Good morning, I’m going to run through the earnings quickly this morning (meaning no charts this time). 

Starting at the top [with the rank in brackets]

[54/60] Gildan Activewear (GIL): beats by a penny, but misses on revs and issues downside guidance for Q4.  It issued in line guidance for the full year ’05 though.  The stock is well extended past a proper buy point and 14% above the 50 day moving average.

[51/60] LTC Properties (LTC): The REIT for nursing centers and assisted living did not have a strong quarter as earnings rose only 5% and revenues 2% from the previous quarter.  Earnings per share came in at .27/share vs. .42/share that the 2 analysts that follow the company expected.

[50/60] Westlake Chemical (WLK): The company missed analyst estimates by .06/share by posting earnings of .74/share.  The stock is currently forming a decent looking base and is looking to break out from a handle formation, but that base may be in jeopardy with today’s earnings report.

[50/60] Swift Energy (SFY): Another outstanding quarter ast the company beats by .07 and is up 4% in premarket trading.  The stock is well extended after breaking out at the beginning of May.  It’s up over 30% since then.

[49/50] Netease.com (NTES): EARNINGS BLOWOUT! The China online gaming company absolutely smashed estimates this morning by .17/share, good for a 131% increase over the year ago period.  The company also posted revenue growth that was double what analysts had expected, good for a 90% increase from the ’04 quarter.  The stock is soaring in premarket trading, up nearly 25%.

[49/50] Noble Energy (NBL): Same story for this oil company.  Handily beating estimates by .06/share as profits surge higher.

[48/50] Mine Safety Appliances (MSA) – misses by .07 and getting hit hard premarket

[47/50] Dominoes Pizza (DPZ) – Beats by .03/share, good for a 47% increase over the year ago period as same store sales increased.  Revenues came in a bit light with a 7% increase over the year ago period, but did beat the analyst estimate as well.

Best O The Rest..

Ansys (ANSS), Novamed (NOVA) and Fundtech (FNDT).

Note:  Ansys, Novamed and Fundtech are all looking to blast out of bases this morning.  Maybe earnings will provide just the boost they need!