Reply To: Traders Market Weekly: Rates, Debt and the Fed

#53544
Truman
Participant

Earnings

Applied Materials (AMAT 117.07, +1.68, +1.5%): beats by $0.11, beats on revs; guides AprQ EPS in-line, revs in-line; says a major supplier encountered a disruption that will impact Q2 shipments

Deere (DE 411.75, +8.80, +2.2%): beats by $1.08, beats on revs; raises FY23 net income guidance

Dropbox (DBX 24.47, +0.51, +2.1%): beats by $0.01, reports revs in-line; guides on call; forecasts Q1 and FY23 revs ahead of consensus

DoorDash (DASH 70.69, +3.80, +5.7%): reports adjusted EBITDA at high end of prior guidance; beats on revs, Marketplace GOV increased 29%, beating prior guidance; Guides for FY23 adj. EBITDA of $500-$800 mln; authorized share repurchase program of up to $750 mln of common stock; 2023 investments going towards building out categories beyond restaurants in the U.S. and globally

Texas Roadhouse (TXRH 99.70, -5.45, -5.2%): misses by $0.14, misses on revs

Cognex (CGNX 50.91, -4.40, -8.0%): beats by $0.01, misses on revs; guides Q1 revs below consensus; few large customers paused investments, noticed slower trends carry into 2023

DraftKings (DKNG19.44, +1.63, +9.2% ): beats by $0.05, beats on revs; raises FY23 guidance; upgraded to Buy from Neutral at BTIG Research

AutoNation (AN 147.81, +6.55, +4.6%): beats by $0.53, beats on revs

HubSpot (HUBS 404.09, +42.126, +11.7%): beats by $0.29, beats on revs; guides Q1 EPS above consensus, revs above consensus; guides FY23 EPS above consensus, revs in-line