Booking Holdings Inc. (NASDAQ:BKNG) shares closed more than 3% higher on Thursday following the company’s reported Q1 results, with record gross travel bookings of $27.3 billion, up 129% year-over-year. Quarterly EPS was $3.90, significantly better than the consensus estimate of $0.90. Revenue came in at $2.7 billion, beating the consensus estimate of $2.54 billion.

Alongside strong bookings, revenue and EPS beat, the quarterly results and April performance indicate likely share gains globally as well as in the U.S.

Analysts at RBC Capital estimate the company grew bookings 700-800 bps faster than Expedia Group’s lodging bookings while thinking the gap expanded more meaningfully in April when the company grew bookings by over 30% compared to Expedia.

According to the analyst, Europe cross-border has clearly been coming back, however, Asia remains down high-teens in April suggesting there’s more cross-border strength yet to be unlocked in the event that COVID complies.

The analysts increased their price target on the company’s shares to $2,800 from $2,700, while reiterating their outperform rating.

Albemarle Corporation (NYSE:ALB) shares closed around 10% higher on Thursday following the company’s reported Q1 results, with adjusted EPS coming in at $2.38, above the consensus estimate of $1.64. Net sales were $1.12 billion, beating the consensus estimate of $1.03 billion.

The dramatic upside to the guidance was due to a substantial upside to Lithium and Bromine prices and an acceleration in Wodgina production.

Analysts at Oppenheimer said they are encouraged to see the company driving incremental Lithium volumes (20-30% year-over-year growth) and note guidance now implies year-over-year Lithium EBITDA growth of 200-225%. The company is migrating Lithium price floors higher while transitioning further to index pricing.

The company provided its full 2022-year outlook, expecting net sales of $5.2-5.6 billion (vs. $4.20-4.50 billion prior), significantly above the consensus estimate of $4.4 billion.

Fastly, Inc. (NYSE:FSLY) shares dropped around 18% on Thursday following the company’s Q1 results, as well as the announced resignation of CEO and Director Joshua Bixby.

Quarterly EPS came in at ($0.15), worse than the Street estimate of ($0.14), while revenue of $102.4 million (up 21% year-over-year) beat the consensus estimate of $98.96 million.

Analysts at RBC Capital view the resignation of Joshua Bixby as a negative sign, especially for a company that already has a lot of work to do to regain credibility with investors.

The company expects Q2/22 EPS in the range of ($0.18)-($0.15), worse than the consensus of ($0.14), and revenue in the range of $99-102 million, compared to the consensus of $99.5 million.

For the full 2022-year, the company expects EPS of ($0.60)-($0.50), compared to the consensus of ($0.55), and revenue of $405-415 million, compared to the consensus of $407.2 million.

Playa Hotels & Resorts N.V. (NYSE:PLYA) shares closed more than 5% higher on Friday following the company’s reported Q1 results, with EPS of $0.26 coming in above the consensus estimate of $0.11. Revenue was $219.57 million, beating the consensus estimate of $193.46 million.

Oppenheimer analysts believe the ADR (up 27% versus 2019) and EBITDA margin were highlights of the quarter. They view Q1 as a strong quarter and an indication that the company is executing at a high level and well positioned to take advantage of strong leisure travel trends. The company’s management commented that its booking pace remained strong during Q1, leading to an H2/22 booked revenue position well ahead of 2021.

DoorDash, Inc. (NYSE:DASH) reported its Q1 results, with revenue of $1.46 billion coming in better than the consensus estimate of $1.37 billion, while EPS of ($0.48) missing the consensus estimate of ($0.41).

US restaurant marketplace orders grew over 250% from Q1/20 to Q1/22. The number of orders during the quarter was 404 million, up 23% year-over-year.

Economies of scale are showing through lower Dasher costs quarter-over-quarter and year-over-year. The company anticipates more efficient capital redeployment at Wolt post-acquisition (expected to close in Q2/22), keeping the EBITDA outlook unchanged.

The company expects Q2 adjusted EBITDA of $0-$100 million, compared to the consensus estimate of $82.5 million, and marketplace gross order value of $12.1-$12.5 billion, compared to the consensus estimates of $12.11 billion.

Shopify Inc. (NYSE:SHOP) shares lost more than 20% since Wednesday’s close on disappointing Q1 results, with EPS of $0.20 coming in worse than the Street estimate of $1.00. Revenue was $1.2 billion, missing the Street estimate of $1.6 billion.

Quarterly GMV and MRR both missed consensus estimates, and commentary indicates tougher compares and a shift from goods to services will remain headwinds into Q2 and beyond, thus driving 2022 estimates lower. Furthermore, accelerating S&M investments against a slowing merchant backdrop, along with a recommitment to invest all gross profit back into the business, raises questions on unit economics, particularly as margins broadly come more into focus for investors.

The company also announced the acquisition of asset-light 4PL Deliverr for $2.1 billion for 80% cash and 20% stock, in order to help accelerate the timeline to scale Shopify Fulfillment Network.

According to the analyst at Deutsche Bank, this acquisition helps Shopify better compete with Amazon’s Buy with Prime, by offering ‘Shop Promise’ 2-day or next-day delivery, as well as potentially limits the longer-term Capex-heavy investment cycle, given Deliverr’s success in leveraging 3PL partners.

SolarWinds Corporation (NYSE:SWI) shares lost around 10% since Wednesday’s close following the company’s reported Q1 results. While the results came in better than expected, the full-year EPS guidance missed the estimates.

Q1 EPS was $0.24, compared to the consensus of $0.22, and revenue was $176.9 million, compared to the consensus of $174.62 million. Total ARR remained relatively flat as 30% year-over-year subscription ARR growth was offset by a 6% decline in maintenance ARR.

The company’s management noted the early success of their hybrid observability solution and migration journey to SaaS. The company provided its full 2022-year outlook, expecting EPS in the range of $0.88-$0.95, below the consensus of $1.05, and revenue in the range of $730-750 million, compared to the consensus of $741 million.

Analysts at RBC Capital said they remain optimistic about their long-term growth but remain cautious in the near term due to uneven macros. The analysts lowered their price target on the company’s shares to $14 from $16, while reiterating their sector perform rating.

Cloudflare, Inc. (NYSE:NET) shares lost more than 15% on Friday, despite the company’s reported strong Q1 results, with EPS of $0.01 coming in above the consensus estimate of $0.00. Revenue increased 54% year-over-year to $212.2 million, beating the consensus estimate of $205.65 million. The company exhibited strong operating leverage and saw operating margins improve by 700 bps to 2.3%, with gross margins up 110bps.

According to Oppenheimer analysts, the company does a great job in selling a single product and then using its insights to upsell other services. There are hundreds of new products launched each year and ten or so major ones, all leveraging the same infrastructure/platform. The company is uniquely bundling in four key services that have large TAMs: networking, security, cloud compute and platform.

The company expects Q2/22 EPS in the range of ($0.01)-$0.00, compared to the consensus of $0.00, and revenue in the range of $226.5-227.5 million, compared to the consensus of $217.9 million.

For the full 2022-year, the company expects EPS in the range of $0.03-$0.04, compared to the consensus of $0.03, and revenue of $955-959 million, compared to the consensus of $932.7 million.

Emerson Electric Co. (NYSE:EMR) reported its Q2 results last week, with EPS of $1.29 coming in better than the consensus estimate of $1.18. Revenue was $4.79 billion, compared to the consensus estimate of $4.71 billion.

Automation Solutions orders grew 17% to $6.4 billion and backlog grew $0.4 billion sequentially and approximately $0.9 billion year-to-date after rising 16% in 2021.

The pipeline for LNG investment is pulling forward nicely, with 250 million tons per annum of capacity this decade, compared to 125 million each of the past two decades.

The company provided its full 2022-year outlook, expecting EPS to range from $4.95 to $5.10, compared to the consensus estimate of $5.01.

Analysts at Oppenheimer provided their views following the results, adjusting their 2022 EPS estimate to $5.10 from $5.00 and 2023 EPS estimate to $5.55 from $5.45. The analysts lowered their price target to $110 from $115, while reiterating their outperform rating.

Deutsche Bank analysts shared their outlook on SmartRent, Inc. (NYSE:SMRT) ahead of the company’s Q1 results. The company’s shares are down 58% since the start of the year.

The analysts expect in-line quarterly results and reiteration of full-year revenue and EBITDA guidance. While supply chain issues have worsened in recent months, given that the company provided guidance in late March, the analysts believe management has likely already factored in most of the supply issues when determining the full year outlook.

The analysts continue to believe the key performance metrics to monitor are the total deployed & committed units that they expect to grow approximately 60% in 2022, as well as hosted service ARPU that they expect to grow around 50%.