Group 1 - AutoZone is expected to announce earnings on September 23, 2025, with forecasted revenue of approximately $6.25 billion, reflecting a 1% increase from the previous year [2] - Projected earnings per share are around $51, which is roughly unchanged from last year, indicating stable performance [2] - The company has a market capitalization of $71 billion, with total revenue over the past twelve months at $19 billion, operating profits of $3.7 billion, and net income of $2.6 billion [2] Group 2 - Historical data shows that AutoZone has recorded 20 earnings data points over the last five years, with 7 positive and 13 negative one-day returns, resulting in a 35% chance of positive returns [6] - The percentage of positive one-day returns drops to 25% when considering the last three years, indicating a potential decline in performance [6] - The median of positive returns is 3.7%, while the median of negative returns is -2.8%, highlighting the variability in post-earnings performance [6]

Company Overview - Roku is expected to announce its Q2 2025 earnings in early August, with a projected net loss of approximately $0.16 per share and revenue of $1.07 billion, reflecting an 11% increase year-over-year [1] - The company has a current market capitalization of $13 billion and reported revenue of $4.3 billion over the past twelve months, alongside operational losses of $204 million and a net income of -$106 million [2] Industry Context - The streaming industry remains robust despite broader economic challenges, as evidenced by Netflix's recent Q2 2025 results showing a 16% revenue growth, indicating strong demand for streaming entertainment [1] - Increased video advertising revenues and distribution activities related to streaming services are expected to drive Roku's revenue growth [1] Historical Performance - Over the past five years, Roku has recorded 20 earnings data points, with 9 positive and 11 negative one-day returns, resulting in a 45% occurrence of positive returns [4] - The median of the 9 positive returns is 12%, while the median of the 11 negative returns is -8.5% [4] Trading Strategies - Event-driven traders may benefit from familiarizing themselves with historical probabilities and positioning ahead of earnings announcements [2] - Analyzing the correlation between short-term and medium-term returns following earnings can provide a less risky trading approach [5]

Core Insights - Coca-Cola is scheduled to release its earnings on July 22, 2025, with analysts predicting earnings of $0.84 per share on revenues of $12.55 billion, compared to $0.84 per share on revenues of $12.31 billion in the same quarter last year [3] - Historically, Coca-Cola stock has shown a 72% rate of positive one-day returns following earnings announcements over the past five years, with a median positive return of 1.4% and a maximum of 4.7% [2][7] Financial Performance - Coca-Cola currently has a market capitalization of $298 billion and generated $47 billion in revenue over the past twelve months, with operating profits of $14 billion and net income of $11 billion [4] - The company has recorded 18 earnings data points in the last five years, yielding 13 positive and 5 negative one-day returns, with a median of -0.6% for negative returns [7] Trading Strategies - Traders can utilize historical trends to inform their strategies, focusing on pre-earnings positioning and post-earnings analysis to optimize trading choices [6] - The correlation between one-day and subsequent five-day returns can provide insights for traders, suggesting a "long" position if the one-day post-earnings return is positive [8] Peer Performance - The performance of peers can influence Coca-Cola's stock reaction following earnings, with historical data indicating that peer stock returns may affect the pricing in prior to Coca-Cola's earnings announcement [9]