Replies to post #15973 on Keeping It Simple

[eastunder]

Earnings 8-6-24


DIS 8-7 B
SHOP 8-7 B

PLUG 8-8 B
TTD 8-8 A

ZM 8-21 A

NVDA 8-28 A

AI 9-4 A

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Rivian Automotive (RIVN) reported a loss of $1.46 per share on revenue of $1.16 billion for the second quarter ended June 2024. The consensus estimate was a loss of $1.11 per share on revenue of $1.04 billion. The Earnings Whisper number was a loss of $1.15 per share. The company missed expectations by 26.96% while revenue grew 3.30% on a year-over-year basis.

Upstart (UPST) reported a loss of $0.13 per share on revenue of $127.63 million for the second quarter ended June 2024. The consensus estimate was a loss of $0.39 per share on revenue of $125.16 million. The Earnings Whisper number was a loss of $0.35 per share. The company beat expectations by 62.86% while revenue fell 5.99% compared to the same quarter a year ago.

iRobot (IRBT) reported a loss of $1.96 per share on revenue of $166.36 million for the second quarter ended June 2024. The consensus estimate was a loss of $1.77 per share on revenue of $167.96 million. The Earnings Whisper number was a loss of $1.73 per share. The company missed expectations by 13.29% while revenue fell 29.68% compared to the same quarter a year ago.

Airbnb (ABNB) reported earnings of $0.86 per share on revenue of $2.75 billion for the second quarter ended June 2024. The consensus earnings estimate was $0.92 per share on revenue of $2.75 billion. The Earnings Whisper number was $0.95 per share. The company missed expectations by 9.47% while revenue grew 10.63% on a year-over-year basis.The company said in its shareholders letter it expects third quarter revenue of $3.67 billion to $3.73 billion. The current consensus revenue estimate is $3.86 billion for the quarter ending September 30, 2024.

Toast (TOST) reported earnings of $0.02 per share on revenue of $1.24 billion for the second quarter ended June 2024. The consensus estimate was a loss of $0.02 per share on revenue of $1.23 billion. The Earnings Whisper number was $0.01 per share. The company beat expectations by 100.00% while revenue grew 26.99% on a year-over-year basis.

Palantir Technologies (PLTR) reported earnings of $0.09 per share on revenue of $678.13 million for the second quarter ended June 2024. The consensus earnings estimate was $0.08 per share on revenue of $652.29 million. The Earnings Whisper number was $0.09 per share. The company reported in-line with expectations while revenue grew 27.15% on a year-over-year basis.

The company said it expects third quarter revenue of $697.0 million to $701.0 million and 2024 revenue of $2.742 billion to $2.750 billion. The company's previous guidance was 2024 revenue of $2.677 billion to $2.689 billion. The current consensus revenue estimate is $681.93 million for the quarter ending September 30, 2024 and revenue of $2.70 billion for the year ending December 31, 2024.

Block, Inc. (SQ) on Thursday reported second-quarter earnings of $195.3 million.The Oakland, California-based company said it had profit of 31 cents per share. Earnings, adjusted for one-time gains and costs, were 93 cents per share.The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.The mobile payments services provider posted revenue of $6.16 billion in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $6.23 billion.

Apple (AAPL) reported earnings of $1.40 per share on revenue of $85.78 billion for the fiscal third quarter ended June 2024. The consensus earnings estimate was $1.34 per share on revenue of $83.79 billion. The Earnings Whisper number was $1.36 per share. The company beat expectations by 2.94% while revenue grew 4.87% on a year-over-year basis.The company said it expects fourth-quarter revenue of approximately $93.89 billion and, with gross margins of 45.5% to 46.5%, it implies earnings of $1.54 to $1.61 per share. The current consensus earnings estimate is $1.55 per share on revenue of $93.39 billion for the quarter ending September 30, 2024.

Intel (INTC) reported earnings of $0.02 per share on revenue of $12.83 billion for the second quarter ended June 2024. The consensus earnings estimate was $0.10 per share on revenue of $12.92 billion. The Earnings Whisper number was $0.09 per share. The company missed expectations by 77.78% while revenue fell 0.90% compared to the same quarter a year ago.The company said it expects a third quarter non-GAAP loss of approximately $0.03 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 $14.28 billion for the quarter ending September 30, 2024.

RingCentral (RNG) reported earnings of $0.91 per share on revenue of $592.91 million for the second quarter ended June 2024. The consensus earnings estimate was $0.88 per share on revenue of $586.25 million. The Earnings Whisper number was $0.91 per share. The company reported in-line with expectations while revenue grew 9.94% on a year-over-year basis.The company said it expects third quarter non-GAAP earnings of $0.92 to $0.93 per share on revenue of $600.50 million to $603.50 million. The current consensus earnings estimate is $0.93 per share on revenue of $601.01 million for the quarter ending September 30, 2024. The company said it expects 2024 non-GAAP earnings of $3.62 to $3.67 per share on revenue of $2.393 billion to $2.399 billion. The company's previous guidance was earnings of $3.59 to $3.67 per share on revenue of $2.379 billion to $2.399 billion and the current consensus earnings estimate is $3.63 per share on revenue of $2.39 billion for the year ending December 31, 2024.

Twilio (TWLO) reported earnings of $0.87 per share on revenue of $1.08 billion for the second quarter ended June 2024. The consensus earnings estimate was $0.70 per share on revenue of $1.06 billion. The Earnings Whisper number was $0.82 per share. The company beat expectations by 6.10% while revenue grew 4.31% on a year-over-year basis.The company said it expects third quarter non-GAAP earnings of $0.81 to $0.86 per share on revenue of $1.085 billion to $1.095 billion. The current consensus earnings estimate is $0.77 per share on revenue of $1.09 billion for the quarter ending September 30, 2024.

Amazon.com (AMZN) reported earnings of $1.23 per share on revenue of $147.98 billion for the second quarter ended June 2024. The consensus earnings estimate was $1.05 per share on revenue of $148.54 billion. The Earnings Whisper number was $1.11 per share. The company beat expectations by 10.81% while revenue grew 10.12% on a year-over-year basis.The company said it expects third quarter revenue of $154.0 billion to $158.5 billion. The current consensus revenue estimate is $158.2 billion for the quarter ending September 30, 2024

Rocket Companies (RKT) reported earnings of $0.05 per share on revenue of $1.30 billion for the second quarter ended June 2024. The consensus earnings estimate was $0.03 per share on revenue of $1.23 billion. The Earnings Whisper number was $0.06 per share. The company missed expectations by 16.67% while revenue grew 5.22% on a year-over-year basis.The company said it expects third quarter revenue of $1.15 billion to $1.30 billion. The current consensus revenue estimate is $1.35 billion for the quarter ending September 30, 2024.

Roku (ROKU) reported a loss of $0.24 per share on revenue of $968.18 million for the second quarter ended June 2024. The consensus estimate was a loss of $0.45 per share on revenue of $935.29 million. The Earnings Whisper number was a loss of $0.39 per share. The company beat expectations by 38.46% while revenue grew 14.28% on a year-over-year basis.The company said in its shareholders letter it expects third quarter revenue of approximately $1.01 billion. The current consensus revenue estimate is $1.00 billion for the quarter ending September 30, 2024

Perion Network (PERI) reported earnings of $0.15 per share on revenue of $108.69 million for the second quarter ended June 2024. The consensus earnings estimate was $0.12 per share on revenue of $106.98 million. The company beat consensus estimates by 25.00% while revenue fell 39.10% compared to the same quarter a year ago.The company said it continues to expect 2024 revenue of $490.0 million to $510.0 million. The current consensus revenue estimate is $500.11 million for the year ending December 31, 2024.

Meta Platforms (META) reported earnings of $5.16 per share on revenue of $39.07 billion for the second quarter ended June 2024. The consensus earnings estimate was $4.70 per share on revenue of $38.19 billion. The Earnings Whisper number was $5.01 per share. The company beat expectations by 2.99% while revenue grew 22.10% on a year-over-year basis.The company said it expects third quarter revenue of $38.50 billion to $41.00 billion. The current consensus revenue estimate is $39.24 billion for the quarter ending September 30, 2024.

QUALCOMM (QCOM) reported earnings of $2.33 per share on revenue of $9.39 billion for the fiscal third quarter ended June 2024. The consensus earnings estimate was $2.25 per share on revenue of $9.19 billion. The Earnings Whisper number was $2.40 per share. The company missed expectations by 2.92% while revenue grew 11.15% on a year-over-year basis.The company said it expects fourth quarter non-GAAP earnings of $2.45 to $2.65 per share on revenue of $9.50 billion to $10.30 billion. The current consensus earnings estimate is $2.42 per share on revenue of $9.66 billion for the quarter ending September 30, 2024.

Transocean (RIG) reported a loss of $0.15 per share on revenue of $861.00 million for the second quarter ended June 2024. The consensus estimate was a loss of $0.08 per share on revenue of $885.80 million. The Earnings Whisper number was a loss of $0.05 per share. The company missed expectations by 200.00% while revenue grew 18.11% on a year-over-year basis.

Roblox (RBLX) reported a loss of $0.32 per share on revenue of $893.54 million for the second quarter ended June 2024. The consensus estimate was a loss of $0.37 per share on revenue of $886.27 million. The Earnings Whisper number was a loss of $0.31 per share. The company missed expectations by 3.23% while revenue grew 31.26% on a year-over-year basis.The company said it expects third quarter bookings of $1.00 billion to $1.025 billion and 2024 bookings of $4.18 billion to $4.23 billion. The company's previous guidance was 2024 bookings of $4.00 billion to $4.10 billion. The current consensus revenue estimate is $965.90 million for the quarter ending September 30, 2024 and revenue of $4.06 billion for the year ending December 31, 2024.

PayPal (PYPL) reported earnings of $1.19 per share on revenue of $7.89 billion for the second quarter ended June 2024. The consensus earnings estimate was $0.96 per share on revenue of $7.78 billion. The Earnings Whisper number was $1.01 per share. The company beat expectations by 17.82% while revenue grew 8.21% on a year-over-year basis.The company said it expects third quarter earnings of approximately $1.05 per share on revenue of approximately $7.79 billion. The current consensus earnings estimate is $0.99 per share on revenue of $7.93 billion for the quarter ending September 30, 2024. The company also said it now expects 2024 earnings of $4.21 to $4.46 per share. The company's previous guidance was earnings of $3.98 to $4.17 per share and the current consensus earnings estimate is $4.16 per share for the year ending December 31, 2024.

Starbucks (SBUX) reported earnings of $0.93 per share on revenue of $9.11 billion for the fiscal third quarter ended June 2024. The consensus earnings estimate was $0.93 per share on revenue of $9.24 billion. The Earnings Whisper number was $0.91 per share. The company beat expectations by 2.20% while revenue fell 0.59% compared to the same quarter a year ago.

3M (MMM) reported earnings of $1.93 per share on revenue of $6.26 billion for the second quarter ended June 2024. The consensus earnings estimate was $1.66 per share on revenue of $5.89 billion. The Earnings Whisper number was $1.71 per share. The company beat expectations by 12.87% while revenue fell 24.86% compared to the same quarter a year ago.The company said it expects 2024 earnings of $7.00 to $7.30 per share. The company's previous guidance was earnings of $6.80 to $7.30 per share and the current consensus earnings estimate is $7.17 per share for the year ending December 31, 2024.

Newmont Mining (NEM) reported earnings of $0.72 per share on revenue of $4.40 billion for the second quarter ended June 2024. The consensus earnings estimate was $0.53 per share on revenue of $3.49 billion. The Earnings Whisper number was $0.60 per share. The company beat expectations by 20.00% while revenue grew 64.07% on a year-over-year basis.

Chipotle Mexican Grill (CMG) reported earnings of $0.34 per share on revenue of $2.97 billion for the second quarter ended June 2024. The consensus earnings estimate was $0.31 per share on revenue of $2.93 billion. The Earnings Whisper number was $0.33 per share. The company beat expectations by 3.03% while revenue grew 18.22% on a year-over-year basis.

Teradyne (TER) reported earnings of $0.86 per share on revenue of $729.88 million for the second quarter ended June 2024. The consensus earnings estimate was $0.76 per share on revenue of $703.04 million. The Earnings Whisper number was $0.84 per share. The company beat expectations by 2.38% while revenue grew 6.64% on a year-over-year basis.The company said it expects third quarter earnings of $0.66 to $0.86 per share on revenue of $680.0 million to $740.0 million. The current consensus earnings estimate is $0.87 per share on revenue of $711.30 million for the quarter ending September 30, 2024.

RTX (RTX) reported earnings of $1.41 per share on revenue of $19.72 billion for the second quarter ended June 2024. The consensus earnings estimate was $1.29 per share on revenue of $19.31 billion. The Earnings Whisper number was $1.35 per share. The company beat expectations by 4.44% while revenue grew 7.68% on a year-over-year basis.The company said it expects 2024 earnings of $5.35 to $5.45 per share on revenue of $78.75 billion to $79.50 billion. The company's previous guidance was earnings of $5.25 to $5.40 per share on revenue of $78.0 billion to $79.0 billion and the current consensus earnings estimate is $5.40 per share on revenue of $78.99 billion for the year ending December 31, 2024.

AT&T (T) reported earnings of $0.57 per share on revenue of $29.80 billion for the second quarter ended June 2024. The consensus earnings estimate was $0.58 per share on revenue of $30.23 billion. The Earnings Whisper number was $0.59 per share. The company missed expectations by 3.39% while revenue fell 0.40% 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 $2.23 per share for the year ending December 31, 2024.

Roper Technologies (ROP) reported earnings of $4.48 per share on revenue of $1.72 billion for the second quarter ended June 2024. The consensus earnings estimate was $4.46 per share on revenue of $1.72 billion. The company beat consensus estimates by 0.45% while revenue grew 12.12% on a year-over-year basis.The company said it expects third quarter earnings of $4.50 to $4.54 per share and 2024 earnings of $18.10 to $18.25 per share. The company's previous guidance was 2024 earnings of $18.05 to $18.25 per share. The current consensus estimate is earnings of $4.63 per share for the quarter ending September 30, 2024 and earnings of $18.17 per share for the year ending December 31, 2024.

Alphabet (GOOGL) reported earnings of $1.89 per share on revenue of $84.74 billion for the second quarter ended June 2024. The consensus earnings estimate was $1.85 per share on revenue of $84.20 billion. The Earnings Whisper number was $1.95 per share. The company missed expectations by 3.08% while revenue grew 13.59% on a year-over-year basis.

Tesla (TSLA) reported earnings of $0.52 per share on revenue of $25.50 billion for the second quarter ended June 2024. The consensus earnings estimate was $0.59 per share on revenue of $24.97 billion. The Earnings Whisper number was $0.65 per share. The company missed expectations by 20.00% while revenue grew 2.30% on a year-over-year basis.

Mattel (MAT) reported earnings of $0.19 per share on for the second quarter ended June 2024. The consensus earnings estimate was $0.16 per share on revenue of $1.11 billion. The company beat consensus estimates by 18.75%.The company said it continues to expect 2024 earnings of $1.35 to $1.45 per share on revenue of approximately $5.441 billion. The current consensus earnings estimate is $1.40 per share on revenue of $5.36 billion for the year ending December 31, 2024.

Netflix (NFLX) reported earnings of $4.88 per share on revenue of $9.56 billion for the second quarter ended June 2024. The consensus earnings estimate was $4.70 per share on revenue of $9.53 billion. The Earnings Whisper number was $4.90 per share. The company missed expectations by 0.41% while revenue grew 16.76% on a year-over-year basis.The company said it expects third-quarter earnings of approximately $5.10 per share on revenue of approximately $9.7338.445 billion. The current consensus earnings estimate is $4.70 per share on revenue of $9.79 billion for the quarter ending September 30, 2024. The company also said it now expects 2024 revenue of $38.45 billion to $38.78 billion. The company's previous guidance was revenue of $38.11 billion to $38.78 billion and the current consensus revenue estimate is $38.75 billion for the year ending December 31, 2024.

Nike (NKE) reported earnings of $1.01 per share on revenue of $12.61 billion for the fiscal fourth quarter ended May 2024. The consensus earnings estimate was $0.85 per share on revenue of $12.91 billion. The Earnings Whisper number was $0.92 per share. The company beat expectations by 9.78% while revenue fell 1.71% compared to the same quarter a year ago.The company said during its conference call it expects first quarter revenue of approximately $11.65 billion and fiscal 2025 revenue of approximately $48.28 billion. The current consensus revenue estimate is $12.64 billion for the quarter ending August 31, 2024 and revenue of $52.41 billion for the year ending May 31, 2025.

Micron Technology (MU) reported earnings of $0.62 per share on revenue of $6.81 billion for the . The consensus earnings estimate was $0.51 per share on revenue of $6.64 billion. The Earnings Whisper number was $0.55 per share. The company beat expectations by 12.73% while revenue grew 81.53% on a year-over-year basis.The company said it expects fourth quarter non-GAAP earnings of $1.00 to $1.16 per share on revenue of $7.40 billion to $7.80 billion. The current consensus earnings estimate is $1.05 per share on revenue of $7.60 billion for the quarter ending August 31, 2024.

BlackBerry Limited (BB) reported earnings of $0.03 per share on revenue of $144.00 million for the . The consensus estimate was a loss of $0.04 per share on revenue of $615.00 million. The Earnings Whisper number was a loss of $0.02 per share. The company beat expectations by 250.00% while revenue fell 61.39% compared to the same quarter a year ago.The company said it expects a second quarter non-GAAP loss of $0.04 to $0.02 per share on revenue of $136.0 million to $144.0 million. The current consensus estimate is a loss of $0.01 per share on revenue of $142.1 million for the quarter ending August 31, 2024. The company also said it continues to expect a fiscal 2025 non-GAAP loss of $0.07 to $0.03 per share on revenue of $586.0 million to $616.0 million. The current consensus estimate is a loss of $0.03 per share on revenue of $601.0 million for the year ending February 28, 2025.

FedEx (FDX) reported earnings of $5.41 per share on revenue of $22.11 billion for the fiscal fourth quarter ended May 2024. The consensus earnings estimate was $5.34 per share on revenue of $22.12 billion. The Earnings Whisper number was $5.37 per share. The company beat expectations by 0.74% while revenue grew 0.82% on a year-over-year basis.The company said it expects fiscal 2025 earnings of $20.00 to $22.00 per share on revenue of approximately $88.6 billion to $94.7 billion. The current consensus earnings estimate is $20.34 per share on revenue of $90.4 billion for the year ending May 31, 2025.

Mesa Air Group (MESA) reported earnings of $0.15 per share on revenue of $131.58 million for the . . Revenue grew 8.00% on a year-over-year basis.


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