Options Trading News

Earnings, Revenue and Guidance Take a Toll

Weight Watchers is getting slimmed down this morning after reporting first-quarter profit of $0.74, below the $0.78 consensus estimate. Revenue also missed, guidance was poor and marketing expenses shot higher. WTW drops 16 percent before the bell on my tradeMONSTER platform.

American Tower Climbs on Profit Beat

American Tower reported funds from operations of $0.74, almost double the $0.40 expected by analysts. Revenue totaled $696.52 million, ahead of the $671.2 million consensus number. Management also raised guidance, sending AMT higher by 6 percent in early trading.

Not Much Green for Green Mountain Coffee

Green Mountain Coffee Roasters met estimates on the profit line, but everything else was weak. Revenue totaled just $885 million, far below the $972 million analyst forecast. Guidance for the next quarter was cut to a range of $0.48 to $0.53, down from $0.72. The full-year is also seen at no more than $2.50, versus a previous estimate of $2.65. GMCR is getting crushed in premarket trade on my tradeMONSTER platform, with a 39 percent drop in the premarket.

Acme Packet Cites Improving Demand

Acme Packet earned $0.17 in the first quarter, a penny ahead of expectations. Revenue was $70.83 million, versus the $69.31 million consensus estimate. Executives also stated the "company is gaining or maintaining market share in its core business," and APKT is up 7 percent in the pre.