Morning Preview: Chipotle and General Electric Earnings

Today’s Thursday morning preview is all about earnings on StockTwits. This was a huge week for earnings with more than 100 companies reporting. Names like Coca-Cola, Johnson & Johnson, Goldman Sachs, Google, and General Electric all posted earnings. Here are the 3 things reports that everyone is talking about on StockTwits right now:

1.) Chipotle $CMG posted one of its strongest earnings reports in history. In-fact, the company set a new revenue record earning $904.2 million for the quarter. On StockTwits, there’s already been a 28% increase in message volume. But something to keep an eye on is sentiment. Currently StockTwits $CMG sentiment stands at 54% bullish vs 46% bearish:

Did I read that correctly? $CMG comp up 13.4%? And mostly the result of traffic, not price. Wow.

— herb greenberg (@herbgreenberg) Apr. 17 at 08:07 AM

$CMG earnings highlights. there are easier stocks to short… http://stks.co/r0DoI

— Steven Spencer (@sspencer_smb) Apr. 17 at 08:05 AM

 
 
2.) General Electric $GE also reported earnings early this morning and it’s been a top trending ticker on StockTwits ever since. General Electric is a must-read earnings report because it conducts business and operates factories around the world. To some extent, it’s an excellent indicator of global business conditions. GE took a big hit on sales this year because they sold NBC, but they did manage to beat estimates on the bottom line:

$GE reports Q1 adj. EPS 33c, cons. 32c; revs. $34.18B, cons. $34.36B (-2.3% YoY); on track to achieve $1B in structural cost-out for year.

— Jan (@xtremezz) Apr. 17 at 06:50 AM

$GE They sold nbc last year. That's why sales are down year over year. Solid earnings however.

— justin malarkey (@malarkeyracing73) Apr. 17 at 07:13 AM

 
 
3.) The markets are closed on tomorrow, April 18, for Good Friday. Heading into the holiday, the S&P 500 is up 0.75%, The Nasdaq Composite is down 2.16%, and the Dow Jones Industrial Average is down 0.92%. Now, we leave you with an interesting seasonality chart about how the stock market performs before and after holidays (click the link in the message below):

Afternoon Brain Candy: Market Behavior Before & After the Holidays >> $study @onpaper http://stks.co/r0Dek

— lumberjax (@lumberjax) Apr. 16 at 02:46 PM


Tickers: , , , ,

blog comments powered by Disqus
StockTwits Blog
  • StockTwits® is an open, community-powered idea and information service for investments. Users can eavesdrop on traders and investors, or contribute to the conversation and build their reputation as savvy market wizards. The service takes financial related data and structures it by stock, user, reputation, etc. More »

  • Search by Date

  • Join StockTwits