The stock is approximately 4% above a 109.94 buy point from a second-stage consolidation.
Understand that buying just before a stock reports can be risky, since an EPS or sales miss could send it sharply lower. You can reduce your exposure by waiting to see how the company reports and how the market reacts. Another way to minimize the risk of a post-earnings sell-off is to use an options strategy.
Taking a look at top and bottom line numbers, the company has posted rising EPS growth over the last five quarters. Top line growth has also increased over the same time frame.
Consensus analyst estimates call for earnings-per-share growth of 64% for the quarter, and 69% growth for the full year. Annual growth estimates were recently revised upward.
Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.
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