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
 
Thanks. Good morning. I think the restaurant expense line was down 110 basis points on a two-year basis in the quarter with comps up 5% over that time. Could you talk about how the company is doing this? And how much of that do you think is sustainable productivity longer term in your view? And I have a follow-up.

    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
 
Thank you so much and good morning. Just two quick ones, a little bit of picking [Phonetic] and tying, now that it's -- got to hear the -- this conversation. But the $52 million of temp expense that's kind of one-time, it sounds like that at least carries forward into the second quarter. So I just want to make sure that, that's contemplated in guidance and get that right. And then, when does it roll off? And when it does roll off, is that opex line about $1 billion, give or take?

    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
 
Great. Thanks to you too.

    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. So, maybe if I do the adjacent categories one, Mike, do you want to just talk a little bit about the first question around the base in the market?

    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, Charles.

    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, Good morning. In pharma, you mentioned a negative 100 bps impact from inflation and an impact of mix as well on margins. Could you just talk about where specifically you're seeing inflation in the business and the impact mix had on margins as well during the quarter? Do you expect 3Q to fund the margins to generally be in line with the second quarter level?

    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
 
Good afternoon, two big questions from me please. One, looking out for Q4, looking out to Q1. And if I start with our Q4, I'm intrigued by your outlook commentary on page 21 of the report, you still talk about full year '21 revenues being essentially flat on full year '20. And yet when you look at your nine months revenues, you're up 5% year-on-year. And [indecipherable] the world is in great confident on the great to 2022. And number two, for the business lines said, I'm just trying to tally whether you can, we do think you're going to see revenue down year-on-year in Q4, or whether that's just a prudent outlook comment that you even created? Second question on Q1 of next year. As you stated in your commentary about the source, you seem to suggest that you'd reach a new cost run rate three, Q4, and then into Q1 as the technology costs drop away. So, is it just fair to say that to achieve your 7% of income target for full year 2022, you think you need to hit a sub $0.07 cost income target in Q1 as well?

    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
 
Sure, Alex. Happy to. What ends up happening when you're repairing a vehicle is anything -- if you get in an accident and do $2,000 worth of damage to the bumper, that's the minimum that's going to get paid. From that point, effectively, leakage starts. We've got to repair that vehicle. If you've got a labor shortage and it takes longer at the body shop, that might cause another day or two of rental car expense. If the rental car companies don't have all the inventory they had pre-pandemic, they might have their rates up. So now in addition to a day or two, you got, it is actually at a higher cost. If you're finding out there's labor shortages in the supply chain, so trucks aren't moving from ports in California, you might find that the headlight you needed that was manufactured overseas isn't there, and it's taking a little extra time in that car sitting in the body shop, and there might be storage charges because it's waiting for the parts to come in. All of these things add up to incremental increased costs in the process. It might be that those parts cost more because they had to pay the truck driver higher wages to get them there or they're running 24/7, so there's, over time, run through the process.

    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 guys. Congrats on a nice print here. Olivier, maybe I'll start with a high-level question for you. The guidance here 5 to 7, it's a pretty solid guide. What is it assuming from a business environment perspective, like are you assuming the environment is back to normal or is there some cushion for a perhaps disruption from second wave and then your comments on M&A, you felt like a tone change. I'm curious if we read that the right way. Is that a change in tone?

    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
 
OK. All right, Raj. Thanks for getting up early. Appreciate it.

    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, everyone. Nice job on gross margins this quarter.

    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, Erinn.

    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, Steve.

    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, John. So as far as our [Phonetic] transaction is concerned, so we definitely have about 10% more items on the -- on our check. So that's one of the reasons why check size is actually -- is up north of that because we have more items, and we have positive mix, as we are selling larger sandwiches. As we look at 2020, I would say, still very elevated. It dipped down a little bit in quarter four versus quarter three. We definitely expect in the short-term in the first half that the check sizes are going to stay elevated.
But our planning assumption is that, toward the back half of the year, check size is going to come down, transaction is going to come up. And we are going to get to the more regular model that we are used to from a pre-COVID point of view. That's kind of, I wanted to add on the transactions.

    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
 
Sure thing, Puneet. Haytham, I'll let you take that one and done with it.

    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, Phil. So Johanna and then Merdad, and then I'll just have a quick close.

    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. So locks are still pretty strong. So for the quarter, let's see. I think we locked in about $350 million this quarter, that was down from from last quarter and that's part of what you saw on the reduced gains, because as you know the accounting, we locked the gain in when we booked the gain when we locked the loan.

    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
 
So Brandon let me -- first, you mentioned about Express investment in the aircraft there. If you rewind roughly a year and a half ago, we were in the midst of talking about parking and reducing capacity in number of our MD-11 fleet. Obviously, the market changed radically here and there was the need for the additional capacity and the opportunity there. So we unparked those. Should things change going forward that remains a flex lever and it absolutely is the case than having a higher proportion of the newer, more efficient aircraft, which the 767 and 777 are in the fleet will drive improved economics and margins at Express. So again we're ongoing looking at these different network initiatives and so that absolutely remains a long-term winner in terms of the fleet renewal and we will continue with that. What was the second part of your -- you started off with another aspect?

    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
 
It's primarily the mix of e-com. I mean if you look back at the last several quarters of our performance the very same things have been the same impacts whether you're looking at the buying distribution occupancy buckets or you're looking at the SG&A bucket. It's been the same key things that are primary drivers of movement in the dollar. So while costs were higher for the carriers, it's more the e-com penetration significant increase in e-com activity is what the primary driver of the increase in the cost is.

    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
 
Something like that range. Yes.

    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 good question. The mix I wouldn't expect too much change. I mean, if you just look at what we did in the fourth quarter, we are obviously very active in Dallas, active in a couple of the Florida markets. The JV actually I think is a good tool for us to give us more exposure in the Florida markets and the typical kind of Sun Belt focus for us has been a pretty consistent theme over the four to eight quarters. I would expect that to change all that much. We would certainly love to be able to buy more homes in California and Washington. They are just very competitive markets from an end user perspective and we don't chase too hard when things get out of whack from a pricing perspective in terms of what works for us. We just kind of pick our moment. But I would expect that that focus remained the same.
We've also seen really good activity out of Charlotte, Atlanta. They' are good markets and I think you know more importantly if you look at the rate growth that we're seeing in the fourth quarter in markets like Atlanta and even South Florida, it gives us a lot of conviction around where our risk adjusted return profile could look for the next several years. So all these markets have the right fundamentals around them as we've talked about on the call.

    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
 
OK. I'll take that one, Ittai. So in this new model, when a customer exceeds their consumption, they automatically go into an auto billing situation. So that there is no firm conversation required as part of their agreement with us.
So if they exceed their annual consumption in month six, on month seven, they receive an invoice. I mean we recognize that revenue. So -- and this is why we love that. It's customer-friendly, like the customer will observe how those bills grow.
And then they may say, hey, that New Relic spend is growing, but I'm seeing more value. Now is a good time to reach out to New Relic and ask, if we commit more today, will we get better unit economics. And so we just think that's a far more healthy relationship than having our -- in our model today. And I think this is generally model -- the model is, broadly in our space, is having a rep chase the customer to try to force them to work on the vendor's time frame.
This is a natural win-win. We're going to obsess on delivering the value so the customer grows their consumption, and that will, at some point, turn into some level of overage. Now it's important to note that that overage is not punitive, right? It's not like when you go over, there's this like heavy fee that makes them feel regretful in the relationship or in not having overcommitted to the relationship, and that is different from what others have done in this market. So I hope that helps you better understand the situation.
There is no need for a nasty conversation or a difficult conversation.

    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, Scott.

    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
 
Well, I think the mix of business that we saw in really in Q3 will continue into Q4 without getting into details by product, but I expect to see another strong quarter out of our surgical business, both the 5.5, and RP, and the 5.0. So I expect to see our surgical business continue to perform well. And we do expect to see ultimately at the end of the day high-risk PCI and cardiogenic shock snap back from where we are right now and get better in February and March.

    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
 
If you think from a revenue standpoint, really the Q3, so started in Q2. Started in Q2 really impacted us that in Q3 and Q4. And so I think that when -- again, we're going to go through the course of this year. It's until we get to that second half of the year, it's going to be a tough -- tough compare.

    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 mean, obviously there is a variable component to that. So I think we are on $225 million, $226 million in SG&A expense in Q4. We would expect to be pretty much at those same levels on the same level of sales in Q1 and then obviously the seasonality as we get into Q3 and that's one of our larger quarters there's a little bit more expense. But the savings is really expected to be throughout. I think the 2020 compared to 2019, we were down almost $175 million. So $75 million or so that ties back to variable cost on our sales and the other $100 million is direct cost that has been taken out of the business.

    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 will increase. Kind of -- each year that's going to go up. So -- but it may be a stretch to say we'd get all the way to 100% of all low CI, but --

    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
 
Hey guys, good morning. Thank you for taking my questions. The first one is on capex, it looks like you guys pulled in the outlook every so slightly. Curious if this is tightening sort of timing related and along those lines how are you feeling about the current door skin capacity and you guys working on building anymore additional capacity on that front.

    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
 
So your question upfront on the decline, I think, is accurate, that a lot of that was due to the pricing cost pressures that we were talking about in CED for Q3. When it comes to how we're going to do with the home centers or our big channel partners and pricing and can we get it to stick and get it realized, I would just tell you to look at our history. And we have been able to do that historically. I don't think anything has really changed. Conversations happen all the time. We have good partners, they understand. We give them facts and they're generally reasonable in those discussions that we have.

    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 for the opportunity. Actually a question about your manufacturing facilities. I mean you mentioned on two things. First, in the U.S. Cereal, you had some issues there. So just wanted to understand what is the missed opportunity in terms of sales occurred in the second quarter? And how long do you think that will last? And then, I mean, you mentioned in your remarks as well, you had to shut down some facilities in emerging countries. So I'd like to understand where that is and what it is, and if there is additional risk coming into the third quarter?

    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, George.

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