Category Archives: Financials

A Reset for Senior Housing Properties Trust

In response to the financial difficulties of its primary tenant, Five Star Senior Living (FVE), Senior Housing Properties Trust (SNH) has been forced to negotiate a change in the structure of their business relationship.  Specifically, SNH has agreed to cancel … Continue reading

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American Express 18Q1 Results: The Momentum Continues

Earnings of $1.80 per share included a $0.21 charge related to merchant fees litigation.  Excluding that charge, AXP’s 2019 first quarter EPS would have been $2.01, up from $1.86 a year ago and in line with market expectations.  Management reported … Continue reading

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BXG 2017 Fourth Quarter Update

On March 6, Bluegreen Vacations (BXG) reported 2017 fourth quarter net earnings attributable to shareholders of $66.5 million or $0.93 per diluted share, compared with $25.6 million or $0.36 per share in the prior year quarter.

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Up Big Since the IPO, Bluegreen Shares Still Have Upside Potential

Bluegreen Vacations (BXG) completed its IPO in November 2017. The company had been wholly-owned by BBX Capital (BBX). In the IPO, Bluegreen offered a total of 7.47 million shares (including, with the overallotment option, 3.74 million shares owned by BBX … Continue reading

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American Express (AXP) 2017 Third Quarter Results

Ken Chennault announces retirement in February 2018 and Steve Squeri will become Chairman & CEO Third Quarter EPS of $1.50 vs. $1.20 last year and consensus of $1.48 Management raised full year 2017 guidance from $5.40-$5.80 to $5.80-$5.90 Earnings growth … Continue reading

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Notes and Analysis from AXP’s Analyst Day

Shareholders of the American Express Company have had a pretty rough ride over the past few years. Since 2013, when AXP’s stock earned nearly twice the S&P 500, the stock has underperformed the broader market significantly

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