Thursday, February 1, 2024

Earnings After The Close -- AAPL, AMZN, And META -- Last Calendar Quuarter 2023

Locator: 46705INV.

USUAL DISCLAIMERS APPLY. THIS WAS DONE QUICKLY, ON THE FLY. THERE WILL BY CONTENT AND TYPOGRAPHICAL ERRORS. DATA DYNAMIC. 

Earnings:

Apple, beat on top and bottom; finally, revenue growth after four quarters of consecutive declines; a mixed picture;

  • ticker
    • before the close, up $2.46; trading at $186.86;
    • immediately after earnings release: down about $2.00 / share; barely holds above $180;
    • typical of every earnings call;
  • earnings
    • whispers: $2.14;
    • consensus: $2.09; revenue, $118.00 billion
    • actual: $2.18; $119.58.
  • comment
    • meh
    • cash horde increases, of course; continues buybacks.

Amazon, in-line or better in every category; huge success; recession? What recession?

  • ticker
    • before the close, up $4.08; trading at $159.28
    • immediately after earnings release: surges $5.88; trading at $165.16; shares up about 4%;
  • earnings
    • whispers: $0.88;
    • consensus: $0.81; revenue, $166.04 billion
    • actual: $01.00; revenue, $170.0 billion
  • comments 
    • AWS: sales up 13%; right in line

META, incredible results; huge; recession? What recession? META wouldn’t be initiating a dividend if they anticipated a recession.

  • ticker
    • at the close, up $4.64; trading at $394.78
    • immediately after earnings release: surges $27; trading at $422.06; shares up nearly 8%; later, shares up almost 12%;
  • earnings
    • whispers: $5.00;
    • consensus: $4.82; revenue, $38.82 billion
    • actual: $5.33; revenue, $40.1 billion
  • comments
    • first dividend ever, 50 cents; 
    • margins: 41% vs 39%;

From Forbes, regarding META. Either I'm misreading this or it has to be corrected or somehow sorted out:

 This is absolutely astounding:

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