Here are today’s notable earnings movers: Note: fundamental rank in brackets does not include latest results
UP
Anixter International (AXE) Electronics Wholesale, fundamental rank [24/30] up 5%, continues to soar to all time highs
Harsco (HSC), Conglomerates, [23/30] up 5%, also continuing to soar to new all time highs
Chicago Mercantile (CME) Business/Management Services, [27/30] up 3%, despite rising 5 fold in the last 2 years, breaking out of yet another nice looking base
DOWN
Somanetics (SMTS), Medical Appliances & Equip, [26/30], down 16%, taking out 200DMA
Nasdaq (NDAQ), BusinessSoftware&Services, [26/30], down 12%, carving out right side of base
ICU Medical (ICUI), Medical Instruments & Supplies , [24/30], down 10%, falling back into long base
Phelps Dodge (PD), Copper, [26/30], down 3%, still looks very strong; in nice uptrend along 50DMA
In an effort to democratize the conference call market, David Jackson, of Seeking Alpha is providing (free of charge), selected conference call transcripts. In the past you have had to subsribe to expensive services in order to receive transcripts, but David is stepping up efforts to provide an increasingly large number of transcripts at his blog. Yet another example of how financial blogs are helping self investors level the playing field!
If you’re a financial blog owner he’s allowing you to quote from the transcripts provided a link to the source is provided (www.seekingalpha.com). Very cool indeed! Thanks for your efforts David.
Here are a few important links regarding the transcripts:
Earnings calendar for companies that will be published: http://seekingalpha.com/article/5661
Here’s a list of transcripts up so far: http://seekingalpha.com/article/3683
Here are the latest transcripts: http://seekingalpha.com/by/type/transcripts/
I’m going to try something new for this round of earnings. IN the past I’ve tried to highlight several earnings reports in the morning and the evening, but it just got to be too much. What I’m going to do is let the market sort out the good reports from the bad and will post those companies that are moving significantly up or down following earnings from the night before and premarket. I’ll still highlight a few companies in detail but it certainly won’t be every day.
Stocks highlighted are taken from the database of stocks that I cover (around 800 that meet my criteria for good fundamentals). I’ll include my fundamental rank for each stock (a score out of 30). The following are moving today on earnings reports:
* note: fundamental rank does not include the latest report
UP
Citrix Systems (CTXS) [rank 25/30] up 14%
Seagate (STX) [24/30] up 7%
Ebay (EBAY) [27/30] up 5% and bouncing off support of 50DMA
DOWN
United Healthcare (UNH) [rank 25/30] down 2.5% and continues to drop below support of 50DMA
Knight Transportation (KNX) [27/30] down 2.5% and testing support of the 50DMA
Apple (AAPL) [27/30] down 4.5%
Logitech (LOGI) [26/30] down 14% and slice through support of 50DMA, down nearly 20% in 2 days
Hansen Natural (HANS) [29/30], maker of alternative sodas, fruit juices, smoothies and iced tea, posted anothe monster quarter, lifted by a continued surge of sales in its Monster energy drinks and rising margins.The company smashed estimates of .60/share by .23/share, which is good for an increase of 246% over the year ago quarter. Revenues rose 100% over the same period.
The company said results were boosted by strong sales of its energy drinks, including Monster Energy drinks, ‘Assault’ drinks and Monster Energy Khaos drinks. The sales increase was partially off-set by lower sales of smoothies and natural sodas. The stock broke out last week from a nice looking base, helped by a Citigroup upgrade. It’s up over 15% in premarket trading.
Good morning – here are a two top companies that could move today on recently reported earnings announcements. Scores in brackets are the proprietary fundamental score from SelfInvestors.com.
[26/30]
Housevalues.com (SOLD), the provider of internet based marketing for the real estate market reported a very strong quarter yesterday afternoon which should provide a bounce off support of a nice looking base. EPS growth surged 129% over the year ago quarter with revenue growth of 82%. The company recently launched a very cool tool for consumers and real estate professionals called HomePages.comwhich combines the power of aerial maps, neighborhood information and real estate listings.
The company has 6 pending patents covering novel aspects of its mapping technology applicable to real estate and various other commercial industries. The company also recently announced the acquisition of The Loan Page Inc. The Loan Page provides consumers with competitive offers from up to four lenders. The company markets these consumer requests to enterprise-level customers, including some of the nation’s largest banking and lending institutions. The Loan Page’s mortgage lead generation platform is expected to allow HouseValues to expand its mortgage offerings and meet a broad variety of mortgage industry needs by offering a comprehensive menu of online products. The stock is up more than 10% in premarket trading.
Dyanamic Materials (BOOM) , which is engaged in high energy metallurgical bonding, isn’t showing any signs of slowing with another outstanding quarter reported this morning. The company reported EPS growth of 225% with revenue growth of 68% over the year ago quarter. Margins increased in the quarter as well as the backlog of orders. The stock broke out of a 6 month consolidation yesterday and may add to those gains this morning.
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