H & R Block Inc. (HRB) to Release Earnings after the Bell Today

[shareaholic app="share_buttons" id="24556347"]

H & R Block Inc. (HRB) provides tax preparation and banking services for assisted income tax return preparation, digital tax solutions and other services and products related to income tax return preparation. The stock is currently trading around $31.58 at the upper end of its 52 week range of $27.42-$35.80. The stock has been underperforming the market this year falling by 6.56% year to date. HRB is scheduled to report earnings after the bell today, and the stock is higher on the session by around $0.10 or 0.32% ahead of the close.

Over the past 12 quarters HRB has rallied on earnings day 4 times with an average move of 3.79%. The stock appears to be reversing a bearish trend over the last few days. Over the past 12 quarters HRB has rallied from earnings to the nearest options expiration 6 times with an average move of 4.42%. The stock looks as if it could rip to the upside in today’s session despite being down a few cents. Investors are mainly looking to see how the tax preparer will benefit from the Affordable Care Act. Other investors are looking to see how the migration away from pen and paper filers will add to earnings performance.

The options market is currently implying a move of around $1.83 or 5.8% in HRB by this Friday’s close giving us targets of $33.41 and $29.75.

Burlington Stores Inc. (BURL) Set to Release Earnings before the Bell Tomorrow

[shareaholic app="share_buttons" id="24556347"]

Burlington Stores Inc. (BURL) is a retailer of branded apparel operating through 542 stores and an internet store. The stock is currently trading around $54.40 at the upper end of its 52 week range of $27.59-$61.94. The stock has been outperforming the market this year rallying 15.11% year to date. BURL is scheduled to report earnings before the bell tomorrow, and the stock is lower on the session by around $0.67 or 1.22% ahead of the close.

Over the past 6 quarters BURL has rallied on earnings day 5 times with an average move of 6.60%. The stock looks bullish on a chart over the past 5 days. Over the past 6 quarters BURL has rallied from earnings to the nearest options expiration 6 times with an average move of 10.95%. The stock looks as if it could continue its recent trend and rip to the upside in today’s session. Since Monday BURL has had a strong bullish trend to its chart. It has been trading above the Ichimoku Cloud since Monday and the cloud continues to show a bullish trend. Investors are mainly looking to see how the technical data will hold up for Burlington Stores Inc. because the company has beaten EPS over the last two quarters by 78% and 25% respectively.

The options market is currently implying a move of around $3.85 or 7.1% in BURL by this Friday’s close giving us targets of $58.25 and $50.55.

Verifone Systems Inc. (PAY) Releases Earnings after the Bell

[shareaholic app="share_buttons" id="24556347"]

Verifone Sytems Inc. (PAY) is a holding company engaged in secure electronic payment solutions. The stock is currently trading around $38.68 at the upper end of its 52 week range of $28.19-$39.25. The stock has been outperforming the market this year rallying of 3.92% year to date. PAY is scheduled to report earnings after the bell today, and the stock is lower on the session by around $0.20 or 0.51% ahead of the close.

Over the past 12 quarters PAY has rallied on earnings day 6 times with an average move of 10.29%. Over the past 12 quarters PAY has rallied from earnings to the nearest options expiration 7 times with an average move of 14.13%. The stock looks as if it could continue its recent trend and rip to the upside in today’s session despite being down a few cents. Investors are mainly looking to see if the collaboration between Visa and Verifone Systems to streamline the omni-channel commerce worldwide will beat the estimated 42 cents per share expectation. Other investors are looking to see a continued growth in revenue because Verifone Systems is an industry leader in this category.

The options market is currently implying a move of around $2.40 or 6.2% in PAY by this Friday’s close giving us targets of $36.28 and $41.08.

Five Below Inc. (FIVE) Earnings Preview

[shareaholic app="share_buttons" id="24556347"]

Five Below Inc. (FIVE) is a specialty retailer that sells merchandise mainly to a teen and a pre-teen customer base. The stock is currently trading around $34.47 at the middle of its 52 week range of $28.51-$47.89. The stock has been underperforming the market this year at a rate of 15.55% year to date. FIVE is scheduled to report earnings after the bell today, and the stock is higher on the session by around $0.21 or 0.61% ahead of the close.

Over the past 12 quarters FIVE has rallied on earnings day 6 times with an average move of 9.45%. The stock appears fairly bullish on a chart going into the release having traded above the Ichimoku Cloud for a few days. Over the past 12 quarters FIVE has rallied from earnings to the nearest options expiration 8 times with an average move of 7.17%. The stock looks as if it could continue its trend and rip to the upside in today’s session. Investors are mainly looking to see how the newly opened stores will fare after retail numbers have continued to disappoint month after month.

The options market is currently implying a move of around $3.70 or 10.7% in FIVE by this Friday’s close giving us targets of $38.17 and $30.77.

Earnings before the Bell Tomorrow from Ciena Corporation. (CIEN)

[shareaholic app="share_buttons" id="24556347"]

Ciena Corportation. (CIEN) provides communication networking equipment, software and services to support video and data traffic. The stock is currently trading around $24.66 at the very top of its 52 week range of $13.77-$24.66. The stock has been strongly outperforming the market this year rallying 27% year to date. CIEN is scheduled to report earnings before the bell tomorrow morning, and the stock is higher on the session by around $0.46 or 1.90% ahead of the close.

Over the past 12 quarters CIEN has rallied on earnings day 8 times with an average move of 9.93%. CIEN appears fairly bullish on a chart going into the release having traded above the Ichimoku Cloud for today’s session. Over the past 12 quarters CIEN has rallied from earnings to the nearest options expiration 8 times with an average move of 11.99%. The stock looks as if it could continue its trend of ripping to the upside in today’s session. The Ichimoku Cloud has consistently changed trends, but has been bullish today and shows a growing cloud for today’s trading session. Investors are mainly looking for a higher number of orders from international customers to boost Ciena’s top line. Other points to watch out for is the diversification and expansion of its customer base and addressable market as well as growing demand for cloud-based on-demand networking capabilities and how this will affect revenue.

The options market is currently implying a move of around $1.82 or 7.38% in CIEN by this Friday’s close giving us targets of $22.84 and $26.48.

CSR PLC (CSRE) Earnings Preview

[shareaholic app="share_buttons" id="24556347"]

CSR PLC. (CSRE) is a United Kingdom-based holding company and is a provider of silicon, software and services for the consumer electronics market. The stock is currently trading around $54.10 at the upper end of its 52 week range of $33.88-$55.63. The stock has been performing in line with the market this year at a rate of 2.73% year to date. CSRE is scheduled to report earnings before the bell tomorrow, and the stock is higher on the session today ahead of the release by around $0.50 or 0.93% ahead of the closing.

Over the past 12 quarters CSRE has rallied on earnings day 4 times with an average move of 13.35%. CSRE appears bullish on a chart going into the release. Over the past 12 quarters CSRE has rallied from earnings to the nearest options expiration 4 times with an average move of 25.93%. The stock looks as if it could continue its upward trend in today’s session before the close. The Ichimoku Cloud appears to have a growing size indicating a bullish trend. The stock has been trading well above the cloud since the beginning of May and looks to continue its trend as all indicators are ripping to the upside. Investors are mainly looking to see how the strong USD will impact revenue growth for this quarter.

The options market is currently implying a move of around $1.93 or 3.60% in CSRE by this Friday’s close giving us targets of $56.03 and $52.19.

Vera Bradley Inc. (VRA) Scheduled to Release Earnings before the Bell Tomorrow

[shareaholic app="share_buttons" id="24556347"]

Vera Bradley Inc. (VRA) is a designer, producer, marketer, and retailer of functional accessories for women. The stock is currently trading around $13.87 at the middle of its 52 week range of $13.15-$27.17. The stock has been underperforming the market this year falling by 31.84% year to date. VRA is scheduled to report earnings before the bell tomorrow morning, and the stock is higher on the session by around $0.64 or 4.83% ahead of the close.

Over the past 12 quarters VRA has rallied on earnings day 3 times with an average move of 7.65%. VRA appears bearish on a chart going into the release having traded under the Ichimoku Cloud for a few months. Over the past 12 quarters VRA has rallied from earnings to the nearest options expiration 5 times with an average move of 6.46%. The stock looks as if it could continue its trend of trading lower especially in today’s session. The Ichimoku Cloud has grown to a large size indicating a strong bearish trend that will be hard to reverse. Investors are mainly looking to see the strong currency head wings will affect sales and in turn affect Earnings per Share. Vera Bradley Inc. is expected to report a decline in earnings that has been the common trend with the company.

The options market is currently implying a move of around $1.35 or 9.70% in VRA by this Friday’s close giving us targets of $12.51 and $15.20.

Dollar General Corp. (DG) Releases Earnings Tomorrow before the Bell

[shareaholic app="share_buttons" id="24556347"]

Dollar General’s Corp. (DG) is a prominent discounted retailer focusing on serving low-middle and fixed income consumers. The stock is currently trading around $72.47 at the upper end of its 52 week range of $53.00-$76.99. The stock has been performing in line with the market this year rallying 2.69% year to date. DG is scheduled to report earnings before the bell tomorrow, and the stock is lower on the session by around $0.12 or 0.17% ahead of the close.

Over the past 12 quarters DG has rallied on earnings day 7 times with an average move of 3.68%. DG appears bearish on a chart going into the release having traded under the Ichimoku Cloud for a few days. Over the past 12 quarters DG has rallied from earnings to the nearest options expiration 9 times with an average move of 4.75%. The stock looks as if it could continue its trend and lower in today’s session. The cloud appears to be consistently changing its trend. Investors are mainly looking to see how gas prices will affect the disposable income of the low-income consumers. Other points to watch for are how they fair against the discounted retailer giant, Walmart, who increased their minimum wage which is expected to decrease profit margin.

The options market is currently implying a move of around $2.9 or 4.00% in DG by this Friday’s close giving us targets of $69.57 and $75.37.

Medtronic Inc. (MDT) Earnings Preview

[shareaholic app="share_buttons" id="24556347"]

Medtronic Inc. (MDT) is a medical technology, service and solutions company offering products to hospitals, physicians, clinicians, and patients in over 160 countries. The stock is currently trading around $76.44 at the upper end of its 52 week range of $58.32-$79.50. The stock has been outperforming the market this year rallying 6.16% year to date. MDT is scheduled to report earnings before the bell tomorrow, and the stock is higher on the session today ahead of the release by around $0.12 or 0.16% ahead of the closing.

Over the past 12 quarters MDT has rallied on earnings day 5 times with an average move of 2.58%. MDT appears bearish on a chart going into the release. Over the past 12 quarters MDT has rallied from earnings to the nearest options expiration 8 times with an average move of 2.33%. The cloud appears to be consistently changing its trend. Investors are mainly looking to see how the formation of a new groups within MDT targeting various illnesses being spread across Asia Pacific, the Americas, Europe, the Middle East, Africa, and China perform this quarter. Another point to watch for is how the strong USD will affect sales.

The options market is currently implying a move of around $2.00 or 2.62% in MDT by this Friday’s close giving us targets of $74.44 and $78.44.

Next Week’s (Week of June 1st) Market Preview

[shareaholic app="share_buttons" id="24556347"]

The first week of June will kick off on Monday with Personal Income and Outlays for April followed by a report of the Purchasing Managers’ Manufacturing Index (PMIs) which provides insight into a select number of companies in the private sector of the economy. Following this release is the ISM manufacturing composite index presenting the general direction of production, new orders, order backlogs, their own inventories, customer inventories, employment, supplier deliveries, exports, imports, and prices. The last report to listen to on Monday is the Construction Spending on residential, non-residential, and public projects. Trends in the construction data most likely carry valuable clues for the stocks of home builders and large-scale construction contractors.

On Tuesday, only one report will be released. The major event to look for is Factory Orders for both durable and non-durable goods. This report most likely correlates with economic growth because that translates to higher corporate profits.

Wednesday has a few more releases to watch out for such as the ADP Employment Report which represents 400,000 U.S. business clients and approximately 23 million U.S. employees working in all private industrial sectors. Next is the International Trade release which breaks down the export, import and trade balances. Many traders will most likely be watching this to see how the strong USD has affected international trade. Three more releases later on Wednesday include the ISM Non-Mfg Index representing more than 375 firms from various sectors across the U.S. The next release will be the Energy Information Administration (EIA) Petroleum Status Report indicating weekly information on petroleum inventories in the U.S. whether extracted here or abroad. Last to be reported will be the Beige Book which is utilized in the Federal Open Market Committee monetary policy meetings and is a compiled list of economic data from the 12 Federal Reserve Districts.

Thursday has only a few reports to be released at the opening bell. First will be the Jobless Claims numbers enlightening the public on unemployment claims over the past week. Following this report is the Productivity and Costs Report which measures the growth of labor efficiency in producing economy’s goods and services which is most likely used as an indicator of future inflationary trends.

The last day of the trading week, Friday, will be releasing one report, but a very detailed one. The Employment Situation will be released and closely watched especially for wage growth, a key metric the Fed has been citing recently.

Key Earnings Reports Next Week

  • After the Bell on Tuesday | Dollar General Corportation (DG)
  • Before the Open on Wednesday | Vera Bradley, Inc. (VRA)
  • After the Bell on Wednesday | Five Below, Inc. (FIVE)
  • Before the Bell on Thursday | J.M. Smucker Co. (SJM)
  • After the Bell on Thursday | Zumiez Inc. (ZUMZ)