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The Zacks Analyst Blog Highlights: Amazon, Intel, Starbucks, T-Mobile and Ford

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For Immediate Release

Chicago, IL – April 26, 2019 – 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 (AMZN - Free Report) , Intel (INTC - Free Report) , Starbucks (SBUX - Free Report) , T-Mobile (TMUS - Free Report) and Ford (F - Free Report) .

Here are highlights from Thursday’s Analyst Blog:

Q1 Afternoon Smorgasbord: AMZN, INTC, SBUX & More

Amazon blew away bottom-line estimates in its Q1 earnings report after the closing bell on Thursday: $7.09 per share obliterated the $4.61 expected, which itself marked 41% growth from the year-ago quarter. Revenues of $59.7 billion was a smidge ahead of expectations in the quarter, although this represents the slowest growth for the eCommerce giant in four years. 

AWS revenues grew $7.69 billion, which was in-line with estimates. The company also saw strength in its Advertising business, although its paid units growth slowed. So while sales remained somewhat stagnant in the quarter, profitability looks to have stepped up to another level. Shares are up just under 1% in after-market trading.

Intel also topped earnings and sales estimates for its Q1, with 89 cents per share on $16.1 billion in revenues comparing with 87 cents (both expected and the year-ago number) on $16.1 billion, respectively. Yet shares fell 7% on the news, as full-year guidance fell from $4.51 per share expected to $4.35 currently, on $69 billion in sales which would come up short of the $70.77 billion in the Zacks consensus.

An impressive beat on the bottom line came in from Starbucks Thursday afternoon, sending stocks to a new 52-week high in late trading. The Zacks Rank #2 (Buy)-rated coffee giant posted 60 cents per share from the 56 cents expected; revenues came in-line with the estimate of $6.31 billion. Overall comps were at 3%, including the third-straight quarter the Americas came in with 4% growth. China/Asia/Pacific grew by 2%.

T-Mobile is celebrating its Q1 earnings report with a big beat on the bottom line: $1.06 per share versus expectations of 95 cents, already well beyond the 78 cents reported in the year-ago quarter. Sales of $11.08 billion outpaced the $10.98 billion expected. Net adds in the quarter grew 1.7 million, much hotter than the 1.2 million estimated. The company also boasted all-time record low churn in the quarter.

Ford also zoomed past estimates on the bottom line: 44 cents per share crushed the 26 cents in the Zacks consensus. Revenues of $37.24 billion surpassed the $36.41 billion in the automaker's Q1. Key gains in North America and Europe joined an impressive take of $801 million earned from the Ford credit business. Shares jumped 3% on the earnings release.

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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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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