Groupon Inc. (NASDAQ:GRPN), Twitter Inc. (NYSE:TWTR), LinkedIn Corp (NYSE:LNKD), Tesla Motors Inc. (NASDAQ:TSLA) fell In Reaction to Earnings

Groupon Inc. (NASDAQ:GRPN) Revenues jumped 26.0% year over year to $757.6 million, which beat the Zacks Consensus Estimate of $734.0 million. The year-over-year growth was primarily driven by a 104.1% surge in direct revenues, which offset a 3.0% decline in third party and other revenues in the reported quarter. Groupon Inc. (NASDAQ:GRPN) shares after opening at $6.02 moved to $6.03 on last trade day and at the end of the day closed at $5.33. Company price to sales ratio in past twelve months was calculated as 1.41 and price to cash ratio as 2.93. Groupon Inc. (NASDAQ:GRPN) showed a negative weekly performance of -23.75%.

Twitter Inc. (NYSE:TWTR) recently announced its 1Q14 earnings on April 29, 2014 where it reported significant widening in its net loss which deepen to $132.4 million or $0.23 per share as compared to net loss of $27 million or $0.21 per share during 1Q13. The stock lost more than 10% on the same day and hit an all-time low price of $37.24 on April 30, 2014. Twitter Inc. (NYSE:TWTR) shares fell -3.74% in last trading session and ended the day on $30.66. TWTR return on equity ratio is recorded as -54.20% and its return on assets is -34.60%.

LinkedIn Corp (NYSE:LNKD) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.04. The company had revenue of $473.20 million for the quarter, compared to the consensus estimate of $466.70 million. LinkedIn Corp (NYSE:LNKD) shares moved up 0.73% in last trading session and was closed at $143.37, while trading in range of $136.02 – $143.76. LinkedIn Corp (NYSE:LNKD) year to date (YTD) performance is -33.88%.

Tesla Motors Inc. (NASDAQ:TSLA) has reported its earnings and said net income hit $17 million (12 cents per share) excluding one-item items. Tesla’s adjusted revenue totalled $713 million. Analysts were expecting earnings per share of 10 cents on revenue of $699 million, according to the Thomson Financial Network. Tesla Motors Inc. (NASDAQ:TSLA) weekly performance is -3.15%. On last trading day company shares ended up $201.35. Tesla Motors Inc. (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -9.39%. Analysts mean target price for the company is $227.42.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *