The consensus earnings estimate is $3.51 per share on revenue of $2.32 billion and the Earnings Whisper ® number is $3.54 per share. Investor sentiment going into the company's earnings release has 58% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 11.08% with revenue increasing by 0.98%. Short interest has increased by 33.9% since the company's last earnings release while the stock has drifted higher by 14.8% from its open following the earnings release to be 12.6% above its 200 day moving average of $23.26. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, May 23, 2017 there was some notable buying of 1,045 contracts of the $24.00 put expiring on Friday, June 16, 2017. Option traders are pricing in a 9.7% move on earnings and the stock has averaged a 10.5% move in recent quarters.
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