Earnings Season: Checklist

Return to: Earnings Season

Below are the main things to be checked during the earnings season.

Meta Platforms

• Ad sales in Q1 2023.
• Revenue: Did it beat management/analysts guidance?
• Guidance for the next quarter below or above analysts estimate?
• Earnings per share(EPS): Did it beat management/analysts guidance?
• Daily/monthly active users.
• Capital expenses: Is operating expenses for 2023 still in play?
• Reality Labs losses.
• Performance of its Advantages+ AI. Is it compensating for the losses incurred due to Apple's policy change?
• Improvement in Reels
• Zuckerbergs comments on TikTok.
• Performance of Meta Verified.
• Comments on Threads.

Spotify

• Number of subscribers.
• Revenue and EPS results.
• Revenue and EPS outlook.
• Pricing
• Comments on expected launch of its Supremium subscription.
• Comments on AI.
• Advertising revenue.
• Performance of podcasts and audiobooks.
• Retention metrics.
• Products launched during the quarter and their expected results.
• CEO/CFO comments.

Volkswagen

• Revenue and EPS results.
• Revenue and EPS outlook.
• Profit margin result and outlook.
• Pricing
• China revenue performance.
• Impact of the economy on the business
• Supply chain issues.
• CEO/CFO comments on the economy.
• Order backlog.

Upwork

• Revenue and Earnings per share(EPS) results.
• Revenue and EPS outlook.
• Active clients
• Impact of AI on the business.
• Impact of the new pricing on the business.
• Impact of full-time hiring on the platform.
• Macroeconomic trends.
• Management changes.
• Transaction losses
• Impact of brand marketing

Sixt

• Pricing.
• State of travel demand.
• Revenue and EBT results and outlook.
• Marketing spend in U.S as well as marketing results.
• Number of electric vehicles in its fleet.
• Number of its global fleet.
• CEO/CFO comments on the economy.

1&1

• State of 5G rollout.
• Comments on the expected low-band frequency auction.
• Comments on the fine expected to be imposed by BNetza for failure to meet antenna sites obligations.
• Comments on national roaming on competitor's network.
• Comments on its contract with Vantage Towers(i.e BNetZa investigations on whether Vantage Towers is to be blamed for failure to meet its contract obligations).
• Revenue, EPS and number of contracts results and outlook.

Deutsche Wohnen

• Segment rental revenue.
• LTV.
• CEO/CFO comments.
• Property sales during the quarter.
• EBITDA/Loss.
• NAV.