Earnings Reports

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Permian operator Parsley Energy $PE reported worse than expected third quarter earnings Tuesday after the close but beat on rvenue. $PE raised its oil production guidance.

Shale play Devon Energy reported better than expected third quarter earnings after the market with Oil production rising by 19% to 148,000 barrels per day. $DVN stock rallied 4% in after hours on the news.

Independant energy group Laredo Petroleum reported mixed third quarter earnings after the close Tuesday. $LPI revenue is derived from oil and natural gas production in the Permian Basin of West Texas.

Texas independent oil and natural gas company Diamondback Energy reported worse than expected third second quarter earnings after the market close Tuesday. $FANG said oil production declined in the quarter due to asset sales earlier in the year.

Burger restaurant chain Shake Shack reported better than expected third quarter earnings after the close Monday. However $SHAK shares sold off over 16% on lower then expected same store sales, similar to McDonalds $MCD and Wendy's $WEN

Chevron reported mixed second quarter results Friday along with fellow oil major ExxonMobil.. $CVX net oil-equivalent production rose 9% to 3.08 million bpd as unconventional production in the Permian Basin rose more than 50% to 421,000 ppd.

Oil giant ExxonMobil reported better than expected third quarter earnings Friday before the market as Production in Permian soared 70% but revenue missed upstream and downstream on lower margins. 

Etsy reported third-quarter earnings after the market Wednesday that beat on revenue and matched estimates on earnings. However $ETSY lowered guidance and margins leading to analysts downgrading price targets sending the stock down over 15%.

The World Wrestling Entertainment shares have crashed 0ver 20% after third quarter earnings showed lower revenue and concerns over $WWE Mid East and India networks. United Kingdom BT Sport & Fox Sports in Latin America guidance is awaited also. WWE shares fell 5% immediately following the announcement.

Consumer electronics giant Apple reported better than expected fiscal fourth quarter earnings Wednesday. Revenue from iPhones fell to $33.4 billion from $37.2 billion but above expected $32.8 billion. Services grew 13% growth to $12.5 billion, above consensus $12.2 billion.

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