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Sprint Earnings 'Better Than Feared,' But T-Mobile Merger Limbo Still A Problem
Wednesday, May 8, 2019 - 3:04pm | 622Sprint Corp (NYSE: S) reported mixed fourth-quarter results, with what one analyst called “better than feared” earnings, but the company continued to reinforce the Street’s impression that it’s just hanging on until it can complete its pending $26-billion merger with T-...
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Guggenheim, KeyBanc Remain Akamai Bulls After Q1 Beat
Wednesday, May 1, 2019 - 2:31pm | 517Akamai Technologies, Inc. (NASDAQ: AKAM) reported first-quarter results Tuesday that came in better than expected and prompted two Street analysts to reaffirm their bullish stances. The Analysts Guggenheim's Robert Gutman maintains a Buy rating on Akamai Technologies with an unchanged $85...
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Priced In? Analysts Weigh In On Twilio's Earnings, Sell-Off
Wednesday, May 1, 2019 - 12:33pm | 489Twilio Inc (NASDAQ: TWLO) stock dropped 4 percent Wednesday after the company reported first-quarter earnings and revenue beats. Twilio reported a first-quarter net loss of $36.5 million, a 54 percent wider loss than the same quarter a year ago. Adjusted EPS was 5 cents, slightly above consensus...
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Mastercard Analysts Lift Expectations After Q1 Beat
Wednesday, May 1, 2019 - 11:19am | 443Mastercard Inc (NYSE: MA)’s strong first-quarter print is charging up the sell-side, with several analysts raising price expectations for the credit card network. Mastercard reported adjusted earnings of $1.78 per share Tuesday that topped estimates by more than a dime and were up...
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Bruised And Battered, But Not Broken: Wall Street Reacts To WWE's Earnings Miss
Friday, April 26, 2019 - 1:33pm | 592World Wrestling Entertainment, Inc (NYSE: WWE) stock traded lower by another 3.8 percent on Friday after the company reported a first-quarter earnings and revenue miss. The stock is now down 16.2 percent overall since Thursday's print. WWE reported a first-quarter EPS loss of 11 cents on...
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Troubling User Growth, Rising Costs: Analysts Dissect Snap's Mixed Q1 Earnings
Wednesday, April 24, 2019 - 3:05pm | 766Snap Inc (NYSE: SNAP) traded lower Wednesday after the company reported a first-quarter earnings beat Tuesday afternoon. After shares initially surged as much as 11 percent, reality began to sink in that it may take longer than expected for the social media giant to turn a profit. Snap reported a 1...
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Lyft Analysts Largely Bullish As Quiet Period Ends
Wednesday, April 24, 2019 - 10:52am | 519Multiple sell-side analysts issued buy recommendations on LYFT Inc (NASDAQ: LYFT) Tuesday with the expiration of a waiting period for banks that worked on Lyft's IPO to offer advice on the stock. Lyft is down nearly 20 percent from its opening price of $72 in late March, so buy...
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Facebook Q1 Earnings Preview: What The Street Expects
Tuesday, April 23, 2019 - 5:29pm | 506Facebook, Inc. (NASDAQ: FB) is looking to keep its 2019 momentum going when the social media giant reports first-quarter earnings on Wednesday afternoon. Here’s a look at what Wall Street is expecting from Facebook. The Numbers Analysts are expecting Facebook to report first-quarter EPS of $1...
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Snap Q1 Earnings Preview: What To Expect
Tuesday, April 23, 2019 - 9:10am | 598Snap, Inc. (NYSE: SNAP) is looking to continue its red-hot 2019 when the company reports first-quarter earnings. Here’s a look at what Wall Street is expecting from Snap after Tuesday's closing bell. The Numbers Analysts are expecting Snap to report a first-quarter EPS loss of 12 cents....
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Netflix Analysts Have Wide-Ranging Reactions To Q1 Report
Wednesday, April 17, 2019 - 1:30pm | 691The analysts covering Netflix Inc. (NASDAQ; NFLX) stock this week are much like a big family trying to figure out what to watch on the streaming service. Some are leaning strongly Bull (Durham) and a few are vociferously arguing for (Paddington) Bear. In between, there's some romance...
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Guggenheim: Uber's Pre-IPO Numbers Give Insight On Lyft's Business
Tuesday, April 16, 2019 - 11:57am | 428What does the ride-hailing landscape look like for newly public Lyft Inc (NASDAQ: LYFT)? Investors have a better idea now that its main competitor Uber is about to IPO, according to Guggenheim. The Analyst Jake Fuller remains Neutral on Lyft. The Thesis Uber filed an S-1...
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Guggenheim Underwhelmed By T-Mobile's New TV Service Plan
Thursday, April 11, 2019 - 3:06pm | 381T-Mobile US Inc (NASDAQ: TMUS) unveiled a part of its new strategy in the cable TV industry Wednesday, with the service scheduled to launch April 14 in eight markets. The latest announcement — which comes in the wake of Viacom (NASDAQ: VIA)'s content agreement — is...
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Intuit's TurboTax Live Could Transform Tax Prep, Says Bullish Guggenheim
Thursday, April 11, 2019 - 11:06am | 367Millions of Americans are putting the finishing touches on their taxes this week. A Guggenheim analyst said Thursday that within the next few years, many of them may be using TurboTax Live, which could dramatically boost shares of Intuit Inc. (NASDAQ: INTU). The Analyst Guggenheim’s Ken...
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Lyft's Ready For Pickup, But Guggenheim Waits For Another Ride
Monday, April 1, 2019 - 9:25am | 421Despite the Street’s pre-IPO excitement, Lyft Inc (NASDAQ: LYFT) closed down 8.3 percent on its first day public. One analyst team shares the market’s hesitation. The Rating Guggenheim analysts Jake Fuller and Ali Faghri initiated coverage with a Neutral rating and no price target...
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Analyst: 'Significant Opportunities' For WWE Beyond TV Deals
Thursday, March 28, 2019 - 10:49am | 480After a huge year in 2018, World Wrestling Entertainment, Inc. (NYSE: WWE) stock is off to another hot start in 2019. One Wall Street analyst said the best may be yet to come. The Analyst Guggenheim analyst Curry Baker reiterated his Buy rating and $105 price target for WWE. The Thesis After...