Finance News
Vidrala, S.A. (OTCPK:VDRFF) Q1 2024 Earnings Conference Call April 30, 2024 10:30 AM ET Company Participants Inigo Mendieta – Head of Investor RelationsRaul Gomez – Incoming CEO Conference Call Participants Alberto Espelosin – JB CapitalInigo Egusquiza – KeplerJose Antonio Suarez – Caixa BankFraser Donlon – BerenbergCole Hathorn – JefferiesLuis Toledo – OdoIgnacio Romero – Banco…
Fuchs SE (OTCPK:FUPBY) Q1 2024 Results Conference Call April 30, 2024 6:00 AM ET Company Participants Lutz Ackermann – Head of Investor RelationsIsabelle Adelt – CFO & Member of Executive Board Conference Call Participants Riya Kotecha – Bank of AmericaIsha Sharma – StifelKonstantin Wiechert – Baader-HelveaMartin Roediger – Kepler CheuvreuxMichael Schaefer – ODDO BHFLars Vom-Cleff…
Straumann Holding AG (OTCPK:SAUHF) Q1 2024 Results Conference Call April 30, 2024 4:30 AM ET Company Participants Guillaume Daniellot – CEOYang Xu – CFO Conference Call Participants Daniel Jelovcan – StifelHassan Al-Wakeel – BarclaysMaja Pataki – Kepler CheuvreuxGraham Doyle – UBSRichard Felton – Goldman SachsJulien Dormois – JefferiesVeronika Dubajova – CitiAnchal Verma – JPMorganHugo Solvet…
Albany International Corp. (NYSE:AIN) Q1 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants JC Chetnani – VP, IRGunnar Kleveland – President & CEORobert Starr – CFO & Treasurer Conference Call Participants Peter Arment – BairdMichael Ciarmoli – Truist Securities.Jordan Lyonnais – Bank of AmericaJack Ayers – TD CowenChigusa Katoku – J.P….
BGC Group, Inc. (NASDAQ:BGC) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Jason Chryssicas – Head of Investor RelationsHoward Lutnick – Chairman of the Board & Chief Executive OfficerSean Windeatt – COO & Co-Global Head of BrokerageJason Hauf – Executive Vice President & Chief Financial Officer Conference Call Participants Patrick…
Federal Signal Corporation (NYSE:FSS) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Felix Boeschen – Vice President, Corporate Strategy & Investor RelationsIan Hudson – Chief Financial OfficerJennifer Sherman – President & Chief Executive Officer Conference Call Participants Steve Barger – KeyBanc Capital MarketsChris Moore – CJS SecuritiesMike Shlisky – D.A….
Yarygin Listen below or on the go on Apple Podcasts and Spotify The reported move falls short of legalizing recreation pot use. (0:16) Eli Lilly boosts outlook on weight loss drug performance. (1:01) Wage inflation comes in hot for Q1. (2:56) The following is an abridged transcript: Our top story so far The DEA is…
Harmony Biosciences Holdings, Inc (NASDAQ:HRMY) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Luis Sanay – Head of Investor RelationsJeffrey Dayno – President & Chief Executive OfficerJeffrey Dierks – Chief Commercial OfficerKumar Budur – Chief Medical OfficerSandip Kapadia – Chief Financial Officer & Chief Administrative Officer Conference Call Participants Charles…
Zebra Technologies Corporation (NASDAQ:ZBRA) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Mike Steele – Vice President of Investor RelationsBill Burns – Chief Executive OfficerNathan Winters – Chief Financial Officer Conference Call Participants Jamie Cook – Truist SecuritiesDamian Karas – UBSKeith Housum – Northcoast ResearchTommy Moll – StephensBrad Hewitt –…
Jonathan Kitchen/DigitalVision via Getty Images Biogen Inc. (NASDAQ:BIIB) just reported a quarter where their Alzheimer’s therapy is finally gaining traction. The stock has only made a slight bounce off the bottom, providing the opportunity to jump onto the story for a stock that topped $300 last year. My investment thesis remains Bullish on the stock…
Everest Group, Ltd. (NYSE:EG) Q1 2024 Results Conference Call April 30, 2024 8:00 AM ET Company Participants Matt Rohrmann – Head, IRJuan Andrade – President, CEOMark Kociancic – EVP, CFOJim Williamson – EVP, COO Conference Call Participants David Motemaden – Evercore ISIBrian Meredith – UBSMichael Zaremski – BMOJosh Shanker – Bank of AmericaElyse Greenspan –…
PayPal Holdings Inc. (NASDAQ:PYPL) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Alex Chriss – President, Chief Executive OfficerJamie Miller – Executive Vice President, Chief Financial OfficerRyan Wallace – Head of Investor Relations Conference Call Participants Tien-Tsin Huang – JP MorganDarrin Peller – Wolfe ResearchTimothy Chiodo – UBSRamsey El-Assal –…
Logitech International S.A. (NASDAQ:LOGI) Q4 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Nate Melihercik – Head of Global Investor RelationsHanneke Faber – Chief Executive OfficerChuck Boynton – Chief Financial Officer Conference Call Participants Alex Duval – Goldman SachsAsiya Merchant – CitiGeorge-Samuel Brown – Deutsche BankDidier Scemama – Bank of AmericaGeorge…
Mark Segal/DigitalVision via Getty Images Thesis Devon Energy (NYSE:DVN) is scheduled to release Q1 results on May 1st, 2024. Investors may be disappointed with the results against strong market expectations resulting from a healthy crude rally throughout the quarter. Now that crude prices have stabilized in the low $80/barrel range, investors may be expecting more….
Pgiam/iStock via Getty Images My Thesis Lucid’s (NASDAQ:LCID) market cap nearly reached $100 billion in 2021 amidst the pandemic-driven stock market rally. The company had ambitious plans to challenge Tesla’s (TSLA) dominance in the EV industry. However, its market share in the U.S. EV market in 2023 comprised a modest 0.55%, lower than in 2022….
Volkswagen AG (OTCPK:VWAGY) Q1 2024 Earnings Conference Call April 30, 2024 3:00 AM ET Company Participants Pietro Zollino – Head of Corporate CommunicationsRolf Woller – Head of Treasury and Investor RelationsArno Antlitz – CFO & COO Conference Call Participants Jose Asumendi – JPMorganTim Rokossa – Deutsche BankMichael Punzet – DZ BankHorst Schneider – Bank of…
AJ_Watt/E+ via Getty Images Synopsis Mama’s Creations (NASDAQ:MAMA) specializes in the manufacturing and marketing of fresh deli-prepared foods. MAMA’s historical revenues have shown robust year-over-year growth. Additionally, its 2024 margins improved significantly as compared to 2023. For its latest 4Q24 result, strong top-line growth was driven by higher volume. Looking ahead, the changing consumer preference…
Monty Rakusen Noritz (OTCPK:NRTZF) doesn’t report the majority of its materials in English, so note that the slides were machine translated for your convenience. Following up from our previous coverage of Noritz which speculated on possible ways in which shareholder remuneration could be improved, we have a look at the latest disclosure which does shed…
takasuu/iStock via Getty Images Overview Stronger-than-expected eurozone GDP strengthened the sense that a nascent recovery may be taking hold and has given the euro a bid in the European morning. The dollar (DXY, USDOLLAR), though, is enjoying a firmer tone against the other G10 currencies today. Australia’s unexpected weakness in retail sales has weighed on…
chapin31 Thesis Texas Roadhouse, Inc. (NASDAQ:TXRH) is a compounding machine that I believe will continue to outperform the overall market. A combination of a strong balance sheet and a long runway for profitable growth will drive the company to much higher levels. Shareholders will continue to benefit from their shareholder-friendly policy and the relatively lower…
baona/iStock via Getty Images Recently, I penned an article titled “Who’s Chasing Yield?” in which I explained that: “it’s critical to examine the “margin of safety” with the dividend, to make sure that these picks don’t turn into a so-called “sucker yield.” There are plenty of these so-called “sucker yields” in the mortgage REIT sector….
ijeab The momentum factor is on track to end April as it began: the strongest year-to-date performer among US equity factors, based on a set of ETFs through Friday’s close (Apr. 26). In line with the broad market, iShares MSCI USA Momentum Factor ETF (MTUM) has taken a hit in recent weeks after touching a…
Reddit stockcam On Friday, Reddit (NYSE:RDDT) rallied 7.02% from its closing IPO price in a single trading day. The rally was likely brought on by a surprise earnings beat from Snap Inc. (SNAP), which itself booked a staggering 27.6% gain the same day. In the chart below, you can see the price action in the…
Richard Drury Two weeks ago, Fed Chair Jerome Powell let it be known that he had no confidence to cut rates with the present data, and last week’s inflation releases surely did not give him any reassurance that the inflation outlook was moving in the right direction. Numerous inflation reports keep surprising to the upside,…
D-Keine On Monday, April 29th, Annovis Bio (NYSE:ANVS) announced the topline results from their phase 2/3 Alzheimer’s Disease (AD) trial. This trial was described as: The Phase II/III study was a randomized, double-blind, placebo-controlled trial investigating the efficacy, safety, and tolerability of buntanetap in patients with mild to moderate AD. This was a dose-ranging study…
JamesBrey Originally published on April 25, 2024 By Katie Klingensmith & Bill Zox, CFA After strong performance since the fourth quarter of last year, U.S. high yield spreads remain tight. However, Portfolio Manager Bill Zox tells Senior Vice President – Investment Specialist Katie Klingensmith that spreads are not the only consideration. He discusses several important…
Energy Extraction On America’s Plains Ramon Cliff/iStock Editorial via Getty Images It is not too late to initiate a position in Plains GP Holdings, L.P. Class A (NASDAQ:PAGP), despite doubling the return of the S&P 500 over the past year. This large, high-quality MLP has produced a trailing 12-month total return over 40% compared to…
Prykhodov Alphabet Inc. (NASDAQ:GOOG) reported first quarter results on Thursday last week, which caused a big jump in Google’s stock price amid robust momentum in the marketing business. Marketing strength in Google’s core business, advertising, was a major catalyst for growth in the first quarter. Google also announced that it would start to pay a…
Sundry Photography Introduction & Investment Thesis CrowdStrike (NASDAQ:CRWD) is a cybersecurity company that has outperformed the S&P 500 and Nasdaq 100 YTD. The company reported its Q4 FY24 earnings in March, where revenue and earnings grew 36% and 85.9% YoY, beating expectations. The company continues to drive new customer deals at a rapid pace while…
ipopba On 24/04/2024, Intrum AB (OTCPK:ITJTY) (OTCPK:INJJF) released its Q1 trading results. The Swedish Credit Management Services company operates in 20 European countries and is organized into two operating divisions: servicing and Investing. Last time, we positively commented on the Cerberus transactions as a step forward to reassure Wall Street. Looking at the broader picture,…
Funtap Introduction I recently came across the Vident U.S. Diversified Real Estate ETF (NYSEARCA:PPTY). Besides the ETF being new to me, I never heard of the manager either. Add the low AUM, and normally, I would have just moved to explore another ETF not on my radar yet. The reason I produced this article was…
Yum China Holdings, Inc. (NYSE:YUMC) Q1 2024 Earnings Conference Call May 29, 2024 8:00 PM ET Company Participants Joey Wat – Chief Executive OfficerAndy Yeung – Chief Financial OfficerFlorence Lip – Senior Director, Investor Relations Conference Call Participants Michelle Cheng – Goldman SachsBrian Bittner – OppenheimerChen Luo – Bank of AmericaLillian Lou – Morgan StanleyAnne…
hapabapa/iStock Editorial via Getty Images iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) was launched by BlackRock, Inc. on July 24, 2000 and is managed by BlackRock Fund Advisors. Since its inception, it has accumulated around $9.3 billion, and that places it near the top among similar options out there. That’s not the only thing that…
Susumu Yoshioka/DigitalVision via Getty Images April 29th ended up being a rather interesting day for shareholders of metal packaging firm Crown Holdings (NYSE:CCK). After the market closed, shares jumped about 3.3% in response to management announcing financial results covering the first quarter of the company’s 2024 fiscal year. Although the firm failed to meet expectations…
Hiroshi Watanabe Late December last year, I issued an article comparing the largest BDC – Ares Capital (NASDAQ:ARCC) – with the second largest one, FS KKR Capital (FSK). While I was bullish on both BDCs, I preferred allocating slightly more in FSK due to the following reasons: FSK traded at a discount to NAV, while…
Lattice Semiconductor Corporation (NASDAQ:LSCC) Q1 2024 Earnings Conference Call April 29, 2024 5:00 PM ET Company Participants Rick Muscha – Vice President of Investor RelationsJim Anderson – President, Chief Executive Officer, DirectorSherri Luther – Chief Financial Officer Conference Call Participants Melissa Weathers – Deutsche BankQuinn Bolton – NeedhamMatt Ramsey – TD CowenDavid Williams – BenchmarkChristopher…
Quisitive Technology Solutions Inc. (OTCQX:QUISF) Q4 2023 Results Earnings Conference Call April 29, 2024 4:30 PM ET Company Participants Mike Reinhart – Founder and Chief Executive OfficerScott Meriwether – Chief Financial Officer Conference Call Participants Christian Sgro – VIII CapitalRob Goff – Echelon PartnersJérome Dubreuil – Desjardins SecuritiesStephen Boland – Raymond JamesDivya Goyal – ScotiabankGraham…
MicroStockHub It was a solid Q1 2024 for Customers Bancorp (NYSE:CUBI), but the market reacted negatively and punished the stock with -5.47%. Yet, estimates were beaten upward: Q1 Non-GAAP EPS of $1.68 beats by $0.05. Revenue of $181.6M (+8.1% Y/Y) beats by $16.79M. Loan growth was stagnant, and this probably affected investors’ negative reaction. However,…
Nanalysis Scientific Corp. (OTCQX:NSCIF) Q4 2023 Earnings Conference Call April 29, 2024 5:00 PM ET Company Participants Matthew Selinger – Investor RelationsSean Krakiwsky – Founder and CEORandall McRae – Chief Financial Officer Conference Call Participants Stefan Quenneville – Echelon Capital MarketsChristopher Birch – Canaccord Operator Good afternoon, ladies and gentlemen. And welcome to the Nanalysis…
Laurence Dutton A spin-off from Verint Systems, Cognyte (NASDAQ:CGNT) is a company providing investigative analytics software for governments and global enterprises. All-time share performance since going public in 2021 at a price of $30 has been underwhelming so far. Since the end of 2021, share price has continued to decline, reaching an all-time low of…
MicroStrategy Incorporated (NASDAQ:MSTR) Q1 2024 Earnings Conference Call April 29, 2024 5:00 PM ET Company Participants Shirish Jajodia – Vice President of Investor Relations and TreasuryPhong Le – President and Chief Executive OfficerAndrew Kang – Senior Executive Vice President and Chief Financial OfficerMichael Saylor – Executive Chairman Conference Call Participants Operator Hello everyone and good…
Vicarious Surgical Inc. (NYSE:RBOT) Q1 2024 Earnings Conference Call April 29, 2024 4:30 PM ET Company Participants Kaitlyn Brosco – Head, Investor RelationsAdam Sachs – Co-Founder and CEOBill Kelly – Chief Financial OfficerRandy Clark – President Conference Call Participants Ryan Zimmerman – BTIGAdam Maeder – Piper SandlerJosh Jennings – TD Cowen Operator Hello. And welcome…
Sanmina Corporation (NASDAQ:SANM) Q2 2024 Results Conference Call April 29, 2024 5:00 PM ET Company Participants Paige Melching – SVP of Investor CommunicationsJure Sola – Chairman & CEOJon Faust – EVP & CFO Conference Call Participants Ruplu Bhattacharya – Bank of AmericaSteven Fox – Fox Advisors LLCAnja Soderstrom – SidotiChristian Schwab – Craig-Hallum Capital Group…
Cushman & Wakefield plc (NYSE:CWK) Q1 2024 Earnings Conference Call April 29, 2024 5:00 PM ET Company Participants Megan McGrath – Head of Investor RelationsMichelle MacKay – Chief Executive OfficerNeil Johnston – Chief Financial Officer Conference Call Participants Anthony Paolone – J.P. MorganMichael Griffin – CitiAlex Kramm – UBSRonald Kamdem – Morgan StanleyPatrick McIlwee –…
Justin Paget/DigitalVision via Getty Images In our January earnings review from Two Harbors Investment Corp. (NYSE:TWO) we rated it a Hold, despite the earnings leaving something to be desired. In Q4, interest rates stabilizing were seen as a benefit for the company, vs. rates that were falling and moving rapidly. The yield curve had been…
Isaac Lee/iStock Editorial via Getty Images Investment Thesis U-Haul’s (NYSE:UHAL) substantial rise due to the pandemic has stalled and reversed, but the company has continued the extraordinary spending in CapEx, resulting in a historical low of its free cash flow. With a weaker demand picture emerging and less room for other strategic spending, the company…
bluecinema/E+ via Getty Images Elevator Pitch I have a Buy rating for Sonic Automotive (NYSE:SAH) stock. I previously wrote about the company’s near-term prospects and capital allocation in my Nov. 14, 2023 update. This article evaluates the growth runway for SAH’s pre-owned vehicle business (EchoPark) and the expectations for its future share buybacks. My decision…
Dragon Claws/iStock via Getty Images TLT, inflation and fiscal sustainability The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) provides investors with exposure to Treasury bonds with extended duration. As pointed out by the TLT ETF’s description (the emphases were added by me), it “seeks to track the investment results of an index composed of U.S….
Vernon Wiley/DigitalVision via Getty Images As explained in Prof. Robert Jarrow’s book, cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk premium in this graph, which shows the zero-coupon yield curve implied by current Treasury prices compared with…
HNI Corporation (NYSE:HNI) Q1 2024 Earnings Call Transcript April 29, 2024 11:00 AM ET Thompson Research Group Matt McCall – VP, IR and Corporate DevelopmentJeff Lorenger – Chairman, President and CEOMarshall Bridges – SVP and CFO Conference Call Participants Reuben Garner – The Benchmark CompanyGreg Burns – Sidoti & CompanyBudd Bugatch – Water Tower ResearchKathryn…