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Earnings on tap – Facebook, Citrix Systems, eBay and more

by | 31 Jan, 2018

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Will Facebook live up to expectations?

Top of our list of company results you should be looking out for today is data firm Citrix Systems (#citrix) which reports after market. Goldman Sachs upgraded the stock from a neutral to a buy back in November, but analysts are generally split down the middle on results today.

eBay (#ebay) also reports after market close. Analysts polled by Thomson Reuters expect the firm to earn 59 cents per share compared with 54 cents a year before, while the firms most recent quarterly announcement showed a 7 per cent sales volume boost in its core marketplace segment – its best pace in 3 years. This notable growth is expected to be reflected in earnings today.

Facebook (#fb) is expected to post major revenue growth (to the tune of $12.55 billion) when it reports after market close. This represents a gain of over 42 per cent compared to Q4 2016, however operating expenses may rise (45 per cent to 60 per cent) due to increased spending on security measures, on top of possible disruption due to future algorithm changes on the platform which it announced earlier this month.

Microsoft (#msft) also reports today and analysts are betting big on the success of its cloud business – Azure. The company may not make the most headlines of all the tech giants, but the stock nearly doubled in value over the last 18 months. Zacks investment research expects year-over-year growth of 8.8 per cent in revenue terms – a bullish figure.

PayPal (#paypal) has beaten earnings estimates in all 10 quarters since splitting from eBay, but can it keep it up this time? Analysts expect the company grew adjusted earnings by 24 per cent in the holiday quarter 2017, up from 17 per cent a year ago, with earnings per share up 24 per cent from a year ago.

Also keep your eyes peeled for financial results from: Murphy Oil (#mur), Qualcomm (#qcom) and Vertex Pharmaceuticals (#vertx). Good luck and happy trading!

Related: Lock and load for defense stocks as Trump looks to boost military spending

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ALL RIGHTS RESERVED © INVSTR LTD. 2018

Risk Disclosure:
Invstr is a technology platform, not a registered broker-dealer or investment adviser. Invstr does not offer its own recommendations of any security or provide its own research to any user regarding any security transaction or order.
Please note, investing involves risk and investments may lose value. Past performance does not guarantee future results.
Brokerage services are provided by the following:
US-traded securities, including fractional trading, are provided to Invstr users by DriveWealth LLC, a regulated member of FINRA/SIPC. DriveWealth may not establish investment accounts to residents of certain jurisdictions. For more information, including disclaimers, risk and transaction fees click here.
India account traded securities are provided by SIC Stocks & Services PVT Ltd. SIC does not make any personal recommendations to buy, sell or otherwise deal in investments. Investors make their own investment decisions. The services and securities provided by SIC may not be suitable for all customers and, if you have any doubts, you should seek advice from an independent financial adviser. For more information and disclaimers, click here.

 

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