After-hours movers: AMD, Starbucks fall following EPS; Livent gains
After-Hours Stock Movers:
Sprout Social (NASDAQ: SPT) 13% LOWER; reported Q1 EPS of $0.06, $0.07 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $75.2 million versus the consensus estimate of $75.07 million. Sprout Social sees Q2 2023 EPS of ($0.02), versus the consensus of $0.00. Sprout Social sees Q2 2023 revenue of $78.6-78.7 million, versus the consensus of $79.9 million. Sprout Social sees FY2023 EPS of $0.07-$0.08, versus the consensus of $0.04. Sprout Social sees FY2023 revenue of $332-333 million, versus the consensus of $332.23 million.
Livent Corporation (NYSE: LTHM) 10% HIGHER; reported Q1 EPS of $0.60, $0.21 better than the analyst estimate of $0.39. Revenue for the quarter came in at $253.5 million versus the consensus estimate of $230.24 million. Livent Corporation sees FY2023 revenue of $1.025-1.125 billion, versus the consensus of $1.07 billion.
Super Micro Computer (NASDAQ: SMCI) 9% HIGHER; reported Q3 EPS of $1.63, $0.36 worse than the analyst estimate of $1.99. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.46 billion. Super Micro Computer sees Q4 2023 EPS of $2.21-$2.71, versus the consensus of $1.76. Super Micro Computer sees Q4 2023 revenue of $1.7-1.9 billion, versus the consensus of $1.675 billion. Super Micro Computer sees FY2023 EPS of $10.50-$11.00, versus the consensus of $10.13. Super Micro Computer sees FY2023 revenue of $6.6-6.8 billion, versus the consensus of $6.686 billion.
AMD (NASDAQ: AMD) 4% LOWER; reported Q1 EPS of $0.60, $0.04 better than the analyst estimate of $0.56. Revenue for the quarter came in at $5.4 billion versus the consensus estimate of $5.3 billion. Advanced Micro Devices, Inc. sees Q2 2023 revenue of $5-5.6 billion, versus the consensus of $5.49 billion.
NerdWallet, Inc (NASDAQ: NRDS) 4% LOWER; reported Q1 EPS of $0.02, $0.07 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $169.6 million versus the consensus estimate of $166.51 million. NerdWallet, Inc sees Q2 2023 revenue of $134-141 million, versus the consensus of $162.3 million.
Ford Motor (NYSE: F) 3% LOWER; reported Q1 EPS of $0.63, $0.21 better than the analyst estimate of $0.42. Revenue for the quarter came in at $41.5 billion versus the consensus estimate of $39.25 billion. Ford is maintaining the full-year 2023 performance expectations that the company first articulated in early February: for adjusted EBIT of $9 billion to $11 billion and adjusted free cash flow of about $6 billion.
Starbucks (NASDAQ: SBUX) 2% LOWER; reported Q2 EPS of $0.74, $0.09 better than the analyst estimate of $0.65. Revenue for the quarter came in at $8.7 billion versus the consensus estimate of $8.4 billion.
