Moneysupermarket could be in demand

Consumers are increasingly looking to switch products and economise where they can

Given there has been no sign of a let-up in the ongoing cost-of-living crisis, we suspect price comparison website operator Moneysupermarket.com (MONY) would have had a strong final quarter in 2022.

At the nine-month stage, growth was already ahead of expectations, especially in its money channel which includes credit cards, savings and loan products, where revenues were up 47% as interest rates continued to rise, and the firm raised its profit guidance to the top end of market expectations.

The firm cautioned that conditions in the wholesale energy market and the introduction of the Energy Price Guarantee meant it was unlikely energy switching would make a comeback this year, but with gas prices tumbling we wouldn’t rule out competition creeping back in among the energy providers. The company issues its full-year results on 14th February. [IC]

Bookings in focus at TUI

Investors will also be looking to see the extent the company has been able to pass on costs

Investors have fallen back in love with holiday companies in 2023 so it is appropriate that package seller TUI (TUI) will report results on Valentine’s Day (14 February) for the 12 months to 30 September 2022. Increased prices and how firm bookings are for the upcoming summer season will be closely watched, especially against a tricky economic backdrop. The stock has rallied 26% so far in 2023.

Can Coca-Cola continue to sparkle?

The Atlanta-based drinks giant has brand strength and pricing power

Fourth quarter and full year earnings (14 February 2023) from Coca-Cola (KO:NYSE) should confirm that the drinks giant sustained positive sales momentum in the final three months of 2022, and investors will be eager to see if consumers have continued to swallow price increases from the beverages behemoth. The $260.7 billion cap, whose brands span iconic soft drink Coke and the likes of Sprite, Fanta, Schweppes and Costa, upgraded guidance for 2022 following a sparkling third quarter in which price increases helped organic sales fizz 16% higher. Much hinges on the guidance Coca-Cola gives for 2023 and there will be interest around what chairman and CEO James Quincey has to say about commodity costs and the recent reopening of China. [JC]

Market more optimistic on Airbnb

Shares in the home rental platform are up 40% year-to-date

Wall Street has been getting more optimistic about growth companies this year and fourth quarter earnings (14 February) from Airbnb (ABNB:NASDAQ) will put that to the test. The third quarter was strong, the company booking 25% higher volumes while rising prices helped push revenue up 36% after accounting for currency swings. The stock is up 40% year-to-date. Consensus forecasts are pitched at $0.25 earnings per share on $1.86 billion revenue for the home and room-rental platform. [SF]

UK UPDATES OVER THE NEXT 7 DAYS

FULL-YEAR RESULTS

14 February: Carr’s, Coca-Cola HBC, Plus500

15 February: Barclays

16 February: Centrica, HarbourVest Global Private Equity, Moneysupermarket, RELX

HALF-YEAR RESULTS

15 February: Dunelm, Hargreaves Lansdown

16 February: MJ Gleeson

TRADING UPDATES

14 February: TUI

16 February: Supermarket Income REIT

US UPDATES OVER THE NEXT 7 DAYS

QUARTERLY RESULTS

13 February: Arista Networks, Avis, Cadence Design, DBS Group, Palantir Technologies, SolarEdge Technologies

14 February: Airbnb, Coca-Cola, Devon Energy

15 February: AIG, Biogen, Cisco, Kraft Heinz, Shopify

16 February: Applied Materials, Datadog, DoorDash

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