Category Archives: Earnings

Nike Beats

Nike beat estimates and is trading up 3.6 percent in the after hours session.  We picked up a small position thinking it should take out its high at $80.26 in the next few days. Here’s an interesting breakdown of sales … Continue reading

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S&P500 Testing Key Support

Hard to to discern the cause of the increase in chop in U.S. equities.  Cyprus?  Overbought? Earnings worry?  Strong dollar’s impact on earnings (see Oracle’s release)? Here’s what we said on March 4th: No doubt the stronger dollar will be … Continue reading

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FedEx Whiffs

FedEx down big on earnings miss.  Watch to see if this one can recover.  Our plan has been to lighten up on equities going into earnings as the big run has made stocks vulnerable to a correction around earnings, which, … Continue reading

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eBay Trends

eBay reported earnings after the bell beating top line estimates (see here for presentation).  They delivered organic y/y revenue growth of 19 percent, very impressive in such current sluggish macro environment.   We’re thinking the market rewards revenue growers. This … Continue reading

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Macro Notes From Alcoa’s Earnings Release

(click here if charts are not observable)

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China Not So Yummy

Wow! Take a look at YUM! Brands’ swan dive today on huge volume after they announced Q4 same store sales in China will be negative. For the fourth quarter, stronger than expected operating performance from Yum! Restaurants International and our … Continue reading

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Macro Notes from Caterpillar’s Earnings Release

Key Metrics Caterpillar Inc. (CAT) announced third-quarter 2012 sales and revenues of $16.445 billion, a 5-percent increase from third-quarter 2011 sales and revenues of $15.716 billion. EPS per share for Q3 2012 was $2.54, up 49 percent from $1.71 per … Continue reading

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IBM Revenues Fall, Confirms Slowing Economy

The New York Times reports, The results, analysts said, were unlikely to reassure investors concerned about the global outlook for technology spending. In a conference call with analysts, Mark Loughridge, I.B.M.’s chief financial officer, said the revenue shortfall came from … Continue reading

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Macro Notes from the FedEx Conference Call

The upshot – blame it on the global macroeconomic slowdown and they are  raising shipping rates.  Stagflation cometh? FedEx Corp. reported the following consolidated results for the first quarter: • Revenue of $10.79 billion, up 3% from $10.52 billion the … Continue reading

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Priceline down a hundo in AH

Take a look at this daily bar (including AH trading) . Glad we’re not drinking there. Priceline.com has fallen down the elevator shaft, dropping over $100, or about 16 percent,  in after hours after missing earnings and guiding lower.   The … Continue reading

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