This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. For details on how we trade these events and to get trained as a StockJumpers pro trader – watch the video below.
Target: Zynga Inc. (ZNGA)
Earnings Release Date: 2/7/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
Zynga Inc. (ZNGA) will be posting its FQ4-17 quarterly earnings results today at close. [ZNGA] is expected to post earnings of $.02 per share on revenue of $214.4 Million. In the last quarter, the company reported $.02 earnings per share MATCHING the analysts’ consensus estimate of $.02. The stock is currently trading at 3.63/share.
Last 3 Quarters – “Jump Zone” Move: 11.44%, 6.42%, 13.73%
Consensus Estimates: ($.04 whisper) ($.02 estimize) ($ ($.02 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
OUR TRADE PLAN: SELL
ANALYSIS: market reaction to today’s news. We see them meeting on EPS but the forward may be soft on some of the metrics. We expected this one to pop and that may be the initial reaction to the release, but later it drops. The last 3 quarters have been all positive on the jump moves within 24 hours of release, but this quarter may be different.negative
We are SHORT for today’s event. Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 8%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE