Earnings Season Highlights

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A collection of noteworthy post-earnings reactions
Published on Oct 28, 2020 at 8:28 AM
  • Earnings Preview
  • Buzz Stocks

Caterpillar is a Solid Pick During Uncertain Times

by Schaeffer's Digital Content Team

Caterpillar Inc. (NYSE:CAT) is the world’s largest manufacturer of heavy equipment such as engines, construction and mining equipment. The American company also owns countless brands across the globe. Furthermore, the company's quarterly report yesterday, Oct. 27,  likely has investors searching for the tale of the tape. As of today, CAT stock is up about 7% year-to-date. CAT stock has nearly doubled since tapping its 52-week low of $87.50.

Caterpillar has a market cap of $88.37 billion and a book value of $25.36 per share. The company's price-to-book ratio stands at 6.69. Caterpillar has a trailing price-earnings ratio of 22.65 and a forward price-earnings ratio of 23.42. The company's trailing 12-month price-earnings ratio is 21.80.

Caterpillar has grown its total revenue annually in 2016, 2017, and 2018. In 2017, the company increased revenue by nearly $7 billion, or roughly 18%. Caterpillar increased its revenue to $45.46 billion in 2017. In the following year, 2018, Caterpillar increased revenue by more than $9 billion, or about 20%. The company had $54.72 billion in revenue that year. In 2019, though, Caterpillar saw a 1.67% decline in 2019. The company lost just under $1 billion in revenue last year. Caterpillar has produced $46.53 billion in revenue over the past 12 months and is on track to post significant annual revenue loss in 2020.

Caterpillar reported a significant increase in net income between 2016 and 2018. The company went from taking a net loss of $67 million to producing over $6 billion in profit. In 2019, the company maintained its net income. Caterpillar will likely be reducing its net income by $2-3 billion in 2020, but will likely still produce a substantial positive net income.

Caterpillar currently has $8.8 billion in cash and $38.65 billion in total debt. The company’s balance sheet holds $76.57 billion in total assets and $62.79 billion in total liabilities. Caterpillar's total equity stands at $13.78 billion.

The company has paid dividends consistently since 1989, and has steadily grown its dividend since 1992, making CAT stock a very desirable dividend stock. Caterpillar last paid a dividend of $1.03 per share. The company has 2.44% dividend yield, and will have paid $4.12 to investors in 2020.

Caterpillar has reported a drop in sales and a considerable drop in revenue this year, but has maintained a good price-earnings ratio of 21.80. The company is expected to boost its overall sales over the next 12 months, and the stock will continue to climb after the company resumes share buy-backs. Caterpillar stock also comes with 2.4% dividend yield and a very manageable balance sheet. Overall, the company is a safe investment for long-term dividend growth as well as good potential stock growth. Caterpillar is undoubtedly undervalued at the moment, but might yet present a better value with the continued uncertainty in the market that continues driving stock prices down.

Published on Oct 28, 2020 at 8:12 AM
Updated on Oct 28, 2020 at 8:15 AM
  • Buzz Stocks

Today's Stock Market News & Events: 10/28/2020

by Schaeffer's Digital Content Team

We saw investor sentiment sour throughout the day yesterday, with both the Dow and the S&P 500 dipping into the red by Tuesday's closing bell. New records were set in new COVID-19 cases across the U.S., impacting the overall market as well as "reopening" stocks like airlines. Yesterday the Dow Jones Industrial Average (DJI - 27,463.19) fell 222.2 points. The S&P 500 Index (SPX - 3,390.68) dropped 10.3 points and the Nasdaq Composite (IXIC - 11,431.35) gained 72.4 points yesterday. The Cboe Volatility Index (VIX - 33.35) added 0.9 point. Investors also unpacked a slew of corporate earnings yesterday, as well as data that U.S. consumer confidence dipped to 100.3 from 101.3 in October. 

Yesterday was quite a whirlwind with a complete blitz of earnings reports paired with a smacked-down market. For your convenience, we've compiled our best actionable insights from Tuesday into an easy list:

Today, trade balance data is on tap, with earnings from Amgen (AMGN), Boeing (BA), eBay (EBAY), Etsy (ETSY), Fiverr (FVRR)Ford (F), Gilead Sciences, Sony (SNE), Teladoc (TDOC), and UPS (UPS) slated for release. It's pre-election week, with a stimulus package still on the table, and health concerns over COVID-19 cases raging. But you really should look on the bright side: so many trading opportunities, we will be sprinting to keep you up-to-date throughout the day!

For your convenience, we have rounded up the companies slated to release their earnings today, October 28:

  • Anthem Inc. (NYSE:ANTM -- $298.88) provides life, hospital and medical insurance plans.
    • Anthem will report its third-quarter earnings before the bell today.
  • Applied Industrial Technologies Inc. (NYSE:AIT -- $59.99) engages in the manufacture and distribution of industrial parts and products.
    • Applied Industrial will report its first-quarter earnings of 2021 before the bell today.
  • Automatic Data Processing Inc. (NASDAQ:ADP -- $146.03) engages in the provision of business outsourcing solutions.
    • Automatic Data will report its first-quarter earnings of 2021 before the bell today.
  • Balchem Corporation (NASDAQ:BCPC -- $101.94) develops, manufactures, and markets specialty performance ingredients and products.
    • Balchem will report its third-quarter earnings before the bell today.
  • BankUnited Inc. (NYSE:BKU -- $25.33) engages in the provision of commercial and consumer banking services.
    • BankUnited will report its third-quarter earnings before the bell today.
  • Belden CDT Inc. (NYSE:BDC -- $33.10) engages in the provision of innovative signal transmission solutions.
    • Belden will report its third-quarter earnings before the bell today.

       

  • The Blackstone Group Inc. (NYSE:BX -- $51.87) engages in the provision of investment and fund management services.
    • Blackstone will report its third-quarter earnings before the bell today.
  • Boeing Co. (NYSE:BA -- $153.95) is an aerospace company.
    • Boeing will report its third-quarter earnings before the bell today.
  • Boston Scientific Corp. (NYSE:BSX -- $36.22) engages in the development, manufacture and marketing of medical devices.
    • Boston Scientific will report its third-quarter earnings before the bell today.
  • Brinker International Inc. (NYSE:EAT -- $42.11) engages in owning, developing, and franchising Chili's Grill and Bar and Maggiano's Little Italy restaurant brands.
    • Brinker will report its first-quarter earnings of 2021 before the bell today.
  • Bunge Ltd. (NYSE:BG -- $55.69) engages in the supply and transportation of agricultural commodities.
    • Bunge will report its third-quarter earnings before the bell today.
  • Celestica Inc. (NYSE:CLS -- $6.66) engages in the provision of supply chain solutions globally.
    • Celestica will report its third-quarter earnings before the bell today.
  • The Chefs' Warehouse Inc. (NASDAQ:CHEF -- $15.57) engages in the distribution of specialty food products.
    • Chefs' Warehouse will report its third-quarter earnings before the bell today.
  • CME Group Inc. (NASDAQ:CME -- $159.47) operates as a security and commodity exchange company.
    • CME Group will report its third-quarter earnings before the bell today.
  • Criteo SA (NASDAQ:CRTO -- $14.00) is a global technology company.
    • Criteo will report its third-quarter earnings before the bell today.
  • Dana Holding Corp. (NYSE:DAN -- $14.65) engages in the manufacture, distribution, and sale of technology drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products.
    • Dana will report its third-quarter earnings before the bell today.
  • Diebold Nixdorf Inc. (NYSE:DBD -- $7.36) engages in the provision of integrated software-led services, self-service delivery and security systems.
    • Diebold Nixdorf will report its third-quarter earnings before the bell today.
  • Dine Brands Global Inc. (NYSE:DIN -- $56.49) owns and franchises casual and family dining restaurants.
    • Dine Brands will report its third-quarter earnings before the bell today.
  • Dorman Products Inc. (NASDAQ:DORM -- $88.08) engages in the supply of automotive replacement parts, fasteners, and service line products.
    • Dorman Products will report its third-quarter earnings before the bell today.
  • Dynatrace Inc. (NYSE:DT -- $40.79) offers software intelligence platform, purpose-built for the enterprise cloud.
    • Dynatrace will report its second-quarter earnings of 2021 before the bell today.
  • Entergy Corporation (NYSE:ETR -- $107.56) engages in electric power generation and distribution.
    • Entergy will report its third-quarter earnings before the bell today.
  • Enterprise Products Partners LP (NYSE:EPD -- $17.26) engages in the production and trade of natural gas and petrochemicals.
    • Enterprise Products will report its third-quarter earnings before the bell today.
  • Extreme Networks Inc. (NASDAQ:EXTR -- $4.72) engages in providing software driven networking solutions.
    • Extreme Networks will report its first-quarter earnings of 2021 before the bell today.
  • FirstService Corp. (NASDAQ:FSV -- $127.95) engages in the provision of property services.
    • FirstService will report its third-quarter earnings before the bell today.
  • Fiverr International Ltd. (NYSE:FVRR -- $148.59) develops an e-commerce platform that allows the people to buy and sell digital services.
    • Fiverr will report its third-quarter earnings before the bell today.
  • Fresh Del Monte Produce Inc. (NYSE:FDP -- $24.06) engages in production and distribution of fresh fruit and vegetables products.
    • Fresh Del Monte will report its third-quarter earnings before the bell today.
  • Garmin Ltd. (NASDAQ:GRMN -- $98.61) engages in the provision of navigation, communications and information devices.
    • Garmin will report its third-quarter earnings before the bell today.
  • Generac Holdings Inc. (NYSE:GNRC -- $207.71) engages in the design and manufacture of power generation equipment and other power products.
    • Generac will report its third-quarter earnings before the bell today.
  • General Dynamics Corp. (NYSE:GD -- $134.87) is an aerospace and defense company.
    • General Dynamics will report its third-quarter earnings before the bell today.
  • General Electric Co. (NYSE:GE -- $7.13) is a technology and financial services company.
    • General Electric will report its third-quarter earnings before the bell today.
  • Great Western Bancorp Inc. (NYSE:GWB -- $14.26) engages in the provision of relationship-based business and agri-business banking services.
    • Great Western Bancorp will report its fourth-quarter earnings before the bell today.
  • H&E Equipment Services Inc. (NYSE:HEES -- $21.44) engages in the provision of heavy construction and industrial equipment.
    • H&E Equipment will report its third-quarter earnings before the bell today.
  • Hess Corp. (NYSE:HES -- $37.40) is an exploration and production company.
    • Hess will report its third-quarter earnings before the bell today.
  • Integra LifeSciences Holdings Corp. (NASDAQ:IART -- $46.55) engages in the manufacture and sale of medical instruments, devices, and equipment.
    • Integra will report its third-quarter earnings before the bell today.
  • M/I Homes Inc. (NYSE:MHO -- $42.45) engages in the construction and development of residential properties.
    • M/I Homes will report its fourth-quarter earnings before the bell today.
  • MarineMax Inc. (NYSE:HZO -- $26.93) engages in the provision of boating-related activities.
    • MarineMax will report its fourth-quarter earnings before the bell today.
  • Masco Corp. (NYSE:MAS -- $53.57) designs, manufactures, markets and distributes branded home improvement and building products.
    • Masco will report its third-quarter earnings before the bell today.
  • MasterCard Inc. (NYSE:MA -- $316.75) operates as a technology company.
    • MasterCard will report its third-quarter earnings before the bell today.
  • Monro Inc. (NASDAQ:MNRO -- $43.10) provides automotive undercar repair and tire services.
    • Monro will report its second-quarter earnings of 2021 before the bell today.
  • New York Community Bancorp, Inc. (NYSE:NYCB -- $8.33) provides multi-family loans on non-luxury rent-regulated buildings.
    • New York Community will report its third-quarter earnings before the bell today.
  • Norfolk Southern Corp. (NYSE:NSC -- $203.64) is a transportation company.
    • Norfolk Southern will report its third-quarter earnings before the bell today.
  • Owens Corning Inc. (NYSE:OC -- $68.86) develops, manufactures, and markets insulation, roofing, and fiberglass composites.
    • Owens Corning will report its third-quarter earnings before the bell today.
  • Popular Inc. (NASDAQ:BPOP -- $39.26) engages in the provision of banking and financial services.
    • Popular will report its third-quarter earnings before the bell today.
  • Prosperity Bancshares Inc. (NYSE:PB -- $55.26) engages in the provision of financial products and solutions.
    • Prosperity Bancshares will report its third-quarter earnings before the bell today.
  • Rollins Inc. (NYSE:ROL -- $59.29) engages in the provision of pest and termite control services.
    • Rollins will report its third-quarter earnings before the bell today.
  • Ryder System Inc. (NYSE:R -- $50.29) engages in the provision of transportation and supply chain management solutions.
    • Ryder System will report its third-quarter earnings before the bell today.
  • Santander Consumer USA Holdings Inc. (NYSE:SC -- $20.93) engages in the provision of consumer financing services.
    • Santander Consumer USA will report its third-quarter earnings before the bell today.
  • Sealed Air Corp. (NYSE:SEE -- $40.60) provides food safety and security, facility hygiene and product protection services.
    • Sealed Air will report its third-quarter earnings before the bell today.
  • Silicon Laboratories Inc. (NASDAQ:SLAB -- $99.93) designs and develops analog-intensive and mixed-signal integrated circuits.
    • Silicon Labs will report its third-quarter earnings before the bell today.
  • SiteOne Landscape Supply Inc. (NYSE:SITE -- $123.49) distributes commercial and residential landscape supplies.
    • SiteOne Landscape Supply will report its third-quarter earnings before the bell today.
  • Six Flags Entertainment Corp. (NYSE:SIX -- $21.66) engages in operating of theme parks.
    • Six Flags will report its third-quarter earnings before the bell today.
  • Sony Corp. (NYSE:SNE -- $77.66) engages in the development, design, manufacture, and sale of electronic equipment, instruments, devices, game consoles, and software.
    • Sony will report its third-quarter earnings before the bell today.
  • SPX FLOW Inc. (NYSE:FLOW -- $44.12) engages in manufacturing and distributing industrial components.
    • SPX FLOW will report its third-quarter earnings before the bell today.
  • Standard Motor Products Inc. (NYSE:SMP -- $46.14) engages in the manufacture, distribution, and market of aftermarket replacement parts for motor vehicles.
    • Standard Motor will report its third-quarter earnings before the bell today.
  • Taylor Morrison Home Corp. (NYSE:TMHC -- $23.35) engages in the business of residential homebuilding and the development of lifestyle communities.
    • Taylor Morrison Home will report its third-quarter earnings before the bell today.
  • TE Connectivity Ltd. (NYSE:TEL -- $101.67) engages in the design and manufacture of connectivity and sensors solutions.
    • TE Connectivity will report its fourth-quarter earnings before the bell today.
  • Tradeweb Markets Inc. (NASDAQ:TW -- $59.75) engages in the operation of electronic marketplaces for the trading of products.
    • Tradeweb Markets will report its third-quarter earnings before the bell today.
  • Trane Technologies plc (NYSE:TT -- $123.68) provides climate control solutions for buildings, homes, and transportation.
    • Trane will report its third-quarter earnings before the bell today.
  • Tupperware Corp. (NYSE:TUP -- $21.26) operates as a direct-to-consumer marketer of products across multiple brands and categories.
    • Tupperware will report its third-quarter earnings before the bell today.
  • United Therapeutics Corporation (NASDAQ:UTHR -- $123.40) is a biotechnology company.
    • United Therapeutics will report its third-quarter earnings before the bell today.
  • United Parcel Service, Inc. (NYSE:UPS -- $170.84) provides letter and package delivery, specialized transportation, logistics, and financial services.
    • UPS will report its third-quarter earnings before the bell today.
  • W.R. Grace & Co. (NYSE:GRA -- $46.30) produces and sells specialty chemicals and materials worldwide.
    • W.R. Grace will report its third-quarter earnings before the bell today.
  • Wyndham Destinations Inc. (NYSE:WYND -- $46.30) provides hospitality services and products.
    • Wyndham Destinations will report its third-quarter earnings before the bell today.
  • Yandex N.V. (NASDAQ:YNDX -- $46.30) is an Internet and technology company.
    • Yandex N.V. will report its third-quarter earnings before the bell today.


We have also rounded up the results of all those quarterly earnings reports released yesterday, October 27:

  • 3M Company (NYSE:MMM) develops, manufactures, and markets various products worldwide. 3M stock attempted to topple technical ceiling after an upbeat forecast was released. 3M reported its third-quarter earnings before the bell on Tuesday.
    • Earnings per share were down 5.81% over the past year to $2.43, which beat the estimate of $2.26. Revenue of $8,350,000,000 up by 4.49% from the same period last year, which beat the estimate of $8,290,000,000.
  • Ares Capital Corporation (NASDAQ:ARCC) is a business development company. Ares Capital reported its third-quarter earnings before the bell on Tuesday.
    • Earnings per share decreased 18.75% year over year to $0.39, which beat the estimate of $0.38. Revenue of $352,000,000 declined by 9.04% year over year, which beat the estimate of $346,890,000.
  • Armstrong World Industries, Inc. (NYSE:AWI) designs, manufactures, and sells ceiling systems. Armstrong World Industries reported its third-quarter earnings before the bell on Tuesday.
    • Earnings per share fell 22.46% year over year to $1.07, which beat the estimate of $0.93. Revenue of $246,300,000 decreased by 11.12% from the same period last year, which beat the estimate of $228,300,000.
  • Asbury Automotive Group, Inc. (NYSE:ABG) operates as an automotive retailer in the United States. Asbury Automotive reported its third-quarter earnings before the bell on Tuesday.
    • Earnings per share rose 75.11% over the past year to $4.08, which beat the estimate of $3.38. Revenue of $1,845,000,000 rose by 0.16% year over year, which beat the estimate of $1,790,000,000.
  • BP p.l.c (NYSE:BP) engages in the energy business worldwide. BP reported its third-quarter earnings before the bell on Tuesday.
  • Caterpillar Inc. (NYSE:CAT -- $163.20) manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. Our team reported that Caterpillar stock was trailing its 2-year high ahead of earnings. Caterpillar reported its third-quarter earnings before the bell on Tuesday.
    • Earnings per share fell 49.62% year over year to $1.34, which beat the estimate of $1.12. Revenue of $9,881,000,000 decreased by 22.55% year over year, which beat the estimate of $9,800,000,000.
  • Centene Corporation (NYSE:CNC) operates as a multi-national healthcare enterprise. Centene reported its third-quarter earnings before the bell on Tuesday.
    • Earnings per share rose 31.25% over the past year to $1.26, which beat the estimate of $0.96. Revenue of $29,090,000,000 higher by 53.30% from the same period last year, which beat the estimate of $28,230,000,000.
  • Commvault Systems, Inc. (NASDAQ:CVLT) provides data protection and information management software applications and related services. Commvault Systems reported its second-quarter of 2021 earnings before the bell on Tuesday.
    • Earnings per share rose 7.14% year over year to $0.45, which beat the estimate of $0.35. Revenue of $171,139,000 up by 2.12% year over year, which beat the estimate of $164,650,000.
  • Constellium SE (NYSE:CSTM) engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products. Constellium will reported its third-quarter earnings before the bell on Tuesday.
    • Earnings per share rose 0.00% year over year to $0.15, which beat the estimate of ($0.03). Revenue of $1,370,000,000 decreased by 13.94% from the same period last year, which were in line with the estimate of $1,370,000,000.
  • Corning Incorporated (NYSE:GLW) engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. Corning reported its third-quarter earnings before the bell on Tuesday.
  • Crestwood Equity Partners LP (NYSE:CEQP) provides infrastructure solutions to liquids-rich natural gas and crude oil shale plays. Crestwood Equity Partners reported its third-quarter earnings before the bell on Tuesday.
  • Crocs, Inc. (NASDAQ:CROX) designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories. Crocs reported its third-quarter earnings before the bell on Tuesday.
  • DTE Energy Company (NYSE:DTE) engages in the utility operations. DTE Energy reported its third-quarter earnings before the bell on Tuesday.
  • Ecolab Inc. (NYSE:ECL) provides water, hygiene, and energy technologies and services worldwide. Ecolab reported its third-quarter earnings before the bell on Tuesday.
  • Franklin Electric Co., Inc. (NASDAQ:FELE) designs, manufactures, and distributes water and fuel pumping systems worldwide. Franklin Electric reported its third-quarter earnings before the bell on Tuesday.
  • Franklin Resources, Inc. (NYSE:BEN) is a publicly owned asset management holding company. Franklin Resources reported its third-quarter earnings before the bell on Tuesday.
  • Invesco Ltd. (NYSE:IVZ) is a publicly owned investment manager. Invesco reported its third-quarter earnings before the bell on Tuesday.
  • JetBlue Airways Corporation (NASDAQ:JBLU) is a passenger carrier company. JetBlue Airways reported its third-quarter earnings before the bell on Tuesday.
  • Laboratory Corporation of America Holdings (NYSE:LH) operates as an independent clinical laboratory company worldwide. Laboratory Corp reported its third-quarter earnings before the bell on Tuesday.
  • Lincoln Electric Holdings, Inc. (NASDAQ:LECO) designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. Lincoln Electric reported its third-quarter earnings before the bell on Tuesday.
  • MakeMyTrip Limited (NASDAQ:MMYT) is an online travel company. MakeMyTrip reported its second-quarter of 2021 earnings before the bell on Tuesday.
  • MarketAxess Holdings Inc. (NASDAQ:MKTX) operates an electronic trading platform. MarketAxess reported its third-quarter earnings before the bell on Tuesday.
  • Merck & Co., Inc. (NYSE:MRK) provides healthcare solutions worldwide. Merck reported its third-quarter earnings before the bell on Tuesday.
  • MSC Industrial Direct Co., Inc. (NYSE:MSM) distributes metalworking and maintenance, repair, and operations (MRO) products. MSC Industrial reported its fourth-quarter earnings before the bell on Tuesday.
  • MSCI Inc. (NYSE:MSCI) provides investment decision support tools. MSCI reported its third-quarter earnings before the bell on Tuesday.
  • NeoGenomics, Inc. (NASDAQ:NEO) operates a network of cancer-focused testing laboratories. NeoGenomics reported its third-quarter earnings before the bell on Tuesday.
  • Novartis AG (NYSE:NVS) researches, develops, manufactures, and markets healthcare products worldwide. Novartis reported its third-quarter earnings before the bell on Tuesday.
  • Old Dominion Freight Line, Inc. (NASDAQ:ODFL) operates as a less-than-truckload (LTL) motor carrier. Old Dominion reported its third-quarter earnings before the bell on Tuesday.
  • Omnicom Group Inc. (NYSE:OMC) provides advertising, marketing, and corporate communications services. Omnicom reported its third-quarter earnings before the bell on Tuesday.
  • Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) operates as the bank holding company for Pacific Premier Bank. Pacific Premier reported its third-quarter earnings before the bell on Tuesday.
  • Peabody Energy Corporation (NYSE:BTU) engages in coal mining business. Peabody Energy reported its third-quarter earnings before the bell on Tuesday.
  • Polaris Inc. (NYSE:PII) designs, engineers, manufactures, and markets power sports vehicles worldwide. Polaris reported its third-quarter earnings before the bell on Tuesday.
  • Raytheon Technologies Corporation (NYSE:RTX) is an aerospace and defense company. Raytheon Technologies reported its third-quarter earnings before the bell on Tuesday.
  • Restaurant Brands International Inc. (NYSE:QSR) owns, operates, and franchises quick service restaurants under the Tim Hortons, Burger King, and Popeyes brand names. Restaurant Brands reported its third-quarter earnings before the bell on Tuesday.
  • Roper Technologies, Inc. (NYSE:ROP) designs and develops software and engineered products and solutions worldwide. Roper reported its third-quarter earnings before the bell on Tuesday.
  • S&P Global Inc. (NYSE:SPGI) provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. S&P Global reported its third-quarter earnings before the bell on Tuesday.
  • Sensata Technologies Holding plc (NYSE:ST) develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products. Sensata Tech reported its third-quarter earnings before the bell on Tuesday.
  • The Sherwin-Williams Company (NYSE:SHW) develops, manufactures, distributes, and sells paints, coatings, and related products. Sherwin-Williams reported its third-quarter earnings before the bell on Tuesday.
  • Shutterstock, Inc. (NYSE:SSTK) provides content, and tools and service. Shutterstock report its third-quarter earnings before the bell on Tuesday.
  • SITE Centers Corp. (NYSE:SITC) is an owner and manager of open-air shopping centers. SITE Centers reported its third-quarter earnings before the bell on Tuesday.
  • Stanley Black & Decker, Inc. (NYSE:SWK) engages in tools and storage, industrial, and security businesses worldwide. Stanley Black & Decker reported its third-quarter earnings before the bell on Tuesday.
  • Steven Madden, Ltd. (NASDAQ:SHOO) designs, sources, markets, and sells fashion-forward name brand and private label footwear. Steven Madden reported its third-quarter earnings before the bell on Tuesday.
  • Teck Resources Limited (NYSE:TECK) researches, explores for, develops, and produces natural resources. Teck Resources reported its third-quarter earnings before the bell on Tuesday.
  • TransUnion (NYSE:TRU) provides risk and information solutions. TransUnion reported its third-quarter earnings before the bell on Tuesday.
  • Turning Point Brands, Inc. (NYSE:TPB) provides other tobacco products. Turning Point Brands reported its third-quarter earnings before the bell on Tuesday.
  • Unisys Corporation (NYSE:UIS) operates as an information technology company worldwide. Unisys reported its third-quarter earnings before the bell on Tuesday.
  • Waddell & Reed Financial, Inc. (NYSE:WDR) provides investment management and advisory, investment product underwriting and distribution, and shareholder services administration. Waddell & Reed reported its third-quarter earnings before the bell on Tuesday.
  • Xerox Holdings Corporation (NYSE:XRX) designs, develops, and sells document management systems and solutions. Xerox reported its third-quarter earnings before the bell on Tuesday.
  • 2U, Inc. (NASDAQ:TWOU) operates as an education technology company. 2U reported its third-quarter earnings after the market closed yesterday.
  • ACCO Brands Corporation (NYSE:ACCO) designs, manufactures, and markets consumer and business products. ACCO Brands reported its third-quarter earnings after the market closed yesterday.
  • Aflac Incorporated (NYSE:AFL) provides supplemental health and life insurance products. Aflac reported its third-quarter earnings after the market closed yesterday.
  • Akamai Technologies, Inc. (NASDAQ:AKAM) provides cloud services for delivering, optimizing, and securing content and business applications over the Internet. Akamai Tech reported its third-quarter earnings after the market closed yesterday.
  • Ares Management Corporation (NYSE:ARES) operates as an alternative asset manager. Ares Management reported its third-quarter earnings after the market closed yesterday.
  • Boston Properties, Inc. (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties. Boston Properties reported its third-quarter earnings after the market closed yesterday.
  • C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) a third-party logistics company. C.H. Robinson reported its third-quarter earnings after the market closed yesterday.
  • Chubb Limited (NYSE:CB) provides insurance and reinsurance products worldwide. Chubb reported its third-quarter earnings after the market closed yesterday.
  • Community Health Systems, Inc. (NYSE:CYH) owns, leases, and operates general acute care hospitals in the United States. Community Health reported its third-quarter earnings after the market closed yesterday.
  • CoStar Group, Inc. (NASDAQ:CSGP) provides information, analytics, and online marketplaces to the commercial real estate industry. CoStar Group reported its third-quarter earnings after the market closed yesterday.
  • Denny's Corporation (NASDAQ:DENN) owns and operates full-service restaurant chains under the Denny's brand. Denny's reported its third-quarter earnings after the market closed yesterday.
  • Dexcom, Inc. (NASDAQ:DXCM) is a medical device company. Dexcom reported its third-quarter earnings after the market closed yesterday.
  • EastGroup Properties, Inc. (NYSE:EGP) is a self-administered equity real estate investment trust. EastGroup reported its third-quarter earnings after the market closed yesterday.
  • Edison International (NYSE:EIX) engages in the generation, transmission, and distribution of electricity in the United States. Edison reported its third-quarter earnings after the market closed yesterday.
  • Element Solutions Inc. (NYSE:ESI) produces and sells specialty chemical products. Element Solutions reported its third-quarter earnings after the market closed yesterday.
  • Encore Wire Corporation (NASDAQ:WIRE) manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Encore Wire reported its third-quarter earnings after the market closed yesterday.
  • Enova International, Inc. (NYSE:ENVA) is a technology and analytics company. Enova International reported its third-quarter earnings after the market closed yesterday.
  • Equity Residential (NYSE:EQR) is focused on the acquisition, development and management of rental apartment properties. Equity Residential reported its third-quarter earnings after the market closed yesterday.
  • Euronet Worldwide, Inc. (NASDAQ:EEFT) provides payment and transaction processing and distribution solutions. Euronet reported its third-quarter earnings after the market closed yesterday.
  • First Commonwealth Financial Corporation (NYSE:FCF) provides consumer and commercial banking services. First Commonwealth reported its third-quarter earnings after the market closed yesterday.
  • Fiserv, Inc. (NASDAQ:FISV) provides financial services technology worldwide. Fiserv reported its third-quarter earnings after the market closed yesterday.
  • Fortive Corporation (NYSE:FTV) designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Fortive reported its third-quarter earnings after the market closed yesterday.
  • Four Corners Property Trust, Inc. (NYSE:FCPT) is a real estate investment trust. Four Corners Property Trust reported its third-quarter earnings after the market closed yesterday.
  • Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators. Gaming and Leisure Properties reported its third-quarter earnings after the market closed yesterday.
  • The Hanover Insurance Group, Inc. (NYSE:THG) provides various property and casualty insurance products and services. Hanover Insurance reported its third-quarter earnings after the market closed yesterday.
  • Hawaiian Holdings, Inc. (NASDAQ:HA) engages in the scheduled air transportation of passengers and cargo. Hawaiian Holdings reported its third-quarter earnings after the market closed yesterday.
  • Highwoods Properties, Inc. (NYSE:HIW) is a publicly-traded real estate investment trust. Highwoods reported its third-quarter earnings after the market closed yesterday.
  • Houlihan Lokey, Inc. (NYSE:HLI) is an investment banking company. Houlihan Lokey reported its third-quarter earnings after the market closed yesterday.
  • IDEX Corporation (NYSE:IEX) operates as an applied solutions company worldwide. IDEX reported its third-quarter earnings after the market closed yesterday.
  • John Bean Technologies Corporation (NYSE:JBT) provides technology solutions to food and beverage industry and equipment and services to air transportation industries. John Bean Technologies reported its third-quarter earnings after the market closed yesterday.
  • Juniper Networks, Inc. (NYSE:JNPR) designs, develops, and sells network products and services worldwide. Juniper Networks reported its third-quarter earnings after the market closed yesterday.
  • Kadant Inc. (NYSE:KAI) supplies equipment and critical components worldwide. Kadant reported its third-quarter earnings after the market closed yesterday.
  • Lattice Semiconductor Corporation (NASDAQ:LSCC) develops and sells semiconductor technologies. Lattice reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share were up 11.76% year over year to $0.19, which beat the estimate of $0.16. Revenue of $103,042,000 declined by 0.41% year over year, which beat the estimate of $100,980,000.
  • Masimo Corporation (NASDAQ:MASI) is a medical technology company. Masimo reported its third-quarter earnings after the market closed yesterday.
  • Matador Resources Company (NYSE:MTDR) is an independent energy company. Matador Resources reported its third-quarter earnings after the market closed yesterday.
  • Maxim Integrated Products, Inc. (NASDAQ:MXIM) designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits. Maxim reported its third-quarter earnings after the market closed yesterday.
  • MKS Instruments, Inc. (NASDAQ:MKSI) provides instruments, systems, subsystems, and process control solutions. MKS Instruments reported its third-quarter earnings after the market closed yesterday.
  • NCR Corporation (NYSE:NCR) provides software and services worldwide. NCR reported its third-quarter earnings after the market closed yesterday.
  • O-I Glass (NYSE:OI) manufactures and sells glass containers to food and beverage manufacturers. O-I Glass reported its third-quarter earnings after the market closed yesterday.
  • Omnicell, Inc. (NASDAQ:OMCL) provides medication management automation solutions and adherence tools for healthcare systems and pharmacies worldwide. Omnicell reported its third-quarter earnings after the market closed yesterday.
  • ONEOK, Inc. (NYSE:OKE) engages in gathering, processing, storage, and transportation of natural gas in the United States. ONEOK reported its third-quarter earnings after the market closed yesterday.
  • PPD, Inc. (NASDAQ:PPD) provides drug development services to the biopharmaceutical industry worldwide. PPD reported its third-quarter earnings after the market closed yesterday.
  • Red Rock Resorts, Inc. (NASDAQ:RRR) engages in casino entertainment, and gaming and entertainment businesses in the United States. Red Rock Resorts reported its third-quarter earnings after the market closed yesterday.
  • RenaissanceRe Holdings Ltd. (NYSE:RNR) provides reinsurance and insurance products. RenaissanceRe reported its third-quarter earnings after the market closed yesterday.
  • Renasant Corporation (NASDAQ:RNST) operates as a bank holding company for Renasant Bank. Renasant reported its third-quarter earnings after the market closed yesterday.
  • Rexnord Corporation (NYSE:RXN) designs, manufactures, and markets process and motion control, and water management products worldwide. Rexnord reported its third-quarter earnings after the market closed yesterday.
  • Skyline Champion Corporation (NYSE:SKY) operates as a factory-built housing company in North America. Skyline Champion reported its third-quarter earnings after the market closed yesterday.
  • SolarWinds Corporation (NYSE:SWI) provides information technology (IT) infrastructure management software products. SolarWinds reported its third-quarter earnings after the market closed yesterday.
  • Stifel Financial Corporation (NYSE:SF) provides securities brokerage, investment banking, trading, investment advisory and related financial services. Stifel Financial reported its third-quarter earnings after the market closed yesterday.
  • Summit Materials, Inc. (NYSE:SUM) produces and sells construction materials and related downstream products. Summit Materials reported its third-quarter earnings after the market closed yesterday.
  • Systemax Inc. (NYSE:SYX) operates as a direct marketer of brand name and private label industrial and business equipment and supplies. Systemax reported its third-quarter earnings after the market closed yesterday.
  • Tenable Holdings, Inc. (NASDAQ:TENB -- $36.60) provides cybersecurity solutions. Tenable reported its third-quarter earnings after the market closed yesterday.
  • Terex Corporation (NYSE:TEX) manufactures and sells aerial work platforms, materials processing machinery, and cranes worldwide. Terex reported its third-quarter earnings after the market closed yesterday.
  • Trustmark Corporation (NASDAQ:TRMK) operates as the bank holding company for Trustmark National Bank. Trustmark reported its third-quarter earnings after the market closed yesterday.
  • Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) is a biopharmaceutical company. Ultragenyx reported its third-quarter earnings after the market closed yesterday.
  • UMB Financial Corporation (NASDAQ:UMBF) operates as the bank holding company for the UMB Bank. UMB Financial report its third-quarter earnings after the market closes today.
  • Unum Group (NYSE:UNM) provides financial protection benefit solutions. Unum Group report its third-quarter earnings after the market closes today.
  • Varian Medical System, Inc. (NYSE:VAR) designs, manufactures, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide. Varian Medical report its third-quarter earnings after the market closes today.
  • Veeco Instruments Inc. (NASDAQ:VECO) develops, manufactures, sells, and supports semiconductor and thin film process equipment. Veeco Instruments report its third-quarter earnings after the market closes today.


Tomorrow will bring initial and continuous jobless claims, gross domestic product (GDP), and pending home sales. Also, Comcast (CMCSA), Facebook, Moderna, Shopify (SHOP), Starbucks (SBUX), and Twitter will step into the earnings confessional. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

Published on Oct 27, 2020 at 12:35 PM
  • Quantitative Analysis

The shares of Home Depot Inc (NYSE: HD) are up 0.7% at $278.20 at last check. And while the home improvement stock is now cooling off from its Aug. 27, all-time-high of $292.95, the last week's 2.7% pullback has it near a historically bullish trendline, which could push HD even higher in the near future. 

More specifically, Home Depot stock just came within one standard deviation of its 80-day moving average, after spending several weeks above this trendline. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, four similar signals have occurred during the past three years. The security enjoyed positive returns one month after each signal, averaging a 6.4% gain. From the stock's current perch, a move of similar magnitude would put HD right at the $296 mark -- at yet another record high.

HD 80 Day

An unwinding of pessimism in the options pits could also push the security higher. This is per HD's 10-day put/call volume ratio of 1.01 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which sits in the 88th percentile of its annual range. In simpler terms, this suggests a healthier-than-usual appetite for bearish bets of late. 

Now certainly seems like a good time to take advantage of HD options. The security's Schaeffer's Volatility Index (SVI) of 35%, which sits in the low 20th percentile of all other annual readings, meaning the stock sports attractively priced premiums at the moment. Plus, the equity's Schaeffer's Volatility Scorecard (SVS) ranks relatively high at 75 out of 100, meaning HD has tended to exceed these expectations during the past year -- a boon for premium buyers.  

Published on Oct 27, 2020 at 12:23 PM
  • Earnings Preview
Lastly, a look at the equity's history of post-earnings reactions during the past two years shows a generally positive response. During its last eight reports, more than half of these next-day sessions were higher, though last time the company reported earnings, in July, the equity saw a next-day drop of 3.2%.
Published on Oct 27, 2020 at 10:58 AM
Updated on Oct 27, 2020 at 11:04 AM
  • Intraday Option Activity
  • Buzz Stocks
The options pits are buzzing today. In just the first two hours of trading, 30,000 calls have changed hands, 36 times the average intraday amount and triple the number of puts traded.
Published on Oct 27, 2020 at 10:19 AM
  • Intraday Option Activity
  • Buzz Stocks

The shares of Caterpillar Inc. (NYSE:CAT) are down 2.6% at $158.85, despite reporting adjusted third-quarter earnings of $1.34 per share on $9.88 billion in revenue, both of which topped Wall Street's forecasts. However, the heavy equipment maker also said it would withhold guidance, with the coronavirus pandemic still taking its toll on the global economy. 

In our earnings preview, CAT was trading near all-time high territory. Since then though, the shares have shed 6% in the last five trading days, although the shares' 40-day moving average has contained today's pullback. Still, Caterpillar stock boasts an impressive 14.8% year-over-year gain.

Today's options pits are full of activity on both sides of the tape, with calls and puts trading at roughly the same rate. In fact, in the first hour of trading, over 5,000 calls and 4,500 have already exchanged hands -- triple the intraday average and volume pacing in the 99th percentile of its annual range. The most popular is the weekly 10/30 155-strike put, followed by the 170-strike call from the same series.

Lastly, now looks to be a prime time to enter with options. Caterpillar stock's Schaeffer's Volatility Index (SVI) of 40% sits in the 22nd percentile of all other readings from the past year -- a boon for premium buyers.

Published on Oct 27, 2020 at 9:58 AM
Updated on Oct 27, 2020 at 10:02 AM
  • Intraday Option Activity
  • Analyst Update
 
Published on Oct 27, 2020 at 8:58 AM
  • Buzz Stocks

The shares of insurance company American International Group Inc (NYSE:AIG) are staging a rebound this morning, up 6.6% at $33.33 at last check, on news that its board just approved a plan to separate its life and retirement businesses from the rest of its operations. Peter Zaffino was named as president of the new spinoff, which will go into effect next year. 

On the charts, AIG is once again contending with its 200-day moving average, which snuffed out last week's rally attempt. Should these gains hold, however, the equity could close north of this trendline for the first time since mid-February. And while the shares have been middling since mid-June, the $28 level looks to be serving as a solid floor over the past few months. 

Analysts are warming to American International stock, with seven considering it a "buy" or better, compared to five "hold" ratings. Plus, the 12-month consensus price target of $36.50 is a 16.8% premium to last night's close. 

There's been a penchant for puts in the options pits. This is per AIG's 50-day put/call volume ratio of 1.32 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which stands higher than 89% of readings from the past year. This hints at a much healthier-than-usual appetite for long puts of late.

Published on Oct 27, 2020 at 8:11 AM
  • Buzz Stocks

Today's Stock Market News & Events: 10/27/2020

by Schaeffer's Digital Content Team

Stocks plummeted yesterday due to a record daily high of U.S. COVID-19 cases. The Dow closed deep in the red on Monday, and the S&P 500 and Nasdaq closed firmly in the red as well. As earnings season hits high gear this week and Election Day looms, fading second stimulus hopes amid Washington D.C.'s gridlock also weighed down the market. The Dow Jones Industrial Average (DJI - 27,685.38) fell 650.2 points yesterday. The S&P 500 Index (SPX - 3,400.97) dropped 64.4 points and the Nasdaq Composite (IXIC - 11,358.94) lost 189.4 points for the day on Monday.The Cboe Volatility Index (VIX - 32.46) gained 17.8%, logging its highest close since September 10.

ICYMI yesterday, our team dropped a ton of actionable info and here's a quick recap

Today is going to be incredibly busy... so no time for blinking, traders.  Data on durable goods orders and core capital goods orders, as well as the Case-Shiller national home index and Consumer confidence index will be released today. Meanwhile, 3M (MMM), Caterpillar (CAT), Eli LillyEnphase Energy (ENPH)First Solar (FSLR), JetBlue Airways (JBLU), Microsoft, Pfizer, Raytheon Technologies (RTX), and SO MANY MORE will all report earnings.

For your convenience, we have rounded up the companies slated to release their earnings today, October 27:

  • 3M Company (NYSE:MMM -- $166.16) develops, manufactures, and markets various products worldwide. 3M stock attempted to topple technical ceiling after an upbeat forecast was released.
    • 3M will report its third-quarter earnings before the bell today.
  • Advanced Micro Devices, Inc. (NASDAQ:AMD -- $82.23) operates as a semiconductor company worldwide. Analysts are hopeful about AMD ahead of Q3 earnings report
    • Advanced Micro will report its third-quarter earnings before the bell today.
  • Ares Capital Corporation (NASDAQ:ARCC -- $14.01) is a business development company.
    • Ares Capital will report its third-quarter earnings before the bell today.
  • Armstrong World Industries, Inc. (NYSE:AWI -- $64.91) designs, manufactures, and sells ceiling systems.
    • Armstrong World Industries will report its third-quarter earnings before the bell today.
  • Asbury Automotive Group, Inc. (NYSE:ABG -- $116.59) operates as an automotive retailer in the United States.
    • Asbury Automotive will report its third-quarter earnings before the bell today.
  • BP p.l.c (NYSE:BP -- $15.78) engages in the energy business worldwide.
    • BP will report its third-quarter earnings before the bell today.
  • Caterpillar Inc. (NYSE:CAT -- $163.20) manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. Our team reported that Caterpillar stock was trailing its 2-year high ahead of earnings.
    • Caterpillar will report its third-quarter earnings before the bell today.
  • Centene Corporation (NYSE:CNC -- $66.39) operates as a multi-national healthcare enterprise.
    • Centene will report its third-quarter earnings before the bell today.
  • Commvault Systems, Inc. (NASDAQ:CVLT -- $41.14) provides data protection and information management software applications and related services.
    • Commvault Systems will report its second-quarter of 2021 earnings before the bell today.
  • Constellium SE (NYSE:CSTM -- $9.79) engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products.
    • Constellium will report its third-quarter earnings before the bell today.
  • Corning Incorporated (NYSE:GLW -- $34.25) engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide.
    • Corning will report its third-quarter earnings before the bell today.
  • Crestwood Equity Partners LP (NYSE CEQP -- $15.37) provides infrastructure solutions to liquids-rich natural gas and crude oil shale plays.
    • Crestwood Equity Partners will report its third-quarter earnings before the bell today.
  • Crocs, Inc. (NASDAQ:CROX -- $52.24) designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories.
    • Crocs will report its third-quarter earnings before the bell today.
  • Cummins, Inc. (NYSE:CMI -- $220.68) designs, manufactures, distributes, and services diesel and natural gas engines, products worldwide. We found that this auto parts stock was ready to switch gears higher at the end of September.
    • Cummins will report its third-quarter earnings before the bell today.
  • DTE Energy Company (NYSE:DTE -- $124.24) engages in the utility operations.
    • DTE Energy will report its third-quarter earnings before the bell today.
  • Ecolab Inc. (NYSE:ECL -- $198.17) provides water, hygiene, and energy technologies and services worldwide.
    • Ecolab will report its third-quarter earnings before the bell today.
  • Eli Lilly and Company (NYSE:LLY -- $141.70) discovers, develops, manufactures, and markets pharmaceutical products worldwide. Eli Lilly COVID-19 vaccine trials were put on pause after an FDA order earlier this month.
    • Eli Lilly will report its third-quarter earnings before the bell today.
  • Franklin Electric Co., Inc. (NASDAQ:FELE -- $62.43) designs, manufactures, and distributes water and fuel pumping systems worldwide.
    • Franklin Electric will report its third-quarter earnings before the bell today.
  • Franklin Resources, Inc. (NYSE:BEN -- $22.84) is a publicly owned asset management holding company.
    • Franklin Resources will report its third-quarter earnings before the bell today.
  • Harley-Davidson, Inc. (NYSE:HOG -- $29.00) manufactures and sells custom, cruiser, and touring motorcycles. After the company's last earnings report, HOG stock took a nosedive along with the swing-and-miss.
    • Harley-Davidson will report its third-quarter earnings before the bell today.
  • Invesco Ltd. (NYSE:IVZ -- $13.79) is a publicly owned investment manager.
    • Invesco will report its third-quarter earnings before the bell today.
  • JetBlue Airways Corporation (NASDAQ:JBLU -- $12.56) is a passenger carrier company.
    • JetBlue Airways will report its third-quarter earnings before the bell today.
  • Laboratory Corporation of America Holdings (NYSE:LH -- $201.96) operates as an independent clinical laboratory company worldwide.
    • Laboratory Corp will report its third-quarter earnings before the bell today.
  • Lincoln Electric Holdings, Inc. (NASDAQ:LECO -- $102.72) designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide.
    • Lincoln Electric will report its third-quarter earnings before the bell today.
  • MakeMyTrip Limited (NASDAQ:MMYT -- $20.07) is an online travel company.
    • MakeMyTrip will report its second-quarter of 2021 earnings before the bell today.
  • MarketAxess Holdings Inc. (NASDAQ:MKTX -- $547.31) operates an electronic trading platform.
    • MarketAxess will report its third-quarter earnings before the bell today.
  • Merck & Co., Inc. (NYSE:MRK -- $78.84) provides healthcare solutions worldwide.
    • Merck will report its third-quarter earnings before the bell today.
  • MSC Industrial Direct Co., Inc. (NYSE:MSM -- $66.29) distributes metalworking and maintenance, repair, and operations (MRO) products.
    • MSC Industrial will report its fourth-quarter earnings before the bell today.
  • MSCI Inc. (NYSE:MSCI -- $349.56) provides investment decision support tools.
    • MSCI will report its third-quarter earnings before the bell today.
  • NeoGenomics, Inc. (NASDAQ:NEO -- $41.95) operates a network of cancer-focused testing laboratories.
    • NeoGenomics will report its third-quarter earnings before the bell today.
  • Novartis AG (NYSE:NVS -- $84.18) researches, develops, manufactures, and markets healthcare products worldwide.
    • Novartis will report its third-quarter earnings before the bell today.
  • Old Dominion Freight Line, Inc. (NASDAQ:ODFL -- $198.41) operates as a less-than-truckload (LTL) motor carrier.
    • Old Dominion will report its third-quarter earnings before the bell today.
  • Omnicom Group Inc. (NYSE:OMC -- $51.24) provides advertising, marketing, and corporate communications services.
    • Omnicom will report its third-quarter earnings before the bell today.
  • Pacific Premier Bancorp, Inc. (NASDAQ:PPBI -- $26.35) operates as the bank holding company for Pacific Premier Bank.
    • Pacific Premier will report its third-quarter earnings before the bell today.
  • Peabody Energy Corporation (NYSE:BTU -- $1.5300) engages in coal mining business.
    • Peabody Energy will report its third-quarter earnings before the bell today.
  • Pfizer Inc. (NYSE:PFE -- $37.92) develops, manufactures, and sells healthcare products worldwide. We reported on the upcoming weeks ahead for Pfizer stock last week - a lot is going on beyond just earnings!
    • Pfizer will report its third-quarter earnings before the bell today.
  • Polaris Inc. (NYSE:PII -- $91.55) designs, engineers, manufactures, and markets power sports vehicles worldwide.
    • Polaris will report its third-quarter earnings before the bell today.
  • Raytheon Technologies Corporation (NYSE:RTX -- $60.81) is an aerospace and defense company.
    • Raytheon Technologies will report its third-quarter earnings before the bell today.
  • Restaurant Brands International Inc. (NYSE:QSR -- $55.41) owns, operates, and franchises quick service restaurants under the Tim Hortons, Burger King, and Popeyes brand names.
    • Restaurant Brands will report its third-quarter earnings before the bell today.
  • Roper Technologies, Inc. (NYSE:ROP -- $417.89) designs and develops software and engineered products and solutions worldwide.
    • Roper will report its third-quarter earnings before the bell today.
  • S&P Global Inc. (NYSE:SPGI -- $333.55) provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide.
    • S&P Global will report its third-quarter earnings before the bell today.
  • Sensata Technologies Holding plc (NYSE:ST -- $48.24) develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products.
    • Sensata Tech will report its third-quarter earnings before the bell today.
  • The Sherwin-Williams Company (NYSE:SHW -- $670.38) develops, manufactures, distributes, and sells paints, coatings, and related products.
    • Sherwin-Williams will report its third-quarter earnings before the bell today.
  • Shutterstock, Inc. (NYSE:SSTK -- $62.27) provides content, and tools and service.
    • Shutterstock will report its third-quarter earnings before the bell today.
  • SITE Centers Corp. (NYSE:SITC -- $7.49) is an owner and manager of open-air shopping centers.
    • SITE Centers will report its third-quarter earnings before the bell today.
  • Stanley Black & Decker, Inc. (NYSE:SWK -- $172.86) engages in tools and storage, industrial, and security businesses worldwide.
    • Stanley Black & Decker will report its third-quarter earnings before the bell today.
  • Steven Madden, Ltd. (NASDAQ:SHOO -- $23.15) designs, sources, markets, and sells fashion-forward name brand and private label footwear.
    • Steven Madden will report its third-quarter earnings before the bell today.
  • Teck Resources Limited (NYSE:TECK -- $13.35) researches, explores for, develops, and produces natural resources.
    • Teck Resources will report its third-quarter earnings before the bell today.
  • TransUnion (NYSE:TRU -- $84.37) provides risk and information solutions.
    • TransUnion will report its third-quarter earnings before the bell today.
  • Turning Point Brands, Inc. (NYSE:TPB -- $32.93) provides other tobacco products.
    • Turning Point Brands will report its third-quarter earnings before the bell today.
  • Unisys Corporation (NYSE:UIS -- $11.92) operates as an information technology company worldwide.
    • Unisys will report its third-quarter earnings before the bell today.
  • Waddell & Reed Financial, Inc. (NYSE:WDR -- $16.56) provides investment management and advisory, investment product underwriting and distribution, and shareholder services administration.
    • Waddell & Reed will report its third-quarter earnings before the bell today.
  • Xerox Holdings Corporation (NYSE:XRX -- $18.92) designs, develops, and sells document management systems and solutions.
    • Xerox will report its third-quarter earnings before the bell today.
  • 2U, Inc. (NASDAQ:TWOU -- $36.47) operates as an education technology company.
    • 2U will report its third-quarter earnings after the market closes today.
  • ACCO Brands Corporation (NYSE:ACCO -- $6.23) designs, manufactures, and markets consumer and business products.
    • ACCO Brands will report its third-quarter earnings after the market closes today.
  • Aflac Incorporated (NYSE:AFL -- $36.77) provides supplemental health and life insurance products.
    • Aflac will report its third-quarter earnings after the market closes today.
  • Akamai Technologies, Inc. (NASDAQ:AKAM -- $106.06) provides cloud services for delivering, optimizing, and securing content and business applications over the Internet.
    • Akamai Tech will report its third-quarter earnings after the market closes today.
  • Ares Management Corporation (NYSE:ARES -- $43.39) operates as an alternative asset manager.
    • Ares Management will report its third-quarter earnings after the market closes today.
  • Boston Properties, Inc. (NYSE:BXP -- $75.41) is the largest publicly-held developer and owner of Class A office properties.
    • Boston Properties will report its third-quarter earnings after the market closes today.
  • C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW -- $99.59) a third-party logistics company.
    • C.H. Robinson will report its third-quarter earnings after the market closes today.
  • Chubb Limited (NYSE:CB -- $125.99) provides insurance and reinsurance products worldwide.
    • Chubb will report its third-quarter earnings after the market closes today.
  • Community Health Systems, Inc. (NYSE:CYH -- $4.7900) owns, leases, and operates general acute care hospitals in the United States.
    • Community Health will report its third-quarter earnings after the market closes today.
  • CoStar Group, Inc. (NASDAQ:CSGP -- $830.75) provides information, analytics, and online marketplaces to the commercial real estate industry.
    • CoStar Group will report its third-quarter earnings after the market closes today.
  • Denny's Corporation (NASDAQ:DENN -- $10.33) owns and operates full-service restaurant chains under the Denny's brand.
    • Denny's will report its third-quarter earnings after the market closes today.
  • Dexcom, Inc. (NASDAQ:DXCM -- $418.00) is a medical device company.
    • Dexcom will report its third-quarter earnings after the market closes today.
  • EastGroup Properties, Inc. (NYSE:EGP -- $135.71) is a self-administered equity real estate investment trust.
    • EastGroup will report its third-quarter earnings after the market closes today.
  • Edison International (NYSE:EIX -- $58.19) engages in the generation, transmission, and distribution of electricity in the United States.
    • Edison will report its third-quarter earnings after the market closes today.
  • Element Solutions Inc. (NYSE:ESI -- $12.23) produces and sells specialty chemical products.
    • Element Solutions will report its third-quarter earnings after the market closes today.
  • Encore Wire Corporation (NASDAQ:WIRE -- $47.74) manufactures and sells electrical building wires and cables for interior electrical wiring in the United States.
    • Encore Wire will report its third-quarter earnings after the market closes today.
  • Enova International, Inc. (NYSE:ENVA -- $16.94) is a technology and analytics company.
    • Enova International will report its third-quarter earnings after the market closes today.
  • Enphase Energy, Inc. (NASDAQ:ENPH -- $103.67) designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry. After a record run, ENPH stock took a breather at the beginning of October.
    • Enphase Energy will report its third-quarter earnings after the market closes today.
  • Equity Residential (NYSE:EQR -- $50.70) is focused on the acquisition, development and management of rental apartment properties.
    • Equity Residential will report its third-quarter earnings after the market closes today.
  • Euronet Worldwide, Inc. (NASDAQ:EEFT -- $91.60) provides payment and transaction processing and distribution solutions.
    • Euronet will report its third-quarter earnings after the market closes today.
  • FireEye, Inc. (NASDAQ:FEYE -- $14.15) provides cybersecurity solutions. FEYE options ran red-hot after the company updated its Board of Directors.
    • FireEye will report its third-quarter earnings after the market closes today.
  • First Commonwealth Financial Corporation (NYSE:FCF -- $9.01) provides consumer and commercial banking services.
    • First Commonwealth will report its third-quarter earnings after the market closes today.
  • First Solar, Inc. (NASDAQ:FSLR -- $83.75) provides photovoltaic (PV) solar energy solutions. A few weeks ago, FSLR stock fell from its fresh highs after receiving analyst feedback.
    • First Solar will report its third-quarter earnings after the market closes today.
  • Fiserv, Inc. (NASDAQ:FISV -- $98.38) provides financial services technology worldwide.
    • Fiserv will report its third-quarter earnings after the market closes today.
  • Fortive Corporation (NYSE:FTV -- $64.52) designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide.
    • Fortive will report its third-quarter earnings after the market closes today.
  • Four Corners Property Trust, Inc. (NYSE:FCPT -- $26.67) is a real estate investment trust.
    • Four Corners Property Trust will report its third-quarter earnings after the market closes today.
  • Gaming and Leisure Properties, Inc. (NASDAQ:GLPI -- $38.10) is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators.
    • Gaming and Leisure Properties will report its third-quarter earnings after the market closes today.
  • The Hanover Insurance Group, Inc. (NYSE:THG -- $99.41) provides various property and casualty insurance products and services.
    • Hanover Insurance will report its third-quarter earnings after the market closes today.
  • Hawaiian Holdings, Inc. (NASDAQ:HA -- $14.58) engages in the scheduled air transportation of passengers and cargo.
    • Hawaiian Holdings will report its third-quarter earnings after the market closes today.
  • Highwoods Properties, Inc. (NYSE:HIW -- $32.50) is a publicly-traded real estate investment trust.
    • Highwoods will report its third-quarter earnings after the market closes today.
  • Houlihan Lokey, Inc. (NYSE:HLI -- $62.66) is an investment banking company.
    • Houlihan Lokey will report its third-quarter earnings after the market closes today.
  • IDEX Corporation (NYSE:IEX -- $190.08) operates as an applied solutions company worldwide.
    • IDEX will report its third-quarter earnings after the market closes today.
  • John Bean Technologies Corporation (NYSE:JBT -- $86.63) provides technology solutions to food and beverage industry and equipment and services to air transportation industries.
    • John Bean Technologies will report its third-quarter earnings after the market closes today.
  • Juniper Networks, Inc. (NYSE:JNPR -- $21.89) designs, develops, and sells network products and services worldwide.
    • Juniper Networks will report its third-quarter earnings after the market closes today.
  • Kadant Inc. (NYSE:KAI -- $117.33) supplies equipment and critical components worldwide.
    • Kadant will report its third-quarter earnings after the market closes today.
  • Lattice Semiconductor Corporation (NASDAQ:LSCC -- $33.94) develops and sells semiconductor technologies.
    • Lattice will report its third-quarter earnings after the market closes today.
  • Masimo Corporation (NASDAQ:MASI -- $246.04) is a medical technology company.
    • Masimo will report its third-quarter earnings after the market closes today.
  • Matador Resources Company (NYSE:MTDR -- $8.18) is an independent energy company.
    • Matador Resources will report its third-quarter earnings after the market closes today.
  • Maxim Integrated Products, Inc. (NASDAQ:MXIM -- $71.24) designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits.
    • Maxim will report its third-quarter earnings after the market closes today.
  • Microsoft Corporation (NASDAQ:MSFT -- $210.08) develops, licenses, and supports software, services, devices, and solutions worldwide. MSFT stock took a hit near the end of September with major Outlook outages.

    -         Microsoft will report its third-quarter earnings after the market closes today.

  • MKS Instruments, Inc. (NASDAQ:MKSI -- $110.13) provides instruments, systems, subsystems, and process control solutions.
    • MKS Instruments will report its third-quarter earnings after the market closes today.
  • NCR Corporation (NYSE:NCR -- $21.09) provides software and services worldwide.
    • NCR will report its third-quarter earnings after the market closes today.
  • O-I Glass (NYSE:OI -- $10.50) manufactures and sells glass containers to food and beverage manufacturers.
    • O-I Glass will report its third-quarter earnings after the market closes today.
  • Omnicell, Inc. (NASDAQ:OMCL -- $84.10) provides medication management automation solutions and adherence tools for healthcare systems and pharmacies worldwide.
    • Omnicell will report its third-quarter earnings after the market closes today.
  • ONEOK, Inc. (NYSE:OKE -- $29.51) engages in gathering, processing, storage, and transportation of natural gas in the United States.
    • ONEOK will report its third-quarter earnings after the market closes today.
  • PPD, Inc. (NASDAQ:PPD -- $34.18) provides drug development services to the biopharmaceutical industry worldwide.
    • PPD will report its third-quarter earnings after the market closes today.
  • Red Rock Resorts, Inc. (NASDAQ:RRR -- $19.57) engages in casino entertainment, and gaming and entertainment businesses in the United States.
    • Red Rock Resorts will report its third-quarter earnings after the market closes today.
  • RenaissanceRe Holdings Ltd. (NYSE:RNR -- $174.90) provides reinsurance and insurance products.
    • RenaissanceRe will report its third-quarter earnings after the market closes today.
  • Renasant Corporation (NASDAQ:RNST -- $29.51) operates as a bank holding company for Renasant Bank.
    • Renasant will report its third-quarter earnings after the market closes today.
  • Rexnord Corporation (NYSE:RXN -- $32.09) designs, manufactures, and markets process and motion control, and water management products worldwide.
    • Rexnord will report its third-quarter earnings after the market closes today.
  • Skyline Champion Corporation (NYSE:SKY -- $25.01) operates as a factory-built housing company in North America.
    • Skyline Champion will report its third-quarter earnings after the market closes today.
  • SolarWinds Corporation (NYSE:SWI -- $21.44) provides information technology (IT) infrastructure management software products.
    • SolarWinds will report its third-quarter earnings after the market closes today.
  • Stifel Financial Corporation (NYSE:SF -- $61.54) provides securities brokerage, investment banking, trading, investment advisory and related financial services.
    • Stifel Financial will report its third-quarter earnings after the market closes today.
  • Summit Materials, Inc. (NYSE:SUM -- $18.83) produces and sells construction materials and related downstream products.
    • Summit Materials will report its third-quarter earnings after the market closes today.
  • Systemax Inc. (NYSE:SYX -- $23.46) operates as a direct marketer of brand name and private label industrial and business equipment and supplies.
    • Systemax will report its third-quarter earnings after the market closes today.
  • Tenable Holdings, Inc. (NASDAQ:TENB -- $36.60) provides cybersecurity solutions.
    • Tenable will report its third-quarter earnings after the market closes today.
  • Terex Corporation (NYSE:TEX -- $25.75) manufactures and sells aerial work platforms, materials processing machinery, and cranes worldwide.
    • Terex will report its third-quarter earnings after the market closes today.
  • Trustmark Corporation (NASDAQ:TRMK -- $24.28) operates as the bank holding company for Trustmark National Bank.
    • Trustmark will report its third-quarter earnings after the market closes today.
  • Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE -- $91.25) is a biopharmaceutical company.
    • Ultragenyx will report its third-quarter earnings after the market closes today.
  • UMB Financial Corporation (NASDAQ:UMBF -- $58.48) operates as the bank holding company for the UMB Bank.
    • UMB Financial will report its third-quarter earnings after the market closes today.
  • Unum Group (NYSE:UNM -- $19.24) provides financial protection benefit solutions.
    • Unum Group will report its third-quarter earnings after the market closes today.
  • Varian Medical System, Inc. (NYSE:VAR -- $172.46) designs, manufactures, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide.
    • Varian Medical will report its third-quarter earnings after the market closes today.
  • Veeco Instruments Inc. (NASDAQ:VECO -- $12.82) develops, manufactures, sells, and supports semiconductor and thin film process equipment.
    • Veeco Instruments will report its third-quarter earnings after the market closes today.


We have also rounded up the results of all those quarterly earnings reports released yesterday, October 26:

  • Affiliated Managers Group, Inc. (NYSE:AMG) operates as an asset management company providing investment management services. Affiliated Managers reported its third-quarter earnings before the bell yesterday.
    • Earnings per share were up 3.48% year over year to $3.27, which beat the estimate of $2.84. Revenue of $494,800,000 declined by 9.87% from the same period last year, which beat the estimate of $467,970,000.
  • Bank of Hawaii Corporation (NYSE:BOH) operates as the bank holding company for Bank of Hawaii. Bank of Hawaii reported its third-quarter earnings before the bell yesterday.
    • Earnings per share decreased 26.36% over the past year to $0.95, which beat the estimate of $0.84. Revenue of $165,900,000 decreased by 3.21% year over year, which beat the estimate of $162,500,000.
  • Community Bank System, Inc. (NYSE:CBU) operates as the bank holding company for Community Bank.  Community Bank reported its third-quarter earnings before the bell yesterday.
    • Earnings per share rose 1.19% over the past year to $0.85, which beat the estimate of $0.69. Revenue of $152,624,000 up by 2.87% year over year, which beat the estimate of $149,980,000.
  • Hasbro, Inc. (NASDAQ:HAS) operates as a play and entertainment company. Hasbro reported its third-quarter earnings before the bell yesterday.
    • Earnings per share were up 2.17% year over year to $1.88, which beat the estimate of $1.62. Revenue of $1,777,000,000 rose by 12.83% year over year, which beat the estimate of $1,730,000,000.
  • HCA Healthcare, Inc. (NYSE:HCA) operates as a health care services company in the United States. At the end of September, HCA stock was hit with a bear note and options volume hit double its normal volume on the stock. HCA Healthcare reported its third-quarter earnings before the bell yesterday.
    • Earnings per share decreased 13.90% year over year to $1.92, which missed the estimate of $2.32. Revenue of $13,311,000,000 higher by 4.86% year over year, which beat the estimate of $12,870,000,000.
  • Koppers Holdings, Inc. (NYSE:KOP) provides treated wood products, wood treatment chemicals, and carbon compounds. Koppers Holdings reported its third-quarter earnings before the bell yesterday.
  • New Residential Investment Corp. (NYSE:NRZ) is a real estate investment trust. New Residential Investment reported its third-quarter earnings before the bell yesterday.
    • Earnings per share were down 38.00% over the past year to $0.31, which missed the estimate of $0.38. Revenue of $103,320,000 declined by 48.91% year over year, which missed the estimate of $661,320,000.
  • Otis Worldwide Corporation (NYSE:OTIS) manufactures, installs, and services elevators and escalators worldwide. Otis Worldwide reported its third-quarter earnings before the bell yesterday.
  • PetMed Express, Inc. (NASDAQ:PETS) operates as a pet pharmacy in the United States. PetMed reported its third-quarter earnings before the bell yesterday.
    • Earnings per share rose 27.27% over the past year to $0.42, which beat the estimate of $0.40. Revenue of $75,436,000 higher by 7.86% year over year, which missed the estimate of $77,050,000.
  • SAP SE (NYSE:SAP) operates as an enterprise application software, and analytics and business intelligence company worldwide. SAP SE reported its third-quarter earnings before the bell yesterday.
    • Earnings per share increased 40.14% year over year to $1.99, which beat the estimate of $1.54. Revenue of $7,637,000,000 higher by 2.90% year over year, which missed the estimate of $8,160,000,000.
  • The Simply Good Foods Company (NASDAQ:SMPL) develops, markets, and sells branded nutritional foods and snack products. Simply Good Foods reported its third-quarter earnings before the bell yesterday.
  • AGNC Investment Corp. (NASDAQ:AGNC) operates as a real estate investment trust (REIT) in the United States. AGNC Investment reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share were up 37.29% year over year to $0.81, which beat the estimate of $0.56. Revenue of $302,000,000 up by 153.78% from the same period last year, which missed the estimate of $366,270,000.
  • Alexandria Real Estate Equities, Inc. (NYSE:ARE) is an S&P 500 urban office real estate investment trust. Alexandria Real Estate reported its third-quarter earnings after the market closed yesterday.
  • American Campus Communities, Inc. (NYSE:ACC) is the largest owner, manager and developer of high-quality student housing communities in the United States. American Campus Communities reported its third-quarter earnings after the market closed yesterday.
  • Amkor Technology, Inc. (NYSE:AMKR) provides outsourced semiconductor packaging and test services in the United States and internationally. Amkor reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share rose 65.22% over the past year to $0.38, which beat the estimate of $0.26. Revenue of $1,354,000,000 higher by 24.91% from the same period last year, which beat the estimate of $1,250,000,000.
  • Boyd Gaming Corporation (NYSE:BYD) operates as a multi-jurisdictional gaming company. Boyd Gaming reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share decreased 2.56% year over year to $0.38, which beat the estimate of $0.10. Revenue of $652,238,000 decreased by 20.42% from the same period last year, which beat the estimate of $568,130,000.
  • Brown & Brown, Inc. (NYSE:BRO) markets and sells insurance products and services. Brown & Brown reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share increased 33.33% over the past year to $0.52, which beat the estimate of $0.43. Revenue of $674,000,000 rose by 8.94% year over year, which beat the estimate of $640,890,000.
  • Cathay General Bancorp (NASDAQ:CATY) operates as the holding company for Cathay Bank. Cathay Bancorp reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share fell 24.44% over the past year to $0.68, which beat the estimate of $0.57. Revenue of $150,081,000 declined by 3.90% from the same period last year, which beat the estimate of $145,430,000.
  • Chegg, Inc. (NYSE:CHGG) operates direct-to-student learning platform that supports students on their journey from high school to college and into their career. Chegg stock beat earnings expectations last quarter, yet stayed flat post-earnings. A few weeks later, Chegg stock heated up and rallied. Chegg reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share decreased 5.56% over the past year to $0.17, which beat the estimate of $0.10. Revenue of $154,018,000 higher by 63.59% year over year, which beat the estimate of $143,680,000.
  • Cincinnati Financial Corporation (NASDAQ:CINF) operates direct-to-student learning platform that supports students on their journey from high school to college and into their career. Cincinnati Financial reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share were down 63.89% year over year to $0.39, which missed the estimate of $0.74. Revenue of $2,227,000,000 up by 31.00% year over year, which beat the estimate of $1,650,000,000.
  • Comfort Systems USA, Inc. (NYSE:FIX) provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services. Comfort Systems reported its third-quarter earnings after the market closed yesterday.
  • Crane Co. (NYSE:CR) manufactures and sells engineered industrial products. Crane reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share were down 25% over the past year to $1.05, which beat the estimate of $0.79. Revenue of $734,800,000 declined by 4.86% year over year, which beat the estimate of $670,690,000.
  • F5 Networks, Inc. (NASDAQ:FFIV) provides multi-cloud application services. F5 Networks reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share fell 6.18% over the past year to $2.43, which beat the estimate of $2.37. Revenue of $614,816,000 higher by 4.14% year over year, which beat the estimate of $606,290,000.
  • HealthStream, Inc. (NASDAQ:HLIT) provides workforce and provider solutions for healthcare organizations in the United States. HealthStream reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share decreased 88.00% over the past year to $0.03, which beat the estimate of ($0.05). Revenue of $94,892,000 declined by 18.00% from the same period last year, which beat the estimate of $82,050,000.
  • Heartland Financial USA, Inc. (NASDAQ:HTLF) provides commercial, small business, and consumer banking services. Heartland Financial reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share were up 37.23% year over year to $1.29, which beat the estimate of $0.89. Revenue of $153,713,000 rose by 9.23% year over year, which missed the estimate of $156,110,000.
  • Independent Bank Group, Inc. (NASDAQ:IBTX) operates as the bank holding company for Independent Bank. Independent Bank Group reported its third-quarter earnings after the market closed yesterday.
  • K12, Inc. (NYSE:LRN) is a technology-based education company. K12 reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share were up 220.00% year over year to $0.30, which beat the estimate of ($0.31). Revenue of $370,960,000 higher by 44.27% year over year, which beat the estimate of $362,520,000.
  • Medpace Holdings, Inc. (NASDAQ:MEDP) is a clinical contract research organization. Medpace reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share increased 53.52% year over year to $1.09, which beat the estimate of $1.07. Revenue of $230,373,000 rose by 6.54% year over year, which beat the estimate of $223,560,000.
  • Moelis & Company (NYSE:MC) provides strategic and financial advisory services in the United States and internationally. Moelis reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share fell 28.95% over the past year to $0.54, which beat the estimate of $0.03. Revenue of $207,604,000 decreased by 10.40% year over year, which beat the estimate of $145,080,000.
  • Natl Oilwell Varco, Inc. (NYSE:NOV) designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. Natl Oilwell Varco reported its third-quarter earnings after the market closed yesterday.
  • NXP Semiconductors N.V. (NASDAQ:NXPI) offers various semiconductor products. Earlier in October, we reported when NXPI stock reached new highs after receiving raised guidance and bullish notes. NXP Semi reported its third-quarter earnings after the market closes today.
  • OneMain Holdings, Inc. (NYSE:OMF) is a financial service holding company. OneMain Holdings reported its third-quarter earnings after the market closed yesterday.
  • Packaging Corporation of America (NYSE:PKG) manufactures and sells containerboard and corrugated packaging products in the United States. Packaging Corporation reported its third-quarter earnings after the market closed yesterday.
  • PotlatchDeltic Corporation (NASDAQ:PCH) is a real estate investment trust. PotlatchDeltic reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share rose 300.00% year over year to $1.20, which beat the estimate of $1.13. Revenue of $313,046,000 higher by 38.33% year over year, which beat the estimate of $308,360,000.
  • Principal Financial Group, Inc. (NASDAQ:PFG) provides retirement, asset management, and insurance products and services. Principal Financial reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share rose 17.07% year over year to $1.44, which beat the estimate of $1.39. Revenue of $3,292,000,000 decreased by 27.23% year over year, which missed the estimate of $3,630,000,000.
  • QTS Realty Trust, Inc. (NYSE:QTS) is a provider of data center solutions. QTS Realty Trust reported its third-quarter earnings after the market closed yesterday.
  • Sanmina Corporation (NASDAQ:SANM) provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services. Sanmina reported its third-quarter earnings after the market closed yesterday.
  • Simpson Manufacturing Co., Inc. (NYSE:SSD) designs, engineers, manufactures, and sells wood and concrete building construction products. Simpson Manufacturing reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share increased 38.64% year over year to $1.22, which beat the estimate of $0.55. Revenue of $326,076,000 higher by 6.96% year over year, which beat the estimate of $247,840,000.
  • TCF Financial Corporation (NASDAQ:TCF) operates as the financial holding company for TCF National Bank. TCF Financial reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share were down 35.71% year over year to $0.63, which missed the estimate of $0.64. Revenue of $495,977,000 up by 6.42% year over year, which missed the estimate of $505,790,000.
  • TriNet Group, Inc. (NYSE:TNET) provides human resources (HR) solutions for small and midsize businesses in the United States. TriNet Group reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share were down 30.86% year over year to $0.56, which beat the estimate of $0.16. Revenue of $216,000,000 declined by 2.26% from the same period last year, which beat the estimate of $177,910,000.
  • TrueBlue, Inc. (NYSE:TBI) provides specialized workforce solutions. TrueBlue reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share decreased 68.42% year over year to $0.24, which beat the estimate of $0.08. Revenue of $474,530,000 decreased by 25.48% year over year, which beat the estimate of $454,430,000.
  • Twilio, Inc. (NYSE:TWLO) provides a cloud communications platform. Options bulls blasted TWLO stock earlier this month as the stock reached all-time highs. Twilio reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share were up 33.33% over the past year to $0.04, which beat the estimate of ($0.03). Revenue of $447,969,000 higher by 51.82% from the same period last year, which beat the estimate of $409,790,000.
  • Varonis Systems, Inc. (NASDAQ:VRNS) provides software products and services. Varonis Systems reported its third-quarter earnings after the market closed yesterday.
    • Earnings per share rose 137.50% over the past year to $0.06, which beat the estimate of ($0.13). Revenue of $76,751,000 rose by 16.91% from the same period last year, which beat the estimate of $70,170,000.

Looking ahead to tomorrow, trade balance data is on tap, with earnings from Amgen (AMGN), Boeing (BA), eBay (EBAY), Etsy (ETSY), Fiverr (FVRR)Ford (F), Gilead Sciences, Sony (SNE), Teladoc (TDOC), and UPS (UPS) slated for release. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

Published on Oct 26, 2020 at 2:26 PM
  • Quantitative Analysis

Semiconductor name Nvidia Corporation (NASDAQ:NVDA) is almost two months removed from its Sept. 2 all-time high of $589.07. That's impressive when you consider the equity bottomed out at $180.68 during the broader market's mid-March pullback. So should investors be worried that a 3% loss for the month of October, set to be its first monthly loss since March? If past is precedent, no, as this slide brings the stock back within a historically bullish trendline.

More specifically, Nvidia stock is within one standard deviation of its 40-day moving average. According to Schaeffer's Senior Quantitative Analyst Rocky White, NVDA has tested support at this trendline six other times over the past three years. The stock was higher a month later 67% of the time, and averaged a 4.1% gain for that time period. A move of similar magnitude from NAV's current perch of $526.90 would put the equity at $548.50 -- and nearly erasing the October and quarterly deficit.

NVDA Chart October 26

In the options pits, there's a increasingly strong appetite for puts at the moment. Data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) shows Nvidia stock with a 50-day put/call volume ratio of 0.77, which ranks higher than 93% of readings in its annual range.

What's more, options traders are pricing in relatively low volatility expectations at the moment, per NVDA's Schaeffer's Volatility Index (SVI) of 52%, which sits in the 27th percentile of all other annual readings -- a boon for premium buyers. Plus, the equity's Schaeffer's Volatility Scorecard (SVS) sits at a relatively high 79 out of 100. This means the stock has greatly exceeded option traders' volatility expectations during the past year -- a boon for options buyers.

Published on Oct 26, 2020 at 1:37 PM
  • Most Active Weekly Options
  • Intraday Option Activity
  • Editor's Pick
 
Published on Oct 26, 2020 at 1:16 PM
  • Quantitative Analysis

The shares of Plug Power Inc (NASDAQ:PLUG) are down 4.2% at $14.40 at last check. And while the electrical company has cooled off from its Oct. 8, 12-year-high of $19.02, the equity still sports a jaw-dropping 385% year-over-year lead. What's more, the stock's latest pullback has it near a historically bullish trendline, which could push PLUG even higher in the coming weeks. 

More specifically, Plug Power stock just came within one standard deviation of its 40-day moving average, after spending a majority of the past several months above this trendline. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, four similar signals have occurred during the past three years. Three-quarters of the time, PLUG enjoyed positive returns one month after each signal, averaging a 43.6% gain. From the stock's current perch, a move of similar magnitude would put PLUG just above the $20 mark -- at a fresh record peak.

PLUG 40 Day

A short squeeze could create even more tailwinds for the security. Short interest rose 14% during the past two reporting periods, and the 61.91 million shares now make up a whopping 26.9% of Plug Power stock's available float. In other words, it would take just over two days to buy back these bearish bets, at PLUG's average pace of daily trading.

An unwinding of pessimism in the options pits could also send the equity higher. This is per the security's 50-day put/call volume ratio at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which sits in the 76th percentile of its annual range. In simpler terms, this suggests a healthier-than-usual appetite for bearish bets of late. 

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