{"id":73466,"date":"2024-01-23T09:05:49","date_gmt":"2024-01-23T14:05:49","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=73466"},"modified":"2024-01-23T09:09:07","modified_gmt":"2024-01-23T14:09:07","slug":"coffee-with-greta-record-climb-continues","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2024\/01\/23\/coffee-with-greta-record-climb-continues\/","title":{"rendered":"Coffee With Greta: Record Climb Continues"},"content":{"rendered":"

DJIA Futures: <\/b>-25 (-0.1%)<\/span><\/p>\n

SPX Futures: <\/b>+9 (+0.2%)<\/span><\/p>\n

NASDAQ Futures: <\/b>+45 (+0.3%)<\/span><\/p>\n

Good morning friends!<\/span><\/p>\n

Futures are mixed with the <\/span>S&P 500 <\/b>continuing its record-setting climb as traders digest new earnings.\u00a0<\/span><\/p>\n

Let\u2019s get right to it!<\/span><\/p>\n

United Airlines Earnings Beat<\/span><\/h2>\n

United Airlines <\/b>(UAL) shares are up 6.9% ahead of the open after beating Q4 expectations on the top and bottom line.\u00a0<\/span><\/p>\n

Here\u2019s how the airline\u2019s results compared to analysts\u2019 estimates:\u00a0<\/span><\/p>\n

    \n
  • Adjusted EPS: $2.00 vs $1.69 expected<\/span><\/li>\n
  • Revenue: $13.63 billion vs $13.54 billion expected<\/span><\/li>\n<\/ul>\n

    Revenue jumped nearly 10% year over year. <\/span>
    \n<\/span><\/p>\n

    But United forecast a Q1 loss due to the FAA\u2019s grounding of <\/span>Boeing <\/b>(BA) 737 Max 9 planes.\u00a0<\/span><\/p>\n

    The company expects an adjusted loss of $0.35 to $0.85 per share in the current quarter.\u00a0<\/span><\/p>\n

    United has 79 of the grounded aircraft in its fleet, the most of any airline.<\/span><\/p>\n

    The company expects the planes to remain grounded through January 26.\u00a0<\/span><\/p>\n

    For the full year, United forecast adjusted EPS between $9 and $11 which was in line with analysts\u2019 estimates.\u00a0<\/span><\/p>\n

    Johnson & Johnson Flat After Earnings<\/span><\/h2>\n

    Johnson & Johnson <\/b>(JNJ) shares are up 0.1% in premarket trade after beating Q4 expectations.\u00a0<\/span><\/p>\n

    Here\u2019s how the pharmaceutical giant\u2019s results compared to analysts\u2019 estimates:\u00a0<\/span><\/p>\n

      \n
    • Adjusted EPS: $2.29 vs $2.28 expected<\/span><\/li>\n
    • Revenue: $21.40 billion vs $21.01 billion expected<\/span><\/li>\n<\/ul>\n

      Revenue jumped 7.3% year over year.\u00a0<\/span><\/p>\n

      Medical device sales were up 13.3% from a year ago to $7.67 billion vs $7.50 billion expected.\u00a0<\/span><\/p>\n

      Pharmaceutical sales rose 4.2% to $13.72 billion with no sales of its Covid vaccine in the U.S.\u00a0<\/span><\/p>\n

      The company forecast full-year 2024 adjusted EPS of $10.55 to $10.75 on $87.8 billion to $88.6 billion in revenue.\u00a0<\/span><\/p>\n

      Procter & Gamble Price Hikes Boost Revenue<\/span><\/h2>\n

      Procter & Gamble <\/b>(PG) shares are up 2.6% ahead of the open after reporting mixed Q4 results.<\/span><\/p>\n

      Here\u2019s how the consumer goods giant\u2019s results compared to analysts\u2019 estimates:\u00a0<\/span><\/p>\n

        \n
      • Adjusted EPS: $1.84 vs $1.70 expected<\/span><\/li>\n
      • Revenue: $21.44 billion vs $21.48 billion expected<\/span><\/li>\n<\/ul>\n

        Price hikes helped boost P&G\u2019s revenue 3% year over year during the quarter.<\/span><\/p>\n

        That helped offset some of the impact of writing down the value of razor brand Gillette by $1.3 billion.<\/span><\/p>\n

        As consumers paid higher prices, sales volumes declined.\u00a0<\/span><\/p>\n

        Volume in the grooming division fell 1%, the beauty segment reported flat sales volumes, health care reported a 3% volume decline, and the feminine, baby and family care business saw sales volumes shrink 2%.\u00a0<\/span><\/p>\n

        For fiscal 2024, Procter & Gamble forecast core EPS growth of 8% to 9% vs 6% to 9% previously.\u00a0<\/span><\/p>\n

        But the company expected unadjusted EPS to be flat to down 1% vs previous expectations for 6% to 9% growth.\u00a0<\/span><\/p>\n

        P&G reiterated its sales forecast of 2% to 4% this year.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

        DJIA Futures: -25 (-0.1%) SPX Futures: +9 (+0.2%) NASDAQ Futures: +45 (+0.3%) Good morning friends! Futures are mixed with the S&P 500 continuing its record-setting climb as traders digest new earnings.\u00a0 Let\u2019s get right to it! United Airlines Earnings Beat United Airlines (UAL) shares are up 6.9% ahead of the open after beating Q4 expectations on the top and bottom line.\u00a0 Here\u2019s how the airline\u2019s results compared to analysts\u2019 estimates:\u00a0 Adjusted EPS: $2.00 vs $1.69 expected Revenue: $13.63 billion vs $13.54 billion expected Revenue jumped nearly 10% year over year. But United forecast a Q1 loss due to the FAA\u2019s grounding of Boeing (BA) 737 Max 9 planes.\u00a0 The company expects an adjusted loss of $0.35 to $0.85 per share in the current quarter.\u00a0 United has 79 of the grounded aircraft in its fleet, the most of any airline. The company expects the planes to remain grounded through January 26.\u00a0 For the full year, United forecast adjusted EPS between $9 and $11 which was in line with analysts\u2019 estimates.\u00a0 Johnson & Johnson Flat After Earnings Johnson & Johnson (JNJ) shares are up 0.1% in premarket trade after beating Q4 expectations.\u00a0 Here\u2019s how the pharmaceutical giant\u2019s results compared to analysts\u2019 estimates:\u00a0 Adjusted EPS: $2.29 vs $2.28 expected Revenue: $21.40 billion vs $21.01 billion expected Revenue jumped 7.3% year over year.\u00a0 Medical device sales were up 13.3% from a year ago to $7.67 billion vs $7.50 billion expected.\u00a0 Pharmaceutical sales rose 4.2% to $13.72 billion with no sales of its Covid vaccine in the U.S.\u00a0 The company forecast full-year 2024 adjusted EPS of $10.55 to $10.75 on $87.8 billion to $88.6 billion in revenue.\u00a0 Procter & Gamble Price Hikes Boost Revenue Procter & Gamble (PG) shares are up 2.6% ahead of the open after reporting mixed Q4 results. Here\u2019s how the consumer goods giant\u2019s results compared to analysts\u2019 estimates:\u00a0 Adjusted EPS: $1.84 vs $1.70 expected Revenue: $21.44 billion vs $21.48 billion expected Price hikes helped boost P&G\u2019s revenue 3% year over year during the quarter. That helped offset some of the impact of writing down the value of razor brand Gillette by $1.3 billion. As consumers paid higher prices, sales volumes declined.\u00a0 Volume in the grooming division fell 1%, the beauty segment reported flat sales volumes, health care reported a 3% volume decline, and the feminine, baby and family care business saw sales volumes shrink 2%.\u00a0 For fiscal 2024, Procter & Gamble forecast core EPS growth of 8% to 9% vs 6% to 9% previously.\u00a0 But the company expected unadjusted EPS to be flat to down 1% vs previous expectations for 6% to 9% growth.\u00a0 P&G reiterated its sales forecast of 2% to 4% this year.<\/p>\n","protected":false},"author":41,"featured_media":73469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[739],"tags":[],"class_list":["post-73466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coffee-with-greta"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/73466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=73466"}],"version-history":[{"count":3,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/73466\/revisions"}],"predecessor-version":[{"id":73473,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/73466\/revisions\/73473"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/73469"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=73466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=73466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=73466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}