SPH, MMLP, OTTR, MGRC, SMA, ASI Expected To Be Down Before Next Earnings Releases
May 3, 2011 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released in the coming weeks and determining how the stocks have performed Before their last 12 quarterly, 6 quarterly and 6 Consecutive Days earnings reports. SUBURBAN PROPANE PARTNERS LP (NYSE:SPH), MARTIN MIDSTREAM PARTNERS LP (NASDAQ:MMLP), OTTER TAIL CORP (NASDAQ:OTTR), MCGRATH RENTCORP (NASDAQ:MGRC), SYMMETRY MEDICAL INC (NYSE:SMA), AMERICAN SAFETY INS HOLDINGS (NYSE:ASI) are all expected to be Down Before their earnings are released Thursday. The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The following stocks are expected to go Down Before earnings are released Thursday:
Symbol Company # of Reports Quarter Release Date SPH SUBURBAN PROPANE PARTNERS LP 6 Quarter Q2 05/05/2011 MMLP MARTIN MIDSTREAM PARTNERS LP 6 Quarter Q1 05/04/2011 OTTR OTTER TAIL CORP 6 Quarter Q1 05/09/2011 MGRC MCGRATH RENTCORP 12 Quarter Q1 05/05/2011 SMA SYMMETRY MEDICAL INC 6 Quarter Q1 05/05/2011 ASI AMERICAN SAFETY INS HOLDINGS 6 Quarter Q1 05/04/2011This technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history of earnings releases for that company. It combines a calendar of expected earnings releases with a history of past earnings releases in a way that lets you see if a pattern exists.
SUBURBAN PROPANE PARTNERS LP (NYSE:SPH) - Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels, and the marketing of natural gas and electricity in the United States. The companys Propane segment involves in the retail distribution of propane to residential, commercial, industrial, and agricultural customers, as well as wholesale distribution to large industrial end users. Its Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The companys Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets of New York and Pennsylvania. Suburban Propane Partners, L.P. also sells, installs, and services various whole-house heating products, air cleaners, humidifiers, hearth products, and space heaters to the customers of propane, fuel oil, natural gas, and electricity products. As of September 26, 2009, it served approximately 850,000 residential, commercial, industrial, and agricultural customers through approximately 300 locations in 30 states located primarily in the east and west coast regions of the United States, including Alaska. Suburban Energy Services Group LLC serves as the general partner to Suburban Propane Partners, L.P. The company was founded in 1945 and is based in Whippany, New Jersey.
MARTIN MIDSTREAM PARTNERS LP (NASDAQ:MMLP) - Martin Midstream Partners L.P. engages in the collection, transportation, storage, and marketing of petroleum products and by-products in the United States Gulf Coast region. The company operates in four segments: Terminalling and Storage, Natural Gas Services, Marine Transportation, and Sulfur Services. The Terminalling and Storage segment owns or operates 12 marine shore based terminal facilities and 11 specialty terminal facilities located in the United States Gulf Coast region that provide storage, processing, and handling services for producers and suppliers of petroleum products and by-products, lubricants, and other liquids. This segment also involves in the rental of land to oil and gas companies, as well as provision of storage and handling services for lubricants and fuel oils. The Natural Gas Services segment engages in gathering, processing, and distributing natural gas liquids (NGL) to propane retailers, refineries, and industrial NGL users. It has ownership interests in approximately 615 miles of gathering and transmission pipelines, as well as a 285 MMcfd capacity natural gas processing plant. It also owns approximately 200 miles of an NGL pipeline running from Kilgore to Beaumont, Texas; and 3 NGL supply and storage facilities with an aggregate above ground storage capacity of approximately 3,000 barrels, as well as leases approximately 2.2 million barrels of underground storage capacity for NGLs. The Marine Transportation segment transports petroleum products and by-products through its fleet of 40 inland marine tank barges, 17 inland push boats, and 4 offshore tug barge units. The Sulfur Services segment owns and operates six sulfur-based fertilizer production plants and one emulsified sulfur blending plant, which process and distribute sulfur-based fertilizer products. This segment also operates a sulfuric acid production plant, which processes molten sulfur into sulfuric acid. Martin Midstream was founded in 2002 and is based in Kilgore, Texas.
OTTER TAIL CORP (NASDAQ:OTTR) - Otter Tail Corporation engages in electric and nonelectric operations in the United States and internationally. It operates in six segments: Electric, Plastics, Manufacturing, Health Services, Food Ingredient Processing, and Other Business Operations. The Electric segment includes the production, transmission, distribution, and sale of electric energy through coal, wind, hydro, natural gas, and oil in Minnesota, North Dakota, and South Dakota. As of December 31, 2009, it provided electricity to approximately 130,900 customers, including residential, industrial, commercial, and other customers. This segment also operates as a wholesale participant in the Midwest Independent Transmission System Operator markets. The Plastics segment involves in producing polyvinyl chloride (PVC) pipes. The Manufacturing segment engages in the production of wind towers; contract machining; metal parts stamping and fabrication; production of waterfront equipment; and material and handling trays, and horticultural containers. The Health Services segment sells diagnostic medical equipment, patient monitoring equipment, and related supplies and accessories. This segment also provides equipment maintenance service and diagnostic imaging services; and involves in the rental of diagnostic medical imaging equipment to various medical institutions. The Food Ingredient Processing segment produces dehydrated potato products. The Other Business Operations segment engages in residential, commercial, and industrial electric contracting; fiber optic and electric distribution systems; water, wastewater, and HVAC systems construction; and transportation and energy services businesses. The company was formerly known as Otter Tail Holding Company and changed its name to Otter Tail Corporation in 2001. Otter Tail Corporation was founded in 1907 and is based in Fergus Falls, Minnesota.
MCGRATH RENTCORP (NASDAQ:MGRC) - McGrath RentCorp operates as a business-to-business rental company in the United States. It operates in four segments: Mobile Modular Management Corporation (Mobile Modular); TRS-RenTelco; Adler Tank Rentals, LLC (Adler Tank); and Enviroplex, Inc. (Enviroplex). The Mobile Modular segment rents and sells modular buildings to public and private schools, colleges, and universities in California, Texas, Florida, North Carolina, and Georgia. These modular units are used as classrooms, temporary offices, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, and for other purposes and office space. The TRS-RenTelco segment rents and sells electronic test equipment. It offers general-purpose test equipment, including oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment to aerospace, defense, electronics, industrial, research, and semiconductor industries; and communications test equipment, such as network and transmission test equipment for various fiber, copper, and wireless networks primarily to manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Adler Tank segment rents tanks and boxes used for various containment solutions to store hazardous and non-hazardous liquids and solids in applications, such as oil and gas exploration and field services, refinery, chemical and industrial plant maintenance, environmental remediation and field services, heavy and commercial building construction, marine services, pipeline construction and maintenance, tank terminals services, wastewater treatment, and waste management and landfill services. The Enviroplex segment manufactures and sells portable classrooms to public school districts and other educational institutions in California. McGrath RentCorp was founded in 1979 and is based in Livermore, California.
SYMMETRY MEDICAL INC (NYSE:SMA) - Symmetry Medical Inc. designs, develops, and produces implants and related surgical instruments and cases to orthopedic device manufacturers worldwide. It offers orthopedic implants that are used in reconstructive surgeries to replace or repair hips, knees, and other joints, such as shoulders, ankles, and elbows; trauma implant systems, which are used primarily to reattach or stabilize damaged bone or tissue while the body heals; and spinal implant systems, including plates and screws used by orthopedic surgeons and neurosurgeons in the treatment of degenerative diseases, deformities, and injuries in various regions of the spine. The company also provides surgical instruments, such as knee cutting blocks, osteotome revision systems, reamers, and retractors used in hip, knee, and shoulder reconstruction procedures, as well as in spinal, trauma, and other implant procedures. Its case product offerings include orthopedic cases designed to store, transport, and arrange surgical instruments and related implant systems for orthopedic device manufacturers; endoscopy cases for endoscope sterilization; dental cases used in dental implant and general dental procedures; sterilization containers for the sterilization of various surgical instruments; and other cases for arthroscopy, osteobiologic, cardiovascular, ophthalmology, and diagnostic imaging, as well as ear, nose, and throat procedures. In addition, the company provides net shaped aerofoils and non-rotating aircraft engine forgings for the aerospace industry. Further, it offers products for other medical device markets, including dental, osteobiologic, and endoscopy. The company was founded in 1976 and is headquartered in Warsaw, Indiana.
AMERICAN SAFETY INS HOLDINGS (NYSE:ASI) - American Safety Insurance Holdings, Ltd. provides specialty insurance and reinsurance solutions for small and medium sized businesses primarily in the United States and Bermuda. The companys Excess and Surplus Lines segment provides property and general liability coverage across specialty classes of businesses, including environmental business that provides general, professional, and pollution liability to contractors, consultants, and property owners; construction business, which offers commercial general liability insurance coverages for residential and commercial contractors; products liability business that offers general and product liability coverages for manufacturers and distributors, non-habitational real estate and real property owners, and landlord and tenant risks. This segment also provides liability coverage for surety business, which offers payment and performance bonds to the environmental remediation and construction industries; and healthcare business that provides customized liability insurance solutions for long-term care facilities. Its Alternative Risk Transfer segment provides specialty programs consisting of casualty insurance coverages for construction contractors, pest control operators, small auto dealers, real estate brokers, restaurant and tavern owners, and bail bondsmen; and fully funded general and professional liability policies for businesses operating in the healthcare and construction industries. The companys Assumed Reinsurance segment provides traditional specialty property and casualty reinsurance for unaffiliated specialty insurers and reinsurers with a focus on small specialty insurers, risk retention groups, and captives. In addition, the company also involves in other lines of businesses, such as workers compensation; and excess liability insurance for municipalities, real estate, and other ancillary product lines. American Safety Insurance Holdings, Ltd. was founded in 1986 and is based in Hamilton, Bermuda.
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