Trending Stocks Earnings Recap: Turtle Beach, Etsy, & Twilio | Free Lunch

I thank you because ur visit in the my website with title Trending Stocks Earnings Recap: Turtle Beach, Etsy, & Twilio | Free Lunch. Happy reading

On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney and Zacks’ resident momentum guru, Dave Bartosiak, recap Monday afternoon’s top earnings reports from the likes of Turtle Beach HEAR, Etsy ETSY, and Twilio TWLO. Later, the pair field audience questions on momentum trends, upcoming reports, and more.

Want more video content from Zacks? Subscribe to Zacks Investment News now!

Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.

Three trendy stocks posted their latest quarterly financial results on Monday afternoon, and Ryan and Dave were determined to make sure that viewers were filled in on all the key storylines.

Turtle Beach posted revenue growth of 218%, with earnings of $0.42 per share crushing estimates which seemed incapable of keeping up with the gaming headset maker’s recent boom—a trend inspired by the shocking popularity of games like Fortnite and Player Unknown’s Battlegrounds.

Another major reporter was internet growth play Etsy. This social-media-marketplace hybrid missed bottom-line estimates by a penny, but investors were much more interested in its revenue growth and improved guidance. But what’s causing the company’s own improved outlook? Ryan and Dave explain.

Finally, the pair touch on Twilio, a cloud communications platform which allows developers to make programmatic phone calls and texts. Twilio provides a useful, innovative service, and that product is becoming a booming business for the company. Adjusted earnings came in at a surprise profit, and the stock is soaring on Tuesday.

Ryan and Dave discuss all of these earnings reports, digging into the full results, share price reactions, and more. Later, they field questions from audience, including one asking to preview Disney’s DIS earnings report. Make sure to check out the show to hear more!

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

 

The Walt Disney Company (DIS) : Free Stock Analysis Report

 

Etsy, Inc. (ETSY) : Free Stock Analysis Report

 

Twilio Inc. (TWLO) : Free Stock Analysis Report

 

Turtle Beach Corporation (HEAR) : Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research

Source : https://finance.yahoo.com/news/trending-stocks-earnings-recap-turtle-175205774.html

Thanks you for read my article Trending Stocks Earnings Recap: Turtle Beach, Etsy, & Twilio | Free Lunch
Trending Stocks Earnings Recap: Turtle Beach, Etsy, & Twilio | Free Lunch
Dow Jones Futures: Etsy Breaks Out, Leading 6 Top Stocks Moving Late On Earnings
4 Steel and Mining Stocks to Buy That Should Benefit From US Infrastructure Plan
America’s Most Expensive Steakhouses
Second Half Outlook: What Now After Strong Double-Digit Gains?
General Electric Company Earnings Show That GE Has Some Fight Left in It
Turtle Beach's (HEAR) CEO Juergen Stark on Q2 2015 Results - Earnings Call Transcript
Macy’s Inc Breaks the Cycle, Firms Up Turnaround Effort
11 Must-Read Books for Beginning Traders