{"id":11423,"date":"2018-02-22T08:37:29","date_gmt":"2018-02-22T13:37:29","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=11423"},"modified":"2018-02-22T08:37:29","modified_gmt":"2018-02-22T13:37:29","slug":"before-the-open-feb-22-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=11423","title":{"rendered":"Before the Open (Feb 22)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Thursday. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mostly down. China and New Zealand did well, but Japan, Hong Kong, South Korea, Indonesia, Singapore and the Philippines were weak. <strong>Europe, Africa and the Middle East<\/strong> 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 <strong>States<\/strong> were down overnight but now point towards a positive open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> VIDEO: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/udnVXIQdRQs\">There&#8217;s a Bull Market Somewhere<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is up. Bitcoin is down. Oil and copper are down. Gold and silver are down. Bonds are up. <\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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%.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> Wendy&#8217;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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> 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.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Wednesday&#8217;s Key Earnings<\/strong><br \/>\n<span style=\"font-size: medium;\"> Cheniere Energy (NYSEMKT:LNG) -2.2% amid weaker earnings.<br \/>\n<span style=\"font-size: medium;\"> Energy Transfer Partners (NYSE:ETP) +4.2% AH on a big Q4 beat.<br \/>\n<span style=\"font-size: medium;\"> Pandora (NYSE:P) +6.4% AH after a rise in subscription revenue.<br \/>\n<span style=\"font-size: medium;\"> Roku (NASDAQ:ROKU) -17.2% AH following a weak sales forecast.<br \/>\n<span style=\"font-size: medium;\"> Southern Co. (NYSE:SO) -1.3% posting mixed guidance for 2018.<\/span><\/span><\/span><\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 8:30 Initial Jobless Claims<br \/>\n<span style=\"font-size: medium;\"> 9:45 Bloomberg Consumer Comfort Index<br \/>\n<span style=\"font-size: medium;\"> 10:00 Leading Indicators<br \/>\n<span style=\"font-size: medium;\"> 10:30 EIA Natural Gas Inventory<br \/>\n<span style=\"font-size: medium;\"> 11:00 EIA Petroleum Inventories<br \/>\n<span style=\"font-size: medium;\"> 11:00 Kansas City Fed Mfg Survey<br \/>\n<span style=\"font-size: medium;\"> 1:00 PM Results of $29B, 7-Year Note Auction<br \/>\n<span style=\"font-size: medium;\"> 4:30 PM Money Supply<br \/>\n<span style=\"font-size: medium;\"> 4:30 PM Fed Balance Sheet<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Other<\/strong>&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\">today&#8217;s <a href=\"http:\/\/www.briefing.com\/investor\/calendars\/upgrades-downgrades\/\">upgrades\/downgrades<\/a> from briefing.com<\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/www.morningstar.com\/earnings\/earnings-calendar.aspx\">Earnings<\/a><\/span> from Morningstar<br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/mam.econoday.com\/\">Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11423"}],"collection":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11423"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/11423\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}