6:15 p.m. ET: Well, the Yahoo
earnings call has wrapped up, with a cheerful «see you next quarter!»
Over the last decade, the number of mentions of the millennial generation on quarterly corporate
earnings calls has jumped from just one in all of 2007 to more than 100 in the most recent earnings season alone, according to Thomson Reuters data.
Even as companies» quarterly results have come in strong,
their earnings calls have raised concerns that rising commodity prices may pinch profit margins in the future.
But, as Fiat Chrysler chief executive Sergio Marchionne reminded analysts in 2015 in perhaps the most interesting earnings call I've listened to, the sell - side has a purpose that goes beyond chucking numbers into a spreadsheet to forecast where the stock will be by year - end:
Take - Two Interactive's investor conference and
earnings calls have always been a volatile source of information.
K12 officials made reference to their recent troubles this in
an earnings call it had today with investors.
A transcript released by EA in relation to their Q1 2017
earnings call has Blake Jorgensen, the CFO at Electronic Arts stating the following:
I said today on my shareholder
earnings call I would not reduce any of those standards in order to make money on this product.
Take - Two Interactive's investor conference and
earnings calls have always been a volatile source of information.
Not exact matches
Chief Executive Officer Bruce Broussard was asked several questions about news reports the company
had discussed a deal with retailer Wal - Mart Inc during a 45 - minute conference
call to discuss better - than - expected first - quarter
earnings.
The company, which reported quarterly
earnings late Thursday, said the arrests, which were followed by protests and
calls to boycott Starbucks,
have not
had a noticeable impact on sales so far in April.
In a recent
earnings call, he said this of his working environment: «I always move my desk to wherever — I don't really
have a desk actually — I move myself to wherever the biggest problem is in Tesla.
She said the company should
have done more to address the hack and surveillance in its
earnings report, or should
have held an
earnings call assuming that did not violate a quiet period around the planned sale.
Yahoo announced last week it
would not hold an
earnings call as part of reporting financial results, citing the pending sale of the company's core assets to Verizon as its reason for scrapping the
call.
Real estate investment trust Ventas may
have gotten criticism from analysts on its
earnings call, but the negativity seemed off - base to Chairman and CEO Debra Cafaro.
Following Apple's previous
earnings report in February, Chief Financial Officer Luca Maestri gave rare additional guidance, telling analysts on a conference
call that iPhone revenue
would grow by at least 10 % year - over-year in the current quarter.
Aetna CEO Mark Bertolini didn't
have a lot to say about his company's potential blockbuster deal with CVS on an
earnings call Tuesday.
Gerald Soloway must
have been feeling jubilant on an
earnings conference
call in May 2016.
«While we still
have unique products such as Crystal Ball Frappuccino, our focus will shift to leveraging platforms with broader appeal,» Chief Operating Officer Rosalind Brewer explained in an
earnings call last week.
«As we enter 2014 with a much cleaner inventory position, the team's number one operation focus is on in - stocks — ensuring we
have the right quantity of each item in the right place at the right time,» Steinhafel said on the
earnings call.
AMD's forthcoming lineup of Zen 2 processors will
have built - in protection against the Spectre chip vulnerability, said CEO Lisa Su on the company's
earnings call on Tuesday afternoon.
Elon Musk
has said he will take a question from YouTube Channel owner Gali Russell during Wednesday night's
earnings conference
call.
So if we look at a range of market valuation measures, whether it's Shiller CAPE, whether its price - to - book, whether it's price - to - trailing
earnings, price - to - peak
earnings, when we look at these measures, they look like they're in the, what we
would call, the 10th decile, meaning generally, valuations are cheaper 90 % of the time.
In an
earnings call at the end of March, she announced a new line of men's golfwear that
would be available in time for Father's Day.
Boyko
has just completed a quarterly
earnings call for the company he co-founded, Stingray Digital Group, which went public last year.
During its first quarter
earnings call, BlackBerry said it
had only shipped 2.7 million of its new phones.
Having been accused of initially dismissing the significance of Russian activity, then slow - walking the investigation into it and repeatedly understating its effects, Zuckerberg used the opening minutes of Facebook's third - quarter
earnings call to signal a new sense of purpose.
The chief executive officer of the biggest telecom firm in the U.K.
has told CNBC he wants to keep his position despite disappointing
earnings and a shareholder
call for him to resign.
Cook admitted that he was shy about sharing negative feedback with Brad Smith, Intuit's current CEO, after Smith
had expressly asked Cook to critique his performance on an
earnings call.
Order - to - shelf «
has transformed the inventory levels that we
have in the back room, essentially clearing them out so that we're mainly focusing on what we
call our never - outs, the key items that we need to
have in stock all the time in our stores,» Whole Foods» vice president of operations, Ken Meyer, said on an
earnings call in February.
You
'd think that investors
would be among the most cold - blooded and rational consumers of information — after all, fortunes depend on them making bias - free judgments about what they hear on
earnings calls — but according to this new research, they are actually highly swayed by one tiny shift in language, just like everyone.
Earlier this year, on an
earnings call, he was particularly forthcoming, telling investors that McDonald's
had «lost some of our customer relevance.»
In his first
earnings call as CEO, Thompson
had the awkward responsibility to report a slowdown in sales growth in most of the company's major markets, with both he and CFO Peter Bensen pointing to the impact of a tough macroeconomic environment.
Messenger's road to dollar signs hasn't been quite as clear, but CEO Mark Zuckerberg laid out Facebook's plans much more clearly during the
earnings call.
«We
had Extra Value Meals, plus we
had Dollar Menu, [which was] rather confusing not only to customers but actually kind of confusing to us,» said Tim Fenton, then McDonald's chief operating officer, on a January
earnings call.
«Discrimination, exclusion and unconscious biases are enormous problems that no one
has mastered,» Parker said on the airline's quarterly
earnings call on Thursday.
«I think we
have been on this path for a number of years,» GM CFO Chuck Stevens said on a
call with reporters on Thursday, after the largest U.S. automaker released first - quarter
earnings.
United Airlines CEO Oscar Munoz said in a quarterly
earnings call Wednesday that the airline
had started the inspections due to a service bulletin.
TransCanada sounded more optimistic on its third quarter
earnings call, telling investors and analysts that it expected the same amount of interest as it
had back in 2008 when the project was originally proposed.
Facebook chief financial officer David Wehner, on the company's
earnings call, said usage
would «fluctuate» based on market penetration.
And if
earnings growth stays up, you know, in the 17, 19, 20 %, you can
have what I
would call a benign valuation reset.
Musk tried to further clarify a point that he made on Tesla's second quarter
earnings call, when he insisted that Tesla doesn't
have a demand problem.
Just over one week after the
earnings call, advisory firm Institutional Shareholder Services came out in favor of the Tesla SolarCity merger,
calling it a «a necessary step towards Tesla's goal of being an integrated sustainable energy company,» and that Tesla
had «taken the requisite steps to reassure its shareholders.»
Stumpf
has long lauded cross-selling as a reason the bank
had been so successful (as Warren brutally pointed out by reading transcripts of
earnings calls in which Stumpf touted the tactic).
We
've also added a comment on the business outlook from management during the company's most recent quarterly
earnings call.
Musk is usually very forthcoming about Tesla's business on
earnings calls, and Wednesday's
call was no exception, but throughout he seemed annoyed and at times confrontational that the market and the media
have fixated on speculation that Tesla is running out of customers.
The WSJ reports that many investors are growing concerned about Redstone's ability to remain in charge, noting that he is now entirely silent on the company's
earnings calls and
has suffered several mini-strokes.
Almost 700 U.S. companies
have reported quarterly results so far this
earnings season, and the e-commerce titan's name
has popped up on roughly one of every 10
earnings conference
calls so far.
On a recent
earnings call, CEO Victor Luis attributed this to how the brand
has been cutting back on flash sales.
Phillips 66 CEO Greg Garland said in an April
earnings call that the company
had been running «pretty much max gasoline,» a point echoed by several other CEOs that month.