Earnings 1/30/23-2/3/23

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Amazon.com, Inc. $102.24

Amazon.com, Inc. (AMZN) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, February 2, 2023. The consensus earnings estimate is $0.19 per share on revenue of $145.40 billion and the Earnings Whisper ® number is $0.19 per share. Investor sentiment going into the company’s earnings release has 57% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 86.31% with revenue increasing by 5.81%. Short interest has decreased by 8.9% since the company’s last earnings release while the stock has drifted higher by 4.4% from its open following the earnings release to be 9.2% below its 200 day moving average of $112.61. Overall earnings estimates have been revised lower since the company’s last earnings release. On Friday, January 27, 2023 there was some notable buying of 55,728 contracts of the $110.00 call expiring on Friday, February 3, 2023. Option traders are pricing in a 8.6% move on earnings and the stock has averaged a 9.1% move in recent quarters.

Apple, Inc. $145.93

Apple, Inc. (AAPL) is confirmed to report earnings at approximately 4:30 PM ET on Thursday, February 2, 2023. The consensus earnings estimate is $1.93 per share on revenue of $122.05 billion and the Earnings Whisper ® number is $1.96 per share. Investor sentiment going into the company’s earnings release has 42% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 8.10% with revenue decreasing by 1.53%. Short interest has increased by 12.2% since the company’s last earnings release while the stock has drifted lower by 1.5% from its open following the earnings release to be 1.1% below its 200 day moving average of $147.61. Overall earnings estimates have been revised lower since the company’s last earnings release. On Monday, January 23, 2023 there was some notable buying of 41,828 contracts of the $140.00 put expiring on Friday, April 21, 2023. Option traders are pricing in a 4.8% move on earnings and the stock has averaged a 4.1% move in recent quarters.

SoFi $5.94

SoFi (SOFI) is confirmed to report earnings at approximately 7:00 AM ET on Monday, January 30, 2023. The consensus estimate is for a loss of $0.09 per share on revenue of $426.03 million and the Earnings Whisper ® number is ($0.08) per share. Investor sentiment going into the company’s earnings release has 64% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 40.00% with revenue increasing by 49.17%. Short interest has decreased by 7.0% since the company’s last earnings release while the stock has drifted lower by 8.0% from its open following the earnings release to be 1.8% above its 200 day moving average of $5.84. Overall earnings estimates have been revised lower since the company’s last earnings release. On Friday, January 27, 2023 there was some notable buying of 27,087 contracts of the $6.00 call expiring on Friday, February 3, 2023. Option traders are pricing in a 15.2% move on earnings and the stock has averaged a 12.6% move in recent quarters.

Advanced Micro Devices, Inc. $75.40

Advanced Micro Devices, Inc. (AMD) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, January 31, 2023. The consensus earnings estimate is $0.67 per share on revenue of $5.51 billion and the Earnings Whisper ® number is $0.66 per share. Investor sentiment going into the company’s earnings release has 49% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 25.56% with revenue increasing by 14.17%. Short interest has decreased by 18.0% since the company’s last earnings release while the stock has drifted higher by 19.7% from its open following the earnings release to be 5.1% below its 200 day moving average of $79.42. Overall earnings estimates have been revised lower since the company’s last earnings release. On Thursday, January 12, 2023 there was some notable buying of 34,113 contracts of the $70.00 call and 15,199 contracts of the $70.00 put expiring on Friday, February 17, 2023. Option traders are pricing in a 8.4% move on earnings and the stock has averaged a 4.2% move in recent quarters.

Meta Platforms, Inc. $151.74

Meta Platforms, Inc. (META) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, February 1, 2023. The consensus earnings estimate is $2.32 per share on revenue of $31.80 billion and the Earnings Whisper ® number is $2.25 per share. Investor sentiment going into the company’s earnings release has 39% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 36.78% with revenue decreasing by 5.56%. Short interest has increased by 11.8% since the company’s last earnings release while the stock has drifted higher by 54.9% from its open following the earnings release to be 0.4% below its 200 day moving average of $152.37. Overall earnings estimates have been revised lower since the company’s last earnings release. On Monday, January 9, 2023 there was some notable buying of 13,125 contracts of the $127.00 put and 13,047 contracts of the $134.00 call expiring on Friday, February 24, 2023. Option traders are pricing in a 10.0% move on earnings and the stock has averaged a 13.6% move in recent quarters.

Alphabet Inc. $99.37

Alphabet Inc. (GOOGL) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, February 2, 2023. The consensus earnings estimate is $1.17 per share on revenue of $76.60 billion and the Earnings Whisper ® number is $1.14 per share. Investor sentiment going into the company’s earnings release has 54% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 23.75% with revenue increasing by 1.69%. Short interest has decreased by 22.7% since the company’s last earnings release while the stock has drifted higher by 3.0% from its open following the earnings release to be 5.8% below its 200 day moving average of $105.45. Overall earnings estimates have been revised lower since the company’s last earnings release. On Monday, January 23, 2023 there was some notable buying of 28,429 contracts of the $100.00 call and 26,800 contracts of the $100.00 put expiring on Friday, March 17, 2023. Option traders are pricing in a 6.0% move on earnings and the stock has averaged a 6.0% move in recent quarters.

Exxon Mobil Corp. $115.61

Exxon Mobil Corp. (XOM) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, January 31, 2023. The consensus earnings estimate is $3.32 per share on revenue of $99.65 billion and the Earnings Whisper ® number is $3.41 per share. Investor sentiment going into the company’s earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 61.95% with revenue increasing by 17.28%. Short interest has decreased by 9.7% since the company’s last earnings release while the stock has drifted higher by 5.6% from its open following the earnings release to be 18.5% above its 200 day moving average of $97.56. Overall earnings estimates have been revised lower since the company’s last earnings release. On Thursday, January 26, 2023 there was some notable buying of 7,500 contracts of the $115.00 put expiring on Friday, February 3, 2023. Option traders are pricing in a 3.9% move on earnings and the stock has averaged a 3.1% move in recent quarters.

United Parcel Service, Inc. $182.09

United Parcel Service, Inc. (UPS) is confirmed to report earnings at approximately 6:00 AM ET on Tuesday, January 31, 2023. The consensus earnings estimate is $3.58 per share on revenue of $28.17 billion and the Earnings Whisper ® number is $3.66 per share. Investor sentiment going into the company’s earnings release has 55% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 0.28% with revenue increasing by 1.44%. Short interest has increased by 20.9% since the company’s last earnings release while the stock has drifted higher by 5.7% from its open following the earnings release to be 1.1% above its 200 day moving average of $180.18. Overall earnings estimates have been revised lower since the company’s last earnings release. On Monday, January 23, 2023 there was some notable buying of 5,014 contracts of the $165.00 put expiring on Friday, February 17, 2023. Option traders are pricing in a 6.5% move on earnings and the stock has averaged a 5.9% move in recent quarters.

General Motors Corp. $37.95

General Motors Corp. (GM) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, January 31, 2023. The consensus earnings estimate is $1.65 per share on revenue of $40.30 billion and the Earnings Whisper ® number is $1.74 per share. Investor sentiment going into the company’s earnings release has 51% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 22.22% with revenue increasing by 20.00%. Short interest has decreased by 16.1% since the company’s last earnings release while the stock has drifted higher by 4.1% from its open following the earnings release to be 3.5% above its 200 day moving average of $36.67. Overall earnings estimates have been revised lower since the company’s last earnings release. On Tuesday, January 10, 2023 there was some notable buying of 15,439 contracts of the $40.00 call expiring on Friday, March 17, 2023. Option traders are pricing in a 7.0% move on earnings and the stock has averaged a 4.0% move in recent quarters.

Pfizer, Inc. $43.79

Pfizer, Inc. (PFE) is confirmed to report earnings at approximately 6:45 AM ET on Tuesday, January 31, 2023. The consensus earnings estimate is $1.04 per share on revenue of $24.43 billion and the Earnings Whisper ® number is $1.05 per share. Investor sentiment going into the company’s earnings release has 56% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 3.70% with revenue increasing by 2.48%. Short interest has decreased by 40.5% since the company’s last earnings release while the stock has drifted lower by 8.8% from its open following the earnings release to be 10.1% below its 200 day moving average of $48.71. Overall earnings estimates have been revised lower since the company’s last earnings release. On Thursday, January 26, 2023 there was some notable buying of 67,449 contracts of the $43.00 put expiring on Friday, February 3, 2023. Option traders are pricing in a 4.5% move on earnings and the stock has averaged a 2.9% move in recent quarters.

Big week!

Made the descriptions hidden with a dropdown this time. Better?

I’m going to try adding a chart like Beaker use to do, this weekend.

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1/30 BMO Releases

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SOFi looks good big EPS best positive guidance

ARLP beat upped guidance increased buyback and divi

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PHG looks like a decent beat and good news. Plus job cuts. Looking at the chart may look at a March call at a later date.

Koninklijke Philips NV (NYSE:PHG) would reduce its workforce by an additional 6,000 roles globally by 2025, of which 3,000 will be implemented in 2023 to restore its profitability following a recall of respiratory devices.

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WHR had good beat and raised guidence… not sure about this article though?

Whirlpool Beats

Whirlpool (WHR) reported 4th Quarter December 2022 earnings of $3.89 per share on revenue of $4.9 billion. The consensus earnings estimate was $3.43 per share on revenue of $5.1 billion. The Earnings Whisper number was $3.52 per share. Revenue fell 15.3% compared to the same quarter a year ago.

The company said it expects 2023 earnings of $16.00 to $18.00 per share on revenue of approximately $19.40 billion. The current consensus earnings estimate is $15.93 per share on revenue of $19.17 billion for the year ending December 31, 2023.

SANM also good beat and raised guidence.

Sanmina Guides Above Estimates

Sanmina (SANM) reported 1st Quarter December 2022 earnings of $1.49 per share on revenue of $2.4 billion. The consensus earnings estimate was $1.27 per share on revenue of $2.2 billion. Revenue grew 34.4% on a year-over-year basis.

The company said it expects second quarter non-GAAP earnings of $1.50 to $1.60 per share on revenue of $2.20 billion to $2.30 billion. The current consensus earnings estimate is $1.47 per share on revenue of $2.16 billion for the quarter ending March 31, 2023.

NXPI has awful earnings and lowered guidence.

Nxp Semiconductors Misses

Nxp Semiconductors (NXPI) reported 4th Quarter December 2022 earnings of $2.76 per share on revenue of $3.3 billion. The consensus earnings estimate was $3.60 per share on revenue of $3.3 billion. The Earnings Whisper number was $3.68 per share. Revenue grew 9.0% on a year-over-year basis.

The company said it expects first quarter non-GAAP earnings of $2.82 to $3.22 per share on revenue of $2.90 billion to $3.10 billion. The current consensus earnings estimate is $3.10 per share on revenue of $3.18 billion for the quarter ending March 31, 2023.

NXPI has been dragged up by the market, SANM and WHR look beat up so could be some good plays tomorrow.

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HP nice beat too

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CAT- had big sales growth huge revenue growth but net income was down with increase in costs. Took an intial hit at release but actually seem like pretty good numbers.

MCD- sales down slightly but revenue up on increased prices. Outlook to expansion adding more stores. Probably out on this one.

SPOT- EPS miss. However huge subsrciber growth and ad revenue similar to NFLX. This one is running premarket. Has been beat down some. This is top of the list currently.

GM- EPS beat revenue beat and profit beat. These numbers were actually quite impressive especially for a quarter when slowing would have been expected.

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Forgot UPS- revenue missed but was up YOY also divi increase and bug buyback announced.

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Still not sure but watching the same, GM, CAT, SPOT, UPS.

MCD now moving back up

Some warning signs in the AMD earnings report.

Cost of sales up 33% versus revenue up 16%. And that Net Income is yikes.

Increase in cost of sales is visibly outpacing revenue growth. Not a good sign.

Net Income down big. Operating Income turned negative. Forgot to highlight this in the screenshot below and too lazy to redo it.

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UPS and SPOT good plays. SPOT second 107ish bounce would have paid big. UPS dip at open and IV crush fills would have printed too.

GM was a bit of a disappointment. Was good right out of open and then traded in basically a .30 cent range all day. Most boring post ER move ever. But still was good for many. Which is always great.

Watching SYK EW with TMUS and HUM I’m the morning.

SYK sales beat eps best upped guidance and sales guidance. Could be a good runner. Up at highs already though. But it’s EPS was best it’s had in last 5 quarters.

EW EPS beat revenue beat and guided up. This one is down a lot from its highs.

Most interested in TMUS in morning. Was a runner last quarter.

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Quick touch on todays reports MO was a solid 100 percenters or more. Off share repurchase news. EW also was good play tossing these aside because market was insane in afternoon.

But on tonight’s prints META was a big runner 40b buyback is insane. According to what I know there is roughly 2.5 billion float owne by 75 percent institutions this cuts the non institutional ownership down to roughly 5 billion the share buyback at an average underlying price average of 200 equals 2b shares. That one a lot coming out of the market.

Good ones here In the am as well.

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Seems like a good week on trading earnings. Can’t wait until next week and new ones. Didn’t trade at all today so hope all doing well.

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$SPOT had two upgrades this morning. Could be a good bullish play depending on volume and momentum today. @jjcox82 this seems kinda like your style play?

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For sure would be similar to GM Thursday. Up now and market down

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