To The Moon

Hello, everyone! This is our Earnings Season Special Edition.

I will post selected companies that beat forecasts in Q3 and help to provide insights for trading in this season.

Which sector benefits most under the current background?

Let's check out and find investing clues.

The following 8 companies are mainly from Financial services, conumer staples, courier services, automotive manucacturing, restaurants, healthcare, energy servicesindustries. (Ranked by market cap)

$Visa(V)$ ,$Coca-Cola(KO)$ ,$United Parcel Service Inc(UPS)$ ,$General Motors(GM)$ ,$Chipotle Mexican Grill(CMG)$ ,$Biogen(BIIB)$ ,$Halliburton(HAL)$ ,$Deutsche Bank AG(DB)$

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Daily Earnings Beats| 4 Sectors May Continue to Surprise the Market

1. $Visa(V)$ beats on earnings and boosts dividend by 20%

• Payments volume at Visa grew 10% in the fiscal fourth quarter, while processed transactions increased 12%. Visa’s revenue rose to $7.79 billion from $6.56 billion and came in ahead of the FactSet consensus, which was for $7.55 billion.
• The company reported net income of $3.94 billion, or $1.86 a share, compared with $3.58 billion, or $1.65 a share, in the year-earlier period. After adjustments, Visa earned $1.93 a share, up 19% from a year prior, while analysts tracked by FactSet were looking for $1.87 a share.
• The company noted in its release that during October, its board of directors approved a new $12 billion stock-buyback program as well as an increase to the dividend. The quarterly cash dividend will be 45 cents a share, up from 38 cents prior, payable on Dec. 1 to shareholders of record as of Nov. 11.

$(Visa)$ rose 1.92% on Tuesday trading, the YTD in 2022 is -10.3%.

2. $Coca-Cola(KO)$ announced earnings and revenue beat for Q3

• Coca-Cola’s earnings per share beat Wall Street analysts' estimates today with earnings per share of $0.69 against projections of $0.64. Revenue was also slightly ahead of expectations at $11.05 billion against $10.52 billion.
• The company announced that their overall market share had increased in Q3, with their average unit volume growing 4%.
• Looking forward, Coke CEO James Quincy said that he expects difficult economic conditions to continue for the next six months to a year. The focus on more affordable options will continue into 2023, with work being done on new ways to package their products that keeps unit prices down.

$Coca-Cola(KO)$ rose 2.4% on Tuesday trading, the YTD in 2022 is -0.44%.

3.$United Parcel Service Inc(UPS)$ Beats Earnings Estimates and reaffirmed its yearly guidance.

• Thanks to solid gains in the group's domestic business that offset weakness in supply chain sales. UPS said earnings for the three months ending in September were pegged at $2.96 per share, up 9.2% from the same period last year and firmly ahead of the Street consensus forecast of $2.84 per share. Group revenues, the company said, rose 4.4% to $24.2 billion, just shy of analysts' estimates of a $24.32 billion tally.
• Looking into the current calendar year, UPS reaffirmed its guidance for revenues of more than $102 billion and earnings in the region of $14 billion.

$United Parcel Service Inc(UPS)$ rose almost 4% first but close at -0.33% on Tuesday trading. It's YTD in 2022 is -22.09%

4. $General Motors(GM)$ have had a big Q3, beating earnings per share estimates, despite a slight miss on revenue.

• General Motors announced earnings per share of $2.25, a major uplift by 19.71% from the expectations of $1.88 per share. Revenue was actually slightly below target at $41.89 billion against a $42.22 billion projection.
• GM reported adjusted net income of $4.3 billion, up from $2.9 billion a year earlier. Its adjusted profit margin for the quarter narrowed to 10.2% compared with 10.7% during the third quarter of 2021.

$General Motors(GM)$ rose 3.61% on Tuesday trading, the YTD in 2022 is -36.88%. GM also announced it will host an investor day webcast on Nov. 17.

5.$Chipotle Mexican Grill(CMG)$ Q3 earnings beat expectations as price hikes boost revenue

The California-based company reported the Q3 that ended on September 30, 2022, , compared to Wall Street’s expectations, according to Bloomberg consensus estimates:

• Revenue: $2.2 billion versus $2.24 billion expected, 13.7% higher compared to the third quarter of 2021.
• Adj. earnings per share (EPS): $9.51 versus $9.23 expected
• Same-store sales: 7.6% versus 7.38% expected

$Chipotle Mexican Grill(CMG)$ rose 2.47% on Tuesday trading, the YTD in 2022 is -9.39%.

6.$Biogen(BIIB)$ Beats on Q3 Earnings & Sales, Raises 2022 Outlook

• Biogen BIIB reported Q3 2022 adjusted EPS of $4.77, beating the Zacks Consensus Estimate of $4.13. In the year-ago quarter, Biogen had recorded earnings of $4.77 per share.
• Sales came in at $2.51 billion, down 10% on a reported basis (8% on a constant-currency basis) from the year-ago quarter, hurt by lower sales of Tecfidera. Sales, however, beat the Zacks Consensus Estimate and our estimates of $2.47 billion and $2.4 billion, respectively.
• The company raised its adjusted earnings guidance for 2022.Total revenues are now expected in the range of $10.0 to $10.15 billion in 2022, up from $9.9-$10.1 billion expected previously.

$Biogen(BIIB)$ closed at -0.39% on Tuesday trading, and It's YTD in 2022 is 14.02%.

7. Oil and Gas company $Halliburton(HAL)$ Beats Q3 Earnings and Revenue Estimates

• Halliburton, which belongs to Field Services industry, posted revenues of $5.36 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 0.50%. This compares to year-ago revenues of $3.86 billion. The company has topped consensus revenue estimates four times over the last four quarters.
• Q3 report represents an earnings surprise of 7.14%. Halliburton came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.56 per share. Higher than its earnings of $0.28 per share a year ago.

$Halliburton(HAL)$ rose 1.16% on Tuesday trading.

8. $Deutsche Bank AG(DB)$ logs ninth straight quarter of profit with big earnings beat

• Deutsche Bank on Wednesday crushed market expectations for the third quarter, amid higher interest rates and turbulent market trading.
• The bank reported Revenues rose 15% from a year ago, and hit 6.92 billion euros. The net income of 1.115 billion euros ($1.11 billion) for the quarter. Analysts had predicted a net profit of 827 million euros, according to data from Refinitiv.
• In particular, revenues in Fixed Income and Currencies were up by 38% over the same period and helped offset lower performance in Credit Trading.

$Deutsche Bank AG(DB)$ rose 2.54% on Tuesday trading.Shares of Deutsche Bank are down about 17% so far this year.