Oct
25
We’re up to our ears in earnings reports, with a lot more coming next week. Throughout this earnings season, so far, the common themes seem to be:
- The S&P 500 companies will double expectations for 3.8% growth, but that’s still a slowish growth rate of 7% to 8%.
- Technology is growing faster, meeting or beating expectations, and guiding at or above the consensus for the December quarter.
- Even so, tech stocks are subject to downturns if there is anything to point at (i.e.: Amazon margins, Harmonic stock filing, Intel — well, nothing, but they clipped it anyway).
- All this is happening or causing a jittery market, yet my 1497 line in the sand has held up for the S&P 500, and there are some very positive attributes of the recent pattern.
Since we are in the heart of earnings season, in addition to covering all of our stocks that announced earnings this week in today’s Radar Report, I’ll continue on the same path of the past two weeks — giving you my outlook on next week’s reporting companies compared with the consensus. Including firm and projected dates, here is the list of our companies that are reporting next week:
| Week of October 29 | |
| 10/29 | Geron (projected) |
| 10/30 | Rochester Medical (projected) |
| SiRF Technologies | |
| ViroPharma (new date confirmed) | |
| 10/31 | Alvarion |
| American Science & Engineering (projected) | |
| eResearch (projected) | |
| 11/1 | Gasco Energy (conference call 11/02) |
| Millennium Pharmaceuticals (new date confirmed) | |
| Silicon Image | |