Today we are watching…
1. Beyond Meat (#bynd)
Beyond Meat’s already gone beyond expectations. The alternative meat company is a NASDAQ new-boy that IPO’d in May. Since then, the stock has multiplied 3 fold. Investors will now get their first taste of the company’s earnings reporting, and despite being an unprofitable business right now, it’s essential it can match -$0.15 profit expectations on $39m of revenue. This stock is unlikely to end the day flat!
2. DocuSign (#docu)
DocuSign helps you get your documents signed with electronic signatures. It’s expected to do well this quarter having bagged an extra 23,000 customers. This is impressive considering the competitors lured into its space by the industry’s rapid growth prospects. Results this quarter are forecast to show 4 cents of profit per share on revenues of $208.5 million.
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