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Saturday, February 22, 2020

Earnings this week : Feb 24 - 28, 20 (wk 9)

Monday (Feb 24)
  • Morning: AWI CRI CTB DIN XENT STAR SPNS
  • Afternoon: AWR APY APLE ARLO AXGN BWXT CDEV CSOD PLOW EPR EVER FBM GH HALO HLIO HLX HTZ HPQ INTU ITRI KAMN KEYS KTOS MEDP MMSI NSA OII OKE PANW APTS PROS RCII RTRX SAIL SHAK TNDM THC TREX XHR

Tuesday (Feb 25)
  • Morning: AMT AMWD AVNS BMO BNS BCC CBRL DNR DEA NPO ETM FI FRPT FCN HD INSM ICPT IRDM LNTH TREE LGIH LL M MNK MANU PRFT PGTI PRIM RLGY RHP SRC STWD TRI BLD TA TZOO TUP USCR SLCA UNVR VCEL WBT WWW
  • Afternoon: AKCA ALRM AMRN AGR BGS CZR CSGP DAR DK ENLC EVTC EXEL GWPH HEI HURN HY INFN INGN INSP PODD JAZZ LDL MTDR MATX MGRC NVRO ORA OUT PEN PLNT PBPB PSA RRGB RVLV RLJ RRD CRM SDC INN SUPN SYX CGBD REAL TOL TROX UIS VICR SPCE WRI WW

Wednesday (Feb 26)
  • Morning: AMCX AEE AMRX AVA CARS CHK CM CLH DAKT DY EV ESI ENDP FOSL FTDR GCP HZNP TILE IONS SJM LIVN LOW MGPI MIDD MRNA EYE NXST NI NOVT OCN ODP PZZA DOC PEG SABR SEAS SINA SBGI SSYS TLRA TJX TPB UTHR VER WB WEN WYND
  • Afternoon: DDD ACAD ADPT AEGN ALEX ANSS APA ACA ARNA EQH BMRN BEAT BKNG BOX WHD CRC CPE CVNA CHDN FIX CLR CLGX CCI CW CUTR EDIT ESTC ERI ECPG WTRG ETSY STAY FG FRGI FRTA GBT GTE GEF TWNK IIPR INST KW LB LHCG CLI VAC MAR MED NTRA NTES NTNX PTLA SRPT SILK SJI SWX SQ STAA SRI SYKE TCMD FTI TYDOC TELL TCOM TPC UHS UPLD UPWK ECOL WPG WPX

Thursday (Feb 27)
  • Morning: AAON ACIW GOLF PLAN BUD ANIP BBY CWT CBRE CNP CRAI CHS CCC CWEN CCOI CROX CRON DISCA EME EQT EQM EVOP EXLS FSS FLIR FLY FRO GCI GTX GTN HRI HGV IBP NTLA JCP KDP KOP LAUR NEO NLSN NVCR PDCO PRGO PRSC PWR REZI SAGE SAFM SRE SERV SRCL SHOO TGP TNK TTI TSG TD TRSUSPH VRTV
  • Afternoon: ACHC AMC AMH AGO ADSK AAXN BTG BIDU BYND CABO CDNA COLL SCOR CWK DELL DRQ EIX EOG EB FTCH FTAI GKOS HCAT HHC ICFI ICUI IMMU IQ IRTC LADR LYV MAIN MTZ MBI MNST MYL NKTR NNI NPTN OXY PAGS PBA PLYA PRAA PSTG RRC RP RWT RBA SWN SPPI RUN SWCH TRHC TTD TPIC VMW WES WDAY INT

Friday (Feb 28) 
  • Morning: AES CLNY FL ROCK MGLN PNM SSP SVC STRA SUP VST W

Friday, February 21, 2020

This week's biggest % winners & losers: Feb 17 - 21, 20 (wk 8)

This week's biggest % gainers/losers The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume)

This week's top % gainers
  • Healthcare: RCUS (17.32 +57.03%), CYH (7.18 +52.12%), SENS (1.44 +32.11%), ABEO (4.05 +27.76%)
  • Materials: EGO (9.93 +48.88%), HMY (4.13 +31.95%)
  • Industrials: ENPH (59.09 +43.81%)
  • Consumer Discretionary: STMP (174.47 +96.63%), DPZ (371.96 +27.56%), ASNA (5.59 +27.05%), CVNA (110.09 +24.23%)
  • Information Technology: TIVO (8.82 +28.76%), SEDG (142.07 +27.75%), SSTI (36.9 +24.79%), SPWR (10.2 +22.3%)
  • Financials: LM (50.35 +23.65%)
  • Consumer Staples: NBEV (2.68 +22.94%)

This week's top % losers
  • Healthcare: TVTY (12 -46.52%), MD (19.99 -25.41%), IMGN (5.41 -20.44%), TXMD (2.06 -16.94%)
  • Materials: TECK (10.92 -18.87%), KOP (28.69 -16.94%)
  • Industrials: FLR (14.74 -24.56%), KNL (21.31 -17.05%)
  • Consumer Discretionary: GRPN (1.65 -41.7%), AAN (43.33 -25.55%), SGMS (23.75 -17.59%), SIX (32.63 -16.78%)
  • Information Technology: APPN (48.65 -18.67%), VECO (14.99 -17.09%), CMCM (2.99 -15.3%),
  • Energy: GEL (14.61 -20.9%), CEIX (5.88 -16.48%)
  • Consumer Staples: FDP (28.66 -16.88%)

Thursday, February 20, 2020

-=Universal Display (OLED) reported earnings on Thur 20 Feb 20 (a/h)


Universal Display Cracks On Fourth-Quarter Miss, Coronavirus Warning
OLED display specialist Universal Display (OLED) late Thursday badly missed Wall Street's targets for the fourth quarter. It also warned that business interruptions from the coronavirus outbreak in China would crimp its sales. The Universal Display earnings news sent OLED stock sharply lower in extended trading.

The Ewing, N.J.-based company earned 56 cents a share on sales of $101.7 million in the December quarter. Analysts had forecast Universal Display earnings of 74 cents a share on sales of $103 million. In the year-earlier period, Universal Display earnings were 40 cents a share on sales of $70.1 million.

Universal Display guided to 2020 revenue of $430 million to $470 million. The midpoint of $450 million is below Wall Street's consensus estimate of $496 million. It posted 2019 sales of $405.2 million.

Universal Display makes technologies and materials used in OLED displays for smartphones, televisions and other devices. OLED is short for organic light-emitting diode. It also produces OLED lighting products.

OLED Stock Down In Late Trading
Universal Display stock tumbled 5.6% in after-hours trading on the stock market today. During the regular session ahead of the Universal Display earnings, OLED stock slipped a fraction to 178.77.

Universal Display stock hit an all-time high of 230.32 on Sept. 6. But over the next four weeks, it fell 31% before beginning to recover.

On Dec. 26, OLED stock broke out of a cup-with-handle base at a buy point of 208.11. During the next two weeks it climbed to a recent high of 222.20 on Jan. 9. It then trended sideways before it tumbled on concerns the China coronavirus outbreak would impact its business. That fall triggered the loss-cutting sell rule, under IBD trading principles.

In a Jan. 27 report, Susquehanna Financial Group analyst Mehdi Hosseini said the coronavirus epidemic could impact Universal Display's ability to ship materials into China's Wuhan, a major manufacturing hub. Wuhan is ground zero for the Covid-19 coronavirus outbreak.

OLED stock was under pressure ahead of the Universal Display earnings report. OLED stock has a middling IBD Relative Strength Rating of 52. The Relative Strength Rating measures a stock's 12-month performance on a 1-99 scale against all other stocks.

China Represents About 15% Of Universal Display Sales
Two of the leading Chinese OLED display manufacturers — CSOT and Tianma — have most of their OLED manufacturing facilities in the Wuhan area, Hosseini says. Universal Display is a key supplier of emitter material used in displays built by those companies, he says.

"We estimate about one-third of China's total OLED manufacturing capacity is located in Hubei province, including its capital city, Wuhan," Hosseini said.

China accounts for about 15% of Universal Display's total revenue, Hosseini says.

Universal Display Earnings Report Brings Dividend Hike
Also Thursday, Universal Display announced that it is raising its quarterly cash dividend by 50% to 15 cents a share. Its prior quarterly dividend was 10 cents a share.

The dividend is payable on March 31 to shareholders of record on March 17.

=First Solar (FSLR) reported earnings on Thur 20 Feb 20 (a/h)



First Solar Earnings Show Unexpected Loss As Revenue Falls Short

First Solar (FLSR) reported fourth-quarter results Thursday that showed an unexpected loss and also missed Wall Street estimates on revenue. The First Solar earnings report came after the market close.

The solar-panel maker also said it was "reviewing options" for its U.S. project development business.

First Solar reported a GAAP loss of 56 cents per share on revenue of $1.4 billion. Wall Street expected a GAAP profit of 31 cents on revenue of $1.86 billion, according to S&P Global Market Intelligence.

The company said it expects revenue in 2020 in the range of $2.7 billion to $2.9 billion, below estimates of $3.56 billion.

Working With Advisors
First Solar also announced it is "working together with advisors, reviewing options for its U.S. project development business."

"First Solar, at its core, is a technology and module manufacturing company," said Mark Widmar, chief executive of First Solar, in prepared remarks. "Given the significant evolution of developing utility-scale PV projects in the United States, we believe now is an appropriate time to evaluate our options with respect to our U.S. project development business line."

Founded in 1999 and headquartered in Tempe, Ariz., First Solar specializes in high-efficiency thin-film solar panels used mainly in utility-scale and some commercial installations. It also operates a downstream project development business.

The First Solar earnings report follows that of SolarEdge Technologies (SEDG), which reported Wednesday that beat estimates.

-=Domino's Pizza (DPZ) reported earnings on Thur 20 Feb 20 (b/o)



Domino's Pizza beats by $0.16, beats on revs; raises dividend 
  • Reports Q4 (Dec) earnings of $3.13 per share, excluding non-recurring items, $0.16 better than the S&P Capital IQ Consensus of $2.97; revenues rose 6.3% year/year to $1.15 bln vs the $1.13 bln S&P Capital IQ Consensus.
  • U.S. same store sales growth of 3.4% for the fourth quarter versus +5.6% in year-ago period; 3.2% for fiscal 2019 versus +6.6% for fiscal 2018. International same store sales growth of 1.7% for the fourth quarter versus +2.4% for year-ago period; +1.9% for fiscal 2019 versus +3.5% for fiscal 2018.
  • Two-to-three-year outlook calls for global retail sales growth of 7-10%, U.S. same store sales growth of 2-5%, international same store sales growth of 1-4%, and global net unit growth of 6-8%.
  • The company also announced an increase to the quarterly dividend; up to $0.78 from $0.65/share.