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Q2 earnings: tech stocks are still flying high

Despite worries over data usage scandals, most tech stocks still beat expectations in Q2

Financial trends and news by Steven Loeb
August 15, 2018
Short URL: http://vator.tv/n/4bf2

While the data misuse scandals had little to no effect on tech stocks during the first quarter of the year, that was to be expected, as those scandals broke right as the quarter was coming to an end.

The question was whether or not they would have enough of a lasting impact to do real damage in the second quarter, as the public watched executives from Facebook, Twitter and Google face Congressional grilling about their use of data.

Again, those fears were unfounded. Most companies beat expectations in Q2 and are still seeing their stocks up since the beginning of this year. 

Here's now the major tech companies performed in their Q2 earnings: 

  • Earnings Date: 7/31/2018
  • Revenue: $53.3 billion
  • Expected Revenue: $52.34 billion
  • EPS: $2.34
  • Expected EPS: $2.18
  • P/E Ratio: 19.02
  • Stock Since Earnings: $190.3 (end of day trading 7/31) to $210.24 (end of day trading 8/15), up 10.5 percent
  • Stock Since Start of Year: Up 23.6 percent from $170.16

 

  • Earnings Date: 7/23/2018
  • Revenue: $32.66 billion 
  • Expected Revenue: $32.17 billion
  • EPS: $11.75
  • Expected EPS: $9.59
  • P/E Ratio: 52.72
  • Stock since earnings: $1,205.5 (end of day trading 7/23) to $1,214.13 (end of day trading 8/15), up 0.7 percent
  • Stock Since Start of Year: Up 15.8 percent from $1,048.34

 


  • Earnings Date: 7/19/2018
  • Revenue: $30.09 billion
  • Expected Revenue: $29.21 billion
  • EPS: $1.13
  • Expected EPS: $1.08
  • P/E Ratio: 50.91
  • Stock since earnings: $104.4 (end of day trading 7/19) to $107.61 (end of day trading 8/15), up 3 percent
  • Stock Since Start of Year: Up 25 percent from $86.13

 

  • Earnings Date: 7/25/2018
  • Revenue: $13.23 billion
  • Expected Revenue: $13.36 billion 
  • EPS: $1.74
  • Expected EPS: $1.72
  • P/E Ratio: 27.6
  • Stock since earnings: $217.5 (end of day trading 7/25) to $179.53 (end of day trading 8/15), down 17.5 percent
  • Stock Since Start of Year: Up 1 percent from $177.68

 

  • Earnings Date: 7/27/2018
  • Revenue: $711 million
  • Expected Revenue: $696.2 million,
  • EPS: $0.17
  • Expected EPS: $0.17
  • P/E Ratio: 107.58
  • Stock since earnings: $34.12 (end of day trading 7/27) to $32.38 (end of day trading 8/15), down 5 percent
  • Stock Since Start of Year: Up 34.5 percent from $24.07

 

  • Earnings Date: 8/3/2018
  • Revenue: $617.4 million
  • Expected Revenue: $632.2 million
  • EPS: $0.02
  • Expected EPS: $0.03
  • P/E Ratio: 92.4
  • Stock since earnings: $4.86 (end of day trading 8/3) to $4.63 (end of day trading 8/15), down 4.7 percent
  • Stock Since Start of Year: Down 10 percent from $5.15

 

  • Earnings Date: 8/1/2018
  • Revenue: $385 million
  • Expected Revenue: $367.6 million
  • EPS: $0.13
  • Expected EPS: $0.11
  • P/E Ratio: NE
  • Stock since earnings: $66.86 (end of day trading 8/1) to $72.24 (end of day trading 8/15), up 8 percent
  • Stock Since Start of Year: Up 93 percent from $37.4

 

  • Earnings Date: 8/1/2018
  • Revenue: $299.3 million
  • Expected Revenue: $285.4 million
  • EPS: ($0.22)
  • Expected EPS: ($0.24)
  • P/E Ratio: NE
  • Stock since earnings: $5.92 (end of day trading 8/1) to $5.28 (end of day trading 8/15), down 10.8 percent
  • Stock Since Start of Year: Down 8.6 percent from $5.78


Image result for amazon

  • Earnings Date: 7/26/2018
  • Revenue: $52.89 billion
  • Expected Revenue: $53.41 billion
  • EPS: $5.07
  • Expected EPS: $2.50
  • P/E Ratio: 149.36
  • Stock since earnings: $1,808 (end of day trading 7/26) to $1,882.62 (end of day trading 8/15), up 4 percent
  • Stock Since Start of Year: Up 60.6 percent from $1,172 

 

  • Earnings Date: 7/25/2018
  • Revenue: $240 million
  • Expected Revenue: $233 million
  • EPS: $0.50
  • Expected EPS: $0.42
  • P/E Ratio: 89.67
  • Stock since earnings: $134.73 (end of day trading 10/25) to $127.37 (end of day trading 8/15), down 5.5 percent
  • Stock Since Start of Year: Up 78 percent from $71.54

 

  • Earnings Date: 8/7/18
  • Revenue: $262 million
  • Expected Revenue: $250.4 million
  • EPS: ($0.14)
  • Expected EPS: ($0.17)
  • P/E Ratio: NE
  • Stock since earnings: $13.12 (end of day trading 8/7) to $12.09 (end of day trading 8/15), down 7.9 percent
  • Stock Since Start of Year: Down 17 percent from $14.69

 

Image result for dropbox

  • Earnings Date: 8/9/18
  • Revenue: $339.2 million
  • Expected Revenue: $330.9 million
  • EPS: $0.11
  • Expected EPS: $0.06
  • P/E Ratio: NM
  • Stock since earnings: $34.43 (end of day trading 8/9) to $28.93 (end of day trading 8/15), down 16 percent
  • Stock Since Going Public: Down 0.2 percent from $29

  • Earnings Date: 8/9/18
  • Revenue: $142.6 million
  • Expected Revenue: $137.5 million
  • EPS: $0.04
  • Expected EPS: $0.01
  • P/E Ratio: NE
  • Stock since earnings: $23.14 (end of day trading 8/9) to $17.86 (end of day trading 8/15), down 22.8 percent
  • Stock Since Going Public: Down 43 percent from $31.41

 

Image result for zillow

  • Earnings Date: 8/8/18
  • Revenue: $266.85 million
  • Expected Revenue: $262.5 million
  • EPS: $0.04
  • Expected EPS: ($0.01)
  • P/E Ratio: NM
  • Stock since earnings: $51.1 (end of day trading 8/8) to $46.53 (end of day trading 8/15), down 8.9 percent
  • Stock Since Going Public: Up 14.8 percent from $40.50

(Image source: hec.edu)


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