![]() ![]() We adjust our revenue model lower on new subscriber growth." "This is likely due to re-focusing on getting timing, content, and pricing structures in a better position to increase borrower retention. "We believe pricing changes, slower than expected sub growth, anecdotal consumer checks, and viewership data indicate Netflix has slowed down, if not outright stopped, cracking down on password sharing," Jefferies equity analyst Andrew Uerkwitz wrote in a research note previewing earnings. He added: "The performance of Tesla stock following the print will likely be driven by comments on the forward outlook and how that may move consensus (up/down/neutral) for '24."įor Netflix, investors will be searching for details on recent developments at the company including rumors of a price hike, new details on the streamer's password sharing crackdown, and the success of the advertising tier. "Many are wondering if Tesla can grow earnings at all in fiscal year '24," Jonas wrote in a research note on Oct. After hosting a "bull/bear lunch" this week, Jonas said the read on Tesla's earnings "skews cautious." Morgan Stanley equity analyst Adam Jonas thinks margins likely fell to 17.5% from 18.2% in the period prior. Margins have declined throughout 2023 as the company has used price cuts to ignite demand. Tesla recently missed Wall Street's estimates for third quarter deliveries, and margins remain a key concern for the electric vehicle maker. (Marco Bello/REUTERS) (Marco Bello / reuters) Jamie Dimon, CEO of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Fla., Febr. "So we're getting the best of bank earnings today and the rest is going to be not quite as exciting." "The disappointing thing is JPMorgan was the best last quarter and probably will be the best in terms of performance this quarter," Dave Ellison, Hennessy Financial Funds manager, told Yahoo Finance Live after JPMorgan reported results. In the week ahead, Bank of America, Goldman Sachs, and Morgan Stanley ( MS) will lead the earnings calendar for the financial sector. "This may be the most dangerous time the world has seen in decades." ![]() "The war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships," Dimon continued. "US consumers and businesses generally remain healthy, although consumers are spending down their excess cash buffers," Dimon said before commenting on how rising geopolitical tensions in the Middle East could further cloud the economic picture. But JPMorgan CEO Jamie Dimon laid out risks ahead in the company's earnings release.
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