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Disney, Groupon & Priceline Report, Whole Foods & SolarCity Tank on Earnings

Dan Berman
Hot Stock Minute
Disney, Groupon & Priceline Report, Whole Foods & SolarCity Tank on Earnings

Whole Foods Market (WFM) is down more than 9% on its earnings, which came out after yesterday's closing bell. The company actually beat earnings estimates by a penny with 32-cents a share. But sales disappointed, failing to break the $3-billion mark. Perhaps more critical, the company reported slowing growth, and it also lowered the sales forecast for 2014. As of yesterday's regular close, Whole Foods shares were up 40% year-to-date.

Next up is Elon Musk's SolarCity (SCTY), which like Tesla (TSLA), has seen brighter days. It has been down about 9% in early trading on its quarterly report. SolarCity lost 43-cents a share, which was actually a penny better than expected. It also had a substantial beat on revenues which were $49-million. Excluding this morning's drop, SolarCity is up 383% year-to-date. That's even better than Tesla which is now up 327% year-to-date. As for Tesla it dropped more than 14% yesterday after the release of its quarterly report.

Disney (DIS) reports after today's closing bell. The world's largest entertainment company is expected to post earnings of 76-cents a share up from 68-cents a year ago. As for sales, they've likely climbed about 6% to $11.4-billion. Right now 17 analysts rate Disney a buy and 10 list it as a hold. Just this week, Wunderlich Securities raised its price target on the stock to $77 from $65. Shares ended yesterday's session at $69, up 35% so far this year.

Two Nasdaq giants report after the bell: Groupon (GRPN) and Priceline (PCLN). As for Groupon, the online deal site is expected to post profits of just a penny, down from 3-cents a year ago. That would be on an 8% climb in revenues. Meanwhile, Priceline, is expected to post earnings of $16.15 a share up from $12.40 a year ago. On revenue that's shot up nearly 30% to $2.22-billion. Since we're talking about the Twitter I-P-O today we thought we'd show you these two stocks since their IPO's. As for Groupon, it's now down 61% since it went public at the end of 2011. Priceline is up 119% since its debut in 1999. But it's skyrocketed more than 1,800% since the financial crisis.