Impressive Earnings & Positive Outlook Sends Trade Desk Shares 35% Higher: Is it Time to Buy, Though?
It was an exciting Wednesday trading session for Trade Desk (TTD) investors. The advertising technology company reported earnings for the 4th quarter of 2022 and provided an outlook for the year ahead which sent shares into a frenzy. The company grew 24% in the 4th quarter despite most of its competitors taking a step backward. Revenue beat analyst estimates [...]
Airbnb Stock Soars After Bullish Q4 Outlook—But Can It Keep Going?
After several years of dealing with the economic fallout of the pandemic, it looks like some tech stocks may be turning a corner. Airbnb stock skyrocketed 12% Wednesday after exceeding investor expectations during its fourth-quarter report. The company reported higher-than-expected revenue projections and implemented tight cost controls in Q4, leading many analysts to believe that there could be more [...]
The Solar Industry is Booming, But SolarEdge Stock is Falling—How Should Investors React?
Although SolarEdge's stock (SEDG) is up nearly 10% in 2023, it took a hit following the release of its fourth-quarter results. Analysts expected fourth-quarter earnings of $1.54 a share on revenue of $880 million, but SEDG outperformed, reporting adjusted earnings of $2.86 a share on $890 million in revenue. This marked a 58% increase year-over-year in terms of revenue, [...]
Why Did Coca-Cola Stock Fall After Topping Revenue & Optimistic Outlook?
Coca-Cola (KO) reported solid 4th quarter earnings yesterday along with an updated 2023 outlook that should have investors (or potential investors) excited. The company saw a 7% increase in revenue during the 4th quarter - up to $10.13 billion. This beat analyst estimates of $10 billion. This was largely driven by an increase in organic revenue performance - with [...]
Price Increases Bolster PepsiCo’s Earnings—But What Does This Mean for Investors?
PepsiCo, Inc. reported its fourth quarter and full-year earnings on Thursday, causing shares to increase over 1% to $176.20 a share because of stronger-than-expected performance. Although investors seem pleased with the higher prices of PepsiCo's snacks and beverages, this might not be a sign of good times to come. Despite the impressive top-line results, Pepsi has seen its sales [...]
ArcBest Exceeded $5 billion Annual Revenue and Highest EPS Ever
In its February 3 earnings release, ArcBest announced its full-year 2022 revenue totaled a record $5.3 billion compared to $4.0 billion in 2021. That caused the stock to have a wild ride where it traded between an intra-day low of $78.37 to a high of $89.69, before closing that day at $86.70. Over the next few days, it hit [...]
