Akzo Nobel N.V. (OTCQX:AKZOF) Q3 2023 Earnings Conference Call October 25, 2023 3:00 AM ET Company Participants Kenny Chae – Head of IR Gregoire Poux-Guillaume – CEO Maarten de Vries – CFO Conference Call Participants Charlie Webb – Morgan Stanley Laurent Favre – BNP Gunther Zechmann – Bernstein Chetan Udeshi – JPMorgan Peter Clark –…
Alfa Laval Corporate AB (OTCPK:ALFVF) Q3 2023 Earnings Conference Call October 25, 2023 3:00 AM ET Company Participants Tom Erixon – President and Chief Executive Officer Fredrik Ekstrom – Chief Financial Officer Conference Call Participants Klas Bergelind – Citi John Kim – Deutsche Bank Max Yates – Morgan Stanley Sebastian Kuenne – RBC Capital Markets…
Darren415 Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well as…
John Phillips Twilio (NYSE:TWLO) is no longer a hyper-growth stock. At these valuations though, hyper-growth is no longer needed to justify valuations. TWLO has made impressive progress in driving expanding profit margins even as it faces decelerating top-line growth from a tough macro environment. The company has a sizable net cash position and is repurchasing…
EmirMemedovski Life Time Group Holdings (NYSE:LTH) shares fell nearly 20% last week and have now declined 37% since my February article, so I’ve decided to revisit the name. What is particularly interesting here is that while the stock chart is ugly, the 2023 full year EBITDA guidance Life Time provided last week is up 21%…
tupungato Introduction Barclays PLC (NYSE:BCS) released 3Q23 results on 24 October 2023. Back in July 2023, I commented that the market had been unimpressed by the company’s 2Q23 update (the London Stock Exchange ‘LSE’ price fell by 5% on the day of the 2Q release), but the 3Q23 results struck an even more negative chord,…
Drazen Zigic/iStock via Getty Images Every person approaches investing a little differently. I, for starters, place a tremendous amount of weight on companies that generate consistent financial growth. Even though I understand that volatility does exist, I generally like to see revenue, profits, and cash flows increase over the long run. When companies don’t do…
PM Images Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with over 700 companies on the list, the sheer amount of data can…
Beiersdorf Aktiengesellschaft (OTCPK:BDRFF) Q3 2023 Earnings Conference Call October 25, 2023 2:30 AM ET Company Participants Jens Geissler – Head, Investor Relations Vincent Warnery – Chief Executive Officer Astrid Hermann – Chief Financial Officer Conference Call Participants Iain Simpson – Barclays Bruno Monteyne – Bernstein Celine Pannuti – JPMorgan Guillaume Delmas – UBS Victoria Petrova…
yocamon Dear readers/followers, Subaru, (OTCPK:FUJHY), or native ticker 7270 in Japan which is the one that I invest in, is an impressive automotive business with an upside that is one of the four Japanese companies I currently invest in. I have been invested in Subaru for about a year at this point, and despite a…
PTC Therapeutics, Inc. (NASDAQ:PTCT) Q3 2023 Earnings Conference Call February 8, 2023 9:00 AM ET Company Participants Jane Hanlon – Associate Director, Investor Relations Matthew Klein – Chief Executive Officer Eric Pauwels – Chief Business Officer Kylie O’Keefe – Chief Commercial Officer Pierre Gravier – Chief Financial Officer Conference Call Participants Eric Joseph – J.P….
chaofann Introduction It’s time to talk about one of the few dividend kings on the market. Illinois Tool Works (NYSE:ITW) is one of the most fascinating cyclical dividend stocks on the market. Not necessarily because of its products but because of the way this company generates value. The company, which has hiked its dividend for…
Monty Rakusen/DigitalVision via Getty Images The Company Medtronic (NYSE:MDT) is a major global medical technology company based in Minnesota. They specialize in various medical devices, including those for cardiac rhythm management, spinal and surgical navigation, diabetes and neurological treatments, vascular therapies, and cardiac surgery. The company’s revenues are pretty well distributed among different segments and…
JHVEPhoto Medtronic plc (NYSE:MDT)’s financial performance for Q1 FY 2024 showcases a positive start to the new year, with revenues seeing a noticeable growth. This upward trend is ascribed to various factors, including innovation, strategic implementation, and enhanced foundational measures. Key sectors like the Cardiovascular and Neuroscience portfolios witnessed marked increases, with notable progress achieved…
FatCamera The way that I view performance might be different from the way that many others do in the market. Performance typically refers to absolute performance, as in upside or downside. If your portfolio is up 10% in a year, you would probably be quite happy. And if it’s down 10%, you would probably be…
SDI Productions/E+ via Getty Images Green energy once formed an incredibly sunny part of the stock market with an investment pitch that had everything required for long-term alpha generation. This ranged from unparalleled global government support to healthy underlying economics as utility-scale solar photovoltaics and onshore wind both came to form technologies with the lowest…
Just_Super The iShares S&P 500 Value ETF (NYSEARCA:IVE) is pretty exposed to the typical index drivers in the US. A lot of Microsoft (MSFT) and some of the cloud majors like Amazon (AMZN). Ultimately, there are some differences between the IVE and the general market, which is that mid-cap tech doesn’t feature highly, and besides…
imaginima Investment Rundown If you are looking for a dividend-distributing company that has perhaps some of the most solid margins in the energy sector then a top pick of mine is Enterprise Products Partners L.P. (NYSE:EPD) right now. The business has been incredibly solid and I think the high dividend yield is sustainable thanks to…
Milko The Magnificent 7 tech-related stocks capture the spotlight, but there’s another mega-cap that is often left on its own as a remarkable 2023 winner: Eli Lilly (LLY). The Indianapolis-based $511 billion Health Care sector company boasts a premium 45x forward price-to-earnings ratio (using 2024 estimates) and is up better than 53% so far in…
Dragon Claws ETF Overview The VanEck IG Floating Rate ETF (NYSEARCA:FLTR) seeks to replicate the performance of the MVIS US Investment Grade Floating Rate Index which consists of U.S. dollar denominated floating rate notes issued by corporate issuers and rated investment grade. FLTR has ~$1.31 billion in net assets and charges an expense ratio of…
chameleonseye PayPal Holdings, Inc. (NASDAQ:PYPL) is set to report Q3 earnings on Wednesday, November 1st, after the market close. Consensus quarterly earnings according to Seeking Alpha are expected to be around $1.23/share with revenues growing 8% YoY to $7.4 billion. On an annualized basis, PayPal trades at a forward price-to-earnings ratio of 10x, which is…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mike Pence has dropped out of the race for the 2024 US presidential election as the former vice-president struggled to mobilise support and boost flagging poll numbers. In a surprise announcement during a speech at…
Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. The United Auto Workers on Saturday said it had reached a tentative labour agreement with Fiat Chrysler parent Stellantis, which would raise wages and end a six-week strike. The deal is a significant victory for the…
gorodenkoff People would rather live in a community with unreasonable claims, than face loneliness with their truth”― Bangambiki Habyarimana Today, we put Applied Therapeutics, Inc. (NASDAQ:APLT) in the spotlight for the first time. The company is on the cusp of filing its first marketing application to the FDA. The stock is also up some 300%…
Peach_iStock The conflict between Israel and Hamas has led to increased volatility for several commodities, including oil and gold. Jennifer Nowski, Vice President, Director, and Portfolio Manager for TD Asset Management, speaks with Greg Bonnell about the broader implications for commodity-related stocks. Greg Bonnell: Several key commodities have seen some volatile price action lately amid…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
Mario Tama Introduction Altria (NYSE:MO) recently reported its Q3 earnings and let’s just say investors were not happy. Since then, the stock has fallen over 7% and now trades below $40 and hit a new 52-week low of $39.06. The stock has not seen a price this low since November 20th of 2020 when it…
Nina Shatirishvili Introduction: In my prior articles on Whitehaven Coal (OTCPK:WHITF) (here (Jun ’23) and here (Dec ’22)), I rated the Company as a Buy due to its strong fundamentals and its strong but now-ceased share buyback program, while also noting a couple visible risks and the stock’s less-than-ideal technicals. Today, however, I am upgrading…
Robert Way Introduction Although the preferred shares issued by banks and financial institutions are traditionally non-cumulative in nature (which means that in case the bank skips a preferred dividend payment, it does not have to make up for it in the future), the perception of a missed preferred dividend payment is so negative that I…
Pavel Muravev/iStock via Getty Images LG Display (NYSE:LPL) released its latest earnings report on October 25 and the results for Q3 showed an improvement as anticipated, but LPL also fell short of guidance as the improvement was significantly less than expected. However, the stock handled the disappointment relatively well with not much change because LPL…
AB SKF (publ) (OTCPK:SKFRY) Q3 2023 Earnings Conference Call October 27, 2023 2:15 AM ET Company Participants Patrik Stenberg – Director, SKF Group Investor Relation and Mergers, Acquisitions Rickard Gustafson – Chief Executive Officer Niclas Rosenlew – Chief Financial Officer Conference Call Participants Daniela Costa – Goldman Sachs Andrew Wilson – JPMorgan Max Yates –…
DIGIcal Carriage Services (NYSE:CSV) operates funeral homes and cemeteries in the United States. The company has a strategy of acquiring small independent operators in the country to consistently grow the company’s earnings. Although the company has a very significant amount of long-term debt, I believe that the stock is relatively low in risk. I believe…
DSV A/S (OTCPK:DSDVF) Q3 2023 Earnings Conference Call October 24, 2023 5:00 AM ET Company Participants Jens Bjorn Andersen – CEO Jens Lund – COO Michael Ebbe – CFO Conference Call Participants Michael Vitfell-Rasmussen – Danske Bank Cristian Nedelcu – UBS Robert Joynson – Exane BNP Paribas Alexia Dogani – Barclays Lars Heindorff – Nordea…
Techa Tungateja/iStock via Getty Images Mitek Systems (NASDAQ:MITK) operates an identity validation platform. The company has been growing at a very good pace with mostly organic performance. I believe that Mitek is poised for long-term margin expansion along with a good amount of further growth in the growing identity verification market. The current valuation doesn’t…
CHUNYIP WONG Since I last called for caution on the iShares MSCI Hong Kong ETF (NYSEARCA:EWH), the fund has further underwhelmed – and for good reason. For all the recent investor concerns about the state of property in mainland China, Hong Kong is having it much, much worse. Hong Kong’s monetary policy is tied to…
halbergman I thought that 2023 was going to be a rough year for transportation providers given high inventories and excess capacity exiting 2022, but this year has developed even worse than I expected, as demand has continued to underwhelm and marginal capacity providers have stubbornly tried to hang on despite loss-making rates. What all of…
marrio31 We previously covered First Solar (NASDAQ:NASDAQ:FSLR) and Enphase Energy (NASDAQ:NASDAQ:ENPH) in August 2023, discussing the former’s double top/ bottom line beats as the latter reported a mixed performance in the FQ2’23 quarter. While FSLR had reported growing backlog and expanding late-stage opportunities in the utility solar segment, ENPH had guided a slow down in…
Avangrid, Inc. (NYSE:AGR) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Alvaro Ortega – VP of Finance, IR & Treasury Pedro Blazquez – CEO Patricia Cosgel – CFO Catherine Stempien – President & CEO, Avangrid Networks Jose Antonio Miranda – President & CEO, Avangrid Renewables Conference Call Participants Richard Sunderland…
Saipem SpA (OTCPK:SAPMF) Q3 2023 Earnings Conference Call October 26, 2023 4:30 AM ET Company Participants Alessandro Puliti – Chief Executive Officer and General Manager Paolo Calcagnini – Chief Financial Officer Conference Call Participants Alessandro Pozzi – Mediobanca Guilherme Levy – Morgan Stanley Guillaume Delaby – Societe Generale Roberto Ranieri – Stifel Peter Testa –…
William_Potter Investment Thesis Wouldn’t it be nice to have an investment portfolio that helps you steadily increase your wealth and additionally contributes to covering your day-to-day expenses? Imagine an investment portfolio that helps you to pay your internet bill, covers your gas expenses or even helps you pay for your next vacation! In today’s article,…
Eagle Bancorp, Inc. (NASDAQ:EGBN) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Charles Levingston – Chief Financial Officer Susan Riel – President and Chief Executive Officer Janice Williams – Chief Credit Officer Conference Call Participants Catherine Mealor – KBW Casey Whitman – Piper Sandler Operator Good day, and thank you…
Iberdrola, S.A. (OTCPK:IBDSF) Q3 2023 Earnings Call Transcript October 26, 2023 3:30 AM ET Company Participants Ignacio Arambarri – Investor Relations Jose Sanchez Galan – Executive Chairman Pepe Sainz – Chief Financial Officer Gerardo Calatrava – General Secretary Conference Call Participants Ignacio Arambarri [Foreign Language] Good morning, ladies and gentlemen. First of all, we would…
TerryJ/E+ via Getty Images These are still good days for process end-markets like oil/gas and chemicals, and Flowserve (NYSE:FLS) is reaping the benefits as the company continues to generate strong growth from its backlog, as well as ongoing aftermarket demand. Beyond this near-term momentum, the company has leverage to several new growth markets, including LNG,…
designer491 Redwood Trust (NYSE:RWT) has an over 20% return since I placed a “Buy” rating on the REIT in May. With other mortgage REITS struggling, let’s take a closer look at the name ahead of its Q3 earnings. Company Profile As a refresher, RWT is a specialty finance company that is classified as a REIT…
Following the farming period, Binance is all set to list MEME on November 3, 2023, at 08:00 (UTC). Binance, one of the world’s leading crypto exchanges, is excited to announce Memecoin (MEME) as its 39th project on Binance Launchpool. MEME is the native ecosystem token of Memeland, a Web3 venture studio created by 9GAG, the…
Norsk Hydro ASA (OTCQX:NHYDY) Q3 2023 Earnings Conference Call October 24, 2023 2:30 AM ET Company Participants Martine Rambol Hagen – Head of Investor Relations Hilde Merete Aasheim – President and Chief Executive Officer Arvid Moss – Executive Vice President, Hydro Energy Pal Kildemo – Executive Vice President and Chief Financial Officer Martine Rambol Hagen…
imaginima We previously covered Netflix, Inc. (NASDAQ:NFLX) in April 2023, discussing its excellent prospects thanks to the password-sharing crackdown and ongoing SAG-AFTRA/ WGA strike, contributing to its improved top and bottom lines then. The management had also projected an expanded FY2023 Free Cash Flow generation of $5B (+210.5% YoY), potentially resulting in increased share repurchases,…
Helena GH/iStock via Getty Images Armada Hoffler Properties (NYSE:AHH) is a vertically integrated REIT that owns and operates a variety of real estate assets in southern half of east coast that include mixed-use, retail, multi-familiy residence and office properties. The company also has a side business that consists of offering services related to construction and…
Customers Bancorp, Inc. (NYSE:CUBI) Q3 2023 Earnings Conference Call October 27, 2023 9:00 AM ET Company Participants David Patti – Director of Communications Jay Siddhu – Executive Chairman Sam Sidhu – President and Chief Executive Officer Carla Leibold – Executive Vice President and Chief Financial Officer Phil Watkins – CFO Conference Call Participants Steve Moss…
Portra/E+ via Getty Images A COVID Story You couldn’t write a better story if you tried. Imagine this: an airborne virus pandemic sweeps the globe, and you’re the CEO of a household-name disinfectant company. What could go wrong? Well, if you’re Clorox (NYSE:CLX), a lot. After surging more than 60% while the broader S&P 500…