{"id":133,"date":"2005-10-19T17:02:46","date_gmt":"2005-10-19T22:02:46","guid":{"rendered":"http:\/\/www.selfinvestors.com\/tradingstocks\/?p=133"},"modified":"2005-10-19T17:02:46","modified_gmt":"2005-10-19T22:02:46","slug":"notable-earnings-amgen-amgn-satyam-say","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/company-earnings\/notable-earnings-amgen-amgn-satyam-say\/","title":{"rendered":"Notable Earnings: Amgen (AMGN), Satyam (SAY)"},"content":{"rendered":"<p>Lots of earning to run through tonight.. i&#8217;ll be fairly brief.&nbsp; Lots of research to do and new features to implement over at the member site.&nbsp; Once again I start with companies with the best fundamental score and will then highlight the best of the rest (Note: these scores don&#8217;t include the latest results)<\/p>\n<p><strong><u>Companies with Fundamental score of [26\/30]<\/u><\/strong><\/p>\n<p><strong>Satyam Computer (SAY),<\/strong> the Indian outsourcer reported earnings and revenues that beat analyst estimates handily with revenue and net profit increasing 34% from the year ago period.&nbsp; Satyam looks very good technically and may bounce nicely off the 50 day moving average tomorrow.&nbsp; However this is a group that is very week.&nbsp; Its competitors (INFY, WIT, CTSH) all look more and more like short opportunities every day.<\/p>\n<p><strong>Amgen (AMGN)<\/strong> is getting hit in after hours trading after posting revenue growth below estimates.&nbsp; Excluding one time charges the company posted earnings of .85\/share which beat analyst estimates of .83\/share as well as the whisper number of .84\/share.&nbsp; That&#8217;s a 33% increase over the year ago period.&nbsp; The problem is in the revenue, which just missed analyst estimates by 40 million and rose by just 16% from the year ago period.&nbsp; It marks the first time in several years that the company posted quarter over quarter revenue growth below 20%.<\/p>\n<p><strong>Navteq Corp (NVT),<\/strong> a GPS maps\/navigation company, beat revenue estimates, but missed on earnings by a penny when excluding a one time tax benefit.&nbsp; The stock had been strong technically, but looks like it may knife through the 50 day moving average tomorrow, at least at the open.<\/p>\n<p><strong><u>Best of the Rest<\/u><\/strong><\/p>\n<p><strong>LifeLine Systems (LIFE) [25\/30] <\/strong>a leader provider of personal response services, grew earnings 24% and revenue 17% from the year ago period which beat analyst estimates.&nbsp; This is an incredibly consistent company and this kind of result has been automatic for the last several years.&nbsp; The stock is currently forming a good looking long shallow base.<\/p>\n<p><strong>Labor Ready (LRW) [24\/30] <\/strong>beat both revenue and earnings estimates with growth in earnings and revenue of 40% and 22% respectively.&nbsp; <strong>The stock is soaring over 25% after hours<\/strong>.&nbsp; The didn&#8217;t blow out estimates, so not sure why the steep rise, but gross margins continued to improve in the quarter and also raised guidance.<\/p>\n<p><strong>Harman Intl (HAR) [24\/30] <\/strong>blew out estimates and beat by .12\/share, but revenue growth continues to come in on the light side with quarter over quarter growth of just 9%.&nbsp; Revenue was shy of estimates.&nbsp; But appears Wall St. likes the earnings as well as in the increased guidance for &#8217;06.&nbsp; The stock is up over $4 and may break out of consolidation tomorrow.<\/p>\n<p><strong>Covance (CVD) [24\/30],<\/strong> a contract pharma testing company, posted earnings growth of 24% (in line) on revenue growth of 15%.&nbsp; Margins increased and the company raised guidance for &#8217;05.&nbsp; Results this quarter were solid, but it marked the end of 5 straight quarters of accelerating earnings and revenue growth.&nbsp; The stock is currently carving out the right side of a base on base pattern and looks strong technically.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lots of earning to run through tonight.. i&#8217;ll be fairly brief.&nbsp; Lots of research to do and new features to implement over at the member site.&nbsp; Once again I start with companies with the best fundamental score and will then highlight the best of the rest (Note: these scores don&#8217;t include the latest results) Companies &hellip; <a href=\"https:\/\/selfinvestors.com\/tradingstocks\/company-earnings\/notable-earnings-amgen-amgn-satyam-say\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Notable Earnings: Amgen (AMGN), Satyam (SAY)<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-133","post","type-post","status-publish","format-standard","hentry","category-company-earnings"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/comments?post=133"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/133\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}