![]() ![]() We see upside potential as supply eases through the year."Īs for the semiconductor stock's fiscal first-quarter, Schafer expects the tech name to report earnings of $8.15 per share and revenue of $7.6 billion. And while lead times remain stretched at 50 weeks, "We believe AVGO has nearly ~100% backlog coverage for 2022. "Management has been exemplary in a tight supply environment," Schafer writes. Oppenheimer analyst Rick Schafer sees an "upside setup" relative to consensus estimates due to core networking, which is expected to be 30% higher than it was in the year-ago period. Strong Growth Expected in Broadcom's Earnings Reportīroadcom will unveil its fiscal first-quarter earnings report after Thursday's close. Specifically, the analyst expects merchandise and supply-chain costs to remain stable.Ĭonsensus estimates among Wall Street pros for Dollar Tree's Q4 are for earnings per share (EPS) of $1.77 (-16.9% YoY) and revenue of $7.1 billion, a 5.2% improvement from the year prior. Lasser's referring to the company's announcement in late November that it was hiking prices on the bulk of its inventory to $1.25 from $1.00, which he believes "should provide meaningful lift."Īnd even if the shift in strategy doesn't benefit sales, the retailer should still see a notable expansion in gross merchandise. Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice. "The market has not fully reflected the benefit of DLTR's pricing actions in the stock." "We think DLTR's shares are compelling," writes UBS Research analyst Michael Lasser (Buy). Shares of the discount retailer – which has been a frequent target of activist investors – are up more than 5% in the past month, compared to a roughly 1.2% drop for the broader S&P 500.Ĭan DLTR's fourth-quarter earnings report – due out ahead of the March 2 open – keep the wind at the stock's back? Like many other consumer staples stocks, Dollar Tree has held up well during the recent market turbulence. Dollar Tree's Price Hike in Focus Ahead of Q4 Earnings Revenue, meanwhile, is forecast to land at $7.2 billion, up 24.4% from the year-ago period. Among them is the company's inclusion of MuleSoft, a systems integration firm that was acquired by Salesforce for $6.5 billion in 2018, which the analyst calls "a work in progress."įor CRM's fourth quarter, analysts, on average, expect earnings to arrive at 75 cents per share, a 27.9% year-over-year (YoY) decline. However, Schwartz warns of "cloudy parts" in the CRM story. "Takeaways from recent field checks and enterprise CIO surveys reveal good business activity and healthy overall demand for Salesforce in the fourth quarter and a strong pipeline in fiscal 2023," he writes in a note. ![]() This optimism is echoed by Oppenheimer analyst Brian Schwartz, who has an Outperform (Buy) rating on CRM. 10 Stocks Warren Buffett Is Selling (And 7 He's Buying)īut in recent weeks, it seems those concerns have dissipated, with the Salesforce partners Lane spoke to "all striking an optimistic tone around the growth of their Salesforce practices in 2022 and beyond." ![]()
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