Coverage Group – what reduced benchmark interest rate means for small-cap stocks. Last week traders got what they were hoping for – a cut in the Federal Reserve’s benchmark interest rate. Ahead of the announcement, the whispers were for a half… You need to be logged in to view the rest of the content. […]
Category: LEGH
Weekly Comments – August 19, 2024 – Coverage Group
Coverage Group – Inflation tip. The last consumer expenditures price index in July 2024 sets traders, politicians and everyday citizens into a frenzy. The 2.9% measure was higher than expected and higher than the previous four months that had been… You need to be logged in to view the rest of the content. Please […]
Weekly Comments – August 12, 2024 – DXPE, JOUT, KRT, LEGH, MTW, RPAY, SMLR, WLKP
DXPE – Updated outlook following quarter earnings report. Last week DXP Enterprises reported a buck in earnings per share on $445.6 million in total sales in the second quarter ending June 2024. Higher interest expense and selling, general and… JOUT – Revised view on earnings report, management comments. Ouch! Johnson Outdoors delivers disappointing sales and […]
Weekly Comments – August 5, 2024 – BXC, HAYN, HVT, JOUT, LEGH, LXFR, MTW, SMLR, WLKP
BXC – Updated outlook following quarter earnings report. Last week BlueLinx Holding announced delivery of $768 million in total revenue in the quarter ending June 2024, providing $14 million in net income or $1.65 per share. Comparisons with the year-ago… HAYN – Revised view following earnings report, management comments. Last week Haynes International reported modestly […]
Weekly Comments – Coverage Group – July 15, 2024
Coverage Group – Signals in wake of quarter reports. The big banks kicked off earnings season last week with financial releases for the quarter ending June 2024. Results were mixed, but generally the big banks eeked out gains in year-over-year… You need to be logged in to view the rest of the content. Please […]