Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of LinkedIn Corp (NYSE: LNKD) were up about 8 percent at time of publication. The company reported earnings of $0.55 per share on revenue of $711.74 million, doubling its guidance, which called for earnings of $0.28 per share on sales of $672.5 million.
The results also beat the Street’s consensus estimate, which pointed towards earnings of $0.32 per share on sales of $681.56.
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Also surging on its earnings report is Expedia Inc (NASDAQ: EXPE), which rose about 6.5 percent after the bell rang. The online travel company issued earnings of $0.89 per share on revenue of $1.66 billion, up 11 percent year-over-year. Analysts were modeling consensus earnings of $0.85 per share on sales of $1.661 billion.
On the other hand, shares of Electronic Arts Inc. (NASDAQ: EA) were down more than 3 percent. Earnings came in at $0.15 per share, and sales at $693 million. Experts were projecting earnings of $0.04 per share on revenue of $674.33 million, while management had guided earnings of $0.00 per share on sales of $640 million.
Nonetheless, the stock is tumbling on weak guidance. The company is expecting adjusted EPS of $2.85 and revenue of $4.3 billion for 2016, versus analysts’ estimate of $2.80 per share and $4.8 billion.
Amgen, Inc. (NASDAQ: AMGN) was up almost 2 percent after hours following another earnings beat. The biotech company delivered EPS of $2.57 on revenue of $5.37 billion, above the Street’s consensus of $2.43 and $5.32 billion. In addition, management boosted its full-year guidance, which now calls for EPS of $9.55 to $9.80, up from $9.35 to $9.65, and revenue between $21.1 billion and $21.4 billion, up from $20.9 billion to $21.3 billion.
Finally, Boston Beer Co Inc (NYSE: SAM) was trading up almost 3 percent after the bell. The U.S. brewer reported EPS of $2.18 on revenue of $252.2 million, versus experts’ expectations for EPS of $1.83 on sales of $248.8.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.