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The Zacks Analyst Blog Highlights: Amazon.com, Microsoft, Intel, Starbucks and Expedia

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For Immediate Release

Chicago, IL – April 27, 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 Amazon.com (AMZN - Free Report) , Microsoft (MSFT - Free Report) , Intel (INTC - Free Report) , Starbucks (SBUX - Free Report) and Expedia (EXPE - Free Report) .

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Here are highlights from Thursday’s Analyst Blog:

Biggest Day Yet for Q1 Earnings: AMZN, MSFT, INTC, SBUX & More

Zacks Rank #1 (Strong Buy)-based Amazon.com posted perhaps the most impressive earnings report of the entire (extremely robust) Q1 earnings season thus far: earnings of $3.27 per share trounced the estimated $1.22, on revenues of $51.04 billion which outpaced the $50.17 billion in the Zacks consensus, up 43% year over year. We already learned prior to the company's earnings report that Amazon has now amassed more than 100 million Prime customers worldwide, and shares immediately spiked 7% to new all-time highs.

Subscriber services brought in $3.1 billion, above the $2.8 billion expected, while cloud computing outperformed expectations to $5.44 billion in the quarter. Even its brick & mortar unit beat estimates to $4.27 billion. Trailing 12-month operating cash flow came in at 18.2%, and Q2 guidance is pushed up 34-42% year over year, with operating income expected at $1.1 billlion to $1.9 billion. Amazon also announced it is extending its streaming deal with the NFL for its Thursday Night Football broadcasts. Anything else? For more on AMZN's earnings, click here.

Another big beat after Thursday's bell came from Microsoft, which saw 95 cents per share outpace the 85 cents in the Zacks consensus, on $26.82 billion in revenues which blew away the predicted $25.71 billion. Commercial cloud revenue in the quarter grew 57%, with growth overall +93%. Amazingly, this is actually in-line with analysts expectations, which may be one reason we see MSFT shares down 1.2% in after-market trading, cutting the stock's regular-day gains in half. For more on MSFT's earnings, click here.

Intel also put up excellent Q1 earnings numbers, with 87 cents per share far outperforming the 71 cents expected, on $16.07 billion in revenues that beat estimates by a cool billion dollars. The Zacks Rank #3 (Hold)-based chipmaking giant saw better-than-expected growth in its Data Center Group to $5.2 billion from the estimated $4.8 billion, and PC/Mobile chips sold $8.2 billion in the quarter, better than the $7.9 billion expected. Shares popped on the earnings release by roughly 5% in late trading. For more on INTC's earnings, click here.

Starbucks wasn't quite as fortunate in its quarterly earnings report this afternoon, posting 53 cents per share -- in-line with esitmates -- on $6.03 billion in sales, which surpassed the expected $5.90 billion. Same-store sales reached 2%, another in-line figure, with China leading the way at 4% growth year over year. Shares of the coffee giant are also selling off in late trading today, down 2.75% at this hour. For more on SBUX's earnings, click here.

Also, travel services firm Expedia significantly cut their losses from expectations in its quarterly report -- to -36 cents per share from the Zacks consensus -60 cents. Revenues, however, were below the $2.46 billion anticipated to total $2.31 billion, though this figure was minus its majority-held Trivago service. New acquisition Home Away borught in $3.9 billion in gross bookings for the quarter, however, and a buyback program of 15 million shares have helped catapult the recently beleaguered stock =10% in the late session today, effectively erasing its losses for the year.

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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.

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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/performancefor information about the performance numbers displayed in this press release.