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Tech Stock Earnings in Focus: Apple, Facebook, and Google

Eric Dutram
Updated

Three of the nation’s most important tech giants report this week, and they have taken very different paths to get here. Some have seen strong trading and are at the height of their powers, while others appear to be on shaky footing lately. Let’s take a quick look at Apple (AAPL), Facebook (FB), and Alphabet/Google (GOOGL) to get a better idea of how each might fare in their upcoming reports:

Apple is up first, and the company hasn’t exactly had a good stretch, as it appears to have fallen on hard times as of late. The company is currently a Zacks Rank #4 (sell) while its fundamentals earn it a grade of just ‘C’ as well. If that wasn’t enough, the most recent estimates for AAPL have been weaker, leading to a negative earnings ESP too. There just isn’t much to like about Apple heading into this report and especially coming off a rare earnings miss last quarter.

APPLE INC Price, Consensus and EPS Surprise

APPLE INC Price, Consensus and EPS Surprise | APPLE INC Quote

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Alphabet/Google is more of a mixed bag though, as the company continues to see strength in its main business, but is dragged down by cost worries from its ‘moonshot’ division. Ballooning expenses here threaten to drag down a good story for Google, and that is part of the reason the company currently has a Zacks Rank #4 (sell). Add in a spotty history in earnings season, and a positive Earnings ESP gives investors little solace heading into the report (also see How to Trade Alphabet Ahead of Earnings).

ALPHABET INC-A Price and EPS Surprise

ALPHABET INC-A Price and EPS Surprise | ALPHABET INC-A Quote

Arguably the best of the bunch has been Facebook, as the social networking giant continues to impress, and grow its business in multiple areas. The company currently has just average fundamentals though, as the stock has a Zacks Rank #3 (hold) and a fundamental score of ‘C’. But with FB focusing in on video and mobile, there hasn’t been much disappointment from the company in earnings lately, though estimates have definitely flat-lined in recent weeks (also see How to Trade Facebook Ahead of Earnings).

FACEBOOK INC-A Price, Consensus and EPS Surprise

FACEBOOK INC-A Price, Consensus and EPS Surprise | FACEBOOK INC-A Quote

All three of these stocks look to move markets, so you’ll definitely want to prepare yourself for their reports. If you want more insights on these companies, make sure to watch our short video which dives into the charts and some more fundamentals for each company. And if you’d like additional information on how to trade earnings reports, make sure to check out our podcast below:

Author is long AAPL and FB.


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APPLE INC (AAPL): Free Stock Analysis Report
 
FACEBOOK INC-A (FB): Free Stock Analysis Report
 
ALPHABET INC-A (GOOGL): Free Stock Analysis Report
 
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