Month: August 2017

EP Investment Club

Meeting Minutes for 8/9/17

Attendees: Grant, Nicky, Greg, Craig, Jenny, Eddie, Lloyd (guest)   General: Lloyd would like to join the club.   Updates: MO – 33% (25 shares) stop loss at $62 ULTA – sell all shares   Pitches: NFLX – Netflix ANET – Arista Networks F – Ford   Buys: F ANET  

$LEA Stock Update

LEA reported earnings on 7/26 beating the estimates by $0.28 at $4.39. Although growth has slowed for the stock, the love that analysts and others who cover the stock is still at a high. We’ll be continuing to hold Lear without much a worry in mind as we’re up 60% since inception.

$ULTA Stock Update

ULTA has continued it’s laggard performance. Although I really want to like this stock for the diversity it adds to our portfolio, I’m less than impressed with the trend it’s had. It has gotten downgraded multiple times by a few analysts over the past few weeks, Oppenheimer specifically downgraded from Outperform to Perform after pointing …

$ULTA Stock Update Read More »

$NOC Stock Update

  Earnings release July 26th: Earning of $3.15 per share, beating the estimate of $2.84 Revenue of $6.38 billion, beating estimate of $6.21 billion 14.2% increase in Aerospace systems sales Recent contracts won by NOC: Contract to offer maintenance requirements for Battle Field Airborne Communication Node (BACN) E-11A platform support Operations, and maintenance of command …

$NOC Stock Update Read More »

$JPM Stock Update

  Earnings July 14: EPS of $1.82 versus $1.58 estimated (attributed to more loans to customers and robust investment banking business) Revenue: $26.41 billion versus $24.96 billion estimated JPM lowered expectations for lending income by $500M In other news: JPMorgan officially canceled its popular in-branch instant debit card issuance program after months of phasing it out

$IPGP Stock Update

Earning highlights from August 1st included unprecedented levels of activity.: Smashed EPS estimated by 16% – $1.91 compared to estimates of $1.64 Revenue was up 46% to $369.4 million, beating even analysts’ optimistic projections for a roughly 32% gain Net income jumped at an even more impressive 55% pace to $104.1 million Their materials processing unit …

$IPGP Stock Update Read More »

$EA Stock Update

EA has had a sold performance over the past month, up some 8%. Earnings highlights from July 27 included: EPS at $0.31 (beating estimates of $0.27) Beat first-quarter revenue estimates (rising demand for its popular titles including “Battlefield 1” and “The Sims” Forecast current-quarter revenue $1.16 billion slightly below expectations of $1.18 billion Earnings for Q1 …

$EA Stock Update Read More »