Earnings Preview: PG, NFLX, KMI, NUMI, GAME

By Kirsteen Mackay

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This week’s company earnings include Procter & Gamble (PG), Netflix (NFLX), Kinder Morgan (KMI), Numinus Wellness (OTCMKTS: NUMIF), and Engine Gaming & Media (GAME).

Earnings Preview: PG, NFLX, KMI, NUMIF, GAME

Banks and financial institutions continue reporting this week, including Morgan Stanley (NYSE: MS), Goldman Sachs Group, Inc. (NYSE: GS), Truist Financial Corp. (NYSE: TFC), PNC Financial Services Group, Inc. (NYSE: PNC), Discover Financial Services (NYSE: DFS), State Street Corp. (NYSE: STT), M&T Bank Corp. (NYSE: MTB), and many more.

Meanwhile, other well-known companies reporting earnings this week include Kimberly Clark Corp (NYSE: KMB), United Airlines Holdings, Inc., Schlumberger NV, PPG Industries, Inc., J.B. Hunt Transport Services, Inc., Alcoa Corp., Concentrix Corp., Fastenal Co., Prologis, Inc., Prologis Property Mexico SA de CV, H.B. Fuller Co., Richelieu Hardware Ltd., Insteel Industries, Inc., Progress Software Corp., and Goodfood and Market Corp.

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

Procter & Gamble Co. (NYSE: PG)

Procter & Gamble Co. (NYSE: PG) will webcast a discussion of its Q2 earnings results on January 19, 2023, beginning at 8:30 a.m. ET.

FactSet analyst estimates provide an EPS consensus of $1.58 and a sales consensus of $20.69bn.

The company recently declared a dividend of $0.9133 per share that will be paid out to shareholders on or after February 15, 2023. This will be given to shareholders who own stock as of January 20, 2023.

P&G has a long history of paying dividends, it has been doing so for 132 years and has been increasing the amount for 66 years in a row. This shows that P&G is committed to giving money back to its shareholders, many of whom depend on the steady income from their investment in P&G.

Over the past year, PG stock has traded between $122.18 and $165.35. Today it trades at around $150.88. So far this year, the Procter & Gamble stock price is down -0.46%, while the S&P 500 has risen 4.57% over the same period.

FactSet analysts have a consensus Overweight rating on PG stock with a target share price of $154.26. 

PG stock has a price-to-earnings ratio (P/E) of 26.15. Its price-to-book-value (P/BV) is 8.32. PG stock comes with a dividend yield of 2.42%.

What Does Procter & Gamble Do?

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide.

Netflix, Inc. (NASDAQ: NFLX)

Netflix, Inc. (NASDAQ: NFLX) will post its Q4 2022 financial results and business outlook on its investor relations website on Thursday, January 19, 2023, at approximately 1:00 p.m. Pacific Time. At that time, the company will issue a brief advisory release via newswire containing a link to the fourth quarter 2022 financial results and a letter to shareholders on its website.

FactSet analyst estimates provide an EPS consensus of $10.26 and a sales consensus of $31.59bn.

Over the past year, NFLX stock has traded between $162.71 and $538.37. Today it trades at around $332.82. Year-to-date, the Netflix stock price is up 12.84%.

FactSet analysts have a consensus Overweight rating on NFLX stock with a target share price of $308.38.

NFLX stock has a forward P/E of 31.38 (currently 29.8), and its P/BV is 7.21. NFLX stock does not come with a dividend.

What Does Netflix Do?

Netflix is one of the world's leading entertainment services, with 223 million paid memberships in over 190 countries, enjoying TV series, documentaries, feature films and mobile games across various genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans anytime.

Kinder Morgan, Inc. (NYSE: KMI)

Kinder Morgan, Inc. (NYSE: KMI) will release its Q4 2022 earnings results on Wednesday, January 18, 2023, after the market close and will hold a live webcast and conference call. FactSet analyst estimates provide an EPS consensus of $1.15 and a sales consensus of $19.56bn. 

Over the past year, KMI stock has traded between $15.78 and $20.20. Today it trades at around $18.85. Year-to-date, the Kinder Morgan stock price is up 4.66%.

FactSet analysts have a consensus Hold rating on KMI stock with a target share price of $19.89.

KMI stock has a P/E of 17.06. Its P/BV is 1.38. KMI stock comes with a dividend yield of 5.89%.

What Does Kinder Morgan Do?

Access to reliable, affordable energy is a critical component for improving lives around the world. It is committed to providing energy transportation and storage services in a safe, efficient, and environmentally responsible manner to benefit the communities and businesses it serves. The company has an interest in or operates approximately 83,000 miles of pipelines, 140 terminals, 700 billion cubic feet of working natural gas storage capacity and has a renewable natural gas generation capacity of approximately 2.2 Bcf per year of gross production with up to an additional 5.2 Bcf in development.

Kinder Morgan's pipelines transport natural gas, renewable fuels, refined petroleum products, crude oil, condensate, CO2 and other products. Its terminals store and handle various commodities such as gasoline, diesel fuel, chemicals, ethanol, metals, and petroleum coke.

Numinus Wellness Inc. (OTCMKTS: NUMIF)

Numinus Wellness Inc. (OTCMKTS: NUMIF) (TSX: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, will release its financial results for the quarter ended November 30, 2022, after market close on Monday, January 16, 2023.

FactSet analyst estimates provide an EPS consensus of -$0.03 CAD and a sales consensus of $4.7m CAD.

Over the past year, NUMI stock has traded between $0.16 CAD and $0.74 CAD. Today it trades at around $0.22 CAD. Year-to-date, the Numinus Wellness stock price is flat.

Three FactSet analysts have a consensus Buy rating on NUMI stock with a target share price of $0.50 CAD.

What Does Numinus Wellness Do?

Numinus Wellness helps individuals with wellness and healing through the development and delivery of innovative mental health care and access to safe, evidence-based psychedelic-assisted therapies. The Numinus model, which includes psychedelic production, research, and clinical care, is at the forefront of a transformation aimed at healing rather than just managing symptoms for conditions such as depression, anxiety, trauma, pain, and substance use.

Numinus is leading the integration of psychedelic-assisted therapies into mainstream clinical practice and building the foundation for a healthier society.

Engine Gaming & Media, Inc. (NASDAQ: GAME)

Engine Gaming & Media, Inc. (NASDAQ: GAME) (TSXV: GAME), a data-driven gaming, media and influencer marketing platform company, will release its results before the market opens on Tuesday, January 17, 2023, and will hold a conference call at 8:45 a.m. Eastern Time the same day.

FactSet analyst estimates provide an EPS consensus of $-0.27 and a sales consensus of $11m.

Over the past year, GAME stock has traded between $0.50 and $3.36. Today it trades at around $1.30. Year-to-date, the Engine Gaming and Media stock price is up 38.3%.

Two FactSet analysts have a consensus Buy rating on GAME stock with a target share price of $3.34.

What Does Engine Gaming & Media Do?

Engine Gaming and Media, Inc. offers live streaming data and analytics, influencer management, and programmatic advertising to support the video gaming industry, brand marketers, e-commerce companies, media publishers, and agencies.

The company has several subsidiaries, including Stream Hatchet, a global leader in gaming video distribution analytics; Sideqik, a social influencer marketing platform; and Frankly Media, a digital publishing platform. The company generates revenue through subscription fees, managed services, and programmatic advertising.

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In this article:

Topics:
Quarterly Earnings
Industries:
Financials
Consumer Discretionary
Information Technology
Companies:
Procter & Gamble
Netflix
Kinder Morgan
Numinus Wellness Inc
Engine Media

Author: Kirsteen Mackay

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Kirsteen Mackay does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above article.

Kirsteen Mackay has not been paid to produce this piece by the company or companies mentioned above.

Digitonic Ltd, the owner of ValueTheMarkets.com, does not hold a position or positions in the stock(s) and/or financial instrument(s) mentioned in the above article.

Digitonic Ltd, the owner of ValueTheMarkets.com, has not been paid for the production of this piece by the company or companies mentioned above.

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