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

#74317
TradersCom
Keymaster

Earnings

Akamai Tech (AKAM 92.25, -10.21, -10.0%): beats by $0.03, reports revs in-line; guides Q2 EPS below consensus, revs below consensus; guides FY24 EPS below consensus, revs below consensus; authorizes $2.0 bln repurchase program; Large social media customer is optimizing their business, negatively impacting FY24 Delivery revenue by estimated $40-$60 mln
Natera (NTRA 114.84, +19.29, +20.2%): beats by $0.15, beats on revs; guides FY24 revs above consensus
Unity Software (U 23.60, -0.56, -2.6%): reports Q1 (Mar) results, beats on revs
Victoria’s Secret (VSCO 20.70, +2.10, +11.3%): sees Q2 EPS and revs above consensus