As its ticker symbol implies, Salesforce.com (CRM) provides cloud solutions for customer relationship management needs. CRM reported earnings in late August that blew away expectations on both the top and bottom lines. The report was met by the usual round of target price increases that reached as high as $340 (CRM closed at $260 on […]
Terry's Tips Stock Options Trading Blog
Going Once, Going Twice … Sold on CPRT
September 13th, 2021
Going Once, Going Twice … Sold on CPRT Copart (CPRT) provides online auction and vehicle remarketing services in the U.S. and several other countries. On Wednesday, the company reported Q4 earnings that easily beat on the top and bottom lines. Used car prices are soaring and CPRT is positioned perfectly to leverage the market. Analysts […]
Get INTU This Trade
August 31st, 2021
Software developer (QuickBooks, TurboTax) Intuit (INTU) reported earnings on Aug. 24 that handily beat estimates on all fronts. Earnings came in at $1.97 per share, topping the analyst forecast by 24%, while quarterly revenue of $2.56 billion beat the estimate by 10%. The company also raised its quarterly and annual revenue and earnings guidance above […]
The Sea is Rising
August 24th, 2021
Sea Limited (SE) is a digital entertainment company based in Singapore. SE reported earnings on Tuesday that showed a wider loss than expected but exceeded revenue estimates. In addition, the company raised its FY21 sales guidance. Wall Street clearly overlooked the profit miss, as several analysts raised their price targets to the $330-350 range (SE […]
Don’t DIS This Trade
August 15th, 2021
Walt Disney (DIS) reported solid earnings results after the bell on Thursday that beat analyst expectations on the top and bottom lines. Perhaps as important, subscriber growth to the Disney+ streaming service also beat estimates. And revenue from the company’s parks swung to a profit. Analysts greeted the news with ratings reiterations mixed with a […]
Book a Marriott (MAR) Trade
August 8th, 2021
Marriott (MAR) had mixed earnings results this week, beating on profits but missing on revenue. Given that the company is at the forefront of COVID-affected stocks, year-over-year comparisons are meaningless. But the company noted that leisure travel was picking up, though some bookings are being affected by the Delta variant spread. MAR also noted that […]
Clean Up with Cintas (CTAS)
July 18th, 2021
Cintas (CTAS) may not be in an exciting business – the company provides uniforms, cleaning and restroom supplies, first aid supplies and fire extinguishers – but its recent earnings report was anything but boring. The company easily beat profit forecasts and slightly beat sales projections. Even the low end of the company’s projected EPS range […]
Micron Technology (MU) At Double-Barreled Support
July 11th, 2021
Flash memory and semiconductor producer Micron Technology (MU) reported Q3 earnings last week that easily topped Street estimates. Earnings hit $1.88 per share, more than double from a year earlier and 10% greater than the consensus analyst estimate. Revenues jumped 36% from the year before and beat the estimate by $160 million. Moreover, MU expects […]
Follow Terry's Tips on Twitter
Like Terry's Tips on Facebook
Watch Terry's Tips on YouTube