Busy all day, doing all sort of things that do not generate revenues. Nevertheless, “The Fly” has other interests that keep him content — but I am here now. I bring forth news of earnings.
BEHOLD the headlines.
Ctrip reports Q3, beats on revs; expects Q4 net revenue growth to continue at a year-on-year rate of approximately 25-30% vs 35% estimate
Facebook: Lowering FY17 expense guidance to 35-40% y/y (prior: 40-45% y/y)
FY17 CapEx of $7 bln (prior: $7.0-7.5 bln)
Expect FY18 total expenses to grow ~45 to 60% compared to FY17.
Expects FY18 CapEx to “roughly double” FY17.
Murphy Oil misses by $0.23, beats on revs; Tightens 2017 production guidance, raises CapEx outlook
Qualcomm third quarter conference call update (53.46 +2.45)
Co is pleased about its 5G momentum in China.
Co is remained focused on defending its patents in Apple (AAPL) dispute.
Global 3G/4G shipments remain strong with 6% expected growth in FY17 and 8% growth in FY18 at the midpoints.
ASP’s in FY17 flat versus FY16.
Kennametal beats by $0.11, beats on revs; Increases FY18 EPS and sales outlook (43.34 -0.31)
Reports Q1 (Sep) earnings of $0.48 per share, excluding non-recurring items, $0.11 better than the Capital IQ Consensus of $0.37; revenues rose 13.6% year/year to $542.45 mln vs the $516.8 mln Capital IQ Consensus.
Co issues upside guidance for FY18, sees EPS of $2.30-2.60 (Prior $2.00-2.30), excluding non-recurring items, vs. $2.21 Capital IQ Consensus Estimate; Increases organic sales growth to 5-7% from 2-4%.
Qorvo beats by $0.09, beats on revs; guides Q3 EPS below consensus, revs below consensus (74.46 -1.35)
Reports Q2 (Sep) earnings of $1.52 per share, excluding non-recurring items, $0.09 better than the Capital IQ Consensus of $1.43; revenues fell 5.0% year/year to $821.6 mln vs the $810.47 mln Capital IQ Consensus.
Record IDP revenue of $190 million, up 21% year-over-year, and secured record design wins to support strong revenue growth. Increased IoT revenue by 50% year-over-year and doubled GaN revenue year-over-year. Significantly expanded family of antenna control solutions and enjoyed strong growth, supported by increased antenna complexity, 4×4 MIMO implementations and expansion into mid-tier smartphones
Co issues downside guidance for Q3, sees EPS of $1.60, excluding non-recurring items, vs. $1.74 Capital IQ Consensus Estimate; sees Q3 revs of $830-850 mln, excluding non-recurring items, vs. $893.28 mln Capital IQ Consensus Estimate.
FireEye prelim Q3 ($0.04) vs ($0.07) Capital IQ Consensus Estimate; revs $189.60 mln vs $186.41 mln Capital IQ Consensus Estimate
Yelp prelim Q3 $0.29 vs $0.22 Capital IQ Consensus Estimate; revs $222.4 mln vs $220.75 mln Capital IQ Consensus Estimate; Yelp sees Q4 revs $211-216 mln vs $233.07 mln Capital IQ Consensus Estimate
Habit Restaurants misses by $0.02, misses on revs; guides FY17 revs below consensus
Cavium Networks beats by $0.02, reports revs in-line
Symantec misses by $0.03, reports revs in-line; guides Q3 EPS below consensus, revs below consensus; lowers FY18 guidance
Pioneer Natural Resources beats by $0.20, beats on revs
GoPro beats by $0.13, beats on revs; guides Q4 EPS below consensus
Fitbit beats by $0.03, reports revs in-line; guides Q4 EPS above consensus, revs above consensus
Equinix beats by $0.03, beats on revs; guides Q4 revs above consensus
Flowserve beats by $0.03, beats on revs; lowers top end of FY17 EPS guidance to in-line
ZAGG misses by $0.03, beats on revs; guides FY17 revs above consensus
Health Insurance Innovations beats by $0.07, beats on revs; raises FY17 EPS, revs guidance
Tesla prelim Q3 ($2.92) vs ($2.29) Capital IQ Consensus Estimate; revs $2.99 bln vs $2.94 bln Capital IQ Consensus Estimate
Zendesk beats by $0.04, beats on revs; guides Q4 revs in-line; raises FY17 revs guidance again
Shake Shack beats by $0.02, reports revs in-line; guides FY17 revs above consensus; Same-Shack sales decreased 1.6%.
Occidental Petro beats by $0.07, misses on revs
L Brands reports October comps of +2% vs lsd decline prior guidance; sees Q3 EPS to be at the high end of its guidance and reiterates FY 17 EPS guidance of $3.00-3.20; expects Q3 sales of $2618 mln vs $2568 mln consensus
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Facebook says they are spending so much on security that its going to hurt profit. I guess they did not spend that money on $FEYE
Any thoughts on $PI, here?
Bitcoin ripping tits in after hours. So glad I just blindly bought some yesterday. Gonna get my share of the billions being made.
Yeah, touched 6918. Gonna get to 7,000 before the NASDAQ will.
Did you buy by the normal ‘ounce’ variety that the metals provide?