Coinbase (COIN) reports Q1 earnings on Thursday, with expected EPS of $50 and $1 billion in revenues. Stock has gained over 300% in past year, lagging behind Bitcoin's 103% rise. Technical indicators suggest bearish trend, but analysts see potential 34% upside with average price target of $275.
Mastercard Inc (NYSE: MA) reported fiscal Q1 2024 results with net revenues of $6.35B, beating consensus of $6.34B. Adjusted EPS rose 18% to $3.31. Payment network net revenue rose 7%. Outlook: high-single-digit net revenue growth for Q2 and low-double-digit growth for FY2024.
Norwegian Cruise Line reported first-quarter fiscal 2024 sales growth of 20.3% year-on-year to $2.191 billion on 8% capacity growth, missing the consensus of $2.24 billion. Adjusted EPS improved to $0.16 from $(0.30) a year ago, beating the consensus of $0.11.
Super Micro Computer reported quarterly earnings of $6.65 per share which beat the analyst consensus estimate of $5.78 by 15.05% and represents a 307.98% increase over earnings of $1.63 per share from the same period last year. Quarterly sales clocked in at $3.85 billion which missed the analyst consensus estimate of $3.952 billion by 2.58% and is a 200.08% increase year-over-year.
Marriott's strategic initiatives, like the MGM Collection partnership, propelled its global room count. While first-quarter results slightly missed expectations, the company's optimistic outlook and raised adjusted EPS guidance for FY24 underscore confidence in its ability to navigate challenges and deliver shareholder value.
Pfizer reports Q1 results: adjusted EPS beats estimates, driven by revenue growth. Significant declines in Comirnaty and Paxlovid revenues countered by operational gains. Company announces plans for direct-to-consumer online platform.