Netflix reported 3rd Quarter earnings of $1.47 per share on revenue of $5.2 billion. The consensus earnings estimate was $1.05 per share on revenue of $5.3 billion. Revenue grew 31.1% on a year-over-year basis. Crushed on earnings, missed on revenue and guided lower. But I think the mood of the street was they were going … Continue reading Netflix Beats
FedEx plunges... plunges? I'd guess a 12%+ drop is a plunge, definitely don't want to see it in my portfolio. They reported earnings of $3.05 per share on revenue of $17.0 billion. The consensus earnings estimate was $3.17 per share on revenue of $17.1 billion. Revenue was flatish. The company said it expects fiscal 2020 … Continue reading FedEx is Having a Bad (5) Year(s)
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
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!
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?
Adobe reported 2nd Quarter earnings of $1.83 per share on revenue of $2.7 billion. The consensus earnings estimate was $1.78 per share on revenue of $2.7 billion. Revenue was up 25% year over year. The company said it expects third quarter non-GAAP earnings of approximately $1.95 per share on revenue of approximately $2.80 billion. The … Continue reading No Slow Down at Adobe
Airbus kicked off the 2019 International Paris Air show with the launch of a long-range, single-aisle airliner. They also announced an agreement to sell 100 planes to Air Lease Corporation, a U.S. plane lessor. Virgin Atlantic was also said to order 14 wide-body A330-900s. Airbus also unveiled details of its A321XLR, the next in the … Continue reading Paris Air Show
