How To Trade AppLovin Stock Ahead of Its Earnings?
From Nasdaq: 2025-05-06 00:56:00
AppLovin (NASDAQ:APP) is set to report earnings on May 7, 2025. Historical data shows positive one-day returns in 69% of instances, with a median return of 24% and a maximum of 46%. Consensus estimates predict earnings per share of $1.96 on sales of $1.38 billion, compared to $0.92 and $1.06 billion last year.
For traders, pre- and post-earnings strategies can be utilized based on historical patterns. APP’s market cap is $104 billion, with revenue of $4.7 billion and $1.9 billion in operating profits. The Trefis High-Quality portfolio has outperformed the S&P 500 with returns exceeding 91%.
Historical data shows 69% positive one-day post-earnings returns for APP. The median positive return is 24%, increasing to 83% over the last 3 years. Correlation between 1D, 5D, and 21D returns post-earnings can inform trading strategies. Peer performance may influence post-earnings stock reactions.
Understanding correlation between short- and medium-term returns post-earnings can inform trading decisions. Historical data on peer performance compared to AppLovin can also be a factor in stock reactions. Trefis offers market-beating portfolios like the High Quality portfolio, which has outperformed the S&P with over 91% returns.
Read more at Nasdaq: How To Trade AppLovin Stock Ahead of Its Earnings?