1. Leggett & Platt's recent quarterly earnings show a decline in sales and profitability, with no immediate improvement prospects. 2. The company has cut its dividends, impacting its valuation and investor confidence. 3. Despite potential undervaluation, poor fundamentals and lack of growth catalysts maintain a 'sell' rating on the stock.
Recent #earnings report news in the semiconductor industry
1. United Parcel Service reported disappointing second quarter results with lower revenue and earnings per share. 2. The company offers a high dividend yield of 5%, the highest in its history. 3. Despite recent challenges, UPS is expected to grow steadily in core markets and healthcare logistics, making it a 'Buy' at current levels.
1. Achieved revenue of NT$2,649 million (US$82.8 million); 2. Maintained a gross margin of 47.1%; 3. Net income attributed to stockholders of the parent was NT$261 million (US$8.2 million); 4. Earnings per share reached NT$1.00.
1. The Federal Reserve is expected to maintain the federal funds rate, with indications of potential easing in September. 2. Major tech companies including Microsoft, Meta, Apple, and Amazon will release earnings reports. 3. Attention will focus on the U.S. nonfarm payrolls report for July.
1. Tesla's stock has surged from $160 to $250 in three months due to Q2 delivery outperformance and Elon Musk's compensation package victory. 2. The stock's rally has been driven by multiple expansion rather than earnings improvement. 3. Given the current overvaluation and uncertain business outlook, the author downgrades Tesla stock to a 'Hold' rating.
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