Pinterest is down big this morning after issuing weaker than expected guidance on future revenue. The company expects 2019 revenue of $1.055 billion to $1.080 billion. The estimates were for $1.09 billion. They did beat on current revenue, but I guess missed on earnings... they reported a loss of $0.33 per share on revenue of … Continue reading PINS and NVDAs…. and Applied Materials
Cisco Systems reported 3rd Quarter April 2019 earnings of $0.78 per share on revenue of $13.0 billion. The consensus earnings estimate was $0.77 per share on revenue of $12.9 billion. Revenue grew 4.0% on a year-over-year basis. Cisco expects fourth quarter earnings of $0.80 to $0.82 per share on revenue of $13.42 billion to $13.68 … Continue reading Cisco Beats
The Trade Desk reported $0.49 per share handily beating estimates of $0.25 a share. Revenue also beat, $121 million vs $117 million expected. Revenue grew 41.2% year over year. They also raised guidance! The company said it expects second quarter revenue of approximately $154.0 million and now expects 2019 revenue of at least $645.0 million. … Continue reading The Trade Desk… Not a Good Day to be in Bed with China
Lyft reported a meager loss of $47.13 per share on revenue of $776 million. Yes the decimal is in the right place. I had to double and triple check that! The consensus was for a loss of $4.74 per share on revenue of $744.1 million. So They beat on revenue at least, but those losses... … Continue reading Lyft Falls
Arista Networks reported $2.26 per share on revenue of $595.4 M beating estimates of $2.07 per share on revenue of $594.2 M. Revenue rose 26% year over year. All well and good on the earnings, but then they lowered guidance. Second quarter revenue is now expected between $600-610 M, barely rising over first quarter and … Continue reading Earnings Fallout
eBay exceeded analysts' expectations, reporting $0.67 per share on revenue of $2.6 billion. Analysts predicted $0.63 per share on revenue of $2.58 billion. Although they beat, and are up 3.5% premarket, the company's full year growth is only expected to be between two and three percent. Definitely not the growth company of the past. Barring … Continue reading eBay, Anadarko & Zoom
Twitter reported $0.37 per share almost 150% higher than the $0.15 estimate. Revenues came in higher as well, $786.89 M vs $774.86 M. Daily active users increased 11% over the last year to 134 million. In the fourth quarter this number was 126 million globally. Monthly active users increased to 330 million from 321 million … Continue reading Twitter Crushes
Will be a busy week, over 140 S&P companies and 12 dow stocks are posting. Today's earnings of interest(to me at least)... Halliburton Est $0.23, met, Est Revenue $5.54 B vs $5.74 B actualW.W. Grainger Est $4.42 vs $4.51 actual, Est Revenue $2.89 B vs $2.80 B actualKimberly-Clark Est $1.54 vs $1.66 actual, Est Revenue … Continue reading Earnings week of 04/22/2019
