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Recent Articles
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Dividend Increases/Decreases for the Week of January 31
Jan 31, 2025
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Let's take a look at firms raising/lowering their dividends this week.
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Meta Platforms’ Earnings Surge in Fourth Quarter
Jan 30, 2025
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Image Source: Meta Platforms.
Meta Platforms’ earnings growth was phenomenal in the fourth quarter, and we like its ability to drive strong free cash flow, despite higher capital spending. Total dividend and dividend equivalent payments were $1.27 billion and $5.07 billion for the fourth quarter and full year 2024, respectively. Though Meta is not a big dividend payer, we like its dividend growth prospects and include shares in the Dividend Growth Newsletter portfolio.
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Microsoft Issues Fiscal Second Quarter Results
Jan 30, 2025
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Image Source: Microsoft.
Looking to the fiscal third quarter, Microsoft expects Azure revenue growth to be between 31%-32% in constant currency. Revenue growth for the fiscal third quarter is expected in the range of $67.7-$68.7 billion, below the consensus forecast of $69.8 billion. For all of fiscal 2025, management expects total revenue to grow double digits, operating expenses to grow in the single-digits, and operating income to grow in the double digits. Operating margins are expected to be up slightly year-over-year. Though Azure revenue growth and fiscal third quarter guidance may have come in a little light of what the Street was looking for, we still like Microsoft as a core idea in the newsletter portfolios.
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Lockheed Martin’s Earnings Impacted by Classified Program Losses
Jan 29, 2025
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Image Source: Lockheed Martin.
Looking to 2025, Lockheed Martin expects revenue in the range of $73.75-$74.75 billion, in line with the consensus forecast of $74.1 billion, business segment operating profit of $8.1-$8.2 billion, while diluted earnings per share is targeted in the range of $27-$27.30, below the consensus forecast of $27.94. Cash flow from operations is expected in the range of $8.5-$8.7 billion in 2025, while free cash flow is expected in the range of $6.6-$6.8 billion, after roughly $1.9 billion in capital spending. Shares yield 2.9% at the time of this writing.
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