Earnings updated 3-1-24
CHPT 3-5 A
DOCU 3-7 A
PATH 3-13 A
BLNK 3-14 A
PD 3-14 A
NKE 3-21 A
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Plug Power Inc (NASDAQ:PLUG) reported fiscal 2023 net revenue growth of 27.1% year-over-year to $891.234 million, missing the consensus of $900.29 million. Net loss per share was $(2.30), below the consensus of $(1.61).PLUG stated that the incremental loss was primarily driven by increased investments in growth and expansion and the varied non-cash charges recorded in the quarter.
Operating loss for the fiscal expanded to $(1.343) billion from $(679.55) million in 2022.Plug Power wrote down certain assets, which resulted in non-cash charges recorded in the fourth quarter of ~$325 million.Net cash used in operating activities for the fiscal totaled $(1.106) billion, compared to $(828.62) million a year ago.PLUG held cash and cash equivalents of $1.169 billion as of December 31, 2023.
Stem (STEM) reported a loss of $0.21 per share on revenue of $167.42 million for the fourth quarter ended December 2023. The consensus estimate was a loss of $0.12 per share on revenue of $254.23 million. The Earnings Whisper number was a loss of $0.16 per share. The company missed expectations by 31.25% while revenue grew 7.71% on a year-over-year basis.The company said it expects 2024 revenue of $600.0 million to $700.0 million. The current consensus revenue estimate is $786.78 million for the year ending December 31, 2024.
Rivian Automotive (RIVN) reported a loss of $1.23 per share on revenue of $1.32 billion for the fourth quarter ended December 2023. The consensus estimate was a loss of $1.32 per share on revenue of $1.26 billion. The Earnings Whisper number was a loss of $1.28 per share. The company beat expectations by 3.91% while revenue grew 98.34% on a year-over-year basis.
Stem (STEM) reported a loss of $0.21 per share on revenue of $167.42 million for the fourth quarter ended December 2023. The consensus estimate was a loss of $0.12 per share on revenue of $254.23 million. The Earnings Whisper number was a loss of $0.16 per share. The company missed expectations by 31.25% while revenue grew 7.71% on a year-over-year basis.The company said it expects 2024 revenue of $600.0 million to $700.0 million. The current consensus revenue estimate is $786.78 million for the year ending December 31, 2024.
C3.ai, Inc. (AI) reported a loss of $0.13 per share on revenue of $78.40 million for the fiscal third quarter ended January 2024. The consensus estimate was a loss of $0.28 per share on revenue of $75.92 million. The Earnings Whisper number was a loss of $0.21 per share. The company beat expectations by 38.10% while revenue grew 17.60% on a year-over-year basis.The company said it expects fourth quarter revenue of $82.0 million to $86.0 million. The current consensus revenue estimate is $84.08 million for the quarter ending April 30, 2024.
Leonardo DRS (DRS) reported earnings of $0.31 per share on revenue of $926.00 million for the fourth quarter ended December 2023. The consensus earnings estimate was $0.30 per share on revenue of $882.17 million. The Earnings Whisper number was $0.32 per share. The company missed expectations by 3.13% while revenue grew 12.93% on a year-over-year basis.The company said it expects 2024 earnings of $0.74 to $0.82 per share on revenue of $2.925 billion to $3.025 billion. The current consensus earnings estimate is $0.84 per share on revenue of $2.97 billion for the year ending December 31, 2024.
iRobot (IRBT) reported a loss of $2.18 per share on revenue of $307.54 million for the . The consensus revenue estimate was revenue of $307.99 million. Revenue fell 14.06% compared to the same quarter a year ago.The company said it expects a 2024 non-GAAP loss of $3.73 to $3.30 per share on revenue of $825.0 million to $865.0 million. The current consensus estimate is a loss of $2.49 per share on revenue of $865.02 million for the year ending December 31, 2024.
Zoom Video Communications (ZM) reported earnings of $1.42 per share on revenue of $1.15 billion for the . The consensus earnings estimate was $1.15 per share on revenue of $1.13 billion. The Earnings Whisper number was $1.21 per share. The company beat expectations by 17.36% while revenue grew 2.56% on a year-over-year basis. The company said it expects first quarter non-GAAP earnings of $1.18 to $1.20 per share on revenue of approximately $1.125 billion. The current consensus earnings estimate is $1.13 per share on revenue of $1.13 billion for the quarter ending April 30, 2024. The company said it expects fiscal 2025 non-GAAP earnings of $4.85 to $4.88 per share on revenue of approximately $4.60 billion. The current consensus earnings estimate is $4.71 per share on revenue of $4.65 billion for the year ending January 31, 2025.
Block (SQ) reported earnings of $0.45 per share on revenue of $5.77 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $0.62 per share on revenue of $5.70 billion. The Earnings Whisper number was $0.68 per share. The company missed expectations by 33.82% while revenue grew 24.13% on a year-over-year basis.
Rocket Companies (RKT) reported a loss of $0.06 per share on revenue of $693.81 million for the fourth quarter ended December 2023. The consensus estimate was a loss of $0.07 per share on revenue of $769.00 million. The company beat consensus estimates by 14.29% while revenue grew 44.30% on a year-over-year basis.The company said it expects first quarter revenue of $925.0 million to $1.075 billion. The current consensus revenue estimate is $929.87 million for the quarter ending March 31, 2024.
(Digital Ocean)DOCN Revenue for the quarter ended Dec. 31 was $180.9 million, up from $163 million a year earlier.
Analysts surveyed by Capital IQ estimated $178.4 million.For Q1, the company said it expects non-GAAP net income of $0.37 to $0.39 per diluted share on revenue of $182 million to $183 million. Analysts polled by Capital IQ expect earnings of $0.38 on revenue of $182.5 million. For 2024, the company said it expects non-GAAP net income of $1.60 to $1.67 per diluted share on revenue of $755 million to $775 million. Analysts surveyed by Capital IQ expect earnings of $1.64 on revenue of $766.6 million.
NVIDIA (NVDA) reported earnings of $5.16 per share on revenue of $22.10 billion for the fiscal fourth quarter ended January 2024. The consensus earnings estimate was $4.56 per share on revenue of $20.24 billion. The Earnings Whisper number was $4.67 per share. The company beat expectations by 10.49% while revenue grew 265.28% on a year-over-year basis.The company said it expects first-quarter non-GAAP earnings of $5.18 to $5.64 per share on revenue of $23.52 billion to $24.48 billion. The current consensus earnings estimate is $5.00 per share on revenue of $22.17 billion for the quarter ending April 30, 2024.
RingCentral (RNG) reported earnings of $0.86 per share on for the fourth quarter ended December 2023. The consensus earnings estimate was $0.82 per share on revenue of $569.65 million. The Earnings Whisper number was $0.83 per share. The company beat expectations by 3.61%.The company said it expects first quarter non-GAAP earnings of $0.79 to $0.80 per share on revenue of $575.0 million to $580.0 million. The current consensus earnings estimate is $0.79 per share on revenue of $580.35 million for the quarter ending March 31, 2024. The company said it expects 2024 non-GAAP earnings of $3.50 to $3.58 per share on revenue of $2.37 billion to $2.395 billion. The current consensus earnings estimate is $3.48 per share on revenue of $2.40 billion for the year ending December 31, 2024.
Transocean (RIG) reported a loss of $0.09 per share on revenue of $741.00 million for the fourth quarter ended December 2023. The consensus estimate was a loss of $0.22 per share on revenue of $760.58 million. The Earnings Whisper number was a loss of $0.23 per share. The company beat expectations by 60.87% while revenue grew 22.28% on a year-over-year basis.
Trade Desk (TTD) reported earnings of $0.41 per share on revenue of $605.80 million for the fourth quarter ended December 2023. The consensus earnings estimate was $0.44 per share on revenue of $581.94 million. The Earnings Whisper number was $0.47 per share. The company missed expectations by 12.77% while revenue grew 23.45% on a year-over-year basis.The company said it expects first quarter revenue of at least $478.0 million. The current consensus revenue estimate is $451.63 million for the quarter ending March 31, 2024.
Roku (ROKU) reported a loss of $0.55 per share on revenue of $984.43 million for the fourth quarter ended December 2023. The consensus estimate was a loss of $0.65 per share on revenue of $959.66 million. The Earnings Whisper number was a loss of $0.49 per share. The company missed expectations by 12.24% while revenue grew 13.54% on a year-over-year basis.The company said in its shareholders letter it expects first quarter revenue of approximately $850.0 million. The current consensus revenue estimate is $823.96 million for the quarter ending March 31, 2024.
Toast (TOST) reported a loss of $0.07 per share on revenue of $1.04 billion for the fourth quarter ended December 2023. The consensus estimate was a loss of $0.11 per share on revenue of $1.01 billion. The Earnings Whisper number was a loss of $0.08 per share. The company beat expectations by 12.50% while revenue grew 34.72% on a year-over-year basis.
Twilio (TWLO) reported earnings of $0.86 per share on revenue of $1.08 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $0.58 per share on revenue of $1.04 billion. The Earnings Whisper number was $0.66 per share. The company beat expectations by 30.30% while revenue grew 5.01% on a year-over-year basis.The company said it expects first quarter non-GAAP earnings of $0.56 to $0.60 per share on revenue of $1.025 billion to $1.035 billion. The current consensus earnings estimate is $0.54 per share on revenue of $1.05 billion for the quarter ending March 31, 2024.
Shopify (SHOP) reported earnings of $0.34 per share on revenue of $2.14 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $0.31 per share on revenue of $2.08 billion. The Earnings Whisper number was $0.38 per share. The company missed expectations by 10.53% while revenue grew 23.58% on a year-over-year basis.
Upstart (UPST) reported a loss of $0.11 per share on revenue of $140.31 million for the fourth quarter ended December 2023. The consensus estimate was a loss of $0.14 per share on revenue of $135.28 million. The Earnings Whisper number was a loss of $0.12 per share. The company beat expectations by 8.33% while revenue fell 4.49% compared to the same quarter a year ago.The company said it expects first quarter revenue of approximately $125.0 million. The current consensus revenue estimate is $141.18 million for the quarter ending March 31, 2024.
Airbnb (ABNB) reported earnings of $0.76 per share on revenue of $2.22 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $0.67 per share on revenue of $2.16 billion. The Earnings Whisper number was $0.72 per share. The company beat expectations by 5.56% while revenue grew 16.61% on a year-over-year basis.The company said in its shareholders letter it expects first quarter revenue of $2.03 billion to $2.075 billion. The current consensus revenue estimate is $2.03 billion for the quarter ending March 31, 2024.
Kratos Defense & Security Solutions (KTOS) reported earnings of $0.12 per share on revenue of $273.80 million for the fourth quarter ended December 2023. The consensus earnings estimate was $0.10 per share on revenue of $254.40 million. The Earnings Whisper number was $0.11 per share. The company beat expectations by 9.09% while revenue grew 9.83% on a year-over-year basis.The company said it expects first quarter revenue of $240.0 million to $260.0 million and 2024 revenue of $1.125 billion to $1.150 billion. The current consensus revenue estimate is $253.31 million for the quarter ending March 31, 2024 and revenue of $1.11 billion for the year ending December 31, 2024.
Pinterest (PINS) reported earnings of $0.53 per share on for the fourth quarter ended December 2023. The consensus earnings estimate was $0.51 per share on revenue of $988.18 million. The Earnings Whisper number was $0.56 per share. The company missed expectations by 5.36%.The company said it expects first quarter revenue of $690.0 million to $705.0 million. The current consensus revenue estimate is $699.58 million for the quarter ending March 31, 2024.
Roblox (RBLX) reported a loss of $0.52 per share on revenue of $749.94 million for the fourth quarter ended December 2023. The consensus estimate was a loss of $0.57 per share on revenue of $1.07 billion. The Earnings Whisper number was a loss of $0.54 per share. The company beat expectations by 3.70% while revenue grew 29.52% on a year-over-year basis.The company said it expects first quarter bookings of $910.0 million to $940.0 million and 2024 bookings of $4.14 billion to $4.28 billion. The current consensus revenue estimate is $907.23 million for the quarter ending March 31, 2024 and $4.03 billion for the year ending December 31, 2024.
Walt Disney (DIS) reported earnings of $1.22 per share on revenue of $23.55 billion for the fiscal first quarter ended December 2023. The consensus earnings estimate was $0.97 per share on revenue of $23.47 billion. The Earnings Whisper number was $1.07 per share. The company beat expectations by 14.02% while revenue grew 0.16% on a year-over-year basis.
PayPal (PYPL) reported earnings of $1.48 per share on revenue of $8.03 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $1.36 per share on revenue of $7.87 billion. The Earnings Whisper number was $1.40 per share. The company beat expectations by 5.71% while revenue grew 8.71% on a year-over-year basis. The company said it expects first quarter earnings of approximately $1.23 per share and 2024 earnings of approximately $5.10 per share. The current consensus estimate is earnings of $1.27 per share for the quarter ending March 31, 2024 and earnings of $5.49 per share for the year ending December 31, 2024.
BP Reports Q4 (Dec) earnings of $1.07 per share, $0.11 better than the FactSet Consensus of $0.96; revenues fell 24.7% year/year to $52.14 bln vs the $53.14 bln FactSet Consensus.Operating cash flow in the quarter of $9.4 billion includes a working capital* release (after adjusting for inventory holding losses, fair value accounting effects and other adjusting items) of $2.1 billion (see page 28).Capital expenditure in the fourth quarter was $4.7 billion and total 2023 capital expenditure, including inorganic capital expenditure* was $16.3 billion.Growing shareholder distributions: Dividend per ordinary share 7.270 cents per share +10% versus 4Q22; 4Q23 $1.75bn share buyback announced; committed to announcing $3.5bn share buyback for the first half of 2024
Palantir Technologies (PLTR) reported earnings of $0.08 per share on revenue of $608.35 million for the fourth quarter ended December 2023. The consensus earnings estimate was $0.08 per share on revenue of $602.55 million. The Earnings Whisper number was $0.08 per share. The company reported in-line with expectations while revenue grew 19.61% on a year-over-year basis.The company said it expects first quarter revenue of $612.0 million to $616.0 million and 2024 revenue of $2.652 billion to $2.668 billion. The current consensus revenue estimate is $615.50 million for the quarter ending March 31, 2024 and revenue of $2.66 billion for the year ending December 31, 2024.
Amazon.com (AMZN) reported earnings of $1.00 per share on for the fourth quarter ended December 2023. The consensus earnings estimate was $0.81 per share on revenue of $166.04 billion. The Earnings Whisper number was $0.88 per share. The company beat expectations by 13.64%.The company said it expects first quarter revenue of $138.0 billion to $143.5 billion. The current consensus revenue estimate is $142.21 billion for the quarter ending March 31, 2024.
Meta Platforms (META) reported earnings of $5.33 per share on for the fourth quarter ended December 2023. The consensus earnings estimate was $4.82 per share on revenue of $38.82 billion. The Earnings Whisper number was $5.00 per share. The company beat expectations by 6.60%.The company said it expects first quarter revenue of $34.50 billion to $37.00 billion. The current consensus revenue estimate is $33.72 billion for the quarter ending March 31, 2024.
QUALCOMM (QCOM) reported earnings of $2.75 per share on revenue of $9.94 billion for the fiscal first quarter ended December 2023. The consensus earnings estimate was $2.37 per share on revenue of $9.51 billion. The Earnings Whisper number was $2.45 per share. The company beat expectations by 12.24% while revenue grew 4.99% on a year-over-year basis.The company said it expects second quarter non-GAAP earnings of $2.20 to $2.40 per share on revenue of $8.90 billion to $9.70 billion. The current consensus earnings estimate is $2.25 per share on revenue of $9.29 billion for the quarter ending March 31, 2024.
Teradyne (TER) beats by $0.07, reports revs in-line; guides Q1 EPS below consensus, revs below consensus Reports Q4 (Dec) earnings of $0.79 per share, excluding non-recurring items, $0.07 better than the FactSet Consensus of $0.72; revenues fell 8.4% year/year to $670.6 mln vs the $674.99 mln FactSet Consensus. Co issues downside guidance for Q1, sees EPS of $0.22-0.38, excluding non-recurring items, vs. $0.54 FactSet Consensus; sees Q1 revs of $540-590 mln vs. $625.49 mln FactSet Consensus."Looking into the new year, we expect low tester utilization will impact demand in the first half of the year but anticipate the full year Semiconductor test demand to incrementally improve from 2023. In Robotics, after expected seasonal weakness in Q1, we project consistent quarterly growth powered by new products, new applications and improvements in our global distribution channels."
Alphabet (GOOGL) reported earnings of $1.64 per share on revenue of $86.31 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $1.60 per share on revenue of $85.26 billion. The Earnings Whisper number was $1.68 per share. The company missed expectations by 2.38% while revenue grew 13.49% on a year-over-year basis.
Starbucks (SBUX) reported earnings of $0.90 per share on revenue of $9.43 billion for the fiscal first quarter ended December 2023. The consensus earnings estimate was $0.92 per share on revenue of $9.65 billion. The Earnings Whisper number was $0.95 per share. The company missed expectations by 5.26% while revenue grew 8.16% on a year-over-year basis.
Alaska Air Group (ALK) reported earnings of $0.30 per share on revenue of $2.55 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $0.18 per share on revenue of $2.55 billion. The Earnings Whisper number was $0.15 per share. The company beat expectations by 100.00% while revenue grew 2.99% on a year-over-year basis.
Tesla (TSLA) reported earnings of $0.71 per share on for the fourth quarter ended December 2023. The consensus earnings estimate was $0.74 per share on revenue of $23.17 billion. The Earnings Whisper number was $0.77 per share. The company missed expectations by 7.79%
AT&T (T) reported earnings of $0.54 per share on revenue of $32.02 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $0.55 per share on revenue of $28.68 billion. The Earnings Whisper number was $0.57 per share. The company missed expectations by 5.26% while revenue grew 2.17% on a year-over-year basis.The company said it expects 2024 earnings of $2.15 to $2.25 per share, including items of $0.32 per share. The current consensus earnings estimate is $2.46 per share for the year ending December 31, 2024.
Netflix (NFLX) reported earnings of $2.11 per share on revenue of $8.83 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $2.20 per share on revenue of $8.71 billion. The Earnings Whisper number was $2.28 per share. The company missed expectations by 7.46% while revenue grew 12.49% on a year-over-year basis.The company said it expects first quarter earnings of approximately $4.49 per share on revenue of approximately $9.24 billion. The current consensus earnings estimate is $4.00 per share on revenue of $9.26 billion for the quarter ending March 31, 2024.
3M (MMM) reported earnings of $2.42 per share on revenue of $8.01 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $2.31 per share on revenue of $7.02 billion. The Earnings Whisper number was $2.35 per share. The company beat expectations by 2.98% while revenue fell 0.82% compared to the same quarter a year ago.The company said it expects 2024 earnings of $9.35 to $9.75 per share. The current consensus earnings estimate is $9.90 per share for the year ending December 31, 2024.
RTX (RTX) reported earnings of $1.29 per share on revenue of $19.93 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $1.25 per share on revenue of $19.83 billion. The Earnings Whisper number was $1.30 per share. The company missed expectations by 0.77% while revenue grew 10.14% on a year-over-year basis.The company said it expects 2024 earnings of $5.25 to $5.40 per share on revenue of $78.0 billion to $79.00 billion. The current consensus earnings estimate is $5.40 per share on revenue of $79.32 billion for the year ending December 31, 2024.
AI
