Q4 Earnings season in focus: Amazon and Alphabet

Question

The 22Q4 S&P 500 earnings are forecasted at $447.1 billion (-2.2% YoY, -3.6% q/q), while revenue is forecasted at $3,697.7 billion (+4.1% YoY, -0.7% q/q) based on the IBES data. Facing a challenging macro environment, this Earnings Season could be disappointing, but the bar may be low. In other words, it could become easier for star S&P 500 companies to beat lowered expectations as the year progresses.The leading companies like Apple, Alphabet and Amazon just released their latest earnings results. For Apple, it posted quarterly revenue of $117.2 billion, down 5% YoY with quarterly diluted EPS of $1.88. Alphabet posted just 1% growth for Q4 2022. Amazon beat on Q4 revenue but provided light guidance. It's crucial to watch the leading companies' earnings results, which might influence most investors' confidence and the overall market performance. Moverover, the upcoming earnings reports might offer valuable information and create trading opportunities! What's your point of view on the Q4 earnings? For instance, 1) Which company's Q4 earnings are you most satisfied with? 2) Is it now a good chance to own the leading tech companies' stocks or other stocks?

Accepted Answer

$Alphabet-C(GOOG.US)$$Alphabet-A(GOOGL.US)$ Alphabet Q4 FY22: • Revenue +1% Y/Y to $76.0B ($0.4B miss). • Operating margin 24% (-5pp Y/Y). • EPS $1.05 ($0.14 beat). YouTube ads -8% to $8.0B. Google Cloud: • Revenue +32% Y/Y to $7.3B. • Operating margin -7% (+10pp Y/Y). Restructuring costs in Q1 FY23 ~$2.6B.Alphabet Q4 FY22: • Revenue +1% Y/Y to $76.0B ($0.4B miss). • Operating margin 24% (-5pp Y/Y). • EPS $1.05 ($0.14 beat). YouTube ads ...

Answer

Amazon $Amazon(AMZN.US)$ dropped 8.4% post its Q4 earnings partially due to the weakness of the market and partially due to its disappointing numbers: topline slightly exceeded estimate and bottomline missed. Like other mega cap tech names, Amazon see no different but deteriorating margin.
North America net sales grew 13% YoY but operating loss widened YoY from $-206MM to $-240MM. If we looked back its previous quarters of North Americ...

Answer

As we enter into a period of earnings releases, none will be more emphasized than Big Tech. After going through $Amazon(AMZN.US)$'s latest financials, I distill down my views and opinions into the good, bad, and ugly portions.
The Good
Net sales for Q4'22 were the strongest among all the quarters in FY 2022. Better still, it even managed to chalk up a growth of 9% YoY, 12% if adjusted for FX impact. Due to a relatively stronger USD in the...

Answer

$Alphabet-C(GOOG.US)$$Alphabet-A(GOOGL.US)$ Pichai said he consulted with the founders and controlling shareholders, Sergey Brin and Larry Page, as well as the board of directors. Pichai said 2021 marked “one of the strongest years we’ve ever had in the history of the company,” with 41% revenue growth. Google increased head count to match that expansion, and Pichai said the company was assuming growth would persi...

Answer

$Amazon(AMZN.US)$ on Thursday issued first-quarter guidance that came in light of estimates, overshadowing better-than-expected revenue for the fourth quarter. The stock slid after hours, erasing most its rally from the regular trading day. Here are the key numbers: Earnings: 3 cents per share Revenue: $149.2 billion vs $145.42 billion expected, according to Refinitiv estimates Here's how other key Amazon segments did during th...

Answer

$Alphabet-C(GOOG.US)$$Alphabet-A(GOOGL.US)$ has for years been playing catch-up in the cloud infrastructure market, where it’s seen in the industry as a distant third in the U.S., behind $Amazon(AMZN.US)$ and $Microsoft(MSFT.US)$ . The challenge for investors is that the three companies don’t report cloud infrastructure metrics in a way that makes them easily comparable. However, an internal esti...

Answer

Welcome to click to follow~~
The year is barely a month old, but 2023 is already turning out to be one where artificial intelligence is going to dominate the strategies of businesses and the attention of investors.
And this week showed that the biggest of the big names in tech are pushing more of their resources into the nascent area of AI in what is almost a fear-of-missing-out situation, even with the market still find...

Answer

$SPDR S&P 500 ETF(SPY.US)$$S&P 500 Index(.SPX.US)$$Invesco QQQ Trust(QQQ.US)$

Answer

The company reported Q4 revenue of $76.05b, up 1% YoY, below Analysts estimated $76.53b. EPS $1.05, less than estimated $1.18. YouTube revenue $7.96b, less than estimated $8.25b. Cloud Service revenue $7.32b, estimation was $7.43b. Operating Margin continue to slide, from 29% a year ago down to 24% this quarter. Only Customer Acquisition Cost beats estimation, $12.93b, estimation was $13.32b, about 17% of revenue.
Googl...

Answer

ON Semiconductor is set to release its Q4 2022 earnings on Monday（2023-2-6 ）. According to bloomberg , 22Q4 revenue is 2.081 billion and GAAP EPS is 1.145 .
The company is a leading provider of advanced semiconductor solutions for a range of industries and applications, including automotive, industrial, consumer, and communications.
In recent years, ON Semiconductor has benefited from the growing demand for semiconductor...

Q4 Earnings season in focus: Amazon and Alphabet

Q4 Earnings season in focus: Amazon and Alphabet

earnings this week

ColumnsApple 22Q4 Review: 2023 will not be an easy year for Apple

ColumnsAmazon's Full FY'22 Results - The good, the bad & the ugly

ColumnsON Semiconductor 22Q4 Preview: revenue expected to be 2.081 billion, yoy 13%

ColumnsCan Amazon hold its 1T dollar Market Cap? What went wrong?

GOOG Reported an Unpleasant Earning with All Sectors Underperform Expectation

ColumnsAI in spotlight as Google, Microsoft and Cathie Wood support hot tech trend

AMZN Finally Starts to Care About its Margin After The Disappointing Earning