Facebook, Google and Twitter all over performed during the first three months of this year
Toward the end of the the first quarter of 2018, the tech world was shaken by the Cambridge Analytics scandal, which suddenly shone a harsh light on how major companies like Twitter, Google and, especially, Facebook were handling their data. There has been major talk of regulation and of the government taking action.
Despite the fact that those companies began addressing the issues publicly on their Q1 earnings calls, it's unlikely that it had any meaningful impact on their numbers for the quarter.
When looking at the numbers that the companies posted in the first three months of the year, and how their stocks have performed since, few of them have felt much pain from the scandal at all.
The true test will come in Q2, when whatever impact, if any, will be truly felt. For now, though, the tech world is still riding high.
Here's now the major tech companies performed in their Q1 earnings:
- Earnings Date: 5/1/2018
- Revenue: $61.1 billion
- Expected Revenue: $61 billion
- EPS: $2.73
- Expected EPS: $2.69
- P/R Ratio: 3.54
- P/E Ratio: 18
- Stock Since Earnings: $169.1 (end of day trading 5/1) to $187.4 (end of day trading 5/9), up 10.8 percent
- Stock Since Start of Year: Up 10.8 percent
- Earnings Date: 4/23/2018
- Revenue: $$31.15 billion
- Expected Revenue: $24.75 billion
- EPS: $13.33
- Expected EPS: $9.30
- P/R Ratio: 6.68
- P/E Ratio: 46.3
- Stock since earnings: $1,073.81 (end of day trading 4/23) to $1,090 (end of day trading 5/9), up 1.5 percent
- Stock Since Start of Year: up 3.47 percent
- Earnings Date: 4/26/2018
- Revenue: $26.82 billion
- Expected Revenue: $25.77 billion
- EPS: $0.95
- Expected EPS: $0.85
- P/R Ratio: 6.04
- P/E Ratio: 65.4
- Stock since earnings: $94.26 (end of day trading 4/26) to $96.94 (end of day trading 5/9), up 2.8 percent
- Stock Since Start of Year: Up 13.33 percent
- Earnings Date: 4/26/2018
- Revenue: $11.97 billion
- Expected Revenue: $11.4 billion
- EPS: $1.69
- Expected EPS: $1.35
- P/R Ratio: 12.83
- P/E Ratio: 30.3
- Stock since earnings: $174.16 (end of day trading 4/26) to $182.43 (end of day trading 5/9), down 1.8 percent
- Stock Since Start of Year: up 4.7 percent
- Earnings Date: 4/26/2018
- Revenue: $655 million
- Expected Revenue: $608 million
- EPS: $0.16
- Expected EPS: $0.12
- P/R Ratio: 7.2
- P/E Ratio: 1,626
- Stock since earnings: $30.27 (end of day trading 4/26) to $32.49 (end of day trading 5/9), up 7.3 percent
- Stock Since Start of Year: Up 35.34 percent
- Earnings Date: 5/9/2018
- Revenue: $626.5
- Expected Revenue: $603.8 million
- EPS: $0.03
- Expected EPS: Flat
- P/R Ratio: 1.02
- P/E Ratio: 167.4
- Stock since earnings: $4.84 (end of day trading 5/8) to $4.91 (end of day trading 5/9), up 9.6 percent
- Stock Since Start of Year: Up 1.4 percent
- Earnings Date: 5/2/2018
- Revenue: $307 million
- Expected Revenue: $292.86 million
- EPS: $0.06
- Expected EPS: $0.06
- P/R Ratio: 5.94
- P/E Ratio: NM
- Stock since earnings: $48.66 (end of day trading 5/2) to $54.19 (end of day trading 5/9), up 3.4 percent
- Stock Since Start of Year: Up 11.3 percent
- Earnings Date: 5/2/2018
- Revenue: $247.87 million
- Expected Revenue: $246.08 million
- EPS: ($0.17)
- Expected EPS: ($0.20)
- P/R Ratio: 0.81
- P/E Ratio: NM
- Stock since earnings: $5.50 (end of day trading 5/2) to $5.81 (end of day trading 5/9), down 4.3 percent
- Stock Since Start of Year: Down 2.4 percent
- Earnings Date: 4/26/2018
- Revenue: $51.04 billion
- Expected Revenue: $49.78 billion
- EPS: $3.27
- Expected EPS: $1.26
- P/R Ratio: 3.24
- P/E Ratio: 202.1
- Stock since earnings: $1517.96 (end of day trading 4/26) to $1,607.22 (end of day trading 5/9), up 6 percent
- Stock Since Start of Year: Up 37.43 percent
- Earnings Date: 5/1/2018
- Revenue: $232.6 million
- Expected Revenue: $228 million
- EPS: $0.52
- Expected EPS: $0.16
- P/R Ratio: 9.27
- P/E Ratio: 92.4
- Stock since earnings: $92.65 (end of day trading 10/25) to $103.45 (end of day trading 5/9), up 6.7 percent
- Stock Since Start of Year: Up 11.7 percent
- Earnings Date: 5/1/18
- Revenue: $230.7 million
- Expected Revenue: $244.5 million
- EPS: ($0.17)
- Expected EPS: ($0.17)
- P/R Ratio: 20.65
- P/E Ratio: NM
- Stock since earnings: $14.13 (end of day trading 5/1) to $11.01 (end of day trading 5/9), down 22 percent
- Stock Since Start of Year: Down 24.64 percent
- Earnings Date: 5/10/18
- Revenue: $$316.3 million
- Expected Revenue: $309.2 million
- EPS: $0.08
- Expected EPS: $0.05
- P/E Ratio: NM
- Stock since earnings: $32 (end of day trading 5/10) to $29.96 (end of day trading 5/14), down 6.4 percent
- Stock Since Going Public: Up 7.9 percent
(Image source: hec.edu)
Steven Loeb
