This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

How to Trade Earnings Including CBS and Monster Beverage

NEW YORK (TheStreet) -- Today we crunch the numbers on two companies that report their quarterly earnings after the closing bell Thursday and four that report before the opening bell on Friday.

The profiles below provide trading guidelines for the stocks in two "crunching the numbers" tables that follow.

Bloomin' Brands (BLMN) ($22.28), down 7.2% year to date. Analysts expect the parent of Outback Steakhouse, Carrabba's Italian Grill and Bonefish to report earnings per share of 48 cents before the opening bell on Friday. The stock traded as high as $26.44 on Feb.25, and as low as $20.55 on April 28, well below its 200-day simple moving average now at $23.64. The weekly chart is negative with its five-week modified moving average at $22.80. A weekly value level is $21.02 with a monthly risky level at $24.99.

CBS Corp.  (CBS - Get Report) ($56.65), down 11% year to date. Analysts expect the broadcasting company to report EPS of 75 cents after the closing bell on Thursday. The stock set an all-time intraday high at $68.10 on March 11, and traded as low as $56.65 on Wednesday below its 200-day SMA at $58.94.

The weekly chart is negative with its five-week MMA at $59.75 in a pattern showing that a parabolic bubble is popping. A weekly value level is $54.25 with a semiannual pivot at $56.64 and semiannual and quarterly risky levels at $60.35 and $64.76, respectively.

Chiquita Brands (CQB) ($11.48), down 1.9% year to date. Analysts expect the distributor of fresh fruits and vegetables to report EPS of 14 cents before the opening bell on Friday. The stock traded as low as $9.90 on Feb. 10, and as high as $12.92 on March 10. It ended Wednesday below its 200-day SMA at $11.64.

The weekly chart is negative with its five-week MMA at $11.77 and the 200-week SMA at $10.39. Quarterly and monthly value levels are $10.95 and $10.38, respectively, with semiannual and weekly risky levels at $12.28 and $13.05, respectively.

Monster Beverage (MNST - Get Report) ($65.18), down 3.8% year to date. Analysts expect the distributor of energy drinks to report EPS of 49 cents after the closing bell on Thursday. The stock traded as high as $75.63 on Feb. 24, and as low as $63.16 holding its 200-day SMA at $63.27. The weekly chart is negative with its five-week MMA at $67.00. Weekly and quarterly value levels are $61.16 and $59.15, respectively, and monthly and semiannual risky levels at $71.88 and $74.37, respectively.

Ralph Lauren (RL) ($152.56), down 14% year to date. Analysts expect the upscale retailer of clothing, fragrances and home furnishings to report EPS of $1.64 before the opening bell on Friday. The stock has been below its 200-day SMA at $174.16 since Jan. 13, and traded as low as $146.00 on Feb. 5. It's now well below its 200-day SMA now at $165.99.

The weekly chart is negative with its five-week MMA at $155.92 and its 200-week SMA at $146.92. Weekly and quarterly value levels are $149.07 and $147.32, respectively, with annual and monthly risky levels at $156.84 and $159.88, respectively.

Stratasys (SSYS) ($94.22), down 30% year to date. Analysts expect the maker of 3D printers to report an EPS loss of 33 cents before the opening bell on Friday. The stock has been below its 200-day SMA since April 7, and traded as low as $90.65 on April 29, well below its 200-day SMA at $110.84.

Weekly and annual value levels are $90.26 and $85.62, respectively, with semiannual and monthly risky levels at $117.00 and $118.18, respectively.

Your investment policy among these stocks depends on whether you are a buyer on weakness or a seller of strength. We advocate using a good-'til-cancelled limit order to buy weakness to a value level or to sell strength to a risky level.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CBS $59.10 -0.07%
MNST $141.12 13.13%
AAPL $128.46 -1.50%
FB $78.97 -1.79%
GOOG $558.40 0.53%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs