You were right - took a big hit today
beats by $0.04, beats on revs; guides Q3 EPS below consensus, revs above consensus; guides Q4 (Dec) EPS, revs above consensus (93.89 ) : Reports Q2 (Jun) earnings of $0.80 per share, $0.04 better than the Capital IQ Consensus Estimate of $0.76; revenues rose 34.9% year/year to $556.7 mln vs the $536.1 mln consensus. Co issues mixed guidance for Q3, sees EPS of $1.00-1.03 vs. $1.24 Capital IQ Consensus Estimate; sees Q3 revs +22-24% YoY to ~$639.0-649.5 mln vs. $626.18 mln Capital IQ Consensus Estimate. Co issues upside guidance for Q4 (Dec), sees EPS of $1.78-1.82 vs. $1.76 Capital IQ Consensus Estimate; sees Q4 (Dec) revs +22-24% YoY to ~$855.3-869.4 mln vs. $831.42 mln Capital IQ Consensus Estimate.
Another stock which was priced for perfection was SODA.
it lost more than 30% in few hours this morning. i was tempted to dip my toes to follow the trend and some thing kept me back. i fell happt that i did not chase the momentum trend in SODA
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