Not exact matches
Another example, Macy's, which is popular with value investors for a high dividend combined with a low valuation multiples, also saw its worst single -
day stock performance
post earnings in over a decade, falling 14 percent.
The drop off comes even though quarterly
earnings posted in recent
days by General Dynamics, Lockheed Martin, and Northrup Grumman beat analyst expectations.
Hundreds of companies are set to
post earnings reports over the next few
days, including industry leaders McDonald's (NYSE: MCD), Apple (NASDAQ: AAPL), and Activision Blizzard (NASDAQ: ATVI).
Since the
earnings season kicked off last week, shares have returned, on average, a loss of 0.12 percent on the trading
day immediately after companies
posted their quarterly results, according to data from Bespoke Investment Group.
The SPDR S&P Retail ETF (XRT) fell 2.7 percent, with shares of Advance Auto Parts
posting their worst
day ever after
posting weaker - than - expected
earnings.
Using hedge fund analytics tool Kensho, CNBC found the S&P 500
posts a gain of 2.3 percent on average 30
days after third - quarter
earnings season begins, trading positive 79 percent of the time.
The next
day, I came across Hugh Howey's latest Author
Earnings Report (October 2014), and a couple of interesting
posts by Publishing Perspectives and Savvy Writers.
Almost every commentator taking up this debate presses home that essential, inescapable problem, including Michael Cader in the first of two Ether - length
posts («It's a quiet «news»
day») at Publishers Lunch, The Discussion Over «Author
Earnings» (Part 1).
Evans»
post was particularly timely as only
days later Apple released quarterly results and an
earnings forecast that were well under expectations, 1 and the primary reason cited by Apple CEO Tim Cook was a significantly slower iPhone upgrade rate.2