The following was extracted from Morningstar: Temporary Travel Retail Woes Should Not Derail Estee Lauder’s Long-Term Beauty Prospects Dan Su Feb 7, 2024 Business Strategy and Outlook As a leading provider of premium beauty products, Estee Lauder has reinforced its competitive standing with category-leading brands in skin … [Read more...]
Illinois Tool Works Inc. Morningstar report
The following was extracted from Morningstar: ITW Earnings: Solid Results and Strong Cash Flow Continue With Fourth-Quarter Results David Whiston Feb 1, 2024 ITW ended 2023 with fourth-quarter results providing no surprises. Adjusted EPS increased 3.4% year over year to $2.42, which excludes a $0.04 hit for Argentine currency … [Read more...]
Apple Inc Morningstar report
The following was extracted from Morningstar: Apple Earnings: Good Profits Offset Headwinds to iPhone and China Sales; Maintaining $160 Valuation William Kerwin Feb 2, 2024 We maintain our $160 fair value estimate for shares of wide-moat Apple as we lower our short-term revenue forecast but raise our expectations for profitability. … [Read more...]
Alphabet Inc Morningstar report
The following was extracted from Morningstar: Alphabet Earnings: Google Search, YouTube, and Cloud Impress, but Network Revenue Declines Further Ali Mogharabi Jan 31, 2024 The network effect continued to drive growth at Google search and YouTube during Alphabet's fourth quarter. In addition, as we expected, increasing demand for artificial … [Read more...]
Amazon.com, Inc. Morningstar report
The following was extracted from Morningstar: Amazon Earnings: Advertising Shines, E-Commerce Is Still Improving, and Margins Are Impressive Dan Romanoff Feb 2, 2024 Wide-moat Amazon reported strong fourth-quarter results and offered a mixed outlook relative to our expectations, including in-line revenue and better profitability. Improvements in … [Read more...]
Waste Management, Inc. Morningstar report
The following was extracted from Morningstar report: Waste Management Earnings: Firm Positioned Well for 2024 After Strong Fourth-Quarter Results Brian Bernard, Feb 14, 2024 Wide-moat Waste Management reported robust fourth-quarter earnings as year-over-year revenue growth accelerated on a sequential basis from 2.4% to 5.7%. … [Read more...]
McDonald’s Corp Morningstar report
The following was extracted from Morningstar: Biggest Restaurant Brands Set To Gain Market Share as Industry Navigates Tough Environment Sean Dunlop Apr 15, 2024 As we gear up for the release of first-quarter earnings, our top picks in the restaurant industry remain wide-moat McDonald's and wide-moat Starbucks, trading at … [Read more...]
Novo Nordisk A/S Morningstar report
The following was extracted from Morningstar: Novo Nordisk: Capital Markets Day Highlights Obesity Pipeline and Margin Expansion Karen Andersen Mar 8, 2024 At its capital markets day on March 7, Novo Nordisk outlined its pipeline strategy across multiple therapeutic areas, gave directional guidance on improving operating margins … [Read more...]
NXP Semiconductors NV Morningstar report
The following was extracted from Morningstar: NXP Earnings: Maintaining $240 Fair Value Estimate as Revenue Is Holding Up Relatively Well Brian Colello Feb 6, 2024 Narrow-moat NXP Semiconductors reported solid fourth-quarter results and provided investors with a relatively upbeat first-quarter forecast. The firm’s prudent inventory … [Read more...]
Johnson & Johnson Morningstar report
The following was extracted from Morningstar: Johnson & Johnson Earnings: Growth Outlook Slowing After Solid 2023, but Pipeline Holds Upside Damien Conover Jan 23, 2024 Johnson & Johnson reported fourth-quarter results largely in line with our projections, and we are holding firm to our $164 fair value estimate. The stock … [Read more...]