Baidu (NASDAQ:BIDU): This afternoon we get results from Alphabet (NASDAQ:GOOGL) and its Chinese counterpart, Baidu. Baidu shareholders haven’t necessarily shared the same experience as those holding Google. The stock is down 13.2% since the start of the year despite consistently topping earnings expectations quarter after quarter. The volatility is expected to continue through its report with earnings expectations look bleak. In June, Baidu cut its quarterly revenue guidance after the company was forced to modify its core paid search business. Investors will be paying close attention to search but also Baidu’s online to offline initiatives. Baidu has invested heavily in this side of the business and investors have been patiently waiting for a timetable of when it will turn profitable.
Expedia (NASDAQ:EXPE): Expedia and Priceline (NASDAQ:PCLN) are neck and neck in the race for supremacy in the online travel industry. Expedia’s report today will be a benchmark for Priceline in the next couple weeks. Expedia itself is coming off a promising first quarter, topping expectations on both the top and bottom line. The company has been quick to snatch up its competitors and consolidate the industry. Past acquisitions such as Travelocity and HomeAway provide Expedia with new revenue streams that aren’t likely to cannibalize its business. Based on the success of the airlines, travel trends also appear to be picking up, which bodes well for Expedia. The biggest concern, however, is Brexit and what it means for future travel and currency translation. Any indication of it having an adverse impact on future earnings could send the stock into a tailspin.
Wynn Resorts (NASDAQ:WYNN): After Las Vegas Sands (NYSE:LVS) beat expectations this week, it appears to be smooth sailing for Wynn Resorts. Its main focus heading into this report will be the turnaround of Macau. If gaming and non-gaming segments in the region show some sign of life, then investors should have nothing to worry about. Also, any forecasts or indications on the prospects of Wynn Palace, set to launch next month, could put it over the top. Similar to LVS, a hint of growth is likely to push this stock up.
Deckers Outdoor Corporation (NYSE:DECK): After a strong fourth quarter, Decker appears to be shifting back to erratic earnings. Earnings expectations have significantly declined after guidance was revised down. The warm months typically don’t bode well for Deckers, which relies on UGG boots to carry revenue. Deckers has made strides on improving year-round sales. Its Teva brand is summer oriented and should alleviate some of the declines in UGG sales. The biggest concern, however, is its ability to improve comparable DTC sales. Weak direct-to-consumer channels are often an indication of an undeveloped e-commerce platform. If Deckers can show improvement in this area and shed light on a strategic long-term vision, it will be a huge win for investors.
Fortinet (NASDAQ:FTNT): Cyber security and network solutions continue to be one of the fastest-growing sectors in the tech industry. It addresses an imminent threat that a number of companies are looking to counter. Fortinet, along with Check Point (NASDAQ:CHKP), Juniper (NYSE:JNPR) and Palo Alto Networks (NYSE:PANW), are among the key startups focusing on providing network security solutions. As the industry becomes more cluttered, Fortinet and its peers will start to see slower growth. Nonetheless, Fortinet has been diligent in fending off those concerns. Frequent updates and product releases on top of new partnerships are expected to pay off moving forward.
How do you think these names will report?