5 Earnings Charts To Watch This Week - Wednesday, August 8

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The FAANG stocks have all reported earnings but that doesn’t mean that earnings season is over. Far from it. This week, there are over 900 companies reporting, including many small and mid-cap names.

These are companies you know, and may even own, across a wide range of industries including retail, pharmaceuticals, technology, social media and energy.

But with all those companies reporting, which ones should you be keeping an extra close eye on?

5 Earnings Charts to Watch This Week

  1. E.L.F. Beauty (ELF - Free Report) hasn’t missed since its 2016 IPO. Impressive. But the shares have sunk to new post-IPO lows and are down 35% in 2018. Is this a buying opportunity?
  2. MercadoLibre (MELI - Free Report) is the largest online retailer in Central and South America. However, it has missed four quarters in a row as Amazon has arrived in Mexico and is offering free shipping. Can MercadoLibre compete?
  3. Angie’s List (ANGI - Free Report) has missed 3 quarters in a row but the shares have moved higher anyway. Shares are up 40% year-to-date. Can it keep this momentum even if it misses again?
  4. Funko (FNKO - Free Report) is a trendy toy company that recently signed an agreement to make Fortnite toys for the holidays. It hasn’t missed since its 2017 IPO and shares are soaring going into the report. It has a forward P/E of just 30. Is it too hot to handle?
  5. Planet Fitness (PLNT - Free Report) has defied naysayers since its 2015 IPO. It hasn’t missed in that entire time and shares are trading near new all-time highs. They are up another 48% year-to-date. Shares trade with a forward P/E of 41. Is it now priced for perfection?

Disclosure: I own shares of FNKO in my personal portfolio.

Disclaimer: Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the  more

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