NEW YORK (TheStreet) -- This was a huge week for earnings -- more than 100 companies reported. Names like Coca-Cola (KO), Johnson & Johnson (JNJ), Goldman Sachs (GS), Google (GOOG) (GOOGL) and General Electric (GE) all posted earnings. And all of them were trending in posts by cashtaggers on StockTwits.com.
Today let's look at the two earnings reports that are gaining the most social interest right now, Chipotle Mexican Grill (CMG) and General Electric.
1.) Chipotle posted one of its strongest earnings reports in history. In fact, the company set a new revenue record, earning $904.2 million for the quarter. On StockTwits, there's already been a 28% increase in message volume.
But something to keep an eye on is sentiment. Currently StockTwits' sentiment on Chipotle stands at 54% bullish vs. 46% bearish. Depending on which way sentiment tilts today, we could see a huge move in Chipotle shares.
Chipotle Mexican Grill $CMG Q1 EPS $2.64, revenue $904.2M; sees 180-195 new store openings in 2014-- Options Risk Management (@MitchellKWarren) Apr. 17 at 08:03 AM
$CMG Oh just a 29m revenue beat and same store sales up 13.4% in "bad weather". No biggie. Pass the guacamole please.-- The best to ever do it. (@BestEver) Apr. 17 at 08:40 AM
2.) General Electric also reported earnings early Thursday morning. It's been a top-trending ticker on StockTwits ever since. General Electric is a must-read earnings report because it conducts business and operates factories around the world. To some extent, it's an excellent indicator of global business conditions.
GE took a big hit on sales this year because they sold NBC to Comcast (CMCSA), but they did manage to beat estimates on the bottom line.
$GE reports Q1 adj. EPS 33c, cons. 32c; revs. $34.18B, cons. $34.36B (-2.3% YoY); on track to achieve $1B in structural cost-out for year.-- Jan (@xtremezz) Apr. 17 at 06:50 AM
$GE They sold nbc last year. That's why sales are down year over year. Solid earnings however.-- justin malarkey (@malarkeyracing73) Apr. 17 at 07:13 AM
At the time of publication, the author held no positions in any of the stocks mentioned.
This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.