The Q1 earnings reports season continues and there are 11 companies to highlight this week! 👀 Let's take a brief look at each of them.
10 May, Tuesday
- BAYER AG BAYGn.DE – According to recent reports, Bayer AG and Ginkgo Bioworks Holdings Inc. would collaborate to create ecologically friendly nitrogen fertilizers and weedkillers. They'll do it by working together to advance the use of microorganisms in agriculture.
- Warner Music WMG.OQ – Warner Music has recently announced a partnership with Proof of Attendance Protocol to generate digital souvenir NFTs for fans who attend music events, beginning with an event for Atlantic Records rapper Kevin Gates.
- Coinbase Global COIN.OQ – Coinbase Global Inc. (COIN), a cryptocurrency exchange, will continue to suffer headwinds when it reports first-quarter profits after the market closes on Tuesday. According to FactSet, the consensus analyst forecast for Coinbase's first quarter is $1.5 billion in revenue and a one-cent loss per share in adjusted earnings.
11 May, Wednesday
- Continental AG CONG.DE – Continental AG, a German auto parts supplier, said last week that it has temporarily resumed passenger vehicle tire production at its Kaluga facility in Russia to protect local workers who would otherwise face criminal prosecution.
- Walt Disney DIS.N – The Walt Disney Company (DIS) fired its senior communications and government relations officer last week after only four months on the job. In December, Geoff Morrell was named the company's chief corporate affairs officer. During Morrell's tenure, Disney has made news for a bitter dispute between the entertainment behemoth and Florida legislators.
- Bumble BMBL.OQ – After the market closes on Wednesday, May 11th, Bumble will announce its earnings report. Bumble is expected to earn $0.01 per share this quarter, according to analysts. Bumble's EPS guidance for Q1 2022 and FY 2022 has been set at EPS.
- Beyond Meat BYND.OQ – In recent months, investors have had ample cause to be gloomy about Beyond Meat's shares. In each of its last two quarterly reports, the company saw shockingly dismal sales patterns, implying more than just a slight growth hangover compared to booming demand for plant-based meat products earlier in the pandemic.
12 May, Thursday
- Siemens AG SIEGn.DE – Siemens Energy, along with a 67 percent ownership investment in Siemens Gamesa, went public on the Frankfurt exchange in September 2020 as a spin-off of Siemens AG's gas and power sector. Siemens Energy provides services across the whole energy value chain, from traditional generation to renewables and transmission.
- Motorola MSI.N – Motorola is expected to make $1.58 per share (EPS) this quarter, according to Zacks Investment Research. Motorola Solutions' results have been predicted by five analysts. The EPS estimate ranges from $1.55 to $1.61.
13 May, Friday
- Freenet AG FNTGn.DE – The Supervisory Board of Freenet AG chose Supervisory Board member Marc Tüngler as its new Chairman following the Annual General Meeting on May 5, 2022. Prof. Dr. Helmut Thoma, who has been a member of Freenet's Supervisory Board since 2012, will be replaced by Marc Tüngler.
- Deutsche Telekom AG DTEGn.DE – The fourteen research firms that are presently monitoring Deutsche Telekom AG have given the stock a consensus rating of "Buy," according to Marketbeat.com. The stock gets a buy rating from one investment analyst. The average one-year price target among analysts that updated their coverage on the stock in the previous year is €23.86 ($25.66).
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