Top Trending Tickers On StockTwits For February 27


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Here's a look at the top tickers trending on StockTwits.comJ.C. Penney: Margin improvements, decent outlook

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Last night, J.C. Penney (NYSE: JCP) reported its fourth quarter results. The company announced an EPS of -$0.68, beating the consensus estimate of -$0.85. Revenue of $3.78 billion missed the consensus estimate of $3.8 billion. Gross margin improved in the quarter by 460 bps to 28.4 percent in the quarter compared to 23.8 percent in the same quarter last year. Net income for the quarter totaled $35 million compared to a net loss of $552 million in the same quarter last year.J.C. Penney said that comparable sales will be up by a mid-single digit percentage for the fiscal year and the company expects “significant” gains in its gross profit margin. Shares were trading higher by 25.00 percent in the pre-market session. Baidu: Strong earningsLast night, Chinese based Baidu (NASDAQ: BIDU) reported its fourth quarter results. The company announced an EPS of $1.39, beating the consensus estimate of $1.37. Revenue of RMB9.523 billion (approximately $1.573 billion) beat the consensus estimate of RMB9.23 billion (approximately $1.53 billion.) Revenue per online ad customer grew 9.4 percent quarter over quarter and 34.8 percent year over year despite a 2.8 percent quarter over quarter drop in active online ad customers to 451,000. Traffic acquisition costs rose to 12.3 percent of revenue from 11.7 percent in the third quarter and 9.6 percent in the same quarter last year.Baidu issued guidance and expects its first quarter revenue to be in between RMB9.24 billion to RMB9.52 billion, roughly $1.526 billion to $1.573 billion, above the consensus estimate of RMB8.67 billion ($1.43 billion.)Shares were trading higher by 5.3 percent in the pre-market session.Best Buy: Investors happy with earnings report

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This morning, Best Buy (NYSE: BBY) reported its fourth quarter results. The company announced an EPS of $1.24, beating the consensus estimate of $1.01. Revenue of $14.47 billion missed the consensus estimate of $14.66 billion. Comparable store sales declined 1.7 percent but the company swung to a net profit of $293 million in the quarter compared to a loss of $409 million in the same quarter last year. Operating income as a percentage of revenue fell to 4.5 percent from 5.7 percent in the same quarter last year.“While we cannot be satisfied with the fourth quarter operating income rate decline of 120 basis points, the decline included the expected approximate 100-basis point negative impact associated with our mobile warranty and new credit card agreement economics that we called out in our Q3 FY14 earnings release,” the company said in a press release.Best Buy said that it gained market share due to its strategy to be price competitive but warned that it expects total comparable-store sales to drop slightly throughout the first half of 2014. Shares were trading higher by 7.2 percent in the pre-market session.E-Commerce China Dangdang: Solid earningsThis morning, E-Commerce China Dangdang (NYSE: DANG) reported its fourth quarter results. The company announced an EPS of $0.04, beating the consensus estimate of -$0.07. Revenue of $325.7 million beat the consensus estimate of $315.83 million.Net loss for the quarter totaled RMB21.7 million ($3.6 million) compared with a net loss of RMB122.1 in the same quarter last year. Gross margin for the quarter totaled rose to 17.6 percent in the quarter compared with 13.4 percent in the same quarter last year.The company noted that it gained 3.1 million new customers in the quarter as total members totaled 8.9 million active customers. Dangdang said that it plans to drive growth in 2014 by devoting resources to developing destination categories while seeking to expand market share in books and media market. “We remain focused on the healthy development of our business and will employ a disciplined approach to improve our financial condition and performance,” the company said in a press release.Shares were trading higher by 11.25 percent in the pre-market session.Sears: Surprised some with earnings beatThis morning, Sears Holdings (NASDAQ: SHLD) reported its fourth quarter results. The company announced an EPS of -$0.96, beating the consensus estimate of -$1.82. Revenue of $10.6 billion beat the consensus estimate of $10.57 billion.Net income for the quarter rose to $46 million from $26 million in the same quarter last year. Gross margin for the quarter fell to 23.4 percent from 25.8 percent in the same quarter last year. Sears announced that it grew its online and multi-channel sales by ten percent and as a whole the company generated $2.0 billion of liquidity versus an objective of $500 million through $1.0 billion in proceeds from real estate and $1.0 billion in five-year term loans. Inventory was reduced by $620 million, ahead of an objective of $500 million.Shares were trading higher by 7.21 percent in the pre-market session.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsBaidubest buyChina E-CommercedangdangJ.C. PenneySears Holdings