Post 10/20 Q3 FY21' Earnings Analysis

21 thg 10, 2021

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