Highlights of the day: 27 July

FinMeUp highlights of the day

South Africa

Prosus & Naspers- Share repurchase update

• Between 18 July and 22 July, the Group repurchased 659,095 Naspers Shares for a total of US$102,026,758.
• Between 18 July and 22 July, Prosus repurchased 5,681,167 Prosus Shares for a total of US$393,078,074.

British American Tobacco PLC- Half-year report to 30 June 2022

• Revenue grew 3.7% to GBP12,869 million.
• Revenue from New Categories grew 45% to GBP1,283 million.
• Profit from operations grew 4.9% to GBP5,645 million.
• Non-combustible product consumers increased by 2.1m to 20.4m.
• Vapour revenue grew 48%.
• Glo revenue grew 44%.
• Modern Oral revenue up 37%.
• New Category contribution losses reduced by over 50% to GBP222m.
• Adjusted diluted EPS up 5.7%
• Operating cashflow conversion of 77%.

Avi Limited- Trading statement for the year ended 30 June 2022

• Consolidated headline earnings per share is expected to increase to between 524,8 cents and 534,8 cents per share, representing an increase of between 5% and 7%.

Pepkor Holdings Limited

• Coronation Asset Management (Pty) Limited has reduced its investment in Pepkor Holdings and now holds 4.99% of the Companys issued ordinary share capital.

The U.S.

Microsoft earnings

• EPS of $2.23 missing expectations of $2.29.
• Revenue of $51.87B missing expectations of $52.45B.
• The company expects double-digit sales growth in 2023.

Google earnings

• EPS of $1.21 missing expectations of $1.32.
• Revenue of $69.69B missing expectations of $70B.
• Google acquired YouTube for $1.65 Billion back in October 2006.
• In Q2 2022 YouTube brought in $7.34 Billion of revenue from ads.

Cathie Wood

• Cathie Wood and Ark Invest bought 1.77M shares of Shopify today.
• They also sold 1.42M shares of Coinbase.

Visa earnings

• EPS of $1.98 beating expectations of $1.74.
• Revenue of $7.28B beating expectations of $7.06B.

Shopify earnings

• EPS of -$0.03 missing expectations of $0.03.
• Revenue of $1.30B missing expectations of $1.33B.
• Shopify said it expects 2022 to be more of a transition year.

T-Mobile earnings 

• EPS of -$0.09
• Revenue of $19.70B missing expectations of $20.11B.

Boeing earnings

• EPS of -$0.37 missing expectations of -$0.16.
• Revenue of $16.68B missing expectations of $17.55B.

Biggest winners and losers

JSE

• Thungela +5.06%
• Omnia -11.09%

U.S.

• PayPal +7.88%
• Moderna -3.51%

Crypto

• Bitcoin +2.2%
• Ethereum +7.2%
• BNB +6.4%