Slower Corporate Debt Issuance Ruins S&P Global’s (SPGI) Quarter
5 of 6 segments at S&P Global (SPGI) delivered revenue growth last qtr, but Ratings revenue was -26% and that hurt results a lot.
5 of 6 segments at S&P Global (SPGI) delivered revenue growth last qtr, but Ratings revenue was -26% and that hurt results a lot.
Disney (DIS) bought 21st Century Fox in 2019 for $71b. From Fiscal 2018 to 2021, DIS debt $21b to $52b, Free Cash Flow $10b to $2b.
Target (TGT) mismanaged its inventory purchases, and is now lowering prices to clear the shelves. 2023 should be a better year.
Ball Corp (BALL) is seeing demand diminish in America, and is shutting down 2 plants to lower expenses, as profit estimates decline.
Starbucks (SBUX) delivered poor results last qtr, as China sales fell 40%. But we see 15% upside in the stock over the next year.
Merck (MRK) is a nice safe stock to own during a rough bear Market. But investors need to understand the growth might be slow.
Booking (BKNG) is bouncing back from slow travel COVID times. But looking ahead, bookings growth seems to be simmering down.
MasterCard (MA) saw robust consumer spending last qtr, especially with cross-border spending as volumes rose 58% year-over-year.
McDonald’s (MCD) delivered solid results last qtr as International markets — including Germany, France and Japan — shined.
Maintenance product retailer WW Grainger (GWW) delivered an excellent qtr as profit margins were 37.6%, up from 35.0% a year ago.
FIserv (FISV) the company is a dependable mid-to-high teens grower profit-wise. Stock-wise, FISV has a very reasonable P/E of 17.
Alphabet’s (GOOGL) profit growth is coming in weak due to tough comparisons from a year-ago. Still, Search and Cloud are strong.