It’s not just that Fitbit (FIT) reported a miss on the top-line, but more so that the company lowered expectations for the full-year and expectations regarding growth going forward. The average analyst estimate for revenue growth in 2016 was roughly 40%, before Fitbit’s revised guidance.Now, analysts expect the company to report revenue growth of roughly 26 percent for 2016.For 2017,…
Fitbit Misses Q3 Expectations And Lowers Full Year Guidance
A financial market resource for the every-day investor and trader.
-
S&P 500 Breaks & Closes Above 50-DMA As Retail Takes Center Stage
Seth Golden, , Research Reports, 0
It’s funny what a difference a week can make in the markets. Up until last week, the equity market...
-
The Fed Isn’t The Only One With the Power To “Ease”
Seth Golden, , Research Reports, 0
The Federal Reserve has not yet begun easing, but “Easing” is a multi-dimensional event, and increasingly, the outlines of...
-
Top Of Mind for June’s OP/EX Week
Seth Golden, , Research Reports, 0
Check out some top-of-mind topics and subject matter surrounding the market ahead of this week’s key economic data and...
-
Weekly State of the Market: More New Highs for 2022?
Seth Golden, , Research Reports, 0
The way Technicians feel about Fundamentals is the way Quants feel about Technicians!! Know which discipline aligns mostly with...
-
-
Fundstrat: Choppy 8 Weeks Ahead, But…
Seth Golden, , Research Reports, 0
This coming week is important, given the Presidential debate on Tuesday evening (9pm ET). And as we look ahead,...
-
Planting New Positions For Future Profit Harvests
Seth Golden, , Research Reports, 0
Welcome back Finom Group traders and investors! Two weeks ago the markets struggled, but still managed to eek out...
-
Yield Curve Inverts, Taking Equity Markets Down: What Next?
Seth Golden, , Research Reports, 0
It’s not the way bulls desired the week to end, especially after a strong Thursday performance, but when algorithms...
Recent Articles
Featured Products
- JPM Market Recap $0.00
- JPM Research Note $0.00
- JP Morgan Market Volatility Report $0.00