Weekly Comments – March 4, 2024 – AMWD, ATSG, EGLE, LXFR, NX, RPAY

AMWD  –  Updated outlook following price movement.  Following report of financial results shares of American Woodmark moved even deeper into overbought territory according to the Commodity Channel Index (CCI) as traders responded beats at both…

ATSG  –  Review view following report of quarter earnings results.  Last week Air Transport Group reported $517 million in total sales in the fourth quarter ending December 2023, down 3% compared to the same quarter in the previous year.  The…

EGLE  –  Revised outlook following financial report.  Last week Eagle Bulk Shipping reported $104.6 million in total sales in the fourth quarter ending December 2023, producing $6.7 million in net income or $0.71 per share.  Cash earnings totaled $28.2…

LXFR  –  Updated views on earnings, strategic announcement.  Last week Luxfer Holdings announced the results of a strategic review, including plans to divest of its Graphic Arts operation.  During the conference call to discuss financial results for the…

NX  –  Preview of financial report due this week.  This week Thursday after the market close, Quanex Building Products is expected to release financial results for the fiscal first quarter ending January 2024.  A conference call with analysts and shareholders is …

RPAY  –  Updated outlook following quarter report.  Under heavy volume shares of Repay Holdings spiked higher on the news of financial performance in the fourth quarter ending December 2023.  Revenue from payment volume totaled $76.0 million, resulting.

 

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