты до старта торгов. Ниже приведены оценки (прогнозы) по прибыли на акцию (EPS) и выручке, которые фигурируют в ожиданиях рынка на этот момент.

• NextEra Energy Inc (NEE) — Estimated EPS: $0.9654, Estimated revenue: $7.29B
• Centerpoint (CNP) — Estimated EPS: $0.5697, Estimated revenue: $2.9B
• Helen of Troy Ltd (HELE) — Estimated EPS: $0.7499, Estimated revenue: $450.8M
• Tal Education Group (TAL) — Estimated EPS: $0.15, Estimated revenue: $784.44M
• Dr Pepper Snapple (KDP) — Estimated EPS: $0.3732, Estimated revenue: $3.83B
• Mobileye Global (MBLY) — Estimated EPS: $0.20, Estimated revenue: $704.84M
• Infosys Tech (INFY) — Estimated EPS: $0.1983, Estimated revenue: $4.98B
• Dow Chemical (DOW) — Estimated EPS: -$0.2713, Estimated revenue: $9.65B
• Comcast Corp New (CMCSA) — Estimated EPS: $0.7223, Estimated revenue: $30.37B
• Lockheed Martin (LMT) — Estimated EPS: $6.74, Estimated revenue: $18.26B
• Union Pacific (UNP) — Estimated EPS: $2.85, Estimated revenue: $6.21B
• TheBlackstoneGroup (BX) — Estimated EPS: $1.34, Estimated revenue: $3.41B
• Alliance Data Systems (BFH) — Estimated EPS: $3.05, Estimated revenue: $992.64M
• Thermo Fisher Sc (TMO) — Estimated EPS: $5.25, Estimated revenue: $10.87B
• American Express (AXP) — Estimated EPS: $4, Estimated revenue: $18.61B
• Pulte Homes Inc (PHM) — Estimated EPS: $1.82, Estimated revenue: $3.39B
• West Pharmaceutical Services Inc (WST) — Estimated EPS: $1.68, Estimated revenue: $780.65M
• Penn National Gaming Inc (PENN) — Estimated EPS: $0.054, Estimated revenue: $1.75B
• Gores Holdings V (AMBP) — Estimated EPS: $0.0289, Estimated revenue: $1.37B
• Nasdaq Omx Group (NDAQ) — Estimated EPS: $0.9322, Estimated revenue: $1.37B
• CBRE (CBRE) — Estimated EPS: $1.13, Estimated revenue: $9.43B
• American Airlines Group (AAL) — Estimated EPS: -$0.4685, Estimated revenue: $13.79B
• Iridium Communications (IRDM) — Estimated EPS: $0.3305, Estimated revenue: $218.93M
• Ladder Cptl (LADR) — Estimated EPS: $0.2346, Estimated revenue: $52.83M
• Freeport Mcm (FCX) — Estimated EPS: $0.4682, Estimated revenue: $5.7B
• Visteon (VC) — Estimated EPS: $1.85, Estimated revenue: $898.17M
• Pacific Gas&Electric (PCG) — Estimated EPS: $0.3872, Estimated revenue: $6.38B
• MarineMax Inc (HZO) — Estimated EPS: $0.0414, Estimated revenue: $610.11M
• Huntgtn Bkshr (HBAN) — Estimated EPS: $0.2264, Estimated revenue: $2.57B
• First Citizens Bancshares (FCNCA) — Estimated EPS: $39.45, Estimated revenue: $2.17B
• Snapon Inc (SNA) — Estimated EPS: $4.77, Estimated revenue: $1.18B
• Popular Inc (BPOP) — Estimated EPS: $3.31, Estimated revenue: $849.66M
• Dime Community Ba (DCOM) — Estimated EPS: $0.768, Estimated revenue: $122.03M
• Heritage Financial Corp (HFWA) — Estimated EPS: $0.3133, Estimated revenue: $80.49M
• Independent Bank Corp (IBCP) — Estimated EPS: $0.788, Estimated revenue: $58.7M
• LSI Industries Inc (LYTS) — Estimated EPS: $0.1867, Estimated revenue: $138.7M
• Texas Capital Ban (TCBI) — Estimated EPS: $1.4, Estimated revenue: $318.03M
• Valley National Bancorp (VLY) — Estimated EPS: $0.275, Estimated revenue: $532.78M
• Old Republic International (ORI) — Estimated EPS: $0.8043, Estimated revenue: $2.27B
• Esquire Financial Holdings Inc (ESQ) — Estimated EPS: $1.52, Estimated revenue: $39.53M
• Amalgamated Bank (AMAL) — Estimated EPS: $0.96, Estimated revenue: $89.76M
• West BanCorp (WTBA) — Estimated EPS: $0.58, Estimated revenue: $27.15M
• Dover Corp (DOV) — Estimated EPS: $2.27, Estimated revenue: $2B
• Honeywell Intl (HON) — Estimated EPS: $2.32, Estimated revenue: $9.3B
• Cemex sab de cv adr (CX) — Estimated EPS: $0.1059, Estimated revenue: $3.86B
• Roper Industries (ROP) — Estimated EPS: $4.99, Estimated revenue: $2.06B
• Kearny Financial (KRNY) — Estimated EPS: $0.15, Estimated revenue: $43.67M
• S&T Bancorp (STBA) — Estimated EPS: $0.8671, Estimated revenue: $103.54M
• STMicroelectronics NV (STM) — Estimated EPS: $0.1713, Estimated revenue: $3.04B
• Nokia Corp-Exch (NOK) — Estimated EPS: $0.0446, Estimated revenue: $5.32B
• ConnectOne Bancorp Inc (CNOB) — Estimated EPS: $0.73, Estimated revenue: $115.46M
• Dassault Systemes SA (DASTY) — Estimated EPS: $0.3463, Estimated revenue: $1.77B
• Ryder System Inc (R) — Estimated EPS: $2.28, Estimated revenue: $3.14B
• Gentherm (THRM) — Estimated EPS: $0.5083, Estimated revenue: $362.36M
• Pool Corp (POOL) — Estimated EPS: $1.35, Estimated revenue: $1.1B
• Strayer Education (STRA) — Estimated EPS: $1.41, Estimated revenue: $313.8M
• Sanofi (SNY) — Estimated EPS: $1.03, Estimated revenue: $12.37B
• Travelzoo (TZOO) — Estimated EPS: $0.155, Estimated revenue: $24.49M
• DNB ASA (DNBBY) — Estimated EPS: $0.6532, Estimated revenue: $2.27B
• Canon (CAJPY) — Estimated EPS: $0.4962, Estimated revenue: $7.01B
• Roche Hldg Ag Div Rt (RHHVF) — Estimated revenue: $19.54B
• BE Semiconductor ADR (BESIY) — Estimated EPS: $0.7642, Estimated revenue: $219.63M
• Roche Holding Ltd (RHHBY) — Estimated revenue: $19.54B
• Hexagon ADR (HXGBY) — Estimated EPS: $0.1067, Estimated revenue: $1.49B
• Axfood ADR (AXFOY) — Estimated EPS: $0.2843, Estimated revenue: $2.37B
• Acme United Corp (ACU) — Estimated EPS: $0.55, Estimated revenue: $51.86M
• Bankinter SA (BKNIY) — Estimated EPS: $0.3591, Estimated revenue: $911.95M
• ASOS plc PK (ASOMY)
• Nestle SA PK (NSRGY) — Estimated revenue: $27.1B
• SGS SA (SGSOY) — Estimated revenue: $2.18B
• J Sainsbury plc (JSAIY)
• Heineken NV (HEINY) — Estimated revenue: $7.78B
• Safran SA (SAFRY) — Estimated revenue: $9.53B
• Reed Elsevier PLC (RELX)

Отчеты после закрытия торгов

Еще один блок компаний публикует результаты уже после завершения торгов. Такие сообщения часто сильнее влияют на котировки на следующий торговый день, так как инвесторы получают время проанализировать цифры и ожидания до начала нового рыночного цикла.

• Carlisle Companies Inc (CSL) — Estimated EPS: $3.35, Estimated revenue: $1.06B
• Slm Corporation (SLM) — Estimated EPS: $1.15, Estimated revenue: $530.46M
• Hartford Finl (HIG) — Estimated EPS: $3.39, Estimated revenue: $7.35B
• Kinsale Capital Group Inc (KNSL) — Estimated EPS: $4.65, Estimated revenue: $410.25M
• Intel Corp (INTC) — Estimated EPS: $0.0169, Estimated revenue: $12.41B
• Ameriprise Fincl (AMP) — Estimated EPS: $10.24, Estimated revenue: $4.72B
• Baker Hughes (BKR) — Estimated EPS: $0.4943, Estimated revenue: $6.34B
• Robert Half Intl (RHI) — Estimated EPS: $0.1287, Estimated revenue: $1.3B
• MaxLinear Inc (MXL) — Estimated EPS: $0.1755, Estimated revenue: $134.56M
• Enova International Inc (ENVA) — Estimated EPS: $3.67, Estimated revenue: $851.69M
• Coursera (COUR) — Estimated EPS: $0.0826, Estimated revenue: $195.17M
• Edward Lifescience (EW) — Estimated EPS: $0.7291, Estimated revenue: $1.6B
• Boyd Gaming Corp (BYD) — Estimated EPS: $1.71, Estimated revenue: $998.82M
• Principal Fin (PFG) — Estimated EPS: $2.03, Estimated revenue: $4.14B
• Digital Realty Trust Inc (DLR) — Estimated EPS: $0.4581, Estimated revenue: $1.6B
• Alpine Income Property Trust Inc (PINE) — Estimated EPS: $0.0402, Estimated revenue: $17.39M
• Newmont Mining (NEM) — Estimated EPS: $2.18, Estimated revenue: $6.53B
• Gaming & Leisure Properties (GLPI) — Estimated EPS: $0.77, Estimated revenue: $417.27M
• SkyWest (SKYW) — Estimated EPS: $2.17, Estimated revenue: $992.06M
• World Fuel Services (WKC) — Estimated EPS: $0.34, Estimated revenue: $8.74B
• SS&C Technologies (SSNC) — Estimated EPS: $1.65, Estimated revenue: $1.63B
• Associated Banc-Corp (ASB) — Estimated EPS: $0.6849, Estimated revenue: $384.5M
• Comfort Systems USA Inc (FIX) — Estimated EPS: $6.78, Estimated revenue: $2.38B
• Ameris Bancorp (ABCB) — Estimated EPS: $1.55, Estimated revenue: $309.32M
• Columbia Banking (COLB) — Estimated EPS: $0.6857, Estimated revenue: $677.21M
• NBT Bancorp Inc (NBTB) — Estimated EPS: $0.9769, Estimated revenue: $185.26M
• Verisign Inc (VRSN) — Estimated EPS: $2.31, Estimated revenue: $425.16M
• Rexford Inl Rty (REXR) — Estimated EPS: $0.2669, Estimated revenue: $242.45M
• First Financial Bancorp (FFBC) — Estimated EPS: $0.6129, Estimated revenue: $257.89M
• Glacier Bancorp (GBCI) — Estimated EPS: $0.6483, Estimated revenue: $308.24M
• OceanFirst Financial (OCFC) — Estimated EPS: $0.3917, Estimated revenue: $104.52M
• Chemed Corp (CHE) — Estimated EPS: $5.34, Estimated revenue: $651.02M
• Customers Bancorp Inc (CUBI) — Estimated EPS: $1.89, Estimated revenue: $223.45M
• Byline Bancorp Inc (BY) — Estimated EPS: $0.748, Estimated revenue: $114.14M
• First Western Financial (MYFW) — Estimated EPS: $0.4414, Estimated revenue: $27.3M
• Mercantil Bank A (AMTB) — Estimated EPS: $0.435, Estimated revenue: $100.75M
• Eastern Bankshares (EBC) — Estimated EPS: $0.4378, Estimated revenue: $301.14M
• US Century Bank (USCB) — Estimated EPS: $0.474, Estimated revenue: $25.95M
• Covenant Logistics NYQ (CVLG) — Estimated EPS: $0.2611, Estimated revenue: $286.99M
• Southern National Bancorp (FRST) — Estimated EPS: $0.29, Estimated revenue: $43.87M
• WSFS Financial Corp (WSFS) — Estimated EPS: $1.46, Estimated revenue: $268.21M
• First Business (FBIZ) — Estimated EPS: $1.42, Estimated revenue: $43.4M
• Financial Institutions (FISI) — Estimated EPS: $0.92, Estimated revenue: $62.76M
• The Bancorp (TBBK) — Estimated EPS: $1.33, Estimated revenue: $183.39M
• Orchid Isla (ORC) — Estimated EPS: $0.2667, Estimated revenue: $30.76M
• Appfolio Inc (APPF) — Estimated EPS: $1.47, Estimated revenue: $258.08M
• Knowles Cor (KN) — Estimated EPS: $0.22, Estimated revenue: $143.1M
• Phillips Edison Co (PECO) — Estimated EPS: $0.1724, Estimated revenue: $184.94M
• Universal Insurance Holdings Inc (UVE) — Estimated EPS: $1.47, Estimated revenue: $481.09M
• Ivanhoe Capital Acquisition (SES) — Estimated EPS: -$0.03, Estimated revenue: $8.05M
• Erie Indemnity Co (ERIE) — Estimated EPS: $3.16, Estimated revenue: $1.09B
• Covenant Transpor (CVLG) — Estimated EPS: $0.2611, Estimated revenue: $286.99M
• Rurban Financial (SBFG) — Estimated EPS: $0.57
• Five Point Holdings LLC (FPH)

На какие цифры обычно смотрят в день отчетов

Хотя в этой подборке приведены оценки по EPS и выручке, реакция рынка чаще всего зависит от того, совпали ли фактические результаты с прогнозами и как компания объясняет причины отклонений. Инвесторы также оценивают:

1. динамику выручки — растет ли она темпами, которые рынок считает устойчивыми;
2. маржинальность — как меняется прибыльность на фоне расходов;
3. прогноз менеджмента — комментарии о будущих кварталах и возможных рисках;
4. сигналы по спросу — особенно в технологических и промышленно-циклических секторах.

В ближайшие часы внимание рынка будет приковано к крупнейшим публикациям дня — от данных Intel и Newmont Mining до отчетов Comcast, Lockheed Martin и Honeywell International. Именно в такие моменты становится заметно, насколько ожидания инвесторов совпадают с реальностью, а также какие отрасли получают импульс, а какие — сталкиваются с более сложными условиями.