PepsiCo, Inc. (PEP) Earnings Preview

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PepsiCo, Inc. (PEP) is a global food and beverage company operating through six segments: Frito-lay North America, Quaker Foods North America, Latin America Foods, PepsiCo Americas, Asia, Middle East, Africa and Europe. The stock is currently trading around $95.86 at the upper end of its 52 week range of $87.46-$100.76. The stock has been barely outperforming the market this year rallying 1.3% year to date. PEP is scheduled to report earnings before the opening bell tomorrow, and the stock is bearish today falling by $0.61 or 0.63% on the session ahead of the close amidst the Greece and China troubles.

Over the past 12 quarters PEP has rallied on earnings day 9 times with an average move of 2.42%. The stock appears fairly bullish on a chart going into the release having traded broken to the upside of the Ichimoku Cloud at the beginning of July on the daily bars. Over the past 12 quarters PEP has rallied from earnings to the nearest options expiration 8 times with an average move of 3.09%. The stock looks as if it could reverse today’s trend and rip to the upside in today’s session. Investors are looking to see how the company fares with currency headwinds. The company continues to stand as a market leader in U.S. Savory Snacks & Beverage markets and poised to continue strong domestic sales.

The options market is currently implying a move of around $2.67 or 2.8% in PEP by this Friday’s close giving us targets of $93.19 and $98.53.

Walgreens Boots Alliance Inc. (WBA) Earnings Preview

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Walgreens Boots Alliance Inc. (WBA) is the first global pharmacy-led, health and well-being enterprise in the world to help people across the world lead healthier lives. The stock is currently trading around $85.84 at the upper end of its 52 week range of $57.75-$93.42. The stock has been outperforming the market this year rallying 12.66% year to date. WBA is scheduled to report earnings before the opening bell tomorrow, and the stock is bearish today falling by $1.41 or 1.62% on the session ahead of the close amidst the Greece and China troubles.

Walgreens changed it’s ticker symbol from WAG to WBA and reported earnings once since then rallying with a move of 4.90%. The stock appears flat on a chart going into the release having traded in the Ichimoku Cloud for the past month since mid June on the daily bars. The stock looks as if it could reverse today’s trend and rip to the upside in today’s session. Investors are looking to see how the new initiative enacted to reduce costs as well as enhancement of operational efficiencies. This project was expected to result in $500 million in cost savings by 2017. In order to reach this target the company has closed 200 stores and reorganized corporate and field operations to drive operational efficiencies and streamline information technology.

The options market is currently implying a move of around $2.94 or 3.4% in WBA by this Friday’s close giving us targets of $82.90 and $88.78.

General Mills, Inc. (GIS) Earnings Preview

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General Mills Inc. (GIS) is a global manufacturer and marketer of branded consumer foods sold through retail stores. The stock is currently trading around $56.29 at the upper end of its 52 week range of $48.32-$57.73. The stock has been outperforming the market this year rallying 5.06% year to date. GIS is scheduled to report earnings before the opening bell tomorrow, and the stock is bullish today rising by $0.22 or 0.39% on the session ahead of the close amidst the Greece troubles.

Over the past 12 quarters GIS has rallied on earnings day 6 times with an average move of 1.98%. The stock appears bullish on a chart going into the release having traded above or in the Ichimoku Cloud for the past few months since early April on the daily bars. Over the past 12 quarters GIS has rallied from earnings to the nearest options expiration 7 times with an average move of 3.13%. The stock looks as if it could continue today’s trend and rip to the upside in today’s session. Investors are looking to see how the company has dealt with strong dollar headwinds. Despite weak food industry trends, management is trying to turn around the business through increased investments in cereal, improve the U.S. yogurt business and driving profits in the better-for-you unit.

The options market is currently implying a move of around $2.15 or 3.8% in GIS by this Friday’s close giving us targets of $54.14 and $58.44.

ConAgra Foods, Inc. (CAG) Earnings Preview

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ConAgra Foods Inc. (CAG) is the packaged food company providing branded and private branded food in households as well as commercial foods business serving restaurants and foodservice operations. The stock is currently trading around $43.75 at the upper end of its 52 week range of $28.93-$44.15. The stock has been outperforming the market this year rallying 20.56% year to date. CAG is scheduled to report earnings before the opening bell tomorrow, and the stock is bearish today falling by $0.25 or 0.56% on the session ahead of the close amidst the Greece troubles.

Over the past 12 quarters CAG has rallied on earnings day 8 times with an average move of 3.53%. The stock appears bullish on a chart going into the release having traded above the Ichimoku Cloud for the past few months since early April on the daily bars. Over the past 12 quarters CAG has rallied from earnings to the nearest options expiration 8 times with an average move of 4.31%. The stock looks as if it could reverse today’s trend and rally in today’s session. Investors are looking to see a continued trend from the past four quarters of beating earnings. Investors fear strong dollar headwinds and a constant labor dispute on the U.S. West Coast. However ConAgra has launched cost-saving initiatives which are expected to curb the loss from strong dollar headwinds.

The options market is currently implying a move of around $2.18 or 5% in CAG by this Friday’s close giving us targets of $41.59 and $45.95.

Earnings Preview for Micron Technology, Inc. (MU)

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Micron Technology, Inc. (MU) is a global provider of semiconductor devices through global operations, it manufactures and markets a full range of products in leading-edge computing, networking, and consumer products. The stock is currently trading around $24.22 at the lower end of its 52 week range of $23.70-$36.59. The stock has been underperforming the market this year falling by 28.55% year to date. MU is scheduled to report earnings after the closing bell today, and the stock is bullish today rising by $0.16 or 0.69% on the session ahead of the close.

Over the past 11 quarters MU has rallied on earnings day 4 times with an average move of 5.49%. The stock appears very bearish on a chart going into the release having traded below or in the Ichimoku Cloud since February on the daily bar. Over the past 11 quarters MU has rallied from earnings to the nearest options expiration 4 times with an average move of 4.74%. The stock looks as if it could reverse its trend of the past few months and rip to the upside in today’s session. Investors expect a lot of support as the stock reaches levels close to the 52-week low. The company anticipates weak performance of DRAM products to affect the top line. The company has issued a soft guidance for this quarter.

The options market is currently implying a move of around $1.51 or 6.3% in MU by this Friday’s close giving us targets of $22.71 and $25.73.

Nike Inc. (NKE) Earnings After the Close Today

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Nike Inc. (NKE) is engaged in design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services across the world. The stock is currently trading around $105.50 at the upper end of its 52 week range of $75.03-$107.45. The stock has been outperforming the market this year rallying by 9.60% year to date. NKE is scheduled to report earnings after the closing bell today, and the stock is bearish today falling by $0.74 or 0.70% on the session ahead of the close.

Over the past 11 quarters NKE has rallied on earnings day 7 times with an average move of 4.80%. The stock appears bullish on a chart going into the release having traded above the Ichimoku Cloud for the past few months since about March on the daily bars. Over the past 11 quarters NKE has rallied from earnings to the nearest options expiration 7 times with an average move of 4.80%. The stock looks as if it could reverse today’s trend and rally in today’s session. Investors are happy to see Goldman Sachs report a price-target hike to $121 from $118 despite a 0.79 put/call ratio. Nike has also seen favorable earnings revisions typically a positive precursor to an earnings beat.

The options market is currently implying a move of around $3.79 or 3.6% in NKE by this Friday’s close giving us targets of $101.71 and $109.29.

Earnings Preview for Lennar Corporation. (LEN)

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Lennar Corporation. (LEN) is a real estate company specializing in homebuilding, providing real estate related financial services, commercial real estate investments, and investment management. The stock is currently trading around $49.16 at the upper end of its 52 week range of $35.74-$53.67. The stock has been outperforming the market this year rallying by 9.71% year to date. LEN is scheduled to report earnings before the opening bell tomorrow, and the stock is bearish today falling by $0.32 or 0.65% on the session ahead of the close.

Over the past 12 quarters LEN has rallied on earnings day 8 times with an average move of 3.92%. The stock appears bullish on a chart going into the release having broken through the top side of the Ichimoku Cloud in the past week on the daily bar. Over the past 12 quarters LEN has rallied from earnings to the nearest options expiration 8 times with an average move of 4.99%. The stock looks as if it could continue its recent trend and rip to the upside in today’s session. Investors are mainly looking to see how recent reports of improving housing trends will affect sales. Reassuring economic reports have led to steady demand trends in the housing industry and investors look to see these indicators drive earnings and revenues for this quarter.

The options market is currently implying a move of around $2.84 or 5.8% in LEN by this Friday’s close giving us targets of $46.32 and $52.00.

Bed Bath & Beyond Inc. (BBBY) Earnings Tomorrow after the Close

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Bed Bath & Beyond Inc. (BBBY) is a retailer operating in two segments: North American Retail and Institutional Sales offering products in-store, online or through a mobile device. The Company also operates Linen Holdings, a provider of textile products. The stock is currently trading around $70.74 at the upper end of its 52 week range of $54.96-$79.64. The stock has been underperforming the market this year falling by 7.11% year to date. BBBY is scheduled to report earnings after the closing bell tomorrow, and the stock is bullish today rising by $0.22 or 0.31% on the session ahead of the close.

Over the past 12 quarters BBBY has rallied on earnings day 3 times with an average move of 6.65%. The stock appears bearish on a chart going into the release having traded below the Ichimoku Cloud for the past few months since about mid-April on the daily bars. Over the past 12 quarters BBBY has rallied from earnings to the nearest options expiration 4 times with an average move of 7.86%. The stock looks as if it could reverse its trend and lower in today’s session. Investors are mainly looking to see how the company fares with strong currency headwinds and prolonged slowdown at a port on the West Coast. Margins are expected to be impacted due to higher coupon expenses and direct-to-consumer shipping costs. The company also hinted at a rise in SG&A costs.

The options market is currently implying a move of around $3.92 or 5.5% in BBBY by this Friday’s close giving us targets of $66.79 and $74.63.

Monsanto Company (MON) Earnings Preview Ahead of Tomorrow’s Release

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Monsanto Company (MON) is a provider of agricultural products for farmers with solutions that improve productivity, reduce the costs of farming, and produce better foods for consumers and better feed for animals. The stock is currently trading around $113.92 around the middle end of its 52 week range of $105.76-$128.79. The stock has been underperforming the market this year falling by 4.55% year to date. MON is scheduled to report earnings before the opening bell tomorrow, and the stock is weak today falling by $0.43 or 0.38% on the session ahead of the close.

Over the past 12 quarters MON has rallied on earnings day 7 times with an average move of 2.22%. The stock appears bearish on a chart going into the release having traded below the Ichimoku Cloud for the past month on the daily bars. Over the past 12 quarters MON has rallied from earnings to the nearest options expiration 8 times with an average move of 3.07%. The stock looks as if it could continue its trend and lower further in today’s session. Investors are mainly looking to see if the company was able to lower its operating expenses by at least 3-5% as promised. Investors expect the company to earn $275 million in gross profit due to high demand as farmers always seek to maximize their crop yields.

The options market is currently implying a move of around $3.72 or 3.3% in MON by this Friday’s close giving us targets of $110.20 and $117.64.

BlackBerry Ltd. (BBRY) Earnings Preview

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BlackBerry Ltd. (BBRY) is a provider of mobile communications and services engaged primarily in the provision of the BlackBerry wireless solution consisting of smartphones, services and software. The stock is currently trading around $9.14 at the lower end of its 52 week range of $8.59-$12.63. The stock has been underperforming the market this year falling by 16.85% year to date. BBRY is scheduled to report earnings before the opening bell tomorrow, and the stock is very bullish today rising by $0.24 or 2.64% on the session ahead of the close.

Over the past 9 quarters BBRY has rallied on earnings day 5 times with an average move of 10.78%. The stock appears bearish on a chart going into the release having traded down below the Ichimoku Cloud for the past few weeks on the daily bars. Over the past 9 quarters BBRY has rallied from earnings to the nearest options expiration 3 times with an average move of 10.03%. The stock looks as if it could reverse its trend and rip to the upside further in today’s session. Investors are mainly seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. Other than this news BlackBerry continues to have an exodus of customers, but despite these rumors the company claims a strong customer base.

The options market is currently implying a move of around $0.73 or 7.9% in BBRY by this Friday’s close giving us targets of $9.86 and $8.41.