Lucid Group(NASDAQ:LCID) Q4 2022 revenue of $257.7 million, compared to $26.39 million in the same period last year

/ / Consumer Discretionary /

February 22, 2023 — Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced financial results for its fourth quarter and full year ended December 31, 2022. Lucid Group, Inc. (NASDAQ: LCID)  reported a Q4 diluted loss  of $0.28 per share,Three analysts polled by Capital IQ expected a loss of $0.42. Revenue for the quarter ended Dec. 31 was $257.7 million, Four analysts surveyed by Capital IQ expected $273.6 million. The Company produced 3,493 vehicles during Q4 at its manufacturing facility in Arizona and delivered 1,932 vehicles during the same period. On a full-year basis, the Company produced 7,180 vehicles, exceeding the 2022 annual production guidance of 6,000 to 7,000 vehicles, and delivered 4,369 vehicles in 2022. Lucid today also announced its 2023 annual production guidance of 10,000 to 14,000 vehicles. Lucid reported fourth quarter revenue of $257.7 million and annual revenue […]

Lucid Group(NASDAQ:LCID) Q4 2022 revenue of $257.7 million, compared to $26.39 million in the same period last year Read Post »

Teladoc Health(NYSE:TDOC) Q4 2022 revenue of $637.7 million, up 15% year-over-year

/ / Health Care /

February 22, 2023 — Teladoc Health, Inc. (NYSE: TDOC), the global leader in whole-person virtual care, today reported financial results for the fourth quarter and full year ended December 31, 2022. the company reported a wider Q4 net loss  of $23.49 per diluted share, Analysts polled by Capital IQ forecast a per-share loss of $0.23. Revenue for the quarter ended Dec. 31 was $637.7 million, Analysts surveyed by Capital IQ projected $633.4 million. For Q1, the company expects a net loss of $0.45 to $0.55 per share on revenue of $610 million to $625 million. Analysts polled by Capital IQ are looking for a per-share loss of $0.42 on revenue of $648.7 million. For 2023, the company said it expects a per-share net loss of $1.25 to $1.75 on revenue of $2.55 billion to $2.68 billion. Analysts surveyed by Capital IQ are expecting a per-share loss of $1.39 and revenue of $2.7

Teladoc Health(NYSE:TDOC) Q4 2022 revenue of $637.7 million, up 15% year-over-year Read Post »

Carvana(NYSE:CVNA) Q4 2022 Revenue totaled $2.837 billion, down 24% year-over-year

/ / Consumer Discretionary /

February 23, 2023 – Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars online, today announced financial results for the quarter and full year ended December 31, 2022. Carvana Co. (NYSE: CVNA) reported a Q4 net loss of $7.61 per share,Analysts polled by Capital IQ, had been expecting a $2.40 per share loss. Summary of Q4 2022 and 2022 Results Q4 2022 Financial Results: Retail units sold totaled 86,977 a decrease of 23%. Revenue totaled $2.837 billion, a decrease of 24%. Total gross profit was $193 million, a decrease of 63%. FY 2022 Financial Results: Retail units sold totaled 412,296, a decrease of 3%. Revenue totaled $13.604 billion, an increase of 6%. Total gross profit was $1.246 billion, a decrease of 35%. Total gross profit per unit was $3,022, a decrease of $1,515 , Non-GAAP Total GPU (defined above) was $3,337. In FY 2022, we

Carvana(NYSE:CVNA) Q4 2022 Revenue totaled $2.837 billion, down 24% year-over-year Read Post »

Berkshire Hathaway(NYSE:BRK.A) Q4 2022 net profit $18.164 billion,down 54.18% year-over-year

/ / Financials /

February 25, 2023 — Berkshire Hathaway(NYSE:BRK.A) Earnings (losses) of Berkshire Hathaway Inc. and its consolidated subsidiaries for the fourth quarter and full year of 2022 and 2021 are summarized below. Earnings (losses) are stated on an after-tax basis. (Dollar amounts are in millions, except for per share amounts). BERKSHIRE HATHAWAY INC. and Subsidiaries CONSOLIDATED STATEMENTS OF EARNINGS Approximately $2.6 billion was used to repurchase Berkshire shares during the fourth quarter bringing the total for the year to approximately $7.9 billion. Berkshire Hathaway (NYSE:BRK. A) In Q4 2022, the profit per EPS was $12,412, and the market expected a profit of $5,436.9, compared to a profit of $26,690 in the same period last year. Revenue in 2022 was $302.089 billion, compared to $276.094 billion in the previous year. The net loss in 2022 was $22.819 billion, and the net profit in the fourth quarter was $18.164 billion, compared to a profit of $39.646 billion in

Berkshire Hathaway(NYSE:BRK.A) Q4 2022 net profit $18.164 billion,down 54.18% year-over-year Read Post »

Best Buy(NYSE:BBY) Q4 2023 revenue of $14.735 billion,down 9.3% year-over-year

/ / Consumer Discretionary /

March 2, 2023 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the 13-week fourth quarter ended January 28, 2023 (“Q4 FY23”), as compared to the 13-week fourth quarter ended January 29, 2022 (“Q4 FY22”). Best Buy Co., Inc. (NYSE: BBY)  reported fiscal Q4 adjusted earnings  of $2.61 per diluted share, Analysts polled by Capital IQ expected $2.14. Revenue for the quarter ended Jan. 28 was $14.74 billion, Analysts surveyed by Capital IQ expected $14.80 billion. For fiscal 2024, the retailer said it expects adjusted earnings of $5.70 to $6.50 per diluted share. Analysts surveyed by Capital IQ expect $6.67. The company expects revenue to be between $43.80 billion and $45.20 billion for the fiscal year. Analysts polled by Capital IQ expect $45.76 billion. Comparable Sales Declined 9.3% GAAP Diluted EPS of $2.23 Non-GAAP Diluted EPS of $2.61 Increased Quarterly Dividend 5% to $0.92 per Share Expects FY24

Best Buy(NYSE:BBY) Q4 2023 revenue of $14.735 billion,down 9.3% year-over-year Read Post »

Scroll to Top