2020-02-26 10:35:22 SQ Square
UPS
02/26/20 02/2610:35 02/26/2010:35 | Fly Intel: What to watch in Square earnings reportSquare (SQ) is scheduled to report results of its fourth fiscal quarter after the market close on February 26, with a conference call scheduled for 5:00 pm EDT. What to watch for: 1. OUTLOOK: During the company's last earnings call, Square said it sees Q4 earnings per share between 19c-21c, with consensus at 25c, and Q4 revenue of $585M-$595M, below the expected $621.24M. The company also narrowed its fiscal year 2019 earnings per share view to 76c-78c from 74c-78c, and its revenue view to $2.24B-$2.25B from $2.25B-$2.28B. 2. REVENUE BEAT POSSIBLE: Last month, Stephens analyst Brett Huff upgraded Square to Overweight from Equal Weight and raised his price target on the shares to $78 from $71, saying he expects the company to beat revenue estimates and meet EBITDA expectations when it reports Q4 results. The analyst also said he sees the company issuing in-line fiscal year 2020 guidance and believes margin expectations have already been reset while the market is underestimating pricing benefits. 3. INSTANT TRANSFERS FEES: In a post to its corporate blog back in January, Square announced that "the rate for instant and same-day transfers from your Square balance to your bank account is changing to 1.5% per transfer. We've recently launched a variety of fast and free transfer options, so we felt the timing was right for this change." 4. COLLABORATION: UPS (UPS) has announced a new collaboration with Square that offers turnkey UPS shipping options integrated into the Square Online Store, "a service that allows small and medium sized sellers to grow their business with a professional e-commerce website and integrated tools." Kevin Warren, UPS's Chief Marketing Officer, said that, "UPS understands that making shipping seamless for small businesses is an essential ingredient to success and to growth. This collaboration gives Square's customers simple and affordable access to UPS's top-tier shipping services within the same familiar platform they're already using." Commenting on the announcement, Keefe Bruyette analyst Steven Kwok told investors that he sees Square's online store customers benefiting from special UPS shipping rates and discounts. Square's online store services, which launched in early 2019, mirrors the business model used by Shopify (SHOP) by helping power online businesses for small merchants with tools such as website building and design, payments, Kwok pointed out, adding that the integration with UPS could enhance Square's positioning to better compete with peers such as Shopify. Square
UPS
Shopify
|
|
---|---|---|
|
Conference/Events
|
Endesa management to meet virtually with JPMorgan »
04:55 03/01/21 03/0104:55 03/01/2104:55
ELEZF
Endesa
Virtual Meeting to be… Story temporarily locked. ShowHide Related Items >><<
|
Conference/Events
|
Wedbush strategist to hold an analyst/industry conference call »
04:55 03/01/21 03/0104:55 03/01/2104:55
Chief Technology… Story temporarily locked. |
Conference/Events
|
Eaton to host virtual investor day »
04:55 03/01/21 03/0104:55 03/01/2104:55
ETN
Eaton
Virtual Investor Day to… Story temporarily locked. ShowHide Related Items >><<
|
General news
|
Federal Reserve Board Governor Lael Brainard Speech to be released at 09:05
04:55 03/01/21 03/0104:55 03/01/2104:55
|
General news
|
Atlanta Federal Reserve Bank President Raphael Bostic Speech to be released at 14:00
04:55 03/01/21 03/0104:55 03/01/2104:55
|
Conference/Events
|
Wolfe Research energy analysts to hold an analyst/industry conference call »
04:55 03/01/21 03/0104:55 03/01/2104:55
Energy Analysts provide a… Story temporarily locked. |
Conference/Events
|
e.l.f. Beauty participates in a conference call with JPMorgan »
04:55 03/01/21 03/0104:55 03/01/2104:55
ELF
e.l.f. Beauty
Beverage, Household &… Story temporarily locked. ShowHide Related Items >><<
|
Conference/Events
|
Fluidra management to meet virtually with JPMorgan »
04:55 03/01/21 03/0104:55 03/01/2104:55
FLUIF
Fluidra
Virtual Meeting to be… Story temporarily locked. ShowHide Related Items >><<
|
Conference/Events
|
UBS technology analyst to hold lan analyst/industry conference call »
04:55 03/01/21 03/0104:55 03/01/2104:55
Technology Analyst Arcuri… Story temporarily locked. |
Conference/Events
|
Golden Star Resources to host conference call »
04:55 03/01/21 03/0104:55 03/01/2104:55
GSS
Golden Star Resources
Conference call to… Story temporarily locked. ShowHide Related Items >><<
|
General news
|
New York Federal Reserve Bank President John Williams Speech to be released at 09:00
04:55 03/01/21 03/0104:55 03/01/2104:55
|
Conference/Events
|
Wedbush retail/hardlines analyst holds an analyst/industry conference call »
04:55 03/01/21 03/0104:55 03/01/2104:55
WOOF
Petco
Retail Hardlines Analyst… Story temporarily locked. ShowHide Related Items >><<
|
Conference/Events
|
JPMorgan transports/logistics analyst to hold analyst/industry conference call »
04:55 03/01/21 03/0104:55 03/01/2104:55
Transports &… Story temporarily locked. |
Conference/Events
|
Genius Sports participates in a conference call with Benchmark »
04:55 03/01/21 03/0104:55 03/01/2104:55
GENI
Genius Sports
Entertainment Analyst… Story temporarily locked. ShowHide Related Items >><<
|
Conference/Events
|
Viatris to host virtual investor day »
04:55 03/01/21 03/0104:55 03/01/2104:55
VTRS
Viatris
Virtual Investor Day to… Story temporarily locked. ShowHide Related Items >><<
|
General news
|
Construction Spending Month over Month to be reported at 10:00 »
04:55 03/01/21 03/0104:55 03/01/2104:55
January Construction… Story temporarily locked. |
General news
|
3-Month Bill Auction to be released at 11:30
04:55 03/01/21 03/0104:55 03/01/2104:55
|
Conference/Events
|
Silvergate Capital management to meet virtually with Wedbush »
04:55 03/01/21 03/0104:55 03/01/2104:55
SI
Silvergate Capital
Virtual Meeting to be… Story temporarily locked. ShowHide Related Items >><<
|
Conference/Events
| Economists, along with… Story temporarily locked. |
Conference/Events
|
UBS consumer goods analysts to hold an analyst/industry conference call »
04:55 03/01/21 03/0104:55 03/01/2104:55
Consumer Goods Analysts… Story temporarily locked. |
Conference/Events
|
Vocera to hold virtual investor briefing »
04:55 03/01/21 03/0104:55 03/01/2104:55
VCRA
Vocera
Virtual Investor Briefing… Story temporarily locked. ShowHide Related Items >><<
|
General news
| February ISM… Story temporarily locked. |
Conference/Events
|
LeMaitre management to meet virtually with BTIG »
04:55 03/01/21 03/0104:55 03/01/2104:55
LMAT
LeMaitre
Virtual Meeting to be… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Cleveland-Cliffs to replace Eaton Vance in S&P 400 at open on 3/1 »
04:55 03/01/21 03/0104:55 03/01/2104:55
CLF
Cleveland-Cliffs
Eaton Vance
Morgan Stanley
Morgan Stanley (MS) is… Story temporarily locked. ShowHide Related Items >><<
|
Conference/Events
|
Nestle management to meet virtually with JPMorgan »
04:55 03/01/21 03/0104:55 03/01/2104:55
NSRGY
Nestle
Virtual Meetings to be… Story temporarily locked. ShowHide Related Items >><<
|