Friday's analyst calls: Street reacts to Apple buybacks and Coinbase earnings
This is CNBC Pro's live coverage of Friday's analyst calls and Wall Street chatter.
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This is CNBC Pro's live coverage of Friday's analyst calls and Wall Street chatter.
Expedia reported quarterly losses of 21 cents per share which beat the analyst consensus estimate of losses of 24 cents by 12.5%. Quarterly sales came in at $2.89 billion, beating the analyst consensus estimate of $2.81 billion by 2.81% and representing a 8.41% increase over sales of $2.67 billion from the same period last year.
Benchmark analyst reiterated Buy rating and $180 price target for Expedia. Lowered guidance for slower growth and increased marketing spend.
Pinterest shares rose after reporting strong Q1 results amidst an exciting earnings season. Analysts have optimistic outlook for partnerships with Amazon and Alphabet.
Amazon stock is seen as a winner by analysts after the Q1 results. Operating margins, AWS and the AI opportunity are highlighted as positives.