Many of the billionaires’ stock will report earnings tomorrow (October 15th). Here are a few of the most relevant companies that you should keep an eye on:
Earnings preview
Citigroup Inc (NYSE:C), the international bank, will report its earning tomorrow before market opens. During last quarter C has had a poor performance in its share price of -5.00%, reaching $49.70. According to Zacks, the earnings estimates remain at $1.06 per share. The billionaires who have a position in the stock are: David Tepper (6.66% of his fund), Julian Robertson (2.33%), Leon Cooperman (2.04%) and John Paulson (0.34%).
The Coca-Cola Company (NYSE:KO), the famous beverage manufacturer, will report earnings before market opens. As Citigroup, the stock had a very bad quarter, the share price dropped -7.90%, hitting $37.74. The estimate earning is $0.53 per share, and in the last month it was downgraded to ‘sell’ by Zacks. The billionaire with stakes in KO are: Warren Buffett (18.02% of his fund), Bill Gates (7.66%) and Richard Chilton (0.50%).
The tech company, Yahoo! Inc. (NASDAQ:YHOO) is presenting its earnings report tomorrow after market closes. Unlike the aforementioned companies, Yahoo! had a great quarter performanced, its price climbed +24.91% to $33.99, but it was downgraded to ‘buy’ over the last month. The estimate earning per share remains in $0.27. The billionaires with a position in YHOO are: Daniel Loeb (7.99%), Thomas Steyer (5.43%), and George Soros (0.03%).
Finally, the healthcare company Johnson & Johnson (NYSE:JNJ), is one of our billionaires’ stock that will report earnings tomorrow before the market opens. This quarter was tough for JNL, which has dipped -1.05%, hitting $89.33. The estimate earnings is $1.32, and unlike Yahoo! it keeps the ‘hold’ rank. The investors which have a stakes in JNJ are: George Soros (2.36%), Richard Chilton (0.16%), Warren Buffett (0.03%).
