Tuesday, July 27, 2021

Big Earnings Announcements After Hours -- Tuesday, July 27, 2021

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here

Earnings:

  • AAPL: huge beat:
    • at the close: $146.77; down $2.22; down 1.49%
    • eps: $1.30 vs $1.01
    • rev: $81 billion  estimates: $73 billion
    • comments:
      • beat on top line, bottom line, and every line in between (each product line)
      • iPhones $39.57 billion vs $34 Billion
      • after announcement; stock hardly moves; can you imagine how far this stock would have fallen had this earnings report missed expectations? wow?
      • wow; super-cycle playing out even stronger than expected; in six to nine months, a $3 trillion company
      • one analyst: share price up another 15% before the end of the year; $150 x 1.15 = $175
      • on-going chip shortage; affected Mac ad iPad
      • iPad beat estimatges but not by much;
      • gross margins; 43.3% vs 41.9% 
      • cash on hand: $190.64
      • $2.449 trillion / $146 = 16.78 billion outstanding shares 
      • official: 16.69 billion shares
      • $3 trillion / 16.69 billion = $180/share
  • MSFT: beats
    • at the close: $286.54; down $2.51; down 0.987%
    • eps: $2.17 vs $1.92
    • rev:
    • comments: MSFT drops on earnings;
    • after announcement: down 3%; down $8.60;
  • VISA: huge beat:
    • at the close: $250.19; down 6 cents; down 0.02%
    • eps: $1.49 vs $1.35
    • rev: $6.13 billion vs $5.88 billion
    • comments:
    • after announcement:
  • GOOG: huge beat: actually, quite incredible;
    • at the close: $2,735.93, down $56.96; down 2.04%
    • eps: $27.26 vs $19.34
    • rev: $61.88 billion vs $56.16 billion
    • comments: well above estimates: the revenue number well above what analysts expected; analysts stunned; stock will jump tomorrow;
    • after announcement: up $69; up 2.4%; trading at $2,796
  • SBUX: beats across the board; strong report 
    • at the close: $126.03; down 3 cents; down 0.02%
    • eps: $1.01 vs 78 cents;
    • rev: $7.50 billion vs $7.29 billion
    • comments:
    • after announcement: down 2%; down $2.53;
  • Mattel: beat

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here

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