Live from the NYSE, watch our Founder-CIO, James Demmert and Oliver Renick discus some notable earnings released. James talks about how FIVE's 4Q adjusted EPS came in at $3.07 versus an estimated $3.06 and revenue came in at $1.12B versus an estimated $1.11B. He then goes over how Dollar General (DG) misses on revenues despite higher same-store sales. James notes that GD's revenue came in at $10.20B versus an estimated $10.24B. He then goes over how Adobe (ADBE) beats on earnings and raises guidance.
Tune in to find out more about the stock market today: Five Below (FIVE) & Adobe (ADBE) Beat Earnings, Dollar General (DG) Falls Flat.
Disclosure: Main Street Research LLC (“MSR”) is an SEC registered investment adviser; however, this does not imply any level of skill or training, and no inference of such should be made. The opinions expressed herein are as of the date of publication and are provided for informational purposes only. Content will not be updated after publication and should not be considered current after the publication date. We provide historical content for transparency purposes only. All opinions are subject to change without notice and, due to changes in the market or economic conditions, may not necessarily come to pass. Mention of a security should not be considered a recommendation or solicitation to purchase or sell the security, and any securities mentioned may be held by MSR for client portfolios. The information posted represents an opinion as of the date published and should not be considered an investment recommendation. MSR does not become a fiduciary to any reader or other person or entity by the person’s use of or access to the material. The reader assumes the responsibility of evaluating the merits and risks associated with the use of any information or other content and for any decisions based on such content. Investment disclosure —neither the information nor any opinion expressed herein constitutes a solicitation by main street of the purchase or sale of any securities or other financial instruments nor a recommendation to hold, sell, buy, or own a particular security or sector in your portfolio and do not represent all securities purchased, sold or recommended for client accounts. The listener should not assume that an investment in these securities has been or will be profitable. Individual recommendations are tailored to individual portfolios. Main street client portfolios are managed separately and vary in regard to risk and return dependent upon individual client circumstances. A full list of all securities in the MSR client portfolio is available upon request.