This week has been full of action in the market! In case you missed it, here’s a recap of what happened:
Goldman Sachs (GS): On Monday, Goldman Sachs reported earnings and impressed investors by beating analyst estimates. Their total revenue came in at $12.73 billion vs. $12.37 billion which was expected, resulting in a surprise of +2.89%. Currently, the stock is up +0.77% over the past 5 days.
Bank of America (BAC): On Tuesday, Bank of America reported earnings and beat analyst estimates. Their total revenue came in at $25.38 billion vs $25.20 billion which was expected, resulting in a surprise of +0.69%. Currently, the stock is up +3.19% over the past 5 days.
Johnson & Johnson (JNJ): Johnson & Johnson reported earnings on Wednesday and beat analyst estimates. Their total revenue came in at $22.45 billion vs. $22.34 billion which was expected, resulting in a surprise of +0.49%. Currently, the stock is up +3.15% over the past 5 days.
Netflix (NFLX): On Thursday, Netflix reported earnings that came in line with analyst estimates. Their total revenue came in at $9.56 billion vs. $9.53 billion which was expected, resulting in a marginal surprise of +0.30%. Currently, Netflix stock is down –0.45% over the past 5 days, largely due to guidance.
Discover (DFS): Discover reported earnings on Thursday that blew past Wall Street estimates. Their total revenue came in at $4.54 billion vs. $4.18 billion which was expected, resulting in a surprise of +8.56%. Currently, the stock is up an impressive +6.63% over the past 5 days.
TSMC (TSM): Also on Thursday, TSMC reported earnings and beat analyst estimates. Their total revenue came in at $637.51 billion vs. $656.00 billion which was expected, resulting in a surprise of +2.67%. However, TSMC stock is down -11.14% over the past 5 days.
American Express (AXP): Lastly, American Express reported earnings today that failed to beat analyst estimates. Their total revenue came in at $16.30 billion vs. $16.60 billion which was expected. Currently, the stock is flat over the past 5 days.
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