Johnson & Johnson released its 1Q17 earnings on April 18, 2017, reporting a ~1.6% rise in its top line in 1Q17 compared to 1Q16.
As of April 19, 2017, Dow Chemical (DOW) traded at a one-year forward PE ratio of 14.60x.
Netflix (NFLX) had free cash flow of -$423 million in 1Q17, compared to -$261 million in 1Q16. Last year, the company raised its debt to ~$1.0 billion.
The online television services trend is increasing. While Hulu is set to launch its online television service this year, Alphabet’s YouTube TV has currently launched in five cities in the United States.
Live sports are an extremely popular and lucrative revenue stream for media companies, helping them to generate revenue from advertising. So far, Netflix has stayed away from live sports.
Netflix (NFLX) has maintained that it intends to spend $6.0 billion on content and produce 1,000 hours of original programming in 2017.
Netflix (NFLX) is increasingly focusing on movies. Recently, the company appointed Scott Stuber to head its original movies business.
In international markets, Netflix (NFLX) had total streaming memberships of 47.9 million and net additions of 3.5 million members in 1Q17.
Netflix’s (NFLX) growth in the United States seems to be slowing. The company had total domestic streaming memberships of 50.9 million, in line with its internal estimates.
Goldman Sachs (GS) saw revenues of nearly $1.5 billion in its Investing and Lending division—far higher than in 1Q16 and similar to 4Q16.
GS stock has risen by 25% over the past six months and 57% over the past year, reflecting strong investment banking and institutional services revenues.
Goldman Sachs’s investment banking division posted revenues of $1.7 billion in 1Q17, representing a growth of 16% YoY on higher equity underwriting revenues.
Goldman Sachs (GS) reported 1Q17 EPS of $5.15, which was lower than consensus estimates of $5.31 and higher than its 1Q16 EPS of $2.68.
During its 1Q17 earnings event, HOG informed investors that it estimates its 2Q17 shipments to be about 4.0%–9.0% lower on a YoY (year-over-year) basis.
About 23.0% of the 22 analysts covering Harley-Davidson (HOG) stock gave it a “buy” recommendation, and 72.0% gave it a “hold.”
Harley-Davidson’s (HOG) gross margin from its motorcycle segment came in at 35.9%, which was below its 37.4% gross margin in 1Q16.
In 1Q17, Harley-Davidson’s revenues from HDFS were flat on a YoY (year-over-year) basis at $173.2 million. That compares to $173.4 million in 1Q16.
In 1Q17, Harley-Davidson’s motorcycle retail sales in international markets fell 1.8% YoY (year-over-year) to 21,733 motorcycle units.
In 1Q17, Harley-Davidson’s (HOG) revenues were ~$1.5 billion, which was 14.2% lower than ~$1.8 billion in 1Q16.
Harley-Davidson (HOG) released its 1Q17 earnings on April 18, 2017. It reported adjusted EPS of $1.05, which was 22.8% lower than $1.36 in 1Q16.