|
|
Recent Articles
-
Realty Income’s Monthly Dividend Is Durable
Jun 21, 2025
-
Image Source: Realty Income.
Looking to 2025, Realty Income largely reiterated its prior guidance, with the exception of net income per share being lowered to the range of $1.40-$1.46 from $1.52-$1.58 previously. Adjusted funds from operations was reiterated in the range of $4.22-$4.28 per share for the year with same store rent growth of approximately 1%. Occupancy is targeted at over 98% while investment volume is expected to be approximately $4 billion. We like the durability of Realty Income’s monthly dividend, with shares yielding 5.7% at the time of this writing.
-
Johnson & Johnson Remains an Innovation Powerhouse
Jun 21, 2025
-
Image Source: Johnson & Johnson.
J&J generated free cash flow of ~$3.4 billion in the first quarter compared to $2.85 billion in the year-ago period. Looking to full year 2025 guidance, J&J reiterated its adjusted operational sales growth target in the range of 2%-3%, but it raised its operational sales growth expectations to the range of 3.3%-4.3% from 2.5%-3.5% previously and its estimated reported sales growth guidance to the range of 2.6%-3.6% from 0.5%-1.5% previously. It lowered its adjusted operational earnings per share guidance for the year, but it maintained its adjusted diluted earnings per share guidance in the range of $10.50-$10.70, reflecting 6.2% growth at the midpoint. Shares yield 3.5% at the time of this writing.
-
Lennar Sees Softness in Housing Market
Jun 19, 2025
-
Image Source: TradingView.
On June 16, Lennar Corp. reported mixed fiscal second quarter results with revenue beating the consensus forecast but non-GAAP earnings per share missing the consensus mark. Total revenues fell to $8.4 billion in the quarter from $8.8 billion in the year-ago period, while second quarter net earnings, excluding mark-to-market losses on technology investments were $499 million, or $1.90 per share, compared to $3.38 per share in the same period a year ago.
-
Adobe Raises Guidance Due to AI Strength
Jun 19, 2025
-
Image: Adobe’s stock has been choppy the past few years.
Adobe’s cash flow from operations was $2.19 billion in the fiscal second quarter, and the firm exited the period with $19.69 billion Remaining Performance Obligations (RPO), with current accounting for 67% of them. During the quarter, Adobe repurchased approximately 8.6 million shares. Looking to all of fiscal year 2025, total revenue is targeted in the range of $23.5-$23.6 billion, better than the consensus estimate of $23.45 billion, while non-GAAP earnings per share is expected in the range of $20.50-$20.70 versus consensus of $20.36. We like Adobe's fundamentals, but don't include shares in any newsletter portfolio.
|
