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
 
Sure, Jeff. I don't think that's a fair reflection of our guidance. You think about our guidance of $10.60 to $10.90, that's 3.5% to 6.4% increase in annual EPS, but you referred to a lower tax rate. Our tax rate is going to -- based on our guide today is going to go up 5.8% compared to '21. So that's quite a significant impact and if you think about the 760 basis points that I referred to in my opening remarks, that takes EPS growth from about 11% to 14%
Now, certainly, the buyback that we had done in the fourth quarter and the first quarter did create some benefit, but that still gets to a pre-tax earnings growth in the range of double digits. And so it's a pretty good year. And then if you kind of move further up, we talked in July about our guidance of implying operating improvement at the low end, 0 basis points to 70 basis points at the high end, we're still right around in that neighborhood in terms of the guidance that we provided today.
And keep in mind that's on the heels of a 310 basis point improvement in operating margin in the previous fiscal year. So to kind of say that our guidance is based on share buyback and taxes, I think is not a great reflection of really what's going on. The guidance on the EPS side is nice healthy margin improvement. Pre-tax increases of right around the double digits and then a higher tax rate that pulls that EPS down. Hopefully, that gives you a little bit more color on that EPS guidance.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah, that sounds good. Thank you. Yeah. So on the SI side, we're seeing a lot more activity.
We -- at the time of IPO, we signed a number of 1,500 SI partners trained on nCino and that grew to 2,000 at year end. So we're really seeing good traction with them. As you see, our professional services growth is lower because of that. We're engaging more partners to deploy work and especially internationally, we don't want to build a massive services team, as we've said in the past.
This is exactly what we said we're going to do and we're just following through with that. So we're very pleased with the activity we're seeing, especially in the new countries that we're entering into and we're getting them up to speed and running. And then over time, we expect them to be able to help us win additional deals in the future.

    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
 
Of course. I mean we are not talking about big numbers here. I mean, as we said, the total number of the increase in deferrals is $24 million, Helane. It's not a big number in totality.

    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, Frank.

    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. Thank you, Jade.

    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
 
Operator? Gail? Well, we seem to be having some logistical issues on the part of our provider. So it would appear that the best choice right now is to close the call. We'll follow with everybody after the call. I apologize for the technical issues on their end.

    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, Matt, just to add on to that. The -- we've talked a lot about the summer surge in the past and Donn's commentary around the seasonality between Q3 and Q4 is some of that is impacting that 15% that you see as the typical delta between Q3 and Q4. So it's already captured in the number we showed there.

    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
 
Maybe I would just add, I would say, I'm sorry -- it's Peter. I just would add that we really didn't see anything that was going to reach the scale that we can provide our tenancy. As Steve mentioned, lots of products -- projects named but they're essentially one-off. And as we've discovered over the past few years and so simple there may you campuses, there is just a lot of power and attraction that tenants have to that aggregation and what we see in the markets on the touring decent size, but nothing that we compete with us on that scale. Anyway.

    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 for taking my question and welcome, Dhaval and Mike. So I guess I just wanted to ask about the Strategic Investment Program that was described during the IPO process. Maybe could you update us on your progress there, especially in light of the $20 million of headwinds that you've been experiencing within Beverage Merchandising? Thanks.

    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, Katie.

    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, Ravi. Well, listen, thank you everyone for joining us today. We really appreciate your time. Look forward to speaking to you at upcoming financial conferences and industry meetings, including the International Dental Show in Cologne, Germany, September 22 through 25, where we'll be showcasing Align, exocad innovations and a hybrid and multimedia exhibition space through physical and virtual experiences. We'll also be hosting an investor meeting in conjunction with our GP Summit in October in Las Vegas in Nevada. We'll have that October 29 and 30. So look for more information. And if you have any additional questions, please follow up with our Investor Relations Department. Thanks and have a great day.

    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
 
Overall, the business mix in China is very similar to total Synopsys. We've been able to do very well across the board.

    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 for the question Eric. With regard to the US, I'd say, yes, we think it's a good baseline based on what we're seeing in the current environment as kind of Mark indicated in his prepared remarks if that trajectory were to continue going forward, we'd expect to hit positive overall cash flow for the business, including all our fixed costs sometime during the second half of this year. So we think that things continue to progress in the positive direction. Internationally it's hard to give a specific revenue figure, but as we mentioned, we had two countries that actually flipped the EBITDA positive in the second quarter and that our performance there also continues to improve. So, likewise, we think it's highly likely that if those trends were to continue internationally as well, we'd be both in a positive EBITDA territory in the second half as well as in a positive cash flow situation.

    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, definitely looks a lot more strategic for us. So, international, has been very strong in particular in Japan, where it's an environment where we have very strong kind of global partners there. As we look, throughout this year, in particular as sign comes to market and as a new functionality around platform and workflow continues to come to market, I think you'll see us have, incremental focus and investments on things like system integrators both on global and in kind of industry basis.
And, whether that's in Europe where we have a new President, that's onboarding, that will have a focus in that area as well. As well as we go deeper industries like financial services, public sector, life sciences, and other space that you'll see our system integrator partnerships be even more important to that strategy.

    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 thanks, operator, and thanks, everyone, for joining us today and we look forward to speaking to you and we'll see you at investor events within the coming weeks. Thank you again.

    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 fairly similar. High Net Worth is slightly bigger contribution to our new business gains but be in a similar ballpark.

    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 evening everyone. Congratulations on a great year. If you're looking at the first quarter, you mentioned that you're seeing some of the basket and traffic trends starts to -- I don't know if normalize is the right word, but head in that direction. How about the face of e-commerce order, the size of those orders? And what other areas are sort of adjusting at this time including cost trends.

    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
 
Without a doubt, I mean the -- so there's -- it's one market that we participate in a different part of the ecosystem than some of the other service and product companies. And it's important to realize that we have an asset-light, high-variable cost business with differentiated products that have a greater value and use for our customers. There's significant cost savings to the companies who organize their business around our products and systems. They have a much lower total cost and a higher value-add to their customer. And so our products pay for themselves and their integrated perforating system, which enables the safer and more efficient operations.
When you look at the cost of drilling and completing a well, they're less than 2% of the cost of the overall -- of completion let alone the overall well construction. Yet they're a significant contributor to the productivity, safety and efficiency of completing wells. And so it's a whole different thing that if you have overcapacity in assets that need to be utilized and you have a high fixed cost, it's quite a bit different when there -- it's an asset-light variable cost business and there's differentiation on the performance of the products in use. So we're cognizant of and sensitive to the profitability of our customers. And we're working hard with them to optimize the total cost between our two businesses in our ability with our customers to serve the E&P. And I think that we've got a strong approach that will definitely allow us to return to acceptable margins.

    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, good morning, and thank you very much for the question. I'll tag team this one a little bit with Jonathan, the first part of your question was more on allocating capital and investment on electrification. The latter was relative to strategy on battery management and the such. From that standpoint, I'll just remind the audience, I guess, I would say as it relates to battery management capabilities and what we do, we had integrated into that already. We had been in that with our acquisition, a couple of our acquisitions. So we're doing that. If you just think about some of the key platforms, in fact, platforms that are launching here in 2021 as it relates to the PACCAR programs, et cetera, et cetera, that is full battery management, et cetera, et cetera.
So we see what our competitors are doing. We're going to have good competitors. And that's fine. But we see it, we have been very selective, we haven't kind of pushed all the chips or over-saturated our investment in one direction or another in our EV strategy. We've put it into the right pockets and then build it up from there organically with the great people and assets that come with it. So from that standpoint, we're in pretty good shape there. Jonathan?

    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. The $1 million is in all the ranges, is in the upper and lower and those are set. And that's going to be permanent in theater industry and those are just abatements that we exchange for lease enhancements.

    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. We feel pretty comfortable that we're achieving national distribution on this item. I guess I would want to cross check with you the ACV number that -- did you say -- can you repeat for me the ACV number that you stated?

    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 Jon, it's Matt. So on the first one, specifically referencing North Italia, and we did provide some context in that the mature margins there are pretty much right in line with The Cheesecake Factory margins, right? So the difference is just the timing of the buildup of the newer restaurants. So in totality, that brand has seen pretty much the equivalent margin. And that's what we would expect to see as as all of the stores ramp up overtime.
With respect to the investment, it's really specific to the back half of this year, right? There are some upfront costs that we have to incur to get the program going. But then on an ongoing basis, we would expect it to be accretive, right? It's going to provide the revenues, but that doesn't happen until we launch it. So it's really specific for the back half of this year.

    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
 
You're right, absolutely. In SG&A, there would have been $2.1 million worth of deal costs associated with Commodore which is essentially the large body of the cost associated with the deal.

    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. This is actually Kelly Motta on for Chris. Thanks so much for the questions. Most of what I had has been asked and answered already, but on -- maybe on liquidity and liquidity management. You've heard that there will -- from a lot of banks that there's still going to be a drag from an influx as PPP is forgiven and potentially we get more stimulus. How should we be thinking about that over the course of 2021 and the size of the balance sheet? 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
 
Okay. Very good. Thank you, May. Well, thank you, everybody, for joining us. As you can tell, we're quite pleased with our performance in 2020. We're very excited about 2021. And in the next few years, we think it's going to be a very exciting time for Manhattan Associates. So we'll look forward to reporting out on Q1 in about 90 days. And in the meantime, everybody, stays safe. And thank you for your time.

    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, that's correct. That's why we showed that as an add-back to strip out those one-time expenses. We don't think they're recurrent costs, so that's why we're adjusting them out. Yeah.

    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, Subash. Effects. It improves all of those things, cost timing and that turnaround time and so on. The considerations mainly are do we have large enough pad size to put essentially two frac spreads out there. We save a little room with only one blender instead of a couple, but with lots of pump trucks, etc. It's very efficient for us, but we can only do it on some pads. And so we're working to expand certain pads, so we can do it more. We really like the economic benefits, particularly the cycle time. So it's definitely a part of our future, but we aren't able to implement it across the board quite yet.

    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, Tyler. Yeah, Merdad?

    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
 
Robby, it's Michael. With respect to the gross margin question in the fourth quarter, look, there's still challenges in the marketplace that we've got to consider. Certainly, the supply chain has been tough. We're winning there, but it's been a street fight, to be quite frank.
In the last quarter, we spoke about our ability to move the chips around the table with our diverse vendor base to get products to our customers, the products they want into our stores. And we were able to do that, not only strong product sales, but build our inventory position. That being said, it's still tough. We also need to consider the impact of inflation on consumer health and the potential for more promotion.
The other thing that I'd add is the fourth quarter for us generally mix is more hard goods. And so, there's a mix issue that occurs in the fourth quarter that we tend to make up for throughout the remainder of the year.

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