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
Expecting the S&P 500 Index to build on Monday’s 0.8% advance through the rest of this quarter may be wishful thinking, based on history. The index had its worst performance in the third quarter between 1980 and 2018. Gains in the third quarter averaged 0.3%, far below the comparable figures of 2.6% for the first … Continue reading Earnings
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
Probably should have! Broadcom's predictions seem to be at odds with the rest of the semi industry. Most chip companies lowered full year guidance last quarter, Broadcom maintained their guidance. Then after other chip companies are predicting a 2nd half recovery, Broadcom today reduces their full year revenue guidance. Perhaps to be in line with … Continue reading Could You See Broadcom’s Miss Coming?