The earnings report came out this morning: here’s the link for all to review:
Earnings from website: http://www.nomadfoods.com/inve
stor-relations/news/news-relea ses/2017/08-24-2017-114540289. aspx
Earnings from Nasdaq.com: http://www.nasdaq.com/press-re
lease/nomad-foods-reports-seco nd-quarter-2017-financial-resu lts-20170824-00264
Financials to compare quarterly performance: http://financials.morningstar.
The metrics we look for within the report are increase in revenue and income quarter over quarter.
There was a year over year beat in revenue and income which is viewed by the retail as good news in most instances. Large institutions look for quarter over quarter growth and improvement as they can identify problems within the company earlier vs. an annual financial perspective. See financials below.
End of day candle analysis on a 5 minute shows end of day buying but also indecision in the last 4 candles. Key to note.
Via the indicators and financials this stock could go up or down and we are not recommending a buy or sell. We simply want to teach and provide tips you can add to your current trading plan. Set yourself strict trading rules and when parameters are met you trade. If not you pass.