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Wall Street Breakfast

Tesla and Google earnings ahead

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 20 April 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

Earnings season ramps up. (0:18) Trump vs. Powell (2:07) Netflix rises post-earnings. (4:12)  

Show Notes 
Earnings Calendar

Episode transcripts: seekingalpha.com/wsb
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Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's

0:09.9

market-moving events, along with the weekend's top news and analysis.

0:14.4

Hello, today is Sunday, April 20th, and I'm your host, Kim Kahn.

0:18.2

Welcome to earnings season.

0:30.5

Thank you. your host, Kim Kong. Welcome to earnings season. Two of the Magnificent 7 report this week, Alphabet and Tesla. Google parent Alphabet

0:36.3

announces on Thursday post market. The consensus EPS is

0:39.7

201, with a forecast of a 10.7% rise in revenue to 89.1.8 billion. As always, the search

0:47.1

giants advertising revenue and performance of its cloud business will be in focus. Visible Alpha

0:52.4

Consensus estimates see Q1 cloud revenue of 12.3 billion.

0:57.0

With massive spending on AI having been called into question recently, alphabet guidance and

1:02.1

commentary on estimated capital expenditures will be closely watched. Tesla numbers are due after

1:08.1

the close on Tuesday. Analysts are preparing for a mixed set of results,

1:12.0

reflecting the EV-makers' ongoing challenges and shifting market dynamics.

1:16.7

The consensus is for Tesla to report a modest year-over-year revenue increase

1:20.5

to around $21.7 billion,

1:23.1

but EPS is forecasted to decline to $0.43 down cents down from 45 cents a year ago.

1:28.1

The anticipated drop in profitability is largely attributed to the sharp declining vehicle

1:33.2

deliveries during the quarter to 336,681 units, marking Tesla's weakest quarterly delivery

1:40.2

performance in over two years. Also on the earnings calendar, on Monday, Smart Financial

1:45.5

and Comerica report, joining Tesla on Tuesday are GE Aerospace, Verizon, and Lockheed Martin,

1:52.1

Philip Morris, IBM, AT&T, ServiceNow and Boeing weigh in on Wednesday, P&G, Merck, and Intel

2:00.1

report along with Alphabet on Thursday.

...

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