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Aug. 30, 2021, 9:38 a.m. EDT

This Week’s Earnings Repertoire

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Aug 30, 2021 (IAM Newswire via COMTEX) -- On Friday, all three major averages ended near all-time highs. The S&P 500 rose 0.9% whereas the Dow Jones Industrial Average rose 0.7% as it was powered by Salesforce.com Inc /zigman2/quotes/200515854/composite CRM +0.57% , Apple /zigman2/quotes/202934861/composite AAPL +0.75% and Microsoft /zigman2/quotes/207732364/composite MSFT +0.48% . The business landscape is shaped by supply chain bottlenecks and increased demand as the economy recovers, bringing inflation at 13-year highs. This week, Zoom Video Communications /zigman2/quotes/211319643/composite ZM -0.26% , CrowdStrike Holdings and DocuSign /zigman2/quotes/205992027/composite DOCU -0.27% are among few companies reporting earnings.

Zoom

On Monday after close, Zoom is expected to report earnings of $1.16 per share on revenue of $990.96 million. Although shares have underperformed the S&P 500 over the past six months, falling almost 10%, compared to 17% rise of the index, they rose as much as 47% since May, as if investors and analyst are unsure how to evaluate the company's post-pandemic outlook. However, this pandemic winner has been actively diversifying its revenue by entering the contact center space as well as launching an Events platform for virtual and hybrid events which enables event organizers to earn from ticketed live events. But Zoom needs to deliver a beat-and strong guidance to prove it can deliver.

CrowdStrike

On Tuesday after close, CrowdStrike is expected to report earnings of 9 cents per share on revenue of $323.16 million. When it comes and cybersecurity specialists, CrowdStrike has been one of the winners with its stock has surging nearly 20% in the past week. Without question, cybersecurity is the industry to be in as hacker sophistication is rising, increasing the need for companies to defend themselves as they develop their digital presence. The direct result of these attacks is a public embarrassment associated with breaches and payment demands, and companies cannot afford to lose the trust of their customers. The market is worth $200 billion but it is projected to grow to approximately a 10% compound annual growth rate within the decade. CrowdStrike needs to demonstrate its ability to stand out in a crowded industry.

Broadcom

On Thursday after the close, Broadcom Inc /zigman2/quotes/200646538/composite AVGO +1.14% is expected to report earnings of $6.88 per share on revenue of $6.76 billion. Although the company isn't getting the same level of attention such as Nvidia Corporation /zigman2/quotes/200467500/composite NVDA +0.53% or Advanced Micro Devices /zigman2/quotes/208144392/composite AMD +0.12% , but it has proven to benefit from growth trends in semiconductor market as these chips power everything that 'matters' these days, from smartphones to cloud, data-centers and both residential and office networking equipment. Moreover, its timely acquisitions enabled it to fortify its position, expand its operating margins as it shifted its revenue mix towards infrastructure software. It is focusing on datacenter growth which accounts for 35% of total revenue, but its strong portfolio of services help insulate the company from any adverse impact of a potential slowdown on the semiconductor front.

But it needs an upward semiconductor revenue guidance and strong datacenter results to maintain the excitement.

DocuSign

After the close on Thursday, DocuSign /zigman2/quotes/205992027/composite DOCU -0.27% is expected to report revenue of $487.50 million with a bottom line of 40 cents per share. Its shares have strongly rebounded over the past six months as they rose more than 30%, almost double the S&P's 16% gain. Digitizing the agreement process ended up being one of the best abilities to have during a global pandemic that prohibited physical contact, but the company's growth is not showing any signs of slowing down as management is guiding for 40% YoY growth in the current fiscal year. Moreover, it is diversifying the revenue model with contract lifecycle management platform. Executives claim that the total addressable market is near $50 billion, which highlights how under-penetrated the market is. But, to assure investors, it needs to outline its path towards profitability on Thursday.

As earnings season slowly comes to a close, there are tons of more reasons for optimism given the rate of both top- and bottom-line estimate beats across many sectors, as well as the upward guidance a lot of companies delivered.

This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full . IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: Contributors – IAM Newswire accepts pitches. If you'r

The post This Week’s Earnings Repertoire appeared first on IAM Newswire .

COMTEX_392434523/2618/2021-08-30T09:38:20

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/zigman2/quotes/200515854/composite
US : U.S.: NYSE
$ 291.66
+1.64 +0.57%
Volume: 5.12M
Oct. 15, 2021 4:00p
P/E Ratio
116.77
Dividend Yield
N/A
Market Cap
$283.93 billion
Rev. per Employee
$375,437
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/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 144.84
+1.08 +0.75%
Volume: 67.94M
Oct. 15, 2021 4:00p
P/E Ratio
28.37
Dividend Yield
0.61%
Market Cap
$2376.38 billion
Rev. per Employee
$1.86M
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 304.21
+1.46 +0.48%
Volume: 25.38M
Oct. 15, 2021 4:00p
P/E Ratio
37.77
Dividend Yield
0.82%
Market Cap
$2273.02 billion
Rev. per Employee
$928,663
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/zigman2/quotes/211319643/composite
US : U.S.: Nasdaq
$ 266.32
-0.69 -0.26%
Volume: 2.80M
Oct. 15, 2021 4:00p
P/E Ratio
80.46
Dividend Yield
N/A
Market Cap
$79.34 billion
Rev. per Employee
$599,586
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/zigman2/quotes/205992027/composite
US : U.S.: Nasdaq
$ 260.47
-0.70 -0.27%
Volume: 1.22M
Oct. 15, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$51.38 billion
Rev. per Employee
$258,090
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/zigman2/quotes/200646538/composite
US : U.S.: Nasdaq
$ 503.25
+5.65 +1.14%
Volume: 2.51M
Oct. 15, 2021 4:00p
P/E Ratio
37.32
Dividend Yield
2.86%
Market Cap
$204.82 billion
Rev. per Employee
$1.14M
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/zigman2/quotes/200467500/composite
US : U.S.: Nasdaq
$ 218.62
+1.16 +0.53%
Volume: 22.70M
Oct. 15, 2021 4:00p
P/E Ratio
78.04
Dividend Yield
0.07%
Market Cap
$543.65 billion
Rev. per Employee
$878,788
loading...
/zigman2/quotes/208144392/composite
US : U.S.: Nasdaq
$ 112.12
+0.13 +0.12%
Volume: 34.20M
Oct. 15, 2021 4:00p
P/E Ratio
40.03
Dividend Yield
N/A
Market Cap
$135.84 billion
Rev. per Employee
$774,841
loading...
/zigman2/quotes/205992027/composite
US : U.S.: Nasdaq
$ 260.47
-0.70 -0.27%
Volume: 1.22M
Oct. 15, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$51.38 billion
Rev. per Employee
$258,090
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