2023 Earnings Season

???? It’s #earnings season!
???? Novavax: Annual earnings per share are forecast to come in at $-1.52 up from $-3.41 prior. The estimated revenue is expected to rise to $237.39 million, up from $81 million reported in the last quarter.
US vaccine maker #novavax developed Nuvaxovid, one of three vaccines currently approved by the Food and Drug Administration (FDA) to help prevent COVID. Its COVID-19 vaccine is the company’s only marketed product after 35 years in business which has created concerns about Novavax’s revenue and funding, and its ability to remain in business.
⛽ New Fortress Energy: Annual earnings per share are forecast to come in at $0.6334, down from $0.9 prior. The estimated revenue is expected to rise to $611 million, up from $579.13 million reported in the last quarter.
#Newfortressenergy operates as an integrated gas-to-power energy infrastructure company, providing energy and development services worldwide. It operates in two segments: Terminals and Infrastructure, and Ships. The Terminals and Infrastructure section is primarily involved in acquiring and liquefying natural gas, shipping, logistics, and converting natural gas into power through modern gas-fired generation methods.
???? Lyft: Annual earnings per share are forecast to rise to $-0.009, up from $-0.5 prior. The estimated revenue is expected to rise to $1.02 billion, up from $1 billion reported in the last quarter.
#Lyft is a taxi service that uses a mobile app to facilitate rides by connecting passengers with contracted drivers who own their vehicles. It was founded in 2012 by Logan Green and John Zimmer. The company offers Lyft Line, which is its carpooling service.
???? Canopy Growth: Annual earnings per share are forecast to reach $-0.1505, up from $-1.28 prior. The estimated revenue is expected to drop to $68.56 million, down from $98.15 million reported in the last quarter.
Based in Ontario, #canopygrowth Corporation was the first North American business to be regulated by the federal government and publicly traded. The company manufactures a considerable volume of the country’s legal marijuana flower, oils, and edibles. These are sold under different brand names across Canada. Today Canopy is worth over $20 billion, and remains the largest hemp and cannabis enterprise globally, with more than 25 subsidiary companies and activities on five continents.
✨ Walt Disney: Annual earnings per share are forecast to reach $0.9981, up from $0.93 prior. The estimated revenue is expected to rise to $22.49 billion, up from $21.82 billion reported in the last quarter.
#Waltdisney is an American corporation and one of the world’s largest media conglomerates, with such holdings as ABC, ESPN, Pixar, Marvel Entertainment, and 20th Century Studios. Disney headquarters are in Burbank, California. The last few years have been difficult for the company, which since 2020, has fired a CEO and multiple high-up executives, faced financial troubles and received multiple lawsuits.
???? Alibaba: Annual earnings per share are forecast to rise to $14.49 up from $10.71 prior. The estimated revenue is expected to reach $224 billion, up from $208.2 billion reported in the last quarter.
The Chinese company #alibaba is one of the biggest online commerce company in the world. It has three main sites: Taobao, Tmall and Alibaba.com with hundreds of millions of users, and millions of merchants and businesses. The Alibaba Group comprises of several e-commerce platforms, including Alibaba, which is a business-to-business website that enables companies in China to sell to each other more efficiently. Additionally, there is Taobao, which is similar to eBay and allows individuals to buy and sell items.
???? Opera: Annual earnings per share are forecast to reach $0.16, up from $-0.08 prior. The estimated revenue is expected to rise to $90.61 million, up from $71.58 million reported in the last quarter. Headquartered in Oslo, Norway, #opera Software AS operates as a provider of browser and integrated artificial intelligence (AI)-driven digital content discovery and recommendation platforms. The company also provides services in the areas of mobile Internet and search, mobile payments and remittances, data compression and AI.
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