Good morning. Happy Thursday.
The Asian/Pacific markets closed mostly down. China and New Zealand did well, but Japan, Hong Kong, South Korea, Indonesia, Singapore and the Philippines were weak. Europe, Africa and the Middle East are currently mostly down. Greece and Denmark are up, but the UK, Poland, Germany, South Africa, Finland, Hungary, Italy and Sweden are down. Futures in the States were down overnight but now point towards a positive open for the cash market.
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VIDEO: There’s a Bull Market Somewhere
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The dollar is up. Bitcoin is down. Oil and copper are down. Gold and silver are down. Bonds are up.
Stock headlines from barchart.com…
Stamps.com (STMP -2.68%) rallied nearly 12% in after-hours trading after it reported Q4 adjusted EPS of $4.68, well above consensus of $2.69, and then said it sees full-year adjusted EPS of $8.80 to $9.80, higher than consensus of $8.21.
Cheesecake Factory (CAKE +1.34%) fell 3% in after-hours trading after it reported Q4 restaurant comparable sales fell -0.9%, weaker than consensus of -0.7%.
Synopsys (SNPS -1.45%) gained over 2% in after-hours trading after it reported Q1 adjusted EPOS of $1.19, higher than consensus of $1.00, and then said it sees full-year adjusted EPS of $3.67 to $3.74, stronger than consensus of $3.51.
Avis Budget Group (CAR -2.45%) jumped over 7% in after-hours trading after it reported Q1 adjusted EPS of 45 cents, well above consensus of 21 cents, and said it sees full-year adjusted EPS of $2.90 to $3.75, the midpoint higher than consensus of $3.02.
Roku (ROKU -0.16%) plunged over 20% in after-hours trading after it said it sees Q1 revenue of $120 million to $130 million, weaker than consensus of $132 million.
MINDBODY (MB -0.30%) climbed over 6% in after-hours trading after it reported Q4 revenue of $49.7 million, above consensus of $49.0 million, and said it sees Q1 revenue of $53 million to $54.5 million, better than consensus of $52.5 million.
Applied Optoelectronics (AAOI +3.66%) dropped 8% in after-hours trading after it reported Q4 revenue of $79.9 million, below consensus of $86.5 million, and said it sees Q1 revenue of $67 million to $71 million, weaker than expectations of $86.4 million.
Five9 (FIVN +0.48%) rose almost 4% in after-hours trading after it reported Q4 adjusted EPS of 7 cents, better than consensus of 4 cents, and then said it sees Q1 adjusted EPS of 2 cents to 4 cents, above consensus of 1.1 cents.
Sailpoint Technologies (SAIL +2.69%) rallied over 11% in after-hours trading after it reported Q4 revenue climbed +53% y/y to $67.8 million.
Ultra Clean Holdings (UCTT -1.96%) fell over 5% in after-hours trading after it reported Q4 adjusted EPS of 59 cents, weaker than consensus of 60 cents, and said it sees Q1 adjusted EPS of 56 cents to 63 cents, the midpoint below consensus of 62 cents.
Wendy’s (WEN +0.75%) lost over 1% in after-hours trading after it reported Q4 comparable sales of +1.3%, weaker than consensus of +1.8%, and said it sees full-year adjusted EPS of 54 cents to 56 cents, below consensus of 61 cents.
Bandwidth (BAND +0.75%) jumped 12% in after-hours trading after it reported Q4 revenue of $42.5 million, above consensus of $41.7 million, and then said it sees 2018 total revenue of $188 million to $190 million, better than consensus of $181.4 million.
Pandora (P -8.63%) rallied 8% in after-hours trading after it reported Q4 revenue of $395.3 million, higher than consensus of $375.7 million.
Castlight (CSLT +8.45%) sank 9% in after-hours trading after it said it sees 2018 GAAP revenue between $150 million to $155 million, below consensus of $160.6 million.
Wednesday’s Key Earnings
Cheniere Energy (NYSEMKT:LNG) -2.2% amid weaker earnings.
Energy Transfer Partners (NYSE:ETP) +4.2% AH on a big Q4 beat.
Pandora (NYSE:P) +6.4% AH after a rise in subscription revenue.
Roku (NASDAQ:ROKU) -17.2% AH following a weak sales forecast.
Southern Co. (NYSE:SO) -1.3% posting mixed guidance for 2018.
Today’s Economic Calendar
8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
11:00 EIA Petroleum Inventories
11:00 Kansas City Fed Mfg Survey
1:00 PM Results of $29B, 7-Year Note Auction
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY