Reply To: Traders Market Weekly: The Meaning of Market Volatility (or Lack of) Risk


CDW (CDW) guides Q1 net sales below consensus due to more cautious buying; expects US IT market to decline at a high single-digit rate in 2023… CDW down 9.1%

Fulton Fincl (FULT) misses by $0.09, misses on revs… FULT down 1.7%

Interactive Brokers (IBKR) misses by $0.06, reports revs in-line… IBKR down 3.4%

Intuitive Surgical (ISRG) beats by $0.03, beats on revs; worldwide da Vinci procedures grew by approximately 26%; increases FY23 procedure growth to +18-21% yr/yr from +12-16%… ISRG up 9.0%

Marten Transport (MRTN) beats by $0.01, misses on revs… MRTN down 6.2%

Netflix (NFLX) beats by $0.01, reports revs in-line; guides Q2 EPS below consensus, revs below consensus as co shifts timing for paid sharing broad launch from late Q1 to Q2… NFLX down 0.5%

Omnicom (OMC) beats by $0.16, beats on revs… OMC up 1.4%

Regions Fincl (RF) in annual shareholder meeting slides: liquidity position is stable; Q1 deposit flows largely in-line with expectations for balance normalization; March ending balances approximately flat with levels in early March… RF up 1.4%

United Airlines (UAL) beats by $0.10, reports revs in-line; guides Q2 EPS in-line; reaffirms FY23 EPS target… UAL up 2.1%

United Comm Banks (UCBI) misses by $0.11, misses on revs… UCBI down 5.1%

Western Alliance Bancorp (WAL) beats by $0.27, net interest income increased 35.7% yr/yr… WAL up 16.0%