@4headtrade's post on eToro.com
www.etoro.com
🔔Mid Day Trading Update🔔
📅Wednesday 27/7/2022📅
🟢Bullish Activity🟢
$CMG
Leading the gainers this morning after the fast burrito chain reported Q2 adjusted earnings of $9.30 per share $0.27 beat on revenue that rose 17% YOY to $2.2B below the $2.25B consensus. The company’s operating margin was 25.2%, up from 24.5% in Q2 2021, due to the company’s decision to increase menu prices. The company said that it expects Q3 same-restaurant sales growth to be in the “mid-to-high-single digits” and plans on increasing prices once again in August. The July 29th 1500.00 call being the highest volume contract.
$MSFT
Also to the upside after the software and cloud giant reported fiscal Q4 earnings of $2.23 per share $0.06 miss on revenue that rose 12.4% YOY to $51.87B below the $52.36B consensus. The company’s Q4 Business Process segment revenue increased 13% YOY to $16.6B compared to guidance of $16.65-16.90B, Intelligent Cloud segment revenue increased 20% YOY to $20.9B compared to $21.10-
