Friday, August 27, 2021
By Jimmy

Ignore earnings reports, and just buy and sell as you normally do. In the long run, this is likely to produce your best results, as good companies in good market environments will, more often than not, react well to their earnings. However, this method will also produce plenty of swings in your account—big drops will be painful, while big gaps up will be terrific. You have to be mentally prepared to see your account drop a few percent within a week or two (regardless of what the market does) because a stock or two was crushed on earnings....

Stocks eye mixed start as China tempers U.S. boost: markets wrap
Stocks are set for a mixed start Monday as traders weigh a U.S. rally spurred by corporate earnings, China’s technology-sector regulation and an upcoming Federal Reserve meeting. The dollar was steady.
U.S. stocks closed Friday at a record and the S&P 500 has almost doubled from the depths of the pandemic. About 87% of the S&P 500 firms reporting results so far this season have beaten estimates. U.S. equity contracts fluctuated.
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Tesla(TSLA) Q2 2021 earnings conference call is scheduled at 5:30 pm ET on July 26 and 5:30 am SGT on July 27. The report will be for the fiscal Quarter ending Jun 2021. You can listen to the live earnings call by subscribing to it.
Earnings Preview
According to Zacks Investment Research, this electric car maker is expected to post quarterly earnings of $0.90 per share in its upcoming report, which represents a year-over-year change of +104.6%. Revenues are expected to be $11.39 billion, up 88.7% from the year-ago quarter.
For Tesla, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +5.85%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Tesla will most likely beat the consensus EPS estimate.
Are you bullish on Tesla? Leave your answer in the comment.
Disclaimer: The live video is made available for informational purposes only. Before investing, please consult a licensed professional.