Wednesday, October 13, 2021

3Q21 Earnings

Note: this is, hands down, one of the most boring things I to do each quarter. I doubt anyone really looks at it but the day I quit doing this will be the day I miss posting something important. The word "important" is used loosely. Very loosely.

This is so boring that I actually didn't record a thing for 1Q20, but that over a year ago. Maybe things have changed. LOL.

This is linked at the top of the sidebar at the right during earnings season. After earnings -- pretty much after PXD and Apple posts their earnings -- this post will move back into obscurity.

Disclaimer: this is not an investment site.

Earnings -- 3Q21
July - August, 2021

This is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on what you read here or what you think you may have read here. If this is important to you, go to the source. There will be content and typographical errors on this page. If something looks wrong, it probably is.

A lot of anticipation and excitement over this quarter's earnings reports. We're continuing to come out of the global pandemic; the lockdowns began in March, 2020, about a year ago. The stock market has had an incredible run since the presidential election about nine months ago. 

The big problems now:

  • supply chain disruption;
  • record lack of workers;
  • energy crisis in Europe, UK 

Week of October 18 - 22, 2021:

  • Thursday: UNP
    • UNP, 3Q21 earnings:

      • profit topped analysts' expectations
      • cost cuts and price increases bolstered the bottom line even as cargo growth lagged
      • UNP cut its 2021 volume target
      • volume growth, 5%, down from a target of 7%;
      • EPS: $2.57 vs $2.51, and higher than than the $2.01 a year earlier;
      • revenue rose 13% to $5.6 billion vs $5.4 billion forecast
  • Wednesday: BKR, TSLA, 
    • TSLA: huge quarter; beat across the board; making money even without credits;
    • BKR: misses on profit; 16 cents vs forecast of 21 cents; 
  • Tuesday: HAL, JNJ, KSU, BK,
    • JNJ: huge beat; 
    • HAL: mixed. Matched forecasts with quarterly profit of 28 cents per share. Revenue fell short. Upbeat for the rest of the year and going into next year.
  • NFLX, BKR, CSX, LUV, TSCO, UNP, INTC, SLB to name a few.

October 15, 2021:

Alcoa: set another record for quarterly net income and EPS

  • Adjusted EPS: $2.05 vs $1.94 whisper, higher than posted expectations
  • EPS: $1.76
  • Revenue: $3.1 billion vs $2.91 billion

Goldman Sachs: crushes expectations

  • EPS: $14.93 vs $10.18
  • revenue: $13.61 billion vs $11.68 billion
  • profit: surged 63% to $5.28 billion
  • revenue: climbed 26% to $13.61 billion

October 13, 2021:
Blow-out earnings: JP Morgan, Blackrock,

No comments:

Post a Comment