If earnings beat estimates significantly a stock will decline. If earnings equal estimates a stock will go down. If earnings miss estimates a stock will go down.There is no point in a company providing guidance. What matters is quarter over prior year's quarter. If this continues to increase along with revenues a stock will increase in price.ABR fits this model. A good company with what sounds like (from the CC) a sustainable dividend. Probably a good time to add to long positions.
I agree about guidance. Add to the "missed expectation" another factor is the fed environment with rising rates. Mortage reits get hit harder. On the bright side, when rates level off or start to decline this stock will soar.
screw the rising rate bool crap.Rising rates takes year..YEARS to unfold..so who the f**k wants to hold a looser for that long?!@? This piece of crap is getting flushed.