Good morning, I’m going to run through the earnings quickly this morning (meaning no charts this time). <\/p>\n
Starting at the top [with the rank in brackets]<\/p>\n
[54\/60] Gildan Activewear (GIL):<\/strong> 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.<\/p>\n [51\/60] LTC Properties (LTC):<\/strong> 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.<\/p>\n [50\/60] Westlake Chemical (WLK):<\/strong> 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.<\/p>\n [50\/60] Swift Energy (SFY): <\/strong>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.<\/p>\n [49\/50] Netease.com (NTES)<\/strong>: EARNINGS BLOWOUT!<\/strong> 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%.<\/p>\n [49\/50] Noble Energy (NBL):<\/strong> Same story for this oil company. Handily beating estimates by .06\/share as profits surge higher.<\/p>\n [48\/50] Mine Safety Appliances (MSA)<\/strong> – misses by .07 and getting hit hard premarket<\/p>\n [47\/50] Dominoes Pizza (DPZ)<\/strong> – 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.<\/p>\n Best O The Rest..<\/u><\/strong><\/p>\n Ansys (ANSS), Novamed (NOVA) and Fundtech (FNDT).<\/strong><\/p>\n Note<\/strong>: Ansys, Novamed and Fundtech are all looking to blast out of bases this morning. Maybe earnings will provide just the boost they need!<\/p>\n","protected":false},"excerpt":{"rendered":" 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. … Continue reading Notable Earnings: August 3rd Before the Bell<\/span>