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Wednesday
Aug082012

Best and Worst Performing S&P 500 Stocks on Earnings

So far this earnings season, 2,010 companies have released their quarterly numbers.  The average one-day change for these stocks on their report days (for companies that report after the close, we use the next day's change) has been strong at +0.51%.  And S&P 500 companies specifically have been doing twice as well with an average one-day gain of 1.01%.

Below is a list of the 40 best performing S&P 500 stocks on their report days this season.  At the top of the list is Dean Foods (DF), which actually reported just last night and is up 37.04% today.  MetroPCS (PCS) has done the second best with a one-day gain of 36.78%.  Fossil (FOSL) ranks third and is the only other stock that has gained more than 30%.  

Every stock on the list of best performers has gained more than 7.8% on its report day.  A few other noteworthy names on the list include Sprint (S), PulteGroup (PHM), Whole Foods (WFM), SanDisk (SNDK), US Steel (X), eBay (EBAY) and Amazon.com (AMZN).

While the average S&P 500 stock has gained on its report day this season, there have still been some big losers.  Below is a list of the worst performing S&P 500 stocks on their report days this season.  

As shown, Netflix (NFLX) is at the top of the list with a one-day decline of 25.02%.  Chipotle (CMG) ranks second at -21.51%, followed by International Game Technology (IGT) at -19.95% and Coach (COH) at -18.57%.  Two travel website stocks -- TripAdvisor (TRIP) and Priceline.com (PCLN) -- rank 6th and 7th worst with declines of more than 16%.  Some other notables on the list of earnings season losers include Starbucks (SBUX), Intuitive Surgical (ISRG), Corning (GLW), Alpha Natural (ANR) and Morgan Stanley (MS).

Interestingly, 6 of the 7 worst performing stocks this season have been from the Consumer Discretionary sector.  On the list of the best performers, the Technology sector is the most represented.

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