Tuesday 3.28.17 Before Market Open Earnings Results: Tuesday 3.28.17 After Market Close Earnings Results:
Thursday 3.30.17 Before Market Open Earnings Results: Thursday 3.30.17 After Market Close Earnings Results:
Tuesday 4.4.17 Before Market Open Earnings Results: Tuesday 4.4.17 After Market Close Earnings Results:
Bespoke’s Most Volatile Stocks on Earnings Apr 10, 2017 Bespoke has some of the most comprehensive earnings season analysis you’ll find. One of the main products included with our Bespoke Institutional service is our Interactive Earnings Report Database. This database contains more than 128,000 quarterly earnings reports from individual companies going back to 2001. At right we show what percentage of these individual companies have beaten or missed both EPS and revenue estimates (consensus analyst estimates) since 2001. As shown, 61% of earnings reports have been EPS “beats,” while 59% have been revenue “beats.” Just 7% of all quarterly earnings reports have seen the company raise forward guidance. In terms of share price reaction, the average stock that reports earnings sees an initial gap up of 0.11% on its first trading day following earnings. It then sees an average decline of 0.02% from the open to the close of trading for a full one-day change of +0.09% on its “earnings reaction day.” (For a stock that reports before the open, its earnings reaction day is that trading day. For a stock that reports after the close, its earnings reaction day is the next trading day.) Finally, in terms of earnings reaction day volatility, the average stock that has reported since 2001 has seen an average absolute 1-day change of +/-5.54%. This means you can expect any given stock to see a move of +/-5.54% on its first trading day following its quarterly earnings report. Obviously, some stocks are more volatile than others. Each quarter prior to the start of earnings season, we publish our list of the 40 most volatile stocks on earnings. The stocks that made our list below trade for more than $5/share and have at least 10 quarterly earnings reports in our Interactive Earnings Report Database. As shown, Rubicon Project (RUBI) tops the list with an average move of +/-17.83%! You can expect RUBI to see a one-day move of close to 1/5th of the company’s value when it opens for trading following its report on May 2nd. ChannelAdvisor (ECOM) ranks 2nd with an average move of +/-16.20%, while RetailMeNot (SALE) ranks 3rd at +/-15.46%. Yelp (YELP) and LendingTree (TREE) round out the top five at +/-15%+. Other notables on the list of most volatile stocks on earnings include Netflix (NFLX), Tableau Software (DATA), Travelzoo (TZOO), WayFair (W), Twitter (TWTR), First Solar (FSLR), and FireEye (FEYE). For each stock on the list, we’ve also included its year-to-date % change and its short interest as a percentage of float (SIPF). You’ll notice that while some stocks are up nicely in 2017, there are plenty that are down quite significantly to start the year as well. Stocks that are down big that also have high levels of short interest are set up to see big upside moves if they can post even remotely positive numbers. Conversely, stocks that are up significantly with low short interest levels could see big downside moves if they don’t knock the cover off the ball. Most Volatile Large Cap Stocks on Earnings Apr 10, 2017 In our prior post we highlighted our quarterly list of the most volatile stocks on earnings. That list contains stocks across the market cap spectrum, and it’s mostly made up of small-cap names. For those that want to see a list of more widely traded names, below is a list of the most volatile stocks on earnings that have market caps greater than $5 billion. As shown, Netflix (NFLX) tops the list with an average one-day move of +/-13.87% in reaction to earnings. Twitter (TWTR) ranks second, followed by Vipshop (VIPS), Priceline (PCLN), Align Tech (ALGN), and Akamai Tech (AKAM). Amazon.com (AMZN) is another name on the list with an average move of +/-9.61% on its earnings reaction days. With a market cap of more than $425 billion, a 9% move represents a swing of more than $40 billion in market cap once per quarter. Other notables on the list of most volatile large-cap stocks on earnings include Michael Kors (KORS), Ulta Beauty (ULTA), Nvidia (NVDA), Expedia (EXPE), Chipotle (CMG), Tesla (TSLA), Baidu (BIDU), and Under Armour (UA). Many of you likely own at least one or two of the names on the list below, so be sure to keep a close eye on them heading into their earnings reports this season. Remember, you can always use our Interactive Earnings Report Database to get a sense of how these names typically trade.
Tuesday 4.18.17 Before Market Open Earnings Results: Tuesday 4.18.17 After Market Close Earnings Results:
