Tickeron’s SMR rating for PDC is 80, indicating weak sales and an unprofitable business model.SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. Sales growth for PDC has been pretty good for the last few years, but analysts expect sales to decline by 21% for 2019.

Application software firm Splunk Inc. (Nasdaq: SPLK) has seen incredible growth over the last few years.Unfortunately the company lowered its forecast as part of the earnings announcement. Despite these impressive results for the most recent quarter and over the last few years, the stock is down over 20% since July 26.

However, the clothing & accessories retailer’s comparable sales growth came in lower than anticipated. The company’s adjusted earnings for the three months ending on August 3 came in at 39 cents, up from the year-ago quarter’s 34 cents and higher than the Street estimate of 32 cents. Group revenues increased +8% to $1.04 billion, slightly ahead of analysts’ expectation of $1 billion. While American Eagle’s same-store sales climbed +2% from last year, the growth rate fell short of  Wall Street forecasts of just over 3%.But he also emphasized on the company’s  18th consecutive quarter of positive consolidated comparable sales growth. The company's forecast for its third quarter 2019 earnings per share is between 47 cents and 49 cents, which is a lower range compared to Refinitiv forecast of 52 cents per share.

Amidst the ongoing Sino-American trade war, a leading gauge of U.S. manufacturing activity fell into contraction territory last month. For the first time during U.S. President Donald Trump's tenure, the Institute for Supply Management's manufacturing index dropped to a reading of 49.1% in August - from 51.2% in July.The manufacturing survey should not typically signal a recession in the overall economy until readings fall below 42.9%, according to the institute. While much of the U.S.-China tariff war narrative apparently centers around the objective of boosting U.S. industries, the decline in U.S. manufacturing activity could potentially imply headwinds to U.S. producers from rising tariff-induced costs of buying inputs/materials.

Coupa Software, Inc. reported an unexpected profit and surpassed analyst revenue estimates. The technology/software company’s earnings for the latest quarter came in at 7 cents a share, compared to a loss of -10 cents that analysts had expected.The figure is also higher than the year-ago quarter’s  $61.7 million. Looking ahead, Coupa boosted its full-year revenue forecast to a range of $369 million to $372 million, compared with its prior projection of $342 million to $344 million.

Tilray  shares climbed on Tuesday, following a re-iteration of a rating from Cowen & Co. Analysts at Cowen & Co. affirmed their outperform rating on the cannabis company.However, they also reduced their price target to $60 a share from $150. Tilray is facing headwinds in the form of weak industry supply, the company being substantially dependent on third parties - as indicated by analyst Vivien Azer. Nevertheless, the company is trying to mitigate the challenges by acquisitions (such as the Natura Naturals purchase) and expansions of its current facilities. Azer suggested that Tilray is well-positioned for multiple entry points into the U.S. , as well as benefit from international markets as it awaits final GMP certifications on its Portuguese license.

Tesla currently  imports all of the cars that sells in China from the U.S. – thereby  getting affected by retaliatory tariffs in China.China threatened last week to hike duties on U.S.-made cars to as high as 50% in response to President Donald Trump's latest round of tariffs on Chinese goods. But the recent tax exemption on some of the Tesla models  could potentially lower the overall tariff effect for Tesla.

On Sunday, the U.S. kicked off its latest round of tariff on China goods. The U.S.is  imposing 15% tariff rate on a range of imports from China, including footwear, smart watches and flat-panel televisions  - which are largely consumer goods.As part of this fresh round of levies, tariffs on $112 billion worth of Chinese goods have already been slapped on Sunday, with plans to impose duties on another $160 billion in mid-December. The tariffs prior to Sunday’s announcement were more focused on intermediate inputs like industrial components. According to the American Apparel and Footwear Association, 91.6% of Chinese apparel imports will be affected by the new round of tariffs, while 68.4% of home textiles and 52.5% of footwear would be hit as well. The remainder of the tariffs on China, planned for December, are expected to include cell phones and laptops as well. However, U.S. President Donald Trump has indicated that U.S. negotiations/talks with China are still und

The company is expecting revenue for the quarter to range between $140 million to $150 million, compared to analysts’ prediction of $162.6 million. For the fiscal full-year, American Outdoor’s earnings forecast is in the range of 70 cents to 78 cents a share – again below analysts’ expectation of 82 cents a share.The company’s full-year revenue guidance is a range of $630 million to $650 million, compared to analysts’ forecast of $644.4 million

Dell Technologies Inc.’s second quarter earnings came in higher than expected. The maker of computers and software reported second quarter non-GAAP earnings of $2.15 a share, surpassing analysts’ expectations of $1.47 a share. Revenue rose +2% year-over-year to reach $23.4 billion in the quarter, also beating the Street estimate of $23.27 billion. Vice chairman Jeff Clarke emphasized that IT spending remained healthy. The quarter saw exceptionally strong performance in Dell’s PC segment.Consumer revenue fell -12%, but that was cushioned by enterprise market – since the latter makes up the larger  part of the company’s total PC business. However, Dell’s storage revenue was flat, while servers and networking sales declined -12%.   

On Friday, Ambarella posted higher-than-expected second-quarter earnings. The video compression/ image processing semiconductor company’s adjusted earnings of 21 cents a share for the quarter significantly surpassed Zacks Consensus Estimate of 3 cents per share.  Revenue of $56.4 million for the quarter came in lower than  the year-ago quarter’s $62.5 million, but beat analysts’ estimate of $52 million (according to Zacks). Ambarella’s forecast for the fiscal third-quarter revenue ranges between $63 million and $67 million. Ambarella CEO Fermi Wang emphasized that the company’s optimism for its fiscal year 2020 prospects has increased, despite geopolitical uncertainty.  

Recently Big Lots reported its second quarter earnings, which turned out to be higher than analysts’ expectations.  The retail company’s adjusted earnings for the quarter came in at  53 cents a share, beating analysts’ estimate of 40 cents.However, the EPS was lower compared to the year-ago quarter’s  59 cents. Revenue of $1.25 billion matched the Street expectations, while rising above the year-ago quarter’s $1.22 billion. For the full-year, the company reiterated its outlook on earnings range, i.e.

Ulta Beauty shares plummeted close to -30%  Friday, after the company lowered its fiscal- full-year outlook and also missed earnings expectations. The chain of stores selling cosmetics and hair & skincare products reported net income of $2.76 per share which, although higher than the year-ago quarter’s $2.46, fell short of the Street estimate of $2.80. Revenue for the quarter increased +12% year-over-year to $1.7 billion, which was in line with expectations.  Comparable sales (which in this case includes stores open at least 14 months and e-commerce sales) increased +6.2%.

Workday’s second quarter earnings edged past analysts’  expectations, while the company boosted  its FY 2020 subscription revenue outlook. The  cloud-based financial management and human capital management software vendor reported a non-GAAP net earnings per diluted share of 44 cents, which is higher than the Street estimates of 35 cents.For the third quarter, the company’s forecast for subscription revenue is between $783 million and $785 million.   

Online payment solution provider Square, Inc (NYSE: SQ) has pulled back over the last four or five weeks and the stock gapped lower after its most recent earnings report.The company beat on both the top and bottom line, but investors were disappointed with the forecast. The stock gapped sharply lower after the earnings report and it continued down for a few weeks after the report.

Over the last eight months a trend channel has formed on Delta Air Lines (NYSE: DAL).The channel is very well defined and the lower rail connects the lows for 2019 while the parallel upper rail connects the highs from April and July.

Campbell Soup shares surged +5% before the bell Friday, following its report of fourth quarter earnings that surpassed analysts’ expectations. For the quarter ended July 28, the food company  raked in earnings-per-share of 42 cents (excluding certain items), beating the Street estimates by 1 cent, (based on Refinitiv poll of analysts). Net sales from continuing operations increased +2% year-over-year to $1.78 billion. In recent times, Campbell has been increasingly concentrating on its core soup and snack businesses, thereby divesting several of its international and fresh businesses, including Bolthouse Farms and Garden Fresh Gourmet salsa.Last month, the company expressed plans to sell Kelsen Group to a Ferrero affiliated company for $300 million.

Williams-Sonoma’s fiscal-second-quarter earnings came in higher than what analysts had expected. For the quarter ended Aug. 4, the e-commerce home-furnishing/kitchenware retailer reported adjusted earnings of 87 cents per share, compared to the Bloomberg estimate of 83 cents.Non-GAAP operating margin expanded +10 basis points to 6.9%.  Net revenue in the quarter rose +7.5% year-over-year to $1.37 billion, beating the Bloomberg estimate of $1.31 billion. Williams-Sonoma experienced comparable brand revenue growth of 6.5%, on the back of accelerating comparable growth for West Elm and Pottery Barn to 17.5% and 4.2%, respectively. Looking ahead, the company has predicted full-year non-GAAP diluted earnings-per-share of $4.60 to $4.80.

Box reported fiscal second quarter earnings that surpassed expectations, and the company also boosted its full year revenue guidance.  The cloud content management company’s adjusted earnings per share for the quarter came in at break-even, better than the Street estimates of a loss of -2 cent.The EPS was also higher than the prior year quarter’s  -5 cent loss. Revenue increased +16% from the year-ago quarter to $172.55 million, beating estimates of $169.5 million. Co-founder and CEO Aaron Levie emphasized that Box focused on and delivered more products to customers, and that the company drove strong add-on product attach rates of more than 80% across six-figure deals in Q2. For the full year 2020, Box raised its revenue guidance to a range between $690 million and $692 million, compared to previous range of $688 million to $692 million. The company maintained its full-year adjusted EPS projection of between break-even and +2 cents.

Shares of Zuora, Inc. climbed during after-hours trading Wednesday,  after the company reported its second quarter earnings and revenue - both of which topped analysts’ estimates.The company also raised its fiscal full-year revenue estimate.  The enterprise software company’s non-GAAP loss (attributable to common stock shareholders) came in at  -$9.5 million, or -9 cents a share.