Pre-Marketing report of August 23, 2021: JD, MSGE, ITRN, CNF

TThe following companies are expected to publish their results before the market opens on 08/23/2021. Visit our earnings calendar for a full list of expected results.
JD.com, Inc. (JD) is releasing a report for the quarter ending June 30, 2021. The Internet company’s consensus earnings per share forecast from the 2 analysts following the share is $ 0.32. This value represents a decrease of 27.27% compared to the same quarter last year. The past two quarters, JD has had negative earnings surprises; the last report they missed by -4.35%. Zacks Investment Research reports that the 2021 price / earnings ratio for JD is 59.80 compared to a ratio of 144.30 for the industry.
Madison Square Garden Entertainment Corp. (MSGE) releases a report for the quarter ended June 30, 2021. The consensus earnings per share of the leisure (recreational) company forecast by the 2 analysts following the action is – $ 3.06. This value represents a decrease of 21.43% compared to the same quarter last year. MSGE missed consensus earnings per share in Q4 2020 by -32.56%. Zacks Investment Research reports that the 2021 price / earnings ratio for MSGE is -4.40 versus an industry ratio of -37.00, which implies that they will have higher profit growth than their competitors in the same industry.
Ituran Location and Control Ltd. (ITRN) is releasing a report for the quarter ending June 30, 2021. The protection and security company’s consensus earnings per share forecast by the 1 analyst following the action is $ 0.37. This value represents an increase of 8.82% compared to the same quarter last year. ITRN missed consensus earnings per share by -8.33% in the 4th calendar quarter of 2020. Zacks Investment Research reports that the 2021 price / earnings ratio for ITRN is 15.70 versus an industry ratio of 15.90.
CNFinance Holdings Limited (CNF) reports for the quarter ended June 30, 2021. The consensus earnings per share of the financial management and related services company of the 1 analyst following the share is $ 0.12. This value represents an increase of 140.00% compared to the same quarter last year. Over the past year, CNF has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat the consensus by 100%. Zacks Investment Research reports that the 2021 price / earnings ratio for CNF is 6.70 compared to an industry ratio of 7.30.
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