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What's in Store for FANG Stocks This Earnings Season?

As the first quarter earnings season begins, all eyes will be glued to Wall Street and the daily beats and misses of huge corporations. Estimates have fallen over the past three months for Q1 thanks to a pessimistic and bearish mood; total earnings for the quarter are projected to drop –10.3%, with revenues decreasing by -2.0%.

But what about the FANG stocks? Tech giants Facebook, Amazon, Netflix, and Google, now known as Alphabet, are always highly-anticipated during each earnings season. Let’s take a look at how the first quarter of these four major tech stocks might turn out.

Social media site Facebook Inc. FB is set to report Q1 earnings after market close on April 27. For Q4, Facebook beat both earnings and revenue estimates, and saw a 21% increase in monthly active users (MAUs) on a year-over-year basis. The company has an Earnings ESP of -2.27% and a Zacks Rank #2 (Buy). The Zacks Consensus Estimates for earnings and revenue sit at $0.44 per share and $5.239 billion, respectively.

Amazon.com Inc. AMZN, the ubiquitous e-commerce company, will report its Q1 earnings after market close on April 28. Last quarter, Amazon’s weaker than expected cloud business growth, in addition to rising fulfillment center costs, took quite a toll on its results, with the company missing both earnings and revenue estimates. It currently has an Earnings ESP of 0.00% and a Zacks Rank #3 (Hold). For Amazon, the Zacks Consensus Estimate has earnings at $0.60 per share and revenue at $27.907 billion.

Popular video streaming service Netflix Inc. NFLX will report its Q1 earnings on April 18 after the bell. For Q4, Netflix outperformed earnings estimates thanks to international subscriber growth, with revenues falling roughly in line with expectations. The company has an Earnings ESP of -100% and a Zacks rank #3 (Hold). The Zacks Consensus Estimate for Netflix’s earnings and revenues are $0.03 per share and $1.966 billion, respectively.

Alphabet Inc. GOOGL, the company formerly known as Google, is set to post Q1 earnings results on after the bell on April 21. Last quarter, Alphabet reported better than expected results, beating on the top and bottom lines. The tech company has an Earnings ESP of 0.00% and a Zacks Rank #2 (Buy). Alphabet currently has a Zacks Consensus Estimate of $6.37 per share for earnings and $16.499 billion for revenue.

Check out this graph of the FANG stocks in comparison to the S&P 500 index:

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AMAZON.COM INC (AMZN): Free Stock Analysis Report
 
NETFLIX INC (NFLX): Free Stock Analysis Report
 
FACEBOOK INC-A (FB): Free Stock Analysis Report
 
ALPHABET INC-A (GOOGL): Free Stock Analysis Report
 
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