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
 
Thank you, gentlemen. Good afternoon.

    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
 
Sure. I'll take a stab at that. Well, it was a good quarter. Right? $2.75 per gallon EBITDA.
And if you look versus first quarter of '20, soybean oil price is up 1.6 times, but the D4 RIN price is up 2.6 times. So the D4 RIN has done a lot of lifting, and that's provided margin. So we're looking -- I think if you look over history, we've had a pretty good stress test the last three years. We've had a wide variation in RIN prices, wide variation in feedstock prices, wide variation ULSD prices, yet our margin has only varied from 2.17 a gallon EBITDA in 2018 to 2.37 a gallon EBITDA in 2020.
And now, last -- first quarter of '20, first quarter of '21, about the same and is 2.70 EBITDA range. So again, a pretty good stress test. So we feel pretty comfortable about those kind of margins going forward for the foreseeable 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
 
Exactly.

    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 afternoon. It seems clear that variable rent is growing in the portfolio. Like I'm just -- could you help frame how much this is shifting? Like for the leases you're negotiating today, what is the split contractual rent and the expected variable rent component? And how is that different from before the pandemic?

    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 think Norm will take that, and he's going to say probably very similar. Right, Norm?

    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. It's -- yes, I would say, right around there is about right. We actually -- our guidance and our forecast, which, just to be clear, so our forecast is -- our current forecast is the midpoint of our guidance. And if you look at it and break it down by quarter, we're actually showing that Q4 will be a bit stronger than Q3.
But Q3 is kind of about in that $50 million range.

    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. Are there any -- Dave, are there any notable tailwinds or headwinds just as we think about modeling the second quarter? I know you don't give full guidance, but maybe just so we can avoid some surprises. I know you've said many times the progression of fiscal '22 pricing and savings will be back half loaded.
So hopefully, people have gotten that message. But is there anything specific we should be reminded of, additional trade accrual laps, anything like 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
 
Well, in North America --

    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
 
All our factories are running pretty full. So it's a bit difficult to move the volume around for us. Yes, there was a bit of a disruption in the Southeast Asia size of ours, but I think the situation is under control now. And I think they're back to normal. I think the overall impact is quite small for us.

    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 for taking the question. Two for me. Maybe first, Kyle, back to the first question on 5% to 7% sequential growth and does that -- is that now off the lower second quarter? So I just want to make sure, versus, you know, the prior guidance of 5% to 7% sequentially and now off of the lower base in the second quarter, it's essentially taking 2021 revenues down by something like, what, $10 million, $15 million versus prior expectations. So just want to make sure that's the right way to think about it in the resulting second half growth.

    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. Well, certainly, we had a good bookings quarter that helps. But also, we're seeing our contract life get out a little bit farther than we've typically seen, which is also good. So we're getting signing under current contracts.
And as you know, that plays a part of this as well. So I think it's a combination of a strong quarter, but also we're seeing longer contracts on renewals.

    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
 
I'd say, it was probably more a function of allocations internally around portfolio production. But I'd say, it should be pretty stable with the last couple of quarters looking out over the balance sheet. There is nothing within the servicing or administrative areas of our Mortgage segment that we expect to see significant increase or decrease. Majority of the Next Gen 2.0 saves are related to the Core Banking segment.

    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 should -- so if I ever call out materials as a massive issue. I feel like, maybe I should shoot myself. Maybe that's a bit extreme. But when you're in the 90%, 95% -- let's call it, 95% pass-through situation, then in the course of the year, there may be a quarter where in terms of a lag as if metals move massively. But in the normal course of, let's say metals corridors and are back-to-back agreements with our customer base, including wheels, so it doesn't mean any matter whether it's an aerospace product or a commercial aluminum wheel. But whether its, cobalt or whether it's nickel or vanadium or aluminum, those are pretty much comments, Seth.

    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
 
So -- just probably take your -- part of your question for next year. Obviously, we read some industry reports out there on the forecasts and where the volumes are at. The biggest headwind there is just component supply. But if we're going from that is just what we're hearing from our customers and what we can secure in parts in terms of supporting that as well.

    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 certainly, when we migrate customers on a like-for-like basis, so they're taking the same number of seats, the same level of functionality and data that they're integrating. that's a non-event in terms of what they pay us. It's a flat renewal to a large extent or we would target an inflation-like renewal, which is what we get normally. What we do see is that customers do tend to take on additional functionality.
They tend to roll it out to more of their users and they tend to take on additional data as well. And that's really just a testament to the value proposition of the new platform. So certainly, as we're including additional things like chat or conversation intelligence, in that discussion that is another opportunity for us to continue to expand with our customers and continue to deliver them more value.

    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. Manav, I think I'll let Ray and Dave jump in there, but we are obviously cognizant of the value of lowering the carbon intensity of the operations, of the product, etc. The wind situation in Dickinson, Ray, if you want to give a little more color there. Or, Dave, if you want to give total color on lowering carbon.

    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, Jamie, it's Peter Carter. The terms are identical to PSP 1.

    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 joint effort. I think it's a mutual benefit to everybody when everybody survives.

    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. So Chris, this is Raj. Just give maybe a couple of overarching statements and then let Anand address some of that in more granularity. Thanks for your questions.
I think in general, the in-person visits and the virtual visit within the PTC, there's not much of a difference in terms of the call itself and educating our HCPs within PTCs. I think where the in-person does become important is facilitating the paperwork that sometimes is necessary in a rare disease area like ours, where we'll have to get the benefits investigation done, get the Quick Start program authorized with the patient. And so it requires a little bit of coordination within those offices. And give it COVID-19, we faced some challenges early on with the office dynamics breaking down, where that facilitation with nurses being remote and physicians being remote has been quite difficult.
I think on the refill rates, it's a little bit too early to comment on that. But all I can say, Chris, is there's nothing that has been surprising in terms of a fallout. So I think the comment that we made in our prepared remarks, which is that we're pleased with the reception that we're getting with patients and physicians continues to hold. And I think the last one in terms of 2021 coverage, we are certainly making good progress with payers, and we hope to continue that coverage and that progress in 2021.
And we believe that by in itself will also facilitate the easing of some of that paperwork that we had to do early on when there were no formal policies put in place. Anand, did you want to add anything to what I just responded?

    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
 
We haven't broken it down between commercial vehicle and light vehicle. I think it's appropriate to think of us just in totality as being normally in that high teens from a conversion standpoint. Obviously, our guide this year, both what we delivered in Q1 and then what we're guiding to for the full year suggests that we're in the low 20 percentile from a conversion year-over-year perspective, which will contemplate anything in both the CV and the light vehicle space. And obviously, we're getting a tailwind from things like the cost synergies in excess of purchase price amortization, getting a tailwind from the execution of our restructuring initiatives, both on the legacy BorgWarner side and Project Pioneer at Delphi. And so it's leading to conversion that this year is in the low 20s right now.

    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
 
So we're -- our wages and wage increases are generally consistent with the market. I think Nick's last report had 4.5% wage increases year-over-year and we're seeing similar increases with our operators 5% or so. Though for frontline workers we're -- in some markets we're seeing double-digit increases. These are workers. The operators are competing for workers with Amazon and Walmart. It's all stuff we've talked about before. So not only is there wage pressure, but there's also a scarcity of employees and so that drives wages up as well.

    Prediction (one of UP, DOWN, SAME): DOWN
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Hey, Rod. It's Brittany. Thank you for the question. So, most of the inventory you're seeing on our balance sheet right now is actually finished goods inventory, and not as because we are supporting significantly higher demand this Q2 than we are -- have supported in other Q2s.
So, part of it is just to support the higher sales volume. And then, I would say another part is just timing around when we have in transit inventory in a sort of quarter-to-quarter. So that's really the dynamic you're seeing. Obviously, we're doing everything we can on components as is everyone else right now.
But we're pretty much turning that -- those components into finished goods as fast as we can, so we can go meet the backorders and the demand we're seeing.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Yeah. So this really takes advantage of all the learnings that we had from our subretinal program. So there, you'll recall, Lisa, we had the benefit of a full dose ranging where we started super low with a dose where we didn't see anything. And then saw progressively more clear signal as we went up with a plateau from our perspective once we got to level three onward. This is a new route of administration. However, I think it is important to note that it still achieves the goal of getting infusate very close to the target tissue of the RPE and the photoreceptors, particularly compared to other routes of administration like [Indecipherable]. Since we had very good safety and tolerability in the full range of doses with subretinal, we chose to go from a position of [Indecipherable] and start with the dose level five that we had from subretinal.
And we were pleased that our preclinical package, both our pharmacology studies as well as our GLP package gave us that opportunity to start from that standpoint. We were also pleased to be able to start with a design where we do not include prophylactic steroids for either of our initial suprachoroidal delivery studies. So yeah, I think, a good question is always key aspect when you're thinking of starting dosing where you start and I think we just have the benefit of a lot of prior experience with subretinal delivery with the same exact transgene and the same exact AAV vector to take advantage of that to start with a dose to evaluate not only safety and tolerability, but potential signal.

    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
 
We stay in very close touch with our states. And I think the CEOs and leadership out in the field really do a good job of making sure that they're talking with the states and officials and those that are, I think, involved in making decisions around funding. I do -- we talked about this, I guess, maybe a year before last, and it didn't work out. It does look like this is going to -- it's going to happen now with the settlement. And I think that we believe that we're in a good position to receive some of those funds, but we can't really predict how the states right now will lay that out. There are other proactive, preventative services that I think they would seek to have, but we also believe we provide a key part of that continuum. So I think we are in close contact. We're watching that. And we're hopeful that it will allow us to treat more individuals with the funding that may or may not become available.

    Prediction (one of UP, DOWN, SAME): UP
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
Hey good morning and thanks for taking my question, and congrats on all the news. Just a quick update, Jeff, on your thoughts on hedging. Notice you layered on some, looks like some good hedges for oil for next year, for 2022 and just your thoughts on natural gas.

    Prediction (one of UP, DOWN, SAME): SAME
You are a financial analyst, determining what effect an earnings call will have on the company's stock price, based on a summary of one. Be as critical and skeptical as possible, and remember that the market may disproportionally react to small unexpected details. Respond with one of: UP, DOWN, SAME
 
It's pretty early to say. There are both gives and takes we're seeing. We're really focused on assessing what the impact of the inflationary pressures are on some of the input costs. At the same time, as we're looking at our productivity assumptions for operating and other measures of that nature, there are actually some opportunities and some improvements where we expect to see out of that. So there's a few moving parts. I don't want to speculate as to what the net impact will be. But it is something that is being assessed for sure.

    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. Good morning. There's a lot of puts and takes on the SG&A line with the cost cuts, the lower credit costs, and now perhaps some higher labor and marketing costs. Signet has historically been in the 28% to 29% of sales range for many years.
Is that a level that you think you can get back to in the coming years? And can you just walk us through any opportunities or pressures maybe around that number as we model for the next few years? 

    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, except for the 2021 PPP where we collected the $3.4 million, we took -- most of that -- most of one quarter in this quarter and we'll have the rest of that over the rest of the year.

    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. Thanks, Jason. That's all the questions we have. We just want to thank everyone for participating this morning, and look out for the new RZR coming on November 9 and new electric RANGER in December.
And we look forward to talking to you next quarter. Thanks again. Goodbye.

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