Annaly (NYSE: NLY ) reported solid earnings for the first fiscal quarter last month due to a continual improvement in the spread picture as well as robust distributable earnings. The mortgage REIT also increased its dividend, for the first timeAnalyst’s Disclosure: I/we have a beneficial long position in the shares of NLY, AGNC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ...

Ituran Location and Control Ltd. (NASDAQ: ITRN ) is a leading provider of telematic services and products. The company operates through two segments: Telematics Services and Telematics Products. Their primary service offerings include stolen vehicle recovery [SVR], fleet management, usage base insurance [UBI] and other value-added services like personal locationStock Research Platform (SRP) is run by an experienced full-time CFO and equity investor with a passion for researching stocks to find asymmetric in ...

Summary⚈ Lucid reported a wider net loss of $731M despite 36% year-over-year revenue growth and 3,109 vehicle deliveries.⚈ Stifel, Cantor Fitzgerald, and Needham all reiterated Hold/Neutral ratings, citing optimism around the Gravity SUV.⚈ LCID remains down over 12% year-to-date as investors weigh production goals against persistent financial challenges.Several investment banks have issued a cautiously optimistic outlook on Lucid (NASDAQ: LCID) stock at a critical moment, following the electric vehicle (EV) ...

Core Viewpoint - The Macerich Company reported a solid performance in Q1 2025, with funds from operations (FFO) per share exceeding expectations, driven by strong leasing activity despite a decline in occupancy and rising expenses [1][2]. Financial Performance - FFO per share was 33 cents, surpassing the Zacks Consensus Estimate of 31 cents, and remained unchanged year over year [1]. - Quarterly revenues reached $249.2 million, an increase from $208.8 million in the same quarter last year, and exceeded the Zacks Consensus Estimate of $218.9 million [2]. - Same-center net operating income (NOI) rose 0.9% year over year to $191.3 million, slightly above the expected 0.8% increase [4]. Leasing Activity - The company signed leases for 2.6 million square feet in Q1, reflecting a 156% increase year over year, primarily due to strong renewal leasing volume of 2.3 million square feet [3]. - Base rent re-leasing spreads were 10.9% higher than expiring base rent, marking the 14th consecutive quarter of positive spreads [4]. Occupancy and Expenses - Portfolio occupancy decreased to 92.6% as of March 31, 2025, down from 93.4% a year earlier, attributed to temporary and holiday specialty tenants [5]. - Year-over-year increases in expenses included a 14.8% rise in shopping center and operating expenses to $85.2 million, an 8.3% increase in management companies' operating expenses to $20.8 million, and a 6.6% rise in leasing expenses to $11.2 million [5]. Portfolio Activity - The company completed the sale of Wilton Mall for $25 million and SouthPark for $11 million in April 2025 [6]. Balance Sheet - As of May 12, 2025, Macerich had approximately $995 million in liquidity, including $650 million available on its revolving line of credit [7]. Market Position - Macerich currently holds a Zacks Rank 3 (Hold) [8].

Core Viewpoint - Arcos Dorados Holdings Inc. (ARCO) is expected to report first-quarter 2025 results on May 14, 2025, with earnings anticipated to be below the previous year's performance due to various macroeconomic challenges and increased operational costs [1][3][5]. Group 1: Earnings Estimates - The Zacks Consensus Estimate for ARCO's earnings is set at 13 cents per share, reflecting a 7.1% decline year over year [2]. - Revenue estimates for the quarter are pegged at $1.07 billion, indicating a 1.3% decrease compared to the previous year [2]. Group 2: Factors Impacting Performance - The expected softness in comparable sales growth is attributed to macroeconomic headwinds and shifts in consumer sentiment, particularly affecting consumer-facing businesses in Latin America [3]. - A tougher year-over-year benchmark due to a leap year and weaker currency levels in core markets are anticipated to negatively impact performance [4]. - High operational costs, driven by investments in digital and IT infrastructure, are likely to have further pressured the bottom line [5]. Group 3: Earnings Prediction Model - The current model does not predict an earnings beat for ARCO, as it has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [6][7].

Space stock Intuitive Machines (LUNR 28.11%) posted positive free cash flow for the first quarter and forecast continued gains in the quarters to come.Investors are buying in, sending Intuitive shares up 30% as of 10:15 a.m. ET. Expanding into new marketsIntuitive Machines is focused on delivering payloads, data transmission, and space infrastructure, with an emphasis on the moon.The company generated $62.5 million in revenue in the quarter, down 14% year over year and slightly below what Wall Street had ex ...

Core Viewpoint - Autoscope Technologies Corporation (AATC) experienced a decline in share price and revenue in Q1 2025, contrasting with the overall market performance, indicating potential investor concerns and market dynamics [1][2]. Revenue & Earnings Summary - Total revenues for Q1 2025 were $2.2 million, a 30.1% decrease from $3.1 million in Q1 2024, primarily due to a 31.9% drop in royalty revenues to $2.1 million [2]. - Product sales increased significantly by 319% year over year, reaching $67,000 from $16,000, attributed to the launch of Autoscope Analytics and higher sales of the Wrong Way product [2]. Profitability Metrics - The gross margin for the quarter was 98%, up from 96% in the previous year, despite a sharp decline in net income, which fell 58% to $0.4 million or 7 cents per diluted share [3]. - Royalty revenues maintained a gross margin of 100%, while product sales gross margin improved to 40.3% from a negative 93.8% a year ago [4]. Operating Expenses - Operating expenses decreased by 9% year over year to $1.7 million, driven by lower salary and benefits costs due to reduced headcount, although this was partially offset by increased consulting expenses [5][8]. Management Insights - The interim CEO acknowledged the revenue shortfall and economic challenges, expressing optimism about operational efficiency and the positive reception of Autoscope Analytics among municipalities [6]. - Management indicated that the decline in royalty revenues was influenced by delayed budget approvals and economic uncertainties, which affected customer purchasing behavior [7]. Future Outlook - Management expressed confidence that the economic uncertainties would have a minimal impact on the remainder of the year, anticipating revenue stabilization in upcoming quarters [9]. - The company continued to prioritize shareholder returns, paying a quarterly dividend of 15 cents per share and a special dividend of $1.05, which reduced cash and equivalents to $0.6 million as of March 31, 2025 [10]. Overall Assessment - Despite challenges in revenue and earnings, Autoscope's focus on cost control and technology adoption suggests a proactive approach in a cautious economic environment [11].

Group 1 - Microsoft plans to cut less than 3% of its global workforce, approximately 6,000 employees, with notifications starting May 13 [1] - Affected employees will remain on the payroll for 60 days and will still be eligible for rewards and bonuses [1] - The cuts aim to reduce the number of middle managers and increase the ratio of coders to non-coders on projects [2] Group 2 - The tech industry is experiencing a trend of reducing middle management, with Amazon and Google also making similar cuts [3] - Microsoft is focusing on decreasing the "PM ratio," which refers to the ratio of product managers or program managers to engineers [3]

Subscribers to Chart of the Week received this commentary on Sunday, May 11.Stay on our website for longer than five minutes and you’re bound to find references to Schaeffer’s Volatility Scorecard (SVS). The internal metric is a goldmine for options traders, helping identify opportunities using a scored rating of volatility expectations in the last year. But there’s more to SVS than meets the eye; the hypothetical straddle trades that are foundational to SVS can be taken in a lot of different directions. Us ...

Company Overview - Spectrum is a leading broadband connectivity company and cable operator, offering advanced communications services to over 57 million homes and businesses across 41 states [5] - The company provides a full range of services including Spectrum Internet®, TV, Mobile, and Voice, supported by a 100% U.S.-based workforce [5] Partnership with MSR - Spectrum has partnered with Meyer Shank Racing (MSR) for the Indianapolis 500, aligning with a brand that shares a passion for performance and precision [2] - The collaboration will showcase Spectrum at the Indianapolis Motor Speedway, which is expected to attract 350,000 race fans, marking it as the largest attended single-day sporting event in the country [2] Marketing Strategy - The Indianapolis 500 is viewed as the perfect platform for Spectrum to demonstrate its brand, emphasizing its status as the provider of the nation's fastest internet [3] - Spectrum aims to enhance its visibility and brand recognition by sponsoring race cars, showcasing its commitment to speed and reliability [3] MSR Team Background - Meyer Shank Racing is a championship-winning team in the NTT INDYCAR SERIES and IMSA WeatherTech SportsCar Championship, known for its innovation and performance [7] - The team has a notable history, including being the 2021 Indianapolis 500 winner and a three-time overall winner at the Rolex 24 at Daytona [7]