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The Zacks Analyst Blog Highlights: Apple, Alphabet, Amazon, GoPro and Visa
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For Immediate Release
Chicago, IL – Feb 2, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Apple, Inc. (AAPL - Free Report) ), Alphabet Inc. (GOOGL - Free Report) ), Amazon.com (AMZN - Free Report) ), GoPro (GPRO - Free Report) and Visa Inc. (V - Free Report) .
So Many Q4 Earnings, So Little Time: AAPL, GOOGL, AMZN, V & More
Another big avalanche of fresh quarterly statements from some of the biggest names in Tech and elsewhere released after yesterday's closing bell. However, while Q4 earnings season has been mainly robust overall, we see some fairly acute negative surprises from some of the markets' more beloved stocks.
Apple, Inc., of the $861 billion market cap, posted positive results in its headline fiscal Q1 2018 earnings, with $3.89 per share beating the $3.82 expected, up 16% year over year. Revenues in the quarter of $88.3 billion outperformed the Zacks consensus by a cool $2 billion. Both figures are all-time highs.
That said, Apple missed iPhone sales estimates by a wide margin: 77.3 million phones were shipped in the quarter, well below the 79.8 million we had been looking for. Share in the after-market are only trading down 1% following the release. For more on AAPL's earnings, click here.
Alphabet Inc. put up a wildly mixed Q4 report after the closing bell, missing estimates of $10.12 per share to hit $9.70. Yet revenues were well ahead of the Zacks consensus -- $32.3 billion versus $25.65 billion. The search behemoth did take a $9.9 billion charge related to the new tax laws, and paid clicks were up 43% year over year. Shares fought back after an initial late-market sell-off. For more on GOOGL's earnings, click here.
Amazon.com shares, however, are trading up 6% in the late session following an earnings beat -- $2.20 per share versus an estimated $1.85, on revenues of $60.45 billion which outpaced the $59.99 billion estimate and ramped up 38% year over year. True, this is not quite the 5,100% positive earnings surprise from Q3 2017, but big companies like Amazon rarely post such extraordinary figures in back-to-back quarters. For more on AMZN's earnings, click here.
Zacks Rank #4 (Sell)-rated GoPro sorely missed estimates, posting a loss of 30 cents per share, which was expected to have been a loss of -$0.10. Revenues did not fare better -- $334.8 million missed the $340.31 million we were anticipating, down 38% year over year. Shares of the wearable camcorder company are trading down roughly 3.5% in the late session. For more on GPRO's earnings, click here.
Credit card giant Visa Inc. outperformed expectations on its top- and bottom-lines Thursday, with $1.08 per share topping the Zacks consensus 98 cents, on revenues of $4.86 billion that beat estimates by $5 million. The company reaffirmed full-year guidance for 2018 (Visa had just reported its fiscal Q3). For more on V's earnings, click here.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: Apple, Alphabet, Amazon, GoPro and Visa
For Immediate Release
Chicago, IL – Feb 2, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Apple, Inc. (AAPL - Free Report) ), Alphabet Inc. (GOOGL - Free Report) ), Amazon.com (AMZN - Free Report) ), GoPro (GPRO - Free Report) and Visa Inc. (V - Free Report) .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday’s Analyst Blog:
So Many Q4 Earnings, So Little Time: AAPL, GOOGL, AMZN, V & More
Another big avalanche of fresh quarterly statements from some of the biggest names in Tech and elsewhere released after yesterday's closing bell. However, while Q4 earnings season has been mainly robust overall, we see some fairly acute negative surprises from some of the markets' more beloved stocks.
Apple, Inc., of the $861 billion market cap, posted positive results in its headline fiscal Q1 2018 earnings, with $3.89 per share beating the $3.82 expected, up 16% year over year. Revenues in the quarter of $88.3 billion outperformed the Zacks consensus by a cool $2 billion. Both figures are all-time highs.
That said, Apple missed iPhone sales estimates by a wide margin: 77.3 million phones were shipped in the quarter, well below the 79.8 million we had been looking for. Share in the after-market are only trading down 1% following the release. For more on AAPL's earnings, click here.
Alphabet Inc. put up a wildly mixed Q4 report after the closing bell, missing estimates of $10.12 per share to hit $9.70. Yet revenues were well ahead of the Zacks consensus -- $32.3 billion versus $25.65 billion. The search behemoth did take a $9.9 billion charge related to the new tax laws, and paid clicks were up 43% year over year. Shares fought back after an initial late-market sell-off. For more on GOOGL's earnings, click here.
Amazon.com shares, however, are trading up 6% in the late session following an earnings beat -- $2.20 per share versus an estimated $1.85, on revenues of $60.45 billion which outpaced the $59.99 billion estimate and ramped up 38% year over year. True, this is not quite the 5,100% positive earnings surprise from Q3 2017, but big companies like Amazon rarely post such extraordinary figures in back-to-back quarters. For more on AMZN's earnings, click here.
Zacks Rank #4 (Sell)-rated GoPro sorely missed estimates, posting a loss of 30 cents per share, which was expected to have been a loss of -$0.10. Revenues did not fare better -- $334.8 million missed the $340.31 million we were anticipating, down 38% year over year. Shares of the wearable camcorder company are trading down roughly 3.5% in the late session. For more on GPRO's earnings, click here.
Credit card giant Visa Inc. outperformed expectations on its top- and bottom-lines Thursday, with $1.08 per share topping the Zacks consensus 98 cents, on revenues of $4.86 billion that beat estimates by $5 million. The company reaffirmed full-year guidance for 2018 (Visa had just reported its fiscal Q3). For more on V's earnings, click here.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.