Valhalla’s Most Anticipated Earnings / October 24th 2022

[Ticown]

[color=#d4a218]Royal Philips, ($PHG)[/color]
Royal Philips, ($PHG) is confirmed to report earnings on Monday 24th before market open, although a specific time has not yet been announced. The consensus estimate by the Earnings Whisper is for $0.24 per share on a revenue of $18.17 billion. PHG reported 2nd Quarter June 2022 earnings of $0.15 per share on revenue of $4.5 billion. Revenue grew 0.0% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 46% expecting an earnings beat. Short interest is considered to be healthy with 0.23% of the float being sold short. The stock has drifted lower by 39.26% from its open following the earnings release. Option traders are pricing in a 12.4% move on earnings.

[color=#d4a218]General Motors Corp., ($GM)[/color]
General Motors Corp., ($GM) is confirmed to report earnings at approximately 6:00 AM EST on Tuesday 25th. The consensus estimate by the Earnings Whisper is for $1.91 per share on a revenue of $41.78 billion. GM reported 2nd Quarter June 2022 earnings of $1.14 per share on revenue of $35.8 billion. Revenue grew 4.7% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 40% expecting an earnings beat. Short interest is considered to be healthy with 1.67% of the float being sold short. The stock has drifted lower by 1.63% from its open following the earnings release. Option traders are pricing in a 6.4% move on earnings.

[color=#d4a218]United Parcel Service, Inc., ($UPS)[/color]
United Parcel Service, Inc., ($UPS) is confirmed to report earnings at approximately 6:00 AM EST on Tuesday 25th. The consensus estimate by the Earnings Whisper is for $2.84 per share on a revenue of $24.42 billion. UPS reported 2nd Quarter June 2022 earnings of $3.29 per share on revenue of $24.8 billion. Revenue grew 5.7% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 38% expecting an earnings beat. Short interest is considered to be healthy with 1.12% of the float being sold short. The stock has drifted lower by 10.13% from its open following the earnings release. Option traders are pricing in a 6.6% move on earnings.

[color=#d4a218]General Electric Co., ($GE)[/color]
General Electric Co., ($GE) is confirmed to report earnings at approximately 6:20 AM EST on Tuesday 25th. The consensus estimate by the Earnings Whisper is for $0.47 per share on a revenue of $19.02 billion. GE reported 2nd Quarter June 2022 earnings of $0.78 per share on revenue of $18.6 billion. Revenue grew 2.0% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 59% expecting an earnings beat. Short interest is considered to be healthy with 1.04% of the float being sold short. The stock has drifted higher by 5.60% from its open following the earnings release. Option traders are pricing in a 5.9% move on earnings.

[color=#d4a218]Google, ($GOOG)[/color]
Google, ($GOOG) is confirmed to report earnings at approximately 4:10 PM EST on Tuesday 25th. The consensus estimate by the Earnings Whisper is for $1.25 per share on a revenue of $70.98 billion. GOOG reported 2nd Quarter June 2022 earnings of $1.21 per share on revenue of $69.7 billion. Revenue grew 12.6% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 68% expecting an earnings beat. Short interest is considered to be healthy with 0.30% of the float being sold short. The stock has drifted lower by 11.88% from its open following the earnings release. Option traders are pricing in a 6.3% move on earnings.

[color=#d4a218]Microsoft Corp., ($MSFT)[/color]
Microsoft Corp., ($MSFT) is confirmed to report earnings at approximately 4:05 PM EST on Tuesday 25th. The consensus estimate by the Earnings Whisper is for $2.30 per share on a revenue of $50.08 billion. MSFT reported Quarter June 2022 earnings of $2.23 per share on revenue of $51.9 billion. Revenue grew 12.4% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 66% expecting an earnings beat. Short interest is considered to be healthy with 0.48% of the float being sold short. The stock has drifted lower by 8.10% from its open following the earnings release. Option traders are pricing in a 6.3% move on earnings.

[color=#d4a218]Spotify Technology S.A., ($SPOT)[/color]
Spotify Technology S.A., ($SPOT) is confirmed to report earnings at approximately 4:00 PM EST on Tuesday 25th. The consensus estimate by the Earnings Whisper is for ($0.88) per share on a revenue of $3.06 billion. SPOT reported a 2nd Quarter June 2022 loss of $0.91 per share on revenue of $3.1 billion. Revenue grew 8.7% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 34% expecting an earnings beat. Short interest is considered to be healthy with 4.16% of the float being sold short. The stock has drifted lower by 17.63% from its open following the earnings release. Option traders are pricing in a 10.8% move on earnings.

[color=#d4a218]Boeing Co., ($BA)[/color]
Boeing Co., ($BA) is confirmed to report earnings at approximately 7:30 AM EST on Wednesday 26th. The consensus estimate by the Earnings Whisper is for ($0.09) per share on a revenue of $18.87 billion. BA reported a 2nd Quarter June 2022 loss of $0.37 per share on revenue of $16.7 billion. Revenue fell 1.9% compared to the same quarter a year ago. Investor sentiment going into the company’s earnings release has 56% expecting an earnings beat. Short interest is considered to be healthy with 1.52% of the float being sold short. The stock has drifted lower by 12.03% from its open following the earnings release. Option traders are pricing in a 6.2% move on earnings.

[color=#d4a218]Ford Motor Company, ($F)[/color]
Ford Motor Company, ($F) is confirmed to report earnings at approximately 4:05 PM EST on Wednesday 26th. The consensus estimate by the Earnings Whisper is for $0.37 per share on a revenue of $37.41 billion. F reported 2nd Quarter June 2022 earnings of $0.68 per share on revenue of $40.2 billion. Revenue grew 50.2% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 58% expecting an earnings beat. Short interest is considered to be healthy with 3.34% of the float being sold short. The stock has drifted lower by 4.45% from its open following the earnings release. Option traders are pricing in a 7.1% move on earnings.

[color=#d4a218]Meta Platforms, Inc., ($META)[/color]
Meta Platforms, Inc., ($META) is confirmed to report earnings at approximately 4:05 PM EST on Wednesday 26th. The consensus estimate by the Earnings Whisper is for $1.82 per share on a revenue of $27.87 billion. META reported 2nd Quarter June 2022 earnings of $2.46 per share on revenue of $28.8 billion. Revenue fell 0.9% compared to the same quarter a year ago. Investor sentiment going into the company’s earnings release has 43% expecting an earnings beat. Short interest is considered to be healthy with 1.13% of the float being sold short. The stock has drifted lower by 25.30% from its open following the earnings release. Option traders are pricing in a 11.2% move on earnings.

[color=#d4a218]Comcast Corp., ($CMCSA)[/color]
Comcast Corp., ($CMCSA) is confirmed to report earnings at approximately 7:00 AM EST on Thursday 27th. The consensus estimate by the Earnings Whisper is for $0.89 per share on a revenue of $30.07 billion. CMCSA reported 2nd Quarter June 2022 earnings of $1.01 per share on revenue of $30.0 billion. Revenue grew 5.1% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 32% expecting an earnings beat. Short interest is considered to be healthy with 1.71% of the float being sold short. The stock has drifted lower by 26.36% from its open following the earnings release. Option traders are pricing in a 6.3% move on earnings.

[color=#d4a218]Amazon.com, Inc., ($AMZN)[/color]
Amazon.com, Inc., ($AMZN) is confirmed to report earnings at approximately 4:00 PM EST on Thursday 27th. The consensus estimate by the Earnings Whisper is for $0.23 per share on a revenue of $126.42 billion. AMZN reported 2nd Quarter June 2022 earnings of $0.10 per share on revenue of $121.2 billion. Revenue grew 7.2% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 67% expecting an earnings beat. Short interest is considered to be healthy with 0.77% of the float being sold short. The stock has drifted lower by 2.23% from its open following the earnings release. Option traders are pricing in a 7.5% move on earnings.

[color=#d4a218]Apple, Inc., ($AAPL)[/color]
Apple, Inc., ($AAPL) is confirmed to report earnings at approximately 4:30 PM EST on Thursday 27th. The consensus estimate by the Earnings Whisper is for $1.26 per share on a revenue of $90.00 billion. AAPL reported 3rd Quarter June 2022 earnings of $1.20 per share on revenue of $83.0 billion. Revenue grew 1.9% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 61% expecting an earnings beat. Short interest is considered to be healthy with 0.64% of the float being sold short. The stock has drifted lower by 4.80% from its open following the earnings release. Option traders are pricing in a 5.4% move on earnings.

[color=#d4a218]Intel Corp., ($INTC)[/color]
Intel Corp., ($INTC) is confirmed to report earnings at approximately 4:00 PM EST on Thursday 27th. The consensus estimate by the Earnings Whisper is for $0.34 per share on a revenue of $18.62 billion. INTC reported 2nd Quarter June 2022 earnings of $0.29 per share on revenue of $15.3 billion. Revenue fell 22.0% compared to the same quarter a year ago. Investor sentiment going into the company’s earnings release has 20% expecting an earnings beat. Short interest is considered to be healthy with 1.58% of the float being sold short. The stock has drifted lower by 35.68% from its open following the earnings release. Option traders are pricing in a 7.6% move on earnings.

[color=#d4a218]Exxon Mobil Corp., ($XOM)[/color]
Exxon Mobil Corp., ($XOM) is confirmed to report earnings at approximately 6:30 AM EST on Friday 28th. The consensus estimate by the Earnings Whisper is for $3.59 per share on a revenue of $119.12 billion. XOM reported 2nd Quarter June 2022 earnings of $4.14 per share on revenue of $115.7 billion. Revenue grew 70.8% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 81% expecting an earnings beat. Short interest is considered to be healthy with 0.85% of the float being sold short. The stock has drifted higher by 14.20% from its open following the earnings release. Option traders are pricing in a 4.4% move on earnings.

[color=#d4a218]Chevron Corporation, ($CVX)[/color]
Chevron Corporation, ($CVX) is confirmed to report earnings at approximately 6:15 AM EST on Friday 28th. The consensus estimate by the Earnings Whisper is for $5.06 per share on a revenue of $57.94 billion. CVX reported 2nd Quarter June 2022 earnings of $5.82 per share on revenue of $68.8 billion. Revenue grew 82.9% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 81% expecting an earnings beat. Short interest is considered to be healthy with 1.00% of the float being sold short. The stock has drifted higher by 15.99% from its open following the earnings release. Option traders are pricing in a 4.4% move on earnings.

[color=#d4a218]Equinor ASA, ($EQNR)[/color]
Equinor ASA, ($EQNR) is confirmed to report earnings on Friday 28th before market open, although a specific time has not yet been announced. The consensus estimate by the Earnings Whisper is for $1.78 per share on a revenue of $57.68 billion. EQNR reported 2nd Quarter June 2022 earnings of $1.56 per share on revenue of $36.4 billion. Revenue grew 108.4% on a year-over-year basis. Investor sentiment going into the company’s earnings release has 70% expecting an earnings beat. Short interest is considered to be healthy with 0.25% of the float being sold short. The stock has drifted lower by 1.36% from its open following the earnings release. Option traders are pricing in a 8.7% move on earnings.

[Arsynic]

Thinking about META puts. Metaverse is a failure and a huge money sink. Zuck has a hard on for it, so if during the call it’s announced he’s moving forward with it in any capacity, I see a sell off. If he capitulates and kills it, it’s billions lost. There’s a good chance for loss of monthly active users, but I don’t think it’ll be a significant number. Boomers fucking love Facebook and don’t ever leave it.

Keep in mind. The board can’t do shit to stop Zuck and that alien robot psycho’s entire ego is in Metaverse. I don’t see him just giving up on it.

[TheMadBeaker]

Earnings AH today:

[jjcox82]

strong textA lot of reports some smaller companies. Going to update this in the morning with premarket earnings. But wanted to start now since so many to go through.

DFS- average wsj PT 113 mixed ratings as hold and buy.

EPS miss
Growth beat.

This was an interesting tidbit.

Share Repurchase

The company repurchased approximately 2.1 million shares of common stock for $212 million through July 20th, 2022, prior to the temporary suspension in our share repurchase program. Shares of common stock outstanding declined by 0.7% from the prior quarter.

The Company previously disclosed an internal investigation relating to its student loan servicing practices and related compliance matters that is being conducted under the oversight of a board-appointed independent special committee. The investigation is ongoing, and the previously announced suspension of the Company’s share repurchase program remains in place.

For future play potential I thought this was significant.

Dividend Declaration

The Board of Directors declared a quarterly cash dividend of $0.60 per share of common stock payable on December 8, 2022, to holders of record at the close of business on November 23, 2022.

All in all seems kind of mixed to me. Probably better plays incoming.

**XM **this one interests me some down 73% on the year.

EPS- big time beat.
Growth- beat
Guidance-up
Float-147M
SI- 3%

• Q3 2022 total revenue of $377.5M, up 39% year over year
• Q3 2022 subscription revenue of $314.8M, up 43% year over year
• Total remaining performance obligations1 of $1,894.7M, up 39% year over year
• Next 12 months remaining performance obligations of $1,047.2M, up 34% year over year

Third Quarter 2022 Financial Highlights:

• Revenue: Total revenue for the third quarter was $377.5 million, up from $271.6 million one year ago, an increase of 39% year over year. Subscription revenue for the third quarter was $314.8 million, up from $220.3 million one year ago, an increase of 43% year over year.

Operating Income (Loss) and Margin: Third quarter operating loss was $(239.9) million, compared to $(277.5) million one year ago. Non-GAAP operating income for the third quarter (see discussion of non-GAAP operating income and margin measures below) was $22.6 million, compared to non-GAAP operating income of $13.3 million one year ago. For the third quarter, GAAP operating margin was (64)% and non-GAAP operating margin was 6%, compared to GAAP operating margin of (102)% and non-GAAP operating margin of 5% one year ago.

• Net Income (Loss) and Net Income (Loss) Per Share: Third quarter net loss was $(233.5) million, or $(0.40) per share, compared to $(286.0) million, or $(0.56) per share in the third quarter of fiscal year 2021. Non-GAAP net income (see discussion of the non-GAAP net income measure below) for the third quarter was $26.4 million, or $0.04 per share, compared to non-GAAP net income of $5.9 million, or $0.01per share, in the third quarter of fiscal year 2021.

Cash and Cash Equivalents: Total cash and cash equivalents as of September 30, 2022 was $731.7 million.

Largely bullish on this one it’s up 10 percent AH going to put this one on watch.

[TheMadBeaker]

Premarket earnings:

[jjcox82]

Morning earnings there is a lot and big ones. So if anyone wants to take a peak and make sure I didn’t miss something somewhere that would be great.

****ADM ** these guys crushed EPS and Revenue also gave good guidance for 22 and 2023 both were pretty substantial beats.

Average PT -98 with hold rating

Third Quarter 2022 Highlights

(Amounts in millions except per share amounts) 2022 2021
Earnings per share (as reported) $ 1.83 $ 0.93
Adjusted earnings per share1 $ 1.86 $ 0.97

Segment operating profit $ 1,559 $ 1,000
Adjusted segment operating profit (loss)1 $ 1,579 $ 1,002
Ag Services and Oilseeds 1,075 618
Carbohydrate Solutions 309 213
Nutrition 177 176
Other Business 18 (5 )

• Q3 2022 EPS as reported of $1.83 includes a $0.07 per share charge related primarily to impairments and restructuring; a $0.04 per share gain related to the sale of certain assets; a $0.01 per share gain related to the mark-to-market adjustment on the Wilmar exchangeable bond; and a $0.01 per share tax expense related to certain discrete items. Adjusted EPS, which excludes these items, was $1.86.1

UPS
EPS- beat
Revenue- beat
Guidance- confirmed

Average PT- 197 with mix of buy and hold

Consolidated Revenues of $24.2B, Up 4.2% from Last Year
Consolidated Operating Profit of $3.1B, Up 7.5% from Last Year; Up 6.0% on an Adjusted* Basis
Diluted EPS of $2.96; Adjusted Diluted EPS Up 10.3% Over Last Year to $2.99 Reaffirms FY 2022 Consolidated Revenue, Adjusted Operating Margin and Adjusted Return on Invested Capital Targets

GM-
EPS- beat
Revenue- beat and was a record for them
Guidance confirmed

Average PT 47 rated as majority Buy

Announced Dividend

DETROIT, Oct. 24, 2022 /PRNewswire/ – General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a fourth quarter 2022 cash dividend on the company’s outstanding common stock of $0.09 per share payable Thursday, Dec. 15, 2022, to all common shareholders of record as of the close of trading on Friday, Dec. 2, 2022

• Total orders $20.0B, (9)%; organic orders (7)%
• Total revenues (GAAP) $19.1B, +3%; adjusted revenues* $18.4B, +7% organically*
• Profit margin (GAAP) of (0.3)%, (340) bps; adjusted profit margin* 5.8%, (190) bps organically*
• Continuing EPS (GAAP) of $(0.14), $(0.67); adjusted EPS* $0.35, $(0.18)
• Cash from Operating Activities (GAAP) $1.3B, $(0.1)B; free cash flow* $1.2B, $(0.2)B
• Excluding Renewable Energy higher warranty and related reserves of $0.5B, adjusted profit margin* 8.5%, +80 bps organically*; adjusted EPS* $0.75, +$0.22

KO-coca cola

EPS beat
Revenue- beat

4%

Net Revenues Grew 10%;
Organic Revenues (Non-GAAP) Grew 16%

Operating Income Grew 7%;
Comparable Currency Neutral Operating Income (Non-GAAP) Grew 18%

Operating Margin Was 27.9% Versus 28.9% in the Prior Year;
Comparable Operating Margin (Non-GAAP) Was 29.5% Versus 30.0% in the Prior Year

EPS Grew 14% to $0.65; Comparable EPS (Non-GAAP) Grew 7% to $0.69

I’m watching this one pretty good post. And similar to PEP that ran day of earnings.

RTX - also confirmed share buyback for remainder of 2022 for

• Confirms share repurchase of at least $2.5 billion of RTX shares

EPS- beat
Revenue- beat

Third quarter 2022

• Sales of $17.0 billion, up 5 percent versus prior year including 6 percent organic growth
• GAAP EPS from continuing operations of $0.94, up 1 percent versus prior year, including $0.27 of acquisition accounting adjustments and net significant and/or non-recurring charges
• Adjusted EPS of $1.21, down 4 percent versus prior year
• Operating cash flow from continuing operations of $778 million; Free cash flow of $263 million
• Achieved approximately $105 million of incremental RTX gross cost synergies
• Repurchased $616 million of RTX shares

[jjcox82]

Adding SHW strong report had just announced dividend last week. Up good premarket. Their call is at 11 so I’d either be out by then or wait til after.

[dooknukem]

• Raytheon Technologies press release(NYSE:RTX): Q3 Non-GAAP EPS of $1.21 beats by $0.07.
• Revenue of $17B (+4.9% Y/Y) misses by $250M.
• Shares +1.4% PM.
• Outlook for full year 2022
  • Sales of $67.0 - $67.3 billion, down from $67.75 - $68.75 billion vs. $67.66B consensus.
  • Adjusted EPS of $4.70 - $4.80, up from $4.60 - $4.80 vs. $4.69 consensus.
  • Confirms free cash flow of approximately $4.0 billion
  • Confirms share repurchase of at least $2.5 billion of RTX shares

[jjcox82]

VLO- eps miss huge Revenue growth 463 million to 2.8 billion compared to year ago. Down premarket but adding this one to rebound that’s big time growth YOY

[PaperhandsJB]

Probably passing on RTX as sales was a miss. SHW pretty decent but premiums are high and contracts are for Nov 18th. Might be good to see if it dips this week if earnings not great then enter. ADM has my interest but is near an all time high already. Calls at 90 support or 89.50 KO calls on a bounce at 57/58/58.50 riskier, resistance 60/62.

[PaperhandsJB]

ADM has my interest but near an all time high. Calls at 90/89.50/89 support. Resistance 92/94.
KO calls on a bounce at 57/58/58.50 riskier, resistance 60/62

[TheMadBeaker]

After hour earnings…

[jjcox82]

First I want to touch on GOOG and MSFT. I’m probably not playing them however I wanted to give an opinion and thoughts. Before everyone full ports puts. As we have noticed and documented many a times I’m this thread the intial move is largely algorithmic. And many times it starts trending back the other direction after the initial move.

MSFT had a beat and lowered guidance and actually beat a lowered guidance for this quarter however looking back at the previous two quarters as I’ll post below you can see their EPS was actually better than the previous two quarters. Their revenue was right in line. With the previous 2. They are currently trading near 2020 levels. They were producing revenue in the mid 30B range at that point they are currently still in the 50B range.

GOOG was a miss but this shouldn’t have been a big surprise when they have actually missed the last 3 quarters and their revenue was right in line with last quarter and they had a higher estimated revenue this quarter. Frankly a lot of GOOG revenue comes from AdWords and advertising. Well business has been good for a long time for companies that don’t need to spend ad revenue. I have personal cut my Google ad spend I’m last 2 years from 6-8000 a month under 2000. Because you didn’t need to advertise.

Just wanted to point out that I don’t consider either of these two to be the start to economic collapse. They didn’t miss bad and weren’t selling the world is on fire. And honestly wouldn’t be shocked to see them start to bounce back. As many probably see them as a value at their current levels. Who wouldn’t want a 6 percent discount on largely safe havens.

At this point I’m all eyes on V I’ll update what their release looks like in morning after I see morning prints as well.

[jjcox82]

Wanted to put up the V highlights even though most have probably already heard. Was just reading through the release and really nothing I can find bad.

EPS- beat
Revenue- beat
Avg PT-250
Rating- heavy buy

Visa Inc. Reports Fiscal Fourth Quarter and Full-Year 2022
Results
San Francisco, CA, October 25, 2022 – Visa Inc. (NYSE: V)
Fiscal Fourth Quarter Results:
• GAAP net income of $3.9B or $1.86 per share and non-GAAP net income of $4.1B or $1.93 per share
• Net revenues of $7.8B, an increase of 19%, or 23% on a constant-dollar basis
Fiscal Full-Year Results:
• GAAP net income of $15.0B or $7.00 per share and non-GAAP net income of $16.0B or $7.50 per share
• Net revenues of $29.3B, an increase of 22%, or 24% on a constant-dollar basis
Other Highlights:
• Fiscal fourth quarter payments volume and processed transaction growth remained strong, while cross-border volume continued to recover
• Returned $2.9B and $14.8B of capital to shareholders for fiscal fourth quarter and full-year, respectively, in the form of share repurchases and dividends

** • The board of directors increased Visa’s quarterly cash dividend 20% to $0.45 per share and authorized a new $12.0B share repurchase program

Divi increase new share buyback big one at that PT way over current price I’d expect upgrades in the morning. Not much to question here.

Net income up YOY and expenses down income up QOQ really couldn’t ask for better setup other than outlier that is the broader market. If market wasn’t drawn down I’d expect a big time run tomorrow. But will revisit in AM. If it were to stay close to where it is now I’ll be looking at 200c or 205c.

[jjcox82]

BA- had EPS and Revenue miss but might be one to look deeper into the numbers.

Cash flow is up big YOY and revenue up big as well. The miss was mostly in the defense segment with pre negotiated contracts IE Air Force 1 etc. this could have been largely expected with fuel cost general inflation these pre determined contracts didn’t work out.

They also announced a backlog of 381 billion and 4300 commercial airliners. This seems bullish as all fuck to me.

I’d be careful here as most of their numbers other than the EPS revenue headliners were strong. Also their call is at 10:30 ET so market is open. I could actually see a run up on this. As algo dropped on simply the headline numbers. But future is bright with them it seems. Maintained guidance as well.

Third Quarter 2022

• Operating cash flow of $3.2 billion; continue to expect positive free cash flow for 2022
• Resumed 787 deliveries and delivered 9 airplanes
• Recorded losses on fixed-price defense development programs
• Revenue of $16.0 billion; GAAP loss per share of ($5.49) and core (non-GAAP) loss per share of ($6.18)*
• Total backlog of $381 billion; including over 4,300 commercial airplanes

[TheMadBeaker]

Morning results:

[PaperhandsJB]

Remember what TSLA did after bad earnings then rallied the next few days. Lots of price targets still coming out higher for google and Microsoft. BA had a bad miss but had news today that Alaska airlines will buy 52 jets and stock doing ok. I think if you still want to play puts is to wait for a push up and rejection. V looks strong maybe a 196 or 194 bounce for calls

[PaperhandsJB]

Main watches and lets see housing sales at 10am today as that will move the market a bit too.
V calls on bounce at 196/194
WING calls on bounce at 145/140, maybe 148 for riskier.
Puts on WHR as price target came out today for 119. 138 entry yesterday was safest but who knew so I will wait for it to push up to 135 if it does for a put entry depending on market. Any others out there?

[TheMadBeaker]

After hours earnings:

[jjcox82]

CAT was a big time beat.

EPS- highest all year
Revenue- up

Profit is up sales are up 21 percent almost every single metric was growth. And the sales number was huge.

Also announced they expect a strong coming Quarter as well. This could be a multi day runner.

Also watching BUD and CMCSA