We look at the community consensus for earnings results this week for five market-moving companies.

Chipotle Mexican Grill (CMG)

Consumer Discretionary – Hotels, Restaurants & Leisure | Reports October 24, after the close.

The Estimize consensus calls for EPS of $1.73, thirteen cents higher than the Wall Street consensus, with revenues nearly in-line at $1.15B.

What to watch:

Chipotle is recovering yet again from another norovirus outbreak last quarter. Despite that, same store sales came in at 17.8% and 8.1% for the first two quarters of the year, but the Estimize community believes that will slow to 3.7% for the third quarter. Other recent positives include the addition of “Smarter Pickup Times” in numerous locations around the U.S., which have helped reduce wait times by as much as 50%.  

Other restaurant names reporting this week: MCD, BWLD

Alphabet Inc. (GOOGL)

Information Technology – Internet Software & Services | Reports October 26, after the close.

The Estimize consensus calls for EPS of $8.63, 24 cents higher than the Wall Street consensus, with revenue expectations of $22.0B vs. the Street’s $21.9B. This suggests profit and revenue growth of -5% and 21% respectively. Historically, Alphabet Inc. has beaten Estimize EPS 52% of time and Wall Street EPS 70%.

What to watch:

Besides EPS and Revenues, the other important metrics to pay attention to when it comes to Google’s ad business is advertising revenues, which Estimize expects will grow 14% YoY in the third quarter, paid clicks which are estimated to be up by 3% and cost per click, anticipated to decline 36%. Investors will be looking for a read on the company’s growing cloud business as well, with that and “other” businesses growing 42% last quarter. “Other bets” which includes Alphabet’s moonshot investments such as autonomous cars and healthcare initiatives grew 34% last quarter and now make up 1% of total revenue.

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