Earnings updated 8-7-23
UA 8-8 B
UPST 8-8 A
TWLO 8-8 A
KIND 8-8 A
LDI 8-8 A
RBLX 8-9 B
MESA 8-9 A
HIMX 8-10 B
SIX 8-10 B
ZM 8-21 A
DOCU
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Palantir Technologies (PLTR) reported earnings of $0.05 per share on revenue of $533.32 million for the second quarter ended June 2023. The consensus earnings estimate was $0.05 per share on revenue of $530.63 million. The Earnings Whisper number was $0.06 per share. The company missed expectations by 16.67% while revenue grew 12.75% on a year-over-year basis.The company said it expects third quarter revenue of $553.0 million to $557.0 million. The current consensus revenue estimate is $551.26 million for the quarter ending September 30, 2023. The company also said it now expects 2023 revenue to be in excess of $2.212 billion. The company's previous guidance was revenue of $2.185 billion to $2.235 billion and the current consensus revenue estimate is $2.21 billion for the year ending December 31, 2023.
RingCentral (RNG) reported earnings of $0.83 per share on revenue of $539.31 million for the second quarter ended June 2023. The consensus earnings estimate was $0.75 per share on revenue of $536.19 million. The Earnings Whisper number was $0.77 per share. The company beat expectations by 7.79% while revenue grew 10.76% on a year-over-year basis.The company said it expects third-quarter non-GAAP earnings of $0.75 to $0.78 per share on revenue of $552.0 million to $556.0 million. The current consensus earnings estimate is $0.82 per share on revenue of $553.71 million for the quarter ending September 30, 2023. The company also said it now expects 2023 non-GAAP earnings of $3.11 to $3.25 per share and continues to expect revenue of $2.187 billion to $2.205 billion. The company's previous guidance was earnings of $3.19 to $3.25 per share, and the current consensus earnings estimate is $3.23 per share on revenue of $2.20 billion for the year ending December 31, 2023.
Portillos (PTLO) reported earnings of $0.12 per share on revenue of $169.18 million for the second quarter ended June 2023. The consensus earnings estimate was $0.14 per share on revenue of $169.26 million. The company missed consensus estimates by 14.29% while revenue grew 12.32% on a year-over-year basis.
Block (SQ) reported earnings of $0.39 per share on revenue of $5.53 billion for the second quarter ended June 2023. The consensus earnings estimate was $0.37 per share on revenue of $5.10 billion. The Earnings Whisper number was $0.39 per share. The company reported in-line with expectations while revenue grew 25.67% on a year-over-year basis.
Apple (AAPL) reported earnings of $1.26 per share on revenue of $81.80 billion for the fiscal third quarter ended June 2023. The consensus earnings estimate was $1.19 per share on revenue of $72.81 billion. The Earnings Whisper number was $1.24 per share. The company beat expectations by 1.61% while revenue fell 1.40% compared to the same quarter a year ago.The company said during its conference call it expects fourth quarter revenue to decline approximately 1.4% year-over-year, to approximately $88.88 billion, and sees gross margins of 44.0% to 45.0%, which calculates to earnings of $1.34 to $1.40 per share. The consensus earnings estimate is $1.37 per share on revenue of $90.19 billion for the September 30, 2023 quarter.
Southwestern Energy (SWN) reported earnings of $0.09 per share on revenue of $1.27 billion for the second quarter ended June 2023. The consensus earnings estimate was $0.07 per share on revenue of $1.31 billion. The company beat consensus estimates by 28.57% while revenue fell 69.33% compared to the same quarter a year ago.
Airbnb (ABNB) reported earnings of $0.98 per share on revenue of $2.48 billion for the second quarter ended June 2023. The consensus earnings estimate was $0.77 per share on revenue of $2.15 billion. The Earnings Whisper number was $0.80 per share. The company beat expectations by 22.50% while revenue grew 18.05% on a year-over-year basis.The company said in its shareholders letter it expects third quarter revenue of $3.30 billion to $3.40 billion. The current consensus revenue estimate is $2.86 billion for the quarter ending September 30, 2023.
Amazon.com (AMZN) reported earnings of $0.63 per share on revenue of $134.38 billion for the second quarter ended June 2023. The consensus earnings estimate was $0.34 per share on revenue of $131.42 billion. The Earnings Whisper number was $0.40 per share. The company beat expectations by 57.50% while revenue grew 10.85% on a year-over-year basis.The company said it expects third quarter revenue of $138.0 billion to $143.0 billion. The current consensus revenue estimate is $138.05 billion for the quarter ending September 30, 2023.
Rocket Companies (RKT) reported a loss of $0.02 per share on revenue of $1.24 billion for the second quarter ended June 2023. The consensus estimate was a loss of $0.04 per share on revenue of $990.93 million. The Earnings Whisper number was a loss of $0.05 per share. The company beat expectations by 60.00% while revenue fell 11.22% compared to the same quarter a year ago.
The company said it expects third quarter revenue of $850.0 million to $1.00 billion. The current consensus revenue estimate is $1.01 billion for the quarter ending September 30, 2023.
Shopify (SHOP) reported earnings of $0.14 per share on revenue of $1.69 billion for the second quarter ended June 2023. The consensus earnings estimate was $0.04 per share on revenue of $1.62 billion. The Earnings Whisper number was $0.07 per share. The company beat expectations by 100.00% while revenue grew 30.80% on a year-over-year basis.The company said it expects third quarter revenue of approximately $1.68 billion. The current consensus revenue estimate is $1.60 billion for the quarter ending September 30, 2023.
PayPal (PYPL) reported earnings of $1.16 per share on revenue of $7.29 billion for the second quarter ended June 2023. The consensus earnings estimate was $1.16 per share on revenue of $7.27 billion. The Earnings Whisper number was $1.19 per share. The company missed expectations by 2.52% while revenue grew 7.07% on a year-over-year basis.The company said it expects third-quarter non-GAAP earnings of $1.22 to $1.24 per share on revenue of approximately $7.40 billion. The current consensus earnings estimate is $1.22 per share on revenue of $7.32 billion for the quarter ending September 30, 2023. The company also said it continues to expect 2023 non-GAAP earnings of approximately $4.95 per share. The current consensus earnings estimate is $4.95 per share for the year ending December 31, 2023
BP Reports Q2 (Jun) earnings of $0.89 per share vs $1.15 FactSet consensus; revs of $48.54 bln vs $52.83 bln consensus.Underlying RC profit $2.6 blnOperating cash flow $6.3 bln10% increase in resilient dividend to 7.270 cents per ordinary share; further $1.5 bln share buyback announcedOutlook3Q23 guidance Looking ahead, bp expects third-quarter 2023 reported upstream production to be broadly flat compared to second quarter 2023.
Transocean (RIG) reported a loss of $0.15 per share on revenue of $729.00 million for the second quarter ended June 2023. compared with a loss of $0.10 a year ago. Revenue grew 5.35% on a year-over-year basis.
AT&T (T) reported earnings of $0.63 per share on revenue of $29.92 billion for the second quarter ended June 2023. The consensus earnings estimate was $0.60 per share on revenue of $30.00 billion. The Earnings Whisper number was $0.62 per share. The company beat expectations by 1.61% while revenue grew 0.92% on a year-over-year basis.
Keurig Dr Pepper (KDP) reported earnings of $0.42 per share on revenue of $3.79 billion for the second quarter ended June 2023. The consensus earnings estimate was $0.40 per share on revenue of $3.69 billion. The Earnings Whisper number was $0.41 per share. The company beat expectations by 2.44% while revenue grew 6.61% on a year-over-year basis.The company said it continues to expect 2023 earnings of $1.78 to $1.80 per share but now expects revenue of $14.76 billion to $14.90 billion. The company's previous guidance was revenue of approximately $14.76 billion and the current consensus earnings estimate is $1.78 per share on revenue of $14.77 billion for the year ending December 31, 2023.
Roku (ROKU) reported a loss of $0.76 per share on revenue of $847.19 million for the second quarter ended June 2023. The consensus estimate was a loss of $1.28 per share on revenue of $772.57 million. The Earnings Whisper number was a loss of $1.19 per share. The company beat expectations by 36.13% while revenue grew 10.83% on a year-over-year basis.The company said in its shareholders letter it expects third quarter revenue of approximately $815.0 million. The current consensus revenue estimate is $809.25 million for the quarter ending September 30, 2023.
Alaska Air Group (ALK) reported earnings of $3.00 per share on revenue of $2.84 billion for the second quarter ended June 2023. The consensus earnings estimate was $2.70 per share on revenue of $2.76 billion. The Earnings Whisper number was $2.77 per share. The company beat expectations by 8.30% while revenue grew 6.77% on a year-over-year basis.The company said it continues to expect 2023 earnings of $5.50 to $7.50 per share. The current consensus earnings estimate is $6.56 per share for the year ending December 31, 2023.
Hawaiian Holdings (HA) reported a loss of $0.47 per share on revenue of $706.93 million for the second quarter ended June 2023. The consensus estimate was a loss of $0.55 per share on revenue of $698.09 million. The company beat consensus estimates by 14.55% while revenue grew 2.18% on a year-over-year basis.
Alphabet (GOOGL) reported earnings of $1.44 per share on revenue of $74.60 billion for the second quarter ended June 2023. The consensus earnings estimate was $1.32 per share on revenue of $72.77 billion. The Earnings Whisper number was $1.38 per share. The company beat expectations by 4.35% while revenue grew 7.06% on a year-over-year basis.
American Airlines Group (AAL) reported earnings of $1.92 per share on revenue of $14.06 billion for the second quarter ended June 2023. The consensus earnings estimate was $1.58 per share on revenue of $13.71 billion. The Earnings Whisper number was $1.84 per share. The company beat expectations by 4.35% while revenue grew 4.72% on a year-over-year basis.The company said it expects third-quarter earnings of $0.85 to $0.95 per share and now expects 2023 earnings of $3.00 to $3.75 per share. The company's previous guidance was 2023 earnings of $2.50 to $3.50 per share. The current consensus estimate is earnings of $0.84 per share for the quarter ending September 30, 2023, and earnings of $3.03 per share for the year ending December 31, 2023.
Delta Air Lines (DAL) reported 2nd Quarter June 2023 earnings of $2.68 per share on revenue of $15.6 billion. The consensus earnings estimate was $2.42 per share on revenue of $14.4 billion. The Earnings Whisper number was $2.46 per share. Revenue grew 12.7% on a year-over-year basis.The company said it expects third-quarter earnings of $2.20 to $2.50 per share on revenue of $14.29 billion to $14.67 billion and now expects 2023 earnings of $6.00 to $7.00 per share on revenue of $53.35billion to $54.72 billion. The company's previous guidance was 2023 earnings of $5.00 to $6.00 per share on revenue of $52.44 billion to $54.72 billion. The current consensus estimate is earnings of $2.11 per share on revenue of $14.38 billion for the quarter ending September 30, 2023, and earnings of $6.21 per share on revenue of $54.02 billion for the year ending December 31, 2023.
United Airlines (UAL) reported earnings of $5.03 per share on revenue of $14.18 billion for the second quarter ended June 2023. The consensus earnings estimate was $3.99 per share on revenue of $13.93 billion. The Earnings Whisper number was $4.26 per share. The company beat expectations by 18.08% while revenue grew 17.06% on a year-over-year basis.The company said it expects 2023 earnings of $11.00 to $12.00 per share. The company's previous guidance was earnings of $10.00 to $10.12 per share, and the current consensus earnings estimate is $9.79 per share for the year ending December 31, 2023.
Netflix (NFLX) reported earnings of $3.29 per share on revenue of $8.19 billion for the second quarter ended June 2023. The consensus earnings estimate was $2.83 per share on revenue of $8.27 billion. The Earnings Whisper number was $2.89 per share. The company beat expectations by 13.84% while revenue grew 2.72% on a year-over-year basis.
The company said it expects third quarter earnings of approximately $3.52 per share on revenue of approximately $8.52 billion. The current consensus earnings estimate is $3.14 per share on revenue of $8.65 billion for the quarter ending September 30, 2023.
Tesla (TSLA) reported earnings of $0.91 per share on revenue of $24.93 billion for the second quarter ended June 2023. The consensus earnings estimate was $0.82 per share on revenue of $24.53 billion. The Earnings Whisper number was $0.89 per share. The company beat expectations by 2.25% while revenue grew 47.20% on a year-over-year basis.
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