David Boulder
ROBLOX BEATS ESTIMATES AND SHARES RISE 12%
Company Roblox Corporation $RBLX+1.7% reported financial results for its fiscal fourth quarter, posting better than financial analysts' expectations. The loss per share came in at 52 cents, which was lower than the expected 55 cents. The company also achieved a significant jump in revenue, at $1.13 billion, beating the $1.08 billion...
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CIGNA AND THE RESTATEMENT OF PROFIT ESTIMATES
1. FiscalFourth Quarter Results: Cigna $CI-0.1% presented surprisingly strong results, with sales of $51.1 billion and earnings per share of $6.79, beating estimates.
2. Lower medical loss ratio (MLR): Cigna $CI-0.1%'s MLR (an important calculation that measures the percentage of premiums paid to cover medical expenses) came in at...
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PEPSI AND A POSSIBLE DIVIDEND INCREASE.
1. Potential Dividend Increase:
- PepsiCo hints at a possible significant dividend increase for 2024, which could make for a nice year for investors.
2. Revenue Growth and Financial Health:
- Solid revenue growth and a well-maintained financial trajectory strengthen PepsiCo's position.
3. Cost Reduction and Margin Improvement Strategy:
...
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Nice results. And the movement. But unfortunately the stock is still in a sideways trend where you don't know if it will break out or fall again :) I don't have this stock in my portfolio. I see they managed to reduce their debt nicely to $1.65 billion. Unfortunately, they are still pretty loss making though...