Here are the 5 biggest winners and losers of corporate earnings season

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Aug 24, 2019, 17:38 IST

Winner #5: Lyft

Winner #5: Lyft

Ticker: LYFT

Single-day stock move: 8%

Key numbers from Lyft's second-quarter earnings report:

  • Revenue: $867 million, compared to $809 million expected by analysts
  • Earnings per share: (-0.68%), compared to (-$1.74) predicted by analysts
  • Guidance: $3.47 billion in revenue for 2019
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Winner #4: Lowe's

Winner #4: Lowe's

Ticker: LOW

Single-day stock move: 13%

Key numbers from Lowe's second-quarter earnings report:

  • Revenue: $20.99 billion versus $20.96 billion expected by analysts
  • Earnings per share: $2.15 compared to $2.013 predicted by analysts
  • Net income: $1.70 billion versus $1.58 billion estimated by analysts
  • Same-store sales: Increased 2.3% from the same period last year
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Winner #3: Target

Winner #3: Target

Ticker: TGT

Single-day stock move: 18%

Key numbers from Target's second-quarter earnings:

  • Revenue: $18.42 billion versus $18.25 billion expected by analysts.
  • Earnings per share: $1.82 compared with $1.62 estimated by analysts.
  • Profit: $1.32 billion, up 17% from the same period last year.
  • Same-store sales: up 3.4% from last year.

Winner #2: Match Group

Winner #2: Match Group

Ticker: MTCH

Single-day stock move: 20%

Key numbers from Match Group's second-quarter earnings:

  • Revenue: $498.0 million, versus the $489.2 million estimate
  • Earnings per share: $0.430, versus the $0.405 estimate
  • Average Tinder subscribers: 5.2 million, up 37% year-over-year
  • Average revenue per user: $0.58, up 1.8% year-over-year
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Winner #1: Roku

Winner #1: Roku

Ticker: ROKU

Single-day stock move: 22%

Key numbers from Roku's second-quarter earnings:

  • Revenue: $250.1 million, compared to $224.46 million expected by analysts
  • Earnings per share: -$0.08, compared to -$0.21 expected by analysts
  • Average revenue per user: $21.06, up $2.00 from the first quarter
  • Net income: -$9.33 million, compared to -$23.6 million expected by analysts

Loser #5: Uber

Loser #5: Uber

Ticker: UBER

Single-day stock move: (-12%)

Key numbers from Uber's second-quarter earnings report:

  • Revenue: $2.87 billion versus $3.05 billion expected
  • Earnings per share (GAAP): $-4.72 versus $-3.23 expected
  • Net loss: $5.24 billion, in-line with estimates
  • Gross bookings: $15.76 billion
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Loser #4: Square

Loser #4: Square

Ticker: SQ

Single-day stock move: (-15%)

Key numbers from Square's second-quarter earnings report:

  • Earnings: $0.210 versus the $0.163 estimate
  • Revenue: $562.8 million, versus the $557.8 million estimate
  • Gross payment volume: $26.8 million, versus the $26.9 million estimate
  • 3Q revenue forecast: $590 million to $600 million, versus the $599.5 million estimate

Loser #3: Beyond Meat

Loser #3: Beyond Meat

Ticker: BYND

Single-day stock move: (-17%)

Key numbers from Beyond Meat's second-quarter earnings report:

  • Earnings per share: loss of $0.24 per share reported versus loss of $0.08 per share (expected)
  • Revenue: $67.3 million reported versus $50.7 million (expected)
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Loser #2: Macy's

Loser #2: Macy's

Ticker: M

Single-day stock move: (-18%)

Key numbers from Macy's second-quarter earnings report:

  • Adjusted earnings per share: $0.28, versus the $0.45 estimate
  • Revenue: $5.55 billion, versus the $5.56 billion estimate
  • 2019 adjusted earnings per share guidance: $2.85 to $3.05, versus the previous expectation of $3.05 to $3.25

Loser #1: Fitbit

Loser #1: Fitbit

Ticker: FIT

Single-day stock move: (-20%)

Key numbers from Fitbit's second-quarter earnings report:

  • Revenue: $314 million, compared to $312 million expected by analysts
  • Earnings per share: (-$0.14), versus (-$0.18) predicted by analysts
  • Revenue guidance: Lowered midpoint of 2019 revenue outlook to $1.455 billion from $1.55 billion
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