Upstart, Plug, Lucid, Affirm, Disney all miss on earnings and plunge in after hours bloodbath

Lots of growth stocks down after hours in a blood bath of missed earnings with Disney being the latest large cap to hit new 52 week lows

$UPST huge double miss and terrible guide:

• Q3 EPS -$0.24 vs -$0.08 estimate

• Q3 sales $157M miss $169.42M estimate

• Q4 sales $125-145M vs $185.33M estimate

$DIS double miss on estimates

Q4 EPS $0.30 vs $0.56 S&P Capital IQ Consensus Estimate;
Revs $20.15 bln vs $21.44 bln Estimate

Q4 Media Rev down -3% YoY
Q4 Parks Rev up +36% YoY

FY Media Rev up + 8%
FY Parks Rev up +73%

Q4 Seg Op Income up +1% YoY
FY Seg Op Income up 56% Yo

$AFRM

Q1 EPS ($0.86) vs est. ($0.84)
Revenue $361.62M vs est. $360.04M

GUIDANCE:
Q2 2023 revenue $400-420M vs est. $433M

FY2023 revenue $1.6-1.75B vs est. $1.71B

$LCID earnings:

• EPS $(0.40), $(0.31) Estimate
• Sales: $195.50M, $209.06M Estimate

$PLUG Plug Power posts a big sales miss this quarter…

~EPS: $(0.30) vs $(0.23) est
~SALES: $188.62M vs $248.41M est

$AMC earnings:

• EPS: $(0.20) Beats $(0.24) Estimate
• Sales: $968.40M Beat $961.09M Estimate