Summary On October 27th Chevron reported Q3 earnings of $2B versus $1.3B in Q3 2016. Results included a $0.675B gain on an asset sale and a $0.22B asset write-off. Q3 sales and other operating revenues were $34B compared [...]
Summary On October 27th Exxon Mobil reported estimated Q3 results of $4B ($0.93/diluted share) versus $2.7B a year earlier. YTD cash flow from normal business operations plus $1.7B of asset sales has enabled XOM to support its distributions and [...]
Summary On October 25th Visa reported strong Q4 and 2017 earnings. Growth was experienced in payments volume, cross-border volume, and processed transactions. V reported a broad list of accomplishments and initiatives in process including the integration of the European [...]
Summary Q3 2017 results reported on October 24, 2017 with quarterly net profit down 1% to $0.958B but increased demand evidenced. Investment in rail infrastructure is being increased by $0.1B to $2.7B and [...]
Summary GE released Q3 result on October 20th which fell far short of expectations. The new Chairman and CEO and his senior leadership team are undertaking a rigorous analysis of all areas of the business in order to [...]
This post appeared as a guest post at Sure Dividend on October 7th, 2017. Recently I discussed my wife’s and my journey to financial freedom. I explained that we had diligently saved and invested in an effort to step away from the “rat race” [...]
Summary GPC released Q3 results below expectations on October 19 which has resulted in a ~8.5% drop in stock price. Two additional bolt-on acquisitions were announced October 19 with closings to occur November 1. No definitive closing [...]
Summary Canadian Pacific released its Q3 results on October 17. Despite the ~5% stock price increase subsequent to the earnings announcement, CP remains an attractive long-term investment. Adjusted diluted EPS grew 6% to $2.90. CP has revised adjusted diluted EPS upwards [...]
Summary This Constellation Brands Stock Analysis is based on Q2 2018 results released October 5, 2017. Constellation Brands has certainly rewarded long-time shareholders. As an investor who currently has no position in the company I view the [...]
Summary JP Morgan’s analyst downgraded 3M to “Sell’ In September 2017. Some investors voiced their displeasure on blogs and message boards. In a January 2017 post I indicated I thought MMM was expensive. The price has just ratcheted up subsequent to that [...]