The dump of earnings after the close. Apple still ahead.
<ul><li><p>Stryker Corp (SYK) Q3 2023: BEAT</p><ul><li>Adj. EPS: $2.46 (BEAT, expected: $2.43)</li><li>Revenue: $4.90 billion (BEAT, expected: $4.86 billion)</li><li>Despite the beat shares are trading down $-16.23 or -5.83%</li></ul></li><li><p>Microchip Technology Inc (MCHP) Q2 2024:MISS</p><ul><li>Adj. EPS: $1.61 (MISS, expected: $1.62)</li><li>Revenue: $2.25 billion (MISS, expected: $2.27 billion)</li><li>Dividend Increase: 33.8% Year-over-Year to $0.439 per share</li><li>Shares are trading down $-2.67 or -3.63%</li></ul></li><li><p>DraftKings Inc (DKNG) Q3 2023:BEAT</p><ul><li>EPS: -$0.35 (BEAT, expected: -$0.69)</li><li>Revenue: $0.79 billion (BEAT, expected: $0.71 billion)</li><li>Shares are trading up $2.44 or 8.04%</li></ul></li><li><p>Pioneer Natural Resources Co (PXD) Q3 2023:MIXED</p><ul><li>Adj. EPS: $5.83 (BEAT, expected: $5.55)</li><li>Average Production: 721,000 barrels per day (MEET, expected: 718,000)</li><li>Average Oil Production: 377,000 barrels per day (MEET, expected: 375,000)</li><li>Average NGL Production: 182,000 barrels per day (MEET, expected: 182,000)</li><li>shares are trading up $0.66 or 0.27%</li></ul></li><li><p>Carvana Co (CVNA) Q3 2023: MIXED</p><ul><li>Adj. EBITDA: $148 million (BEAT, expected: $59.7 million)</li><li>Revenue: $2.77 billion (MISS, expected: $2.78 billion)</li><li>Shares are trading up $2.97 or 9.93%</li></ul></li><li><p>Monster Beverage Corp (MNST) Q3 2023: MIXED</p><ul><li>EPS: $0.43 (BEAT, expected: $0.40)</li><li>Revenue: $1.86 billion (MISS, expected: $1.87 billion)</li></ul></li><li><p>Coinbase Global Inc (COIN) Q3 2023:BEAT</p><ul><li>EPS: -$0.01 (BEAT, expected: -$0.54)</li><li>Revenue: Not specified</li></ul></li><li><p>Block Inc (SQ) Q3 2023: BEAT</p><ul><li>EPS: $0.55 (BEAT, expected: $0.47)</li><li>Revenue: $5.62 billion (BEAT, expected: $5.44 billion)</li></ul></li><li><p>Live Nation Entertainment Inc (LYV) Q3 2023: BEAT</p><ul><li>EPS: $1.78 (BEAT, expected: $1.27)</li><li>Revenue: $8.2 billion (BEAT, expected: $6.99 billion)</li></ul></li><li><p>Expedia Group Inc (EXPE) Q3 2023:BEAT</p><ul><li>Adj. EPS: $5.41 (BEAT, expected: $4.93)</li><li>Revenue: $3.929 billion (BEAT, expected: $3.86 billion)</li><li>Reiterated FY guidance and announced a $5 billion buyback.</li></ul></li><li><p>Paramount Global (PARA) Q3 2023: BEAT</p><ul><li>Adj. EPS: $0.30 (BEAT, expected: $0.10)</li><li>Revenue: $7.13 billion (BEAT, expected: $7.1 billion)</li></ul></li><li><p>Booking Holdings Inc (BKNG) Q3 2023: BEAT</p><ul><li>Adj. EPS: $72.32 (BEAT, expected: $67.61)</li><li>Revenue: $7.30 billion (BEAT, expected: $7.26 billion)</li></ul></li></ul><p>Please note that "BEAT" indicates earnings exceeded expectations, "MISS" indicates earnings fell short of expectations, and "MEET" indicates earnings met expectations.</p>
This article was written by Greg Michalowski at www.forexlive.com.
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