Goldman Sachs (GS: $239)
Earnings Date: Wednesday, 4:00 PM ET
Consensus: 4Q16
Revenues: $7.7B
EPS: $4.82
Year Ago Quarter Results
Revenues: $7.2B
EPS: $1.27
Key Things to Watch For in the Quarter
Analysts throughout Wall Street estimate that Goldman Sachs will report a drastic increase in earnings per share by 280% to $4.82 along with a 7% increase in revenue to $7.7 billion in the fourth quarter of 2016. The election played a large part in the performance of bank stocks, which received positive response. With relaxed regulations on the horizon for the Financial sector, analysts expect to see gains from trading desks across Wall Street. We remain bullish on Goldman for their leadership, strategy, and their impeccable intelligence.
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Kinder Morgan (KMI: $22.50)
Earnings Date: Wednesday, 4:00 PM ET
Consensus: 4Q16
Revenues: $3.5B
EPS: $0.19
Year Ago Quarter Results
Revenues: $3.6B
EPS: $0.13
Key Things to Watch For in the Quarter
Wall Street analysts estimate earnings growth of 45% to $0.19 for Kinder Morgan in the fourth quarter with a decrease in revenues of 3% to $3.5 billion. The company’s forward P/E ratio (measure of price-to-earnings using forecasting earnings) of 31 is comparable to many of its competitors, and with Mr. Trump in office the outlook for the gas and oil pipeline industry is very bright. Kinder Morgan’s shares have nearly doubled over the course of the last year, after hitting the $11 level in January, supporting our bullishness even further.
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Netflix (NFLX: $133)
Earnings Date: Wednesday, 4:00 PM ET
Consensus: 4Q16
Revenues: $2.5B
EPS: $0.13
Year Ago Quarter Results
Revenues: $1.8B
EPS: $0.10
Key Things to Watch For in the Quarter
Analysts estimate a healthy fourth quarter for Netflix, with an estimated 30% increase in earnings per share and a 4% increase in revenues. The country’s growing economy and bull market have provided Netflix stockholders with significant gains over the past year, with shares climbing almost 25%. As a major leader in the streaming business, Netflix will continue to outperform its competitors and the market into the new year.