The company is expected to report earnings of $1.90/share on $44.10 billion in revenue. Meanwhile, the so-called Whisper number is a gain of $2.00/share. The Whisper number is the Street’s unofficial view on earnings.
A Closer Look At The Fundamentals:
The company has done an exceptional job redefining itself and staying relevant as the global economy continues to evolve. The company has managed to grow both its top line (revenue) and bottom line (earnings) in each of the past four quarters which is very impressive.
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A Closer Look At The Technicals:
Technically, the stock is very strong as it continues to hit fresh record highs week after week. In the short-term, the stock is extended and due to pullback. The fact that it refuses to pullback illustrates how strong the bulls are right now.
Pay Attention To How The Stock Reacts To The News:
From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.