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COH always report before opening so you can not draw any conclusion that ER is not going to bad. Price action this morning is not impressive.
I disagree. They always report in the morning because they always have good news. There isn't a CEO anywhere that would schedule a bearish call before the open. Think about it.
You give logic a bad name. Strike three - you're out.
Reporting pattern or schedule is not set by how good is ER. Preopening report does not mean good report is coming. Life is not that simple.
I believe they will blow out the numbers and then guide higher - I think we will see late buying this PM!