Summary HSY recently released Q3 2018 results and warned its profits will come under pressure given rising costs. Higher costs will likely persist into 2019 but there are plans to offset these higher costs with strategic price increases on roughly a fifth of HSY products. HSY shares are more suited for investors seeking to avoid [...]
In my March 3rd analysis written exclusively for Financial Freedom is a Journey subscribers I indicated I viewed Moody's (NYSE: MCO) as being overvalued. MCO's share price has taken a beating in recent months and less than impressive Q3 results released October 26th has knocked another ~13.44% from its share price. I like it when [...]
Summary Moody’s (MCO) and S&P Global Inc. (SPGI) command a ~80% market share of the ratings industry. I view these two companies much like I view the VISA and Mastercard oligopoly. MCO released less than stellar Q3 results on October 26th. Its share price has been taking a beating subsequent to the last week of [...]
In my March 4th analysis written exclusively for Financial Freedom is a Journey subscribers I indicated I viewed S&P Global (NYSE: SPGI) as being overvalued. Now that SPGI has pulled back in the past month and has released Q3 and YTD results and has updated its guidance for the remainder of the current fiscal year, [...]
Canadian National Railway Company (TSX: CNR) released its Q3 2018 results on October 23rd and reported its highest quarterly revenue in its 99 year history. Net income, however, was hit by higher costs (there are very valid reasons for these higher costs). CNR has made an impressive turnaround in the last couple of quarters and [...]
Summary CNR released its Q3 results on October 23rd and reported quarterly revenue of $3.688B - the highest in its 99 year history. Net income was lower than in Q2 due to higher fuel prices, higher labour costs (increase in headcount and higher training costs for new employees), higher costs as a result of increased [...]
3M (MMM) released its Q3 2018 results on October 23rd. Investors did not take well to the results nor the downward EPS guidance and promptly lopped ~$8.80 off the share price. Despite lower guidance, this is not the type of company long-term investors should give up on. There are certainly a number of headwinds 3M [...]
Summary While MMM reported Q3 results on October 23rd and revised FY2018 earnings downward, the revised FY2018 EPS projections are 11 % - 13% higher than FY2017 results. MMM will be holding its Investor Day on November 15th at which time management will lay out its 5-year plan and the framework for that plan. View [...]
United Technologies (UTX) released its Q3 2018 results on October 23rd and provided an upward revision to its adjusted EPS for the full year. Approvals from the EU Commission and from the U.S. Department of Justice re: Rockwell Collins acquisition have been received and feedback from China is anticipated within 2 - 6 weeks. UTX's [...]
Summary UTX released Q3 results on October 23 and provided an upward revision to its adjusted EPS for FY2018. The Rockwell Collins acquisition has received approval from the EU Commission and from the U.S. Department of Justice. The deal is currently under review in China and the acquisition is expected to close in 2 - [...]
