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.

Carnival Corporation (CCL) to Report Earnings Before the Opening Bell Tomorrow

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Carnival Corporation (CCL) is a cruise vacation company with three cruise segments consisting of North America cruise brands, Europe, Australia & Asian and Cruise Support. The stock is currently trading around $49.60 at the upper end of its 52 week range of $33.11-$50.65. The stock has been outperforming the market this year rallying 9.55% year to date. CCL is scheduled to report earnings before the opening bell tomorrow, and the stock is has gained a little momentum about $0.66 or 1.35% on the session ahead of the close.

Over the past 12 quarters CCL has rallied on earnings day 5 times with an average move of 4.63%. The stock appears bullish on a chart going into the release having traded above the Ichimoku Cloud for the past month on the daily bars. Over the past 12 quarters CCL has rallied from earnings to the nearest options expiration 5 times with an average move of 6.41%. The stock looks as if it could continue its trend and rip to the upside further in today’s session. Investors are excited to see favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. With the most up-to-date information possible this is a pretty good indicator of some favorable trends underneath the surface for CCL earnings.

The options market is currently implying a move of around $2.78 or 5.6% in CCL by this Friday’s close giving us targets of $46.82 and $52.38.

Red Hat Inc. (RHT) to Report Earnings After the Close Today

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Red Hat Inc. (RHT) is a provider of open source software solutions, using a community-powered approach to develop and offer operating system, virtualization, middleware, storage and cloud technologies. The stock is currently trading around $78.22 at the upper end of its 52 week range of $52.16-$79.35. The stock has been outperforming the market this year rallying 13.28% year to date. RHT is scheduled to report earnings after the closing bell today, and the stock is fairly flat moving down only $0.09 or 0.12% on the session ahead of the close.

Over the past 12 quarters RHT has rallied on earnings day 6 times with an average move of 7.32%. The stock appears bullish on a chart going into the release having traded above the Ichimoku Cloud for the past few months on the daily bars. Over the past 12 quarters RHT has rallied from earnings to the nearest options expiration 5 times with an average move of 8.11%. The stock looks as if it could reverse its trend and rip to the upside further in today’s session. Investors are mainly looking to see if the recent gain of market share will raise revenue. Linux servers are well positioned to compete with Microsoft’s Windows servers and leads investors to expect long term growth. They have also sacrificed service revenue to increase subscription revenue again targeting earnings in the long-run but may hurt earnings in the next couple of quarters.

The options market is currently implying a move of around $5.65 or 7.2% in RHT by this Friday’s close giving us targets of $83.87 and $72.57.

KB Home (KBH) Set to Release Earnings before the Open Tomorrow

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KB Home. (KBH) is a homebuilding company that constructs and sells homes through its five operating segments, four of which are homebuilding segments and one financial services segment. The stock is currently trading around $14.91 at the middle of its 52 week range of $11.76-$18.98. The stock has been underperforming the market this year falling 9.85% year to date. KBH is scheduled to report earnings before the opening bell tomorrow, and the stock is up today roughly $0.05 or 0.34% on the session ahead of the close.

Over the past 11 quarters KBH has rallied on earnings day 6 times with an average move of 7.59%. The stock appears bullish on chart going into the release having traded above the Ichimoku Cloud for the past month on the daily bars. Over the past 11 quarters KBH has rallied from earnings to the nearest options expiration 6 times with an average move of 8.72%. The stock looks as if it could reverse its recent trend and rip to the upside in today’s session. Investors are mainly looking to see how recent strategies to boost revenue per community and per unit will fare. Also, the company has strived to build homes in a mix of geographic locations. Lastly, favorable macro-economic conditions is fueling price increases.

The options market is currently implying a move of around $0.89 or 6.00% in KBH by this Friday’s close giving us targets of $15.80 and $14.02.

Earnings Preview for CarMax, Inc. (KMX)

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CarMax, Inc. (KMX) is a holding company engaged in providing used vehicles, related products and services through two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The stock is currently trading around $72.47 at the upper end of its 52 week range of $43.27-$75.40. The stock has been outperforming the market this year rallying 8.8% year to date. KMX is scheduled to report earnings before the opening bell tomorrow, and the stock is up today slightly moving $0.24 or %0.33 on the session ahead of the close.

Over the past 12 quarters KMX has rallied on earnings day 5 times with an average move of 8.05%. The stock appears bullish on chart going into the release having traded above the Ichimoku Cloud for the past couple months on the daily bars. The Ichimoku Cloud continues to maintain the bullish trend for the upcoming trading periods. Over the past 12 quarters KMX has rallied from earnings to the nearest options expiration 6 times with an average move of 7.00%. The stock looks as if it could continue its trend and rip to the upside further in today’s session. Investors are mainly looking to see large growth numbers. The company orientates itself around growth and continuously reports industry average crushing numbers in EPS, and cash flow. Positive revision estimates have been seen as well.

The options market is currently implying a move of around $4.55 or 6.3% in KMX by this Friday’s close giving us targets of $77.02 and $67.92.

Earnings Preview for Pier 1 Imports Inc. (PIR)

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Pier 1 Imports Inc. (PIR) is a global importer of home décor and furniture operating through retail stores and an e-commerce website conducting business under the name Pier 1 Imports. The stock is currently trading around $12.13 at the upper end of its 52 week range of $11.38-$18.45. The stock has been underperforming the market this year falling 21.36% year to date. PIR is scheduled to report earnings after the closing bell today, and the stock is fairly flat moving only $0.02 down on the session ahead of the close.

Over the past 12 quarters PIR has rallied on earnings day 6 times with an average move of 7.32%. The stock appears bearish on chart going into the release having traded below the Ichimoku Cloud for the past couple month on the daily bars. Over the past 12 quarters PIR has rallied from earnings to the nearest options expiration 5 times with an average move of 7.48%. The stock looks as if it could continue its trend and lower further in today’s session. Investors are mainly looking to see strong macroeconomic data implies strong revenue growth for the company. Furniture and Home Furnishings Store Sales economic data has shown healthy gains in the Home Goods retail space over the past 5 years with Pier 1’s revenue growth outpace the market by roughly 2x.

The options market is currently implying a move of around $1.30 or 10.7% in PIR by this Friday’s close giving us targets of $13.43 and $10.83.

Earnings before the Bell Tomorrow for Kroger Co. (KR)

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Kroger Co. (KR) operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States. The stock is currently trading around $73.01 at the upper end of its 52 week range of $46.77-$77.74. The stock has been outperforming the market this year rallying 13.49% year to date. KR is scheduled to report earnings before the opening bell tomorrow, and the stock is higher on the session by around $0.67 or 0.93% ahead of the close.

Over the past 12 quarters KR has rallied on earnings day 8 times with an average move of 3.60%. The stock appears bearish on chart going into the release having broken through the Ichimoku Cloud in the past week. Over the past 12 quarters KR has rallied from earnings to the nearest options expiration 10 times with an average move of 5.48%. The stock looks as if it could continue its trend and rip to the upside further in today’s session. Investors are seeing favorable earnings estimate revisions as of late which is typically a precursor for strong earnings. Other than the revisions, due to warmer weather investors expect revenue to increase due to a greater number of consumers visiting stores operated by Kroger Co. and spending money.

The options market is currently implying a move of around $2.80 or 3.80% in KR by this Friday’s close giving us targets of $75.75 and $70.15.