US jury says Apple must pay Masimo $634 million in smartwatch patent case
Pre-Open Stock Movers:
Livent Corporation (NYSE:LTHM) 26% HIGHER; reported Q1 EPS of $0.28, $0.15 better than the analyst estimate of $0.13. Revenue for the quarter came in at $143.5 million versus the consensus estimate of $139.65 million. Livent Corporation sees Q2 2022 revenue of $755-855 million, versus the consensus of $575.6 million.
Tupperware (NYSE:TUP) Brands (TUP) 30% LOWER; reported Q1 EPS of $0.12, $0.40 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $348.1 million versus the consensus estimate of $356.8 million. The company also withdrew its guidance.
Lyft (NASDAQ:LYFT) 27% LOWER; reported Q1 EPS of ($0.57), $0.50 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $875.6 million versus the consensus estimate of $846 million. Sees Q2 Rev. of $950M to $1B vs $1.02B Consensus
Infinera (NASDAQ:INFN) 13% LOWER; reported Q1 EPS of ($0.07), $0.03 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $338.9 million versus the consensus estimate of $361.74 million. Infinera sees Q2 2022 revenue of $330-370 million, versus the consensus of $380 million.
Akamai Technologies (NASDAQ:AKAM) 11% LOWER; reported Q1 EPS of $1.39, $0.03 worse than the analyst estimate of $1.42. Revenue for the quarter came in at $904 million versus the consensus estimate of $903.88 million.
CarParts.com (PRTS) 10% HIGHER; reported Q1 EPS of $0.04, $0.10 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $166.1 million versus the consensus estimate of $162.08 million.
Herbalife Nutrition (NYSE:HLF) 9% LOWER; reported Q1 EPS of $0.99, $0.09 better than the analyst estimate of $0.90. Revenue for the quarter came in at $1.34 billion, versus $1.39 billion reported last year. Herbalife Nutrition sees Q2 2022 EPS of $0.60-$0.80. Herbalife Nutrition sees FY2022 EPS of $3.50-$4.00.
Wingstop (NASDAQ:WING) (WING) 9% LOWER; reported Q1 EPS of $0.34, $0.06 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $76.2 million versus the consensus estimate of $85.59 million. Wingstop sees FY2022 EPS of $1.55-$1.57, versus the consensus of $1.54.
Paycom Software (NYSE:PAYC) 8% HIGHER; reported Q1 EPS of $1.90, $0.15 better than the analyst estimate of $1.75. Revenue for the quarter came in at $354 million versus the consensus estimate of $343.14 million. Paycom Software sees Q2 2022 revenue of $308-310 million, versus the consensus of $300.89 million. Paycom Software sees FY2022 revenue of $1.3-1.335 billion, versus the consensus of $1.32 billion.
Uber Technologies, Inc. (NYSE:UBER) 8% LOWER; reported Q1 EPS of ($3.04), versus ($0.06) reported last year. Revenue for the quarter came in at $6.85 billion versus the consensus estimate of $6.13 billion.
The Andersons (NASDAQ:ANDE) 8% LOWER; reported Q1 EPS of $0.18, $0.33 worse than the analyst estimate of $0.51. Revenue for the quarter came in at $3.98 billion versus the consensus estimate of $2.75 billion.
Advanced Micro Devices, Inc. (NASDAQ:AMD) 7% HIGHER; reported Q1 EPS of $1.13, $0.22 better than the analyst estimate of $0.91. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.52 billion. Advanced Micro Devices, Inc. sees Q2 2022 revenue of $6.3-$6.7 billion, versus the consensus of $6.38 billion.
Masimo Corp . (NASDAQ:MASI) 7% LOWER; reported Q1 EPS of $0.93, $0.09 worse than the analyst estimate of $1.02. Revenue for the quarter came in at $304 million versus the consensus estimate of $329.74 million. Masimo Corp. sees FY2022 EPS of $4.46-$4.73, versus the consensus of $4.70. Masimo Corp. sees FY2022 revenue of $2-2.06 billion, versus the consensus of $1.84 billion.
Match Group (NASDAQ:MTCH) 5% LOWER; reported Q1 EPS of $0.60, $0.07 better than the analyst estimate of $0.53. Revenue for the quarter came in at $799 million versus the consensus estimate of $796.54 million. Match Group sees Q2 2022 revenue of $800-810 million, versus the consensus of $835.2 million.
Starbucks (NASDAQ:SBUX) 5% HIGHER; reported Q2 EPS of $0.59, in-line with the consensus of $0.59. Revenue for the quarter came in at $7.64 billion versus the consensus estimate of $7.63 billion. Q2 Comparable Store Sales Up 7% Globally; Up 12% in the U.S. and Double Digits Internationally, ex-China
Airbnb (NASDAQ:ABNB) 4% HIGHER; reported Q1 EPS of ($0.03), $0.25 better than the analyst estimate of ($0.28). Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.45 billion. Airbnb sees Q2 2022 revenue of $2.03-2.13 billion, versus the consensus of $1.97 billion.
Moderna (NASDAQ:MRNA) (MRNA) 4% HIGHER; reported Q1 EPS of $8.58, $3.37 better than the analyst estimate of $5.21. Revenue for the quarter came in at $6.1 billion versus the consensus estimate of $4.62 billion.
Which stock should you buy in your very next trade?
AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI.
Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%).
Which stock will be the next to soar?
