Monday, May 9, 2022

Health Company Beats Earnings Estimate

Trade of the Day Wake-Up Watchlist

Healthpeak generated revenues of $498.4 million, outpacing the Zacks Consensus Estimate of $489 million.

Good morning Wake-Up Watchlisters! While you're sipping that first cup of red eye coffee you'll see the stock futures fell early Monday as investors absorb the shock of a wild week of trading. Last week, the Dow had its best day since 2020 on Wednesday, but then lost all those gains and a lot more on Thursday.

Despite the volatile week, there are still buying opportunities to be had. In fact, there's an upcoming announcement on a key stock we've been pounding the table on for months. We're calling it 'The Last Great Value Stock' and right now its trading for under $2. But this coming Wednesday, there's a catalyst that could send it soaring. You won't want to miss this one. Click here to unlock this stock.

 

Here's a look at the top-moving stocks this morning.

Healthpeak Properties, Inc. (NYSE: PEAK)

Healthpeak Properties is up 5.35% premarket after reporting first-quarter 2022 funds as adjusted per share of 43 cents, surpassing the Zacks Consensus Estimate of 42 cents. The reported figure was up 7.5% from the year-ago quarter's 40 cents. The company also generated revenues of $498.4 million, outpacing the Zacks Consensus Estimate of $489 million. Keep an eye on Healthpeak going forward.

 

H&R Block (NYSE: HRB)

H&R Block is up 2.96% premarket ahead of its third-quarter fiscal 2022 earnings report. The Zacks Consensus Estimate is pegging revenues at $1.93 billion, indicating a sequential increase of more than 100%. H&R Block is also expected to benefit across multiple areas of its business, with Wave and Emerald Card also performing strongly. H&R Block is a stock to watch.

 

Five Below (Nasdaq: FIVE)

Five Below is up 2.35% premarket as the retail company recently announced a new loyalty program it expects to implement by 2025. The company also plans to have 3,500 by 2030, roughly triple the current count. This retail stock is also up 230% over the last five years, and if they can install a rewards program, there's good chance they can increase revenue even more. Five Below is looking strong.

 

AES Corporation (NYSE: AES)

AES Corporation is down 7.59% premarket after the company reported adjusted earnings of 21 cents per share, missing the Zacks Consensus Estimate of 23 cents by 8.7%. The downside can be attributed to the impact of realized gains on de-designated interest rate swaps and lower contribution from the Mexico, Central American and the Caribeean Strategic Business Unit. AES is looking volatile going forward.

 

Head Trading Fundamental Tactician Shows How Inflation Can Actually Be Good For You

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Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

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