Earnings Preview: Etsy, Spotify, Starbucks
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 27 October 2020
⏱️ 19 minutes
🧾️ Download transcript
Summary
What should investors expect from high-flying Etsy when it reports 3rd-quarter results on Wednesday? Is subscriber growth still the #1 priority for Spotify? How will Starbucks wrap up its fiscal year? Jason Moser answers those questions and makes his picks for overrated and underrated Halloween candy.
Transcript
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| 0:00.0 | It's Tuesday, October 27th. |
| 0:04.0 | Welcome to Market Foolery. |
| 0:05.0 | I'm Chris Hill with me today. |
| 0:07.0 | Mr. Jason Moser. |
| 0:08.0 | Thanks for being here. |
| 0:09.0 | Hey, hey! |
| 0:10.0 | So, for the dozens of listeners, let me just say up front we are recording this early because I'm |
| 0:16.8 | taking Tuesday as a personal day so hopefully the market is not doing Tuesday morning what it did late in the day on Monday |
| 0:26.4 | And with so many companies reporting this week we thought we would do a more detailed preview on three companies that are |
| 0:35.2 | reporting later this week and let's start with ETSI. ETSI's going to report |
| 0:39.8 | after the bell on Wednesday. It's their third quarter report this is a stock that was in the |
| 0:46.4 | low 30s in March it's now around a hundred forty dollars a share what should folks be watching when it comes to |
| 0:54.4 | ETSI? Yeah, you know, it's really funny. I didn't realize |
| 0:58.0 | that's see had been on quite such tear. I guess I just hadn't really been paying that close attention to my portfolio and then one day I opened it up and I saw hey |
| 1:06.4 | Wow, that's a nice little surprise there. That's the best kind of surprise. These guys have been doing okay |
| 1:12.4 | So I will say like first and foremost that when it comes to earning season and you know I |
| 1:17.2 | tweeted this out earlier and I think it's just something that I always want to remind myself |
| 1:21.7 | because we get very hung up in the expectations game and for me |
| 1:25.7 | it's always more beneficial to pay attention to management and management hitting the |
| 1:31.8 | marks that they set, not what the streets |
| 1:34.4 | expecting. I mean management's, you know, should in theory know the business better than |
| 1:37.8 | anyone. So I think they're going to provide a little bit more of a realistic |
... |
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