American stocks knock on the blackboard
Taiwan Semiconductor Manufacturing Co Ltd, Blackrock and Delta Airlines will release their results on January 14, local time.
This article brings you Wall Street analysts' performance forecasts for them.
The Prospect of Taiwan Semiconductor Manufacturing Co Ltd Q4 Financial report
$Taiwan Semiconductor Manufacturing Co Ltd (TSM.US) $Is a professional engaged in integrated circuits, wafer semiconductor devices manufacturing and sales of enterprises.
Analysts' comments
Our performance forecast for Taiwan Semiconductor Manufacturing Co Ltd reflects the continued growth in orders for PC and game console application chips and AMD from customers such as Apple Inc. Strong sales also indicate that capacity will be used at almost full capacity and profit margins will be expanded, as operating margins in the quarter are likely to reach the higher range of its target range of 40.5-42.5%.
According to our calculations, assuming that the intensity of capital expenditure hovers around 37 per cent of market consensus expectations in 2021, capital expenditure could reach $20 billion this year.
-Charles Shum and Simon Chan, Bloomberg stock analysts
The Prospect of Blackrock Q4 Financial report
$Blackrock (BLK.US) $Committed to providing investment management, risk management and consulting services to institutional and individual clients around the world.
Analysts' comments
Blackrock is likely to hit a record in 2020Asset Management scale (AUM)Closing the deal will provide the impetus for the strong operating rate that begins in 2021. Asset price advantage and widespread healthy liquidity may help drive AUM growth.
Institutional mobility and channels will be interested in fourth-quarter results and ESG trends measured in the context of management's strategic priorities. Mixing and expense rates will also be the focus, and the depreciation of the US dollar will have an impact on translation. Revenue growth is likely to improve operating margins compared with a year ago, although we note that performance fees are expected to slow from the third quarter.
-Alison Williams and Neil Sipes, Bloomberg analyst
Prospect of Delta Airlines Q4 Financial report
$Delta Airlines (DAL.US) $Provide regular passenger and cargo services in the United States and internationally.
To know more about the financial reporting schedule of US stocks in advance, please click:Us Stock earnings Calendar
Source: Bloomberg
Us Stock Intelligence Agent | Tommy