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
 
It's a great question, Linda. We want to operate where we are in -- we want to operating the band of 5% to 5.5%. We're in the low 5 times area now. Let me just make a point that on -- we use trailing 12 months. The $46 million of prior period collections is in that number. It's worth about of a quarter return, not material. So we're still in the -- very healthy in the band. But this is a big point for us moving forward in our growth trajectory. We have -- with our free cash flow and our balance sheet position, we're going to -- and growing into EBITDA, recall, we're at the low point of this. We're coming out, we're going to start growing EBITDA we believe at a more accelerated rate.
We're going to have the opportunity to use a little bit of leverage to that free cash flow to acquire shopping centers or built shopping centers or redeveloped shopping centers to amplify and accelerate our growth rate in the near term going forward, all while not putting our balance sheet at any more risk than it is today and operating within that the low end we think of that band where we want to be. So, it's a -- we are in -- we're perfectly positioned we believe to remain as we said on our front foot from a growth perspective and look at opportunities across all three bands: acquisitions, redevelopments and developments.

    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 good news there is we're actually ahead of plan on capacity hiring as we entered the quarter, we were up 20%, correct me if I'm wrong, Sydney, in terms of capacity entering fiscal '22.

    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
 
Thank you very much. So I was hoping you could talk a little bit about the transition to hardware in the context of the launch of the integration of the Beacon technology in a platform last year in the spring, which doest tie in the Kubernetes-NGINX oriented products back to the BIG-IP and to what extent you may be seeing some refresh there in those systems because the admin -- IT administrator, the CIO is able to bring some control back into the DevOps process and use that integration between the BIG-IP to the NGINX product to put guardrails in front of the DevOps people. Is that part of what's going on here as well or is it just simply that last year, you couldn't do installs because things were so locked down, but the installed base you've gauged in your report needed upgrade, is it -- could you give us a little bit more clarity around that?
And then the other piece to that is with Kubernetes' adoption according to recent plug thorough and numbers -- the 2x what it was a year ago and 96% of that -- of companies saying they're going to go with multi-cloud, can you talk a bit about what kind of integration you're doing with Hashi and partnering -- how your partnership with HashiCorp is starting up? Thanks.

    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 we've disclosed that, John? I'll just give -- I'll go to the sub-standard. We had -- I think I went through that in detail. We had a total of $449 million sub-standard in multi-family and we had a total of [indecipherable] of 14, which I believe identifies 80% being the Manhattan market. I think I went through the LTVs but I'll go through them again.
The LTV is in that book is about 56% for a multi and 58% for CRE. And as I discussed, looking at that portfolio, a lot of these -- most of these customers still, when we put some of these customers in IO structure for six months, they are north of a one-for-one capacity to continue making these payments. We will reevaluate them as we get into the April-May period when that six-month roll comes due and see where they're at. And we're working with them. And clearly, like I said, Manhattan is the area of focus because we see more of these loans coming out of the Manhattan market not so much the other borrowers.

    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. I mean I think we've said we most likely would not be catching the backlog here in 2021. So we'll be coming into '22 with that backlog. So conceivably while we're running full steam in terms of production, those types of EBITDA margins would be sustainable. I haven't necessarily rolled out my 2022 guidance yet. But thinking out loud, that's how I'm thinking about it. Ultimately, once we catch the backlog, that's -- I guess that's yet to be determined. We don't know what type of hurricane season we're going to get this year. So I guess more to come on how that will play out in 2022. But yes, I guess I haven't necessarily laid out 2022 margin profile yet.

    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, Sharon. So to summarize, we've had a good start to the year with good business growth and an improved lending pipeline moving into the rest of 2021. We're making good progress on our growth and transformation plans and remain on track to deliver what we promised in February. We remain absolutely committed to our cost transformation plans. We're feeling more optimistic about the rest of the year than we did in February, but we remain cautious around the uncertainties that remain. If you have any further questions, please do pick them up with Richard and the team. Thank you once again for joining us 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, Geoff. Our plan that we outlined in fact is a plan that today we are planning to be sustainably cash flow positive after the -- in the second half of next year and beyond. So, that's the financial plan that we have put together for 2022 and beyond and that's the plan that we are executing against. YUPELRI as a brand as sales impact cash flow positive today, the financial dynamics of YUPELRI are quite attractive. That's one of the reasons that future sales growth is critical to continuing to grow those cash flow streams to both Theravance and Mylan. So, the YUPELRI is cash flow positive today and we look forward to YUPELRI with sales growth becoming more cash flow positive in the future. Now, relative to the third question, which is asset sales and I commented in my remarks that our approach is to partner both core and non-core assets as a way to manage the financial dynamics of the company.
Obviously, we have got what we think are a terrific set of core assets in respiratory and then also exciting non-core assets that we take into a certain point in development and hold more promise and really working to optimize each of those financially as we move forward. So, they take the place of sale, they take the place in some instances of partnership, to generate cash flow coming back into the company.
Andrew, do you want to -- yes, OK, Geoff, sorry, go ahead.

    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 it's a great question, Marco, and one we've talked about a lot, and we spoke about it. And Boyd sitting here beside me, shaking his head. We asked every customer we saw during our Showtime market about that exact question, and we just aren't hearing that concern yet. Fair Boyd?

    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
 
Hi, Ramsey. This is Dan, I'll take that. You know it's really been great to see the response we've gotten so far from the customers. So, I mean, all I can really say is, as what we said on the call is, we're seeing demand for our secured credit cards is 20% higher than we thought and for signing overdraft is stronger than we thought and registrations even stronger than we thought.
So the long-term plan of this is, as we envision, just heads down, continue to execute, continue to invest marketing dollars, acquire customers, predominantly acquire customers on direct deposit and give us great recurring revenue and what -- very good lifetime value. So far so good.

    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
 
The Israeli market is going through a change in consumer flavor in a way, and the porcelain penetration to the Israeli market is happening quite fast. On that, I'm very happy to say that we are part of this penetration as well. As we move to the multi-material strategy two years ago, and last year with the acquisition of Lioli, we are now growing our porcelain business in Israel, in line with the market. Yes, it's still -- it's happening -- some happened years ago. So all in all, I believe that we do see a change in the Israeli market. We are now piloting in Israel, the first six colors coming from the Lioli plant of ours under the Caesarstone brand in Israel. And so far, with a very good feedbacks from customers and consumers.

    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
 
Let's take the first question first. 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. I would say that our leadership in PAM has never been stronger. We recently shared in our internal kickoff the continued strong win rates, the -- of course, the leadership in -- with the industry analysts. I would say, no big change in that competitive environment. Really, CyberArk continuing through, doing all the right things, innovating, expanding organically and inorganically to that full portfolio.
What you alluded to from the private equity holdings, I think that's one of the things that our customers and prospects look at. They view this as mission-critical, and they want to partner with a company that's going to be there for the long run and that consistently invests in innovation. We use the term today as hacker innovation. I really think it's something to pause and think about. There is hacker innovation. So our industry has to invest in innovation.
Hence, our investment in -- which I was asked about earlier, continued investment in 2021. And it's a differentiator in this market. This is a nice -- it's not a nice to have layer, this is a mission-critical layer. And that's with regards to the PAM market. Obviously, with our expansion into identity security, we're now playing in the adjacent opportunity. And of course, we're early there. But focused on the customers that put a preference on security.
And lastly, DevSecOps is just a huge opportunity where -- it's probably about one additional player out there as we go after the DevSecOps opportunity.

    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, Erik. So, I mean, really, Europe or EMEA just really came off of a blowout the quarter prior. I still think I was pretty pressed with the results and thought a really healthy quarter. On the larger footprint side, we had four different CSPs sign across three different markets: Frankfurt, two in Zurich, one in Amsterdam, so definitely pleased with the diversity of demand and from a customer energy offer standpoint, on the enterprise customer standpoint, within the flap, Frankfurt, London, Amsterdam, certainly stood out this quarter in terms of new signings.
And within the nonflap, Marseille, Stockholm, and Madrid were some of our top EMEA markets. And as you can see on our development table, we've been continuing to increase our footprint of development and building out larger parcels in EMEA on our highly connected campuses there. So I don't -- I'm still pretty really positive about the growth in Europe.

    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. Good morning. I think you guys mentioned some of the technical factors that are underpinning the market and the potential for volatility. I'm just curious how you think the dollar roll specifically evolves in light of the potential Fed policy and how strong you think bank demand will be if the Fed is pulling back?

    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 everyone. Two questions. First, on the concession impact to your portfolio currently, I don't think you break that out unless I missed it. Can you just give us a feel for concessions, where -- how much they're impacting your effective rents right now? And kind of your assumption about how -- if you get a benefit from removing those concessions, how that helps rental pricing later this year? How are you thinking about 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
 
Okay. Thank you, Chad. I want to thank everybody for joining us this morning. As a reminder, a recording of this call is available for replay on our website. And as always, we appreciate your interest and investment in New Jersey Resources. See you next quarter. Good-bye.

    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, Jon. We'll take the next question from Chris Kuplent at Bank of America. Chris?

    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 evening, Jeff. This is Chuck. Yeah. I don't think our view on leverage has changed. I think that what we have been talking about is that we deploy our free cash flow, as you go through time. But like you saw us do in 2019, we'll stretch, take it up even up over 3.5%, but then we'll work toward bring it back down. We feel very comfortable anything under 2 times net leverage. But I think that what you'll see is what you've seen over the last few years there'll be periods, where we will elevate, but then you'll see us take steps to de-lever.

    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
 
It's an ongoing effort. The plan and the implementation started about three years ago. It was a very detailed plan, and we are on plan, give or take some changes. Right now, by the end of this year, we will probably be completed around 70% of the implementation. And by the end of 2022, we expect to be close to 90% of implementation, maybe a little bit higher than that. So as I said, our financial report statements include all the capital investments that we did in that ERP system. They include all the expenses related with the implementation. But unfortunately, so far, we did not see the benefits coming through because not the whole organization is on the same system.
We start right now to see some of that very small amount of savings. But I think it looks like that somewhere in 2023, we will be -- we will face some more material improvement in cost, in reduction of inventory, because of commonality of items in shorter turnaround times and other benefits that will improve the operational performance of the Company, hopefully, including the cash flow.

    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, we should let the iterator and inventor answer that.

    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. I would tell you our expectation is to certainly keep up with the industry and to close that gap by year-end. Again the orders are there. It's just a matter -- and our customers are. Just a matter of -- working like I said go back to working those nine hours, working that occasional Saturdays to close that gap. And that's going to be all predicated on our supply chain, which again -- and I've talked to many of our key suppliers. They're all getting better at it. They're all coming online a bit more. And we're anticipating that's going to carry over to the back half of the year and we'll be able to ramp up production at a much higher rate than we had in the first half.

    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 guess I'll start with that one. Coal has been very good to us here recently. Demand has been higher and natural gas prices have supported use of coal. But as you know, that is something that tends to be very volatile even though it's a small portion of our book and we're optimistic on that certainly going into the first half of next year I'd say that some of the coal tailwinds that we've had are at risk moving into the future.

    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 afternoon. Thanks for taking the questions, and congrats on the enrollment progress. Was wondering -- so I know that you're speaking to, I guess, this subgroup of potentially frontline patients that are ESA ineligible.
And I know that they were, I think, a fractional component of the phase 2 patient population. I'm not sure if we're ever seeing activity or clinical data broken out on the -- as a function of ESA eligibility or ineligibility. But just wondering if you've had any regulatory conversations around your ability to procure a label that would be in the subgroup based upon the phase 3 IMerge data, specifically in the context of the distribution of ESA ineligible patients looking similar to the phase 2 experience.

    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
 
Absolutely. Good morning, Jeanine and thanks for sending the picture. Congratulations on the young one.

    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. I don't -- we didn't see any of it, anyways.

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