Financial Performance - Compass raised its full-year revenue guidance to $5.61 billion to $5.64 billion, up from the previous outlook of $5.47 billion to $5.57 billion [1] - Full-year adjusted EBITDA is now expected to be $124 million to $127 million, compared to the earlier estimate of $109 million to $119 million [1] - Fourth-quarter revenue guidance increased to $1.36 billion to $1.39 billion, up from $1.225 billion to $1.325 billion [5] - Fourth-quarter adjusted EBITDA guidance raised to $15 million to $18 million, from $0 to $10 million previously [5] Operational Highlights - Compass recruited more than 650 principal agents organically in Q4, a 50% increase compared to the same period last year [3][6] - The company's ability to outperform the market while maintaining operating expense discipline was highlighted by the CEO [3] - Compass shares surged nearly 20% following the improved guidance and operational updates [5] Market Performance - Compass shares were up 18% an hour after the opening bell on the day of the announcement [3] - The company's stock has nearly doubled in value over the past year [3]

iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long positio ...

NEW YORK, Jan. 8, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass"), the largest residential real estate brokerage in the United States by sales volume1 announces the participation of CEO & Founder Robert Reffkin and CFO Kalani Reelitz at the 27th Annual Needham Growth Conference. The event will take place on January 15, 2025, at the Lotte NY Palace Hotel.Reffkin and Reelitz will be participating in fireside chat at 8:00 a.m. ET followed by one-on-one and group meetings with investors for the rema ...

Modern commercial data helps organizations find new patients and HCPsPLEASANTON, Calif., Dec. 12, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced increasing momentum for Veeva Compass Patient, an emerging leader for anonymous patient longitudinal data. With unlimited data access, daily data, and the most complete data network supporting both retail and specialty brands, Compass Patient helps commercial teams at biopharmas of all sizes better support key use cases like patient journey, market ...

Christie's International Real Estate Has 100+ Affiliates in Almost 50 Countries and Territories Around the World and Maintains a Close Partnership with the Christie's Auction House @properties is the 8th Largest Residential Brokerage in the US by Sales Volume1Best-in-Class Title & Mortgage Offerings in Key Markets Will Also Be IncludedNEW YORK, Dec. 2, 2024 /PRNewswire/ -- Compass Inc. (NYSE: COMP) ("Compass"), Christie's International Real Estate, and @properties have announced that they will be joining fo ...

Flora Launches Limited Edition Compass Rise Crimson, Perfectly Timed for the Holiday SeasonDecember 02, 2024 9:17 AM EST | Source: Flora Growth Corp.Fort Lauderdale, Florida--(Newsfile Corp. - December 2, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is thrilled to announce the launch of the limited-edition Compass Rise Crimson. This exclusive offering, a new addition to the acclaimed Compass Rise Series, is available just in time for the holidays, promising ...

BOSTON, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Compass Therapeutics, Inc. (Nasdaq: CMPX), a clinical-stage, oncology-focused biopharmaceutical company developing proprietary antibody-based therapeutics to treat multiple human diseases, today announced that the Company will present at the Piper Sandler 36th Annual Healthcare Conference taking place in New York City, NY December 3-5, 2024. Presentation detailsDate: Wednesday, December 4, 2024Time: 9:50-10:10 AM ESTWebcast Link: https://event.webcasts.com/ Virtual/ ...

One of our Preferred stock picks being called in 2024 has delivered a 27%-plus return, and there's more where that came from.With Hidden Dividend Stocks Plus he scours the world's markets to find solid income opportunities with dividend yields ranging from 5% to 10% or more, backed by strong earnings. Features include: a portfolio with up to 40 holdings at a time including links to associated articles, a dividend calendar, weekly research articles, exclusive ideas, and trade alerts. Learn More .Robert Hauve ...

Financial Data and Key Metrics Changes - Operating profit increased by 16% to $3 billion with organic revenue growth of 11% and margin progression to 7.1% [3][4] - Earnings per share rose by 15%, and dividends grew by the same amount, reflecting a strong cash position [4][8] - Net new business growth was 4.2%, accelerating to 4.8% in the second half of the year [3][4] Business Line Data and Key Metrics Changes - All key metrics showed double-digit growth, with unit margins recovering to pre-pandemic levels across all regions [3][4] - The business in North America remains attractive, with significant growth opportunities across all sectors [12][16] - The B&I sector saw the highest rate of organic and net new business growth, driven by changing consumer trends [13][16] Market Data and Key Metrics Changes - The addressable foodservices market is valued at around $320 billion, with a large portion still self-operated or run by small players, indicating substantial growth potential [12] - North America and the next 10 markets account for approximately 90% of the growth opportunity [12] - Retention rates improved significantly in Europe, increasing from 92.5% pre-COVID to around 95.5% [14] Company Strategy and Development Direction - The company is focused on core markets, exiting noncore markets to improve portfolio quality and drive growth [6][10] - Continued investment in CapEx and M&A is prioritized to sustain higher net new business growth [8][10] - The company aims for mid- to high single-digit organic revenue growth with ongoing margin progression [11][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining higher growth due to favorable market trends and strong outsourcing demand [10][11] - The company anticipates high single-digit operating profit growth in 2025, driven by organic growth above 7.5% [9][11] - Management noted that inflationary pressures could allow for pricing increases, supporting the business model [24][32] Other Important Information - The company invested $2.6 billion in CapEx and M&A in 2024, returning $1.5 billion to shareholders through dividends and buybacks [8] - The net impact of announced acquisitions and disposals is expected to reduce profit by around $30 million in fiscal year 2025 [7][45] - The company is comfortable with its leverage range of 1 to 1.5x net debt to EBITDA, balancing investment and shareholder returns [8][68] Q&A Session Questions and Answers Question: On net new business growth and retention - Management noted a strong Q4 with net new business at 4.2% for the full year and 4.8% in the second half, with improving retention rates [20][21] Question: On volume growth and its drivers - Management indicated that volume growth was around 2% in Q4, with expectations for slight positive growth in 2025, driven by return-to-office trends and increased consumer participation [21][24] Question: On the share buyback strategy - Management explained that the buyback is part of a balanced capital allocation model, with more M&A expected in the first half of the year [25][26] Question: On the implications of the U.S. election - Management expressed confidence that the U.S. business would thrive under any administration, with potential benefits from onshoring initiatives [31][33] Question: On margin growth and key levers - Management expects consistent margin progression, particularly outside North America, with opportunities in purchasing and core processes [34][36] Question: On acquisitions in France and Norway - Management highlighted that the acquisitions would enhance the company's portfolio and provide opportunities for growth in new sectors [35][37] Question: On market share targets in Europe - Management stated there is no specific market share target, but the company aims to grow its 7% share consistently over time [66] Question: On leverage and cash returns to shareholders - Management reiterated comfort with the current leverage range, emphasizing strong cash flow generation to support investments and shareholder returns [68]

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...