AMD
AMD 4Q2023 expected EPS is 77c on $6.1 bn revenue and 51.5% gross margin. Stock price reaction will be dependent upon guidance of Cloud/AI guidance. I think AMD is speculative buy, but am cautious on valuation and buying near the top.
GOOG
A positive 1/30/2024 earnings release cold increase 2024 estimates by 5% & expand the EPS multiple, implying up to 10% to 12% upside.
MSFT
MSFT has rallied the most, and appears priced to perfection, with only slow and steady appreciation on execution from here, unless there is a significant increase in estimates.
Ted Broomfield, January 29, 2024 Summary. Goldilocks scenario manifested last week, lower than expected PCE inflation at 2.6% annually versus 2.8% expected, with 0.2% annually. Initial GDP 4Q2023 was 3.3% versus 1.8-2.2 expected. GE Beat; MSFT Beat, INTC Beat & gave a disappointing outlook,
Ted Broomfield, January 22, 2024 Summary. It is easy to see why equity markets may be volatile. S&P Earnings forecasts for 4Q2023 and 1Q2024 have been coming down in recent weeks, and multiples are up. Good news reports on bellwethers are not propelling individual names higher. Although banking
Ted Broomfield, January 21, 2024 TSLA is expected to report earnings on January 24, 2024. Yahoo consensus expectations are $0.74 on $25.6 bn revenue, versus $1.07 on $24.3 bn from the prior year. TSLA has already announced 484,507 deliveries for the quarter, and 1,808,
MSFT
Ted Broomfield, January 22, 2024 On January 30, 2024, I expect that MSFT will exceed Yahoo consensus earnings forecasts of $2.78 EPS on $61.1 bn revenue versus $2.22 EPS on $52.7 bn revenue, representing year over year growth of 25%, and 16%, respectively. MSFT stock broke
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Ted Broomfield, January 19, 2024 Summary BFH is expected to release 4Q2023 earnings on January 25, 2024, as follows. BFH stock price has declined significantly since BFH reported 3Q2023 earnings. 3Q2023 earnings were positive, showing revenue and earnings growth, but, with a slight increase in loss provision. BFH gave cautious
Ted Broomfield, January 19, 2024 Summary According to Zack's, for 4Q2023, on January 23, 2024, GE is expected to report quarterly earnings of $0.90 per share, down 27.4% year over year, and revenues of $17.77 billion, down 18.5% year over year, but up sequentially
Ted Broomfield, January 15, 2024 Summary. Equities remain volatile. Investors are skeptical, but, stock prices keep rising. MSFT overtakes APPL as the most valuable company. The SEC approved BTC spot ETFs in the classic, buy the rumor, sell the news, on redemptions and calls. High S&P 500 multiples
Ted Broomfield, 1/11/2024 Home manufacturer, KBH beat earnings and revenue expectations, guided to an implied EPS of $7.43 EPS to $7.88 EPS on a very bullish tone, as compared to Yahoo estimates of $7.20 for FY 2024. But, the average selling price drop of 4.
Expect $3.46 EPS for 4Q2023 on $39.8 bn revenue, with news on B3E, 1St Republic and 2024 outlook.
Home manufacturer, KBH could have a positive earnings call on 1/10/2024.
Macro Investing is bullish on equities in 2024. This week features Cons., MBA, and CPI, along with KBH earnings.
Ted Broomfield, 1/8/2024 The leading semiconductor manufacturer, TSM is scheduled to report earnings after the close on January 18, 2024. TSM is expected to earn about $1.36 EPS on $19.2 bn revenue, at the midpoint of guidance, and generate between 53% and 55% gross margin. TSM
Ted Broomfield, January 2, 2024 Summary. Looking forward to 2024, I expect to see a sell off in the first week or two, with a sustained rally on earnings, and ultimately equity indices 10% to 15% higher than the lows of January 2024. Generally, the macro data has been strong.
Ted Broomfield, December 26, 2023 Summary. Economic Goldilocks scenario continues. Last week, housing starts increased by a surprising 20mm [existing were very slightly above expectations], consumer confidence was an unexpected 110, vs. 101 expected, initial jobless was 205,000, 10,000 lower than expected, durable orders were a surprise +5.
Ted Broomfield, December 19, 2023 Building Permits In November 2023, approximately 1.46 mm building permits were issued, 2.5% below the October 2023 figure of 1.498 mm, but 4.1% above the November 2022 figure of 1.40 mm. Housing Starts In November 2023, approximately 1,56 mm,
Ted Broomfield, December 18, 2023 Summary. Interest rate optimism driven by CPI of 0.1% m/m & 3.1% year over year combined with the Federal Reserve’s projection of three interest rate cuts in 2024, propelled further equity and debt rally. The CME FedWatch Tool predicts 57.6%