Perdocoe Education Corporation Jumps 70% in Past Year With a Recent Yearly High: Is Now the Time to Take a Position?
By Leslie N. Masonson, MBA Perdocoe Education Corporation (PRDO) is a Nasdaq-listed firm headquartered and incorporated in Schaumburg, Illinois in 1994 with 2,400 employees. It was formerly known as Career Education Corporation when the name was changed in January 2020. The company offers postsecondary education to almost 34,000 individuals using three approaches: online, campus-based, and blended learning to their [...]
Tesla Drops More Than 15% on Poor Earnings and Production Concerns: Time to Sell TSLA Stock?
Tesla (TSLA) delivered earnings for the third quarter yesterday, sending shares more than 10% lower in a single day and reaching its lowest point in more than 2 months. The stock continued that trajectory into Friday’s trading session and is down 5% so far this morning. While revenue did climb 13% year over year for the quarter, the $23.4 [...]
Netflix Gains 15% on Profitability Boost, Subscriber Growth: Is it Time to Buy, Though?
Streaming giant Netflix (NFLX) is up 15% so far in Thursday morning’s trading session after the company delivered solid third-quarter earnings, which featured a boost to both profitability and subscribers. We’ve talked about the company’s efforts to crack down on password sharing in the past and what it could mean for the streamer financially. And now, Netflix is reaping [...]
United Airlines Drops on Warnings of Profit Problems: It May Be Time to Sell This Stock
United Airlines (UAL) dropped more than 8% in Wednesday morning’s trading session after the company issued a grave profit warning along with its 3rd quarter earnings results. Adjusted earnings per share came in at $3.65 compared to the $3.35 analysts were looking for. Revenue narrowly outperformed the estimate at $14.48 billion compared to $14.44 billion. This was an improvement [...]
Johnson & Johnson Beats Earnings & Raises Forecast – So Why is the Stock Falling?
Yesterday, we highlighted Pfizer’s challenges in pivoting as a post-pandemic company. Today, its competitor Johnson & Johnson (JNJ) reported earnings itself. But, Johnson & Johnson painted an entirely different picture - beating out the earnings estimate on the top and bottom line while raising the forecast for the remainder of the year. The company delivered 3rd quarter revenue of [...]
Why is Pfizer Up 5% After Cutting Sales Outlook? 3 Things Investors Need to See
Pfizer (PFE) ended last week on a sour note, announcing after the market closed on Friday that it will cut $9 billion from its sales outlook. And yet, the stock is up more than 5% so far in Monday morning’s trading session. The full-year EPS has been adjusted to $1.45 to $1.65 on revenue between $58 billion to $61 [...]