FARFETCH LTD (FTCH)
EARNINGS RELEASE - AUGUST 13 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.35/share REV: 326.9/M
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NEXT QTR: EPS: -.35/share REV: 321.3/M
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FULL YR: EPS: 1.18/share REV: 1,420/M
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LAST QTR: EPS: -.33/share ACTUAL: -.24/share (BEAT)
BEAT/MISS RECORD: 100% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -14.78, 22.6, 37.03
EXPECTED JUMP MOVE THIS QUARTER: 15+%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
Tollymore Investment Partners, a private investment partnership firm that invests in small quantities of publicly listed companies, published its third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 39.5% was recorded by the fund for the 1st 9 months of 2020, way above its MSCI ACWI benchmark that […]
Shares of Farfetch (NYSE: FTCH) rose 16.8% in December, according to data provided by S&P Global Market Intelligence, on a rally that really began in November, after it was reported that Alibaba Group Holding (NYSE: BABA) was considering investing $300 million in the online luxury platform. It was subsequently confirmed the Chinese e-commerce giant would be investing in Farfetch, but would be doing so with luxury goods company Richemont (OTC: CFRUY), and that the total amount would actually be over $1.1 billion. The three companies will form a joint venture called Farfetch China.
Days after Wish parent ContextLogic Inc. began trading, Poshmark Inc., an online marketplace that sells clothing, accessories, beauty products and items for the home, has filed to go public.
Alibaba has named J. Michael Evans to the board of directors.
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
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Avg Daily Volume: 4,511,729 Market Cap: 6.66B
Sector: None Short Interest: 17.49
Ticker delayed 20 minutes
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