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Forecast Of The Day: IBM’s Global Technology Services Revenue

by Trefis Team
What? IBM’s (NYSE:IBM) Global Technology Services revenue declined from around $27.4 billion in 2019 to $25.8 billion in 2020. We expect the number to rise to about $26 billion in 2021 and to around $27 billion in 2022. Why? While sales...
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Company Of The Day: Snap

by Trefis Team
What? Snapchat’s parent company Snap (NYSE:SNAP) published stronger than expected adjusted earnings of $0.17 per share for Q3 2021. However, revenues fell short of estimates, coming in at about $1.07 billion. The company’s revenue ou...
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Which Stocks Are More Attractive Than eBay’s Stock?

by Trefis Team
We believe that there are other stocks that are currently better valued than eBay’s stock (NASDAQ: EBAY). EBAY’s current price-to-operating income ratio (P/EBIT) of 16.7x is higher than levels of 13.3x for PerkinElmer (NYSE: PKI), 10.7x f...
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Can Citrix Systems’ Stock Rise After A 9% Drop In Last Month?

by Trefis Team
Citrix Systems’ stock (NASDAQ: CTXS) declined by 9% in the last twenty-one trading days. In comparison, the broader S&P500 index rose by 3.8% over the same period. The fall was triggered after Citrix Systems’ CEO David Henshall...
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Can Guess Stock Rebound After A 7% Drop?

by Trefis Team
Guess stock (NYSE: GES), a retailer that designs, markets, distributes, and licenses apparel and accessories for men, women, and children, has declined 7% in the last twenty-one trading days (one month). In comparison, the broader S&P500 in...
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UBS Stock To Beat Street Expectations?

by Trefis Team
UBS (NYSE: UBS)  is scheduled to report its fiscal Q3 2021 results on Tuesday, October 26. We expect UBS to top the revenue and earnings expectations. The bank outperformed the consensus estimates in the last quarter, with net revenues (revenue...
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HSBC Stock To Top The Revenue Outlook In Q3?

by Trefis Team
HSBC (NYSE: HSBC) is scheduled to report its fiscal Q3 2021 results on Monday, October 25. We expect HSBC to top the revenue expectations, while earnings will likely fall short. The bank posted total revenues of $12.6 billion in the last quarte...
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Will UPS Stock Rise After Q3 Results?

by Trefis Team
United Parcel Service (NYSE:UPS) is scheduled to report its Q3 2021 results on Tuesday, October 26. We expect UPS to likely post revenue below and earnings above the street expectations. The overall ground delivery volume may see a slowdown giv...
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What’s Next For Guardant Health Stock After An 18% Fall In A Month?

by Trefis Team
The stock price of  Guardant Health (NASDAQ: GH), a healthcare company that offers non-invasive cancer diagnosis tests, has seen an 18% fall over the last twenty-one trading days. This can be attributed to its plans to acquire NeoGenomics (NYSE: ...
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What To Expect From Corning’s Quarter?

by Trefis Team
Corning (NYSE:GLW) is scheduled to report its Q3 2021 results on Tuesday, October 26. We expect Corning to likely post revenue and earnings largely in-line with the street expectations. The revenues are expected to trend higher led by continued...
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Should You Pick This Legacy Weight Loss Player Over Peloton Stock?

by Trefis Team
We think that Peloton stock (NASDAQ: PTON), an at-home fitness company that sells connected exercise bikes and treadmills, and related fitness subscriptions, is currently a better pick compared to WW International stock  (NASDAQ: WW), a company b...
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What’s Happening With Clean Energy Fuels Stock?

by Trefis Team
Clean Energy Fuels (NASDAQ: CLNE), a company best known for collecting and transporting renewable natural gas that is produced from the organic waste collected at dairy farms and related sources, has seen its stock rise by about 15% over the last...
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3M Stock To Trade Higher Post Q3?

by Trefis Team
3M Company (NYSE:MMM) is scheduled to report its Q3 2021 results on Tuesday, October 26. We expect 3M to likely post revenue and earnings above the street expectations, driven by a rebound in the overall economic activity, as global Covid-19 va...
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Is Tesla’s Stock Still Overvalued After Its Q3 Results?

by Trefis Team
Tesla (NASDAQ:TSLA) published a stronger than expected set of Q3 2021 results despite the ongoing chip shortages and supply chain issues weighing on the automotive industry. While Tesla’s adjusted EPS rose by about 2.5x to $1.86, almost $0....
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Forecast Of The Day: Expedia B2B Revenue

by Trefis Team
What? Expedia’s (NASDAQ:EXPE) B2B Revenue declined from around $2.6 billion in 2019 to about $1 billion in 2020. We expect the metric to rise to around $1.8 billion in 2021 and to about $1.95 billion in 2022. Why? Sales dropped sharply ...
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