Can PIMCO's New Preferred Share Active ETF Counter Inflation Concerns?
Justin Kuepper
|
Let's examine why preferred stocks could be attractive in today's environment and why...
FL reported earnings of $146 million, or $1.01 per share, up from $121 million, or 81 cents per share, last year. Excluding special items, earnings were $1.00, above analysts’ view of 91 cents.
For 2014, net income was $520 million, or $3.56 per share, from $429 million, or $2.85 per share.
Revenue
Revenue increased 6.7% to $1.91 billion from $1.79 billion last year. Analysts expected to see revenue of $1.87 billion.
For the year, sales rose 9.9% to $7.151 billion.
Although profits are growing, FL has seen increased competition from companies like Nike (NKE), as well as department stores like Macy’s (M). Sales growth is expected to remain in the mid-single digit range, but the strengthening dollar will continue to be a headwind.
Symbol | Mutual Fund | Stake |
---|---|---|
OAKBX | Oakmark Equity & Income I | 3.41% |
VTSMX | Vanguard Total Stock Market | 2.57% |
VEXMX | Vanguard Extended Market Idx | 1.73% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Let's examine why preferred stocks could be attractive in today's environment and why...
News
Markets have continued their rally over the past two weeks, as falling inflation...
Justin Kuepper
|
In this article, we'll look at Element Funds' new Element EV, Solar &...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...
FL reported earnings of $146 million, or $1.01 per share, up from $121 million, or 81 cents per share, last year. Excluding special items, earnings were $1.00, above analysts’ view of 91 cents.
For 2014, net income was $520 million, or $3.56 per share, from $429 million, or $2.85 per share.
Revenue
Revenue increased 6.7% to $1.91 billion from $1.79 billion last year. Analysts expected to see revenue of $1.87 billion.
For the year, sales rose 9.9% to $7.151 billion.
Although profits are growing, FL has seen increased competition from companies like Nike (NKE), as well as department stores like Macy’s (M). Sales growth is expected to remain in the mid-single digit range, but the strengthening dollar will continue to be a headwind.
Symbol | Mutual Fund | Stake |
---|---|---|
OAKBX | Oakmark Equity & Income I | 3.41% |
VTSMX | Vanguard Total Stock Market | 2.57% |
VEXMX | Vanguard Extended Market Idx | 1.73% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Let's examine why preferred stocks could be attractive in today's environment and why...
News
Markets have continued their rally over the past two weeks, as falling inflation...
Justin Kuepper
|
In this article, we'll look at Element Funds' new Element EV, Solar &...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...