This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole. For details on how we trade these events and to get trained as a StockJumpers pro trader – watch the video below.
TARGET: F5 Networks, Inc. (FFIV)
Earnings Release Date: 1/24/18 (after market close)
Position Entry Time: (at or near EOD)
F5 Networks, Inc. (FFIV) will be posting its FQ-118 quarterly earnings results. [FFIV] is expected to post earnings of $2.04 per share with revenue of $523.45 million for the quarter. In the last quarter, the company reported $2.44 earnings per share BEATING the analysts’ consensus estimate of $2.20 EPS.
Last 3 Quarters – “Jump Zone” Move: 6.84%, -9.8%, 8.73%
Consensus Estimates: (2.08 whisper) ($2.10 estimize) ($2.04 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates)
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.
OUR TRADE PLAN: SELL
ANALYSIS: StockJumpers trajectory reveals a meet or or a slight beat on EPS and revenue metrics but perhaps a softer forward and we the stock dropping even though we do expect it to snap back. Last quarter they beat by .24 cents and we don’t see that happening today. The key to today’s event is in the forward guidance and that’s where we will be looking.
We are (overall) SHORT for the event – but may play it safe with a smaller trade allocation and then jump in deeper once we see the numbers.
(Note: This is an AFTER-market release today
TARGET ‘JUMP ZONE’ POTENTIAL: 8%
CONFIDENCE RANKING: 7
POTENTIAL OPTIONS CONTRACT: none