Highlights of the day: 22 November

FinMeUp highlights of the day

South Africa

Naspers- Trading statement

• Naspers expects an EPS from total operations of between 2 467 U.S. cents and 2 679 U.S. cents, representing a decrease of between 81.4% and 88.4%.

Prosus- Trading statement

• Prosus expects an Earning per N share from total operations of between 805 U.S. cents and 875 U.S. cents, representing a decrease of between 79.9% and 86.9%.

Tsogo Sung Gaming Limited- Trading Statement for the six months ended 30 September 2022

• Earnings per share is expected to be a profit of between 62.0 cents per share and 66.0 cents per share, representing an increase of between 99% and 112%.

Momentum Metropolitan Holdings Limited- Operational update for the three months ended 30 September 2022

• EPS grew by 23% to 62.5 cents per share.
• Operating profit grew by 248% to R1 040 million.
• Return on equity grew from 15% to 20.9%.

Omnia Holdings Limited- Results for the six months ended 30 September 2022

• Revenue grew by 23% to R12 164 million.
• Operating profit increased by 47.4% to R1 066 million.
• Net working capital increased by 69% to R5 207 million.
• EPS increased by 7.8% to 304 cents per share.

Pepkor Holdings Limited- Reviewed Annual Results For The Year Ended 30 September 2022

• Revenue grew by 5.3% to R81.4 billion.
• Revenue negatively impacted by KZN floods and unrest.
• EPS grew by 24.7% to 165.5 cents per share.
• Net asset value per share grew by 8.4% to 1 706.5 cents.
• 4.2% compound annual growth in group like-for-like sales over three years.
• 319 new stores opened.
• Pepkor sells 7 out of 10 cell phones in South Africa.

Coronation Fund Managers Limited- Results for the year ended 30 September 2022

• Revenue decreased by 12% to R3.738 million.
• EPS decreased by 25% to 366.3 cents per share.
• The directors declared a final gross dividend of 172 cents per share which will be paid on Monday, 12 December 2022.

The U.S.

Twitter

• Twitter added another 1.6M daily active users this week, another all-time high according to Elon Musk.

Budweiser

• Budweiser will throw a celebration for the country that wins the FIFA World Cup with its massive stockpile of beer Qatar restricted it from selling inside the stadium.

SpaceX

• SpaceX's Starlink is now available in Canada and Alaska.

Dell earnings

• EPS of $2.30 beating expectations of $1.60.
• Revenue of $24.70B beating expectations of $24.53B.

Zoom earnings

• EPS of $1.07 beating expectations of $0.83.
• Revenue of $1.10B in line with expectations.