[MoneyNeverSleeps]

People are looking for love …
Match Group beats by $0.04, beats on revs;
Guides Q3 revs above consensus.
$MTCH up 11.4%

[MoneyNeverSleeps]

Tech gappers after Earnings:

– Cardlytics beats by $0.49, beats on revs; guides Q3 revs in-line.
$CDLX up 29.5%

– Freshworks beats by $0.05, beats on revs; guides Q3 EPS above consensus, revs in-line; guides FY23 EPS above consensus, revs above consensus
$FRSH up 14.1%

– Advanced Micro beats by $0.01, reports revs in-line; guides Q3 revs in-line.
$AMD up 4.0%

– Vimeo beats by $0.13, beats on revs; guides Q3 revs in-line; reiterates FY23 revenue outlook.
$VMEO up 8.8%

[MoneyNeverSleeps]

Camping World misses by $0.05, misses on revs
$CWH down 7.9%

Columbia Sportswear beats by $0.13, beats on revs; Guides Q3 EPS Below consensus, revs in-line; lowers FY23 guidance.
$COLM down 4.3%

Caesars Entertainment Rev $2.9B (+3.6% Y/Y) beat by $30M Q2 EPS $4.26
$CZR down 2.4%

[MoneyNeverSleeps]

Today’s Ripper:

Yellow Corporation $YELL $3.902.14 (+121.59%)
after reports Apollo Global Management was nearing a deal to provide the transport company with a bankruptcy loan.

[MoneyNeverSleeps]

SolarEdge Technologies-12.20% Lower

$SEDG $210.25 -29.22 AH
Q2 net income $119.5M v $138.4M Q4, $15.1M
Rev +5% Q/Q +36% Y/Y to Q record $991.3M
Record #solar segment sales of $947.4M, +4% Q/Q and 38% Y/Y.
Cut Q3 guidance revenues of $880M-$920M compared to $1.05B consensus est

[MoneyNeverSleeps]

Pioneer Natural Resources Q2 23 Earnings:

Adj EPS: $4.49 (est $4.16)
Revenue $4.59B (-33.7% Y/Y) beats by $10M
– Q2 #Oil Production Averaged 369Kbpd of Oil, Sees 2023 Oil Production Of 364 To 374Mbpd
– Free cash flow of $742 million

$PXD $227.50 +2.82 (+1.26%)AH

[MoneyNeverSleeps]

Chesapeake Energy Q2 23 Earnings:

Adj EPS: $0.64 (est $0.44)
– Total net production 3,653 mmcfe per day and adjusted EBITDAX of $524 million
– Increased base dividend 4.5%; quarterly dividend of $0.575

$CHK $84.50 +0.05 (+0.06%)

[MoneyNeverSleeps]

Allstate: Q2 23 Earnings
Adj EPS Loss: $4.42 (Est Loss $4.25)
Revenue: $14.0B (Est $13.16B)
$ALL 111.60 -1.43 (-1.27%) AH

[MoneyNeverSleeps]

Prudential Financial Q2 23 Earnings:

Adj EPS: $2.94 (Est $3.01) – Net Income: $511M
Adj book value per share $97.38 up from $97.29 3/31.
$PRU 95.75 -0.59 (-0.61%) AH

[MoneyNeverSleeps]

Starbucks FQ323 Earnings:

Adj EPS: $1.00 (est $0.95)
Revenue: $9.29B (est $9.29B)
Comparable store sales +10% missed consensus +11.1%.
Average ticket up 4% , transactions up 5%
Has a record 37,222 stores globally.

$SBUX $99.95 -1.31 (-1.29%) AH

[MoneyNeverSleeps]

Devon Energy Q2 23 Earnings:

Adj EPS: $1.18 (est $1.20)
Adj Net Income: $690M
Revenue $3.45B (-38.7% Y/Y) misses by $90M.
Free Cash Flow $690M
Oil production ATH 323,000bpd
Declared fixed-plus-variable dividend $0.49

$DVN 52.50 -1.18 (-2.20%) after hours

[MoneyNeverSleeps]

US Spurns Another Round Of Offers To Replenish SPR

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AMD pops on Earnings

$AMD $122.28 +4.68 (+3.98%) After hours

EPS: $0.58 vs $0.57 est
Rev: $5.36B vs $5.32B est
Data Center $1.3B (down 11%)
Client $998M (down 54%)
Gaming, $1.6B (down 4%);
Embedded $1.5B (up 16%).
Ramp-up in new-gen Epyc and Ryzen7000 processors.

For Q3 AMDs guiding to revenue of $5.4B-$6.0B (vs. consensus for $5.85B) & gross margin of about 51%, five points better than that in Q2.

• This reply was modified 4 months, 1 week ago by MoneyNeverSleeps.

[MoneyNeverSleeps]

API out with a huge Crude oil draw of -15.4 million bbls

Cushing draws again -1.76 million
As does Gasoline -1.68 million
And Distillates -512,000

[MoneyNeverSleeps]

Electronic Arts (EA) beats by $0.48, reports revs in-line; guides Q2 EPS below consensus, revs below consensus; raises FY24 EPS guidance; reaffirms FY24 rev guidance
EA down 3.5%

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