Earnings season is still going strong, with all its idiosyncrasies front and center. Generally stable stocks can go through a bout of volatility—and high-growth ones, by their very nature more unpredictable, can really spike or slump depending on the numbers.
Post-Earnings Movers These Russell 1000 stocks responded dramatically to quarterly reports in recent years. Note: Percent change data over the past 20 quarters through Q1 2021. Data as of May 14, 2021.Of the eight, a few things stand out. First, although we limited the screen to companies with at least two years of results, only one—solar-solutions designer and maker Enphase Energy —has been public for all of the five years we looked at.
Pinterest , the social networking service, leads the pack with an absolute average post-earnings percentage change of 17.4. Its shares were hammered last month despite the company’s earnings and revenue figures topping consensus estimates. Analysts were disappointed by user-growth figures. Still, the stock has averaged a gain of 4.1% with nine reported quarters as a public company.
no one wants to take a walk today?