Notable Earnings: FireEye (FEYE), SunPower (SPWR), LinkedIn (LNKD), Gilead Sciences (GILD), Expedia (EXPE)

FireEye, Inc. (FEYE) shares are up $1.60, or 3.87%, to $42.90 in after-hours trading Thursday after the company reported its first quarter earnings results.

The cybersecurity solutions firm reported earnings of ($0.48) per share on revenues of $125.4 million, up 69.5% from a year ago. Analysts were expecting EPS of ($0.51) on revenues of $120.57 million. The company’s Q1 GAAP net loss was $134 million, or $0.88 per share, compared to a GAAP net loss of $101.2 million, or $0.76 per share, in the first quarter of 2014.

FireEye had a very strong start to the year, as the momentum we experienced at the end of 2014 continued into Q1,” said in a statement David DeWalt, CEO and Chairman of the Board of FireEye. “The results FireEye reported for the first quarter exceeded expectations on all financial metrics, leading us to raise our outlook for the remainder of 2015.”

For Q2/15, FEYE provided EPS guidance of ($0.50)-($0.47) versus consensus of ($0.49) per share. The company also issued revenue projection of $140 – $144 million, compared to the consensus revenue estimate of $140 million.

Profitability-wise, FEYE has a t-12 profit and operating margin of (104.26%) and (111.44%), respectively. The $6.43 billion market cap company reported $136.77 million in cash vs. $333.6 million in total current liabilities in its most recent quarter.

FEYE currently prints a one year return of about 11% and a year-to-date return of around 36%.

The chart below shows where the equity has traded over the last 52 weeks.

SunPower Corporation (SPWR) reported first quarter EPS of $0.13 after the closing bell Thursday, compared to the consensus estimate of $0.08. Revenues declined 37% from $683.7 million last year to $430.6 million in Q1/15. Analysts expected revenues of $444 million. First quarter gross margin was 20.6%, down from 23.5% a year earlier. The second-largest maker of solar panels in the US, reported a net loss attributable to shareholders of $9.6 million, or $0.07 per share, compared with a year-earlier profit of $65 million, or $0.42 per share, as it sold fewer power plants.

On valuation measures, SunPower Corp. shares, which currently have an average 3-month trading volume of 1.38 million shares, trade at a trailing-12 P/E of 20.74, a forward P/E of 17.98 and a P/E to growth ratio of 12.16. The median Wall Street price target on the name is $42.00 with a high target of $49.00. Currently ticker boasts 8 ‘Buy’ endorsements, compared to 0 ‘Holds’ and 1 ‘Sell’.

Profitability-wise, SPWR has a t-12 profit and operating margin of 8.12% and 10.58%, respectively. The $4.23 billion market cap company reported $601.57 million in cash vs. $837 million in debt in its most recent quarter.

SPWR prints a year-to-date return of around 29%. The stock is currently down $0.39 to $31.80 on 2.38 million shares.

The chart below shows where the equity has traded over the last 52 weeks.

Shares of LinkedIn Corporation (LNKD) are down $59.13, or 23.45%, to $193.00 after the company released its earnings results on Thursday. The online professional networking company reported Q1’15 EPS of $0.57 per share vs. $0.56 consensus on $638 million in revenue, up 34.9% from a year ago.

“Q1 was a solid quarter in which we made meaningful progress against our multi-year strategic roadmap,” commented Jeff Weiner, CEO of LinkedIn. “During the quarter, we maintained steady growth in member engagement while achieving strong financial results.”

Meantime, Q1 net income was a loss of $42.5 million, or ($0.34) per share, compared with net loss of $13.31 million, or ($0.11) per share in the first quarter of 2014.

For Q2/15, LNKD  provided revenue guidance of $670 – $675 million, compared to the consensus revenue estimate of $718.16 million.

On valuation measures, LinkedIn Corp. shares, which currently have an average 3-month trading volume of 1.13 million shares, trade at a forward P/E of 58.91 and a P/E to growth ratio of 2.11. The median Wall Street price target on the name is $297.00 with a high target of $331.00. Currently ticker boasts 28 ‘Buy’ endorsements, compared to 10 ‘Holds’ and 1 ‘Sell’.

Profitability-wise, LNKD has a t-12 profit and operating margin of (0.71%) and 1.63%, respectively. The $31.74 billion market cap company reported $1.01 billion in cash vs. $877 million in total current liabilities in its most recent quarter.

LNKD currently prints a one year return of about 68% and a year-to-date return of around 12%.

Gilead Sciences Inc. (GILD) gained $2.99 to $103.50 in after-hours trading after it reported fiscal-first quarter earnings.

The drug maker handed in earnings of $2.94 per share on revenue of $7.59 billion, beating Wall Street estimates of $2.32 per share on revenue of $6.89 billion. Net income was $4.3 billion, or $2.76 per diluted share in Q1/15 compared to $2.2 billion or $1.33 per diluted share in Q1/14. Gilead said the increase in revenue was led by strong sales from its two hepatitis C treatments, Sovaldi and Harvoni, which combined generated $4.5 billion in sales during the quarter, topping analysts’ consensus $3.7 billion expectations for the period.

As a result of the strong quarter, the company declared its first quarterly dividend of 43 cent per share to be paid June 29 to shareholders of value on June 16.

Gilead also upped its projections for full-year sales to a range of $28 billion to $29 billion. In February, the company said 2015 sales would be $26 billion to $27 billion.

Expedia Inc. (EXPE) gained 4% to $98.00 in after-hours trading after it reported fiscal results for the first quarter.

In its quarterly report, the online travel services company said it posted a non-GAAP basis EPS loss of ($0.03), well below the $0.09 per share analysts were expecting. Revenue rose 14.4% to $1.37 billion from $1.2 billion yoy and above views for $1.35 billion. Q1/15 net income came in at $44.1 million, or $0.34 per share, after a loss of $14.3 million, or ($0.11) in the same period a year earlier.

Expedia said its room night growth accelerated to 32% yoy, with domestic and international room nights growing 23% and 41% yoy, respectively. Gross bookings increased 19%.

Liquidity: As of March 31, 2015, the $11.94 billion market cap Bellevue, Washington-based company reported $14.5 billion of cash, cash equivalents and marketable securities compared to $11.7 billion as of Dec. 31, 2014.

The chart below shows where the equity has traded over the last 52 weeks.

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