This Week's Earnings Roadmap

Monday

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AMC Entertainment

On Friday, Cinemark's CEO Mark Zoradi showed its skepticism by saying that the cinematic experience is what drives strong ticket sales in the wake of the coronavirus pandemic and although popcorn is part of that experience, it can never be as big as the movie itself. After the close, AMC will report how it did popcorn-free during its third quarter, with projected revenue being $708 million with an EPS loss of 53 cents, according to CNBC's Jim Cramer.

TripAdvisor

Management has been speaking of a significant pent-up demand that will fuel the business, but investors are more focused on seeing the impact of the delta variant on traffic trends as well as management's continued progress in cutting costs. Efficient cost management is imperative as it should lay the groundwork for record profitability perhaps as early as next year, under the condition that the travel industry fully recovers over the following few quarters.

Tuesday

DoorDash

The strength of Uber Technologies (NASDAQ:UBER) food-delivery business in the third quarter may be a forerunner of strong results from DoorDash Inc (NYSE:DASH) whose delivery gains are expected to outlive the pandemic.

Wednesday

The Wendy's Company (NASDAQ:WEN) is expected to deliver results hopefully as good as McDonald's Corporation (NYSE:MCD) latest results.

News from Disney's kingdom

Thursday

Before the opening bell, Yeti Holdings Inc (NYSE:YET), a profitable company known for its insulated mugs and coolers, is slated to report its third-quarter earnings. They're more than a pandemic winner thanks to their premium pricing, product cost improvements, and growing direct-to-consumer (DTC) channel.

Friday

Warby Parker  (NYSE:WRBY) will be closing the week with its first quarterly results as a public company. Goldman Sachs is upbeat about the eyeglass retailer brick-and-mortar prospects.

Other events

The semiconductor company Nvidia Corporation (NASDAQ:NVDA) will host its annual GPU Technology Conference on Monday through Thursday with the market expecting to be dazzled.

All in all, it seems that strong results could help the market weather a historically tough storm caused by supply chain disruptions and global shortages.

The post This Week's Roadmap appeared first on IAM Newswire.

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