Photo Credit: Mr.TinDC

Monday, February 1

Tuesday, February 2

Wednesday, February 3

Alphabet Inc. (GOOGL)

Information Technology – Internet Software & Services | Reports February 1, after the close.

The Estimize consensus is right in-line with Wall Street on both the top and bottom-line on this name. EPS is expected to come in at $8.17, with revenues of $16.9B. Both of these numbers have gradually been revised upward since the Q3 report, by 5% and 2%, respectively.

What to Watch:  Late this past summer, the internet behemoth announced it was reorganizing under the name Alphabet Inc. Google will continue on as the company’s legacy business and include core properties such as search and advertising, while Alphabet contains moonshot investments such as self-driving cars, health care, Google-X and  smart homes, among other things. This will be the first quarter that investors get a peek into how both of those segments have performed going back two years. The reorganization and new cost cutting initiatives helped Alphabet shares increase 46% in 2015. With another favorable quarter, Alphabet is on the verge of eclipsing Apple as the most valuable company in terms of market capitalization. Alphabet’s focus on innovation and growing its already dominant search division has contributed to the recent string of robust growth. Thanks to strategic mobile initiatives, the introduction of YouTube Red, continued acquisitions and the aforementioned reorg, this should be a good quarter for GOOGL.

Michael Kors (KORS)

Consumer Discretionary – Specialty Retail | Reports February 2, before the open.

The Estimize community calls for EPS of $1.49, three cents above Wall Street and corporate guidance. Revenues of $1.37B are also above the Street’s $1.35B and guidance of $1.34B. Expectations began dropping after last quarter’s results were released.

What to Watch: It was a rough first half of 2015 for affordable luxury designer, Michael Kors, missing analyst estimates on either the top or bottom line in each quarter. However, things seem to be slowly moving in the right direction, with two consecutive quarters of beats briefly lifting the stock, which lost almost half of its value over the course of the year. The concern with KORS has long been that it was losing its cache. It has oversaturated the market with both high-end and lower-end accessories, diluting the overall brand. Add to that currency pressures from the strong US dollar, which are expected to detract as much as 6 cents from the FQ3 2016 report. The holiday shopping season, which all retailers heavily rely on, was one of the weakest since 2009, making it unlikely that retail sales from the period will be able to boost KORS. Despite the slew of bad news, Kors is plowing ahead, investing in new brick and mortar stores as well as their ecommerce platform. Encouragingly, we got good news from the premium accessories space last week when Coach reported better than expected results. We’ll see if Kors can continue that momentum.