{"id":73585,"date":"2024-02-06T09:09:55","date_gmt":"2024-02-06T14:09:55","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=73585"},"modified":"2024-02-06T09:09:55","modified_gmt":"2024-02-06T14:09:55","slug":"coffee-with-greta-bouncing-back","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2024\/02\/06\/coffee-with-greta-bouncing-back\/","title":{"rendered":"Coffee With Greta: Bouncing Back"},"content":{"rendered":"

DJIA Futures: <\/b>+14 (+0.04%)<\/span><\/p>\n

SPX Futures: <\/b>+7 (+0.2%)<\/span><\/p>\n

NASDAQ Futures: <\/b>+40 (+0.2%)<\/span><\/p>\n

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

Futures are higher as traders digest the latest batch of earnings.<\/span><\/p>\n

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

Eli Lilly Rallies On Earnings Beat<\/span><\/h2>\n

Eli Lilly <\/b>(LLY) shares are up 5.2% ahead of the open after beating Q4 expectations on the top and bottom line.\u00a0<\/span><\/p>\n

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

    \n
  • Adjusted EPS: $2.49 vs $2.22 expected<\/span><\/li>\n
  • Revenue: $9.35 billion vs $8.93 billion expected<\/span><\/li>\n<\/ul>\n

    Revenue jumped 28% year over year as the company saw strong demand for its weight loss products.\u00a0<\/span><\/p>\n

    $175.8 million in revenue was from Zepbound, Eli Lilly\u2019s newly-approved weight loss drug.\u00a0<\/span><\/p>\n

    Its diabetes drug, Mounjaro, brought in $2.21 billion in sales vs $1.73 billion expected.\u00a0<\/span><\/p>\n

    Eli Lilly forecast full-year adjusted EPS of $12.20 to $12.70 on $40.4 billion to $41.6 billion in revenue.\u00a0<\/span><\/p>\n

    That was slightly better than expectations for adjusted EPS of $12.43 on $39.38 billion in revenue.<\/span><\/p>\n

    Palantir Surges After Revenue Beat<\/span><\/h2>\n

    Palantir Technologies <\/b>(PLTR) shares are surging 20.1% in premarket trade after beating Q4 revenue expectations.\u00a0<\/span><\/p>\n

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

      \n
    • Adjusted EPS: $0.08, as expected<\/span><\/li>\n
    • Revenue: $608.4 million vs $602.4 million expected<\/span><\/li>\n<\/ul>\n

      Revenue jumped 20% year over year.\u00a0<\/span><\/p>\n

      In a letter to shareholders, the CEO said Palantir\u2019s expansion and growth \u201chave never been greater.\u201d<\/span><\/p>\n

      He wrote, \u201cOur results reflect both the strength of our software and the surging demand that we are seeing across industries and sectors for artificial intelligence platforms.\u201d<\/span><\/p>\n

      Palantir forecast Q1 revenue between $612 million and $616 million and full-year revenue between $2.65 billion and $2.67 billion.\u00a0<\/span><\/p>\n

      That was roughly in line with analysts\u2019 forecasts for Q1 revenue of $617 million and $2.66 billion in full-year sales.<\/span><\/p>\n

      Spotify Rallies On Strong User Growth<\/span><\/h2>\n

      Spotify <\/b>(SPOT) shares are up 8.4% ahead of the open after reporting stronger-than-expected user growth in the fourth quarter.\u00a0<\/span><\/p>\n

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

        \n
      • Per share loss: $0.36 vs $0.40 expected<\/span><\/li>\n
      • Revenue: $3.94 billion vs $3.99 billion expected<\/span><\/li>\n
      • Monthly active users: 602 million vs 601 million expected<\/span><\/li>\n
      • Premium subscribers: 236 million vs 235 million expected<\/span><\/li>\n<\/ul>\n

        The company\u2019s gross margin rose to 36.7% in the quarter, up 1.4% year over year thanks to cost-cutting efforts and higher prices.\u00a0<\/span><\/p>\n

        Spotify said it expects monthly active users to climb to 618 million and premium subscribers to hit 239 million in Q1.<\/span><\/p>\n

        The company said, \u201cWith revenue and profitability trends both inflecting favorably heading into 2024, we view the business as well positioned to deliver improving growth and profitability.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

        DJIA Futures: +14 (+0.04%) SPX Futures: +7 (+0.2%) NASDAQ Futures: +40 (+0.2%) Good morning friends! Futures are higher as traders digest the latest batch of earnings. Let\u2019s get right to it! Eli Lilly Rallies On Earnings Beat Eli Lilly (LLY) shares are up 5.2% ahead of the open after beating Q4 expectations on the top and bottom line.\u00a0 Here\u2019s how the pharmaceutical company\u2019s results compared to analysts\u2019 estimates:\u00a0 Adjusted EPS: $2.49 vs $2.22 expected Revenue: $9.35 billion vs $8.93 billion expected Revenue jumped 28% year over year as the company saw strong demand for its weight loss products.\u00a0 $175.8 million in revenue was from Zepbound, Eli Lilly\u2019s newly-approved weight loss drug.\u00a0 Its diabetes drug, Mounjaro, brought in $2.21 billion in sales vs $1.73 billion expected.\u00a0 Eli Lilly forecast full-year adjusted EPS of $12.20 to $12.70 on $40.4 billion to $41.6 billion in revenue.\u00a0 That was slightly better than expectations for adjusted EPS of $12.43 on $39.38 billion in revenue. Palantir Surges After Revenue Beat Palantir Technologies (PLTR) shares are surging 20.1% in premarket trade after beating Q4 revenue expectations.\u00a0 Here\u2019s how the software company\u2019s results compared to analysts\u2019 estimates:\u00a0 Adjusted EPS: $0.08, as expected Revenue: $608.4 million vs $602.4 million expected Revenue jumped 20% year over year.\u00a0 In a letter to shareholders, the CEO said Palantir\u2019s expansion and growth \u201chave never been greater.\u201d He wrote, \u201cOur results reflect both the strength of our software and the surging demand that we are seeing across industries and sectors for artificial intelligence platforms.\u201d Palantir forecast Q1 revenue between $612 million and $616 million and full-year revenue between $2.65 billion and $2.67 billion.\u00a0 That was roughly in line with analysts\u2019 forecasts for Q1 revenue of $617 million and $2.66 billion in full-year sales. Spotify Rallies On Strong User Growth Spotify (SPOT) shares are up 8.4% ahead of the open after reporting stronger-than-expected user growth in the fourth quarter.\u00a0 Here\u2019s how the streaming company\u2019s results compared to analysts\u2019 estimates:\u00a0 Per share loss: $0.36 vs $0.40 expected Revenue: $3.94 billion vs $3.99 billion expected Monthly active users: 602 million vs 601 million expected Premium subscribers: 236 million vs 235 million expected The company\u2019s gross margin rose to 36.7% in the quarter, up 1.4% year over year thanks to cost-cutting efforts and higher prices.\u00a0 Spotify said it expects monthly active users to climb to 618 million and premium subscribers to hit 239 million in Q1. The company said, \u201cWith revenue and profitability trends both inflecting favorably heading into 2024, we view the business as well positioned to deliver improving growth and profitability.\u201d<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[739],"tags":[],"class_list":["post-73585","post","type-post","status-publish","format-standard","hentry","category-coffee-with-greta"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/73585","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=73585"}],"version-history":[{"count":2,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/73585\/revisions"}],"predecessor-version":[{"id":73591,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/73585\/revisions\/73591"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=73585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=73585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=73585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}