{"id":89,"date":"2005-07-22T06:11:54","date_gmt":"2005-07-22T11:11:54","guid":{"rendered":"http:\/\/www.selfinvestors.com\/tradingstocks\/?p=89"},"modified":"2005-07-22T06:11:54","modified_gmt":"2005-07-22T11:11:54","slug":"earnings-highlights-last-night-before-the-bell-today","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/company-earnings\/earnings-highlights-last-night-before-the-bell-today\/","title":{"rendered":"Earnings Highlights: Last Night &amp; Before the Bell Today"},"content":{"rendered":"<p>A quick rundown of highlights from last night&#8217;s reports:<\/p>\n<ul>\n<li><strong>Google (GOOG)<\/strong> still trading down, but has recovered significantly in after hours after the company failed to issue a report that was 100% positive.&nbsp; While results were impressive, they didn&#8217;t exactly post blow out results and news of a summer slowdown and lawsuit with Microsoft are giving investors a reason to take some profits.&nbsp; Maybe this sets up a move to support of the 50 day moving average for the first time since April (to around 280).&nbsp; <\/li>\n<li><strong>Tempur-Pedic (TPX)<\/strong> is down more than 10% after hours after the company missed revenue estimates.&nbsp; Growth remains very good, but it appears that the torrid pace may be slowing.&nbsp; Barrons and CIBC both believe that the company faces increased competition and lower margins in the future.&nbsp; CIBC downgraded the stock this morning.&nbsp; Despite the news, Tempur Pedic still remains an outstanding company fundamentally and is one to keep an eye on.<\/li>\n<li><strong>Affymetrix (AFFX)<\/strong> is down nearly 15% after hours after the company missed estimates by a wide margin and guided lower for the 3rd quarter and full year &#8217;05.&nbsp; The stock has more than doubled in the last year so anything less than outstanding results was going to derail this stock&#8230; which is typically the case with most companies.&nbsp; Almost always wise to sell before or wait to initiate a position after earnings are reported.&nbsp; Not worth the risk.<\/li>\n<\/ul>\n<p>Better Results&#8230;<\/p>\n<ul>\n<li><strong>Ixia (XXIA):<\/strong> Reported results in line with estimates which resulted in another strong quarter.&nbsp; 100% quarter over quarter revenue growth and another 54%&nbsp; increase in quarter over quarter (year ago) in earnings growth.&nbsp; The stock actually sold off hard yesterday before earnings were reported and sliced through the 50 day moving average.<\/li>\n<li><strong>Stamps.com (STMP):<\/strong>&nbsp; Reported another very impressive quarter of growth as earnings growth continues to accelerate (138%, 150%, 217% and 250% in the last 4 quarters).&nbsp; Revenue grew at 74% quarter over&nbsp; quarter.&nbsp; The breakout in the stock that began late April failed to materialize and the stock remains below the 50 day moving average at this point.<\/li>\n<\/ul>\n<p>Also reporting solid results after the bell yesterday: <strong>CE Franklin (CFK),<\/strong> <strong>Computer Programs and Systems (CPSI)<\/strong><\/p>\n<p>_____________________________________________________________________<\/p>\n<p>A few earnings to report before the bell this morning:<\/p>\n<ul>\n<li><strong>Angiodynamics (ANGO)<\/strong>: stock is up more than 2% after reporting this morning.&nbsp; The stock is looking to break out to all time highs, but I don&#8217;t like the amount of insider selling in this company.&nbsp; <\/li>\n<li><strong>Fording Canadian Coal (FDG):<\/strong> the company will report this morning around 10AM EST.&nbsp; <\/li>\n<li><strong>Skywest (SKYW):<\/strong> reported results this morning in line with estimates.&nbsp; Quarter over quarter earnings growth reported at 24%, revenue growth at 44%.&nbsp; The stock has been basing for 2 years.<\/li>\n<\/ul>\n<p>Another very busy week for earnings next week &#8211; stay tuned!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A quick rundown of highlights from last night&#8217;s reports: Google (GOOG) still trading down, but has recovered significantly in after hours after the company failed to issue a report that was 100% positive.&nbsp; While results were impressive, they didn&#8217;t exactly post blow out results and news of a summer slowdown and lawsuit with Microsoft are &hellip; <a href=\"https:\/\/selfinvestors.com\/tradingstocks\/company-earnings\/earnings-highlights-last-night-before-the-bell-today\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Earnings Highlights: Last Night &amp; Before the Bell Today<\/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-89","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\/89","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=89"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/89\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=89"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=89"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=89"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}