Post 10/25 Q3 FY21' Earnings Analysis

26 oct. 2021

FB, KMB, BRO, LOGI, LII

FB - Facebook - reported earnings of 3.22/share beating estimates of 3.19/share - revenue of 29.01B vs. 29.57B estimates up 35% (YoY), net income rose to 9.2B up 17% YoY

Reported daily active users of 1.93B
Company said it’s adding 50B to its stock buyback program - helping lift the shares ~2% in extended trading
Expects Q4 revenue of $31.5 billion to $34 billion

KMB - Kimberly-Clark - reported earnings of 1.62/share missing estimates of 1.66/share - sales came in at $5,01B a 7% increase YoY - bottom line declined from 1.72/share YoY

Profit reported of 745M down from 806M (7.6%) YoY thanks to a rise in costs of 480M. Increase in pulp & polymer-based materials, distribution, as well as energy costs led to a rise in input costs
These were somewhat offset by organic sales growth, reduced marketing, research and general expense as well as cost savings of 115M & 35M from the FORCE (Focused On Reducing Costs Everywhere) program & the 2018 Global Restructuring Program
Quarterly earnings were hurt by escalated inflation &supply chain disruptions leading to higher-than-anticipated increase in costs

BRO - Brown & Brown - quarterly earnings of 0.58/share beating estimates of 0.52/share an 11.54% earnings surprise - revenues of 770.3M vs 674M a 14.3% increase YoY

Over the last four quarters - company has surpassed consensus EPS and Revenue estimates four times!
Shares have added ~40.2% since the beginning of the year versus the S&P 500's gain of 21%

LOGI - Logitech - reported earnings of 2.45/share beating estimates by a whopping 126.9% - bottom improved 0.84/share YoY - net sales of 1.67B surged 85% YoY - gross profit jumped more 2x to 754.2M an increase of 122.1% YoY

Logitech’s Gaming segment sales soared 78% YoY 436.4M -Video Collaboration sales skyrocketed 218% YoY to 292.5M - Audio & Wearables segment sales jumped 87% YoY to 153M

LII - Lennox International - reported quarterly earnings of 3.40/share - missing estimates of 3.64/share an earnings surprise of (6.59%) - revenues of 1.06B missing estimates by 6.11%

Over the last four quarters the company has surpassed consensus EPS estimates three times
The company has topped consensus revenue estimates three times over the last four quarters

Lennox shares have added about 14% since the beginning of the year versus the S&P 500's gain of 21%