Diamonds and Dogs


Gentiva Health Services Inc. (GTIV)

Gentiva Health is making investor feel sick today, down 4.07% at $11.32. The healthcare company saw its shares diminish after revenue was announced lower than expectations. The company announced revenue of $427.7 million versus analysts' estimates of $436.2 million. Furthermore, GAAP reported sales were 4.7% lower than the last year's quarter of $448.7 million. One positive note from Gentiva's earnings was the company beat EPS estimates with room to spare. EPS came in at $0.35 per share versus estimates of $0.28 per share. Gentiva is trading at nearly five times its 52-week low of $2.81.

Azz Inc. (AZZ)

Azz Inc. is shocking investors today, up 9.15% at $37.94. The electrical equipment maker saw its shares get a spark after releasing better than expected quarterly results. Azz released an EPS of $0.62 versus analysts' consensus of $0.52. Revenue at its galvanizing business jumped 24% and electrical and industrial products revenue doubled. The positive quarter also caused the company to increase their full year forecast. Management now sees 2013 adjusted EPS of $2.25-$2.40 on revenue of $575 million-$600 million, versus its prior view of $2.05-$2.15 and $550 million-$575 million. Azz broke through its previous 52-week high by more than $2.00 giving investors a jolt of optimism.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.