- Major releases after the close
AirBNB beat on the top and bottom when:
- EPS $1.79 vs. $1.47 estimate
- revenues $2.88 billion vs. $2.84 billion estimate
- revenue guidance $1.8 billion to $1.88 billion vs. $1.85 billion estimate
- Q3 average daily rate $156 vs. $153.50 estimate
- 19 experiences booked 99.7 million vs. 99.9 million
- the stock is trading down $8.27 or -7.58%
McKesson:
- EPS $6.06 vs. expected $6.07
- revenues $70.2 billion vs. $70.2 billion expected
Electronic Arts
- adjusted earnings
Earnings
A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation’s operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share prices, while unexpectedly bad earnings can risk declines in share prices. Using Earnings to Better Inform Investment DecisionsMany analysts also use other measures such as earnings per share (EPS) as a way to compare the earnings of multiple companies.EPS is calculated by the remaining earnings leftover for shareholders, divided by the number of shares outstanding. This is a more fine-tuned measure for investors and analysts given each company has a different number of shares owned by the public.Only comparing companies’ existing earnings does not accurately indicate how much money each company has for each of its shares over a specific period.As a result, EPS is routinely used to make better-informed comparisons and forecasts.In the US, all companies are obligated to report quarterly earnings to the public, which informs on the state of any publicly traded company. These events are very monitored and important, especially for large corporations.In addition, several companies are used as barometers for the state of the overall market or US economy, lending further weight to these metrics.Ultimately, earnings are an integral element of the US stock market and ensure companies disclose their financials in ways that do not leave investors or the public in the dark.
A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation’s operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share prices, while unexpectedly bad earnings can risk declines in share prices. Using Earnings to Better Inform Investment DecisionsMany analysts also use other measures such as earnings per share (EPS) as a way to compare the earnings of multiple companies.EPS is calculated by the remaining earnings leftover for shareholders, divided by the number of shares outstanding. This is a more fine-tuned measure for investors and analysts given each company has a different number of shares owned by the public.Only comparing companies’ existing earnings does not accurately indicate how much money each company has for each of its shares over a specific period.As a result, EPS is routinely used to make better-informed comparisons and forecasts.In the US, all companies are obligated to report quarterly earnings to the public, which informs on the state of any publicly traded company. These events are very monitored and important, especially for large corporations.In addition, several companies are used as barometers for the state of the overall market or US economy, lending further weight to these metrics.Ultimately, earnings are an integral element of the US stock market and ensure companies disclose their financials in ways that do not leave investors or the public in the dark.
-per-share $1.45 vs. $1.37 expected - revenues $190 billion vs. expected $181 billion
- the stock is trading near unchanged
AMD
- earnings-per-share $0.67 vs. $0.68 estimate
- Revenues $5.57 billion vs. $5.62 billion expected
- adjusted operating margin 23% vs. 23.3%
- sees Q4 adjusted gross margin of 51% vs. 52.4% expected
- fiscal year earnings-per-share expected $3.60
- CEO says softening PC demand weighed on Q3 results. Issues weak Q4 revenue outlook
- The price is up despite the miss and lower guidance. The current price is trading up $1.50 or 2.5%