The Zacks Analyst Blog Highlights: Amazon, Microsoft, Intel and Alphabet
For Immediate Release
Chicago, IL – April 28, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Amazon (NASDAQ: AMZN – Free Report ), Microsoft (NASDAQ: MSFT – Free Report ), Intel (NASDAQ: INTC – Free Report ) and Alphabet (NASDAQ: GOOGL – Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
Here are highlights from Thursday’s Analyst Blog:
Big Tech Q1 Earnings Spigot Opens: AMZN, MSFT, GOOGL, INTC
The biggest reporting day of Q1 earnings season Thursday capped off with four of the biggest big tech players reporting: Amazon (NASDAQ: AMZN – Free Report ), Microsoft (NASDAQ: MSFT – Free Report ), Intel (NASDAQ:INTC – Free Report ) and Alphabet (NASDAQ: GOOGL – Free Report ). As we've seen in other sectors during this earnings season, positive surprises on the headline numbers continue to abound.
Internet of Things giant (and one-company wrecking ball of big-box retail) Amazon.com has released an earnings beat directly after the closing bell today to $1.48 per share on quarterly sales of $35.7 billion. These figures favorably compare to the $1.03 per share and $35.39 billion expected in the Zacks consensus estimate. Amazon Web Services (AWS), now the company's most profitable business, brought in $3.6 billion for the quarter, which is in-line with expectations. Amazon shares are up 5% in the post-market to fresh all-time highs. For more, click here .
Intel beat earnings estimates by a penny to 66 cents per share on $14.8 billion in Q1 revenues, which is basically in-line with estimates. Demand in high-performance computing is what Intel's top brass is chalking this up to. This marks at least the fifth straight earnings beat for Intel, though by a slimmer margin this time around.
Software behemoth Microsoft posted a 4-cent beat for its fiscal Q3 earnings to 73 cents per share. Sales in the quarter amounted to $23.56 billion, just a smidge higher than the Zacks consensus was looking for. Guidance for upcoming quarters and full years will be addressed in the upcoming earnings call. Microsoft is pleased with the gains it has made in the cloud space recently.
Search engine king Google's holding company Alphabet posted a big beat on the bottom line: $7.73 per share, where analysts were looking for $7.24. Revenues were even a bigger stunner in the quarter, bringing in $24.75 billion as opposed to the estimated $19.65 billion for the last 3 months. Paid clicks rose 44% year over year while costs per click fell 19%. You could do a lot worse.
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free .
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Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Microsoft Corporation (MSFT): Free Stock Analysis Report
Intel Corporation (INTC): Free Stock Analysis Report
Alphabet Inc. (GOOGL): Free Stock Analysis Report
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