Intel (INTC 36.67, +2.10, +6.1%): beats by $0.17, beats on revs, gross margin of 39.8% compared to guidance of 37.5%; guides Q3 EPS above consensus, revs in-line; Demand for AI expanding pipeline of business engagements
Ford Motor (F 13.62, -0.11, -0.8%): beats by $0.18, beats on revs; raises FY23 adjusted EBIT and FCF guidance; raises FY23 EBIT guidance for Pro and Blue segments but lowers EBIT guidance for EV segment
Boston Beer Co (SAM 345.01, +31.46, +10.0%): beats by $1.34, beats on revs; reaffirms FY23 EPS guidance
Coursera (COUR 15.55, +2.54, +19.5%): misses by $0.11, beats on revs; guides Q3 revs above consensus; guides FY23 revs above consensus; upgraded to Overweight from Neutral at Cantor Fitzgerald
First Solar (FSLR 221.20, +22.40, +11.3%): beats by $0.59, beats on revs; guides FY23 EPS in-line, revs in-line; upgraded to Buy from Neutral at BofA Securities
Juniper Networks (JPNR 27.71, -1.98, -6.7%): beats by $0.04, beats on revs; guides Q3 EPS below consensus, revs below consensus
KLA Corporation (KLAC 497.50, +15.15, +3.1%): beats by $0.54, beats on revs; guides Q1 EPS above consensus, revs in-line
Mondelez Int’l (MDLZ 74.33, +1.97, +2.7%): beats by $0.07, beats on revs; guides FY23 EPS above consensus
Roku (ROKU 74.47, +6.28, +9.2%): beats by $0.50, beats on revs; guides Q3 revs above consensus
T-Mobile US (TMUS 138.66, -1.22, -0.9%): beats by $0.17, reports revs in-line; raises FY23 guidance
Sleep Number (SNBR 28.80, -9.66, -25.1%): beats by $0.04, misses on revs; guides FY23 EPS in-line; appoints new CFO; expects Q3 EPS slightly below $0.22 (may not compare to $0.65 FactSet consensus); expecting demand to be up mid to high single digits compared to last year with net sales down low to mid-single digits due to the impact of year-over-year backlog changes