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Showing posts from October, 2022

Avis Budget Group, Inc. ($CAR) Earnings (Q3 FY22)

  Avis Budget Group, Inc. ($CAR) Earnings and Opinion: Avis is a company in the Industrials sector and operates in the Rental & Leasing Services industry. The company provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. Avis was founded in 1946 and is currently headquartered in Parsippany, New Jersey. The company made its debut on the stock market in 1997.  Avis Financial Results: Revenue of $3.55B beating expectations of $3.54B Adj EBITDA of $1.46B beating expectations of $1.07B SG&A Expenses of $384M missing expectations of $408.77M Adj Diluted EPS of $21.70 beating expectations of $14.72 Opinion: Avis is currently rising in the after-hours market. The company reported its earnings after the market closed this afternoon. The profitability led the charge in a solid quarter. Avis is thanking the demand in travel remaining strong even with consumers dealing with high inflation. The company is looking to carry this momentum

Meta Platforms, Inc. ($META) Earnings (Q3 FY22)

  Meta Platforms, Inc. ($META) Earnings and Opinion: Meta is a company in the Communication Services sector and operates in the Internet Content & Information industry. The company develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. Meta was incorporated in 2004 and is currently headquartered in Menlo Park, California. The company made its debut on the stock market in 2012. Meta Earnings Results: Revenue of $27.71B beating expectations of $27.41B Adj Operating Income of $5.66B missing expectations of $6.29B CapEX of -$9.38B missing expectations of -$8.04B Diluted EPS of $1.64 missing expectations of $1.89 Opinion: Meta fell down to earth on its earnings report on Wednesday. The company dropped 25% on Wednesday for its worst day since February. Investors took a disappointing revenue outlook toughly. Zuckerberg claimed that the high costs were

Apple Inc. ($AAPL) Earnings (Q4 FY22)

  Apple Inc. ($AAPL) Earnings and Opinion: Apple is a company in the Technology sector and operates in the Consumer Electronics industry. The company designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple was incorporated in 1977 and is currently headquartered in Cupertino, California. The company made its debut on the stock market in 1980. Apple Financial Results: Revenue of $90.15B beating expectations of $88.64B Gross Margin of 42.26% beating expectations of 42.18% Operating Margin of 27.62% beating expectations of 27.51% Diluted EPS of $1.29 beating expectations of $1.26 Opinion: Apple has failed to find any sense of direction after reporting earnings. The company reported earnings after the market closed this afternoon. Apple is now headed for its best day of trading since 2020. The CFO warned that sales may decline in the next quarter with consumer sentiment going down. The company has been seen as an outlier to al

General Motors Company ($GM) Earnings (Q3 FY22)

  General Motors Company ($GM) Earnings and Opinion: GM is a company in the Consumer Cyclical sector and operates in the Auto Manufacturers industry. The company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. GM was founded in 1908 and is headquartered in Detroit, Michigan. The company made its debut on the stock market in 2010. General Motors Earnings Results: Revenue of $41.89B missing expectations of $42.37B Adj Operating Income of $4.29B beating expectations of $3.48B Free Cash Flow of $4.59B beating expectations of $3.4B Adj Diluted EPS of $2.25 beating expectations of $1.89 Opinion: General Motors had some positive sentiment in todays trading session. The company reported earnings before the market opened this morning. General Motors rode its strong sales for luxury Cadillacs and large trucks to a nice earnings beat. This is a huge i

Visa Inc. ($V) Earnings (Q4 FY22)

  Visa Inc. ($V) Earnings and Opinion: Visa is a company in the Financial Services sector and operates in the Credit Services industry. The company operates as a payments technology company worldwide. Visa was founded in 1958 and is currently headquartered in San Francisco, California. The company made its debut on the stock market in 2008.  Visa Financial Results:  Revenue of $7.79B beating expectations of $7.55B Adj Operating Income of $5.16B beating expectations of $5B Adj Diluted EPS of $1.93 beating expectations of $1.86 Opinion: Visa is currently moving higher in the after hours market. The company reported earnings after the market closed this afternoon. Visa saw customers slowdown on spending during this quarter due to the increase of prices. The CFO came out and said that some uncertainty may exist in the short-term, but they are still confident in their long-term growth. It is hard to make a comparison with last years numbers, because it was when the vaccines came out and peo

Alphabet, Inc. ($GOOG) Earnings (Q3 FY22)

  Alphabet, Inc. ($GOOG) Earnings and Opinion: Alphabet (Google) is a company in the Communication Services sector and operates in the Internet Content & Information industry. The company provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. Google was founded in 1998 and is currently headquartered in Mountain View, California. The company made its debut on the stock market in 2004. Google Financial Results: Revenue of $69.1B missing expectations of $70.76B Operating Income of $17.14B missing expectations of $19.71B Operating Margin of 24.8% missing expectations of 27.88% Diluted EPS of $1.02 missing expectations of $1.25 Opinion: Google is currently down about 7% in the after hours. The company reported earnings after the market closed this afternoon. This was a disappointing earnings release, with some numbers missing expectations by a decent margin. The company said that inflation is making gro

Microsoft Corporation ($MSFT) Earnings (Q1 FY23)

  Microsoft Corporation ($MSFT) Earnings and Opinion: Microsoft is a company in the Technology sector and operates in the Software-Infrastructure industry. The company develops, licenses, and supports software, services, devices, and solutions worldwide. Microsoft was founded in 1975 and is currently headquartered in Redmond, Washington. The company made its debut on the stock market in 1986. Microsoft Earnings and Opinion: Revenue of $50.12B beating expectations of $49.59B Adj Gross Margin of 69.17% missing expectations of 69.78% Adj Operating Income of $21.52B beating expectations of $21.29B Adj Operating Margin of 42.93% beating expectations of 42.62% Free Cash Flow of $16.92B missing expectations of $17.6B Adj Diluted EPS of $2.35 beating expectations of $2.29 Opinion: Microsoft is currently moving lower in the after market. The company reported earnings after the market closed this afternoon. The company posted some solid beats on expectations, but there are some other things we n

Verizon Communications Inc. ($VZ) Earnings (Q3 FY22)

  Verizon Communications Inc. ($VZ) Earnings and Opinion: Verizon is a company in the Communication Services sector and operates in the Telecom Services industry. The company offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Verizon was incorporated in 1983 and is headquartered in New York, New York. The company made its trading debut as Verizon in 2000. Verizon Financial Results: Revenue of $34.24B beating expectations of $33.8B Total Wireless subscribers of 143M beating expectations of 138M Adjusted EBITDA of 12.2B beating expectations of $12.07B Adj Diluted EPS of $1.32 beating expectations of $1.28 Opinion: Verizon saw some negative sentiment in Fridays trading session. The company reported earnings before the market opened on Friday. Verizon had some beats on key metrics, but it was the net post-paid subscription additions that held them back. This could be a key component to the t

American Express Company ($AXP) Earnings (Q3 FY22)

  American Express Company ($AXP) Earnings and Opinion: American Express is a company in the Financial Services sector and operates in the Credit Services industry. The company provides charge and credit payment card products, and travel-related services worldwide. American Express was founded in 1850 and is currently headquartered in New York, New York. The company made its debut on the NYSE in 1977. American Express Financial Results: Revenue of $13.56B beating expectations of $13.49B Total Operating expenses of $10.32B missing expectations of $10.49B Adj Diluted EPS of $2.47 beating expectations of $2.40 Opinion: American Express saw some negative sentiment, right when the earnings report was released. However, the sentiment turned around throughout the day on Friday. The company reported earnings before the market opened on Friday morning. American Express saw record revenues for this quarter. The revenue grew 24% on a year-over-year basis. Consumers were more out and about this qu

Tesla, Inc. ($TSLA) Earnings (Q3 FY22)

  Tesla, Inc. ($TSLA) Earnings and Opinion: Tesla is a company in the Consumer Cyclical sector and operates in the Auto Manufacturers industry. The company designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, china, and internationally. Tesla was incorporated in 2003 and is currently headquartered in Austin, Texas. The company made its debut on the stock market in 2010. Tesla Earnings Forecast: Revenue of $21.45B missing expectations of $22.05B Total Deliveries of 343,830 missing expectations of 357,937 Gross Margin of 25.1% missing expectations of 26.58% Adj Diluted EPS of $1.05 beating expectations of $1.01 Opinion: Tesla has been pretty volatile since its earnings came out on Wednesday. The stock saw a pretty choppy session on Thursday. However, they bounced back from all the negative sentiment right after the earnings report. Tesla showed that it isn't immune from all the economic challenges. The c

Union Pacific Corporation ($UNP) Earnings (Q3 FY22)

  Union Pacific Corporation ($UNP) Earnings and Opinion: Union Pacific is a company in the Industrials sector and operates in the Railroads industry. The company operates a railroad business in the United States. Union Pacific was founded in 1862 and is headquartered in Omaha, Nebraska. The company went public in 1870. Union Pacific Earnings Results: Revenue of $6.57B beating expectations of $6.42B Operating Ratio of 59.9% beating expectations of 56.86% Adj Operating Ratio of 58.2% beating expectations of 57.05% Operating income of $2.47B missing expectations of $2.75B Adj Diluted EPS of $3.19 beating expectations of $3.04 Opinion: Union Pacific has had negative sentiment after its earnings report. The company reported earnings before the market opened yesterday. The stock has fallen a good amount since the earnings call. The main reason behind the fall in the stock price was due to the company cutting its forecast for volume growth. Union Pacific claims that the inflation and high inv

International Business Machines Corporation ($IBM) Earnings (Q3 FY22)

  International Business Machines Corporation ($IBM) Earnings and Opinion: IBM is a company in the Technology sector and operates in the Information Technology Services industry. The company provides integrated solutions and services worldwide. IBM was incorporated in 1911 and is currently headquartered in Armonk, New York. The company made its debut on the stock market 1970. IBM Earnings Results:  Revenue of $14.107B beating expectations of $13.53B Revenue growth of 15% beating expectations of 11.5% Adj Gross Profit of $7.6B beating expectations of $7.5B Gross Margin of 53.8% missing expectations of 55.28% Adj EPS of $1.81 in line with expectations of $1.81 Opinion: IBM is currently moving higher in todays trading session. The company reported earnings after the market closed yesterday afternoon. IBM definitely has some positive sentiment after this report, but there was some interesting metrics that may require some deep diving into. The quarter was "impressive", however th

AT&T Inc. ($T) Earnings (Q3 FY22)

  AT&T Inc. ($T) Earnings and Opinion: AT&T is a company in the Communication Services sector and operates in the Telecom Services industry. The company provides telecommunications, media, and technology services worldwide. AT&T was incorporated in 1983 and is currently headquartered in Dallas, Texas. The company made its debut on the stock market in 1983. AT&T Financial Results:  Revenue of $30.04B beating expectations of $29.84B Adj EBITDA of $10.71B beating expectations of $10.39B Free Cash Flow of $3.84B missing expectations of $4.28B Adj Diluted EPS of $0.68 beating expectations of $0.60 Opinion: AT&T is currently moving higher in todays session. The company reported earnings before the market opened this morning. AT&T had a pretty solid earnings report, with consumer demand and expected profits increasing. The company is doing a wonderful job on expanding its wireless growth. They are starting to get ahead of peers, and the big question is if competitors w

Abbott Laboratories ($ABT) Earnings (Q3 FY22)

  Abbott Laboratories ($ABT) Earnings and Opinion: Abbott Laboratories is a company in the Healthcare sector and operates in the Medical Devices industry. The company discovers, develops, manufactures, and sells health care products worldwide. Abbott Laboratories was founded in 1888 and is based in North Chicago, Illinois. The company went public in an IPO in 1929. Abbott Laboratories Earnings and Results: Revenue of $10.41B beating expectations of $9.67B Gross Margin of 55.9% beating expectations of 55.85% Adj Operating Margin of 23.97% beating expectations of 20.28% YOY Organic Growth of 1.3% beating expectations of -5.77% Adj Diluted EPS of $1.15 beating expectations of $0.94 Opinion: Abbott Laboratories is currently getting drilled in todays trading session. The company reported earnings before the market opened this morning. The declines come from some worries investors had. The company saw declines in the Covid testing segment and the infant nutrition business. Both of these metr

The Proctor & Gamble Company ($PG) Earnings (Q1 FY23)

  The Proctor & Gamble ($PG) Earnings and Opinion Proctor and Gamble is a company in the Consumer Defensive sector and operates in the Household & Personal Products industry. The company provides branded consumer packaged goods worldwide. Proctor & Gamble was founded in 1837 and is currently headquartered in Cincinnati, Ohio. The company made its debut on the stock market in 1978. Proctor & Gamble Earnings Results: Revenue of $20.61B beating expectations of $20.34B Adj Diluted EPS of $1.57 beating expectations of $1.55 Opinion: Proctor and Gamble is currently moving a slight bit higher in todays trading session. The company reported earnings before the market opened this morning. There wasn't much behind this earnings report, which is the main reason for the lack of direction in the trading session. One credit to the gain has to be the tweak of the view on EPS. They expect it to be pretty flat, compared to the 4% expectation given earlier. The revenue rose in the qu

United Airlines Holdings, Inc. ($UAL) Earnings (Q3 FY22)

  United Airlines Holdings, Inc. ($UAL) Earnings and Opinion: United Airlines is a company in the Industrials sector and operates in the Airlines industry. The company provides air transportations services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. United Airlines was incorporated in 1968 and is currently headquartered in Chicago, Illinois. The company made its debut on the public market in 2006. United Airlines Earnings Results: Revenue of $12.88B beating expectations of $12.72B Adjusted Net Income of $927M beating expectations of $755.64M Capital Expenditures of -$1.33B beating expectations of -$2.004B Adj Diluted EPS of $2.81 beating expectations of $2.29 Opinion: United Airlines is currently moving 7% higher in after hours. The company reported earnings after the market closed this afternoon. United thrived in this past quarter due to a rebound in corporate travel and leisure trips. The outlook for Q4 looks strong after an uneven summer

Netflix, Inc. ($NFLX) Earnings (Q3 FY22)

  Netflix, Inc. ($NFLX) Earnings and Opinion: Netflix is a company in the Communication Services sector and operates in the Entertainment industry. The company provides entertainment services. Netflix was incorporated in 1997 and is headquartered in Los Gatos, California. The company made its debut on the public market in 2002.  Netflix Earnings Results: Revenue of $7.93B beating expectations of $7.85B Operating Income of $1.58B beating expectations of $1.26B Free Cash Flow of $471.86M beating expectations of $184.21M Diluted EPS of $3.10 beating expectations of $2.12 Opinion: Netflix is currently soaring in the after hours. The company reported earnings after the market closed this afternoon. This feels like a break-through moment for Netflix after recent quarters showed they were going through a struggle. They are poised for more growth after facing some tough challenges and for the first time ever, having negative subscriber growth. The tide was turned when the report showed the com

The Goldman Sachs Group, Inc. ($GS) Earnings (Q3 FY22)

  The Goldman Sachs Group, Inc. ($GS) Earnings and Opinion Goldman Sachs is a company in the Financial Services sector and operates in the Capital Markets industry. The company provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. Goldman Sachs was founded in 1869 and is headquartered in New York, New York. The company went public on the stock market in 1999. Goldman Sachs Earnings Results:  Revenue of $11.98B beating expectations of $11.43B Investment Banking Revenue of $1.54B missing expectations of $1.74B Net Interest Income of $2.04B missing expectations of $2.05B Total Net Flows of $27B beating expectations of $12.28B Adj Diluted EPS of $8.25 beating expectations of $7.75 Opinion: Goldman Sachs is currently trading higher in todays session. The company reported earnings before the market opened this morning. A lot of the banks are claiming that they are laying off workforce, but latest reports shoe that Goldman Sac

Johnson & Johnson ($JNJ) Earnings (Q3 FY22)

  Johnson & Johnson ($JNJ) Earnings and Opinion: Johnson & Johnson is a company in the Healthcare sector and operates in the Drug Manufacturers-General industry. The company researches and develops, manufactures, and sells various products in the healthcare field worldwide. Johnson & Johnson was founded in 1886 and is currently headquartered in New Brunswick, New Jersey. The company made its debut on the stock market in 1944.  Johnson & Johnson Earnings Results: Revenue of $23.79B beating expectations of $23.394B Adj Gross Margin of 71.89% missing expectations of 73.05% Operating Income of $7.68B beating expectations of $7.678B Operating Margin of 32% missing expectations of 33.66% Adj Diluted EPS of $2.55 beating expectations of $2.50 Opinion: Johnson & Johnson is currently trading a slight bit lower in todays trading session. The company reported earnings before the market opened this morning. Johnson & Johnson had a solid earnings report, but the main thing t

Equity LifeStyle Properties ($ELS) Earnings (Q3 FY22)

  Equity LifeStyle Properties ($ELS) Earnings and Opinion: Equity LifeStyle Properties is a company in the Real Estate sector and operates in the REIT-Residential industry. The company is a self-administered, self-managed real estate investment trust (REIT). The company is headquartered in Chicago, Illinois and made its debut on the stock market in 1993. Equity LifeStyle Properties Financial Results: Revenue of $381M beating expectations of $315.6M Adj EBITDA of $166.41M beating expectations of $158.11M Net Income of $67.16M missing expectations of $72.77M Normalized FFO per share of $0.70 beating expectations of $0.69 Opinion:  Equity LifeStyle Properties has failed to find direction in the after hours. The company reported earnings after the market closed this afternoon. The stock traded up, over 4%, during todays trading session. The company cut its FFO per share guidance for the year. Equity LifeStyle Properties had 60% of its Florida Portfolio destroyed in the recent hurricane. Th

The Bank of New York Mellon Corporation ($BK) Earnings (Q3 FY22)

  The Bank of New York Mellon Corporation ($BK) Earnings and Opinion: The Bank of New York Mellon is a company in the Financial Services sector and operates in the Asset Management industry. The company provides a range of financial products and services in the United States and internationally. The Bank of New York Mellon was founded in 1784 and is currently headquartered in New York, New York. The company was the first company listed on the New York Stock Exchange in 1784.  The Bank of New York Mellon Financial Results: Revenue of $4.24B beating expectations of $4.20B Net Interest Margin of 1.05% beating expectations of 0.99% Return on Common Equity of 3.5% missing expectations of 9.9% Adj Diluted EPS of $1.21 beating expectations of $1.10 Opinion: The Bank of New York Mellon is currently trading almost 5% higher in todays trading session. The company reported earnings before the market opened this morning. A goodwill impairment charge was the main reason for the fall in the profit i

The Charles Schwab Corporation ($SCHW) Earnings (Q3 FY22)

  The Charles Schwab Corporation ($SCHW) Earnings and Opinion: Charles Schwab is a company in the Financial Services sector and operates in the Capital Markets industry. The company provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. Charles Schwab was incorporated in 1971 and is currently headquartered in Westlake, Texas. The company made its debut on the public market in 1987. Charles Schwab Financial Results: Net revenue of $5.5B beating expectations of $5.41B Net Interest Income of $2.926B beating expectations of $2.846B Net Interest Margin of 1.97% beating expectations of 1.86% Trading Revenues of $930M beating expectations of $864.77M Adj Diluted EPS of $1.10 beating expectations of $1.05 Opinion: Charles Schwab has been volatile in todays trading session. The company started the day trading higher, but has since fallen into the losses (losing about 4%). The company reported earnings for Q3 before the markets open

Bank of America Corporation ($BAC) Earnings (Q3 FY22)

  Bank of America Corporation ($BAC) Earnings and Opinion: Bank of America is a company in the Financial Services sector and operates in the Banks-Diversified industry. The company provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Bank of America was founded in 1784 and is currently headquartered in Charlotte, North Carolina. Bank of America made its public debut in 1978.  Bank of America Financial Results: Revenue of $24.6B beating expectations of $23.62B Sales & Trading Revenue of $4.1B beating expectations of $3.81B Total Investment Banking Fees of $1.20B beating expectations of $1.17B Adj Diluted EPS of $0.81 beating expectations of $0.78 Opinion: Bank of America is currently trading higher in todays trading session. The company reported earnings before the market opened this morning. Some takeaways from the earnings report are as follows. Net

BlackRock, Inc. ($BLK) Earnings (Q3 FY22)

  BlackRock, Inc. ($BLK) Earnings and Opinion: BlackRock is a company in the Financial Services sector and operates in the Asset Management industry. The company is a publicly owned investment manager. BlackRock was founded in 1988 and is currently headquartered in New York City, New York. The company made its debut on the stock market in 1999. BlackRock Earnings Results: Revenue of $4.311B missing expectations of $4.333B Operating Margin of 35.40% missing expectations of 35.59% Performance Fees of $82M missing expectations of $152.92M Technology Services Revenue of $338M missing expectations of $344M Adj Diluted EPS of $9.55 beating expectations of $7.03 Opinion: BlackRock is currently soaring today, moving up over 6%. The company reported earnings before the market opened this morning. BlackRock lost 16% in AUM (Assets Under Management) due to the fall in equity and bond markets. They credit the fall due to the Central Bank raising interest rates to try and curb inflation. AUM levels

The Progressive Corporation ($PGR) Earnings (Q3 FY22)

  The Progressive Corporation ($PGR) Earnings and Opinion: Progressive is a company in the Financial Services sector and operates in the Insurance-Property & Casualty industry. The company provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. Progressive was founded in 1937 and is currently headquartered in Mayfield, Ohio. The company made its public debut on the stock market in 1971. The Progressive Corporation Earnings Results: Revenue of $12.780B missing expectations of $13.109B Operating EPS of $0.52 missing expectations of $0.91 Diluted EPS of $0.20 missing expectations of $1.11 Opinion: Progressive is trading lower, down about 4% in todays trading session. The company reported earnings before the market opened this morning. The stock has rebounded a little bit, but this has to do with the overall gains of the market. We can see

Walgreens Boots Alliance, Inc. ($WBA) Earnings (Q4 FY22)

  Walgreens Boots Alliance, Inc. ($WBA) Earnings and Opinion: Walgreens is a company in the Healthcare sector and operates in the Pharmaceutical Retailers industry, The company operates as a pharmacy-led health and beauty retail company. Walgreens was founded in 1901 and is currently headquartered in Deerfield, Illinois. The company went public on the stock market in 1927. Walgreens Boots Alliance Earnings Results: Revenue of $32.449B beating expectations of $32.276B Adj Gross Profit of $6.515B missing expectations of $6.721B Adj Gross Margin of 20.1% missing expectations of 20.67% Adj Diluted EPS of $0.80 beating expectations of $0.77 Opinion: Walgreens is currently moving up, over 5% in todays trading session. The company reported earnings before the market opened this morning. Walgreens decided to raise the adjusted earnings forecast for the next fiscal year. The company is currently adding primary-care centers to its US locations and gaining more partnerships with health insurers.

Fastenal Company ($FAST) Earnings (Q3 FY22)

  Fastenal Company ($FAST) Earnings and Opinion: Fastenal is a company in the Industrials sector and operates in the Industrial Distribution industry. The company engages the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. Fastenal was founded in 1967 and is currently headquartered in Winona, Minnesota. The company made its debut on the stock market in 1987. Fastenal Earnings Results: Revenue of $1.802B beating expectations of $1.780B Daily Sales of $28.2M beating expectations of $27.9M Gross Margin of 45.9% missing expectations of 46.19% Operating Income of $379.2M beating expectations of $373.45M Pre-Tax Margin of 20.82% beating expectations of 20.72% Adj Diluted EPS of $0.50 beating expectations of $0.48 Opinion: Fastenal is currently moving a slight bit higher. The company reported earnings before the market opened this morning. The company had a pretty solid earnings report, with more beats an

Delta Air Lines, Inc. ($DAL) Earnings (Q3 FY22)

  Delta Air Lines, Inc. ($DAL) Earnings and Opinion: Delta Air Lines is a company in the Industrials sector and operates in the Airlines industry. The company provides scheduled air transportation for passengers and cargo in the United States and internationally. Delta Air Lines was founded in 1924 and is based in Atlanta, Georgia. The company made its debut on the stock market in 2007. Delta Air Lines Earnings Results: Adj Revenue of $12.840B beating expectations of $12.833B EBITDAR of $2.125B beating expectations of $2.006B Adj Pre-Tax Profit of $1.276B missing expectations of $1.321B Adj Net Income of $966M missing expectations of $995M Adj Diluted EPS of $1.51 missing expectations of $1.54 Opinion: Delta Air Lines is failing to find direction in todays trading session. The company is currently trading a tad bit higher, after reporting earnings before the market opened this morning. Delta credits a resurgence in Corporate travel to outpace estimates in this earnings report. While th

Domino's Pizza Inc ($DPZ) Earnings (Q3 FY22)

  Domino's Pizza Inc. ($DPZ) Earnings and Opinion: Domino's Pizza is a company in the Consumer Cyclical sector and operates in the Restaurants industry. The company operates as a pizza company in the United States and internationally. Domino's Pizza was founded in 1960 and is based in Ann Arbor, Michigan. The company made its debut on the stock market in 2004. Domino's Pizza Earnings Results: Revenues of $1.069B beating expectations of $1.064B Operating Income of $176M missing expectations of $178M Operating Margin of 16.51% missing expectations of 16.82% FCF of $158.9M beating expectations of $129.86M Adj Diluted EPS of $2.79 missing expectations of $2.96 Opinion: Domino's Pizza is soaring in todays trading session. The company reported earnings before the market opened this morning. Although the overall earnings report was not the best, the company is up over 7.5% right now. I think one metric is striking investors to be bullish on Domino's. The company saw sa

Duck Creek Technologies, Inc. ($DCT) Earnings (Q4 FY22)

  Duck Creek Technologies, Inc. ($DCT) Earnings and Opinion: Duck Creek Technologies is a company in the Technology sector and operates in the Software-Application industry. The company provides SaaS core systems to the property and casualty insurance industry in the United States and internationally. Duck Creek Technologies was founded in 2016 and is currently headquartered in Boston, Massachusetts. The company made its debut on the public market in August of 2020. Duck Creek Technologies Earnings Results: Revenues of $80.71M beating expectations of $73.15M Adj Gross Profit of $50.04M beating expectations of $42.76M Adj Operating Income of $6.1M beating expectations of $2.82M Adj Diluted EPS of $0.03 beating expectations of $0.02 Opinion: Duck Creek Technologies is currently soaring after market. The company reported earnings after the market closed this afternoon. The company is up over 8% in the after market trading after the company produced a solid earnings report. The company bea

PepsiCo, Inc. ($PEP) Earnings (Q3 FY22)

  Pepsico, Inc. ($PEP) Earnings and Opinion: PepsiCo is a company in the Consumer Defensive sector and operates in the Beverages- Non-Alcoholic industry. The company manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. PepsiCo was founded in 1898 and is currently headquartered in Purchase, New York. The company made its debut on the NYSE in 1919.  PepsiCo Earnings Results: Adj Diluted EPS of $1.97 beating expectations of $1.84 Revenue of $21.971B beating expectations of $20.813B Adj Operating Income of $3.595B beating expectations of $3.315B Adj Operating Margin of 16.36% beating expectations of 15.91% Opinion: PepsiCo is currently moving up almost over 5% in todays trading session. The company reported earnings before the market opened this morning. PepsiCo is doing a wonderful job of curbing inflation with raising prices on its products, which is showing double-digits gains, even though there sales volumes are down. In turn, the company rais

E2open Parent Holdings, Inc. ($ETWO) Earnings (Q2 FY23)

  E2open Parent Holdings, Inc. ($ETWO) Earnings and Opinion: E2open is a company in the Technology sector and operates in the Software-Application industry. The company provides cloud-based and end-to-end supply chain management SaaS platform in the Americas, Europe, and Asia Pacific. E2open was incorporated in 2020 and is currently headquartered in Austin, Texas. The company made its IPO in June of 2020.  E2open Parent Holdings Financial Results: Revenue of $160.68M missing expectations of $162.60M Gross Margin of 66.5% missing expectations of 69.23% Operating Income of -$5.74M missing expectations of $41M Pre-Tax Income of -$540.09M missing expectations of $24.4M Diluted EPS, GAAP of -$1.22 missing expectations of -$0.07 Opinion: E2open is current trading lower in todays trading session, down about 4%. The company reported earnings after the market closed yesterday. One of the main highlights of this report was the subscription revenue. The company saw an 11% year over year growth in

Applied Blockchain, Inc. ($APLD) Earnings (Q1 FY23)

  Applied Blockchain ($APLD) Earnings and Opinion: Applied Blockchain is a company in the Financial Services sector and operates in the Capital Markets industry. The company designs, develops, and operates datacenters in North America. Applied Blockchain was incorporated in 2001 and is based in Dallas, Texas. The company made its IPO earlier this year in April. Applied Blockchain Earnings Results: Revenue of $6.92M beating expectations of $6.64M Gross Margin of 24.08% beating expectations of 15.58% Operating Income of -$2.9M beating expectations of -$3.50M Pre-Tax Income of -$4.66M missing expectations of -$4.10M Diluted EPS, GAAP of $-0.05 in line with expectations of $-0.05 Opinion: Applied Blockchain reported earnings after the markets closed this afternoon. The stock is moving lower after hours, after a pretty solid earnings report. In terms of company performance, Applied Blockchain continues to operate and progress their three datacenter cites. They have a main focus of building

Nike, Inc. ($NKE) Earnings (Q1 FY23)

  Nike, Inc. ($NKE) Earnings and Opinion: Nike is a company in the Consumer Cyclical sector and operates in the Footwear & Accessories industry. The company designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. Nike was founded in 1964 and is currently headquartered in Beaverton, Oregon. The company made its debut on the stock market in 1980.  Nike Earnings Results: Revenues of $12.69B beating expectations of $12.295B Gross Profit of $5.62B beating expectations of $5.57B Operating Profit of $1.84B beating expectations of $1.77B Adjusted EPS of $0.93 in line with expectations  Inventories 39.7% over expectations Opinion: Nike had negative sentiment from their earnings report. The company reported earnings after the market closed on Thursday. Nike saw a decline of almost 13 percent in Fridays trading session. A lot of the concern is credited to the inventories. The earnings report was not bad at all, t