End-Of-Day Earnings: AAPL, AMZN, GOOG, And More -- February 2, 2023

 

MacRumors: AAPL earnings.

AAPL: link here.

AAPL: closed at $150.82 - earnings after hours: a miss on top and bottom lines. Press release.

• EPS: $1.88 vs $1.94
• revenue: $117.1 billion vs $121.1 billion
• first miss since 2016
  
• gross margin: 42.96% vs 42.95%
  
• a miss in all categories except iPads and services
• iPad -- wow
  
• $9.4 billion vs $7.76 billion
  
• new all-time services record
• huge relief: I expected a bloodbath
• considering all that went on in China this past month, a huge relief
  
• ticker -- AAPL
• AAPL up 3.7% today; 
• 3:27 p.m. CT, three minutes before release: up 0.12%;
• 3:29 p.m. CT, one minute before release, down 0.15%
  
• 3:31 p.m. CT, one minute after release: down 3.82%
  
• 3:40 p.m. CT, ten minutes after release: down 3.93%
  

F: huge miss.

• compare F to GM (which reported earlier)
  
• F off almost 7%

Starbucks:

• off almost 4%

AMZN: beat.

• EPS: $1.39.
• $149 billion vs $145 billion
  
• subscription services
  
• $9.2 billion vs $8.8 billion
  
• huge 3rd party revenue
• $36 billion vs $32 billion forecast
  

Qualcom:

• up over 2%

GOOG: misses on top and bottom line

• EPS: 105 vs 1.18 
• shares off 4.3% after hours
  

YouTube: misses; owned by Alphabet.

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Today

Selected companies:

• Eli Lilly (LLY): before market open; $1.78; $1.94 vs $1.83; huge beat on EPS; $2.00, but misses on top line (sort of); great guidance; type II diabetes drug “through the roof”; obesity drug also unprecedented results; easy to find volunteers for more studies required by FDA.
  
• COP: before market open; $2.18; $2.86 vs $2.72; misses by 19 cents; declares regular dividend of 51 cents; variable, 60 cents.
  
• CAH: before market open; $1.14; $1.21 vs $1.13; actual, $1.32: revenue also beat (Zacks); 
  
• GOOGL: after market close; $1.18; $1.14 vs $1.14;
  
• AMZN: after market close: 17 cents; 19 cents vs 15 cents;
  
• AAPL: after market close: $1.94; $1.96 vs $1.93;
  
• SBUX: after market close, 77 cents; 81 cents vs 77 cents;
  
• QCOM: after market close, $2.35; $2.42 vs $2.35.
  
• HSY: $1.77; time not supplied; $1.82 vs $1.78;
  
• F: 62 cents; time not supplied; 57 cents vs 60 cents;