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 mean let me maybe start by framing it just in terms of the second half. So from a second half perspective we do expect to see those Q2 strength in sales continue in the back half. More from an earnings and from a cost perspective we do expect a couple of different things to be impacting those margins. One those temporary costs are feathering back in. And so as we would have expected Q3 is actually one of our most difficult just from a year-over-year ROS perspective as well as incrementals. And we would expect those temporary costs to continue to accelerate really into Q4 and that's where we expect to be at the most robust levels those folding back in around T&E around some of those discretionary costs and professional fees etcetera. So that would be one thing I would point out. From an inflation price perspective, we did talk about this a little bit in our prepared remarks. We are expecting an uptick from an inflationary perspective just shy of $40 million there in Q3 and we expect that to be just above that $40 million there in Q4. So, we are seeing some compression from an overall ROS perspective. But from a sales perspective I would say we continue to expect that strength in Q2 for us to see that in Q3 and Q4. We do have some seasonality that comes into play. Thermal it tends to be our strongest overall and then EFS tends to step down from a Q3 to Q4 perspective as well as Enclosures. So some of that is going to be just a bit more of seasonality.

    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 Bob here. If you look at the $700 million we issued, we paid off $350 million and a savings of about 100 basis points, but we also paid off $350 million of LIBOR-based borrowings that were 100 basis points less. So it should even out borrowing -- any credit facility borrowings to do a deal or something like that, pretty close to where it is now.

    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 today, the floors are active in the preponderance of our portfolio. So we're behaving as if we're 80% fixed. We have, I think, an interesting asymmetrical profile, whereby if rates go lower, we see very little contraction of net interest income because the rest of the floors. But if we drive our loan yields become even more asset sensitive because they'll be lifting off of the floors kind of going forward. So it's asymmetrical benefit for us relative to where we are. So we -- yes, 80% of our book today is behaving as if it's fixed rate.

    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
 
As I think you have heard today and over the years, we are extremely bullish on New York. We are, as they say, loaded up on New York, and we think we like our position. I am disappointed that there has not been in this period, unique opportunities to add value by buying distress, which is something that we have been able to do in past cycles. But that's not the way this has worked out.
So this has kind of been a weird period. We've gone through a recession, a COVID-caused recession. It really didn't hurt our main businesses, in terms of our occupancies, but it did nick our income by $200 million because certain of our businesses were shut down like signage and garages, etc. On the other hand, and the other benefit of that is interest rates are historically low, chronically low.
It looks like they're going to be low forever, which is something I think we have to be a little bit thoughtful about before we subscribe to that. But there really hasn't been very much in terms of distress that we've been able to buy, although we've been looking very hard. So I'm disappointed in that, but what is, is. I do believe that the best opportunity that we have for capital in our business, by far and away, is investing in the Penn District, which I think if one has a five- and even a 10-year view, is going to be one of the great investments and one of the great developments out there.
So that's my view.

    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
 
Catherine, thanks for the question. I think on the instrument side, we really feel that we are on a very, very good track. I mean, if you just look at historical averages, right, I mean 2020 can confound things given all the COVID impact. But on a stacked basis, we're traversing nicely in excess of 5%, close to 6% in some cases, for our instrument business and historically that average for Waters and across the industry is between 4%. So really nicely clear of the historical averages. And in terms of how much have we clawed back, I mean we think that looking at three sort of data points. One, comparing our stacked growth rates, both instrument and consumables with the rest of the industry. Wherever they are comparable products, we feel very good that we are operating well ahead of the market. So it's market plus performance on [indecipherable]. That's the first data point that makes us feel that we're flowing back rather nicely. Second, we have been loss ratios that we measure internally. Those have been tracking ahead of historical averages for the last four quarters.
And finally, there are public reports that are available which are rather idiosyncratic because they changed the definitions every quarter but according to those also we're doing pretty well on our market share. So feel very good about how we are traversing with our footing. Now, we are a work in progress. There's a lot more that we do well. A lot of opportunity as well, lot of applications for our instruments, a lot of, lot more penetration to be had but feel really good so far the result we have.

    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
 
Does that answer your question?

    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 just refer you back to what we said earlier. Some of the pain points that our customers are seeing is the time to install. So, labor is an area that we're focusing on.
We're also looking at means and ways through which you can minimize grading, so have more flexibility. Foundation count's another, how you can generate more output or energy, maximize that through software. So, that's kind of the A to the Z that we're working on. But we're really excited about the tech center.

    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. Thank you for the presentation. This is Horace from Ideate Investments. I just have two questions, the first one being related to the expenses. I see expenses have gone up, especially G&A and technology expenses have gone up significantly. And especially on technology, can you shed some light on the timing of the investment and sort of the nature of the increased expenses?
My second question is on the gross margins. I see that gross margin continues to expand. Can you give us a little bit more insight on to the margin expansion and whether or not we should continue to expect such expansion? Thank you.

    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 so the -- so our mobile is -- will be live here this month and I would tell you there is product development coming behind the scenes. There is data and technology and digital marketing coming and digital really client service, but when I look at it from a client perspective there will be more product choices, continuing to have great service and the mobile will be live here this month as well.

    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 guess, Mig. Obviously, we're not going to comment on '22. I'd say, though, in Q3, we demonstrated that we were able to offset. So we even had orders that were pre the inflationary period and the work that we've talked previously about that our purchasing group is billing to drive savings off the inflation.
And then, we have come out with price increases and specifically in F&E, with price increases, and then on the ambulance side where surcharges offset those costs that will become -- that have hit the market. So the sales that we see, we feel confident that we'll still have a positive price/cost equation with what we -- how we price the product, but also the savings initiatives that Rob Vislosky and the procurement team has driven. So we don't see a margin degradation related to price cost in that business 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
 
Absolutely. Thanks Steven.

    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
 
No. No, all of the milestones that we have tied to the Outcomes study are payable milestones to Esperion from our partners.

    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
 
SaaS.

    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
 
Great. Thanks for the questions. Actually just wanted to go back to A.J's question about the competitive landscape, Michael, in the marketplace. You've mentioned a few times, obviously, end of last year that you saw some more competitive pricing behaviors from some of the players there. I was wondering if maybe during the special enrollment period, you've seen any of those competitors change behavior or continue with a more aggressive pricing strategy. And I think within that, just curious, how widespread has this been? Is it really contained to a state or two or are you seeing it more broadly?

    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 with that, I'd like to thank everyone for joining us today. If you have additional questions, you can always reach out to myself or Jennifer, and we're happy to help you. So thanks so much, and have a great day.

    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
 
Regarding the -- yeah, regarding the impact, I would say it's -- yeah, Mike, what is it? 5% to 7% maybe or?

    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 your question. To answer your question number one, the mobile ARPU, about the mobile ARPU trend, our postpaid mobile subscribers net adds continued to maintain positive in the first quarter. And we see up-sell among 4G users, while 5G are continuing to strengthen our adoption of higher price plans. We remain to expect our mobile subs revenue to be bottom up in the second quarter of 2021, and that trend will likely to continue. The second quarter, about the fiber-to-the-home penetration rate, it's approximately about 85%. And the ICT project...

    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, absolutely. So I think, as far as nonfood goes, grocery is -- online grocery delivery clearly has been a very, very growth area in the industry, and certainly, with the pandemic, took a very, very big jump. But when you look at online grocery penetration, it's still less than 5% of the overall grocery market versus food, which often is more than 10% penetrated. So the penetration of grocery is very, very low as it relates to food.
I'd say our opportunity is actually -- we have a big incumbent in the U.S., is a tough competitor, and we are adding content in the U.S. at a really strong pace in terms of partnerships. But outside of the U.S., there certainly is an incumbent out there. We think that we have a very, very good chance of being the nonfood leader outside of the U.S.
And in the U.S. because of the power of the platform, we can, over a long period of time, flip over, especially our members from delivering -- from eating with us, from moving with us and then getting grocery delivered with us as well. So we think it's a huge opportunity. The grocery market is, these are multibillion/trillion TAMs.
And because of our brand, because of our ubiquitous presence around the globe, and our membership product, we think we can penetrate into this opportunity with much, much less capital than anyone else. Next question, please.

    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
 
Against last year, but against '19, we would be...

    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 will be a tailwind, actually. I think it's in a period of time within Q3 specifically, where some of that hasn't really taken off yet. Again, organizations are still identifying what they can actually spend on it. And it isn't really a cooling of spend.
It's just a growth rate versus last year's scorching Q3 within education. So it's really more a testament of that than anything else.

    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
 
Yes, as we're thinking about that, Matt. The volumes were -- continued, as you said, to be really strong in the fourth quarter. We feel good about the quality of the mortgage companies we're doing business with, I feel like we've really been able to, by building the team that we've built, the leadership in that area, been able to build strong and important relationships with these companies. And in essence, Matt, the goal with these quality relationships is to move up in the funding stack, if you will, so that as their volume tapers off, they take that away from other participants before they take it away from you. And so in that regard, we think we've made a lot of progress, and we're seeing it here early in the first quarter that our average outstanding's have not come down as much as we would have expected. That said our planning for this year is that, on average, about $1 billion, we think, is a good landing place as the market calms down for us. So, around $1 billion in average outstanding's quarter-by-quarter. Right now, it looks like it'll be a little higher than that maybe in the first quarter, but for planning purposes; we're thinking $1 billion. Michelle, is that fair?

    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, that is a fair assessment. And it's the fact that we don't have data that the rating agencies are looking for because it's really not a need to have it in the past. So it's a matter of us getting our data together and putting it out there. As far as what we're doing in on our ESG scores, I think how you introduce the question is right.
I mean, we're the recipients from industrial customers on their byproducts to make sure that they are properly treated, recycled, managed, and making sure that they are not harming human health in the environment. And that is what is in our DNA, and it's what we do. And it's why we have the technologies and the capabilities in place is to do that. And so this will correct itself over time once we get everything pulled together.

    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 very much. Congratulations on the quarter. Two questions. One is that you talked about the never-ending replacement of data warehousing.
Can you just expand on that? I'm fascinated by it because we seem to think -- at least, I seem to think that data warehousing is just a small subsegment of the database market. But your comments seem to suggest that it's a longer-term longer-tailed growth opportunity, that very core of the business. And one for you, Mike. I know that for your guidance, it doesn't look like you're assuming a big slow two obviously, but is that again because you do not want to forecast increases in consumption revenues that's why the revenue forecast for the upcoming quarters is conservative? Thank you so much.

    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 my questions. First question I wanted to back to kind of plumbing outlook from a topline standpoint. And so I think you mentioned during the remarks that international will be low-single digits, which presume is mostly plumbing, but I was hoping to get more of a breakdown of kind of how you see the composition of the organic growth of 4% to 7% and presumably the walk-ins businesses is up north of that, but could you give us any sense of kind of how you're seeing walk-ins. What the core North American faucet business is doing. And then if that international comment was -- was reflective of what you expect specifically for international plumbing that would be great.

    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. Good morning, guys.

    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. Yes. So it's a repeat customer. So...

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