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 research tool. For details on how we trade these events and to get trained as a StockJumpers pro trader – watch the video below.
Target: Container Store (The) (TCS)
Earnings Release Date: 2/6/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
Container Store (The) (TCS) will be posting its FQ3-17 quarterly earnings results today at close. [TCS] is expected to post earnings of $.13 per share on revenue of 229.74 Billion. In the last quarter, the company reported $.12 earnings per share BEATING the analysts’ consensus estimate of $.07
Last 3 Quarters – “Jump Zone” Move: 36.55%, -22.68%, 46.26%
Consensus Estimates: ($.15 whisper) ($.15 estimize) ($ ($.13 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
OUR TRADE PLAN: SELL
ANALYSIS: market reaction to today’s release. We see a meet on most of the metrics but some negative news on the forward, and there are not enough positives to overcome market fear – especially in the retail sector with headwinds. Expectations are quite high this quarter for this stock and though they will report in the black we think after a small up move the stock will drop.negative
We are SHORT for today’s event. Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 10% +
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE