In the latest earnings call, Casella Waste Systems (NASDAQ:CWST) announced significant growth in the fourth quarter of 2023, with revenues increasing by 32.1% year-over-year to $359.6 million. The company experienced a robust increase in adjusted EBITDA, which rose by 46.1% compared to the previous year, reaching $82.2 million. Casella attributed its successful financial performance to...
Balchem Corporation (NASDAQ:BCPC) reported a strong performance in sales and earnings, driven by its minerals and nutrients business as well as the food and beverage markets. Despite facing challenges in the Animal Nutrition & Health segment in Europe and North America, the company expressed optimism about growth potential in the latter half of 2024. The...
In the Fourth Quarter 2023 Earnings Call, Office Properties Income Trust (NASDAQ:OPI) announced a reduction in their quarterly cash dividend as part of a strategy to increase liquidity. The company reported a decrease in normalized Funds From Operations (FFO) to $45.9 million, citing higher expenses as the main cause. Looking ahead, OPI expects a decline...
Liberty Global (NASDAQ:LBTYA) has reported a robust operating performance for the full year of 2023, navigating through a landscape marked by macroeconomic and competitive pressures. The key highlights from the investor call include the company\'s accelerated EBITDA growth, particularly in its BMO 2 and Sunrise segments, which surpassed the distributable cash flow projections. The company...
Universal Logistics Holdings, Inc. (NASDAQ:ULH) has announced its earnings for the fourth quarter of 2023, delivering a solid performance with $0.81 per share on operating revenues of $390.2 million. Despite a competitive market and various operational headwinds, the company achieved the second-best fourth quarter on record for operating income. The contract logistics segment was a...
In the recent earnings call, Heineken (AS:HEIN) N.V. (HEIA.AS) discussed its full-year results for 2023, showcasing a mix of growth and challenges across its global markets. The company reported an organic net revenue increase of 5.5%, with a notable 10.8% rise in net revenue per hectoliter, despite a 4.7% dip in total beer volume. The...
Ahold Delhaize (AD.AS), the international food retail group, has announced its financial results for the fourth quarter and full year of 2023, showcasing resilience and strategic progress in a changing market landscape. The company reported a 1.9% increase in net sales for Q4, reaching €23 billion, and a 3.8% rise in full-year sales to €89...
Norwegian Air Shuttle ASA (NAS.OL) concluded the fourth quarter of 2023 with a robust financial performance, as detailed by CEO Geir Karlsen and CFO Hans-Jorgen Wibstad. The airline achieved a record EBIT of NOK2.2 billion for the year, underpinned by strong liquidity and operational improvements. With the acquisition of Wideroe, expansion of fleet and bases,...
Portland General Electric (NYSE: NYSE:POR) has released its fourth quarter and full year 2023 financial results on February 16, 2024. The company reported a full-year GAAP net income of $228 million, or $2.33 per diluted share, and an adjusted non-GAAP net income of $233 million, or $2.38 per share. Despite facing lower-than-expected results in the...
NatWest Group (NWG.L) announced a robust financial performance in its Annual Results 2023 Management Presentation, with a profit exceeding GBP 6 billion. The bank revealed an operating profit before tax of GBP 6.2 billion and a return on tangible equity (RoTE) of 17.8% for the year. NatWest also declared a final dividend of 11.5 pence...