Weekly Points – July 28th, 2023 "5 Things to Know In Investing This Week" - The Corporate Earnings And Clickbait Issue
Portfolio Pulse from Gary Brode
The article discusses key economic indicators and earnings reports of three companies. The Federal Reserve has raised interest rates to a 22-year high, but this is in line with long-term trends. The 2Q GDP was up 2.4%, beating the 1.5% estimate. PMI data indicates potential stagflation. Enova International ($ENVA) reported a 22% revenue growth, beating estimates, and loan originations above $1B. HCA Healthcare ($HCA) reported a 7% revenue increase, beating estimates, and raised guidance for revenue, EBITDA, and EPS. Coursera ($COUR) reported a 23% revenue increase, beating guidance and estimates, and raised 2023 revenue guidance.
August 04, 2023 | 4:38 pm
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POSITIVE IMPACT
Coursera reported a 23% revenue increase, beating guidance and estimates, and raised 2023 revenue guidance.
Coursera's strong earnings report and raised guidance indicate a positive outlook for the company. This could potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Enova International reported a 22% revenue growth, beating estimates, and loan originations above $1B.
The strong earnings report and loan growth despite challenging credit conditions indicate a positive outlook for Enova. This could potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
HCA Healthcare reported a 7% revenue increase, beating estimates, and raised guidance for revenue, EBITDA, and EPS.
HCA's strong earnings report and raised guidance indicate a positive outlook for the company. This could potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80