LEA Lear Q1 Earnings Beat Views, Sales in Line
BY Midnight Trader — 7:32 AM ET 04/24/2015
Lear (LEA) reported Q1 earnings that exceeded analysts' estimates while sales were in line with the Street's view.
The supplier of automotive seating and electrical distribution systems said adjusted earnings rose 24% to $2.28 per share, exceeding the $2.19 average estimate from analysts polled by Capital IQ. Sales rose to $4.52 billion from $4.36 billion a year ago compared to the $4.51 billion consensus estimate.
Reported net income rose to $147.3 million or $1.86 per diluted share from $120.0 million or $1.47 the year earlier.
For 2015, Lear expects sales between $18.0 billion and $18.5 billion compared to the $18.55 billion consensus estimate and core operating earnings between $1.18 billion and $1.23 billion. The company didn't provide a per-share guidance range.
LEA closed lower 0.5% and then added back 0.4% in after-hours trade Thursday, near the top end of the 52-week range between $75.05 and $116.68. It was inactive in recent pre-market trade.
Watsco distributes air conditioning, heating and refrigeration equipment and related parts and supplies.
Consensus Estimate EPS .59 (.56-.62)
CarMax, Inc. (CarMax), is a holding company and its operations are conducted through its subsidiaries. The Company operates in two segment CarMax Sales Operations and CarMax Auto Finance (CAF).
I recognize an alert AMC is useless to potential long side players but was running around today. Sometimes, I'm able to sneak in P-M before release.
After ER players may find utility in this alert.
Consensus .60 (.51-.64), 16 analysts
Buying a car at a dealership is one of life's most discouraging moments.
The salesman lie through their teeth.
Hint: If their lips are moving, they are lying.
Don't be influenced by shorts. Pre-market volume is less than 1% of yesterday's volume. SONC getting plenty of ink including CNBC
Hi mj Go to your brokerage platform, click header "Research". Then click "stocks". Should see category "Earnings" somewhere- it'll have a list of ERs for every day.
Lot of fun to play and done and over with. I'm doing ok, too.
GIII I believe G-III will bring home the bacon Tuesday morning for many reasons including G-lll's net income growth is terrific, it's killing its group, sector and the market and particularly like its low price to sales (vs UA, for instance).
It was fortuitous for ER players this PR hit AH:
Genesco Seals Deal to Design, Distribute, Market G-III Apparel's G.H. Bass Footwear
BY Midnight Trader — 4:10 PM ET 03/23/2015
Genesco (GCO) and G-III Apparel (GIII) announced after the close on Monday that they sealed a wholesale license agreement whereby GCO will design, distribute and market footwear of G-III Apparel's (GIII) G.H. Bass brand.
The first shipments are expected for the Spring 2016 season, with distribution to take place through department and specialty stores.
This latest agreement represents the fourth licensing deal that G-III has signed since acquiring the G.H. Bass brand in 2013.
GCO closed up slightly at $70.07 while GIII climbed 1% to $113.00 in Monday's after-hours session.
GIII is my Earnings play for Tuesday, 3/24, Before Market Open
G-III is a leading manufacturer and distributor of outerwear, dresses, sportswear, swimwear, women's suits and women's performance wear, as well as footwear, luggage and women's handbags, small leather goods and cold weather accessories, under licensed brands, our own brands and private label brands.
Consensus .83 (.76-.92) 9 analysts
DSKY Added to short twice on false run, covered all for +3.58%.
This was a very small play that turned into a medium size play but it was too dangerous to recommend. Was beaten down low and bounce/momo players were in.
On to the next one.. but first a morning nap, lol.
DSKY Consensus was .30 before revision to .18 nearly three months after the quarter ended and week before Report- that's a big miss already!
Highlights of this morning's Before Market Earning's Report:
*Total Revs down 11.5% sequentially
*Non-GAAP adjusted net income down 11.5% sequentially
*Average monthly users down 9.3%
Company has stalled... share price should be down today. Little interest in DSKY in Pre-Mkt...914 SH traded. 7.14H-7.02 low. Last 7.02
Took a tiny short at the close today for Monday's ER (Before Market).
It's beaten down and low volume- there were so few reporting.
We'll see said the blind man.
Good weekend, all!
I see NKE 101.86 @ 7:28PM in AH Session.
Very few reporting Monday AM. Just for a fix I took a tiny short in DSKY. Had a terrible report last quarter. Small volume though.
Didn't get in 'till the closing minutes. I don't see any AH trading in it.
I'll be looking for a Monday, After Market reporter but there are very few co's then, too.
I've been trying to post my plays on YF in addition to my home board under the same moniker. Keep a watch if you like, folks.
Good weekend all and congrats on our NKE win!
I was giving you a pass, epic but apparently you did not get it.
Good luck to you and nice call on NKE! I just got out at 102.71 avg from 97.88 entry Wed.
So what's the next one- I just started dding for Mon. If I see a good one I'll post it here.
Keep up the good calls, epic!