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, it's interesting. We have framed everything for the better part of the year around the NIS framework in the different stages, and we've been signaling first, second last line of defense and trying to signal where our products are going for MSPs. But you're absolutely right. The minute you start moving your workloads into clouds, moving them to multi-location and now on a pandemic, moving them home, you're in this ultimate remote work environment.
And so Datto Networking, I think, is finally something people say, I understand why Datto went there. If the endpoints are scattered all over the world, you have to have strong networking. That has a strong security component. You won't be surprised to learn.
And then you hit on business management, we don't always think about that as security, but everything we've just described is certainly coming through a ticketing system that's sitting in our PSA tool, managing all those assets, you think about the first stage and this framework is around identity and discovery of assets. So the PSA is still playing. Commerce is still playing very, very well. It doesn't fit as well in what people think about as traditional security software.
But everything we do starts with security and asks how can we elevate our game there.

    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
 
Well, look, I think that -- I think that one of the limiting factors is the fact that the equity is growing at a sizable clip. That's a positive, but a limiting factor relative to ROE. You know, at the end of the day, we continue to see growth in our earnings and therefore, growth in our returns limited by the fact that the equity is growing at a pretty sizable clip. I think you have to think in terms of as we move forward with our spin, it also helps to define the efficiency and the effectiveness of the way that we're running our business in our core homebuilding business where we're able to focus and, you know, an equity base that is just geared toward the homebuilding business.
I think you'll see that return kind of revert back to some of the ROEs that defined the industry at an earlier time. So, you know, it's a combination of things but the efficiency that we're injecting in our business is going to continue to grow our returns, which will be even further enhanced by the separating of logical businesses where they can operate most effectively.

    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
 
Yes, yes. And then up in the CPA area, the CPA Utica is more economic. And then the CPA Marcellus, but the CPA Marcellus is good and CPA South Marcellus. I mean, there's some third parties drilling up there currently, and the new well results are really phenomenal actually with the new completion designs that we've talked. So that opportunity exists for us, both in the Southwest PA area and in the CPA area.

    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. Let me just start by reiterating our philosophy, right? So, our philosophy is to focus on through-cycle returns. We've done some very unique things. I believe you've seen us really, let's say, do things differently from the past in terms of how we manage and operate the assets of our company.
We have actually reduced the size of our fleet while growing the company, and we do that through forming very important relationships and being a company that works well with others. And we can do that through alliances, for example, like we have an alliance with Allseas, and we now work with them and look for opportunities together with them benefiting both companies but also benefiting the broader industry. So, a real discipline, if you will. And I'm going to turn it over to Alf to give a bit more insight into kind of what you should be thinking about in terms of the actual capex numbers.

    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
 
Thank you for taking my question. Two really quick ones. I wanted to chat on how you view the balance of debt and equity and where you kind of see your optimal leverage going over the course of the next quarters?

    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
 
We are. Thanks, Damon.

    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
 
So I'll take that one. And just if you break it up, steel is mostly contractual. So we have that on an average somewhere between 75% to 80% as pass-through. There's obviously the lag associated with -- when we would have that recovery. Most of the conversations are most -- are on the freight side as Carl mentioned, that is something that is not covered. And so those negotiations, as you could imagine, are obviously difficult, but our customers understand it, especially when you think about numbers where freight has gone up 400% to 500% depending on which region and the type of freight.
So, we have had those -- we've started those conversations early. We continue to have those conversations, though difficult, what I would say, Joe, is at the end of the day, our customers need us healthy. So, we've been able to work with them and as we see going into '22, those costs continue to rise. So we will have to continue to have those conversations.

    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. Look, in the near-term, as long as the macroeconomic environment stays as robust as it is, and you have credit conditions staying as strong as they are, the restructuring environment is going to be muted, say for a few sectors that are having -- that have a difficult time recovering, either because of a resurgence in a pandemic in an area that interrupts travel, leisure, entertainment and such.
Balance sheets are actually quite complicated, capital structures are quite complicated. So as we start to see a softening in the micro-environment in the future, if we see a softening or you see some kind of interruption in the credit markets or the markets generally, then the restructuring activity should pick-up pretty significantly and probably pretty steeply because it just the complexity of capital structures.
But for the moment I think, or at least for the foreseeable -- next few quarters or so, I think the restructuring environments can be pretty muted. It's going to be concentrated in areas where there's a particular threshold of pain, but that's not going to be a general pickup. I mean, the other area to keep an eye on is, what happens because of de-carbonization to certain industries, that's something to keep an eye on, because I think that's going to proceed a lot quicker than people expect.

    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. Thank you. So, I just wanted to ask some questions on the restructuring program, just because it's changed a couple of times and it's somewhat difficult to track where you are. Relative to the $355 million of total spend that you're talking about now through 2023, what's been spends under those programs as of the end of 2020? And then, similarly, for the benefits, the $365 million of annual savings that you're looking for in 2024, what's the current run rate that's in the 2020 base just so we can kind of think about how that builds?

    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
 
Eric, regarding the mark, there's no difference in how we book the loan on the MSR side.

    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
 
Good morning, Ray. So I guess this is going to evolve, but it'll evolve in the context of this framework we've outlined with our largest near-term priority to continuing to focus on debt. When we think about the dividend, I'd say the overarching principle is we want it to be sustainable and resilient. So we didn't think it was a heroic call.
We thought it was actually quite a balanced decision to start to change the dividend now and it'll be something that we'll be evaluating as we move through the year, clearly. To your question about a special or some sort of structured dividend, I guess we're open-minded. As people may recall, 15 years ago, that was part of the construct we had at Enerplus. We didn't find at the time that we thought it was necessarily maximizing cost of capital, but there are some good companies out there trying to now.
So we'll be evaluating that, but I'll come back to just the fundamentals. We want a sustainable dividend. Obviously, one that is growing is better and it will be a function of this capital allocation framework. Didn't necessarily think we were going to be adjusting it now, but the deals have gone well.
They are closed, are integrated well, and obviously, pricing is pretty strong. And as we highlighted, we see a pretty robust next five years in front of us and a very next -- and a robust 2021. So probably it's a balanced decision to start with the change today.

    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
 
Yes, thanks, Larry. Yes, when we said $80 million at the beginning of the year that was about a doubling from last year. So, now we think it will more than double. But I think you know about how we feel about this market. We formed a business unit around it and have an awful lot of really important differentiated innovations going on in this space. So, we have a high confidence level that this is going to be important. It's a road we are very focused on making sure that we have great outcomes and that's key to us. We work on having rigorous pivotal trials. We have differentiated therapies and we working on having great real world outcomes with our high touch model. We've said that we think it's going to be more than $3 billion by 2025. So it gives you a signal as to what we think where the market is maybe $1 billion in that neighborhood today.

    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
 
Well, thanks for taking our follow-up. I just wanted to clarify some questions that I've been getting from investors which is that the analytical method relates to further characterization of the product, but not the product itself, I think that's what you said. Can you clarify what you mean by not the product itself? How you can be confident that this is not related to the product itself or whatever that means?
And the second question is, you got the letter from the FDA or FDA let you know about the deficiencies at August, but the nature of the deficiencies were not disclosed until late October. Is that correct or what -- did that happened earlier? Thank you.

    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 think it's going pretty well, don't you, Neil. I don't know how much Frank would wants to disclose.

    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
 
Well, honestly, in most years, taking the September 30 backlog, multiplying it roughly by two and saying that's our closings forecast would be incredibly conservative. We normally turn that inventory a lot more quickly. And so there'd be a lot more operational risk from sales we've yet to make. So when we talk about setting it high, we're actually relative to the year that we expect to deliver, we've got a much larger share of it already contracted. So high, I guess as a matter of opinion, and I appreciate the characterization, but the fact is, there's less risk in that number than there would normally be at this time during the year, because of the things we've said that we've assumed about the cycle times not improving.

    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
 
Absolute better. So we think we'll do extremely well with our Q2 results and then we think we will exceed those as we march toward the end of the year on an absolute basis.

    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
 
Thanks. How are you, guys? Maybe another one on the MSR and just the framework for how to think about that valuation. When we look at the MSR value, at the end of 2018, is maybe one good proxy for when speeds were basically at their lows. I think the MSR was carried at a multiple of around four, and so when we think about the sensitivity going forward and sort of the overall upside that I think you noted in the presentation, is it right to think that you guys can get back near that valuation more quickly or even exceed that value from 2018, that four times kind of area because you have a more robust recapture framework now? Or is there something else that could drive 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
 
Same with Palm Coast -- the branch we just opened in Palm Coast is the same thing that's in Flagler County, which is very close to Ormond Beach in Port Orange.

    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 mean, if you think about the pricing that we've got over the entire program, as Dan mentioned, from the beginning of this program we sold 113 hotels at really attractive revenue multiples and even more attractive EBITDA multiples and we've pretty consistently performed at the upper end of the range that we had originally put out there, looking at the hotels that we sold even in Q4 of this year through today in Q1, the revenue multiples have been consistent with what we've seen over the entire program. Now there's a lot of things that bake into how those multiples are performing, including the availability of debt, what's going on with the small business association, etc. So, as Dan indicated, there's 31 hotels under contract for about -- estimate about $185 million in proceeds. And we would expect that the sale multiples that we've achieved thus far to be fairly consistent with what we're seeing on the deals that are coming in.

    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
 
No quantification at this time.

    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
 
Operator, next question?

    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
 
And Jay, definitely we did not panic because we are in the market. We see how strong the market is from the, say, inside, right? So we have -- I mean, yes, the market was a bit -- equity capital markets were concerned during that period of time, but we were not concerned. It was a matter of unfortunate timing. But again, this was not a big chunk of shares compared to the overall position.
So I think we're hopeful that our average when we complete the disposal will be much, much better.

    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
 
Okay. So you're asking about basically cap, planned CapEx for test?

    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, operator, and thanks to everyone for joining our call today. We look forward to updating you in the coming months. Stay safe.

    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 mean, for us, the -- our nonres has got lighting in it as well as wiring and connector type products. The lighting, we're thinking, which is showing some softness, is a little more driven by the large national account stuff fees, like rolling out a quick service restaurant program among your franchisees. But the rough in electrical and those type products that are construction based have actually been pretty steady, actually for us. I don't know that I have a super keen insight beyond that, but those non-lighting nonres has been OK.

    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, those expenses relate to pulling in some consultants to help with some of -- with our technical technology investments. And so it's really just the shift in expenses from 2022 to 2021.

    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 think if I'm understanding your question right, you're asking is it -- is there -- is this going to be more of a cliff-based thing? Or is it going to be something that gradually changes over time, is that fair?

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