Weekly Comments – August 7, 2023 – ATSG, EGLE, HVT, PRDO, RPAY

ATSG  –  Updated view following quarter report, price movement.  In the final day of trading last week shares of Air Transport Services seemed to launch into orbit at the open.  The shares gapped dramatically higher and continued to rise on the day under…

EGLE  –  Revised outlook on quarter financial report.  Last week Eagle Bulk Shipping reported $18.0 million in net income or $1.42 per share on $101.4 million in total revenue.  The consensus estimate was for $0.66 per share in earnings on $93.2 million…

HVT  –  Quarter financial results trigger revised outlook.  Even before Havertys Furniture released traders were getting anxious.  During the immediate session before the announcement, as traders were awaiting the press release after the market close, the…

PRDO  –  Updated outlook following quarter financial report.  By the end of trading last week shares of Perdoceo Education completed formation of a particularly bullish signals in a point and figure chart called an Ascending Triple Top Breakout.  The signal…

RPAY  –  Preview of financial results expected this week.  This week Wednesday after the market close Repay Holdings is scheduled to report financial results for the second quarter ending June 2023.  A conference call to discuss the details with shareholders…

 

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