Reply To: Traders Market Weekly: Bull or Bear Trap Ahead of the Fed?

#46534
Truman
Participant

Meta Platforms (META 100.94, -28.88, -22.3%): misses by $0.21, beats on revs; guides Q4 revs in-line; lowers high end of FY22 expense guidance range, guides for FY23 expenses of $96-$101 bln; with over 140 bln Reels plays daily, company believes it is gaining time spend share from TikTok; ad revs from large advertisers remains challenged
Ford Motor (F 12.57, -0.25, -1.95%): reports EPS in-line, revs in-line; guides to low end FY22 adjusted EBIT prior guidance; increases FY22 adjusted FCF guidance; resumes modest share repurchase program; to wind down its Argo AI joint venture
Caterpillar (CAT 206.61, +9.65, +4.90%): beats by $0.79, beats on revs
Merck (MRK 100.38, +1.97, +2.00%): beats by $0.14, beats on revs; guides FY22 EPS in-line, revs above consensus
McDonald’s (MCD 263.60, +6.99, +2.72%): beats by $0.10, beats on revs, global comps +9.5%, US comps +6.1%
Honeywell (HON 199.00, +8.73, +4.59%): beats by $0.10, reports revs in-line; guides FY22 EPS in-line, revs in-line
Southwest Air (LUV 36.00, +1.63, +4.74%): beats by $0.08, reports revs in-line; guides Q4 revs above consensus
Align Tech (ALGN 176.20, -45.44, -20.50%): misses by $0.81, misses on revs
Sleep Number (SNBR 26.14, -10.48, -28.62%): beats by $0.16, beats on revs; guides FY22 EPS below consensus
ServiceNow (NOW 417.49, +51.08, +13.94%): beats by $0.11, reports revs in-line
Credit Suisse (CS 4.2400, -0.55, -11.48%): reports Q3 results; beats on revs; provides outlook; unveils new strategy; it is nearing sale of its securitized-products group to Apollo Global Management (APO) and PIMCO, according to WSJ
Wolfspeed (WOLF 79.15, -27.29, -25.64%): beats by $0.01, reports revs in-line; guides Q2 EPS below consensus, revs below consensus