The company with the fun to say name reported 2nd Quarter July 2019 earnings of $1.24 per share on revenue of $2.6 billion. The consensus earnings estimate was $1.14 per share on revenue of $2.6 billion. The company said it expects third quarter revenue of $2.84 billion to $2.96 billion, and earnings of $1.48 to … Continue reading Nvidia!
Paypal had a great quarter, beating estimates by almost 18% on the earnings side and meeting revenue estimates. Revenue grew 11.6% y-o-y. They reported $0.86 per share on revenue of $4.3 billion. Future guidance was the problem, the company said it expects third quarter earnings of $0.69 to $0.71 per share on revenue of $4.33 … Continue reading Paypal Reports
Unfortunately the estimate was for a loss of $0.52... Tesla reported a loss of $1.12 per share on revenue of $6.3 billion(also missed revenue estimate of $6.4 billion). Revenue did grow by almost 60%. The totally believable shareholder letter said the company expects positive GAAP earnings in the 3rd quarter, consensus estimates are for $0.27 … Continue reading Tesla Doubles Estimate!
Align Technology , the maker of clear braces, reported 2nd Quarter June 2019 earnings of $1.64 per share on revenue of $600.7 million. The consensus earnings estimate was $1.52 per share on revenue of $595.6 million. Revenue grew 22.5% on a year-over-year basis. The company said it expects third quarter earnings of $1.09 to $1.16 … Continue reading Align Tumbles on Cautious Outlook
Anyone seeking to understand the S&P 500 Index’s performance in the decade-long bull market ought to focus on earnings. Comparing the S&P 500’s profit growth on a per-share basis with its value since mid-2009. Earnings climbed 203% as the index rose 232%.
Snap reported a 2nd Quarter June 2019 loss of $0.06 per share on revenue of $388.0 million. The consensus estimate was a loss of $0.10 per share on revenue of $358.5 million. Revenue grew 48.0% on a year-over-year basis. The company said it expects third quarter revenue of $410.0 million to $435.0 million. The current … Continue reading Oh Snap!
The relationship between dividends and earnings on the S&P 500 Index. U.S. companies are showing the kind of confidence that points toward a rebound in earnings growth. Payouts increased 7.5% on a per-share basis from Sept. 30 through Friday even though profit only rose 1.1%, according to data compiled by Bloomberg. So far, companies seem … Continue reading Dividends and Earnings
Some of the world’s biggest stock markets are also among the most likely to disappoint investors, according to a study. In Australia, Germany, Japan, South Korea and the U.K., fewer than 40% of shares performed better than one-month U.S. Treasury bills from 1990 through 2018. All five are among the 10 largest developed markets in … Continue reading Global Investing
U.S. companies are regaining their dominance in the world’s stock markets. They accounted for about 56% of the total market value of the MSCI All-Country World Index at the end of last week, according to data compiled by Bloomberg. Their weight in the index, consisting of companies in developed and emerging markets, was the highest … Continue reading Heavy Weight
Shopify is closing in on an all time high today after KeyBanc Capital Markets analyst Josh Beck wrote Monday that it's scale "could rival Amazon" in a few years as the company rolls out new features and addresses gaps in its product offering. Looking 4 years down the road... Because Josh says it doesn't make it … Continue reading Shopify the next Amazon?