Why Apple is up 4% After Earnings Miss + Unfavorable Outlook, & What You Should Do Next
One of the tech companies everyone was anxiously awaiting a 4th quarter earnings report from is Apple - and it came late Thursday. The company came up short of analyst estimates on multiple figures, and yet, the stock is up 4% in Friday morning trading. Apple’s revenue took a hit in the final quarter of the year with just [...]
Is it Time to Buy META as Shares Jump 25% From Earnings? Don’t Miss This Recommendation!
Meta - the Facebook & Instagram parent company - waited until after trading hours yesterday to release their earnings report for Q4 of 2022. And it caused a frenzy in this morning’s trading session as the stock soared nearly 25% by 11:30 AM EST. What caused the hype, though? The company beat expectations on Q4 revenue, coming in [...]
Snapchat Drops 14% After 3rd Disappointing Earnings Report in a Row: Time to Cut Losses?
Snapchat (SNAP) reported their 4th quarter earnings for 2022 yesterday, and once again came in under expectations. It appears the rumors of growing headwinds we discussed back in December of last year are proving to be true. SNAP reported an EPS of 14 cents which outperformed the expectation of 11 cents - but the company fell short in virtually [...]
GM Reports Record Revenue & Invests in Lithium Production, But is the Stock Even Worth Buying?
Last year GM reported record-breaking full-year revenues of $10.4 billion. This year, the company did it again - outshining last year’s performance with a full-year adjusted income of $11 billion. The company also reported profits in excess of what analysts were expecting for the fourth quarter. Moreover, earnings per share were up to $2.12 from $1.35 in the same [...]
LSI Industries Jumps 11% After Latest Earnings Release – Time to Buy or Take Profits?
LSI Industries Inc. (LYTS), founded in 1976 Cincinnati, Ohio, experienced a big price run-up on January 26, the day of their latest earnings call. The stock opened at $13.15 while closing at $14.98 the high for the day, an 11% sprint higher from the prior day’s close. This was the highest price compared to its all-time high of $23.05 [...]
SoFi Outperforms in 4th Quarter & Expects a Profitable 2023 – Should You Invest Now Before That Happens?
When we last wrote about SoFi, the stock was rated a sell with poor safety and timing. Insiders at the company were purchasing up shares despite what looked to be a tumultuous time at the company. But since then, SoFi has gained over 53% - and looks to have a solid trend with momentum behind it. How did we [...]
