Earnings Roundup: Amazon, Alphabet, Disney, and More

Earnings season is still in full swing. Check out last week's roundup here if you missed it. This week we had Amazon, Alphabet, Disney, and many other giants on deck. Here are the highlights.

‍

Amazon

Amazon delivered a solid earnings beat with $1.86 per share vs $1.49 expected. Revenue came in slightly above expectations. Amazon expects sales in the current quarter to be between $151 and $155.5 billion, lower than analysts’ expectations for $158.5 billion. It now sees sales growth of just 5% to 9% in Q1. The low end of that range would mark the slowest growth rate since the company went public in 1997.

• EPS $1.86 vs $1.49 expected
• ‍Revenue $187.79 billion vs. $187.30 billion expected

Shares fell 4.05% after hitting a new record high earlier in the week.

‍

Alphabet

Alphabet reported revenue and earnings more or less in line with expectations. The most disappointing aspects seemed to be cloud revenue which came in at $11.96 billion compared to $12.19 billion expected. The company also announced plans to spend $75 billion in capital expenditures in 2025.

• EPS $2.15 vs $2.13 expected
• ‍Revenue $96.47 billion vs. $96.56 billion expected

Shares fell 7.29% after the report on Wednesday and extended losses on Friday.

‍

Disney

Disney delivered a big earnings beat on revenue slightly above estimates. However, the company reported a 1% decline in Disney+ subscribers and warned of another “modest decline” in the coming quarter. This is in stark contrast to Netflix’s impressive continued growth.

• EPS $1.76 adjusted vs. $1.45 expected
• ‍Revenue $24.69 billion vs. $24.62 billion

Shares fell 2.44% on Wednesday after a volatile day.

‍

More earnings

• Qualcomm’s earnings came in at $3.41 per share vs $2.96 expected on revenue of $11.67 billion vs $10.93 expected. The company’s guidance also came in slightly above LSEG expectations. Shares fell 3.72% after the report.
• Chipotle delivered a small earnings beat but issued somewhat disappointing guidance. Shares declined 2.56% on Wednesday after paring a much bigger loss earlier in the day.
• PayPal’s Q4 earnings came in at $1.19 per share vs $1.12 expected. Revenue landed at $8.37 billion vs $8.26 billion expected. The company also provided guidance above analysts’ estimates. And yet, shares plummeted 13.17% after the report on Tuesday.
• PepsiCo’s revenue missed expectations while earnings came in slightly above forecast. Shares dropped 4.51%.
• Ferrari posted net profit of €1.53 billion for 2024, reflecting a 21% increase from the previous year. Shares jumped 7.08% after the report on Tuesday.
• Snap reported earnings of 16 cents per share, beating expectations for 14 cents. Guidance was a mixed bag. Shares fell 8.36% on Wednesday.
• Pinterest reported mixed Q4 results but gave sales guidance above estimates. Global monthly active users also grew 11% year over year to 553 million, ahead of estimates of 547.4 million. Shares soared 19.08% to their highest level since July.
• Palantir reported adjusted earnings of 14 cents per share and $828 million in revenue. Both topped estimates. The company also raised its guidance. Shares rallied 24% to a new record high after the report.
• Spotify missed on Q4 earnings expectations but beat on revenue. The company just completed its first full year of profitability and raised its guidance for the coming quarter. Investors liked the report and sent shares 13.24% higher on Wednesday to a new record high.
• Swiss bank UBS reported disappointing earnings on revenue in line with expectations. The stock initially rose after the report to a new 15-year high but ended the day down by 7.05%.
• Ford beat both earnings and revenue expectations for Q4 but fell 7.49% on downbeat guidance.
• AMD delivered a slight beat on both earnings and revenue, but still fell 6.27% on Wednesday after the report.
• Peloton posted better than expected revenue of $674 million but lost more money than forecast. Sales fell more than 9% from a year earlier. The EBITDA forecast was much higher than expected though. The stock popped 12% after the report and is up more than 200% since bottoming last year.
• Roblox issued disappointing earnings and active user numbers. Shares plummeted 11% on Thursday after having been down more than 20% earlier in the day.
• Eli Lilly’s Q4 revenue came in slightly lower than expected while earnings came in higher. 2025 profit guidance was in line with expectations. Shares rose 3.35% on Thursday to their highest level since October.
• Novo Nordisk reported net profits of $3.98 billion in Q4, well above expectations and up 29% on an annual basis. Wegovy sales more than doubled year-over-year. The company now forecasts 2025 sales growth between 16% and 24%. Shares rose 4.54% on Wednesday after the report but remain almost 40% down from the June peak.
• Maersk posted better-than-expected Q4 results. EBITDA came in at $3.6 billion for the quarter, beating expectations for $3 billlion. It rose 26% to $12.13 billion for the full year. Shares jumped 7.61% on Thursday.