Earnings week 4: Biggest score each day

August 5, 2024

The biggest earnings score each day this week

Let's look at the highest scores for each day of week 4:

Monday: [ticker reserved for PRO members] is +51

  • Web traffic is in a steady uptrend this summer
  • Q2 demand mentions rose 72% YoY
  • Globally recognized brands benefitting from travel spending
  • Transition to hybrid/EV vehicles lowering costs
  • Hertz report from last week may be foretelling

Tuesday: [ticker reserved for PRO members] is +68

  • Website visits are up more than 30% YoY
  • Demand mentions reached a 2-year high in Q2
  • Target partnership will expand Shopify's customer base
  • Exit from delivery & logistics space boosts margin, AI focus
  • Stock has pulled back following Bank of America upgrade

Wednesday: [ticker reserved for PRO members] is +72

  • Q2 demand mentions increased 76% YoY
  • Consumer happiness is up significantly from last year
  • Language learning app is expanding into math, music
  • Leaning on AI integration to boost learner engagement
  • Raised full-year guidance last time out

Thursday: [ticker reserved for PRO members] is +54

  • Streaming ad market showing signs of a rebound
  • Web traffic is up about 10% QoQ
  • Consumer happiness is trending significantly higher
  • Global ad spend is shifting to connected TV and programmatic
  • Google 'cookies' decision in limbo but ad money set to flow TTD's way

Good luck if you decide to play these!

The earnings sheet details the best strategy for playing each one.

If you're not a member of Earnings Season Pass, be sure to check it out. You will get the full sheet with every company reporting, their earnings score, and the best way to play it.

Want FULL Access?  Click Here for LikeFolio Pro

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