Terry's Tips Stock Options Trading Blog

September 12, 2022 Warp Speed for This Lithium Producer Sociedad Quimica y Minera de Chile (SQM) producers highly sought after commodities, most notably lithium and potassium fertilizers. Though it missed on earnings in its August earnings report, it easily beat on sales. A couple of analysts raised their price target after the news, though the […]

September 6, 2022 Burlington Stores (BURL) reported earnings on August 25 that beat on profits but missed on revenue. Same-store sales fell 17%, more than analysts expected. The reasons should sound familiar by now – consumers coming under increasing price pressures and too much inventory. More significantly, BURL slashed its quarterly and full-year earnings forecast. […]

August 29 2022 For Whom the Bear Tolls This is not a great time to be a homebuilder. The housing boom is over by most accounts. Consumer confidence in the housing market dropped to its lowest point since 2011. Sales of new homes plunged to a 6-1/2-year low in July. The Fed is not letting […]

August 22, 2022 Sea of Trouble Sea Limited (SE) is a Singapore-based company that provides digital entertainment and e-commerce services. The company reported earnings on Tuesday before the bell that showed a wider loss than a year earlier, though analysts had expected poorer results. Revenues rose from a year earlier but failed to meet the […]

August 15, 2022 Cooking Without Gas Electric-vehicle maker Rivian Automotive (RIVN) reported earnings on Thursday afternoon that met on earnings but easily beat on revenue. In fact, revenue was up 283% from the previous quarter. But the company also warned that 2022 losses would be wider than expected. However, preorder growth is strong, and the […]

Storage-device maker Western Digital (WDC) reported earnings on Friday that topped estimates on both the top and bottom lines. However, both measures fell short of the year-ago figures. More importantly, the company issued dismal guidance, blaming softer consumer spending and inventory corrections. Q1 revenue is now expected in the $3.6-3.8 billion range, far below the […]

Zurich-based Chubb Limited (CB) is the world’s largest publicly traded property and casualty insurance company. CB reported earnings this week that topped estimates. But the market wasn’t sure how to react, as analysts offered a mix of target price increases and decreases.  What’s clear, however, is that analysts are overwhelmingly bullish toward CB, as 84% give […]

28 July 2022 Go With the Pro Prologis (PLD) is a real estate logistics company, leasing properties to businesses in 19 countries. The company reported earnings on Monday before the open that beat profit and revenue estimates. PLD also raised guidance for FY22. There were no upgrades or downgrades on the news, but a few […]

18 July 2022 Don’t Bank on It Wells Fargo (WFC) posted earnings on Friday morning that were underwhelming. Profits declined 48% from a year earlier, while revenue and earnings both fell short of expectations. Yet the stock soared 8% before closing 6.2% higher. Why the jump on seemingly bad news? It’s anyone’s guess, though it’s […]

Levi Strauss (LEVI) was one of the only well-known names that reported earnings this week ahead of the banks kicking off the season next week. The company beat estimates on both revenue and earnings, posting higher sales while avoiding – perhaps temporarily – excess retailer inventory and slowing consumer spending. The company cited a shift […]