Earnings Season Ramps Up -- And We've Seen Some Surprises
4/23/202625 min
Earnings season is now in full swing, and we recently got a look at the latest results from Tesla (NASDAQ: TSLA) and some of the most prominent technology companies in the market. In today's episode, the team breaks down some of the key points investors need to know.Tyler Crowe, Matt Frankel, and Jon Quast discuss: The biggest surprises from Tesla's earnings report and call. Earnings from IBM, Texas Instruments, and GE Vernova. Why Progressive is down by more than 20% from the highs. Companies discussed: TSLA, IBM, TXN, GEV, PGRHost: Tyler CroweGuests: Matt Frankel, Jon QuastEngineer: Bart Shannon Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement.We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode.Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices
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Transcript preview
First 90 secondsTyler Crowe· Host0:00
[upbeat music] Earning season is ramping up, and we're here for Tesla. This is Motley Fool Money. [upbeat music] Welcome to Motley Fool Money. I'm Tyler Crowe, and today I'm joined by longtime contributors Matt Frankel and John Quast. You know, it's inadvertently become Elon Musk week. This, on Motley Fool Money this, this week, I think this is actually the fourth day in a row that we've discussed an Elon Musk company, either Tesla or SpaceX in some form or another. But today it's yesterday's, uh, earnings release from Tesla is gonna be the big starting point. In addition to that, we're gonna do a lightning round of several other companies that are reporting earnings. And as well, we're gonna jump into a mailbag question related to the insurance industry. But as I said at the top, we're gonna talk about Tesla here. Tesla reported an adjusted forty-one cents per share and beat analyst expectations for vehicle deliveries, revenue, and earnings. But it did fall short ever so slightly on energy storage deliveries. Now, there's a lot of ways we could go here because it is Tesla, it is Elon Musk. I'm sure we could... If we wanted to, we could do podcasts for the next five days just on the earnings release alone. But before we get too, too deep into it, I wanna ask you guys is, like, maybe one or two things that stood out to you, either in the earnings release or the conference call.
Jon Quast· Guest1:29
Yeah.