Highlights of the day: 21 October

FinMeUp highlights of the day

South Africa

Santova Limited- Trading statement

• The company expects an EPS of between 75.25 cents per share and 80.07 cents per share, representing an increase of between 56.1% and 66.1%.

Raubex Group Limited- Voluntary Trading Statement in respect of the six-month period ended 31 August 2022

• The company expects an EPS of between 154.6 cents and 168.7 cents per share, representing an increase of between 10% and 20%.

Spear REIT Limited- Unaudited Interim Results and Dividend Declaration for The Six Months Ended 31 August 2022

• Revenue increased by 2.48% to R294 million.
• Earnings per share increased by 23.71% to 40.23 cents per share.
• Portfolio occupancy rate of 93.53%.

The U.S.

Cathie Wood

• Cathie Wood and Ark Invest bought 66 190 more shares of Tesla yesterday.
• She also sold 59 252 shares of Nvidia.

Twitter

• Elon Musk told prospective investors in his deal to buy Twitter that he planned to get rid of nearly 75% percent of Twitters workforce.

Snapchat earnings

• EPS of $0.08 beating expectations of -$0.02.
• Revenue of $1.13B missing expectations of $1.14B.
• Snapchat's subscription service Snapchat+ now has more than 1.5 Million paying subscribers.

Coca-Cola

• Coca-Cola just declared a quarterly dividend of $0.44 per share unchanged from its previous dividend.

American Express earnings

• Revenue of $13.6B, beating expectations of $13.5B.
• EPS of $2.47, beating expectations of $2.39.

Verizon earnings

• Revenue of $34.2B, beating expectations of $33.8B
• EPS of $1.32, beating expectations of $1.29.