Earnings This Week (Week of July 29th 2024)

Author

Hamid Shojaee
July 28, 2024

Earnings This Week (Week of July 29th 2024)

SoFi Technologies (SOFI) Earnings Date, Estimates, and Expectations

Earnings Release Date: July 30, 2024, 7:00 AM (ET)

EPS Estimate: $0.01

Revenue Estimate: $563.91M

Investors will be looking at SoFi Technologies’ user growth and performance in its financial products and services. Key areas of focus will include loan growth, member additions, and progress in expanding its product suite.

Microsoft Corporation (MSFT) Earnings Date, Estimates, and Expectations

Earnings Release Date: July 30, 2024, 4:06 PM (ET)

EPS Estimate: $2.93

Revenue Estimate: $64.35B

Microsoft’s earnings report will be closely watched for updates on Azure’s growth, performance in the PC market, and advancements in AI and cloud services. Investors will also be interested in the performance of its business productivity solutions.

Advanced Micro Devices (AMD) Earnings Date, Estimates, and Expectations

Earnings Release Date: July 30, 2024, 4:15 PM (ET)

EPS Estimate: $0.67

Revenue Estimate: $5.72B

For AMD, investors will focus on market share gains against Intel, growth in the data center segment, and the performance of its latest chipsets. Gaming and graphics segments will also be under scrutiny.

Meta Platforms (META) Earnings Date, Estimates, and Expectations

Earnings Release Date: July 31, 2024, 4:05 PM (ET)

EPS Estimate: $4.69

Revenue Estimate: $38.23B

Investors will be looking for insights into Meta’s user engagement across its platforms, advertising revenue growth, and updates on its metaverse investments. Monetization strategies for WhatsApp and Messenger will also be of interest.

PayPal Holdings (PYPL) Earnings Date, Estimates, and Expectations

Earnings Release Date: July 31, 2024, 4:00 PM (ET)

EPS Estimate: $0.89

Revenue Estimate: $7.14B

PayPal’s earnings report will be examined for trends in transaction volume, active user growth, and updates on its Venmo and other digital wallet services. Investors will also look for commentary on competitive pressures and strategic initiatives.

Carvana Co. (CVNA) Earnings Date, Estimates, and Expectations

Earnings Release Date: July 31, 2024, 4:10 PM (ET)

EPS Estimate: -$0.08

Revenue Estimate: $3.23B

Carvana’s earnings will be evaluated based on its progress in scaling operations, improving profitability, and expanding its market reach. Investors will also be interested in inventory management and customer satisfaction metrics.

Roblox Corporation (RBLX) Earnings Date, Estimates, and Expectations

Earnings Release Date: August 1, 2024, 8:00 AM (ET)

EPS Estimate: -$0.41

Revenue Estimate: $888.60M

Roblox’s earnings will focus on user engagement metrics, growth in daily active users, and revenue from in-game purchases. Investors will also look for updates on international expansion and developer ecosystem health.

Apple Inc. (AAPL) Earnings Date, Estimates, and Expectations

Earnings Release Date: August 1, 2024, 4:30 PM (ET)

EPS Estimate: $1.23

Revenue Estimate: $77.70B

Apple’s earnings report will be scrutinized for iPhone sales performance, growth in services revenue, and updates on new product launches. Investors will also pay attention to supply chain commentary and future guidance.

Amazon.com, Inc. (AMZN) Earnings Date, Estimates, and Expectations

Earnings Release Date: August 1, 2024, 4:01 PM (ET)

EPS Estimate: $0.95

Revenue Estimate: $137.58B

Amazon’s earnings will be watched for trends in e-commerce growth, AWS performance, and advertising revenue. Investors will also look for insights into Prime membership trends and international growth.

Intel Corporation (INTC) Earnings Date, Estimates, and Expectations

Earnings Release Date: August 1, 2024, 4:00 PM (ET)

EPS Estimate: $0.10

Revenue Estimate: $12.98B

Intel’s earnings will be focused on its progress in the data center segment, market share in CPUs, and advancements in manufacturing technology. Investors will also look for updates on strategic initiatives and future guidance.

Airbnb, Inc. (ABNB) Earnings Date, Estimates, and Expectations

Earnings Release Date: August 1, 2024, 4:00 PM (ET)

EPS Estimate: $0.90

Revenue Estimate: $2.73B

Airbnb’s earnings report will highlight trends in bookings, average daily rates, and user growth. Investors will also be interested in updates on experiences, international expansion, and regulatory developments.

Atlassian Corporation (TEAM) Earnings Date, Estimates, and Expectations

Earnings Release Date: August 1, 2024, 4:05 PM (ET)

EPS Estimate: $0.61

Revenue Estimate: $1.13B

Atlassian’s earnings will focus on growth in its subscription revenue, user base expansion, and the adoption of its cloud products. Investors will also look for updates on product innovation and competitive positioning.

Block, Inc. (SQ) Earnings Date, Estimates, and Expectations

Earnings Release Date: August 1, 2024, 4:10 PM (ET)

EPS Estimate: $0.85

Revenue Estimate: $6.28B

Block’s earnings report will be analyzed for trends in transaction volume, growth in Cash App users, and performance in its business solutions segment. Investors will also look for updates on strategic initiatives and competitive landscape.

DoorDash, Inc. (DASH) Earnings Date, Estimates, and Expectations

Earnings Release Date: August 1, 2024, 4:05 PM (ET)

EPS Estimate: -$0.08

Revenue Estimate: $2.54B

DoorDash’s earnings will focus on order volume growth, customer acquisition, and performance in new markets. Investors will also be interested in updates on delivery partnerships and competitive dynamics.

Roku, Inc. (ROKU) Earnings Date, Estimates, and Expectations

Earnings Release Date: August 1, 2024, 4:05 PM (ET)

EPS Estimate: -$0.43

Revenue Estimate: $937.54M

Roku’s earnings will be evaluated based on user growth, engagement metrics, and advertising revenue trends. Investors will also look for updates on content partnerships and platform innovations.