This article includes detailed Lemonade, Hims and Coupang Earnings Reviews. It also features a brief AMD earnings snapshot. The full AMD review will come on Saturday. Shopify, Uber & Duolingo reviews are coming tomorrow. Trade Desk and DraftKings are coming after that.
In case you missed it:
- Palantir & Mercado Libre Earnings Reviews
- Amazon & Microsoft Earnings Reviews
- Meta & Robinhood Earnings Reviews
- SoFi & PayPal Earnings Reviews
- Alphabet & Tesla Earnings Reviews.
- Chipotle Earnings Review.
- ServiceNow Earnings Review.
- Netflix & Taiwan Semi Earnings Reviews.
- Starbucks & Apple Earnings Reviews.
- Current Nerd Portfolio & Performance.
Table of Contents
- 1. AMD — Brief Earnings Snapshot
- 2. Lemonade (LMND) — Earnings Review
- 3. Hims (HIMS) — Earnings Review
- 4. Coupang (CPNG) — Earnings Review
1. AMD — Brief Earnings Snapshot
a. Results
- Beat revenue estimates by 3.5% & beat guidance by 3.9%.
- Beat data center estimates by 0.8%.
- Beat 43% GPM estimate & identical guidance by 20 bps.
- Missed $0.49 EPS estimate by a penny.
- 15% FCF margin vs. 10% Q/Q & 8% Y/Y
- Xilinx amortization is sharply impacting overall GAAP margins.
b. Balance Sheet
- $5.7B in cash & equivalents;.
- 34% Y/Y inventory growth.
- $3.2B in total debt.
- Slight Y/Y share count reduction.
c. Q3 Guidance & Valuation
- Revenue guidance beat estimates by 4.6%.
- 54% GPM guidance missed 54.3% estimates.
AMD trades for 42x forward EPS. EPS is expected to grow by 20% this year and by 48% next year.
