michelcarroll/llama2-earnings-stock-prediction-fine-tune huggingface dataset:
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. I think the way you're thinking about it correctly, David, a pickup. We closed ITS on April 1. And so we'll essentially have a 1/4 of those revenue and earnings from that acquisition into our numbers. And yes, that is included in our guidance of the mid-single digits for Electronic Materials for Q3. So you're thinking about that the right way. And again, we've provided some information, I think, even on this call and previously about how to think of the financial dimensions of that acquisition. I think then -- and I'm going to be reluctant to get into too many details about the individual business units. But we are coming off of a quarter where we grew 17% -- 11% for Electronic Materials versus the prior year. So we expect to continue to grow.
You're going to do the math, which I believe you're doing on what our sequential guidance is for Q3. And I think slurries would be at the higher end. So the math you're doing, Q3 guidance that we're giving now, which is sequential, but you're comparing it to prior year, agree with the logic and the numbers. And I would say that the slurry business will be at the higher end, a higher contributor in all likelihood then pads and EC within that dynamic. So I'm going to be reluctant to dimensionalize that much further, but slurry is at the high end in terms of that contribution that you're referring to, and that would imply another strong quarter of revenue growth versus prior for the Electronic Materials segment.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
It's -- it was 18% last year. It is a high single-digit this year and it's -- the number of moves around a little bit the last I saw between 60% and 70% next year.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. Within the the established limited by the regulation. In any case, it will have moderate impact in total results.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Hi, Greg.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Hi. Good morning, guys. John, two quick questions.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes, cash equities [Phonetic], the metric itself is just abnormally high in the first quarter. What we're seeing is a function of the formula, it's a two-point average. And we have a lower level of revenue. And then, just with Cisco coming out, as well. But I can go through the year and the metric is going to get back more in line with what you would have historically expected from us. Even with the inventory growth that we have been seeing, or frankly, the reduction that we have not yet seen, it is all factored into our outlook in which are comfortable saying we'll be able to generate over $100 million of cash, even with the current budget environment.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Hey, guys. Thanks for the question, and good quarter. What's the plan around just inventory? Do you guys plan to increase that from 20 days kind of ASAP? Or is this on hold as you kind of service your PSP customers or direct customers first? Any color there on your timing around replenishment?

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah. That -- the development of that program was fairly impacted by COVID-19 in 2020. And so it's continuing to progress. I believe that the clinical trial for that -- the initial clinical trial would be targeted for next year.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. Well, I don't know. I think -- look. It's starting to come out of the thaw because I think you can imagine why people are a little more reluctant in the COVID.
There's a lot of interaction questions, a lot of viscosity, and that kind of thing. I think they grew by 2% to 2.5% sequentially. So that's not bad, I think. So whether that has to do with the thaw or actually people getting more excited, I don't know.
I do think when I talk to franchisees, they do more quickly go to the conversation, gee, maybe I would get -- I'm doing so many -- so much business, maybe I better get a franchisee. The guy in California was just talking about that. This guy just started like a few years ago, he signed up for a competitor, and then he was talking to the guy and he said, I don't want to -- you ought to go, the guy who sold him the thing. You ought to go to the best, so he came to Snap-on.
And the thing is this guy is so pumped, he's gone up so far. He's talking about, gee, maybe I could do more within a system. I need an assistant and a lot more and more people are doing that. So we would expect some expansion in this area.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Sure, Kyle. In terms of the investment, I would say, that's not generating revenue at this point would be around $3 million. If you're thinking about it for where we're spending that money, it's focused on, as you mentioned, the LEO and MEO space and upgrading, like Mike was talking about, Smart Response areas of the business like that. That's where we're focusing.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes, in terms of, when you strip out the noise of the freight costs, it is the same fundamental drivers and we continue to see huge benefits from initiatives like DG Fresh, NCI and again we've been talking for several quarters around as we kept calling out the three biggest drivers, it was lower product cost associated with DG Fresh, it was lower markdowns and favorable mix and a big driver of that was NCI. So we're continuing to see there was benefit, that are continuing to grow. I don't want to give a specific number on that, but I would say that continues to be the biggest drivers of when you strip out the noise of what's been the biggest levers to improve our gross margin. So that's not changed. What has changed is, one, the much more difficult lap of NCI from -- of the -- the 40% non-consumable growth we lapped in this quarter and then the heightened pressures associated with freight and to a lesser extent product costs. So the fundamentals are unchanged, that's really the drivers. We didn't give a specific number on freight, but what I would tell you is as we listed out the headwinds that was the number one headwind that we called out and then we did say as we look in the back half of the year, similar to Q2, we expect that to be a -- although we think it's transitory over the longer term, that continued to be a growing headwind for us versus what we previously thought.

    Prediction (one of UP, DOWN, SAME): DOWN
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Hey. Good morning, Frank.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. If you go to Instrumentation, we did have some significant improvements in margin and environmental and test and measurement in the first quarter and we expect those to continue for the rest of the year. We also had some improvement in margin in the marine businesses, even though revenue as Al mentioned was down somewhat. We think the revenue will catch up, the rest of the year. And as that does the margins there will improve also. So we think overall, the instrumentation, we have the best margins in environmental area, about 23%. Second best margins in our test and measurement, over 21%. And Marine is approaching 19% -- over 19%. When you roll it all up, we're going to get close to 20.9% in Instrumentation.
I think that's going to be healthy for especially if Marine as we expect, because of the oil prices going up to about $65 currently. If that improves, then I think that segment is going to do really well. That's why I said, our outlook for the margins has improve 130 basis points since January of this year.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Thanks. Mike.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Okay. Well, thank you. Thank you all for joining us this morning. We look forward to updating you again on our progress in October. Goodbye, everybody.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah, I would think that the former is what you would be evaluating. Some of our -- the recent performance of our -- of the units that we opened in 2018 and 2019.

    Prediction (one of UP, DOWN, SAME): DOWN
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
I think that what we want to do going forward, especially given the service -- the service companies being busier is to keep a consistent level of activity that matches our -- so have the frac services to match our drilling activity. This year, we didn't have that type of plan. We kind of get it caught up but I think going forward, it's going to be much more -- we have to control the cost of our services if we can have consistent level of activity versus trying to create DUCs or not. So Dan, you might add to that?

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah, thank you for the question Sterling. Without a doubt, the M1 chip and the emergence of big, Big Sur, the operating system for the Mac shine a light on Jamf's differentiation because both the operating system and the chip were supported by all Jamf solutions the very day that they were available. There are several other providers out there that still today, even though that was released late last fall, still today do not support that chip or the operating system. And I think that is one of the reasons why Jamf has seen some good fortune here in our ability to be able to help customers succeed with Apple.
As you look at iOS, the same is true. Our same-day readiness with all Apple operating systems as we showcased in Q1 with our -- all of our products as well is a key part of the differentiation. But overall, I believe that, that is just a small part of the overall Jamf differentiation, which is allowing things or empowering users with consumer simple Apple technology. In other words, giving them the privacy, the performance and the user experience that they want but yet doing it in a way that still delivers the security and the control and the efficiency that the organization requires.
And one of the things that we loved about Wandera is they built solutions in the same way we did, focusing on that end user empowerment and still delivering the organization what was required.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
All right. Thank you all very much. Have a wonderful day. And we look forward to talking to you after the first quarter. Goodbye.

    Prediction (one of UP, DOWN, SAME): DOWN
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah, it's really around what we've experienced during COVID. The insolvency portfolios really haven't had the same sort of shock as we've experienced in the core portfolios. And so, it's really just kind of normal variation that you're seeing there in the insolvency book compared to some real outsized performance versus expectations that's occurred as consumers have gotten liquidity in the core books.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Thanks, Matt.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Hi. Thanks for taking the call. I just had two questions. The first one was, I was wondering if the increased sales velocity this quarter, then what you talked about a little bit on the margin cost side plus the three acquisitions you just closed, change your working capital assumptions kind of for the remainder of the year or not?

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
One, how are we going to make -- I think it was $129 million, but let me -- yes, $129 million, which includes e-TeleQuote of $8 million.

    Prediction (one of UP, DOWN, SAME): DOWN
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah. I think if you kind of do the math on the quarter, you get to COVID-related growth in the Q4 of about 8%.

    Prediction (one of UP, DOWN, SAME): DOWN
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah. Tycho, thanks for the question. I'm going to have Mark answer the bulk of it. But one of the good things about having a very strong balance sheet position is that we're able to order well, well in advance and we've done that.
And so, we're generally in pretty good shape. But I'm going to ask Mark to step in and address the specifics.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
I have an easy one, hopefully. What was the spend on the new Arizona mill last fiscal year?

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yes. The way I think about it, Mark, is there's $864 million left in availability and then there's $130 million in cash. So you add those together, you're up to $994 million. If you assume the tenders fully executed, that's less $300 million, so that gets you to $694 million. So I'd call that $700 million.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
I mean, look at -- over the last several quarters when we've tried to parse out the for the impacts of COVID. We really don't believe that it's had a material effect on ourselves, I mean, we've had some segments that have been very depressed Healthcare would be one other that had a little bit higher growth. And so, if we go back over the last 15 to 18 months, there's not much difference between the growth rates.
That we've experienced and the growth rates that we would expect to experience going forward. It's kind of low-single-digits. This is also not a business that has a lot of exposure to food service or away-from-home consumption. So, we benefited from that portfolio mix when food service was shot and on the other hand, we're not going to benefit from a big rebound because we're not very levered to that channel.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Good morning.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Thanks, George.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah, let me -- let me -- that's a great question because I do want to bring clarity to that. The 60% to 65% is the contractual agreement that we have at the lower freight rate. We have a contract that's a 100%. We forecasted it first as well, they're going to at least meet 85% of that, and where I said they are not even meeting that, we think it's going to be 60% to 65%.
What that means is, the other 30% to 35% then will be at the market rate, at the higher rate, and all those rates are calculated into our freight that Kevin described going forward.

    Prediction (one of UP, DOWN, SAME): DOWN
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah, thanks very much, good morning, guys, and great results.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah. Why don't we let Brian Thompson take that question? Go ahead, BT.

    Prediction (one of UP, DOWN, SAME): UP