Diamonds and Dogs


Bankrate Inc. (RATE)

Bankrate is getting crushed today, down 22.41% at $11.25. The personal finance company saw its shares crash and burn today after releasing its preliminary quarterly earnings estimates. Bankrate's third-quarter outlook was an adjusted EPS of $0.11 to $0.13 on revenue of $115.5 million to $117.5 million versus the consensus of $0.20 and $132.7 million. Management stated that the miss on earnings was due to adjustments in their insurance leads business. Bankrate now expects full-year revenue growth of 8% to 12% from a year ago. The company set a new 52-week low today by over $3.00.

Domino's Pizza Inc. (DPZ)

Domino's Pizza is making dough today, up 7.64% at $41.16. The pizza delivery company saw its shares bake up nicely after beating third quarter estimates. Domino's reported an EPS of $0.43 beating Wall Street analysts' forecast of $0.41. Net income grew to $26 million, or 44 cents per share, for the company's fiscal third-quarter, ended September 9th. Furthermore, same store sales grew 3.3% domestically and 5% internationally pushing revenue up 0.5% to $378.1 million. Domino's is trading up near its 52-week high now.

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.