My Investing Muse

Public Holidays (China, Hong Kong & USA) 01 Jul 2022 - Hong Kong Public Holiday Earnings Calendar The charts below are from Earnings Whispers: Personally, I am looking at Nike, Trip, Micron and meme stock Bed Bath & Beyond. #earnings $NKE $TRIP $MU $BBBY  Source is @eWhispers  Now, let us look into Micron in detail: Micron has called over 28% from one year ago and has recently hit a 52 week low of $53.60.   At a P/E of 7.36, this is one attractive holding as we can expect the market's demands for chips to remain high over the future.  It is left to be seen how Micron will perform in the last quarter.  However, the market outlook can weigh much more on the price action than the EPS or revenue announced during the coming earnings call. From the above, the market is expecting an EPS of 2.46 and revenue of $8.68B from its 30 June 2022 earnings.  Will Micron be able to continue its reversal?  Let us monitor this closely. News Summary Sri Lanka ...

Micron $MU beat the market forecast in both EPS and revenue from their 29 Mar 2022 earnings. EPS 2.14 (actual) vs 1.98 (forecast) Revenue 7.79B (actual) vs 7.53B (forecast) In fact, Micron has been beating the forecast (of both EPS and revenue) for the last 5 previous consecutive quarters.  On the day of earning (29 Mar 2022), the stock opened with a price of $84.30 and closed the trading day at $$79.16.  As of 01 Apr 2022, the stock closed with a price of $76.18, a fall of 9.6% since 29 Mar 2022's opening price. MU revenue & EPS beat market forecast for results released on 29Mar22 Highlights (extracted from Micron's presentation deck): Delivered excellent performance in FQ2 with results above the high end of our guidance; grew revenue and margins sequentially SSD products achieved record revenue; auto market revenues also reached an all-time high Industry-leading 1-alpha DRAM and 176-layer NAND technology node ramps delivering strong cost reductions Portfolio transformati...

Some of the most anticipated earnings for the week starting 28Mar2022 Earnings for week starting 28 Mar 2022 EV will get some updates from Xpeng and Lucid.  Micron's earnings are interesting with the recent hype about chip makers being key in our digital age.  Thursday will see Blackberry reporting their earnings.   The market remains nervy with dark clouds of the Ukraine crisis, the next waves of Russian sanctions and also China's Covid outbreak ready to spook the market. Interesting company to watch out for - $PATH $PATH 1D chart as per 27 Mar 2022 Another company of interest is UiPath $PATH which was recently recognised as a leader in the IDC (market intelligence).  Here is the news extract dated 23rd March 2022: News article from Yahoo Finance dated 23 Mar 2022 "a leading enterprise automation software company, today announced that it has been named a Leader in the IDC MarketScape: Worldwide Cloud Testing 2022 Vendor Assessment – Empowering Business Velocity...