FND - The Market Hated Financial Results for These 4 Stocks. Are Investors Getting It All Wrong?
2023-11-09 06:25:00 ET
Four times annually, investors are inundated with financial news from public companies. Public companies tend to report their numbers on a quarterly basis, and the majority report at about the same time. This time is affectionately called earnings season.
Hundreds of companies have already reported this earnings season, including shoe company Crocs (NASDAQ: CROX) , home-improvement retailer Floor & Decor (NYSE: FND) , and enterprise-software companies Paycom Software (NYSE: PAYC) and Confluent (NASDAQ: CFLT) . And the market hated the financial reports from all four of these companies.
Every situation is unique, and I believe investors are correct to react as they have for some of these. However, with one of these stocks in particular, I believe the market is getting it totally wrong.
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The Market Hated Financial Results for These 4 Stocks. Are Investors Getting It All Wrong?