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Will Google Beat Walt Disney?
Alphabet Inc. (NYSE: GOOGL) and Walt Disney (NYSE: DIS), 2 of the world’s most powerful companies in the S&P 500 index, are planning to announce their earnings reports this Monday and Tuesday, February 3rd & 4th, 2020, respectively. Do you think they will beat, meet or miss analysts’ estimates?
GOOGLE
Like many of the biggest tech stocks, Alphabet shot out the gate in 2020, with shares jumping more than 10% vs. the S&P 500’s 3.1% return. With a revenue of $46.93 billion and a +19.5% change vs. last year’s figures, the overall direction seems positive.
WALT DISNEY
Although shares of Disney are up over 20% since the company announced its Disney+ services last April, the Corona Virus might still stop the general positive trend. With a consensus EPS forecast of $1.46 and a revenue estimate of $20.88 billion, the direction seems positive
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