Read through from $Stratasys (SSYS.US)$ topline growth, 3D Printing seemed to enjoy strong recovery growth post reopening! $3D Systems (DDD.US)$ next week earnings should be exciting coupled with cost savings from divestitures of non-core assets.
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$Opendoor Technologies (OPEN.US)$ Squeeze the short!! Next week earnings should be a great one!
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$Tesla (TSLA.US)$ (Bloomberg) --Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet, according to people with knowledge of the matter.
It’s the single-largest purchase ever for electric vehicles and represents about $4.2 billion of revenue for Tesla Inc., according to the people, who asked not to be identified because the information is private. While car-rental companies typically demand big discounts from automakers, the size of the order implies that Hertz is paying close to list prices.
It’s the single-largest purchase ever for electric vehicles and represents about $4.2 billion of revenue for Tesla Inc., according to the people, who asked not to be identified because the information is private. While car-rental companies typically demand big discounts from automakers, the size of the order implies that Hertz is paying close to list prices.
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$Opendoor Technologies (OPEN.US)$ clear cut beneficiary from $Zillow-C (Z.US)$ paused in its operations.... 3Q should beat and 4Q definitely to be strong thanks to underlying demand
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$Disney (DIS.US)$
THIRD QUARTER RESULTS
Disney+ subscribers 116.0 million, estimate 113.1 million (Bloomberg Consensus)
Adjusted EPS 80c, estimate 55c (range 28c to $1.05)
Revenue $17.02 billion, estimate $16.80 billion (range $15.48 billion to $17.48 billion)
Media and entertainment distribution revenue $12.68 billion, estimate $12.90 billion
Parks, experiences and products revenue $4.34 billion, estimate $4.05 billion
Total segment operating income $17.02 billion
Media and entertainment distribution operating income $2.03 billion, estimate $2.02 billion...
THIRD QUARTER RESULTS
Disney+ subscribers 116.0 million, estimate 113.1 million (Bloomberg Consensus)
Adjusted EPS 80c, estimate 55c (range 28c to $1.05)
Revenue $17.02 billion, estimate $16.80 billion (range $15.48 billion to $17.48 billion)
Media and entertainment distribution revenue $12.68 billion, estimate $12.90 billion
Parks, experiences and products revenue $4.34 billion, estimate $4.05 billion
Total segment operating income $17.02 billion
Media and entertainment distribution operating income $2.03 billion, estimate $2.02 billion...
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$Opendoor Technologies (OPEN.US)$
THIRD QUARTER FORECAST
Sees revenue $1.8 billion to $1.9 billion, estimate $1.49 billion (range $1.20 billion to $1.71 billion) (Bloomberg Consensus)
Sees adjusted Ebitda $15 million to $25 million, estimate loss $19.3 million (range loss $13.6 million to $21.6 million)
SECOND QUARTER RESULTS
Loss per share 24c, estimate loss/share 35c (2 estimates)
Revenue $1.19 billion, estimate $1.08 billion (range $1.04 billion to $1.10 billion)
Homes sold 3,481
Adjusted Ebitda $26 million, estimate loss $0.93 million (range loss $4.76 million to profit $0.56 million)
Adjusted net $2.5 million, estimate loss $81.9 million (range loss $16.8 million to $196.0 million) (3 estimates)...
THIRD QUARTER FORECAST
Sees revenue $1.8 billion to $1.9 billion, estimate $1.49 billion (range $1.20 billion to $1.71 billion) (Bloomberg Consensus)
Sees adjusted Ebitda $15 million to $25 million, estimate loss $19.3 million (range loss $13.6 million to $21.6 million)
SECOND QUARTER RESULTS
Loss per share 24c, estimate loss/share 35c (2 estimates)
Revenue $1.19 billion, estimate $1.08 billion (range $1.04 billion to $1.10 billion)
Homes sold 3,481
Adjusted Ebitda $26 million, estimate loss $0.93 million (range loss $4.76 million to profit $0.56 million)
Adjusted net $2.5 million, estimate loss $81.9 million (range loss $16.8 million to $196.0 million) (3 estimates)...
$Palantir (PLTR.US)$
THIRD QUARTER FORECAST
Sees revenue $385 million, estimate $379.5 million (range $379.0 million to $380.0 million) (Bloomberg Consensus)
Sees adjusted operating margin 22%
YEAR FORECAST
Sees adjusted free cash flow above $300 million
SECOND QUARTER RESULTS
Revenue $375.6 million, estimate $360.3 million (range $360.0 million to $361.0 million)
Loss per share 7.0c
Adjusted EPS 4.0c, estimate 3.4c (range 3.0c to 4.7c)
Adjusted Ebitda $121.5 million
COMMENTARY AND CONTEXT
Sees Annual Rev. Growth of 30% or More for 2021-2025
Annual revenue growth of 30% or greater for 2021 through 2025
2Q Commercial customer count increased 32% quarter-over-quarter...
THIRD QUARTER FORECAST
Sees revenue $385 million, estimate $379.5 million (range $379.0 million to $380.0 million) (Bloomberg Consensus)
Sees adjusted operating margin 22%
YEAR FORECAST
Sees adjusted free cash flow above $300 million
SECOND QUARTER RESULTS
Revenue $375.6 million, estimate $360.3 million (range $360.0 million to $361.0 million)
Loss per share 7.0c
Adjusted EPS 4.0c, estimate 3.4c (range 3.0c to 4.7c)
Adjusted Ebitda $121.5 million
COMMENTARY AND CONTEXT
Sees Annual Rev. Growth of 30% or More for 2021-2025
Annual revenue growth of 30% or greater for 2021 through 2025
2Q Commercial customer count increased 32% quarter-over-quarter...
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$Southwest Airlines (LUV.US)$
Adjusted loss per share $1.72, estimate loss/share $1.85 (range loss/share $1.24 to $2.59) (Bloomberg Consensus)
Operating revenue $2.05 billion, estimate $2.06 billion (range $1.59 billion to $2.37 billion)
Passenger revenue $1.71 billion, estimate $1.75 billion
Freight revenue $43 million, estimate $38.1 million
Available seat miles 23.15 billion, estimate 23.33 billion
PRASM 7.40c, estimate 7c
Rev. passenger miles 14.88 billion, estimate 13.79 billion
Load factor 64.3%, estimate 60.6%
Sees Apr. load factor 75% to 80%
Sees April operating revenue down 40% to 45% from 2019 level
COMMENTARY AND CONTEXT
Sees May Operating Rev Down 35% to 40% From 2019
Sees May Load Factor 75% to 80%
Sees Improving Passenger Traffic and Fares
“While the pandemic is not over, we believe the worst is behind us, in terms of the severity of the negative impact on travel demand,” CEO Gary C. Kelly said
The company continues to see an an increase in bookings, with about 35% and 20% of anticipated bookings currently in place for June and July, respectively
Excluding special items, first quarter 2021 CASM increased 16.7%, year-over-year
The company said economic fuel costs per gallon were at $1.70 in the first quarter, vs. $1.90 a year earlier
The company sees 2Q economic fuel costs per gallon $1.85 to $1.95
The airline’s average cor...
Adjusted loss per share $1.72, estimate loss/share $1.85 (range loss/share $1.24 to $2.59) (Bloomberg Consensus)
Operating revenue $2.05 billion, estimate $2.06 billion (range $1.59 billion to $2.37 billion)
Passenger revenue $1.71 billion, estimate $1.75 billion
Freight revenue $43 million, estimate $38.1 million
Available seat miles 23.15 billion, estimate 23.33 billion
PRASM 7.40c, estimate 7c
Rev. passenger miles 14.88 billion, estimate 13.79 billion
Load factor 64.3%, estimate 60.6%
Sees Apr. load factor 75% to 80%
Sees April operating revenue down 40% to 45% from 2019 level
COMMENTARY AND CONTEXT
Sees May Operating Rev Down 35% to 40% From 2019
Sees May Load Factor 75% to 80%
Sees Improving Passenger Traffic and Fares
“While the pandemic is not over, we believe the worst is behind us, in terms of the severity of the negative impact on travel demand,” CEO Gary C. Kelly said
The company continues to see an an increase in bookings, with about 35% and 20% of anticipated bookings currently in place for June and July, respectively
Excluding special items, first quarter 2021 CASM increased 16.7%, year-over-year
The company said economic fuel costs per gallon were at $1.70 in the first quarter, vs. $1.90 a year earlier
The company sees 2Q economic fuel costs per gallon $1.85 to $1.95
The airline’s average cor...
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Jalex OP : @102858656 Just read on ssys briefings notes, mgmt guiding stronger Q4 as well. Hopefully investors will hold on the 3D printing stocks and not dumping them after the earnings released.