LightInTheBox Holding Co., Ltd. (LightInTheBox), Shree Pushkar Chemicals & Fertilisers Ltd. (Shree Pushkar), and Easy Trip Planners Ltd (Easy Trip Planners) witnessed a double-digit rise in sentiment* during Q1 2022, and were the key sentiment movers for the quarter, according to GlobalData, a leading data and analytics company.
GlobalData’s latest report, ‘Company Filings Analytics Trends & Signals Q1 2022’, found that earnings call transcript sentiment for LightInTheBox (online retail company), Shree Pushkar (fertilizer and dye manufacturer), and Easy Trip Planners (online travel company) rose 21%, 20% and 18% respectively in Q1 2022 over Q4 2021. The companies had the highest sequential gain in Q1 2022 amongst the APAC companies.
Rinaldo Pereira, Business Fundamentals Analyst at GlobalData, comments: “Optimism around Ecommerce, improvement to apparel sales and gross margin in its earnings call transcript influenced the sentiment for LightInTheBox. Easy Planners’ positivity around market share gains and margin increases and profitability fuelled its sentiment growth. While Shree Pushkar saw a rise with optimism around volume and capacity increased coupled with positivity around financial metrics.
“Each sentiment gainer witnessed a rise in share prices following the earnings call. Investor optimism seems to be on track with the sequential rise in filing sentiment.”
*GlobalData uses an advanced machine learning algorithm to calculate sentiment in a range of 0 to 1, with 1 being the most positive.
