Market Summary

 

Earning Reports

Total Companies: (235) Stock Center View

Symbol Price EPS
Est.
Reporting
Time
ALV 1.41 06:00 am ET
LUV 0.53 06:30 am ET
FAF 0.59 07:00 am ET
PENN 0.06 07:00 am ET
RTN 1.60 07:00 am ET
UA 0.40 07:00 am ET
ZMH 1.30 07:00 am ET
CAT 1.36 07:30 am ET
RS 1.35 08:50 am ET
ACU 0.35 09:00 am ET
CNMD 0.39 4:00 pm ET
FSL 0.43 4:00 pm ET
WOOF 0.52 4:00 pm ET
ALGN 0.43 After Mkt
ALTR 0.37 After Mkt
AMZN -0.74 After Mkt
BAS 0.26 After Mkt
BJRI 0.13 After Mkt
BLDR 0.10 After Mkt
BMRN -0.23 After Mkt
BMTC 0.52 After Mkt
CB 1.95 After Mkt
CBI 1.41 After Mkt
CERN 0.42 After Mkt
CKH 0.83 After Mkt
CLMS 0.12 After Mkt
CLNE -0.28 After Mkt
CMRE 0.41 After Mkt
CPWR 0.07 After Mkt
CTCT 0.33 After Mkt
CYN 1.07 After Mkt
DECK 1.03 After Mkt
DLB 0.31 After Mkt
DV 0.29 After Mkt
ECHO 0.22 After Mkt
ELY -0.27 After Mkt
EW 0.73 After Mkt
FBRC 0.52 After Mkt
FII 0.35 After Mkt
FLS 1.00 After Mkt
FPO 0.25 After Mkt
FUBC 0.10 After Mkt
FWRD 0.59 After Mkt
GBCI 0.40 After Mkt
GHL 0.60 After Mkt
GIFI 0.23 After Mkt
GIMO -0.04 After Mkt
HBHC 0.58 After Mkt
HFWA 0.24 After Mkt
HUBG 0.54 After Mkt
HWAY 0.08 After Mkt
ICUI 0.48 After Mkt
IG -0.01 After Mkt
IM 0.62 After Mkt
INFA 0.33 After Mkt
JBSS 0.72 After Mkt
JNPR 0.35 After Mkt
KLAC 0.46 After Mkt
KMR N/A After Mkt
LOGM 0.28 After Mkt
LSCC 0.06 After Mkt
MCRL 0.10 After Mkt
MMSI 0.16 After Mkt
MOVE 0.01 After Mkt
MSFT 0.49 After Mkt
MTSN 0.00 After Mkt
MTX 1.07 After Mkt
MXIM 0.37 After Mkt
MXWL -0.10 After Mkt
N 0.04 After Mkt
NBHC 0.10 After Mkt
NCR 0.70 After Mkt
NTGR 0.61 After Mkt
OCFC 0.30 After Mkt
OFG 0.38 After Mkt
OLN 0.42 After Mkt
OPLK 0.26 After Mkt
P 0.08 After Mkt
PACB -0.16 After Mkt
PCCC 0.42 After Mkt
PDFS 0.15 After Mkt
PEB 0.63 After Mkt
PFG 1.06 After Mkt
PFPT -0.11 After Mkt
PGI 0.21 After Mkt
POL 0.48 After Mkt
QLIK 0.00 After Mkt
RMD 0.58 After Mkt
RUBI -0.17 After Mkt
RVBD 0.30 After Mkt
RXN 0.40 After Mkt
SBSI 0.55 After Mkt
SHOR 0.04 After Mkt
SIVB 1.23 After Mkt
SPNC -0.08 After Mkt
SPSC 0.16 After Mkt
SRCL 1.06 After Mkt
SSD 0.45 After Mkt
SWFT 0.35 After Mkt
SWN 0.52 After Mkt
SYNA 1.19 After Mkt
THRX -0.14 After Mkt
TOWN N/A After Mkt
UPI -0.07 After Mkt
VMI 2.18 After Mkt
VRSN 0.69 After Mkt
WHG N/A After Mkt
WRB 0.90 After Mkt
WRE 0.41 After Mkt
WRI 0.50 After Mkt
WSFS 1.40 After Mkt
AAL 1.63 Before Mkt
AB 0.44 Before Mkt
ACAT 1.18 Before Mkt
AEP 1.01 Before Mkt
ALK 1.42 Before Mkt
ALXN 1.16 Before Mkt
ARG 1.29 Before Mkt
AVT 0.97 Before Mkt
BBW 0.05 Before Mkt
BC 0.58 Before Mkt
BCC 0.69 Before Mkt
BHE 0.41 Before Mkt
BKU 0.45 Before Mkt
BMS 0.67 Before Mkt
CAB 0.86 Before Mkt
CAM 1.09 Before Mkt
CCE 0.88 Before Mkt
CCMP 0.63 Before Mkt
CELG 0.95 Before Mkt
CHKP 0.91 Before Mkt
CLI 0.47 Before Mkt
CLRO 0.12 Before Mkt
CMCSA 0.71 Before Mkt
CMS 0.38 Before Mkt
CNOB N/A Before Mkt
CRAI 0.35 Before Mkt
CRI 1.24 Before Mkt
CRS 0.16 Before Mkt
CSH 0.77 Before Mkt
CWEI 0.95 Before Mkt
DAN 0.50 Before Mkt
DGX 1.08 Before Mkt
DLX 1.00 Before Mkt
DNKN 0.47 Before Mkt
DO 0.79 Before Mkt
DPS 0.88 Before Mkt
EFSC 0.36 Before Mkt
EPZM -0.55 Before Mkt
EQM 0.86 Before Mkt
EQT 0.51 Before Mkt
FBNK 0.15 Before Mkt
GMT 1.16 Before Mkt
GNC 0.74 Before Mkt
GPI 1.44 Before Mkt
HERO -0.05 Before Mkt
IVC -0.26 Before Mkt
JAH 1.16 Before Mkt
JAKK 0.99 Before Mkt
JBLU 0.26 Before Mkt
JNS 0.22 Before Mkt
KKR 0.44 Before Mkt
LAWS N/A Before Mkt
LAZ 0.64 Before Mkt
LLY 0.67 Before Mkt
LO 0.90 Before Mkt
LSTR 0.81 Before Mkt
LTM 0.86 Before Mkt
MDP 0.64 Before Mkt
MGI 0.34 Before Mkt
MHO 0.41 Before Mkt
MINI 0.32 Before Mkt
MJN 0.90 Before Mkt
MMM 1.96 Before Mkt
MNI N/A Before Mkt
MNRO 0.51 Before Mkt
MTRN 0.43 Before Mkt
NLSN 0.65 Before Mkt
NUE 0.73 Before Mkt
NWE 0.43 Before Mkt
ORI 0.27 Before Mkt
OSIS 0.56 Before Mkt
OSTK 0.08 Before Mkt
OXY 1.57 Before Mkt
PCP 3.32 Before Mkt
PEBO N/A Before Mkt
PHM 0.36 Before Mkt
PJC 0.57 Before Mkt
PLD N/A Before Mkt
PRLB 0.47 Before Mkt
PTEN 0.47 Before Mkt
QSII 0.14 Before Mkt
RCL 2.19 Before Mkt
RYL 0.80 Before Mkt
SFNC 0.58 Before Mkt
SIAL 1.06 Before Mkt
SLAB 0.48 Before Mkt
SNBC N/A Before Mkt
SONS 0.01 Before Mkt
SQBK 0.23 Before Mkt
STBZ 0.21 Before Mkt
TBI 0.45 Before Mkt
TDY 1.28 Before Mkt
TNC 0.69 Before Mkt
TROW 1.15 Before Mkt
UAL 2.68 Before Mkt
UCBI 0.29 Before Mkt
UNP 1.52 Before Mkt
USG 0.46 Before Mkt
UTEK 0.00 Before Mkt
UTL 0.08 Before Mkt
VVI 0.98 Before Mkt
WCC 1.50 Before Mkt
WLB -0.74 Before Mkt
WMAR 0.33 Before Mkt
WSO 1.56 Before Mkt
WYNN 1.84 Before Mkt
AKBA -0.45 Unknown
ASPS 2.16 Unknown
COCO 0.11 Unknown
CYBE N/A Unknown
EBIO -0.44 Unknown
EDMC -0.08 Unknown
FFIC 0.38 Unknown
FRME 0.43 Unknown
GRUB 0.06 Unknown
KRO 0.21 Unknown
OABC N/A Unknown
SBY 0.06 Unknown
SONA 0.16 Unknown
STC 0.60 Unknown
STML -0.58 Unknown
STRT 1.40 Unknown
TRIB 0.20 Unknown
YNDX 10.43 Unknown

Today's Earnings Stocks Highlights

Symbol Name Last Change Volume EPS
Est.
Reporting
Time
Market
Cap
MSFT Microsoft Corporation 44.72 0.34 (0.77%) 14.44M 0.49 After Mkt 368.50B
AMZN Amazon.com, Inc. 313.91 0.94 (0.30%) 1.94M -0.74 After Mkt 145.00B
CMCSA Comcast Corporation 53.06 1.57 (3.06%) 11.14M 0.71 Before Mkt 137.30B
← Gold and Silver Gap Closing Earnings Season Kickoff →

Clipping The Wings of Shutterfly

Posted on 2011-10-05 by Daniel Ho

ShutterflyBy releasing only an iPhone 4S instead of an iPhone 5, Apple (NASDAQ: AAPL) had greatly disappointed investors, and its stock dropped more than 5% in the next few hours following its announcement. The buy program at the last hour helped saved everyone, including Apple, which only lost less than 1% when the market closed. Lost in the news was the carnage on Shutterfly (NASDAQ: SFLY), an online photo printing company, when Apple announced its Cards app, a built-in iphone app that allows iphone users to send a physical greeting card to someone from the iPhone for $2.99 in the US, and $5.99 internationally. This little piece of news caused Shutterfly to drop almost 20% before rebounding to lose only ~2% for the day.

Shutterfly is one of the most successful online photo printing company, which went public in 2006, and had grown riding the wave of digital photography, the mirror image of Kodak (NYSE: EK) ruined by the same trend. IPO'ed at $15/share, it continued to rise to $35/share in 2007, before it declined to a low of $6.25/share in 2009 at the height of the financial crisis. Since then, like the stock market, it started rising and traded as high as $63.47 in July this year. However, it started to decline from that point, and not long afterwards, it lowered Q3 guidance on Jul 27 and the stocks accelerated its decline. It rebounded in September but could not defy the market's fall, and closed at $40.31 before Apple tried to ruin its stock.

We are not sure how Apple's Cards app will affect Shutterfly, but we know that investors are certainly jumpy on their investments. Online printing, while a growing market, is quite competitive, with many players in it, such as Kodak Gallery, Costco (NASDAQ: COST), Snapfish, etc. Currently trading at a P/E of 75 and a forward P/E of 37, Shutterfly is clearly a growth stock, and it will need all the growth it needs to sustain its stock price. Meanwhile, management has been selling the stocks since it started recovering from the financial crisis.

Although the recent market swoon has taken down many sectors, consumer retail is one that had performed much better than the others. There is high expectation that US consumer spending will keep up, but that can change in a heartbeat if Europe's debt problem cause European banks to lock up, and proceed to spread to the US. With the company reporting earnings at the end of October, we believe another disappointment like last quarter combined with high nervousness of investors will simply devastate the stock. For those who go long on Shutterfly, it'd be much better to hedge downside through options. For those who are adventurous, we believe shorting the stock can potentially deliver handsome return.

Position: Short SFLY

This article originally appears on benzinga.com

← Gold and Silver Gap Closing Earnings Season Kickoff →

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