For Immediate Release
Chicago, IL – Feb 1, 2018 – 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 Facebook (NASDAQ:FB) , Microsoft (NYSE:T) , Qualcomm (NASDAQ:QCOM) , Paypal (NASDAQ:PYPL) and AT&T (NYSE:T) .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Wednesday’s Analyst Blog:
Truckload of Q4 Earnings: FB, MSFT, QCOM & More
Plenty of earnings reports hit the tape after the market closed Wednesday. Let's get everyone up to speed on the results, and see how the stocks are trading in the after-market:
Facebook posted a typically strong quarter for its Q4 2017, with $2.21 per share and $12.98 billion in revenues not only beating the respective Zacks consensus estimates of $1.96 per share and $12.58 billion but also posting 50% growth year over year on the top line and even a bigger percentage on the bottom.
The social media colossus posted 14% growth in both Daily Active Users (DAU, 1.40 billion) and Monthly Active Users (MAU, 2.13 billion), with Mobile Ad Revenue now making up 89% of total ad revenue for the company. This is a 5% jump from the year-ago total. Yet shares were trading down in the after-market today, roughly 4.8% and sinking. For more on FB's earnings, click here.
Microsoft also topped expectations on both top- and bottom-lines this afternoon, with 96 cents per share beating the 86 cents in the Zacks consensus, and $28.9 billion in quarterly sales outpacing the $28.35 billion expected. These are up significantly from year-ago levels, and Microsoft is another company that routinely beats earnings estimates. Shares were also trading down on the news, near -2%. For more on MSFT's earnings, click here.
Qualcomm put up an 8-cent beat to 98 cents per share, with $6.1 billion in revenues beating the $5.95 billion expected and swinging to growth year over year. This marks the fourth straight earnings beat for Qualcomm, even though earnings are actually negative year over year. After-hours activity was only slightly to the negative -- only about a quarter of a percentage point. For more on QCOM's earnings, click here.
Paypal also outperformed expectations for earnings and revenues -- 55 cents per share and $3.74 billion compared favorably to the 52 cents and $3.63 billion Zacks consensus -- as well as posted big growth numbers year over year. Yet guidance was below analyst estimates for both its top- and bottom-lines; as a result, we saw PayPal shares selling off 3.9% in late trading Wednesday. For more on PYPL's earnings, click here.
Finally AT&T put out its impressive earnings and revenue beats this afternoon, with 78 cents per share easily surpassing the 65 cents expected (and also swinging from a negative growth estimate year over year to a positive one) on $41.7 billion in revenues that beat our estimated $41.2 billion. Full-year earnings was estimated at $3.50 per share, and the company reported strong quarterly cash flow. Shares were up 2.8% in the after-market. For more on T's earnings, click here.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
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Facebook, Inc. (FB): Free Stock Analysis Report
PayPal Holdings, Inc. (PYPL): Free Stock Analysis Report
QUALCOMM Incorporated (QCOM): Free Stock Analysis Report
AT&T Inc. (T): Free Stock Analysis Report
Microsoft Corporation (NASDAQ:MSFT): Free Stock Analysis Report
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