Uber, Chipotle, Disney, and Ford: Earnings Recap

Yahoo Finance breaks down this week's recent earnings reports from top companies like Disney and Uber.

Yahoo Finance Anchor Josh Lipton remarked on Chipotle's Q4 earnings, saying, "This stock had already been up...it was up about 25% since November."

D.A. Davidson Senior Research Analyst Tom White went through Uber's recent earnings report, "It was a clean, broad-based, upside kind of quarter...They've delivered a little bit of upside basically across all the segments on all the line items that you'd want to see." While White noted the stock has been a "relative outperformer" this past year, expectations are still inconsistent with what Uber's earnings say.

While the Walt Disney Company's public boardroom battle takes place, KeyBanc Capital Markets Research Analyst Brandon Nispel noted how Disney CEO Bob Iger's challenger, billionaire Nelson Peltz, should be very happy with Disney's recent earnings. Nispel said, "Disney, for the first time ever, talked about getting to a double-digit sustainable margin." When asked about what the potential timeline of this margin would be, Nispel stated it will likely be closer to 2027. Santa Clara University Associate Professor Ye Cai talked about Disney's dividend increase bodes well for the company and the market, "I'm glad to see Disney is re-initiating dividends, and that is usually a welcoming sign to the market."

Yahoo Finance Reporter Pras Submaranian discussed Ford's recent earnings, and the likelihood of higher losses in 2024. Submaranian said, "Many people thought we'd see...the same level of investment there." Submaranian also noted there will likely be a new EV truck from Ford, similar to the F-150, in coming years, but until then, "Still more investment, probably still more losses, until you...turn that tide."

Key video moments:

00:00:05 - Yahoo Finance Anchor Josh Lipton discusses Chipotle's impressive earnings report

00:00:32 - D.A. Davidson Senior Research Analyst Tom White talks about expectations from Wall Street on Uber

00:00:59 - KeyBanc Capital Markets Research Analyst Brandon Nispel and Santa Clara University Associate Professor Ye Cai break down what Disney's earnings mean for invesotrs and Nelson Peltz

00:01:53 - Yahoo FInance Reporter Pras Submaranian discusses Ford's recent earnings, and when we can expect a new EV truck from the American automaker

Transcription de la vidéo

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JOSH LIPTON: Yeah. What's impressive too, just initially, is this stock had already been up a bunch. I mean, it was up about 25% since November. It was up more than 40% in just the past 12 months. At least initially we're popping here in the after hours. I mean, it's going to be interesting with margins beating like that. I want to hear more about the consumer, Julie, and when they're entering these Chipotle restaurants, what are they ordering? Ordering it like they did six or nine months ago, or are they trading for cheaper options. I think will be interesting to hear about.

TOM WHITE: Yeah, look, I wouldn't say it was terrible at all. I mean, I think it was a clean, broad-based, upside quarter. They've delivered a little bit of upside, and basically across all the segments on all the line items that you'd want to see. The stock has really been a relative outperformer over the last six to 12 months. And so, I think in that situation you get expectations maybe getting a little ahead of themselves potentially over the last few weeks, heading into the print.

BRANDON NISPEL: I think in regards to the direct to consumer business, the non-sports business, in particular, Peltz got probably everything he wanted. Disney for the first time ever talked about getting to a double digit sustainable margin. I think the question will be how long will it take Disney to get there. From our perspective it's more of a 2027 type of timeline. So still a couple of years out.

YE CAI: It's not an easy battle in the short term, and Disney have showed really nice earnings this past quarter, and they have also do all other kinds of things to really please the investor. For example, they just announced to increase their dividend from $0.30 to $0.45. So that's their planned dividend payout. I'm glad to see that Disney is really initiating dividend, and that is usually a welcoming sign to the market.

PRAS SUBRAMANIAN: Yeah, we're going to see more losses, steeper losses in 2024 compared to 2023, which I think was maybe a little bit surprising. Maybe people thought we'd see the a same level of investment there. So they've spoken about seeing the new F-150 truck, EV truck in 2025. I think you might see that and maybe it'll come out in 2026. I think that's realistic given like how different it might be software defined vehicles, things like that. So I think that's what we're talking about. So the next couple of years it's going to be still more investment, probably still more losses, until you turn that tide there.

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