Tomorrow's Reporting Festivities

A few companies of interest reporting tomorrow:

  1. MELI - Reports After Close

Current Price: $1,255.74
52 Week Range: 600.69 - 1,337.75
Market Cap: $65B
YTD Momentum: +52%
About 6% Below High

Fairly Useless Comment: I’ve been in and out of MELI more than 10 times and decided this time to just keep it. Based on the chart if appears that it has some upside from here. Note: I have no idea how charts work. Here is a comment from a top analyst:

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiw36Gr4tf-AhWllGoFHYDTAyoQtwJ6BAgvEAE&url=https%3A%2F%2Fgetyarn.io%2Fyarn-clip%2Fa1668e1c-3e5c-4840-9355-e1bf7b8e8a48&usg=AOvVaw1rFXGcZ-Sw5MkFFUKGN4f5

What to expect:

  1. PERI - Reports Before the Open

https://www.perion.com/

Current Price: $35.00
52 Week Range: 16.41 - 42.75
Market Cap: $1.65B
YTD Momentum: +42%
About 18% Below High

Fairly Useless Comment: Israeli company that has something or other to do with digital advertising that is somehow linked to Bing which is linked to ChatGPT which is linked to MSFT.

What to Expect:

  1. Confluent - CFLT Reports After the Close

Current Price: $20.50
52 Week Range: 16.48 - 34.39
Market Cap: $6.3B
YTD Momentum: -3.9
About 40% Below its High

Fairly Useless Comment: Bert recently published an article on it which you can check out here:

  1. NARI - Reports After the Close

Current Price: $60.00
52 Week Range: 50.50 - 86.94
Market Cap: $3.5B
YTD Momentum: +5%
About 31% Below its High

Fairly Useless Comment: Ok so they have 7-8 months of slowing Revenue Growth bottoming out at 29% YOY on their last report. On the other hand they are spending a lot of time trying to open up international markets. So theres that.

What to expect:

  1. PCOR - Reports After the Close.

Current Price: $54.15
52 Week Range: 40.00 - 68.56
Market Cap: $7.7B
YTD Momentum: +17%
About 21% Below its High

Fairly Useless Comment: The company was on the hot list for a bout 2 weeks but got dumped. The stock price has been trending down since peaking in late February. Bert Has an article on it here:

What to Expect:

If I had to pick out the top candidate for After Report Hammering (ARH) it would be MELI followed by NARI; and insight, that has no basis or value whatsoever.

All the Best,

5 Likes

PERI reported a nice QTR: not spectacular…but nice.

  • Solid Beat on Non-GAAP EPS by 10 Cents
  • Beat on Revenue by about 2.&%
  • Revenue Growth of +15.8% YOY

Guided higher but only Luke warm. Stock price slightly down Intraday. With these guys its all about Bing.

2 Likes

MELI Reports

Beats EPS by 80 Cents

Beats on Revenue by 160M

Growth of +35.1% YOY

Initial Reaction: Fans go Wild.

Stock Up After Hours by $60 per share after MELi tacked on $24.25 in regular trading.

Dear MELI: Please don’t screw the pooch during the CC. Please.

2 Likes

PCOR Reports:

Beat on Non-GAAP EPS of 13 Cents.

Beat On Revenue of $10.79M. A very, very healthy beat of 5.3%

Revenue Growth of 34.2% YOY

Guides for over high end of consensus for Growth of 25-27%.

Initial Fan Reaction: Stock up &.*% After Hours.

Thats +7.8% AH for Procore…goofus.

NARI Reports:

Beat on GAAP EPS of 19 Cents.

Beat on Revenue by 5.9M or 5.36%…Very nice!

Revenue Growth of 33.9% YOY

Increased Full Year Guidance by $8M.

Initial Fan Reaction: Ho Hum! Stock is down in After Hours trading by a whole 21 Cents.

Confluent Reports:

Beat on Non-GAAP EPS by 5 Cents.

Beat on Revenue by $6.9M or 4.12%. Nice

Revenue Growth of 38.2% YOY

Fan Reaction: Shares up 6.96% in After Hours trading.