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.

Intel (INTC)

Information Technology - Semiconductors | Reports October 26, after the close.

The Estimize consensus calls for EPS of $0.82, two cents higher than the Wall Street consensus and an increase of 2% YoY. Currently, the Estimize community is looking for sales of $15.8B, also higher than Wall Street’s $15.7B.  

What to watch:

After gross margins increased YoY by 5 percentage points in  Q2 (to 61.5%), analysts on Estimize now expect Q3 to take a dip from the year-ago quarter, to 62% from 63.3%. Bright spots include improving PC shipments, despite the fact that worldwide PC shipments declined 3.6% in Q3 according to Gartner, although the decreases have been slowing each quarter of this year. Intel’s re-entry into the memory space could pay off as well. The semiconductor is investing in their NAND flash business during a time when high demand and a shortage of inventory have been benefitting memory companies. The stock is up 11% YTD.

Others reporting in this industry this week: AMD, TXN, NXPI

Amazon (AMZN)

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

The Estimize consensus calls for EPS of $0.15, 17 cents above the Wall Street consensus, with revenues in-line at $42B.

What to watch:

All eyes will be on Amazon this week as they release their first report that could show how the integration of Whole Foods is going. The third quarter also included the company’s third annual Prime Day, which was the biggest shopping day ever for Amazon and garnered more Prime member sign-ups than any other day in history. Aside from their retail operations, Amazon Web Services will also be in the spotlight, with the Estimize community expecting YoY growth in AWS revenues to have increased 38%. Consolidated Segment Operating Income (CSOI) is also expected to come in strong at $1.57B, suggesting growth of 13% for Q3.

Exxon (XOM)

Energy - Oil, Gas & Consumable Fuels | Reports October 27, before the open.

The Estimize consensus calls for EPS of $0.87, in-line with Wall Street. Currently, the Estimize community is looking for sales of $63.95B, lower than also higher than Wall Street’s $63.97B.  

What to watch:

Improving Brent Crude and WTI prices over the last year have helped the world’s largest oil & gas company return to profit growth for the last 3 quarters. This quarter is still expected to show growth of 38%, an impressive although slowing number.  While the third quarter got off to a rough start, prices began to recover by August and have been going strong ever since, boding well for fourth quarter results. Investor’s will also be looking for comments on how tax reform, which seems nearer with the recent passing of the budget, would benefit the energy giant.

Others reporting in this space this week: HES, CVX, COP