Dear Investor,
Earnings are beating expectations at a record pace, yet stocks are not following suit. According to data from Bloomberg, stocks beating expectations have underperformed the S&P by an average of 0.1% on the day earnings are released.
Why? It all comes down to expectations.
The earnings beats were already priced into most of the biggest names in the market. Plus, we know that Wall Street analysts understate their estimates to make it easier for the companies they have BUY ratings on to beat. So, beating estimates is no longer enough to drive stocks higher.
Want to learn what really drives stocks higher?
Today at 10:30 am EST, I’m hosting a special Live Earnings Watch to discuss the real profits and expectations for future profits for Hyatt (H), Warrior Met Coal (HCC), Deere (DE), DraftKings (DKNG), GoDaddy (GDDY), and Airbnb (ABNB).
Topics covered include:
- Hospitality throwdown: how do Hyatt and Airbnb compare?
- Bet the house? See what our model says about DraftKings’ profitability and the expectations for future profits baked into its current stock price.
- We first picked it at $36/share, but does HCC still offer quality risk/reward at above $50/share?
- Let's see what the future holds for DE - and assess what the market thinks the future cash flows will be.
This is your chance to see how New Constructs views earnings—not a salesman posing as an analyst.
[REGISTER HERE TO JOIN ME LIVE]
Bring your questions - I’ll take live Q&A throughout the entire watch party.
Diligence matters,
David Trainer, Founder & CEO
P.S. This watch party is free to attend. Don’t miss your chance to get the real story behind these earnings reports. Register here now.
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