The Bill and Melinda Gates (BMG) Foundation Trust had $42 billion invested across 24 stocks as of the fourth quarter, but 51% of that sum was concentrated in two positions: 34% in Microsoft (NASDAQ: MSFT) and 17% in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). What makes the BMG Foundation Trust noteworthy is its 41% return
Earnings Per Share: Reported at $0.39 for Q1 2024, falling short of estimates of $0.43. Net Investment Income: Reached $28.5 million, slightly above the estimated $28.45 million. Revenue: Total investment income stood at $68.33 million, missing the estimated revenue of $69.36 million. Dividend: Declared a quarterly dividend of $0.38 per share, payable on June 27,
Reported GAAP Net Income: $9.7 million for Q1 2024, translating to $0.32 per share, significantly exceeding the estimated earnings per share of $0.18. Revenue: Total income reported at $16.35 million, surpassing the estimated revenue of $14.60 million. Earnings Available for Distribution (EAD): $4.0 million, or $0.13 per share, closely aligning with the estimated quarterly earnings
Passive investing in index funds can generate returns that roughly match the overall market. But you can significantly boost your returns by picking above-average stocks. For example, the Sandfire Resources Limited (ASX:SFR) share price is up 43% in the last 1 year, clearly besting the market return of around 6.3% (not including dividends). If it
As an investor its worth striving to ensure your overall portfolio beats the market average. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that long term eGain Corporation (NASDAQ:EGAN) shareholders have had that experience, with the share price dropping 32% in three
Passive investing in index funds can generate returns that roughly match the overall market. But investors can boost returns by picking market-beating companies to own shares in. To wit, the Caleres, Inc. (NYSE:CAL) share price is 61% higher than it was a year ago, much better than the market return of around 24% (not including
Univest Financial Corporation (NASDAQ:UVSP) is about to trade ex-dividend in the next two days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company’s books in order to receive a dividend. The ex-dividend date is important as the process of settlement involves
For many, the main point of investing is to generate higher returns than the overall market. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn’t blame long term Hongkong Land Holdings Limited (SGX:H78) shareholders for doubting their decision to hold, with the stock down 54% over a half
Net Income: Reported $174.1 million for Q1 2024, surpassing the estimated $166.93 million. Earnings Per Share (EPS): Achieved $0.64 per diluted share, exceeding the estimated $0.60. Revenue: Total revenue reached $294.36 million, slightly below the forecast of $300.51 million. Return on Equity: Delivered a strong return on equity of 13.7% for the quarter. Book Value
Euronet Worldwide, Inc. LEAWOOD, Kan., April 30, 2024 (GLOBE NEWSWIRE) — Euronet Worldwide, Inc. (“Euronet” or the “Company”) (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, reports first quarter 2024 financial results. Euronet reports the following consolidated results for the first quarter 2024 compared with the same period of 2023: Revenues of $857.0 million, a