3 Stocks To Watch After The U.S. Close

Published 09/07/2016, 10:05 AM
Updated 07/09/2023, 06:31 AM

3 Stocks To Watch: Earnings Outlook

Tailored Brands (NYSE:TLRD): Quarterly results have been mixed recently due to the difficult consumer and retail environment. These conditions are steadily improving as witnessed by the resurgence started by Macy’s (NYSE:M) earlier this season. Tailored Brands could greatly benefit from a victory this quarter as shares are down 75% in the past 12 months. Its two flagship brands, Men’s Wearhouse and Jos A. Bank have delivered abysmal results despite frequent discounting. Last quarter Men’s Wearhouse delivered a comparable sales decline of 3.5% with Jos A. Bank dropping 16%. Given how poorly the company has performed its not surprising that the stock historically drops 2% immediately following an earnings report.

Guidewire Software (NYSE:GWRE): Guidewire has been a strong performer with both earnings and revenue steadily improving in recent quarters. The stock has followed this trend up with shares up 5% year to date and nearly 18% in the past 12 months. License revenue last quarter was up 38% thanks to growing adoption of its technology based P&C insurance platform. The acquisitions of EagleEye Analytics and FirstBest Systems should continue to tie modern software with complex risk analysis. Its biggest concern will be whether they can sustain the strong top and bottom line growth moving forward.

Hewlett Packard Enterprise (NYSE:HPE): HP is almost a year removed from a split that formed Hewlett Packard Enterprises. The move separated the struggling hardware business from the prosperous software services. In an effort to become even leaner, HPE split from its long-troubled services unit. What remains is a world leader in servers and data centers that competes with heavy hitters like Cisco Systems (NASDAQ:CSCO). HPE shares are up 33% since the spinoff with expectations of making additional gains following its report. The report should highlight how the company is progressing without the dead weight and whether or not they have found a bidder for its software unit.

Original post

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.