Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Laser1987/iStock Editorial via Getty Images Investment Thesis Despite the recent broad-based market pullback, AT&T Inc. (NYSE:T) has seen its stock trend higher over the past 12 months, with a positive price reaction following its mixed post-2Q earnings. Although its growth outlook remains muted, and it missed the 2Q revenue consensus, investors are more focused on the company's margins and FCF trajectory. AT&T has significantly improved its FCF profile in recent quarters due to a significant drop in vendor ...

Forward-looking statements speak only as of the date on which they are made. First Commonwealth undertakes no obligation to update any forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. 2Q 2024 Earnings Release Webcast Presentation | --- | --- | --- | |--------------------------------------------|-------|-------------------------------------------------------------------------------------------------------------------------------- ...

First Commonwealth Financial Corporation (NYSE:FCF) Q2 2024 Earnings Conference Call July 24, 2024 2:00 PM ET Company Participants Ryan Thomas - VP, Finance & IR Mike Price - President & CEO Jim Reske - CFO Jane Grebenc - Bank President & CRO Brian Karrip - Chief Credit Officer Mike McKeon - Chief Lending Officer Conference Call Participants Daniel Tamayo - Raymond James Karl Shepard - RBC Manual Navas - D.A. Davidson Kelly Motta - KBW Matthew Breese - Stephens Frank Schiraldi - Piper Sandler Operator Hello ...

First Commonwealth Financial (FCF) reported $120.2 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 1.8%. EPS of $0.36 for the same period compares to $0.42 a year ago. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how First ...

First Commonwealth Financial shares have added about 7.6% since the beginning of the year versus the S&P 500's gain of 16.7%. Citizens & Northern's revenues are expected to be $26.9 million, down 0.4% from the year-ago quarter. This bank is expected to post quarterly earnings of $0.37 per share in its upcoming report, which represents a year-over-year change of -5.1%. The consensus EPS estimate for the quarter has been revised 3.5% higher over the last 30 days to the current level. First Commonwealth Financ ...

First Commonwealth Announces Second Quarter 2024 Earnings; Declares Quarterly Dividend (2) • Net interest income (FTE) of $95.3 million increased $2.7 million from the previous quarter but decreased $2.8 million from the second quarter of 2023 Financial Summary | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------|-------|-----------------|-------|-----------------------------------------------|-------|------------------ ...

Financial Summary Second Quarter 2024 Highlights Profitability Asset quality On June 1, 2024, the Bank retired $50 million of variable rate subordinate corporate debentures that were included in Tier II regulatory capital. This action reduced the Bank's Total Risk Based Capital by approximately 44 basis points; however, the actual Total Capital Ratio decreased by only eight basis points from the previous quarter due to strong organic capital generation The Bank-level Total Capital ratio was 13.1% at June 30 ...

H i # P Investment Thesis Having been bearish on Teladoc stock for some time, I now no longer believe it makes sense to sustain this bearish outlook. Even as I recognize that Teladoc today operates as a shadow of its former self, I nevertheless contend that this insight has already been priced into its stock. At approximately 5x next year's free cash flow, there is a better risk-reward than there's been in quite some time. Therefore, I now change my mind and upgrade my rating from a sell to a neutral stance ...

X OP SPDR S8P Oil & Gas Exploration & Production ETF NYSE Open 147.72 High 148.66 Low 148.74 Close 148.36 Volume 2.8M Chg +0.19 (+0.13%) 4 12 20 26 Mar 15 22 13 20 28 Jun 10 11 18 25 Apr May8 StockCharts.com According to Bank of America Global Research, CHRD is the largest oil and natural gas producer in Williston, formed from the merger of Oasis and Whiting Petoleum in 2022. Its management estimates that it has approximately 1,800 "core" locations. Back in May, Chord reported a solid quarter. Q1 GAAP EPS o ...