These 3 Quarterly Reports Positively Shocked Investors: TSLA, MU, ANET

Zacks11-15

We’re nearing the end of the 2024 Q3 cycle, which has brought many positive surprises as it usually does. S&P 500 earnings are forecasted to be positive yet again, continuing the recent growth streak ...

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S&P 500 earnings are forecasted to be positive yet again, continuing the recent growth streak ...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-quarterly-reports-positively-shocked-151500657.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 3 Quarterly Reports Positively Shocked Investors: TSLA, MU, ANET</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 3 Quarterly Reports Positively Shocked Investors: TSLA, MU, ANET\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/3-quarterly-reports-positively-shocked-151500657.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We’re nearing the end of the 2024 Q3 cycle, which has brought many positive surprises as it usually does. S&P 500 earnings are forecasted to be positive yet again, continuing the recent growth streak ...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-quarterly-reports-positively-shocked-151500657.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4574","symbol_name":"无人驾驶","start_time":0,"source_url":"https://finance.yahoo.com/news/3-quarterly-reports-positively-shocked-151500657.html","article_id":"2483304813","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Dw2o0kkEqc..U3CCzs5v2Q--~B/aD00MTQ7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/3e28ef08a4fc0d056c55191be2afe074"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483304813","pubTimestamp":1731683700,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We’re nearing the end of the 2024 Q3 cycle, which has brought many positive surprises as it usually does. S&P 500 earnings are forecasted to be positive yet again, continuing the recent growth streak we’ve enjoyed over recent periods.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Concerning positivity, several companies, including Tesla TSLA, Micron MU, and Arista Networks ANET, all posted results that caused shares to see bullish movement post-earnings. Let’s take a closer look at each quarterly release.While the EV numbers are important, the real highlight of the release was margin expansion, with the company’s gross margin expanding nicely to 19.8% vs. a 17.9% print in the same period last year. As shown below, margins have finally begun recovering.Please note that the chart’s values are calculated on a trailing twelve-month basis.While margins remain well below highs set in 2022, the recent uptick is undoubtedly encouraging, further underpinned by the fact","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4574":"无人驾驶","LU1548497426.USD":"安联环球人工智能AT Acc","BK4512":"苹果概念","IE00BN0W2W23.USD":"GUINNESS SUSTAINABLE GLOBAL EQUITY \"C\" (USD) ACC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","IE00BN0W2V16.EUR":"GUINNESS SUSTAINABLE GLOBAL EQUITY \"C\" (EUR) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BN0W2T93.GBP":"GUINNESS SUSTAINABLE GLOBAL EQUITY \"C\" (GBP) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","TSLA":"特斯拉","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","ISBC":"投资者银行","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4141":"半导体产品","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE0008368304.USD":"STEWART INVESTORS WORLDWIDE LEADERS SUSTAINABILITY FUND \"I\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","ANET":"Arista Networks, Inc.","LU0234570918.USD":"高盛全球核心股票组合Acc Close","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4555":"新能源车","LU0056508442.USD":"贝莱德世界科技基金A2","BK4211":"区域性银行","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4585":"ETF&股票定投概念","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4553":"喜马拉雅资本持仓","BK4575":"芯片概念","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","MU":"美光科技","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","BK4516":"特朗普概念","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD"},"translate_title":"这三份季度报告震惊了投资者：TSLA、MU、ANET","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ANET":1,"TSLA":1,"ISBC":1,"MU":1,"TSLL":0.72},"content_text":"We’re nearing the end of the 2024 Q3 cycle, which has brought many positive surprises as it usually does. S&P 500 earnings are forecasted to be positive yet again, continuing the recent growth streak we’ve enjoyed over recent periods.\nStay up-to-date with all quarterly releases: See Zacks Earnings Calendar.\nConcerning positivity, several companies, including Tesla TSLA, Micron MU, and Arista Networks ANET, all posted results that caused shares to see bullish movement post-earnings. Let’s take a closer look at each quarterly release.\nTesla's Profitability Recovers\nThe critical metric for Tesla that has commonly dictated price swings is its EV production/delivery numbers, but margins have become the clear focus as of late. Concerning EV production/deliveries, Tesla delivered roughly 463k EVs and produced nearly 470k throughout the period.\nWhile the EV numbers are important, the real highlight of the release was margin expansion, with the company’s gross margin expanding nicely to 19.8% vs. a 17.9% print in the same period last year. As shown below, margins have finally begun recovering.\nPlease note that the chart’s values are calculated on a trailing twelve-month basis.\nImage Source: Zacks Investment Research\nWhile margins remain well below highs set in 2022, the recent uptick is undoubtedly encouraging, further underpinned by the fact that Tesla reported its lowest-ever level of cost of goods sold (COGS) per vehicle throughout the period.\nThe favorable commentary surrounding profitability and results vaulted the stock into the highly-coveted Zacks Rank #1 (Strong Buy), with analysts revising their EPS expectations across the board following the release.\nImage Source: Zacks Investment Research\nOverall, the stock’s current momentum is undeniable, partly boosted by the recent U.S. election. But it remains the prime selection for those seeking EV exposure, and its current favorable Zacks Rank alludes to further near-term gains.\nMicron Benefits From AI\nMicron helped set the tone for technology stocks overall in Q3 in its release in late September, with the company enjoying a massive 181% spike in EPS on 93% higher sales. The growth here is massive, underpinned by robust demand for the company’s data center products.\nThe results overall again confirm that the AI frenzy is here to stay, with Micron also forecasting record profitability for its next quarterly print. The company’s top line has recovered in a big way over recent quarters, as shown below.\nImage Source: Zacks Investment Research\nThe stock has given up the bulk of its post-earnings gains amid broader semiconductor weakness as of late, but the story overall remains positive. The valuation picture isn’t overly stretched, with the current 2.8X forward 12-month price-to-sales ratio beneath the 2.9X five-year median and five-year highs of 4.9X.\nImage Source: Zacks Investment Research\nANET Sales Continue Growing\nArista Networks has also been caught up in the AI frenzy, as the company is an industry leader in data-driven, client-to-cloud networking for large data centers, campus, and routing environments. The stock sports a favorable Zacks Rank #2 (Buy), with its earnings outlook brightening following its latest release.\n Image Source: Zacks Investment Research\nJayshree Ullal, CEO, on the results:\n‘Arista remains at the forefront of next generation centers of data across client-to-cloud and AI focused locations.’ \nThe growing AI landscape has benefited the company’s top line in a big way, with the company posting sequential revenue growth in each of its last ten periods. Below is a chart illustrating the company’s sales on a quarterly basis.\nImage Source: Zacks Investment Research\nLike MU, shares have given up the bulk of post-earnings gains, perhaps a reflection of profit-taking after a massive run year-to-date.\nBottom Line\nThe 2024 Q3 earnings cycle is nearing its end, with just a handful of S&P 500 companies yet to report quarterly results.\nAnd throughout the period, several companies, including Tesla TSLA, Micron MU, and Arista Networks ANET, all posted results that pleased investors.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nTesla, Inc. (TSLA) : Free Stock Analysis Report\nArista Networks, Inc. (ANET) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483304813"}