Gainers
- Illumina, Inc. (NASDAQ:ILMN) shares are up 6 percent following a second-quarter earnings and sales beat. Adjusted earnings came in at $1.43 per share, beating estimates by 32 cents. Sales came in at $830 million, beating estimates by $44 million. The company issued strong FY18 adjusted earnings guidance and sees sales growth of 20 percent.
- Chegg Inc (NYSE:CHGG) shares are up 6.7 percent following an earnings beat. Second-quarter adjusted EPS of 12 cents beats an 8 cents estimate. Sales of $74.22 million beat $70.28 million estimates.
- SunPower Corporation (NASDAQ:SPWR) shares are up 4.7 percent after an adjusted second-quarter earnings loss of 1 cent per share beat estimates by 28 cents. Sales of $44.72 million also came in well ahead of estimates.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Losers
- Varonis Systems Inc (NASDAQ:VRNS) shares are down 13 percent after reporting a second-quarter earnings miss. Earnings came in at $(0.08), missing estimates by 3 cents. Sales came in at $62 million, beating estimates by just $20,000. The company sees third quarter sales of $64 million-$65 million.
- Texas Roadhouse Inc (NASDAQ:TXRH) shares are down 11 percent after reporting a second-quarter earnings miss. Earnings came in at 62 cents per share, missing estimates by 5 cents. Sales came in at $629 million, missing estimates by $5 million. Comps in the first four weeks of the third quarter are up 4.7 percent year-over-year. Management says it sees positive comps growth for FY18.
- Rambus Inc. (NASDAQ:RMBS) shares are down 5 percent despite reporting a second-quarter earnings beat. Earnings came in at 21 cents per share, beating estimates by a penny. Sales came in at $99 million, beating estimates by $2 million. The company sees third-quarter earnings of $(0.13)-$(0.06) and sales in the range of $45 million-$51 million.
- AK Steel Holding Corporation (NYSE:AKS) shares are down 8 percent after reporting a second quarter earnings miss. Earnings came in at 18 cents per share, missing estimates by 2 cents. Sales came in at $1.747 billion, missing estimates by $3 million.
- NutriSystem Inc. (NASDAQ:NTRI) shares are down 2 percent despite reporting a second-quarter earnings beat. Earnings came in at 87 cents per share, beating estimates by 6 cents. Sales came in at $191 million, beating estimates by $2 million. The company raised FY18 guidance.