EchoStar (SATS 17.04%) shares were bouncing back today, up 10% as of 2 p.m. ET.EchoStar's shares have been under severe pressure since the beginning of the year, but especially in the past week. That's because management decided to not make two separate interest payments on its debt, as it awaits a decision from the FCC regarding its spectrum. Management has a 30-day grace period to do so before the company is technically in default. The spectrum debate has to do with the pace of EchoStar's 5G rollout, and ...

Greif (GEF) Q2 2025 Earnings Call June 05, 2025 08:30 AM ET Company Participants Bill D’Onofrio - Vice President of Investor Relations & Corporate DevelopmentOle Rosgaard - President and Chief Executive OfficerLarry Hilsheimer - EVP & CFOMichael Roxland - MD - Equity ResearchGeorge Staphos - Managing Director Conference Call Participants Josh Vesely - Equity Research AnalystMatthew Roberts - Equity Research AnalystGabe Hajde - Analyst Operator Good day, and thank you for standing by. Welcome to the Greif's ...

Industry Overview - The Self-Storage sector in the U.S. has expanded to a substantial 2 billion square feet of space and encompasses over 33,000 facilities [1] - The market is characterized by fragmentation, with the top 10 largest companies holding approximately 36% of the total market share [1] Company Insights - iREIT® offers comprehensive research on various investment vehicles including REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers [1] - The iREIT® Tracker provides data on over 250 tickers, featuring quality scores, buy targets, and trim targets [1]

Core Insights - Greif, Inc. reported strong fiscal second quarter 2025 results, demonstrating resilience and strategic progress under its "Build to Last" strategy, with a focus on cost reductions and operational discipline [4][5][23]. Financial Highlights - Net income increased by 6.5% to $47.3 million, or $0.82 per diluted Class A share, compared to $44.4 million, or $0.77 per diluted Class A share in the prior year [5]. - Adjusted EBITDA rose by 26.0% to $213.9 million from $169.7 million [5]. - Net cash provided by operating activities increased by $48.9 million to $136.4 million [5]. - Total debt decreased by $140.9 million to $2,775.2 million, with net debt down by $197.6 million to $2,522.5 million [5]. Segment Performance - Customized Polymer Solutions saw net sales increase by $43.7 million to $329.3 million, primarily due to contributions from recent acquisitions [11]. - Durable Metal Solutions experienced a net sales decrease of $34.8 million to $378.9 million, attributed to lower volumes and selling prices [13]. - Sustainable Fiber Solutions reported a net sales increase of $19.0 million to $599.1 million, driven by higher containerboard and boxboard prices [16]. - Integrated Solutions faced a net sales decline of $13.2 million to $78.4 million, mainly due to the divestiture of Delta Petroleum Company [19]. Cost Optimization and Strategic Actions - The company achieved $10.0 million in run-rate savings from its cost optimization program and expects to reach $15.0 million to $25.0 million by the end of fiscal year 2025 [5]. - Greif is progressing on the sale of its timberland business, anticipating using the proceeds for further debt reduction [5]. Tax and Dividend Information - The income tax rate for the quarter was 35.5%, with an expected range of 27.0% to 32.0% for fiscal 2025 [21]. - The Board of Directors declared quarterly cash dividends of $0.54 per share of Class A Common Stock and $0.81 per share of Class B Common Stock, payable on July 1, 2025 [22]. Company Outlook - The company acknowledges a multi-year period of industrial contraction with no compelling demand inflection identified, but remains positioned for a potential recovery in the industrial economy [23]. - Fiscal 2025 low-end guidance for Adjusted EBITDA is raised to $725 million and for adjusted free cash flow to $280 million [24].

Core Insights - Campbell's reported a 1% organic net sales growth for fiscal 2025 Q3, with adjusted EBIT increasing by 2% and adjusted EPS at $0.73, reflecting a 3% year-over-year decline, while full-year adjusted EPS is now expected at the low end of prior guidance [1] Meals and Beverages Performance - The meals and beverages segment achieved a 6% organic net sales growth and a 2% increase in consumption, marking six consecutive quarters of positive in-market consumption [2] - Strong household penetration gains in condensed cooking soups were noted, particularly among millennial consumers, with mac and cheese marketing adding approximately 1 million new households, the largest quarterly gain in four years for this subcategory [2][3] Snacks Segment Challenges - The snacks division experienced a 5% decline in organic net sales, with a 3% drop in consumption attributed to category-wide contraction and company-specific execution issues [4][5] - Recovery prospects for the snacks segment are now pushed into fiscal 2026, with management focusing on price-point strategies, multipack offerings, and targeted innovation to preserve share and margin [5] Cost Management and Acquisition Integration - The company achieved approximately $110 million in cost savings towards a $250 million multi-year target, with the SOVOS acquisition integration unlocking additional efficiencies [6][7] - Despite a 110 basis point contraction in adjusted gross profit margin, disciplined cost controls enabled a 2% adjusted EBIT gain, and acquisition synergies positively impacted adjusted EPS [6][8] Future Outlook - Management reaffirmed FY2025 guidance, now expecting adjusted EPS at the low end of the range, with meals and beverages facing shipment-related headwinds and snacks' full-year operating margin projected at 13% [8] - The FY2025 cost savings target has been raised to $130 million, and the company anticipates capital expenditures at approximately 4.5% of net sales, with tariff-related impacts on adjusted EPS estimated at $0.03–$0.05 [8]

EastGroup Properties (EGP) 2025 Conference June 04, 2025 01:15 PM ET Speaker0 Good. All right. Good afternoon, everyone. I'm Jonathan Hughes, of the real estate analysts at Raymond James. Thank you for joining this discussion to hear more about the EastGroup story. Joining me on stage is President and CEO Marshall Loeb and CFO Brent Wood. First Marshall's gonna give an overview of the company, then I will ask some questions address key topics and issues, and then we can open it up to questions from the audi ...

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE REPURCHASE INVITATION OF THE SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW Worldline announces the results of the repurchase of its outstanding OCEANEs due July 2026 via a reverse bookbuilding process Paris La Défense, June 4, 2025 – Worldline [Euronext: WLN], a global leader in payment services, announces the results of the repurch ...

Carnival (CCL 0.04%) (CUK) stock jumped 27% in May, according to data provided by S&P Global Market Intelligence. The stock is on the rebound after crashing earlier this year on fears of crackdowns on cruise industry taxes, and it got a boost from an analyst upgrade.Not so smooth sailingCarnival stock has been volatile since crashing when the pandemic started. The company has made incredible progress in rebuilding its business, with record demand every quarter that it keeps smashing through, but the market ...

Investment Rating - The report provides an "Overweight" (OW) rating for several companies, indicating a positive outlook for their performance in the market [9][13]. Core Insights - The report highlights opportunities arising from the trade war and China's stimulus measures in the near term [5]. - Medium-term growth is expected to be driven by the "China+1" strategy, post-war reconstruction, and advancements in robotics [6]. - Long-term stability is supported by structural growth drivers within the industry [7]. Company Summaries - Shenzhen Inovance is positioned to benefit from the industrial automation (IA) cycle inflection [9]. - Weichai Power is anticipated to experience growth as China's heavy-duty truck (HDT) market enters an upcycle [9]. - Evergreen Marine is expected to gain from supply chain adjustments [9]. - SANY and XCMG are set to benefit from increasing demand for construction machinery [9]. - Sanhua and Leader Drive are identified as key players in the humanoid robot sector [9]. - C SF Holdings and ICT are likely to benefit from further supply chain adjustments [9]. - Weichai's market share in large-bore engines is projected to grow significantly [9]. - TTI is sustaining growth through innovation and a shift towards cordless tools [9]. - CRRC is benefiting from high-speed train demand and the phase-out of diesel engines [9]. - ST Engineering is expanding internationally amid geopolitical tensions [9].

NEW CANAAN, Conn., June 02, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that management is scheduled to participate at the following June 2025 conferences. Benzinga Cannabis Capital ConferenceDates: June 8-10, 2025Location: Marriott Magnificent Mile, Chicago, ILPanel: Debt is Coming Due: How to Manage, Refinance, and Keep Lenders on Your SidePanel Date and T ...