Market Summary

 

Earning Reports

Total Companies: (191) Stock Center View

Symbol Price EPS
Est.
Reporting
Time
ALV 1.63 06:00 am ET
DST 1.70 07:00 am ET
F 0.23 07:00 am ET
PENN -0.02 07:00 am ET
RTN 1.80 07:00 am ET
ZMH 1.71 07:00 am ET
IVZ 0.62 07:30 am ET
ALLY 0.40 08:00 am ET
HAR 1.28 08:00 am ET
PSX 1.37 08:00 am ET
PSXP 0.38 08:45 am ET
EPAY 0.36 4:00 pm ET
KFX 0.08 4:00 pm ET
ABAX 0.25 After Mkt
ALGN 0.49 After Mkt
AMZN 0.17 After Mkt
AVNW -0.05 After Mkt
BCR 2.24 After Mkt
BIIB 3.78 After Mkt
BRCM 0.87 After Mkt
BXP 1.25 After Mkt
CACC 3.28 After Mkt
CB 2.16 After Mkt
CBSTZ N/A After Mkt
CHFN N/A After Mkt
CMRE 0.37 After Mkt
COHR 0.77 After Mkt
CORT -0.06 After Mkt
CPHD -0.13 After Mkt
CPSI 0.87 After Mkt
CSC 1.12 After Mkt
CTCT 0.32 After Mkt
CYTK -0.17 After Mkt
DECK 4.52 After Mkt
EFII 0.52 After Mkt
ELX 0.19 After Mkt
ELY -0.56 After Mkt
EMN 1.52 After Mkt
FFBC 0.31 After Mkt
FICO 0.62 After Mkt
FISI N/A After Mkt
GBCI 0.41 After Mkt
GDOT 0.17 After Mkt
GFF 0.13 After Mkt
GIMO 0.08 After Mkt
GOOGL 7.11 After Mkt
HA 0.40 After Mkt
HBI 1.43 After Mkt
HFWA 0.24 After Mkt
HLIT 0.03 After Mkt
HVB 0.16 After Mkt
INVN 0.20 After Mkt
IRWD -0.21 After Mkt
ISBC 0.11 After Mkt
JDSU 0.16 After Mkt
LEG 0.45 After Mkt
LTRX -0.02 After Mkt
MATW 0.44 After Mkt
MBFI 0.51 After Mkt
MBVT 0.52 After Mkt
MCHP 0.62 After Mkt
MCRL 0.04 After Mkt
MTW 0.32 After Mkt
MTX 1.07 After Mkt
N 0.10 After Mkt
NATI 0.30 After Mkt
NBHC 0.05 After Mkt
NBTB N/A After Mkt
NEU 3.92 After Mkt
NFG 0.88 After Mkt
NGVC 0.14 After Mkt
PCCC 0.41 After Mkt
PFG 1.04 After Mkt
PFPT -0.11 After Mkt
PKI 0.78 After Mkt
PMCS 0.11 After Mkt
PRK N/A After Mkt
QLGC 0.29 After Mkt
RHI 0.61 After Mkt
RUBI 0.03 After Mkt
RVBD 0.32 After Mkt
SCSC 0.66 After Mkt
SFG 1.35 After Mkt
SIGI 0.64 After Mkt
SRDX 0.21 After Mkt
SWI 0.47 After Mkt
SYNA 1.22 After Mkt
TBBK -0.05 After Mkt
TFSL 0.06 After Mkt
TUES 0.56 After Mkt
UIS 1.27 After Mkt
V 2.49 After Mkt
VR 1.22 After Mkt
WERN 0.38 After Mkt
WSBC N/A After Mkt
WSFS 1.40 After Mkt
WYNN 1.43 After Mkt
AIT 0.68 Before Mkt
ALXN 1.29 Before Mkt
APD 1.49 Before Mkt
ARCP 0.26 Before Mkt
ATTU 0.11 Before Mkt
BAX 1.31 Before Mkt
BBGI N/A Before Mkt
BC 0.27 Before Mkt
BEAV 0.70 Before Mkt
BMS 0.56 Before Mkt
BOFI 1.22 Before Mkt
BX 0.93 Before Mkt
CACB 0.05 Before Mkt
CAH 1.10 Before Mkt
CAM 1.20 Before Mkt
CBF 0.26 Before Mkt
CCMP 0.57 Before Mkt
CELG 0.99 Before Mkt
CHKP 1.05 Before Mkt
CL 0.74 Before Mkt
CMCO 0.37 Before Mkt
CMS 0.36 Before Mkt
COH 0.66 Before Mkt
CPF 0.27 Before Mkt
CRR 0.64 Before Mkt
CRRC 0.24 Before Mkt
CSH 0.44 Before Mkt
DGX 1.05 Before Mkt
DHX 0.12 Before Mkt
DOW 0.69 Before Mkt
DSPG 0.03 Before Mkt
EMC 0.68 Before Mkt
EPD 0.37 Before Mkt
FBNK N/A Before Mkt
FCBC 0.42 Before Mkt
GLOP 0.51 Before Mkt
HAE 0.51 Before Mkt
HAFC 0.34 Before Mkt
HGG -0.05 Before Mkt
HOG 0.34 Before Mkt
HP 1.52 Before Mkt
HSY 1.06 Before Mkt
HZO -0.10 Before Mkt
ITG 0.38 Before Mkt
JBLU 0.24 Before Mkt
KELYA 0.21 Before Mkt
KEM 0.09 Before Mkt
KMT 0.55 Before Mkt
LANC 1.28 Before Mkt
LRN 0.29 Before Mkt
LSTR 0.81 Before Mkt
MD 0.86 Before Mkt
MJN 0.88 Before Mkt
MLM 0.82 Before Mkt
MMYT 0.03 Before Mkt
MTH 1.03 Before Mkt
NDAQ 0.74 Before Mkt
NOC 2.25 Before Mkt
NYCB 0.27 Before Mkt
OSTK 0.25 Before Mkt
OXY 0.68 Before Mkt
PHM 0.40 Before Mkt
POPE N/A Before Mkt
PTRY 0.54 Before Mkt
RCL 0.42 Before Mkt
RGLD 0.27 Before Mkt
RGS -0.09 Before Mkt
RYL 0.96 Before Mkt
SHW 1.38 Before Mkt
STBZ 0.30 Before Mkt
SWK 1.52 Before Mkt
SXC 0.26 Before Mkt
SXCP 0.52 Before Mkt
TCB 0.29 Before Mkt
TDY 1.38 Before Mkt
TKR 0.61 Before Mkt
TMO 1.94 Before Mkt
TWC 2.08 Before Mkt
UBSI 0.51 Before Mkt
VIAB 1.28 Before Mkt
VLO 1.33 Before Mkt
VLY 0.14 Before Mkt
VRTS 2.42 Before Mkt
WCC 1.48 Before Mkt
WRLD 2.19 Before Mkt
XEL 0.34 Before Mkt
BZC N/A Unknown
DDE N/A Unknown
DVD N/A Unknown
ITI -0.01 Unknown
LODE -0.02 Unknown
NUTR N/A Unknown
PCAR 1.09 Unknown
STRT 1.56 Unknown

Today's Earnings Stocks Highlights

Symbol Name Last Change Volume EPS
Est.
Reporting
Time
Market
Cap
V Visa Inc. 248.00 1.64 (0.67%) 3.82M 2.49 After Mkt 155.80B
AMZN Amazon.com, Inc. 311.78 7.87 (2.59%) 7.42M 0.17 After Mkt 144.40B
CELG Celgene Corporation 120.87 1.90 (1.60%) 4.91M 0.99 Before Mkt 96.54B
← 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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