Terry's Tips Stock Options Trading Blog

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 […]

Nike (NKE) reported earnings on Monday that beat on the top and bottom lines. But many were not impressed, citing disappointing gross margin guidance, among other metrics. The stock was hit with a slew of target price downgrades, though that’s been the norm for all stocks as analysts make feeble attempts to catch up with […]

Darden Restaurants (DRI) reported earnings this week that beat on both revenue and profits. But the owner of such popular chains as Olive Garden, LongHorn Steakhouse and Capital Grille was beset by higher food, beverage and labor costs even as customers are more comfortable eating out again. Analysts weighed in with a plateful of target […]

Roku (ROKU) is a stock many believe is in play as a takeover candidate. Netflix and Disney are potential suitors, among others. Whatever the rumor or sentiment, the stock has been flat for the past seven weeks, which is saying something. In fact, since April 27, ROKU is down 2.7% while QQQ has fallen more […]

Target (TGT) reported earnings before the bell on Wednesday that beat estimates on both revenue and profits. The company also expects its fiscal Q4 comparable sales growth to be higher than previous forecasts. Moreover, TGT claimed the supply chain mess has not been an issue – store shelves are full and ready for the holiday […]