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epsilon Private ID: 181451801
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    This week's US CPI forecast 3.1% is too high a hurdle
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    CPI...
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    Isn't the headline going to drop from 4% to 3.1% this time around? It's getting a lot of attention. The impact was that crude oil prices in June were as low as 60 dollars, so if the 70 dollar range becomes established again in July, inflation will occur again! It might be ⁉ ︎ What I'm paying more attention to than that is price movements. If it seems to rise along with trading volume, I would like to see that market conditions will continue to be strong, and I would like to go earn summer bonuses.
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    epsilon reacted to and commented on
    @PAN-USMr. & @じんべいSummary of Mr.'s explanation:
    PAN
    ・Well then, insurance is of course one of the big topics about Berkshire's earnings this morning. Evercore's David Moto is on board to talk about bi-ratings related to Travellers, Progressives, Chubb, etc. We were talking about Berkshire's insurance business in the first quarter, particularly GEICO, showing price movements, increasing margins, and reducing advertising costs. It may be an industry-wide trend, but it explains what is happening across the competitive landscape of the insurance market.
    ・There is a significant hard market in the personal car insurance market, and GEICO is taking quite active action in this field. The focus on profit is showing in the results, and the number of insurance policies has decreased by 13%. This is partly due to a 15% increase in insurance premiums and price increases across the industry. In the case of GEICO, the number of units has decreased considerably, thereby improving profitability. Also, you can see that advertising costs have been drastically reduced and the focus is on profit.
    ・Explain what we are aiming for...
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    Listen to God's voice! Buffett General Meeting Commentary
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    ⭐️ The immediate focus on the Fed is whether the 5.1% terminal rate that assessed financial unease at the March FOMC is left unchanged at 6/14 FOMC or raised, Pow ‼️ depending on the inflation situation, but depending on the resurgence due to the production cut offensive by the Poo-Peimad camp and if the labor market remains high, there is still room for “raising” Pow ‼️ the 4.7% incorporation is still horrible.
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    Keep an eye on the Fed here Pow ‼️
    [US Stock Forecast] Is today's index up? down?
    ※Judgment NDX※We are not responsible if it deviates
    Today's My Predictions: UP Me: 8 Wins 10 Losses Everyone: 9 Wins 9 Losses
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    In the company's 3Q (August-October) financial results for the fiscal year ending 2023/1, when sales were 152.81 billion dollars, up 8.7% from the same period last year, and when excluding 3.3 billion 25 million dollars recorded as litigation settlement related expenses, EPS after Noon-GAAP adjustment was 1.50 dollars (4.57 dollars for the same period last year). Both sales and adjusted EPS exceeded market expectations. Sales at existing Walmart stores in the US also increased by 8.2%, which greatly exceeded market expectations. Food sales were strong, and e-commerce increased 16% from the same period, contributing to the overall situation. The average number of purchases at existing stores increased by 2.1%, and the average unit price increased 6.0%, contributing to the increase in sales, existing store sales of membership-based Sam's clubs increased 10.0%, and Sam's Club membership fee revenue increased 8.9%. In terms of profit, foods with low margins were doing well, and operating profit margins declined to 1.8% due to promotion of discounts (same 4.1%). Meanwhile, inventory elimination progressed through expanded discounts, and adjusted operating income increased 4% (6 billion dollars) from the same period.
    In response to solid 3Q results, the company raised its full-year results for the fiscal year ending January 2023. Sales for the fiscal year ending January 2023 are based on exchange headwinds of 4.1 billion dollars...
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    Walmart (WMT) financial results review and outlook for the 3Q (August-October) fiscal year ending 2023/1
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    Meta Platforms (NASDAQ: META), a major social media and metaverse company, announced financial results for the fourth quarter after the market closed. Financial highlights are as follows.
    ● Meta Platforms reported fourth quarter sales of 32.17 billion dollars, down 4% from the same period last year.
    ● Meta Platforms' earnings per share for the fourth quarter were 1.76 dollars, which was lower than the street forecast of 2.22 dollars.
    ● Facebook Daily Active Users (DAU) - On average in December 2022, DAU was 2 billion people, up 4% from the previous year.
    ● Facebook monthly active users (MAU) - MAU was 2.96 billion as of 2022/12/31, up 2% from the previous year.
    ● Costs and expenses - Total costs and expenses were $25.77 billion for the fourth quarter of 2022 and $87.66 billion for the full year, up 22% and 23%, respectively.
    1. Are you satisfied with the current financial results?
    2. What opinions and analyses do you have about this company?
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    Based on IBES data, earnings for the S&P 500 in Q22 are expected to be 447.1 billion dollars (down 2.2% from the same period last year, down 3.6% from the previous quarter) and revenue of 3.69.7 billion dollars (up 4.1% from the same period, down 0.7% from the previous quarter). Facing a tough macro environment, there is a possibility that this year's earnings season will end disappointing, but that hurdle may be low. In other words, there is a possibility that it will be easier for S&P 500 star companies to surpass lowered expectations if the year continues.
    Leading companies such as Apple, Alphabet, and Amazon have just announced their latest financial results. In Apple's case, quarterly revenue fell 5% from the same period last year to 117.2 billion dollars, and quarterly diluted EPS was 1.88 dollars. Alphabet recorded a growth of just 1% in the fourth quarter of 2022. Amazon surpassed fourth-quarter earnings, but provided light guidance.
    It's very important to look at major companies' financial results, which may affect many investors' confidence and overall market performance. Furthermore, future financial results reports may provide valuable information and create trading opportunities...
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    Highlights of the fourth quarter earnings season: Amazon and Alphabet