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Meta Platforms Q1 Earnings Preview: Job Cuts, AI Shift, Metaverse And More
Wednesday, April 26, 2023 - 1:38pm | 1010Technology and social media giant Meta Platforms (NASDAQ: META) is set to report first-quarter financial results after market close Wednesday. Here are the key earnings expectations from analysts and what the big items are to watch. Analyst Estimates: For the first quarter, analysts are expecting...
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5 Analyst Takeaways As Zillow Group's Stock Remains Volatile After Q4 Print
Thursday, February 16, 2023 - 11:58am | 563Shares of Zillow Group Inc (NASDAQ: ZG) remained highly volatile after the company announced a revenue beat but disappointing guidance. KeyBanc Capital Markets Analyst Justin Patterson said in a note that Zillow's fourth-quarter results were “largely consistent with our expectations and...
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Hey, Lyft, Uber Has You Beat: 4 Analysts Discuss Weak Guidance, Q4 Earnings Miss
Friday, February 10, 2023 - 12:30pm | 542LYFT Inc (NASDAQ: LYFT) shares tumbled Friday morning after the company disappointed Wall Street with its weak guidance. On Thursday, Lyft reported a fourth-quarter adjusted EPS loss of 74 cents, missing consensus analyst estimates of a 13-cent profit. The San Francisco-based company reported $1.18...
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Why Lyft's Quarter-To-Quarter 'Bumpiness' Could Hurt Stock: 7 Analysts Break Down Q3 Earnings
Tuesday, November 8, 2022 - 12:09pm | 740Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday. Here is a look at where analysts stand after the earnings report. The Lyft Analysts: Morgan Stanley analyst Brian Nowak has an Equal Weight rating on Lyft and lowered the price target from $...
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4 DoorDash Analysts Break Down A Blockbuster Quarter: Still Bullish, But There's A Few Issues
Friday, November 4, 2022 - 1:48pm | 666After posting better-than-expected third-quarter results, DoorDash Inc (NYSE: DASH) received four price target changes from analysts. Although still bullish, price targets were lowered to reflect a more conservative estimate based on the stock trading at 30x 2023 adjusted EBITDA, which may keep...
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Uber Not Seeing Consumer Slowdown, Analyst More Convinced Of Profitability Target After Q3 Earnings
Wednesday, November 2, 2022 - 12:44pm | 589Rideshare and mobility company Uber Technologies Inc (NYSE: UBER) reported revenue growth of 72% in the third quarter. Here’s what analysts said after earnings. The Uber Analysts: RBC Capital analyst Brad Erickson had an Outperform rating and a price target of $46. JMP Securities analyst...
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Airbnb Is 'Solid': 7 Analysts Offer Takeaways On Q3 Print
Wednesday, November 2, 2022 - 12:29pm | 641Although Airbnb Inc (NASDAQ: ABNB) reported upbeat third-quarter results, with revenue of $2.88 billion and earnings of $1.79 per share, analysts slashed price targets. RBC Capital Markets Analyst Brad Erickson maintained a Sector Perform rating, with a price target of $110. “ABNB beat Q3 but...
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10 Amazon Analysts Lower Price Targets: How The Street Is Reacting To Disappointing Q3 Earnings, AWS 'Surprise'
Friday, October 28, 2022 - 12:13pm | 1174Here’s what analysts are saying about Amazon.com Inc's (NASDAQ: AMZN) third quarter financial results, fourth-quarter guidance and why they’re lowering price targets. The Amazon Analysts Telsey analyst Joseph Feldman has an Outperform; lowers the price target from $150 to $140....
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4 Pinterest Analysts On Q3 Earnings: Why One Says Results Are 'Stronger Than Expected'
Friday, October 28, 2022 - 11:11am | 472Pinterest Inc (NYSE: PINS) reported on Thursday its third-quarter results, with almost flat monthly active users (MAUs) of 445 million. The company’s revenue grew 8% year-over-year to $685 million. Rosenblatt Securities On Pinterest Analyst Barton Crockett maintained a Neutral rating on...
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11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline
Wednesday, October 26, 2022 - 12:05pm | 1093Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings. On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst...
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7 Snap Analysts On Q3 Sales Miss: 'Meaningful Competition From TikTok'
Friday, October 21, 2022 - 4:19pm | 752Snap Inc (NYSE: SNAP) shares traded lower by 30% on Friday after the company disappointed Wall Street with its third-quarter numbers. On Thursday, Snap reported third-quarter adjusted EPS of 8 cents, beating analyst estimates of a break-even quarter. Snap's $1.13 billion in revenue for the...
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Why This Lyft Analyst Is Dropping Bullish Stance, Sees Serious Threat From Uber
Friday, October 7, 2022 - 2:41pm | 283The latest proprietary driver supply analysis indicates the competitive challenges being faced by Lyft Inc (NASDAQ: LYFT) are possibly “more structural than originally thought,” according to RBC Capital Markets. The Lyft Analyst: Brad Erickson downgraded Lyft from Outperform to...
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What 2 Bumble Analysts Are Saying After Q2 Earnings Report
Thursday, August 11, 2022 - 6:39pm | 554Following Bumble Inc.’s (NASDAQ: BMBL) second-quarter earnings report on Wednesday, analysts released new notes for the online dating platform. The RBC Capital Markets Analyst: Brad Erickson maintained the firm's rating of Outperform while raising the bank’s price...
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2 Match Group Analysts On Q2 Earnings Miss: 'Product Execution Issues At Tinder'
Wednesday, August 3, 2022 - 2:26pm | 425Match Group Inc (NASDAQ: MTCH) shares dropped 17% on Wednesday after the online dating company reported disappointing second-quarter revenue and issued lackluster guidance. On Tuesday, Match reported a second-quarter EPS loss of 11 cents, well short of the 53-cent profit analysts had expected....
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Why Pinterest Analysts Are Buying The Story: 'Better-Than-Feared' Q2, New CEO And More
Tuesday, August 2, 2022 - 3:53pm | 723Pinterest reported second-quarter financial results after the close Monday and saw shares jump on the report and guidance that calls for mid-single digit year-over-year growth for the third quarter. Here’s what analysts had to say about earnings and new CEO Bill Ready. The Pinterest Analysts...