Keeping It Simple

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Earnings 5-10-24

HD 5-14 B

CSCO 5-15 A

WMT 5-16 B

ZM 5-20 A

NVDA 5-22 A

AI 5-29 A
PATH 5-29 A

PD 5-30 A

DOCU
FDX
FIZZ
MESA
NKE
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Plug Power (PLUG) reported a loss of $0.43 per share on revenue of $120.26 million for the first quarter ended March 2024. The consensus estimate was a loss of $0.32 per share on revenue of $172.89 million. The company missed consensus estimates by 34.38% while revenue fell 42.81% compared to the same quarter a year ago.

Roblox (RBLX) reported a loss of $0.43 per share on revenue of $801.30 million for the first quarter ended March 2024. The consensus estimate was a loss of $0.53 per share on revenue of $931.05 million. The Earnings Whisper number was a loss of $0.49 per share. The company beat expectations by 12.24% while revenue grew 22.27% on a year-over-year basis.The company said it expects second quarter bookings of $870.0 million to $900.0 million and 2024 bookings of $4.00 billion to $4.10 billion. The company's previous guidance was 2024 bookings of $4.14 billion to $4.28 billion. The current consensus revenue estimate is $943.93 million for the quarter ending June 30, 2024 and revenue of $4.23 billion for the year ending December 31, 2024.

Shopify (SHOP) reported earnings of $0.20 per share on revenue of $1.86 billion for the first quarter ended March 2024. The consensus earnings estimate was $0.17 per share on revenue of $1.84 billion. The Earnings Whisper number was $0.21 per share. The company missed expectations by 4.76% while revenue grew 23.41% on a year-over-year basis.The company said it expects second quarter revenue of approximately $1.99 billion. The current consensus revenue estimate is $2.01 billion for the quarter ending June 30, 2024.

Perion Network (PERI) reported earnings of $0.35 per share on revenue of $157.82 million for the first quarter ended March 2024. The consensus earnings estimate was $0.36 per share on revenue of $156.96 million. The company missed consensus estimates by 2.78% while revenue grew 8.73% on a year-over-year basis.The company said it expects second quarter revenue of $118.0 million to $122.0 million and continues to expect 2024 revenue of $590.0 million to $610.0 million. The current consensus revenue estimate is $118.77 million for the quarter ending June 30, 2024 and revenue of $599.46 million for the year ending December 31, 2024.

Upstart (UPST) reported a loss of $0.31 per share on for the first quarter ended March 2024. The consensus estimate was a loss of $0.39 per share on revenue of $124.82 million. The Earnings Whisper number was a loss of $0.41 per share. The company beat expectations by 24.39%.

BP (BP) reported Q1 underlying earnings Tuesday of $0.97 per American depositary share, down from $1.66 a year earlier.

Rivian Automotive (RIVN) reported a loss of $1.45 per share on for the first quarter ended March 2024. The consensus estimate was a loss of $1.14 per share on revenue of $1.12 billion. The Earnings Whisper number was a loss of $1.10 per share. The company missed expectations by 31.82%.

iRobot (IRBT) reported a loss of $1.53 per share on for the first quarter ended March 2024. The consensus estimate was a loss of $2.39 per share on revenue of $139.45 million. The company beat consensus estimates by 35.98%.

RingCentral (RNG) reported earnings of $0.85 per share on revenue of $584.21 million for the first quarter ended March 2024. The consensus earnings estimate was $0.80 per share on revenue of $577.93 million. The Earnings Whisper number was $0.83 per share. The company beat expectations by 2.41% while revenue grew 9.47% on a year-over-year basis.

Toast (TOST) reported a loss of $0.15 per share on for the first quarter ended March 2024. The consensus estimate was a loss of $0.15 per share on revenue of $1.03 billion. The Earnings Whisper number was a loss of $0.13 per share. The company missed expectations by 15.38%.

Twilio (TWLO) reported earnings of $0.80 per share on for the first quarter ended March 2024. The consensus earnings estimate was $0.59 per share on revenue of $1.03 billion. The Earnings Whisper number was $0.64 per share. The company beat expectations by 25.00%.

Reddit (RDDT) reported a loss of $8.19 per share on for the first quarter ended March 2024. The consensus estimate was a loss of $8.55 per share on revenue of $212.43 million. The company beat consensus estimates by 4.21%.

Walt Disney (DIS) reported earnings of $1.21 per share on revenue of $22.08 billion for the fiscal second quarter ended March 2024. The consensus earnings estimate was $1.12 per share on revenue of $22.11 billion. The Earnings Whisper number was $1.20 per share. The company beat expectations by 0.83% while revenue grew 1.23% on a year-over-year basis.

The company said it expects fiscal 2024 earnings of approximately $4.70 per share. The company's previous guidance was earnings of approximately $4.60 per share and the current consensus earnings estimate is $4.70 per share for the year ending September 30, 2024.

Palantir Technologies (PLTR) reported earnings of $0.08 per share on revenue of $634.34 million for the first quarter ended March 2024. The consensus earnings estimate was $0.08 per share on revenue of $614.88 million. The Earnings Whisper number was $0.09 per share. The company missed expectations by 11.11% while revenue grew 20.78% on a year-over-year basis. The company said it expects second quarter revenue of $649.0 million to $653.0 million and 2024 revenue of $2.677 billion to $2.689 billion. The company's previous guidance was 2024 revenue of $2.652 billion to $2.668 billion and the The current consensus revenue estimate is $642.88 million for the quarter ending June 30, 2024 and revenue of $2.68 billion for the year ending December 31, 2024.

Apple (AAPL) reported earnings of $1.53 per share on revenue of $90.75 billion for the fiscal second quarter ended March 2024. The consensus earnings estimate was $1.51 per share on revenue of $89.79 billion. The Earnings Whisper number was $1.50 per share. The company beat expectations by 2.00% while revenue fell 4.31% compared to the same quarter a year ago.The company said during its conference call it expects third-quarter earnings of $1.28 to $1.34 per share on revenue of approximately $83.84 billion. The current consensus earnings estimate is $1.31 per share on revenue of $82.65 billion for the quarter ending June 30, 2024.

Block (SQ) reported earnings of $0.74 per share on revenue of $5.96 billion for the first quarter ended March 2024. The consensus earnings estimate was $0.72 per share on revenue of $5.73 billion. The Earnings Whisper number was $0.76 per share. The company missed expectations by 2.63% while revenue grew 19.38% on a year-over-year basis.

Rocket Companies (RKT) reported earnings of $0.07 per share on revenue of $1.38 billion for the first quarter ended March 2024. The consensus estimate was a loss of $0.01 per share on revenue of $1.01 billion. The company beat consensus estimates by 800.00% while revenue grew 107.74% on a year-over-year basis.The company said it expects second quarter revenue of $1.075 billion to $1.225 billion. The current consensus revenue estimate is $1.25 billion for the quarter ending June 30, 2024.

QUALCOMM (QCOM) reported earnings of $2.44 per share on revenue of $9.39 billion for the fiscal second quarter ended March 2024. The consensus earnings estimate was $2.31 per share on revenue of $9.32 billion. The Earnings Whisper number was $2.49 per share. The company missed expectations by 2.01% while revenue grew 1.23% on a year-over-year basis.The company said it expects third quarter non-GAAP earnings of $2.15 to $2.35 per share on revenue of $8.80 billion to $9.60 billion. The current consensus earnings estimate is $2.17 per share on revenue of $9.05 billion for the quarter ending June 30, 2024.

Amazon.com (AMZN) reported earnings of $0.98 per share on for the first quarter ended March 2024. The consensus earnings estimate was $0.81 per share on revenue of $142.55 billion. The Earnings Whisper number was $0.90 per share. The company beat expectations by 8.89%.The company said it expects second quarter revenue of $144.0 billion to $149.0 billion. The current consensus revenue estimate is $150.22 billion for the quarter ending June 30, 2024.

Starbucks (SBUX) reported earnings of $0.68 per share on for the fiscal second quarter ended March 2024. The consensus earnings estimate was $0.79 per share on revenue of $9.17 billion. The Earnings Whisper number was $0.80 per share. The company missed expectations by 15.00%.

Supermicro (SMCI) reported earnings of $6.65 per share on for the fiscal third quarter ended March 2024. The consensus earnings estimate was $5.79 per share on revenue of $4.01 billion. The Earnings Whisper number was $6.00 per share. The company beat expectations by 10.83%.The company said it expects fourth quarter earnings of $7.62 to $8.42 per share on revenue of $5.10 billion to $5.50 billion. The current consensus earnings estimate is $6.99 per share on revenue of $4.91 billion for the quarter ending June 30, 2024.

3M (MMM) reported earnings of $2.39 per share on revenue of $8.00 billion for the first quarter ended March 2024. The consensus earnings estimate was $2.08 per share on revenue of $7.64 billion. The Earnings Whisper number was $2.14 per share. The company beat expectations by 11.68% while revenue fell 0.35% compared to the same quarter a year ago.The company said it expects 2024 earnings of $6.80 to $7.30 per share, with the spin-off of Solventum. The current consensus earnings estimate is $8.19 per share for the year ending December 31, 2024.

PayPal (PYPL) reported earnings of $1.40 per share on revenue of $7.70 billion for the first quarter ended March 2024. The consensus earnings estimate was $1.24 per share on revenue of $7.50 billion. The Earnings Whisper number was $1.26 per share. The company beat expectations by 11.11% while revenue grew 9.36% on a year-over-year basis.The company said it expects second quarter earnings of approximately $0.98 per share and 2024 earnings of $3.98 to $4.17 per share, using its new Non-GAAP metholdolgy. The current consensus estimate is earnings of $0.93 per share for the quarter ending June 30, 2024 and earnings of $4.02 per share for the year ending December 31, 2024.

Coca-Cola (KO) reported earnings of $0.72 per share on revenue of $11.30 billion for the first quarter ended March 2024. The consensus earnings estimate was $0.69 per share on revenue of $10.95 billion. The Earnings Whisper number was $0.71 per share. The company beat expectations by 1.41% while revenue grew 2.91% on a year-over-year basis.The company said it continues to expect 2024 earnings of $2.80 to $2.82 per share. The current consensus earnings estimate is $2.81 per share for the year ending December 31, 2024.

McDonalds (MCD) reported earnings of $2.70 per share on revenue of $6.17 billion for the first quarter ended March 2024. The consensus earnings estimate was $2.71 per share on revenue of $6.17 billion. The Earnings Whisper number was $2.80 per share. The company missed expectations by 3.57% while revenue grew 4.60% on a year-over-year basis.

Transocean (RIG) reported a loss of $0.03 per share on revenue of $763.00 million for the first quarter ended March 2024. The consensus estimate was a loss of $0.13 per share on revenue of $779.56 million. The Earnings Whisper number was a loss of $0.09 per share. The company beat expectations by 66.67% while revenue grew 17.57% on a year-over-year basis.

Rambus (RMBS) reported earnings of $0.30 per share on revenue of $117.87 million for the first quarter ended March 2024. The consensus earnings estimate was $0.44 per share on revenue of $132.00 million. The Earnings Whisper number was $0.47 per share. The company missed expectations by 36.17% while revenue grew 3.61% on a year-over-year basis.The company said it expects second quarter revenue of $130.0 million to $148.0 million. The current consensus revenue estimate is $138.70 million for the quarter ending June 30, 2024.

Roper Technologies (ROP) reported earnings of $4.41 per share on revenue of $1.68 billion for the first quarter ended March 2024. The consensus earnings estimate was $4.34 per share on revenue of $1.65 billion. The company beat consensus estimates by 1.61% while revenue grew 14.36% on a year-over-year basis.The company said it expects second quarter earnings of $4.42 to $4.46 per share and now expects 2024 earnings of $18.05 to $18.25 per share. The company's previous guidance was 2024 earnings of $17.85 to $18.15 per share. The current consensus estimate is earnings of $4.46 per share for the quarter ending June 30, 2024 and earnings of $18.08 per share for the year ending December 31, 2024.

Chevron (CVX) reported earnings of $2.93 per share on revenue of $48.72 billion for the first quarter ended March 2024. The consensus earnings estimate was $2.84 per share on revenue of $51.17 billion. The Earnings Whisper number was $3.06 per share. The company missed expectations by 4.25% while revenue fell 4.09% compared to the same quarter a year ago.

Snap (SNAP) reported earnings of $0.03 per share on for the first quarter ended March 2024. The consensus estimate was a loss of $0.04 per share on revenue of $1.12 billion. The Earnings Whisper number was a loss of $0.01 per share. The company beat expectations by 400.00%.The company said it expects second quarter revenue of $1.225 billion to $1.255 billion. The current consensus revenue estimate is $1.21 billion for the quarter ending June 30, 2024.

Microsoft (MSFT) reported earnings of $2.94 per share on revenue of $61.86 billion for the fiscal third quarter ended March 2024. The consensus earnings estimate was $2.81 per share on revenue of $60.77 billion. The Earnings Whisper number was $2.91 per share. The company beat expectations by 1.03% while revenue grew 17.03% on a year-over-year basis.

Alphabet (GOOGL) reported earnings of $1.89 per share on revenue of $80.54 billion for the first quarter ended March 2024. The consensus earnings estimate was $1.49 per share on revenue of $78.61 billion. The Earnings Whisper number was $1.55 per share. The company beat expectations by 21.94% while revenue grew 15.41% on a year-over-year basis.

Intel (INTC) reported earnings of $0.18 per share on revenue of $12.72 billion for the first quarter ended March 2024. The consensus earnings estimate was $0.11 per share on revenue of $12.77 billion. The Earnings Whisper number was $0.15 per share. The company beat expectations by 20.00% while revenue grew 8.61% on a year-over-year basis.The company said it expects second quarter non-GAAP earnings of approximately $0.10 per share on revenue of $12.50 billion to $13.50 billion. The current consensus earnings estimate is $0.25 per share on revenue of $13.60 billion for the quarter ending June 30, 2024.

Roku (ROKU) reported a loss of $0.35 per share on revenue of $881.47 million for the first quarter ended March 2024. The consensus estimate was a loss of $0.64 per share on revenue of $850.97 million. The Earnings Whisper number was a loss of $0.56 per share. The company beat expectations by 37.50% while revenue grew 18.96% on a year-over-year basis.

Teradyne (TER) reported earnings of $0.51 per share on revenue of $599.82 million for the first quarter ended March 2024. The consensus earnings estimate was $0.33 per share on revenue of $566.46 million. The Earnings Whisper number was $0.37 per share. The company beat expectations by 37.84% while revenue fell 2.87% compared to the same quarter a year ago.The company said it expects second quarter earnings of $0.64 to $0.84 per share on revenue of $665.0 million to $725.0 million. The current consensus earnings estimate is $0.66 per share on revenue of $635.91 million for the quarter ending June 30, 2024.

Ford Motor (F) reported earnings of $0.49 per share on for the first quarter ended March 2024. The consensus earnings estimate was $0.42 per share on revenue of $40.64 billion. The Earnings Whisper number was $0.48 per share. The company beat expectations by 2.08%.

Meta Platforms (META) reported earnings of $4.71 per share on for the first quarter ended March 2024. The consensus earnings estimate was $4.32 per share on revenue of $36.15 billion. The Earnings Whisper number was $4.51 per share. The company beat expectations by 4.43%.

AT&T (T) reported earnings of $0.55 per share on revenue of $30.03 billion for the first quarter ended March 2024. The consensus earnings estimate was $0.53 per share on revenue of $30.54 billion. The Earnings Whisper number was $0.53 per share. The company beat expectations by 3.77% while revenue fell 0.37% compared to the same quarter a year ago.The company said it continues to expect 2024 earnings of $2.15 to $2.25 per share. The current consensus earnings estimate is $2.21 per share for the year ending December 31, 2024.

RTX (RTX) reported earnings of $1.34 per share on revenue of $19.31 billion for the first quarter ended March 2024. The consensus earnings estimate was $1.23 per share on revenue of $18.41 billion. The Earnings Whisper number was $1.26 per share. The company beat expectations by 6.35% while revenue grew 12.15% on a year-over-year basis.The company said it continues to expect 2024 earnings of $5.25 to $5.40 per share on revenue of $78.0 billion to $79.0 billion. The current consensus earnings estimate is $5.39 per share on revenue of $78.6 billion for the year ending December 31, 2024.

Tesla (TSLA) reported earnings of $0.45 per share on revenue of $21.30 billion for the first quarter ended March 2024. The consensus earnings estimate was $0.49 per share on revenue of $22.71 billion. The Earnings Whisper number was $0.41 per share. The company beat expectations by 9.76% while revenue fell 8.69% compared to the same quarter a year ago.

Netflix (NFLX) reported earnings of $5.28 per share on revenue of $9.37 billion for the first quarter ended March 2024. The consensus earnings estimate was $4.51 per share on revenue of $9.25 billion. The Earnings Whisper number was $4.61 per share. The company beat expectations by 14.53% while revenue grew 14.81% on a year-over-year basis.The company said it expects second quarter earnings of approximately $4.68 per share on revenue of approximately $9.49 billion. The current consensus earnings estimate is $4.53 per share on revenue of $9.53 billion for the quarter ending June 30, 2024.