Tim Ghriskey Earnings Quotations

I think the big thing is the second quarter sales and earnings being below expectations.

It is an oil day. Oil is over $68 now and that, combined with a very hawkish statement from the Fed, is weighing on the market. Energy prices at the gas pump are impacting consumer spending and its impact is reflected in AutoZone's earnings and Avon's profit warning.

When a company selling at this valuation and is this much of a Wall Street darling, and what we call a cult stock, misses earnings to the degree it missed here, the stock is really going to be hurt by it.

Earnings and revenue were both significantly better than expected.

The big thing is the second-quarter sales and earnings (forecast) being below expectations. It's not going to be greeted favourably in this environment.

Earnings in 2006 will be influenced by a combination of higher rates, energy prices and perhaps even lower demand. The market is not excited with stocks right now.

After the peak season ends, the fee increases will kick in and that will be a major driving factor in boosting earnings for the full year.

This is a competitive market. When a company selling at this valuation and is this much of a Wall Street darling, and what we call a cult stock, misses earnings to the degree it missed here, the stock is really going to be hurt by it.

This is a company where management is still committed to spending earnings to stimulate future growth and market share. You are betting with management that their efforts are going to pay off. Is there any guarantee? No.