Q3 earnings: How Alphabet, Apple, Facebook and other tech giants fared
Who were the winners and losers and which ones rose
2017 has been a strong year for the markets. The Nasdaq reached a historic high of 6,585.36 in October, and is currently up over 25 percent year-to-date. The Dow Jones Industrial Average, meanwhile, recorded record highs nine days in a row over the summer, and is up nearly 19 percent year-to-date.
Perhaps it's not surprising, then, that many tech stocks have seen their shares rise this year as well. That's not to say that things have been totally smooth sailing: there was a big dip in the number of tech stocks in Q3, thanks to some underperforming IPOs.
Of course, whether it's an up or down market, what matters most is how each company is performing. With the second-quarter earnings season wrapping up, let's take a look at which came out on top, and which ones got shellacked.
- Earnings Date: 11/2/2017
- Revenue: $52.6 billion (up 12 percent y/y)
- Expected Revenue: $50.7 billion
- EPS: $2.07
- Expected EPS: $1.87
- Expected 2018 Revenue: $265.61 billion
- Market Cap Adjustment This Year: up $281.87 billion ($610.42 billion to $892.29 billion)
- Stock Since Earnings: $168.11 (end of day trading 7/24) to $175.88 (end of day trading 11/9), up 4.6 percent
- Stock Since Start of Year: Up 51.86 percent
- Earnings Date: 10/26/2017
- Revenue: $27.77 billion (Up 24 percent y/y)
- Expected Revenue: $27.2 billion
- EPS: $9.57
- Expected EPS: $8.33
- Expected 2018 Revenue: $128.28 billion
- Market Cap Adjustment This Year: up $167.57 billion ($543.45 billion to $711.02 billion)
- Stock since earnings: $972.56 (end of day trading 10/26) to $1,031.26 (end of day trading 11/9), up 6 percent
- Stock Since Start of Year: up 33.61 percent
- Earnings Date: 10/26/2017
- Revenue: $24.54 billion (up 12 percent y/y)
- Expected Revenue: $23.56 billion
- EPS: $0.84
- Expected EPS: $0.72
- Expected 2018 Revenue: $104.55 billion
- Market Cap Adjustment This Year: up $160.97 billion ($483.74 billion to $644.71 billion)
- Stock since earnings: $78.76 (end of day trading 10/26) to $84.09(end of day trading 11/9), up 6.8 percent
- Stock Since Start of Year: Up 35.32 percent
- Earnings Date: 11/1/2017
- Revenue: $10.3 billion (up 49 percent y/y)
- Expected Revenue: $9.84 billion
- EPS: $1.59
- Expected EPS: $1.28
- Expected 2018 Revenue: $51.04 billion
- Market Cap Adjustment This Year: up $179.1 billion ($337.96 billion to $517.06 billion)
- Stock since earnings: $182.66 (end of day trading 11/1) to $179.30 (end of day trading 11/9), down 1.8 percent
- Stock Since Start of Year: up 55.85 percent
- Earnings Date: 10/26/2017
- Revenue: $590 million (down 4 percent y/y)
- Expected Revenue: $586.7 million
- EPS: $0.10
- Expected EPS: $0.06
- Expected 2018 Revenue: $2.53 billion
- Market Cap Adjustment This Year: up $2.61 billion ($11.86 billion to $14.47 billion)
- Stock since earnings: $20.31 (end of day trading 10/26) to $19.90 (end of day trading 11/9), down 2 percent
- Stock Since Start of Year: Up 22.09 percent
- Earnings Date: 11/1/2017
- Revenue: $634.5 (down 8 percent y/y)
- Expected Revenue: $643 million
- EPS: $0.01
- Expected EPS: Break Even
- Expected 2018 Revenue: $2.93 billion
- Market Cap Adjustment This Year: up $1.13 billion ($1.98 billion to $3.11 billion)
- Stock since earnings: $5.12 (end of day trading 11/1) to $5.61 (end of day trading 11/9), up 9.6 percent
- Stock Since Start of Year: Up 68.98 percent
- Earnings Date: 11/8/2017
- Revenue: $257 million (up 33 percent y/y)
- Expected Revenue: $244.9 million
- EPS: $0.07
- Expected EPS: $0.05
- Expected 2018 Revenue: $1.18 billion
- Market Cap Adjustment This Year: up $9.26 billion ($5.03 billion to $14.29 billion)
- Stock since earnings: $36.71 (end of day trading 11/8) to $37.96 (end of day trading 11/9), up 3.4 percent
- Stock Since Start of Year: Up 178.5 percent
- Earnings Date: 11/7/2017
- Revenue: $392.5 million (down 22 percent y/y)
- Expected Revenue: $390.9 million
- EPS: ($0.01)
- Expected EPS: ($0.3)
- Expected 2018 Revenue: $1.74 billion
- Market Cap Adjustment This Year: down $400 million ($1.79 billion to $1.39 billion)
- Stock since earnings: $6.07 (end of day trading 11/7) to $5.81 (end of day trading 11/9), down 4.3 percent
- Stock Since Start of Year: Down 20.63 percent
- Earnings Date: 11/1/2017
- Revenue: $222 million (up 19 percent)
- Expected Revenue: $221 million
- EPS: $0.09
- Expected EPS: ($0.02)
- Expected 2018 Revenue: $1.01 billion
- Market Cap Adjustment This Year: down $700 million ($3.07 billion to $3.77 billion)
- Stock since earnings: $46.03 (end of day trading 11/1) to $45.55 (end of day trading 11/9), down 1 percent
- Stock Since Start of Year: Up 19.46 percent
- Earnings Date: 10/25/2017
- Revenue: $ $163.1 million (up 32 percent)
- Expected Revenue: $159.7 million
- EPS: $0.15
- Expected EPS: $0.24
- Expected 2018 Revenue: $832.68 million
- Market Cap Adjustment This Year: up $2.13 billion ($3.18 billion to $5.31 billion)
- Stock since earnings: $57.79 (end of day trading 10/25) to $61.64 (end of day trading 11/9), up 6.7percent
- Stock Since Start of Year: Up 63.85 percent
- Earnings Date: 11/2/2017
- Revenue: $106.4 million (up 21.5 percent)
- Expected Revenue: $105 million
- EPS: $0.21
- Expected EPS: $0.05
- Expected 2018 Revenue: $515.8 million
- Market Cap Adjustment This Year: up $560 million ($1.39 billion to $1.95 billion)
- Stock since earnings: $16.05 (end of day trading 11/2) to $16.51 (end of day trading 11/9), up 2.9 percent
- Stock Since Start of Year: Up 40.15 percent
- Earnings Date: 11/7/17
- Revenue: $207.9 million
- Expected Revenue: $236.9 million
- EPS: ($0.14)
- Expected EPS: ($0.15)
- Expected 2018 Revenue: $1.58 billion
- Market Cap Adjustment This Year: down $13.49 billion ($28.33 billion to $14.84 billion)
- Stock since earnings: $15.12 (end of day trading 11/7) to $12.38 ( after hours trading 11/9), down 18 percent
- Stock Since Start of Year: Down 49 percent
- Earnings Date: 11/2/2017
- Revenue: $210.6 million
- Expected Revenue: $191.5 million
- EPS: ($0.47)
- Expected EPS: ($0.42)
- Expected 2018 Revenue: $27.41 million
- Market Cap Adjustment This Year: down $1.313 billion ($1.9 billion to $587.53 million)
- Stock Since Earnings: $3.8 (end of day trading 7/24) to $3.09 (end of day trading 11/9), down 18.6 percent
- Stock Since Start of year: Down 69 percent
- Earnings Date: 11/7/2017
- Revenue: $281.8 million (up 25 percent y/y)
- Expected Revenue: $276.8 million
- EPS: $0.19
- Expected EPS: $0.17
- Expected 2018 Revenue: $1.29 billion
- Market Cap Adjustment This Year: up $760 million ($6.79 billion to $7.55 billion)
- Stock Since Earnings: $39.97 (end of day trading 11/7) to $40.37 (end of day trading 11/9), up 1 percent
- Stock Since Start of year: Up 10.72 percent
(Image source: kiplinger.com)