Q: Your thoughts please on the quarter?
Thx Blake
Thx Blake
5i Research Answer:
EPS of 62c beat estimates of 58c; revenue of $9.84B missed estimates of $10.8B. EBITDA was $3.87B, ahead of $3.75B estimated. Cash flow was $3.08B, nicely ahead of $2.69B estimated. Financial guidance and outlook were affirmed. Despite the revenue miss, we consider cash flow a more important metric, and would consider these numbers fairly solid overall.