Qualcomm, Moderna, Airbnb report quarterly earnings this week. The market expects EPS of $2.26, $9.42, respectively, $0.7.
The US earnings season is underway, and this week plenty of companies report their quarterly earnings. Among the most interesting ones are Qualcomm, Moderna, and Airbnb.
Qualcomm stock price is down more than -11% for the year as it met stiff resistance at $160. Investors expect EPS of $2.26 on the quarter, and the annual revenue estimate for the fiscal period ending September 2021 is $32.98 billion.
The company trades at an attractive P/E Non-GAAP (TTM) ratio of 18.12, way lower than the 24.80 sector median. Also, this is a stock attractive for its dividend-paying policy. It managed to grow its dividend for 18 consecutive years and has a dividend yield of 2.02%. Finally, Qualcomm operates with a gross profit margin of 59.81%, higher by 21.55% when compared to the sector median.
Qualcomm’s Q4 FY21 earnings conference call is scheduled for November 3, 2021, at 1;45 PM PDT.
Moderna reports its quarterly earnings this week, too, scheduled for release at 08:00 AM EDT on November 4. Investors expect the company to report EPS of $9.42 on the quarter, and judging by the earnings evolution so far, the bias is that it will beat expectations.
Moderna is one of the biotechnology companies that benefited the most from the COVID-19 pandemic, being one of the first health care companies that developed therapeutics and vaccines based on messenger RNA.
Because of that, its revenue growth YoY is off the charts, growing by over 6,000% and expected to grow further. The company does not pay a dividend, and it operates with a gross profit margin of 59.02%, higher than the 54.86% sector median.
Aibnb is in focus this week as it will announce its quarterly earnings on November 4. Investors expect the company to report EPS of $0.7, in a sign that the travel industry started to recover after being hit hard by the COVID-19 pandemic.
Analysts are optimistic about Airbnb stock price. Out of the 48 analysts that cover the stock price, 27 are bullish and 20 have neutral ratings. Only one analyst has issued a sell rating.