Beta Signals Bullish Earnings: $W $ET $HAL

*If You Own W, ET, HAL Then Click Here to Join Our Community Of Traders

The Market Signal was created as a platform to help investors, if you own (NYSE:W), (NASDAQ:ET) or (NYSE:HAL) and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.

https://themarketsignal.com/Free-Report/NOW
(Click link above or copy, paste and hit enter in your browser for your report)

Wayfair Reports Record Revenue

https://themarketsignal.com/Free-Report/W

(Click link above or copy, paste and hit enter in your browser for your report)

Wayfair Inc (NYSE:W) has a beta of 3.57 which means though the stock is risky yet offer huge potential returns.

2Q 2020 1Q 2019 Net Revenue $4.3 billion $2.3 billion Gross profit $1.3 billion GAAP net income $273.9 million Diluted EPS $2.54 Non-GAAP FCF $1.1 billion Cash, Cash Equivalents $2.4 billion Active customers in our Direct Retail business 26.0 million (Up 46%) LTM net revenue per active customer $440 (Down 1.6%) Orders per customer 1.89 1.86 Orders delivered 18.9 million (up 106.2%)

The company reported $310.2 million net increase in revenue, up 90% year over year. In addition, the company reported 96.9% in Net revenue Constant Currency Growth. Mobile devices accounted for 60.6% of all orders delivered for the company's Direct Retail business in 2Q2020. This is more than 53.5% in the 2Q2019.

Energy Transfer Lowers Its Capital Growth Projection

https://themarketsignal.com/Free-Report/ET

(Click link above or copy, paste and hit enter in your browser for your report)

Energy Transfer LP Unit (NYSE:ET) has a beta of 2.69 which means though the stock is risky yet offer huge potential returns.

2Q 2020 2Q 2019 Net Income Attributable To Partners $353 million Adjusted EBITDA $2.44 billion $2.83 billion Distributable Cash Flow attributable to partners $1.27 billion $1.60 billion

ET updated its Adjusted EBITDA outlook FY2020 to range between $10.2 billion and $10.5 billion.

ET has lowered its capital growth projection by a further $200 million and will now invest around $3.4 billion in 2020. The company spent around $1.8 billion on capital growth projects. ET projects that growth capital expenditures will be around $1.3 billion in 2021 and around $500 million to $700 million in 2022 and 2023.ET projects that around 80% of the growth capital in 2020 will be spent on projects that will be operational in 2020 or 2021.

Halliburton Signs Partnership With Honeywell

https://themarketsignal.com/Free-Report/HAL

(Click link above or copy, paste and hit enter in your browser for your report)

Halliburton Company (NYSE:HAL) has a beta of 2.66 which means though the stock is risky yet offer huge potential returns.

Halliburton (NYSE: HAL) and Honeywell (NYSE: HON) have signed a partnership aimed at maximizing the asset potential of the two companies. In partnership will also seek to reduce execution risk and reduce the total cost of ownership of oil and gas resources. In the collaboration, Halliburton will offer its DecisionSpace(R) 365 E&P cloud applications and Honeywell Forge to be used for analytics and insights for oil and gas assets. The two companies are well experienced in the oil and gas industry as well as application of innovative digital technologies to address operational efficiency and increase asset productivity.

Please email or contact us for any edits or errors relating to this stock market news.

If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market and other Stock Market news.

We will get back to you within 24 hours.

Disclaimer

comtex tracking

COMTEX_369227766/2705/2020-08-11T09:17:08

Is there a problem with this press release? Contact the source provider Comtex at editorialpr@comtex.com.