All Reports

We stick with our Gross Order Value (GOV) and EBITDA forecasts for DoorDash (DASH; $58.42; E/W) ahead of Q1 results and outlook, scheduled for next Thursday (5/4 after market). We expect Q1E EBITDA to land…

Frankly, it is hard to know what to fully expect when Lyft (LYFT; $10.20; E/W) hosts its Q1 call next Thursday (5/4 after market) given a recent CEO change (from co-founders to a Board member)…

We reduce F2023/F2024E (Sep) EPS for Plexus (PLXS; $88.04; E/W) from $5.50/$6.65 to $5.40/$5.95 after its second consecutive “beat and lower” quarter, albeit with much more volatility on both sides of the total EPS equation….

Mobileye Global (MBLY; $43.09; E/W) reported Q1 adjusted EPS of $0.14, which was ahead of our $0.11 and the Street’s $0.12 on sales of $458mm (+16% YoY and -19% QoQ). By comparison, we were modeling…

We reduce 2023/2024E EPS for Amphenol (APH; $73.91; E/W) from $2.92/$3.15 to $2.83/$3.05 after its relatively modest Q1 EPS beat ($0.69 vs. our $0.66 and the Street’s $0.67) that was accompanied by guidance, which for…

Plexus (PLXS; $88.49; E/W) reported FQ2 (Mar) non-GAAP EPS of $1.45, which beat our consensus matching $1.15 on some sales upside ($1,071mm vs. our $1,050mm and consensus of $1,046mm). Recall, PLXS’ FQ2 guidance called for…

We adjust our F2023/F2024E (Sept) EPS for TE Connectivity (TEL; $120.27; E/W) from $6.60/$7.50 to $6.50/$7.25 after some FQ2 (Mar) upside, albeit with another round of guidance that is below our and Street thinking. Specifically,…

Amphenol (APH; $74.87; E/W) reported Q1 non-GAAP EPS of $0.69, which was ahead of our $0.66 and the Street’s $0.67 led by some sales upside ($2,974mm vs. our $2,888mm and the Street’s $2,901mm). As per…

TE Connectivity (TEL; $124.18; E/W) reported FQ2 (Mar) non-GAAP EPS of $1.65, which beat our $1.57 and the Street’s $1.58 on better than expected sales ($4,160mm vs. our $3,900mm and consensus of $3,915mm). By comparison,…

The shares of Sensata (ST; $44.14; O/P) traded down 8% in what we think proves a major overreaction to Q1 results and outlook that we see still holding up relatively well, especially in the context…

We stick with our below consensus 2023/2024E EPS of $1.90/$2.20 for Corning (GLW; $33.37; E/W) after the company produced a slight Q1 beat with Q2E guidance that was basically in-line with expectations, albeit with a…

Corning (GLW; $33.66; E/W) reported Q1 “core” EPS of $0.41, which was ahead of our and the Street’s $0.39 on core sales of $3,367mm (vs. our $3,300mm and the Street’s $3,343mm). Recall, GLW targeted Q1…

Sensata (ST; $47.87; O/P) reported adjusted Q1 EPS of $0.92, which was ahead of our $0.88 and the Street’s $0.87 on somewhat higher sales than were in our model ($998mm, vs. our $988mm and the…

We reiterate our Outperform and bump up our target from $95 to $100 on the shares of Jabil (JBL; $78.81; O/P) after hosting an investor visit last Wednesday (4/19) to its rapidly expanding operations in…

On Friday (4/20), the shares of Lyft (LYFT; $10.44; E/W) traded up 6% after the company disclosed mid-day through a blog post from new CEO David Risher, aimed at the company’s employees, that it was…