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
 
Yeah. I mean, just a couple of thoughts on that. But if you look at our total collection percentages, forget write-offs, last year in 2020, I mean, we were collecting 200 plus basis points higher on our portfolio than we had if we look at historic years or five years prior to that, sort of a normalized range. While we believe that stimulus helps that, we think as the vaccine rolls out and as potentially we get more stimulus and there will be a normalizing of write-offs over time, so as we move into the year, we'll see more normalizing. If we get further stimulus, we should be supported in some way. That 200 basis points of improvement is not necessarily all stimulus. It also included the benefit of centralized decisioning, which Kelly mentioned. And so, as we look forward, if we have no stimulus, we would expect it to revert back to kind of our five-year averages, which is losing the 200%. And that obviously translates into both revenue reductions in the portfolio because revenue is our collected revenue, not our potential revenue, and it also translates into write-off performance, which we would see normalizing as well.
So -- Kelly, I don't know if you have any additional comments to them?

    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. Great question. The inventory, although it's a little bit harder to find, but it is available out there. And the great news is, like I mentioned earlier, we do have a pretty good amount of sold orders coming our way. And the biggest stream of inventory for our used car department is coming from the trade. And then, we also have specific items that are only available to the body [Phonetic] first-come-first-serve, which will be your least earnings and also your -- some of the loaner cars as well.
So, are consumers willing to wait for the vehicle of their choice? Yes, we're seeing a lot more patience from the consumer standpoint, waiting an additional few weeks for the car of their choice is definitely not an issue. And again, that goes back to what I said it earlier, it allows us to really have a very high turn rate when those new cars come in.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Thanks, Brian.

    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
 
Yeah. I think the 0.2 -- I think those are two questions, one leverage. So we will be adding securitized leverage, which obviously doesn't move that 0.2 number. So the 0.2 will probably gravitate between 0.2 and 0.4, because we'll be rotating those loans that are being financed on those lines into securitization.
And so we really see the portfolio growing from, $3.2 billion to $4 billion, to $4.5 billion largely from securitizations. And so we don't really see that portfolio point of 0.2 changing significantly, unless the market changes dramatically and where you have to -- where the case of strategy does look like it comes back into play where that offers an interesting opportunity for us on a risk adjusted basis. But we don't see that in the near future for us or certainly not for the next 12 to 18 months that would be the only place where I would say you can see grow substantially. But right now, I think it's going to be fairly stable between point 0.2 and max to 0.5.

    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, that is correct. On a policy basis, still roughly -- the shift has continued roughly 90% of our customers, on a customer count basis, are renters. And the balance, homeowner and pet policies.

    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
 
John, that's a good question. And if you're asking me can we do positive 7% with next to no capital investments every quarter going forward, I think the answer is probably no. But I do think that over the last eight, 12 and even during the pandemic, the kind of releasing that we've been able to achieve without a bunch of capital investments is a testament to the quality of the portfolio that we have. But much more importantly, it's a testament to the asset management team under the tutelage of Janeen that we are able to generate these numbers.
And so, I feel like if you look at the trend and you look at what we've been able to do over the last three, four years, we have generally achieved north of 100% releasing spreads. And this, by the way, includes not just clients who are renewing an option but also new clients that we are bringing in into either empty buildings or buildings that are about to go empty. So this is the complete picture of what we've been able to achieve. And that is one of the points that we've been trying to talk about that our business on a normalized basis is going to become a seven-year vault business.
And a lot of value is either going to get created through this channel or not. And we've been anticipating this and building out our asset management team in anticipation of being able to generate the kind of results that we are posting on a quarter-by-quarter basis. So we feel very good that we -- and we usually target about 100% every quarter, and we've been able to do far better than that. And I'll leave it at 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
 
Thanks! Good morning. Appreciate the comments on the RFP pipeline, Joe, during your prepared remarks. Just hoping you might be able to give us a little more color there in terms of what are some of the key RFPs we might be focused on over the next 12 to 18 months? And then anything on how you think California shapes up? I know that's probably a couple of years out from any kind of decision, but obviously, an important state.

    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
 
Working in reverse with your question, I think with respect to Brooklyn, for those that know the site, at the time we got more active in the project the demolition hadn't yet taken place. So if anybody wants to drive by the site these days, you will now see that demolition is well under way. And then you're looking at a couple-of-years timeline to actually physically construct what is going to be constructed there, which will be approximately 600 multifamily units, a mix of market rate and affordable, and then there will be some street retail underneath the multifamily. But we're very happy with the partnership we formed on that transaction. Things are moving at a pace that is encouraging, and it's now just a construction deal. And we will continue to update on progress, but it's moving the way it needs to move.
I think with respect to Miami, we formed the partnership I referred to fairly recently. I would say there's been fairly positive interest both from the market as well as prospective tenants. As things of a material nature occur on the leasing side we'll provide updates, as needed. And then, longer term, I think there's a bigger decision to be made vis-a-vis timing and participation, or not, in the redevelopment, but we'll provide updates on the leasing front as things become material.

    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. It's certainly -- the gold will be the quicker to improve. It's our faster leach times. So those inventory builds affect gold more than they affect the silver because of the long leach kinetics of the silver.
So yes, it's definitely a timing thing. So it's quicker to be to build the inventory, and it's quicker to reduce the inventory than the silver. So that's what you're seeing there.

    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. Good evening. Thanks for taking the question. Maybe just a follow-up for you Shelley on the last commentary about where you can see the shipping moving on the network. Now in the past you said it's around $8 million [Phonetic] to $10 million, maybe as high as $11 million loads. Can you just talk about the progress you think you've made in getting some of that conversion? It sounds like you have started to see some in the East. And do you think the service challenges as they have appeared, does that really delay or impair the opportunity, you feel there is to convert some of the freight off the highway?

    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
 
The project in Japan is not connected to ORIX, it's a different company. It's not a large project, Japan most of the project in Japan that we see are smaller ones. We've done a few in the past. The agreement with ORIX is still in effect. So we do have priority. But at this stage, we don't have any soon to go project. If they will have a project, so we will have priority, but hopefully we'll be able to do 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
 
Well, we have our teams, this is what they do every day. And -- but, we're incumbent upon us every balance sheet date to look at the facts that exist at that point in time and make our ultimate determination. So, yes, as you remember, the first quarter of last year, one week to the next week was dramatic shifts in the macroeconomic environment. So you can't make a call until you get to the end of a 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
 
Yeah. No, I think you're right in that. I mean we will see -- we've taken additional pricing in Q4. We will see benefits from pricing that we've already taken earlier in the year incrementally in Q4.
And then as we work through that backlog, we will -- early next year, we should be in that recovery piece. I think it's important to note as we look at where the business is today, the Q4 will look more like the first half of the year for SV than it did in Q3. And so we expect incremental sequential improvement there going into next year.

    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 for taking my questions. One on Telxius and then one on domestic spectrum deployment. So first, how long does it take to typically get acquired carrier on sites or I guess, in the case of Telxius, quasi carrier sites kind of plugged into your systems and effectively marketed so that you really see the lease improvements from being independently owned flow-through? And will it happen faster than normal for Telxius since, again, they were kind of quasi independent before you picked them up? And then second, in the U.S., we oftentimes talk about urban markets seeing activity first with spectrum deployments, especially for like the upper mid-band spectrum that the carrier deployed today in force. Are you seeing that play out in practice across your portfolio? Or is it more even than we might suspect?

    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
 
They haven't given us any bogeys or lines in the sand or anything of that nature. We keep a pretty regular dialogue with them, and we try never to surprise them. So we did let them know that the timing on MVP completion had changed. I suspect they'll be coming out with some comments or some of them will.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Good morning, Jeff. Yes, as you've seen, we've been able to increase and improve our gross profit margins quite significantly on the staffing side, and as such, we've been able to provide the value of our capabilities of finding the people to our clients and wage inflation has been strong, in particular, strong in the U.S., less so in Europe, although it is robust there as well. And we've been able to pass those wage inflation trends on to our customers. And as we've mentioned in prior calls, wage inflation generally for us is a good thing because we are able to price that in and to pass it on to our customers.

    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, Mike.

    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, sure. Maybe I'll take a stab at that one. And maybe just a broad indictment on the industry over the last decade. And I think people have sort of talked about EBBS, as earnings before bad stuff. And I don't love all the adjustments that I think the industry has sort of tossed into the P&L. And the economic reality is whether it's non-GAAP earnings or GAAP earnings, eventually, all those adjustments ripple through cash, and it has an economic effect on the company. And so we're going to push really hard to be extremely sensitive to that and print high-quality earnings quarter after quarter after quarter.
And you saw it over the last couple of quarters with restructuring costs, fortunately, offset by some one time gains.
Maybe a comment on the restructuring outlook. You heard us give guidance here for 2022. We didn't make any comments on restructuring. What we're non GAAPing out is stock comp and intangibles. Our hope would be that as restructuring projects arise, perhaps there's one time offsets. So it doesn't sort of money the waters so much.
That said, we're going to continue to focus on this multiyear margin expansion journey that we're on here, and that includes some investments in restructuring. So as the opportunities arise for high-return restructuring, we're certainly not going to hesitate.

    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. It's a great question, Steve. Good to hear from you. Remember that our virtual visits kind of came in two main buckets, right? One was our live, instructor-led visits that are done by our trainers. That was about roughly half of the virtual visits. And the other half came from our flex instructors, which are smaller, more community-based, more local. The significant reduction in virtual came from our flex instructors. Our live instructors have actually held very consistent in volume over the months and over the quarters. We haven't put any marketing against it at all really.
We've been very quiet about it. And the drive back to physical took a lot of that volume out. To your point, what we'd like to have seen more in digital, for sure, and that's why we're going to invest in Q4 in that and believe that we're going to have a really strong start for Q1 moving on. The one thing we're still continuing to see is more first-time users. If you recall, a quarter or two ago, we were in the 35% to 36% range for new through that channel. And now we're tracking closer to 45%, 46%. And so we're going to invest behind more acquisition, which we know our health plans also appreciate. So we'll do that going into Q1.

    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
 
Yeah. I mean, honestly, you can kind of take the entire company and say, in generally, it improved as we moved through that first quarter. I will remind us again, each month had its own chapter of externality, but I guess all of them were somewhat equal. So broad improvement, kind of marching through the quarter and as we're looking at April, I mean I don't see anything that would change the story here.
Bill, anything you'd add?

    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, Erik. It's Ramy here. As we have discussed in John's remarks, the group results this quarter were primarily a frequency effect. So we saw the significant increase in the total number of population deaths and that was accompanied by a secondary effect, which is the severity effect whereby we did see an increase in the percentage of claims under 65 and those claims, which tend to be for working employees do have higher phased amount.
So if you think about it and if you think about the outlook going forward, we're watching that composition very carefully, but I would say that the primary driver in the second quarter is still going to be the frequency, right. So, as you know, with the rollout of the vaccine, the COVID-related deaths in the population has been declining and if you do any comparison between say January average death number to in April, there has been a significant decline. So while we still have substantial number of coming through and therefore expect to see an elevated mortality ratio in the second quarter, we do expect the underwriting ratio to come down from its Q1 high.

    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. This is Roni G. We -- as you mentioned correctly, we completed five M&As in the last year. And obviously, this is -- takes a lot of attention in terms of integration, doing the right tools, keeping the employees, integrating the product, corporate staff and all of that. A lot of effort because we want to succeed. And of course, we are not holding companies, so the effort is much higher on integration. We are, right now, focusing on integration, but still looking for additional opportunities. If you ask us probably toward the second half of the year, we should expect to do M&A. The size of the M&As are typically what we are looking, midsized to medium-sized company. This is what we are good at, and we'd like to continue with that in order to minimize risk.

    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, we've seen that trend continue into '21, Hamzah. In fact, as Mary Anne talked about reopening activity in some of the COVID-impacted markets, Calgary and Montreal were two of those top three with New York City being number one in that recovery. And so despite the veracity of the lock-downs in Canada, we still see the business holding up very well. And as the lock-downs unwind, we'll see that rebound even further.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
No. No change to the byproduct estimation, neither any of them. The only change was on the gold.

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