The article aims to provide forecasts for quarterly revenues of the Nasdaq 100 companies (except S&P 100 companies) for June 2016. The Nasdaq 100 Index includes the 100 largest and most actively traded U.S companies listed on the NASDAQ stock exchange.
It is assumed that there is a strong relationship between financial announcements and stock returns especially in case of revenue/earnings surprises. One can use forecasted trends and values to make proper investment/trading decisions prior to announcement dates.
The quarterly values in million US dollars over the period from March 2015 to March 2016 (Sharadar database) and forecasted period (author’s calculations) for June 2016 are presented in the table below. Some companies were excluded because of insufficient data.
Forecasts are projected with an Autoregressive Integrated Moving Average (ARIMA) model based on relevant quarterly data (March 2003 - March 2016). Companies are placed in alphabetical order. Forecasted values: increase in green; decrease in red.
The notable revenue increases are expected for Symantec Corp (NASDAQ:SYMC) (70.45%), eBay Inc (NASDAQ:EBAY) (62.33%) and Tractor Supply Co (NASDAQ:TSCO) (29.16%).
Sales of Intuit Inc (NASDAQ:INTU) (-75.09%), Automatic Data Processing Inc (NASDAQ:ADP) (-31.89%) and Incyte Corp (NASDAQ:INCY) (-19.01%) will likely drop in the second quarter.
Generally, the Nasdaq 100 companies show positive changes in their revenues. 
