Avg Daily Volume: 4,573,281 Market Cap: 6.18B Sector: Services Short Interest: 5.18 |
EARNINGS EXPECTATIONS:
ESTIMATED EPS: .0/share REV: 2,560/M
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LAST QTR: EPS: 2.14/share ESTIMATED: 2.07/share (BEAT)
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NEXT QTR: EPS: .23/share REV: 2,940/M
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FY19: EPS: 2.39/share REV: 13,400/M
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*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 68% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) -9.59, 6.45, -12.13
POTENTIAL JUMP MOVE: 12-15%
Links To Latest News and Headlines
HOUSTON, July 26, 2024–LandBridge Company LLC (“LandBridge”) today announced that it will release its financial results for the second quarter 2024 after market close on Wednesday, August 7, 2024. LandBridge will host a webcast and conference call to discuss its results on Thursday, August 8, 2024, at 8:00 a.m. Central Time / 9:00 a.m. Eastern Time.
The department store also recently launched a new assortment from Aéropostale and an expanded assortment from Madden Girl.
HOUSTON, July 09, 2024–Pickering Energy Partners acted as a co-manager on the IPO of 14,500,000 Class A shares for LandBridge Company LLC (NYSE: LB).
HOUSTON, July 01, 2024–LandBridge Company LLC (“LandBridge”) closed its initial public offering of 14,500,000 Class A shares representing limited liability company interests (“Class A shares”) at a price to the public of $17.00 per Class A share. In addition, the underwriters have exercised in full their 30-day option to purchase an additional 2,175,000 Class A shares at the public offering price, less underwriting discounts and commissions. The Class A shares began trading on the New York Stoc
HOUSTON, June 28, 2024–LandBridge Company LLC (“LandBridge”) today priced its initial public offering of 14,500,000 Class A shares representing limited liability company interests (“Class A shares”) at a price to the public of $17.00 per Class A share. In addition, LandBridge granted the underwriters a 30-day option to purchase up to an additional 2,175,000 Class A shares at the public offering price, less underwriting discounts and commissions. The Class A shares are expected to begin trading
Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.
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StockJumpers trajectory analysis reveals a less than positive reaction to the earnings release. The company the owner of Victoria’s Secret and other iconc brands has been printing multi-year lows and we were looking for a pop on positive release news. This may not be their quarter. They are expected to announce .0 profit per share against 2.5 billion in revenue, which they may meet, but all eyes are on next quarter and FY19 results.
Our preliminary analysis based on the data collected is a negative response, but this is not conclusive. We are biased SHORT on the event at this writing.
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TRADE PLAN:
ENTRY: SELL – end of day (may be revised)
STOP LOSS: NA
TAKE PROFIT: 8%
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UPDATE: (2:43PM) We remain biased short. Our latest review of the data, suggests a negative reaction as previously reported. The concern here is that the stock has been tanking all day is is down 5% from open which means the move may be priced in. Also they are printing NEW multi-year lows, even though it could go lower.
POST RELEASE ACTION: They beat on both, but the forward for next quarter is below expectations. We will take a loss on this one… (no follow on trade)
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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.