Facebook's stock is up 27 percent since the start of the year, while Snap's is up 71 percent
While 2018 was touch on the tech industry in general, it was a record setting year for venture capital, one that finally saw a resurgence in the IPO market as well, after years of down years. It's likely that 2019 will be another strong year, with a slew of big name tech companies that have either already filed, or are planning to go public, this year.
What better way to gauge the prospects for companies about to enter the market than to look at how those already there are performing? Despite taking a beating in the press over the last year and change, the majority of tech stocks are still going strong, beating expectations and seeing their stocks rise in the process.
Here's now the major tech companies performed in their Q4 earnings:
- Earnings Date: 1/29/2019
- Revenue: $84.3 billion
- Expected Revenue: $83.97 billion
- EPS: $4.18
- Expected EPS: $4.17
- P/E Ratio: 14.03
- Stock Since Earnings: $154.68 (end of day trading 1/29) to $170.94 (end of day trading 2/14), up 10.5 percent
- Stock Since Start of Year: Up 10.4 percent percent from $154.89
- Earnings Date: 2/4/2019
- Revenue: $39.28 billion
- Expected Revenue: $38.93 billion
- EPS: $12.77
- Expected EPS: $10.82
- P/E Ratio: 25.72
- Stock since earnings: $1,132.80 (end of day trading 2/4) to $1,121.97 (end of day trading 2/14), down 1 percent
- Stock Since Start of Year: Up 10.4 percent from $1,016.57
- Earnings Date: 1/30/2019
- Revenue: $32.47 billion
- Expected Revenue: $32.51 billion
- EPS: $1.10
- Expected EPS: $1.09
- P/E Ratio: 24.72
- Stock since earnings: $106.38 (end of day trading 1/30) to $107.09 (end of day trading 2/14), up 0.7 percent
- Stock Since Start of Year: Up 7.6 percent from $99.55
- Earnings Date: 1/31/2019
- Revenue: $16.91 billion
- Expected Revenue: $16.39 billion
- EPS: $2.38
- Expected EPS: $2.19
- P/E Ratio: 21.69
- Stock since earnings: $166.69 (end of day trading 1/31) to $164.17 (end of day trading 2/14), down 1.5 percent
- Stock Since Start of Year: Up 27.3 percent from $128.99
- Earnings Date: 2/7/2019
- Revenue: $909 million
- Expected Revenue: $868.1 million
- EPS: $0.31
- Expected EPS: $0.25
- P/E Ratio: 20.01
- Stock since earnings: $30.80 (end of day trading 2/7) to $30.94 (end of day trading 2/14), up 0.5 percent
- Stock Since Start of Year: Up 9.5 percent from $28.26
- Earnings Date: 2/6/2019
- Revenue: €1,495 million
- Expected Revenue: €1,495 million
- EPS: $0.36
- Expected EPS: -$0.22
- P/E Ratio: NE
- Stock since earnings: $135.45 (end of day trading 2/6) to $147.10 (end of day trading 2/14), up 8.6 percent
- Stock Since Start of Year: Up 31.7 percent from $111.66
- Earnings Date: 1/31/2019
- Revenue: $72.4 billion
- Expected Revenue: $71.9 billion
- EPS: $$6.04
- Expected EPS: $5.68
- P/E Ratio: 81.03
- Stock since earnings: $1,718.73 (end of day trading 1/31) to $1,622.01 (end of day trading 2/14), down 5.6 percent
- Stock Since Start of Year: Up 10.7 percent from $1,465.2
- Earnings Date: 2/7/2019
- Revenue: $288 million
- Expected Revenue: $290.7 million
- EPS: $0.18
- Expected EPS: $0.28
- P/E Ratio: 96.24
- Stock since earnings: $82.27 (end of day trading 2/7) to $82.72 (end of day trading 2/14), up 0.5 percent
- Stock Since Start of Year: Up 10.7 percent from $74.72
- Earnings Date: 2/5/19
- Revenue: $390 million
- Expected Revenue: $378 million
- EPS: ($0.04)
- Expected EPS: ($0.07)
- P/E Ratio: NE
- Stock since earnings: $7.04 (end of day trading 2/5) to $9.22 (end of day trading 2/14), up 31 percent percent
- Stock Since Start of Year: Up 71 percent from $5.38
- Earnings Date: 2/14/19
- Revenue: $124.1 million
- Expected Revenue: $117.02 million
- EPS: ($0.14)
- P/E Ratio: NM
- Stock since earnings: $18.33 (end of day trading 2/14) to $19.57 (after hours trading 2/14), up 6.76 percent
- Stock Since Going Public: Up 32 percent from $14.01
(Image source: medicine.llu.edu)
Steven Loeb
