© Reuters 
By Davit Kirakosyan
Investing.com -- Right here is your day-to-day Skilled Recap of the largest earnings headlines you can have skipped over on InvestingPro since the day earlier to this’s discontinuance. Initiating up your free 7-day trial to score this data first.
Rivian Automotive shares descend on enormous Q4 earnings miss
Rivian Automotive (NASDAQ:RIVN) shares dropped more than 8% pre-market at the present time after the firm posted vastly worse than expected Q4 revenues of $663 million (vs. consensus of $729M) because it delivered handiest 8,054 vehicles from 10,020 produced.
Adjusted EPS came in at ($1.73), in contrast to the consensus of ($1.96).
The firm’s manufacturing forecast for 2023 fell beneath analysts' expectations, with an anticipated manufacturing of fifty,000 vehicles and an adjusted EBITDA of ($4.3B) for the fleshy 365 days.
Novavax shares plummet on Q4 miss and launched 'going scenario' qualification
Novavax (NASDAQ:NVAX) shares plunged more than 24% pre-market at the present time after the firm reported a Q4 miss and launched a "going scenario" qualification.
EPS came in at ($2.28), worse than the consensus of ($1.19). Earnings became $357M, lacking the consensus estimate of $383.14M.
The firm stated it targets to decrease spending and characteristic effectively to maximize alternatives and mitigate uncertainties within the COVID-19 market, however celebrated there is mountainous doubt about its ability to continue as a going scenario for one 365 days due to the earnings and funding uncertainties.
HP experiences mixed Q1 outcomes, shares upward push
HP (NYSE:HPQ) rose more than 3% pre-market at the present time following mixed Q1 earnings outcomes. EPS came in at 0.75, greater than the consensus of $0.74, whereas earnings of $13.8B skipped over the consensus estimate of $14.15B due to the a weaker question backdrop for interior most computing and printer question.
The firm expects Q2/23 EPS within the range of $0.73-$0.83, in contrast to the consensus of $0.75. For the fleshy 365 days, EPS is expected in rather about a $3.20-$3.60, in contrast with consensus estimates of $3.29.
Puma posts sage 2022 revenues however sees 2023 earnings falling, hikes dividend
Puma (ETR:PUMG) (OTC:PMMAF) reported sage outcomes in 2022, with a 19% upward push in sales to €8.47B (€1=$1.0642), a 15% upward push in EBIT to €641M, and a 14% upward push in EPS to €2.36.
Regardless of the robust performance closing 365 days due to the components equivalent to the soccer World Cup and extinct euro, Puma expects profits to be tormented by forex actions, high freight rates, and raw materials costs.
It offered a massive forecast range of €590M-€670M for EBIT this 365 days, with earnings development expected to leisurely to correct below 10%.
Furthermore, the firm hiked its dividend by 14% to $0.82 a allotment, at the stop stop of its targeted payout range of 25%-35% of secure earnings.
Shares had been down more than 3% intra-day at the present time in Frankfurt.
First Solar rises on Q4 beat & greater-than-expected steering
First Solar Inc (NASDAQ:FSLR) shares rose more than 4% pre-market at the present time following greater-than-expected Q4 earnings and 2023 steering announcement.
EPS came in at ($0.07), in contrast to the consensus estimate of ($0.17). Earnings became $1B, in accordance with expectations.
For the fleshy 2023 365 days, the firm expects earnings within the range of $3.4-$3.6B, in contrast to the consensus of $3.34B, and EPS in rather about a $7-$8, in contrast to the consensus estimate of $4.77.
