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Taseko Reports First Quarter 2025 Earnings
Globenewswire· 2025-05-01 21:43
Core Viewpoint - Taseko Mines Limited reported a net loss of $29 million in Q1 2025, with revenues of $139 million from copper and molybdenum sales, while construction at Florence Copper is progressing on schedule towards first copper production expected in Q4 2025 [2][5][34]. Financial Performance - Adjusted EBITDA for Q1 2025 was $34 million, with earnings from mining operations before depletion and amortization at $39 million [2][7]. - The company recorded a net loss of $29 million ($0.09 loss per share) and an adjusted net loss of $7 million ($0.02 loss per share) [2][7]. - Revenues decreased to $139 million from $146.9 million in the previous year, primarily due to lower copper production [7][9]. Production and Operations - Gibraltar Mine produced 20 million pounds of copper and 336 thousand pounds of molybdenum in Q1 2025, with total operating costs (C1) at US$2.26 per pound of copper produced [3][20]. - Mill throughput averaged 87,800 tons per day, exceeding design capacity, but copper production was impacted by lower metallurgical recoveries from oxidized ore [3][5]. - The average copper grade was 0.19% with a recovery rate of 68% [3][15]. Project Development - Construction at Florence Copper is 78% complete, with critical aspects on schedule, and first copper cathode production expected in Q4 2025 [4][28]. - The company has completed 80 out of 90 planned production wells, with ongoing work on surface infrastructure and electrowinning areas [4][29]. Future Outlook - Annual copper production for 2025 is expected to be approximately 10 million pounds lower than previous guidance due to delays in accessing higher-grade ore [5][21]. - Significant increases in copper grades and recoveries are anticipated in the second half of 2025 and into 2026 [5][21]. - The company has secured copper collar contracts to ensure a minimum copper price of US$4.00 per pound for 81 million pounds of copper for the remainder of 2025 [12][27].
Analysts Estimate TKO Group Holdings (TKO) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-05-01 15:08
Core Viewpoint - TKO Group Holdings is expected to report a year-over-year decline in earnings despite higher revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is anticipated to show earnings of $0.48 per share, reflecting a significant year-over-year decrease of 77.6%, while revenues are projected to reach $1.11 billion, an increase of 76.5% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.56% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a negative Earnings ESP of -52.41%, suggesting that analysts have lowered their expectations for TKO Group's earnings [11]. Historical Performance - In the last reported quarter, TKO Group exceeded the expected earnings of $0.23 per share by delivering $0.35, resulting in a surprise of +52.17%. Over the past four quarters, the company has beaten consensus EPS estimates twice [12][13]. Investment Considerations - Despite the potential for an earnings beat, TKO Group does not currently appear to be a strong candidate for exceeding earnings expectations, and investors should consider other factors before making investment decisions [16].
UFC® AND HPNOTIQ ANNOUNCE MULTIYEAR MARKETING PARTNERSHIP
Prnewswire· 2025-05-01 12:00
Core Insights - UFC and Hpnotiq have entered a multiyear marketing partnership to enhance brand visibility at UFC events [1][2] - Hpnotiq will be an Official Partner of UFC, activating its brand at all Fight Nights in the United States [2][4] - The partnership aims to create engaging experiences for fans, leveraging UFC's extensive reach and promotional assets [3][5] Brand Activation and Visibility - Hpnotiq will receive prominent brand placement inside the Octagon at UFC Fight Nights, reaching over 700 million fans in 170 countries and approximately 950 million households [4] - The collaboration will include original content distributed via UFC's digital and social channels, targeting over 300 million users worldwide [5] Event Launch - The partnership will debut at UFC Fight Night: Sandhagen vs. Figueiredo on May 3, 2025, in Des Moines, Iowa, featuring key bantamweight and middleweight bouts [6] Company Background - UFC is a leading mixed martial arts organization with a global fan base and extensive media reach, producing over 40 live events annually [7] - Hpnotiq is a popular liqueur known for its unique blend of fruit juices, vodka, and cognac, and is marketed by Heaven Hill Brands [8]
Taseko to Release First Quarter 2025 Results
Globenewswire· 2025-04-30 21:18
Core Viewpoint - Taseko Mines Limited is set to release its first quarter 2025 financial results on May 1, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call and live webcast on May 2, 2025, at 11:00 a.m. Eastern Time [2] - The conference call will include opening remarks by management followed by a question-and-answer session for analysts and investors [2] Group 2: Participation Details - Participants must pre-register to join the conference call, with registration available at a specified link [4] - An email with dial-in details and a unique access code will be sent to registered participants [4] - A live webcast will be available and archived for playback until June 2, 2025 [4]
TKO Group Holdings: Remain Bullish Despite Share Price Weakness
Seeking Alpha· 2025-04-11 09:50
Core Viewpoint - The article emphasizes the importance of fundamental analysis in identifying undervalued companies with long-term growth potential, advocating for a value investing approach that focuses on purchasing quality companies at a discount to their intrinsic value and holding them for compounding returns [1]. Group 1 - The investment strategy combines value investing principles with a focus on long-term growth [1]. - The approach involves buying quality companies at a discount to their intrinsic value [1]. - The goal is to allow companies to compound their earnings and shareholder returns over time [1].
UFC Announces NetBet as Official Sportsbook and Betting Partner in Europe
GlobeNewswire News Room· 2025-03-18 12:00
LONDON, March 18, 2025 (GLOBE NEWSWIRE) -- UFC, the world’s premier mixed martial arts organisation, has announced a new marketing partnership with NetBet, a leading online gambling platform, as the Official Sportsbook and Betting Partner across UK, Ireland, Greece, Italy and Romania. Beginning with UFC FIGHT NIGHT: EDWARDS vs. BRADY on Saturday, March 22nd live from The O2 in London, NetBet will have a presence in the world-famous Octagon®, on UFC’s international broadcast feed, and across digital and soci ...
TKO Group: S&P 500 Inclusion, Q4, Dividend, Boxing, And Other Ongoing Catalysts
Seeking Alpha· 2025-03-11 13:00
Investment advisor, research analyst, and economics educator from Southern California. I have an obsession with portfolio management, income investing, and alternatives. "History does not repeat, but it does instruct." — Timothy Snyder, On TyrannyAnalyst’s Disclosure: I/we have a beneficial long position in the shares of TKO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from See ...
3 Reasons Growth Investors Will Love TKO Group (TKO)
ZACKS· 2025-02-28 18:50
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...
Best Momentum Stock to Buy for February 28th
ZACKS· 2025-02-28 16:00
Group 1: TKO Group Holdings, Inc. - TKO Group Holdings is engaged in the production and distribution of unique and creative content through various channels, including premium over-the-top networks and direct-to-consumer subscriptions [1] - The company has a Zacks Rank of 1 (Strong Buy) and its current year earnings estimate has increased by 0.9% over the last 60 days [1] - TKO Group Holdings' shares have gained 8.9% over the last three months, outperforming the S&P 500, which lost 2.9% during the same period [2] Group 2: Urban Outfitters - Urban Outfitters is a lifestyle specialty retailer offering fashion apparel, accessories, footwear, home décor, and gifts [2] - The company also holds a Zacks Rank of 1 and has seen a 5.5% increase in its current year earnings estimate over the last 60 days [2] - Urban Outfitters' shares have increased by 17.5% over the last three months, again outperforming the S&P 500's loss of 2.9% [3]
TKO (TKO) - 2024 Q4 - Earnings Call Transcript
2025-02-27 05:29
Financial Data and Key Metrics Changes - In 2024, the company generated revenue of $2.804 billion and adjusted EBITDA of $1.251 billion, both exceeding revised guidance [22] - For the fourth quarter, revenue was $642 million, adjusted EBITDA was $238 million, and adjusted EBITDA margin was 37%, reflecting a 5% increase in revenue and a 7% increase in adjusted EBITDA year-over-year [26][32] - The adjusted EBITDA margin for the full year was 45%, with a 300 basis point increase compared to the previous year [22][24] Business Line Data and Key Metrics Changes - The UFC segment generated revenue of $344 million in Q4, a 22% increase, with adjusted EBITDA of $178 million, up 25% [26] - The WWE segment reported revenue of $298 million in Q4, a 10% decrease, with adjusted EBITDA of $114 million, down 19% [32] - Sponsorship revenue for UFC grew 28% year-over-year, while WWE's sponsorship revenue increased by 20% [15] Market Data and Key Metrics Changes - UFC had record-breaking ticket sales and attendance, with 10 all-time highest grossing events in 2024 [12] - WWE's live events revenue increased 13% to $93 million, driven by strong ticket sales [34] - NXT viewership increased by 12% compared to USA's 2024 average, with a nearly 100% increase in viewership on CW [10][11] Company Strategy and Development Direction - The company is focused on integrating UFC and WWE to drive efficiency and maximize shareholder value, with a priority on domestic rights renewals [16][19] - Plans to close acquisitions of IMG, On Location, and PBR in Q1 2025, which are expected to enhance the global sports portfolio [17][51] - The strategy includes expanding audience reach and deepening partnerships while maximizing revenue across multiple business lines [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining positive momentum in 2025, targeting revenue of $2.93 billion to $3.0 billion and adjusted EBITDA of $1.35 billion to $1.39 billion [44] - The company anticipates challenges due to the timing of events, particularly with the shift of a major event to Saudi Arabia, impacting revenue by approximately $55 million [46] - Management remains optimistic about the demand for premium live sports and entertainment, with no signs of a slowdown in ticket sales or viewership [90] Other Important Information - The company generated $509 million of free cash flow in 2024, with a free cash flow conversion rate of 41% [38] - A share repurchase program of up to $2 billion was authorized, along with a quarterly cash dividend of $0.38 per share [41][43] - The company is focused on realizing revenue synergies and cost savings as part of its integration strategy [24] Q&A Session Summary Question: UFC domestic deals and negotiation with Disney - Management confirmed they are in an exclusive negotiating window with Disney and ESPN, emphasizing the strong market for premium content [63][64] Question: Potential repeal of the Ali Act and boxing plans - Management acknowledged the flaws in the Ali Act but expressed confidence in the opportunities for boxing, indicating ongoing discussions for a boxing league with Saudi Arabia [67][78] Question: Live event revenue growth outlook - Management expects meaningful growth in live event revenue for 2025, driven by major events and site fee growth [86][88] Question: Sponsorship opportunities and growth - Management is optimistic about achieving $375 million in sponsorship revenue for the year, with significant opportunities for new partnerships [104][107] Question: Incremental UFC events abroad and margin implications - Management indicated that while international events may have lower margins, they are viewed as overall EBITDA accretive in the long term [120]