3rd Quarter Earnings Report by Twitter, Alphabet(Google) and Microsoft are tomorrow!

October 25, 2017

Q3 Earnings Continue: Google, Microsoft & Twitter.

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3rd Quarter Earnings Report by Twitter, Alphabet(Google) and Microsoft are tomorrow!

This article is originally referred from AvaTrade News

The leading companies of the global economy continue to publish their earnings reports for the 3rd quarter of 2017.

The markets worldwide are waiting with excitement, and keeping traders on their toes to find the next mega opportunity.

Read the following details to learn which companies will publish Q3 earnings, and which shares might experience market volatility.

We also included a tip at the end!

Twitter

Release Date: Thursday, October 26th
Release Time: Before market open
 Earnings Per Share Forecast:  $-0.03
 MT4 Symbol:  #TWITTER
 Q2 2017 EPS Forecast / Actual:  $-0.12 / $-0.02
 Q3 2016 EPS Forecast / Actual:  $-0.15 / $-0.10
Recent News: In an attempt to mend the decelerating user growth, Twitter recently shocked its users by raising the message character limit from 140 to 280 characters, changing the feature which made them unique.

Alphabet (Google)

Release Date: Thursday, October 26th
Release Time: After market close
 Earnings Per Share Forecast: $8.39
 MT4 Symbol: #GOOGLE
 Q2 2017 EPS Forecast / Actual: $4.39 / $5.01
 Q3 2016 EPS Forecast / Actual: $6.64 / $7.25
Recent News: The internet giant is continuing to be the most visited website in the world. The parent company Alphabet continues to expand with new investments such as self-driving cars and new products like Pixel 2 smartphones.

Microsoft

Release Date: Thursday, October 26th
Release Time: After market close
 Earnings Per Share Forecast: $0.73
 MT4 Symbol: #MICROSOFT
 Q2 2017 EPS Forecast / Actual: $0.71 / $0.98
 Q3 2016 EPS Forecast / Actual: $0.68 / $0.76
Recent News: The leading computer software producer is showing an exemplary adaptation process as they outperformed the cloud-technology industry with Azure division, and moved their world-renowned Windows OS to a “freemium” model with free system upgrades and updates.

How to trade Q3 Earnings Reports?

  • Company shares are usually affected from the news about the company in their respective industry. Economic policies, interest rates, and industry data can also affect the share prices.
  • Release Time – Before markets open: This means that the report will be published before the market opens. Interested traders can either open their positions the day before and see the action once the market is open, or choose to wait until the report is released and expect an opportunity after initial movement.
  • Release Time – After markets close: This means the report will be published after the market is closed. Interested traders can open their positions the same day and see the action tomorrow, or wait until tomorrow and expect an opportunity after initial movement.

Original Source: AvaTrade News

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