Reply To: Traders Market Weekly: Consumers Along for The Ride

#74261
Truman
Participant

Tyson Foods plucked after earnings:
$TYSN $57.67 -4.35 (-7.01%)
Beat earnings estimates but sales fell short.
Adj EPS 62c beat 39c exp
Sales $13.07b below $13.16b exp.
For fiscal 2024 expects sales to be relatively flat compared with last year.

BioNTech $BNTX 92.39 ▼ -0.33 (-0.35%) today after EPS misses by €0.07, misses on revs;
Reaffirms FY24 revs guidance
Pandemic winners and losers:
“Lower commercial revenues” from the sales of its #COVID19 vaccine worldwide down “endemic-level demand” for the shot

Spirit Airlines nose dive..
$SAVE 3.38 ▼ -0.33 (-8.76%) today after reported a larger loss
adj loss $1.46/share v $1.45 forecast
Revenue fell 6.2% to $1.27 billion in-line
– competitive environment “remains challenging”
– expects to improve cash