{"id":12361,"date":"2018-10-31T07:47:30","date_gmt":"2018-10-31T12:47:30","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=12361"},"modified":"2018-10-31T07:47:30","modified_gmt":"2018-10-31T12:47:30","slug":"before-the-open-oct-31-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=12361","title":{"rendered":"Before the Open (Oct 31)"},"content":{"rendered":"

Good morning. Happy Wednesday. Happy Halloween. <\/span>
\n The Asian\/Pacific<\/strong> markets posted mostly big gains. Japan, China, Hong Kong, India, New Zealand, Taiwan, Malaysia, Singapore, Thailand and the Philippines moved up at least 1%. Europe, Africa and the Middle East<\/strong> are currently doing extremely well. The UK, Denmark, France, Poland, Germany, Turkey, the UAE, Russia, South Africa, Finland, Switzerland, Norway, the Netherlands, Belgium, Austria, Sweden and the Czech Republic are up more than 1%. Futures in the States<\/strong> point towards a relatively big gap up open for the cash market. <\/span>
\n—————
\n VIDEO: <\/strong>LeavittBrothers.net Overview<\/a>
\n—————<\/span>
\n The dollar is flat. Oil and copper are up. Gold and silver are down. Bonds are down. <\/span>
\n Overnight Stock Movers<\/strong> from barchart.com…<\/span>
\n Facebook (FB +2.91%) is up nearly 4% in pre-market trading after it reported Q3 EPS of $1.76, above consensus of $1.47.<\/span>
\n Paycom Software (PAYC +4.62%) fell nearly 9% in after-hours trading after it forecast Q4 adjusted Ebitda of $49.5 million to $51.5 million, weaker than consensus of $52.3 million.<\/span>
\n Electronic Arts (EA +3.99%) fell 6% in after-hours trading after it forecast Q3 adjusted revenue of $1.725 billion, weaker than consensus of $1.990 billion.<\/span>
\n T-Mobile US (TMUS -1.53%) rose more than 3% in after-hours trading after it reported Q3 adjusted Ebitda of $3.24 billion, stronger than consensus of $3.07 billion.<\/span>
\n Shutterfly (SFLY +2.42%) tumbled 12% in after-hours trading after it reported Q3 revenue of $368.8 million, weaker than consensus of $377.5 million, and then forecast Q4 revenue of $943 million to $993 million, the midpoint below consensus of $980.5 million.<\/span>
\n Yum China Holdings (YUMC +1.57%) climbed nearly 4% in after-hours trading after it reported Q3 adjusted EPS of 51 cents, above consensus of 45 cents.<\/span>
\n Exact Sciences (EXAS +4.72%) rallied 8% in after-hours trading after it reported Q3 gross margin of 75%, better than consensus of 72%.<\/span>
\n 3D Systems (DDD +8.51%) tumbled 18% in after-hours trading after it reported Q3 revenue of $164.5 million, well below consensus of $172.0 million.<\/span>
\n Whiting Petroleum (WLL +3.07%) rose 4% in after-hours trading after it reported Q3 adjusted EPS of 93 cents, well above consensus of 62 cents.<\/span>
\n Habit Restaurants (HABT +1.08%) jumped 10% in after-hours trading after it reported Q3 revenue of $104.6 million, better than consensus of $101.4 million, and then forecast full-year revenue of $397 million to $399 million, higher than consensus of $395.9 million.<\/span>
\n FireEye (FEYE +2.68%) rose 3% in after-hours trading after it reported Q3 adjusted EPS of 6 cents, better than consensus of 2 cents, and forecast Q4 adjusted EPS of 4 cents to 6 cents. higher than consensus of 3.8 cents.<\/span>
\n The Container Store Group (TCS +3.72%) sank 15% in after-hours trading after it reported Q2 net sales of $224.5 million, below consensus of $225.0 million.<\/span>
\n Clovis Oncology (CLVS -0.54%) slumped more than 21% in after-hours trading after it reported a Q3 adjusted loss per share of -$1.71, wider than consensus of -$1.60, and then forecast Q4 revenue “consistent with or slightly higher” than Q3 revenue of $22.8 million, weaker than consensus of $39.5 million.<\/span>
\n Tuesday’s Key Earnings<\/strong>
\n Allergan (NYSE:AGN) -7.6% on cautious 2018 guidance.
\n Amgen (NASDAQ:AMGN) -0.5% AH as expenses increased.
\n Anadarko Petroleum (NYSE:APC) flat AH on mixed Q3.
\n Baidu (BIDU) -0.8% AH on downside revenue guidance.
\n Baker Hughes (NYSE:BHGE) +2.5% swinging to a profit.
\n Coca-Cola (NYSE:KO) +2.5% on product innovation.
\n Cummins (NYSE:CMI) +2.3% beating profit estimates.
\n eBay (NASDAQ:EBAY) +1.4% AH with a slim earnings beat.
\n Electronic Arts (NASDAQ:EA) -5.5% AH on soft holiday guidance.
\n Facebook (FB) +3.1% AH as earnings topped forecasts.
\n Fiat Chrysler (NYSE:FCAU) -3.9% lowering its cash outlook.
\n General Electric (GE) -8.8% slashing dividend, DOJ probe.
\n Mastercard (NYSE:MA) -1.7% on disappointing revenue growth.
\n Pfizer (NYSE:PFE) -0.8% weighed down by generic competition.
\n T-Mobile (TMUS) +1.7% AH beating subscriber estimates.
\n Under Armour (NYSE:UAA) +27.7% on strong apparel sales.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span>
\n Today’s Economic Calendar<\/strong>
\n 7:00 MBA Mortgage Applications
\n 8:15 ADP Jobs Report
\n 8:30 Employment Cost Index
\n 9:45 Chicago PMI
\n 10:30 EIA Petroleum Inventories<\/span><\/span><\/span><\/span><\/span><\/span>
\nOther<\/strong>…<\/span>
\ntoday’s upgrades\/downgrades<\/a> from briefing.com<\/span>
\nthis week’s Earnings<\/a><\/span> from Morningstar
\nthis week’s Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning. Happy Wednesday. Happy Halloween. The Asian\/Pacific markets posted mostly big gains. Japan, China, Hong Kong, India, New Zealand, Taiwan, Malaysia, Singapore, Thailand and the Philippines moved up at least 1%. Europe, Africa and the Middle East are currently doing extremely well. The UK, Denmark, France, Poland, Germany, Turkey, the UAE, Russia, South Africa, […]<\/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\/12361"}],"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=12361"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/12361\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}