Earnings Preview: KO, GOLD, MAR, ABNB, RBLX

It's a busy week for earnings, with around 420 companies reporting. Some of these include AMC Networks (NASDAQ: AMCX), Albemarle (NYSE: ALB), Alexander's (NYSE: ALX), America Movil SAB de CV (NYSE: AMX), Amkor Technology (NASDAQ: AMKR), Arista Networks (NYSE: ANET), AutoNation (NYSE: AN), Avis Budget Group (NASDAQ: CAR), Barnes Group (NYSE: B), Biogen (NASDAQ: BIIB), Blue Owl Capital Inc (NYSE: OWL), Cadence Design Systems (NASDAQ: CDNS), Cisco Systems (NASDAQ: CSCO), Cleveland-Cliffs (NYSE: CLF), Crocs (NASDAQ: CROX), Devon Energy Corp. (NYSE: DVN), Door Dash (NYSE: DASH), DraftKings (NASDAQ: DKNG), GoDaddy (NYSE: GDDY), Hasbro (NASDAQ: HAS), John Deere (NYSE: DE), Kraft Heinz (NASDAQ: KHC), Krispy Kreme (NASDAQ: DNUT), Marathon Oil (NYSE: MRO), Marriott International (NASDAQ: MAR), Monday.com (NASDAQ: MNDY), Palantir Technologies (NYSE: PLTR), Peabody Energy Corporation (NYSE: BTU), Roku (NASDAQ: ROKU), Shopify (NYSE: SHOP), Solar Edge (NASDAQ: SEDG), Suncor Energy (NYSE: SU), Teradata (NYSE: TDC), The Andersons (NASDAQ: ANDE), Twilio (NYSE: TWLO), Upstart Holdings (NASDAQ: UPST), and Vale (NYSE: VALE).

Here are some of the key earnings updates to look forward to this week:

The Coca-Cola Co. (NYSE: KO)

The Coca-Cola Co. (NYSE: KO) will release financial results for Q4 and fiscal year 2022 on Tuesday, February 14, 2023, before the New York Stock Exchange opens. The release will be followed by an investor conference call at 8:30 am. ET to discuss the results.

FactSet analyst estimates predict an EPS consensus of $2.49 and a sales consensus of $42.8bn for the fiscal year ending December 2022.

Over the past year, KO stock has traded between $54.02 and $67.20. Today it trades at around $59.62. So far this year, the Coca-Cola stock price is down -5%, while the S&P 500 has risen 6.96% over the same period.

26 FactSet analysts have a consensus Overweight rating on KO stock with a target share price of $68.39.

KO stock has a price-to-earnings ratio (P/E) of 26.1.

What Does Coca-Cola Do?

The Coca-Cola Company is a leading beverage company, offering a diverse range of products sold in over 200 countries and territories worldwide. Coca-Cola offers a portfolio of well-known beverage brands across multiple categories. These include sparkling soft drinks such as Coca-Cola, Sprite, and Fanta, as well as hydration, sports, coffee, and tea brands such as Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, and more. In addition to its popular beverages, Coca-Cola also offers a range of nutrition, juice, dairy, and plant-based options through brands such as Minute Maid, Simply, innocent, Del Valle, fairlife, and AdeS. The Company is constantly striving to improve and innovate, including reducing sugar in its drinks and bringing new products to market.

Barrick Gold Corp. (NYSE: GOLD)

Barrick Gold Corp. (NYSE: GOLD) will provide its full-year and Q4 2022 production and sales when the Company reports its quarterly and full-year results before North American markets open on February 15, 2023.

The preliminary Q4 results show sales of 1.11 million ounces of gold and 99 million pounds of copper, and preliminary Q4 production of 1.12 million ounces of gold and 96 million pounds of copper. The average market price for gold in Q4 was $1,726 per ounce, and the average market price for copper in Q4 was $3.63 per pound.

FactSet analyst estimates provide a full-year EPS consensus of $0.76 and a sales consensus of $10.99bn.

Over the past year, GOLD stock has traded between $13.01 and $26.07. Today it trades at around $17.93. Year-to-date, the Barrick stock price is up 0.5%.

23 FactSet analysts have a consensus Overweight rating on GOLD stock with a target share price of $22.18.

GOLD stock has a forward P/E of 19.5 (currently 16.8), and its P/BV is 1.3.

What Does Barrick Gold Do?

Barrick Gold Corp. engages in producing and selling gold, copper, and related activities. It also provides exploration and mining development.

Marriott International Inc (NASDAQ: MAR)

Marriott International Inc (NASDAQ: MAR) will report its Q4 2022 earnings results on Tuesday, February 14, 2023, at approximately 7:00 am Eastern Time (ET). The Company is having a call for investors on Tuesday, February 14, 2023, at 8:30 am ET. The CEO, Anthony Capuano and the CFO, Leeny Oberg, will talk about the Company's progress.

FactSet analyst estimates provide an EPS consensus of $6.55 (guidance comes between $6.51 and $6.58) and a sales consensus of $20.2bn.

Over the past year, MAR stock has traded between $131.01 and $195.90. Today it trades at around $171.37. Year-to-date, the MAR stock price is up 16%.

21 FactSet analysts have a consensus Hold rating on MAR stock with a target share price of $173.68.

MAR stock has a P/E of 26.1. Its P/BV is 51.5. Its dividend has a 0.9% yield.

What Does Marriott International Do?

Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,200 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts worldwide. The Company offers Marriott Bonvoy®, its highly-awarded travel program.

Airbnb Inc (NASDAQ: ABNB)

Airbnb Inc (NASDAQ: ABNB) will release its Q4 and full-year 2022 earnings results on Tuesday, February 14, 2023, after the market close.

FactSet analyst estimates provide an EPS consensus of $2.59 and a sales consensus of $8.3bn.

Over the past year, ABNB stock has traded between $81.91 and $191.73. Today it trades at around $108.87. Year-to-date, the ABNB stock price is up 28.23%.

ABNB stock has a P/E of 45.5. Its P/BV is 12.4.

40 FactSet analysts have a consensus Overweight rating on ABNB stock with a target share price of $123.40.

What Does Airbnb Do?

Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home, and it has since grown to over 4 million Hosts who have welcomed more than 1 billion guest arrivals in almost every country across the globe. Every day, Hosts offer unique stays and experiences that make it possible for guests to connect with communities more authentically.

Roblox Corp (NYSE: RBLX)

Roblox Corp (NYSE: RBLX) will publish its fiscal year 2022 Q4 and full-year financial results on Wednesday, Feb. 15, 2023. Roblox will host a conference call to answer questions regarding its financial results on the same date.

FactSet analyst estimates provide an EPS consensus of -$1.56 and a sales consensus of $2.8bn.

Over the past year, RBLX stock has traded between $21.65 and $73.71. Today it trades at around $34.82. Year-to-date, the Roblox stock price is down -5.74%.

RBLX stock has a P/BV of 49.4.

29 FactSet analysts have a consensus Hold rating on RBLX stock with a target share price of $33.83.

What Does Roblox Do?

Roblox's mission is to connect a billion people with optimism and civility. Every day, tens of millions of people around the world have fun with friends as they explore millions of immersive digital experiences. All these experiences are built by the Roblox community, comprised of millions of creators. The Company inspires and fosters creativity and positive relationships between people around the world.