jnallain1

Post 10/20 Q3 FY21' Earnings Analysis

SP:SPX   S&P 500 Index
$TSLA, $VZ, $IBM, $NDAQ

$TSLA closed up ~+1.5% after reporting revenue that fell short of estimates - profit beat Q3 projections, despite a semiconductor shortage and supply-chain challenges that have troubled automakers

$VZ gained +2.4% yesterday following better-than-expected earnings numbers and a lower-than-expected customer churn rate, showing continuous growth

$IBM fell (5%+) in extended trading after missing revenue expectations and showing a decrease in gross margin vs. Q2 - also said that increased labor costs will be impacting their pricing in the future

$NDAQ posted beats on both EPS and Revenue for the 4th straight quarter - largely thanks to strong performances by both the Solutions and Market Services businesses
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