May 12, 2024
Finance

US$33.80 (vs US$53.17 in 1Q 2023)

Fairfax Financial Holdings (TSE:FFH) First Quarter 2024 Results Key Financial Results Revenue: US$9.30b (up 16% from 1Q 2023). Net income: US$776.5m (down 37% from 1Q 2023). Profit margin: 8.4% (down from 15% in 1Q 2023). The decrease in margin was driven by higher expenses. EPS: US$33.80 (down from US$53.17 in 1Q 2023). earnings-and-revenue-growth All figures

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Finance

Inflation will normalize throughout 2024

Inflationary pressures are fizzing out, says Coca Cola (KO) CEO James Quincey. “Our pricing levels and the input inflation cost levels are normalizing as we see through the year,” he told Yahoo Finance on Tuesday, after the company posted Q1 earnings. Coca Cola reported $11.3 billion in revenue, beating Wall Street estimates of $10.96 billion,

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Finance

Principal Financial Group First Quarter 2024 Earnings: Beats Expectations

Principal Financial Group (NASDAQ:PFG) First Quarter 2024 Results Key Financial Results Revenue: US$4.05b (up 44% from 1Q 2023). Net income: US$532.5m (up from US$140.1m loss in 1Q 2023). Profit margin: 13% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. EPS: US$2.25 (up from US$0.58 loss in 1Q

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Finance

NatWest Group First Quarter 2024 Earnings: Beats Expectations

NatWest Group (LON:NWG) First Quarter 2024 Results Key Financial Results Revenue: UK£3.38b (down 11% from 1Q 2023). Net income: UK£922.0m (down 26% from 1Q 2023). Profit margin: 27% (down from 33% in 1Q 2023). The decrease in margin was driven by lower revenue. EPS: UK£0.10 (down from UK£0.13 in 1Q 2023). earnings-and-revenue-growth All figures shown

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Finance

Royal Caribbean Group (RCL): Navigating Through Financial Seas

Robust recovery in passenger ticket revenues showcasing a strong market comeback. Significant increase in net income indicating improved operational efficiency. Strategic capital management reflected in successful debt restructuring. Challenges in operating expenses and potential legal proceedings remain a concern. On April 25, 2024, Royal Caribbean Group (NYSE:RCL), the world’s second-largest cruise company, filed its 10-Q

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Finance

Netflix First Quarter 2024 Earnings: EPS Beats Expectations

Netflix (NASDAQ:NFLX) First Quarter 2024 Results Key Financial Results Revenue: US$9.37b (up 15% from 1Q 2023). Net income: US$2.33b (up 79% from 1Q 2023). Profit margin: 25% (up from 16% in 1Q 2023). The increase in margin was driven by higher revenue. EPS: US$5.40 (up from US$2.93 in 1Q 2023). earnings-and-revenue-growth All figures shown in

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Property

Alpine Income Property Trust First Quarter 2024 Earnings: Beats Expectations

Alpine Income Property Trust (NYSE:PINE) First Quarter 2024 Results Key Financial Results Revenue: US$12.5m (up 12% from 1Q 2023). Funds from operations (FFO): US$6.13m (up 8.9% from 1Q 2023). FFO margin: 49% (down from 50% in 1Q 2023). FFO per share: US$0.4. earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12

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Finance

Decoding Intuitive Surgical Inc (ISRG): A Strategic SWOT Insight

Intuitive Surgical Inc (NASDAQ:ISRG) showcases robust revenue growth with a 11.5% increase in total revenue year-over-year. Net income attributable to Intuitive Surgical Inc surges by 53.3% from the previous year, indicating strong profitability. Research and development expenses rise by 16.2%, reflecting the company’s commitment to innovation. Intuitive Surgical Inc maintains a dominant market position with

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Investors

Investors Are Chasing the Biggest Names in Artificial Intelligence. But These 2 Lesser-Known Companies Are AI Stocks to Buy Now.

When my 94-year-old grandfather asks me about artificial intelligence (AI), as he did just last week, I believe it’s safe to say that AI is the most hyped trend in business and investing today. But this much attention can raise expectations sky-high. And sky-high expectations tend to lead to overvalued stocks. Unfortunately for investors, many

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Investors

The past five years for WCT Holdings Berhad (KLSE:WCT) investors has not been profitable

The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have both over-performing and under-performing stocks. At this point some shareholders may be questioning their investment in WCT Holdings Berhad (KLSE:WCT), since the last five years saw the share price fall 43%. So let’s have a

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