- Earnings-per-share beat. Revenues short of expectations
Meta is out with the earnings and EPS beat expectations but revenues miss:
- earnings-per-share come in at $2.72 versus $2.56 estimate
- revenues at 27.91 billion versus 28.20 billion estimate
- Daily active users 1.96 billion versus 1.95 billion estimate
- Monthly users 2.94 billion versus 2.97 billion estimate
- sees a second quarter revenue guidance of $28 billion to $30 billion versus 30.63 billion estimate
Shares nevertheless are up 7.28% initially.
Qualcomm beat on the bottom and top line
- earnings-per-share $3.21 versus $2.91 estimate
- revenues came in at 11.16 billion versus 10.60 billion estimate
- It’s stock is trading up 4.37% in after-hours trading
Pinterest revenues beat expectations. The stock is trading up 12.5%
- earnings-per-share come in at $0.10 versus four cents estimate
- revenues 575 million versus 573 million estimate
- Pinterest shares are up $1.98 or 10.61% at $20.65
PayPal numbers show:
- earnings-per-share $0.88 versus $0.88 expected
- revenues $6.5 billion versus $6.4 billion estimate
- PayPal shares are up 2.27% in after-hours trading
ServiceNow numbers show:
- earnings-per-share $1.73 versus $1.70 estimate
- estimate revenues $1.72 billion versus $1.70 billion estimate
- ServiceNow shares are up 5% in after-hours trading
Ford Motor Company number show:
- earnings-per-share of $0.38 versus $0.37 expected
- revenues $32.1 billion versus $31.13 billion expected
- shares are up $0.24 or 1.62% at $15.11
Most of the big earnings companies are showing higher prices after the close. Meta-shares are currently up $23 or 13.18% there are leading the way.