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Stocks were volatile last week as investors assimilated the results of hundreds of companies and presented positive news on the strength of the US economy. Both S & P 500 (SNPINDEX: ^ GSPC) and the Dow Jones Industrial Average (DJINDICES: ^ DJI) stay stable to stay near the peaks of all time.
^ SPX data by YCharts.
As the season of results continues, here's an overview of the statistics that could send shares of Electronic Arts (NASDAQ: EA), Disney (NYSE: DIS) and Match Group (NASDAQ: MTCH) to move this week.
The Royal Battle of Electronic Arts
Electronic Arts will announce its results after market close on Tuesday, and investors have good reason to follow this report. The video game publisher hopes to rebound after what CEO Andrew Wilson has described as "tough quarter" last quarter, when net bookings, a measure of the sales trend, dropped 3%. EA struggled to establish a base of players big enough for his new Battlefield V published, and the company has revealed a huge decline in mobile revenue because of strong competition.
Wilson and his team have been encouraged by victories in the FIFA 19 franchise and the early engagement of players since their most recent participation in the popular Royal Battle genre, Apex Legends. Nevertheless, it will be interesting to know Tuesday if EA sees these brands helping the company regain sales growth during the fiscal year 2020 after disappointing declines over the past year.
Disney Perspectives
Disney's shares have dominated the market so far in 2019, so investor expectations are high before the release of its earnings report on Wednesday. Entertainment titan will inform the shareholders of the health of each of its divisions, but the media network sector will be a key element as shareholders seek increased stabilization of the ESPN subscriber pool and the network. broader activity of pay television.
Source of the image: Getty Images.
Disney will probably have good things to say about its movie segment after the recent blockbuster launch for Avengers: End of the game. However, investors will be more interested in the updates that CEO Bob Iger and his team are publishing on the major initiatives they are working on, including the 21st Century Fox integration, the streaming application. ESPN and the Disney + streaming service.
These direct-to-consumer offers are already weighing on profits and Disney + is expected to generate significant losses when launched. But Disney hopes that a strong release will give it a substantial and ultimately profitable outlet for its huge treasure of television and film content.
Match Group user base
Match Group, a specialist in online dating applications, will release its results before the market opens on Wednesday. The title is rising sharply this year after the release of a fourth quarter report, well received, early February. In this announcement, Match revealed that its subscriber base had jumped 17% to more than 8 million, while the average revenue per subscriber had increased 4%. The operating margin declined, however, as the company invested heavily in its growth initiatives.
CEO, Mandy Ginsberg, and his team aspire to dominate the global dating market, and Match's leading portfolio of applications puts him in a position to do just that. But the company faces challenges to increase the popularity of dating applications in markets outside the United States. Therefore, expect Ginsberg to spend time this week explaining how Tinder wins with young users at home and how these successes could translate into a wider user base in places like China , Latin America and the Middle East.
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