Category Archives: Companies
An Update on Bed Bath & Beyond
Shares of Bed Bath & Beyond have sold off sharply in recent weeks, but the stock is exceptionally cheap vs. its peers. If new leadership can accelerate the company’s transformation plan successfully, the shares have significant upside potential. The article explores both risks and opportunities for Bed Bath & Beyond as it enters the next phase of its transformation plan. Continue reading
Bed Bath & Beyond’s Next Generation Lab Store
A tour (with pictures) of the Bed Bath & Beyond East Hanover store. Continue reading
Notes and Analysis from Merck’s Investor Day
On June 20, Merck held an investor day, its first in five years, to highlight its goals and objectives and provide a broad perspective on its five-year performance outlook. Although its blockbuster cancer treatment, KEYTRUDA (pembrolizumab), has been a spectacular … Continue reading
Bluegreen’s Share Price Plunges on Bass Pro Contract Cancellation
Shares of Bluegreen Vacations Corporation (BXG) received a double whammy in May from the parent company BBX Capital’s (BBX) decision to back out of its offer to buyback BXG’s public float – equal to 10% of outstanding shares – and … Continue reading
Impairments Spark a Sell-Off, But Position BZH for an Earnings Rebound
Beazer Homes (BZH) reported a fiscal 2019 second quarter loss of $3.28 per share, compared with earnings of $0.36 per share in the comparable prior year quarter. The loss included a large impairment charge and a much smaller gain on … Continue reading
The Outlook Begins to Improve (Gradually) for BHGE
The net income and EPS figures for the 2019 first quarter for Baker Hughes, a GE company, are confusing as presented. The company reported net income (before income or loss allocated to the non-controlling interest, which is GE) of $71 … Continue reading
Peabody Energy: Maintaining Guidance Despite Disappointing in Q1
Peabody reported a sharp decline in its 2019 first quarter revenues and profitability (even though its earnings per share rose). The declines were due to lower volumes, lower prices and higher costs in its seaborne metallurgical (SMC) and Powder River … Continue reading
United Parcel Service (UPS) 18Q1 Results
UPS reported 19Q1 EPS of $1.28, down from $1.55 a year ago. Non-GAAP EPS, which excludes the after tax impact of transformation strategy costs – i.e. costs that “will create efficiencies across the enterprise and produce higher-quality revenue growth” – … Continue reading
AT&T (T) 18Q1 Results
AT&T reported diluted EPS of $0.56 per share, down from $0.75 a year ago. Non-GAAP adjusted EPS of $0.86 per share was up slightly from $0.85 last year and in line with consensus estimates. The difference between GAAP and non-GAAP … Continue reading
Arch Coal (ARCH) 18Q1 Results
Arch reported 18Q1 diluted EPS of $3.91, up from $2.75 in 17Q1 and well ahead of the consensus estimate of $2.71. The gain in earnings came despite a 3.5% decline in revenues to $555.2 million, primarily because of lower expenses … Continue reading