==Snap (SNAP) reported earnings on Tue 4 Feb 25 (a/h)

 

Snap beats by $0.05, reports revs in-line

• Reports Q4 (Dec) earnings of $0.01 per share, $0.05 better than the FactSet Consensus of ($0.04); revenues rose 14.4% year/year to $1.56 bln vs the $1.55 bln FactSet Consensus.
  • Daily Active Users increased 9% year-over-year to 453 million, above the company's 451 mln forecast.
• Co added, "Active advertisers more than doubled in Q4, with the improvements we have made to our advertising platform driving improved advertiser performance.

Unusual Options Activity Fri 8/2/24

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• HOOD Weekly Aug02 19.5 calls are seeing interest with the underlying stock down 10% (volume: 2.5K, open int: 80, implied vol: ~95%, prev day implied vol: 68%). Co is confirmed to report earnings August 7 after the close.
• GME Weekly Aug09 22 calls (volume: 6.9K, open int: 5.4K, implied vol: ~82%, prev day implied vol: 66%).  Projected U.S. spending on video game hardware, content and accessories fell -5% yr/yr to $4.6B in June 2024, according to Circana. Co is expected to report earnings early September.
• KVUE Aug 21 calls (volume: 28.5K, open int: 39.5K, implied vol: ~38%, prev day implied vol: 32%). 1720 contracts traded in a single transaction. Co is confirmed to report earnings August 6 before the open.
  

Bearish Put Activity:

• SHOP Weekly Aug02 54 puts are seeing interest with the underlying stock down 7% (volume: 10.9K, open int: 8.1K, implied vol: ~68%, prev day implied vol: 55%). Co is expected to report earnings early August
• SNAP Weekly Aug09 9 puts are seeing interest with the underlying stock down 27% (volume: 6.9K, open int: 1.7K, implied vol: ~60%, prev day implied vol: 54%). 2000 contracts traded in a single transaction. Co reported earnings last night and is expected to report its next quarterly earnings report late October.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.92, VIX: (25.33, +6.74, +36.6%).

Snap (SNAP) to lay off 10% of global workforce, around 500 employees

Snap said it will lay off 10% of its workforce worldwide, around 500 employees, to “promote in-person collaboration.”

• The company’s last major round of cuts was in August 2022, when it laid off 20% of staff and restructured its business lines.
• Snap CEO Evan Spiegel testified before the Senate Judiciary Committee last week, one of several social media executives to face scrutiny over the damage their platforms caused young people.
• The social media platform is the latest tech company to continue cutting in 2024. Nearly 24,000 tech workers lost their jobs in January alone. Already this month, cybersecurity and identity company Okta and Zoom have laid off staff.
• Snap stock remains below its debut price and well off its 2021 high of around $83.
  

 

 

Snap announces plans to reduce headcount by approx. 10% of global full time employees; will incur pre-tax charges of $55-$75 mln related to the headcount reduction

• Per a filing, "In order to best position our business to execute on our highest priorities, and to ensure we have the capacity to invest incrementally to support our growth over time, we have made the difficult decision to restructure our team."
• As a result, SNAP currently estimates that it will incur pre-tax charges in the range of $55 million to $75 million, primarily consisting of severance and related costs, and other charges, of which $45 million to $55 million are expected to be future cash expenditures. The majority of these costs are expected to be incurred during the first quarter of 2024. Potential position eliminations in each country are subject to local law and consultation requirements, which may extend this process into the second quarter of 2024 or beyond in certain countries. The charges that they expect to incur are subject to a number of assumptions, including local law requirements in various jurisdictions, and actual expenses may differ materially from the estimates disclosed above.

Unusual Options Activity, Fri 6/23/23

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

Bullish Call Activity:

• EOSE Jan24 2.5 calls are seeing interest with the underlying stock down 7% (volume: 1910, open int: 230, implied vol: ~138%, prev day implied vol: 133%). 1000 contracts traded in a single transaction. Co is expected to report earnings mid-July.
• COST Jun 525 calls (volume: 1780, open int: 1990, implied vol: ~20%, prev day implied vol: 15%). Co is expected to report earnings mid-September.
• ORCL Sep 130 calls (volume: 2490, open int: 230, implied vol: ~24%, prev day implied vol: 23%). 1290 contracts traded in a single transaction. Co is expected to report earnings mid-September.
• SNAP Aug 12 calls (volume: 24.0K, open int: 19.3K, implied vol: ~74%, prev day implied vol: 73%). 9180 contracts traded in a single transaction. Co is expected to report earnings late July.
  

Bearish Put Activity:

• HPP Sep 5 puts are seeing interest with the underlying stock down 6% (volume: 2660, open int: 10, implied vol: ~91%, prev day implied vol: 59%). 2700 contracts traded in a single transaction. Co is expected to report earnings late July.
• DD Jul 67.5 puts (volume: 2730, open int: 80, implied vol: ~27%, prev day implied vol: 24%). Co is expected to report earnings early August.
  

Sentiment: The CBOE Put/Call ratio is currently: 0.83, VIX: (12.94, +0.03, +0.2%).
July 21 is options expiration -- the last day to trade July equity options.

=Snap (SNAP) reported earnings on Thur 21 July 22 (a/h)

 

Snap beats by $0.01, misses on revs; doesn't provide Q3 guidance due to uncertainties related to operating environment; authorizes $500 mln stock repurchase program 

• Reports Q2 (Jun) loss of $0.02 per share, $0.01 better than the S&P Capital IQ Consensus of ($0.03); revenues rose 13.1% year/year to $1.11 bln vs the $1.14 bln S&P Capital IQ Consensus.
• DAUs were 347 million in Q2 2022, an increase of 54 million, or 18%, year-over-year. DAUs increased sequentially and year-over-year in each of North America, Europe, and Rest of World.
• Free Cash Flow was $(147) million, compared to $(116) million in the prior year.
• Given uncertainties related to the operating environment, company is not providing our expectations for revenue or adjusted EBITDA for the third quarter of 2022.
• Share Buyback: Co also announces its Board of Directors has authorized a stock repurchase program of up to $500 million of its Class A common stock.

=Snap (SNAP) reported earnings on Tue 21 July 20 (a/h)

Snap beats by $0.01, beats on revs; not providing guidance at this time

Reports Q2 (Jun) loss of $0.09 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of ($0.10); revenues rose 17.1% year/year to $454.2 mln vs the $443.22 mln S&P Capital IQ Consensus.

DAUs were 238 million in Q2 2020, an increase of 35 million or 17% year-over-year.

DAUs increased sequentially and year-over-year in each of North America, Europe, and Rest of World.

DAUs increased sequentially and year-over-year on each of iOS and Android platforms.

"Given the uncertainties related to the ongoing COVID-19 pandemic and the rapidly shifting macro conditions, we are not providing our expectations for revenue or Adjusted EBITDA for the third quarter of 2020."

Earnings this week : July 20 - 24, 20 (wk 30)

Monday (July 20)

• Morning: CALM HAL LII MAN ONB PETS PHG
• Afternoon: ACC BXS CDNS CCK ELS IBM LLNW LOGI STLD ZION

Tuesday (July 21)

• Morning: CIT KO CMA CBSH GATX GPK LMT MUSA NEOG NVS OGI PM PLD SBNY SFNC SYF SNV UBS
• Afternoon: AIR CNI COF CSL FMBI FULT HWC HOPE IBKR ISRG IRBT NBHC NAVI PNFP REXR SNAP SUM AMTD TER TXN UAL UCBI USNA WRB WTFC

Wednesday (July 22)

• Morning: ABB APH AVNT BKR BIIB BOKF CADE CP CHKP CSTM DOV EVR FCFS HCA IQV KEY KNX LAD MKTX NDAQ NRZ NTRS NVR RCI SLGN SBSI TDY TMO
• Afternoon: ALGN NTB BDN BCOV CMG CNS CLB CSX CVBF DFS ECHO EFX FR GL GGG HNI ICLR KALU KMI LSTR LVS MTH MSFT NTGR PLXS SLM SEIC SLG STL SUI SU TSLA TCBI TRN UMPQ UFPI VMI WAFD WSBC WHR

Thursday (July 23)

• Morning: APD ALK ALLE ADS AB AAL T AN BANC BX CVE GTLS CTAS CTXS CMS COLB DHR DOW EWBC ENTF FITB FAF FSV FCX GWW HRI HSY HBAN KMB MTB HZO MTRN NUE ORI PTEN PNR POOL BPOP PHM DGX RS LUV STM TECK TSCO TRV TWTR UNP VLY WSO WBS WST
• Afternoon: ASB OZK BJRI SAM BOOM ETFC EW EHTH FFBC FE IEX INTC LMAT MANH MAT MXL PBCT RGP RHI SCHL SGMS SKX SWKS SIVB VRSN VICR AUY

Friday (July 24) 

• Morning: AIMC AXP BLMN CRI FHB GNTX HON MOG.A NEE NEP SLB TPH TRTN VZ

Snap (SNAP) reported earnings on Tue 4 Feb 20 (a/h)

** charts before earnings **

 

 

 

** charts after earnings **

** 2 weeks later **

Snap beats by $0.02, reports revs in-line; guides Q1 revs in-line

Reports Q4 (Dec) earnings of $0.03 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of $0.01; revenues rose 43.9% year/year to $560.9 mln vs the $561.87 mln S&P Capital IQ Consensus. DAUs were 218 million in Q4 2019, an increase of 31 million or 17% year-over-year. Total daily time spent by Snapchatters watching Discover increased by 35% year-over-year in Q4 2019.

Adjusted EBITDA improved $93 mln to $42 mln in Q4 2019.

Co issues in-line guidance for Q1, sees Q1 revs of $450-470 mln vs. $461.86 mln S&P Capital IQ Consensus; EBITDA ($70-90) mln vs. ($64) mln consensus.

Earnings this week : Feb 3 - 7, 20 (wk 6)

Monday (Feb 3)

• Morning: ACM AMG ABG CTLT CHKP NSSC ON SASIA SYY
• Afternoon: ARE GOOG AFG BECN CBT EZPW FN HLIT HIG HP HXL HLI KMT KRC LEG MTSC NXPI PAHC PCH RBC SSD SXI VVV WWD

Tuesday (Feb 4)

• Morning: ATI AXE ARMK ATKR BDC TECH BP CNC CLX CMCO COP CSWI CTS CMI EXP ETN EMR ENTG AQUA IT HAE HLNE HUBB JHG LHX LANC LII LITE MCK MTG MSGN PBI PINC RL ROLL RCL SPG SIRI SNE TDG VSH GRA WDR WAT ZBH

Mon pm & Tue am (by vol) : https://finviz.com/screener.ashx?v=211&t=ARE,GOOG,AFG,BECN,CBT,EZPW,FN,HLIT,HIG,HP,HXL,HLI,KMT,KRC,LEG,MTSC,NXPI,PAHC,PCH,RBC,SSD,SXI,VVV,WWD,ATI,AXE,ARMK,ATKR,BDC,TECH,BP,CNC,CLX,CMCO,COP,CSWI,CTS,CMI,EXP,ETN,EMR,ENTG,AQUA,IT,HAE,HLNE,HUBB,JHG,LHX,LANC,LII,LITE,MCK,MTG,MSGN,PBI,PINC,RL,ROLL,RCL,SPG,SIRI,SNE,TDG,VSH,GRA,WDR,WAT,ZBH&ta=0&o=-volume

• Afternoon: EGHT ATGE AFL ALL DOX AINV APAM ATO BOOT CDK CERN CMG CB TCS CCK ESE ETH FISV F GTES GNW GILD GL THG HIW IPHI JKHY KLAC KN MANH MTCH MDU MCHP MODN MWA NBIX NEWR OI OLN PCTY CNXN PDM PAA PAGP PLT PWL PRU QGEN RRR RNR SCSC STX SNAP SWI TENB UNM USNA VIAV DIS YRCW ZAYO

Wednesday (Feb 5)

• Morning: ABB AME BMI BSX CPRI CG COTY DTE ENR FSV GM GPI HUM KFRC MHO MCFT MRK NS NVT BTU PAG PFGC SR SPOT SUM TMHC TKR UMC WD
• Afternoon: ADTN AOSL UHAL ANGI AVB ACLS CCMP CENT CDAY CINF CTSH COHR CUZ CSGS CUB DHT ECHO ELF ENS FEYE FLO FMC FORM FOXA GLUU GPRO GRUB HI ICHR IAC IRBT LCI LNC RAMP MTRX MXL MET MC MPWR NTGR NUAN ORLY OHI PAYC PTON QCOM  QNST RDN RYN RGLD SONO SAVE SU TBI TTMI TWLO TWO UGI WERN YUMC ZNGA

Thursday (Feb 6)

• Morning: ABMD WMS AGCO ALNY MT ARCH ARW BLL BCE BDX BGCP BV BCO BMY CAH CDW CI COR DNKN EIGI EL FCAU GLOP GLT HL  EAF HAIN ICE K KEM MAC MMS MPW MDP NRX NYT NGL NJR NOK ODFL PTEN PENN PM PBH PRLB REGN SPGI SNY SNA TPR TGI TWTR TSN USX VSTO WLTW WWE XYL YUM
• Afternoon: TWOU ATVI ASYS BIDU BHE BILL BKH BRKS CSL CCS COLM OFC DLX DXC EGP EGAN ENTA EHC EXPO FLT FSCT FTNT FTV FWRD G HUBG IQ LMAT LGND LFG.A MTW MTD MOBL MSI MYGN NOV NTUS UEPS NWSA NLOK OMCL ONTO PMT PINS POST PRO SGEN SIMO SKX SYNA TTWO TDC TSE UBER VRSN VVI VSAT VRTU VCRA WYNN ZEN

Friday (Feb 7) 

• Morning: ABBV AVTR CAE CCJ CBOE CNHI GOOS ROAD UFS FE GRC HMC

=Snap (SNAP) reported earnings on Tue 22 Oct 2019 (a/h)

Snap beats by $0.01, beats on revs; Adj-EBITDA, DAU exceed guidance; guides Q4 revs in-line, Adj-EBITDA just below consensus; sees Q4 DAUs of 214-215 mln

Reports Q3 (Sep) loss of $0.04 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of ($0.05); revenues rose 49.9% year/year to $446.2 mln vs the $436 mln S&P Capital IQ Consensus.

Adjusted EBITDA improved $96 million to $(42) million in Q3 2019, compared to the prior year and vs. guidance for ($85-60 mln)

DAUs were 210 million in Q3 2019, compared to 203 million in Q2 2019 and 186 million in Q3 2018, and vs. guidance for 205-207 mln.

Co issues guidance for Q4, sees Q4 revs of $540-560 mln vs. $553.64 mln S&P Capital IQ Consensus, sees Adj-EBITDA of $0-20 mln vs. $21 mln consensus

Earnings this week : Oct 21 - 25, 19 (wk 43)

Monday (Oct 21)

• Morning: HAL LII PETS SAP
• Afternoon: ACC ELS HXL HMST LOGI AMTD  TACO

Tuesday (Oct 22)

• Morning: ABG BIIB CNC GATX HOG HAS JBLU KMB LMT MCD PCAR  PII PG DGX SERV  SHW TRV  TTS  UTX UPS
• Afternoon: BYD CMG CNI CSGP CSL DFS EEFT EQR FMBI FULT HA HCSG HIW IRBT LRN MANH MPWR MTH NAVI NBHC NBTB NTB SIX SKX SNAP TER TRMK TXN UCBI USNA WHR WRB

Wednesday (Oct 23)

• Morning: ABB ALKS ALXN ANTM APH AVY BA BANC BCO BKU BOKF BPOP BSX BX CADE CAT CLF CMC CSTM EVR FCFS FCX FSV GD GWW HLT HRI HTLD IVZ KNX LAD LLY MHO MKTX NDAQ NSC NTRS OC PB PNR RCI RES ROL SALT SCL SLAB SLGN TDY TMO TZOO UNF WGO WM
• Afternoon: AEM AKR ALGN AMP APY ARI ASGN BCOV BMRN BXMT CLB CLGX CMRE CP CUBI CUZ CVBF DHT EBAY ECHO EFX EGP EIG ESRT ESS EW F FBHS FFIV FR FTI GGG GL HNI ICLR ISBC KALU KNL KRA KRC LMAT LRCX LSTR LVS MKSI MSA MSFT MX NGVT NOW NTGR NXGN ORLY PKG PLXS PTC PYPL QEP RHI RJF RRC SAVE SEIC SLM SRPT STL SUI TRN TSLA UFPI VAR VMI WPG WSBC XLNX

Thursday (Oct 24)

• Morning: AAL AB ADS AEP AIMC ALLE ASPS AXTA AZN BAX BC BGCP CMCS.A CMS COLB COWN CRI CRS CTS CTXS DHR DOW ENTG FAF FCN GNC GPI GRA HBAN HEES HSY IART KIM LH LUV MMM MNRO MSM MTRN NOC NOK ODFL ONDK ORI PATK PDS PRLB PTEN ROP RS RTN SAH SCHN STM SWK TAL TECK TROW TRTN TSCO TWTR UBSI VC VLO VLY WST XEL
• Afternoon: AFL AJG ALGT ALK AMZN ANIK ASB AUY AVT BHE BJRI BOOM CERN CINF CLS COF COG CSLT CUBE CVA CXP CY DECK DLX EHTH EMN ENVA FET FHB FII FIX FLEX FSLR FTV FWRD GCAP GILD HLI ILMN INTC JNPR KN LOGM LPLA MHK MXL NTUS OIS OMCL OSIS PEB PFG PFPT POWI PRO RMD SBCF SIVB SPSC SWN TNET UHS V VCRA VRSN VVI WERN WRE 

Friday (Oct 125)

• Morning: ALV AON B BEN BUD CHTR GBX GRC GT GVA HUN ITW KEX LEA NRZ PFS PSX PSXP ROCK SBSI SJR TILE UFS VFC VRTS VTR VZ WETF WY YNDX

Reports this week:

• Monday: No economic data scheduled
• Tuesday: September Existing Home Sales (prior 5.49 mln) at 10:00 ET and $40 bln 2-yr Treasury note auction results at 13:00 ET
• Wednesday: Weekly MBA Mortgage Index (prior 0.5%) at 7:00 ET; August FHFA Housing Price Index (prior 0.4%) at 9:00 ET; weekly crude oil inventories (prior +8.0 mln) at 10:30 ET; and $41 bln 5-yr Treasury note auction results at 13:00 ET
• Thursday: Weekly Initial Claims (prior 214,000), Continuing Claims (prior 1.679 mln), September Durable Orders (prior 0.2%), and Durable Orders ex-transportation (prior 0.5%) at 8:30 ET; September New Home Sales (prior 713,000) at 10:00 ET; weekly natural gas inventories (prior +104 bcf) at 10:30 ET; and $32 bln 7-yr Treasury note auction results at 13:00 ET
• Friday: Final October Michigan Consumer Sentiment Survey (prior 96.0) at 10:00 ET

Notable earnings reports: 

• Halliburton (NYSE:HAL), SAP SE (NYSE:SAP) and TD Ameritrade (NASDAQ:AMTD) on October 21; 
• UPS (UPS), McDonald's (MCD), Procter & Gamble (PG), Travelers (NYSE:TRV), United Technologies (NYSE:UTX), Centene (NYSE:CNC), Chipotle (NYSE:CMG), Lockheed Martin (NYSE:LMT), Discover Financial Services (NYSE:DFS), Hasbro (NASDAQ:HAS) and Kimberly-Clark (NYSE:KMB) on October 22; 
• Boeing (BA), Caterpillar (CAT), Microsoft (NASDAQ:MSFT), Anthem (NYSE:ANTM), Blackstone (NYSE:BX), Boston Scientific (NYSE:BSX), Canadian Pacific (NYSE:CP), Cleveland-Cliffs (NYSE:CLF), eBay (NASDAQ:EBAY), Edwards Lifesciences (NYSE:EW), Eli Lilly (NYSE:ELY), Equifax (NYSE:EFX), F5 Networks (NASDAQ:FFIV), Ford (NYSE:F), PayPal (NASDAQ:PYPL), Tesla (TSLA) and General Dynamics (NYSE:GD) on October 23; 
• Intel (INTC), Visa (NYSE:V), Amazon (AMZN), Comcast (NASDAQ:CMCSA), Raytheon (NYSE:RTN), Southwest Airlines (NYSE:LUV), T-Mobile (NASDAQ:TMUS), Twitter (TWTR) and Northrop Grumman (NGC) on October 24; 
• Verizon (NYSE:VZ) and Anheuser-Busch InBev (NYSE:BUD) on October 25. 

=Snap (SNAP) reported earnings on Tue 23 Apr 2019 (a/h)

Snap beats by $0.02, beats on revs, Adj-EBITDA exceeds guidance, DAU above consensus; guides Q2 revs in-line

• Reports Q1 (Mar) loss of $0.10 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of ($0.12); revenues rose 38.9% year/year to $320.43 mln vs the $306.28 mln S&P Capital IQ Consensus. Adj-EBIDA was ($123 mln) vs. guidance of ($165-140 mln)
• DAUs were 190 million in Q1 2019, compared to 186 million in Q4 2018 and 191 million in Q1 2018. (Estimates called for DAU to be roughly 187 mln)
• Co issues in-line guidance for Q2, sees Q2 revs of $335-360 mln vs. $346.83 mln S&P Capital IQ Consensus; sees Adj-EBITDA of ($150-125 mln) vs. estimates of roughly ($112 mln).
• Earnings Slides
• Prepared Remarks
  • Android: As of the end of Q1, our new Android application is available to everyone. Compared to the prior version, it is 25 percent smaller, opens 20 percent faster on average, and is modularized to allow for efficient ongoing innovation. On some of the lowest-performing devices, this resulted in a 6 percent increase in the number of people sending Snaps within the first week of upgrading to the new Android build. While these early results are promising, improvements in performance and new user retention will take time to compound and meaningfully impact our top-line metrics.
  • Our augmented reality platform continues to evolve, with our community now spending more than 250 million minutes playing with AR experiences every day on average in the Snapchat camera. This represents a 10 percent increase in play time per DAU compared to last year.
  • Our advertising business is continuing to scale following our transition to self-serve monetization, with nearly all of our products, including Lenses, now available via our Ads Manager.....This has helped us scale our direct response revenue, which more than doubled when compared to Q1 last year.
  • DAU Commentary: Our results in Q1 benefitted from positive momentum at the beginning of the quarter due to seasonality that we observed as a result of the holiday season.
  • ARPU: Average revenue per user was $1.68, an increase of 39 percent year-over-year and a decrease of 19 percent sequentially, again reflecting seasonality in our business.
  • With respect to the second quarter of 2019, the positive trends we are observing in per-user engagement may increase our infrastructure costs overall. Additionally, as Evan mentioned earlier, we plan to make additional investments in marketing, content, engineering, and sales to support our long term strategic objectives, and to build on the momentum we see in our business today. We believe that these investments will create value over the long term, but in the immediate term they will put downward pressure on the very high operating leverage we have observed in recent quarters.
  • Additional DAU Commentary: While we are not going to give specific guidance on daily active users, we have previously seen stronger daily active user growth rates in Q1 when compared to Q2.

Earnings this week : Apr 22 - 26, 19 (wk 17)

777 companies reporting, 155 companies in the S&P 500 index.

Monday (April 22)

Markets closed in Europe, Canada, Hong Kong and Australia for Easter Monday holiday

Europe:

• STOXX Europe 600: closed
• Germany's DAX: closed
• U.K.'s FTSE 100: closed
• France's CAC 40: closed
• Italy's FTSE MIB: closed
• Spain's IBEX 35: closed

Asia: Hang Seng  CLOSED  Shanghai  open  Nikkei open

• Morning: AVX BOH CBU GWW HAL HNI KMB LECO LII NVR ONB STLD TCF
• Afternoon:  ACC ALSN BEDU BRO CDNS CE CMRE EGP ELS HLX HSTM IBTX MINI NBTB RMBS RRC SFNC WAL WHR ZION

Tuesday (April 23)

• Morning:  ABCB ABG ARCH ASTE ATI AXE BANC CIT CNC DGX EDU FBC FCF FELE FITB FNB GPK HAS HOG IRDM JBLU KO LMT MTG NEE NTRS NUE PG PHM PII PPBI SHW SNV STT TECK TRU TWTR UMBF UTX VZ WAT WSO
• Afternoon:  AMTD BXMT CHFC CP CSGP CSL EBAY EW FCPT FE FMBI FR HA HIW HXL IRBT KALU LRN LTXB MANH MMSI MTH NAVI NBHC NWE RHI RNST SITC SIX SNAP SPN SYK TER TRMK TSS TXN UCBI VMI WRB

Wednesday (April 24)

• Morning:  ANTM APD APH AVY AXTA BA BCO BIIB BKU BOKF BSX CAT CSTM CVE DPZ DTE EVR FBP FCFS FLIR FSV GATX GD GNTX IART KNX LAD MCO MHO MKTX NDAQ NOC NSC NVS OC PB RES ROL SAP SIRI SLAB SLGN STM SWK SXC T TDY TEL TMO TROW TUP UMC
• Afternoon:  AGNC AGR AKR ALGN ALGT AMP ARI ASGN AVB AXS AXTI AZPN BCOV BDN BHE CHDN CINF CLB CLGX CMG CNMD COR CTXS CUBI CUZ CVBF DRE ECHO EIG ESRT ESS FB FBHS FFIV FNF FWRD GGG HP ISBC KN KRA LRCX LSTR MEOH MSA MSFT NOW NTGR OIS ORLY PKG PTC PYPL QEP RJF ROIC SAM SAVE SCI SEIC STL SUI SWI TILE TRN TSLA UFPI V VAR WCN WPG WRE XLNX

Thursday (April 25)

• Morning:  AAN AB ABBV ADS AEP ALKS ALLE ALXN ASPS AUO BAX BC BMY BWA CBZ CFR CLF CLS CMCS.A CMS CNSL COLB COWN CRR CRS CTS CWT DHI DLX ENTG EQT FAF FCN FCX GLOP GNC GPI GRA GRC HBAN HEES HES HSY HZO IBKC IP IRM ITW IVZ LANC LAZ LKQ LUV MAS MDCO MMC MMM MO NCI NEM NOK NTB NVT ODFL ORI PAG PATK PDS PRLB PTEN ROK ROP RS RTN SAH SHOO SSTK TAL TPH TSCO TZOO UBSI UPS VC VLO VLY WAB WEC WM WNS WST WWE XEL XRX YNDX
• Afternoon:  AEM AFL AJG ALK AMZN ASB ATEN ATRC AVT BABY BEAT BGG BJRI BMRN BOOM BYD CERN CIR COF COLM CUBE CVA CXP CY DFS DLR EHC EMN ENVA F FET FFBC FHB FII FIX FTI FTV GCAP GRUB HTA HTH IEX ILMN INT INTC JNPR KNL LMAT LOGM MAT MHK MOBL NOV NR OMCL PEB PFG PFPT PKI POWI PRO RSG SBCF SBUX SFLY SGEN SIVB SKYW SPSC SWN TMUS UHS VCRA VLRS VRSN VVI WERN  (finviz charts)

Friday (April 26) :

• Morning:  AAL ADM AIMC AIT ALV AN AON ARD AZN B BEN BLMN CIGI CL COG CVX GT GVA HELE HRC IMAX IMO IPG LEA LYB MOG.A PFS POR SBSI SNE SNY TREE TYPE VRTS VTR WBC WETF WY XOM ZBH
• Afternoon: 

What's in a name?: Weight Watchers (NASDAQ:WTW) begins trading under its new ticker symbol WW on April 22. The company has also rebranded its corporate identity to WW to fall in line with its transition to a global wellness company. Shares of Weight Watchers have been in a downward skid, down 51% YTD and 71% lower over the last 52 weeks.

Notable earnings reports: Halliburton (NYSE:HAL), Whirlpool (NYSE:WHR) on April 22; Twitter (NYSE:TWTR), Snap (NYSE:SNAP), eBay (NASDAQ:EBAY), Coca-Cola (KO), Verizon (VZ), Procter & Gamble (PG), Texas Instruments (NASDAQ:TXN) and United Technologies (UTX) on April 23; Tesla (TSLA), Facebook (NASDAQ:FB), Microsoft (MSFT), Visa (V), Caterpillar (CAT), AT&T (NYSE:T), Chipotle (NYSE:CMG), PayPal (NASDAQ:PYPL) and Boeing (BA) on April 24; Amazon (NASDAQ:AMZN), Intel (NASDAQ:INTC), Starbucks (NASDAQ:SBUX), Ford (NYSE:F), Comcast (NASDAQ:CMCSA), UPS (NYSE:UPS), AbbVie (NYSE:ABBV) and Altria (NYSE:M)) on April 25; Exxon Mobil (NYSE:XOM), Chevron (NYSE:CVX), Archer Daniels Midland (NYSE:ADM) and IMAX (NYSE:IMAX) on April 26.

Some implied moves for earnings this week (777 companies reporting):

$IRBT 12.9%
$AMZN 4.3%
$FB 6.0%
$TWTR 10.4%
$MSFT 3.6%
$TSLA 9.0%
$PYPL 5.6%
$V 3.1%
$CMG 7.7%
$ALGN 9.5%
$LRCX 6.6%
$XLNX 8.2%
$FFIV 5.9%
$ORLY 6.5%
$SAM 9.4%
$CTXS 6.3%
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=Snap (SNAP) reported earnings on Tue 5 Feb 2019 (a/h)

Snap beats by $0.04, beats on revs, DAUs beat; guides Q1 revs in-line, EBITDA above estimates -- has started rolling out new version of Android application

• Reports Q4 (Dec) loss of $0.04 per share, excluding non-recurring items, $0.04 better than the S&P Capital IQ Consensus of ($0.08); revenues rose 36.4% year/year to $389.82 mln vs the $378.9 mln S&P Capital IQ Consensus.
• Adjusted EBITDA loss improved $109 million to $(50) million in Q4 2018, compared to the prior year. Estimates called for EBITDA of ($83 mln)
• DAUs were 186 million in Q4 2018, compared to 187 million in Q4 2017 and 186 million in Q3 2018. Estimates called for Q4 DAUs of 184 mln
• In Q4 2018, our iOS DAU increased both quarter-over-quarter and year-over-year, and average time spent on iOS grew faster during Q4 2018 than during Q4 2017.
• "We ended the year with user engagement stabilizing and have started rolling out the new version of our Android application to a small percentage of our community. We are substantially closer to achieving profitability, as we have maintained a relatively flat cost structure across the past five quarters while growing full-year revenue 43 percent year-over-year."
• Corporate Updates:
  • We began to roll out our new Android application and early test results are promising, especially on less performant devices, including a 20% reduction in the average time it takes to open Snapchat.
• Co issues guidance for Q1, sees Q1 revs of $285-310 mln vs. $303.84 mln S&P Capital IQ Consensus; sees Adj-EBITDA of ($165-140 mln) vs. estimates for ($169 mln)

Earnings this week : Feb. 4 - 8, 2019 (wk 6)

Earnings expected this week:

Monday (Feb 4)

• Morning: ALXN CLX ON SYY
• Afternoon: AVB FN GILD GOOG GLUU HIG LM STX

Tuesday (Feb 5)

• Morning: ADM AME ARMK BDX CHD CNC EL EMR ENR INGR IT LII LITE RL 
• Afternoon: ALL APC APU CB CERN DATA DIS DOX  EA MANH  MCHP MODN  MTSI MYGN MXL OI  PAA  PAYC SAVE SCSC  SFLY   SNAP SWKS TCS  TENB ULTI USNA VNOM VRTX ZEN

Wednesday (Feb 6)

• Morning:  ABG BSX BCO CSTE CPRI CTSH CMI ELAN FDC FDV GM HUM LLY  NYT REGN  SPOT TRVG  TTWO 
• Afternoon: ACLS AEL AHL AINV AOSL BLKB CCK CCMP CDAY CENT CINF CMG CSGS CUB CUZ DHT ECHO EGP ELY ENS ENSG FEYE FLO FLT FORM FTNT GBDC GPRO HQY ICHR IRBT KNL LCI LNC MC MET MTCH MTRX NEWR NOV NTGR NTR NXPI ORLY OSUR PAHC PCTY PRU PSDO PSEC RGLD RYN SONO TRMB TTGT TTMI TWO UHAL VVV WERN ZNGA

Wed pm/Thur am (vol) https://finviz.com/screener.ashx?v=211&t=ACLS,AEL,AHL,AINV,AOSL,BLKB,CCK,CCMP,CDAY,CENT,CINF,CMG,CSGS,CUB,CUZ,DHT,ECHO,EGP,ELY,ENS,ENSG,FEYE,FLO,FLT,FORM,FTNT,GBDC,GPRO,HQY,ICHR,IRBT,KNL,LCI,LNC,MC,MET,MTCH,MTRX,NEWR,NOV,NTGR,NTR,NXPI,ORLY,OSUR,PAHC,PCTY,PRU,PSDO,PSEC,RGLD,RYN,SONO,TRMB,TTGT,TTMI,TWO,UHAL,VVV,WERN,ZNGA,ADNT,ADS,AMAG,ANDX,ARW,BCE,BR,BSIG,BV,CAH,CDW,CEIX,CNHI,COR,DNKN,DTE,EIGI,EPC,FCAU,GRA,GRUB,HAIN,HBI,ICE,K,LABL,LCII,LH,MAC,MAS,MD,MMS,MPC,MPLX,MPW,ODFL,PAG,PBH,PENN,PM,PRLB,PTEN,SEE,SNA,SNY,SPB,SPGI,TGI,TKR,TMUS,TPR,TSN,TWTR,VIRT,VSTO,WLTW,WMS,WWE,YUM&ta=0&o=-volume

Thursday (Feb 7)

• Morning: ADNT ADS AMAG ANDX ARW BCE BR BSIG BV CAH CDW CEIX CNHI COR DNKN DTE EIGI EPC FCAU GRA GRUB HAIN HBI ICE K LABL LCII LH MAC MAS MD MMS MPC MPLX MPW ODFL PAG PBH PENN PM PRLB PTEN SEE SNA SNY SPB SPGI TGI TKR TMUS TPR TSN TWTR VIRT VSTO WLTW WMS WWE YUM
• Afternoon: ATEN ATGE ALNY ASYS ANGI MT ATHN BECN BHE BKH CARB CSL CBL CCS COLM OFC DXC EGAN EHC ESE EEFT EXPE FISV FSCT FTV FET FWRD G HUBG IAC KN LGND MTW MCFT MAT MTD MOBL MHK MSI NCR UEPS NR NWSA NUAN OMCL CNXN PMT POWI PRI PRO QRVO QNST RPD RSG SGEN SKX SWI SYNA TDC TBI USX VRSN VVI VSAT VRTU VCRA WTS WU ZAYO 

Friday (Feb 8)

• Morning: ARNC AVA BPL CAE CBOE CLF COTY ESNT EXC GT GRC EAF HAS IMGN PCG PSX  PSXP RDN UNVR VTR 

=Snap (SNAP) reported earnings on Thur 25 Oct 2018 (a/h)

Snap beats by $0.02, beats on revs, DAUs miss; guides Q4 revs in-line, Adj-EBITDA above estimates

• Reports Q3 (Sep) loss of $0.12 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of ($0.14); revenues rose 43.2% year/year to $297.7 mln vs the $283 mln S&P Capital IQ Consensus; Adj-EBITDA of ($138.4 mln) vs. ($167.2 mln) estimate
• Q3 DAUs were 186 mln vs. 188 mln last quarter and vs. 187 mln estimate
• Co issues guidance for Q4, sees Q4 revs of $355-380 mln vs. $375.30 mln S&P Capital IQ Consensus; sees Adj-EBITDA of ($100-75 mln) vs. ($108 mln) estimate

-=Snap (SNAP) reported earnings on Tue 7 Aug 2018 (a/h)

Snap beats by $0.03, beats on revs, DAUs miss; guides Q3 revs in-line (midpoint below estimates) 

• Reports Q2 (Jun) loss of $0.14 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of ($0.17); revenues rose 44.4% year/year to $262.26 mln vs the $249.61 mln Capital IQ Consensus.
• Adjusted EBITDA loss decreased 13% to $(169) million in Q2 2018, compared to an Adjusted EBITDA loss of $(194) million in Q2 2017.
• Daily Active Users (DAU) increased 8% to 188 million (vs. 191 mln analyst estimate) in Q2 2018, compared to 173 million in Q2 2017, and decreased 2% in Q2 2018, compared to 191 million in Q1 2018.
• Average revenue per user (ARPU) increased 34% to $1.40 in Q2 2018, compared to $1.05 in Q2 2017.
• Co issues guidancefor Q3, sees Q3 revs of $265-290 mln vs. $289.59 mln Capital IQ Consensus Estimate; sees Adj-EBITDA loss of $160-185 mln

00=Snap (SNAP) reported earnings on Tue 1 May 2018 (a/h)

Snap reports EPS in-line, misses on revs and DAU 

• Reports Q1 (Mar) loss of $0.17 per share, in-line with the Capital IQ Consensus of ($0.17); revenues rose 54.2% year/year to $230.7 mln vs the $244.57 mln Capital IQ Consensus, driven by growth in Snap Ads, and down 19% sequentially, primarily due to seasonality and the redesign.
• Daily Active Users (DAU) grew from 166 million in Q1 2017 and 187 mln in 4Q17 to 191 million vs. 194 million estimate. 

=Snap (SNAP) reported earnings on Tue 6 Feb 2018 (a/h)

Snap beats by $0.03, beats on revs 

• Reports Q4 (Dec) loss of $0.13 per share, excluding non-recurring items, $0.03 better thanthe Capital IQ Consensus of ($0.16); revenues rose 72.4% year/year to $285.7 mln vs the $252.27 mln Capital IQ Consensus, up 37% sequentially, driven by auction traction and seasonality.
• Daily Active Users (DAU) increased 8.9 million or 5% sequentially to 187 mln vs. 184 mln estimates, representing the highest net adds since Q3 2016. DAUs increased 28.8 million or 18% year-over-year.
• Average revenue per user (ARPU) was $1.53 in Q4 2017, up 46% year-over-year and 31% sequentially.

=Snap (SNAP) reported earnings on Tue 7 Nov 17 (a/h)

• Nov. 7:  #15, 37

Snap beats by $0.01, misses on revs 

• Reports Q3 (Sep) loss of $0.14 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of ($0.15); revenues rose 62.2% year/year to $207.9 mln vs the $236.71 mln Capital IQ Consensus. 
• Daily active users (DAU) -- DAUs grew 4.5 mln (3%) Q/Q to 178 million vs. 183 mln estimates.
• Average revenue per user (ARPU) -- ARPU was $1.17 in Q3 2017, an increase of 39% over Q3 2016 when ARPU was $0.84. ARPU increased 12% over Q2 2017 when ARPU was $1.05. Hosting costs per DAU -- Hosting costs per DAU were $0.68 in Q3 2017, as compared to $0.64 in Q3 2016 and $0.61 in Q2 2017.
• "In Q3 2017, we recorded $39.9 million of charges related to Spectacles inventory, primarily related to excess inventory reserves and inventory purchase commitment cancellation charges."