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Alexander Baldwin Posts Q2 EPS Beat
The Motley Fool· 2025-07-25 06:45
Core Insights - Alexander & Baldwin reported a significant GAAP earnings per share (EPS) of $0.35 for Q2 2025, exceeding expectations of $0.33, while GAAP operating revenue was slightly below expectations at $50.7 million [1][2] - The company raised its full-year guidance for earnings and other key financial metrics, reflecting strong demand in leasing and robust occupancy [1][12] Financial Performance - EPS (GAAP) increased by 169.2% year-over-year from $0.13 in Q2 2024 to $0.35 in Q2 2025 [2][5] - GAAP revenue rose to $51.7 million, a 5.1% increase from $49.2 million in Q2 2024 [2][6] - Funds from operations (FFO) per diluted share (non-GAAP) increased by 71.4% to $0.48 [2][5] - Same-store net operating income (NOI) growth (non-GAAP) was 5.3%, significantly higher than the 0.9% increase in Q2 2024 [2][6] Business Overview - Alexander & Baldwin is a Hawaii-based real estate investment trust (REIT) managing a portfolio of commercial properties, including 21 retail centers and 14 industrial properties [3][4] - The company benefits from high barriers to entry in the Hawaii market, which helps maintain high occupancy rates [4] Leasing Activity - The company signed 52 improved-property leases covering approximately 183,800 square feet, generating $6.1 million in new annualized rent [7] - Leasing spreads increased by 6.8% overall, with retail leases up 7.4% and industrial leasing spreads up 4.7% [7] Segment Performance - Land Operations saw a significant profit increase to $13.9 million, primarily due to one-time items [8] - Internal growth projects are advancing, including pre-construction of new buildings at Komohana Industrial Park and ongoing work at Maui Business Park [9][10] Financial Position - As of June 30, 2025, the company had $307.6 million in total liquidity, with a net debt to trailing twelve months adjusted EBITDA ratio of 3.3x [11] - The Board declared a regular quarterly dividend of $0.225 per share, maintaining a stable payout pattern [11][13] Future Outlook - Full-year 2025 EPS guidance was raised to $0.91–$0.96 per share, and FFO guidance was increased to $1.35–$1.40 per diluted share [12] - Same-store NOI growth expectations for FY2025 improved to 3.4%–3.8%, indicating optimism about ongoing leasing and rent growth [12]
X @Bloomberg
Bloomberg· 2025-07-25 06:35
Jupiter Fund reports net inflows in the second quarter of the year, a rare positive update on overall investor demand from the UK investment firm https://t.co/omxBDHXDgV ...
一张蓝图绘到底 厦门“两岸金融中心”发展实践与启示
Jin Rong Shi Bao· 2025-07-25 05:44
金融中心是现代城市的天际线,纽约华尔街、香港中环、上海陆家嘴……都是如此。 金融中心是一座城市、一个国家的"经济心脏",几平方公里的范围内,金融机构高度集聚,信息如电流 瞬时传递,交易如心跳时刻不停,资金如血液快速流动,是经济运行和社会发展的引擎。金融中心不仅 是资金和信息的汇聚地,更是梦想和挑战的舞台,见证奋斗与创新,承载国家和城市的发展希望。 《1985年-2000年厦门经济社会发展战略》首次提出:到2050年将厦门建成"自由金融区"和亚洲金融中 心之一的目标;2010年,国务院批准设立厦门"两岸区域性金融中心";2011年,国家"十二五"规划确 立"推进厦门两岸区域性金融服务中心建设",同年,《海峡西岸经济区发展规划》支持厦门扩大金融改 革试点,先行试验一些金融领域重大改革措施,以金融推动两岸经济深化合作。 "两岸金融中心"批准设立15周年之际,6月28日,国内外近百家金融机构和厦门政府200多位代表汇聚北 京金融街,回顾"两岸金融中心"的发展历程,共商"两岸金融中心"高质量发展大计。 厦门市委书记崔永辉说:"6月22日新闻联播以'为有源头活水来'对习近平同志在福建工作期间所做出的 一系列关于金融事业发 ...
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Broadmark Realty Capital Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BRMK
GlobeNewswire News Room· 2025-07-25 02:11
Core Viewpoint - A class action lawsuit has been filed against Broadmark Realty Capital Inc. regarding the merger with Ready Capital Corporation, alleging misleading statements in the proxy statement used to solicit shareholder support for the merger [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the proxy statement contained false or misleading statements and failed to disclose significant financial distress among borrowers in Ready Capital's portfolio due to high interest rates [5]. - It is alleged that an oversupply of multifamily properties limited the ability of Ready Capital borrowers to raise rents to cover growing debt costs [5]. - A major development project acquired during the merger, valued at approximately $500 million, faced catastrophic setbacks, including cost overruns and funding shortfalls [5]. - The lawsuit asserts that Ready Capital's expected credit loss reserves were materially understated, impacting financial projections regarding distributable earnings, dividends, and book value per share [5]. Group 2: Participation Information - Individuals who held Broadmark common stock as of the merger date may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm for more information [3][6].
HarborOne Bancorp (HONE) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-24 22:51
Group 1 - HarborOne Bancorp reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, and showing an increase from $0.18 per share a year ago, resulting in an earnings surprise of +21.05% [1] - The company posted revenues of $45.44 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.77%, compared to $43.27 million in the same quarter last year [2] - HarborOne Bancorp shares have increased approximately 3.9% since the beginning of the year, while the S&P 500 has gained 8.1% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.21 on revenues of $44.35 million, and for the current fiscal year, it is $0.75 on revenues of $174.27 million [7] - The Zacks Industry Rank for Banks - Northeast is currently in the top 23% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]
Moelis (MC) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-24 22:51
Group 1 - Moelis reported quarterly earnings of $0.53 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, and showing a significant increase from $0.18 per share a year ago, representing an earnings surprise of +65.62% [1] - The company achieved revenues of $365.38 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 29.67%, compared to $264.59 million in the same quarter last year [2] - Moelis has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] Group 2 - The stock has underperformed the market, losing about 3.9% since the beginning of the year, while the S&P 500 has gained 8.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $0.36 on revenues of $296.09 million, and for the current fiscal year, it is $1.97 on revenues of $1.29 billion [7] Group 3 - The Financial - Investment Bank industry, to which Moelis belongs, is currently ranked in the top 5% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Moelis's stock performance [5][6]
Humanoid Global Announces Closing of Private Placement
GlobeNewswire News Room· 2025-07-24 22:30
Vancouver, BC, July 24, 2025 (GLOBE NEWSWIRE) -- Humanoid Global Holdings Corp. (formerly, New Wave Holdings Corp.) (“Humanoid Global” or the “Company”) (CSE:ROBO, FWB:0XM1, OTCPK:RBOHF) is pleased to announce, further to its news releases on June 23, 2025 and May 23, 2025, that the Company has completed its previously announced non-brokered private placement (the “Offering”).  Pursuant to the Offering, the Company issued 10,500,000 units of the Company (the “Units”) at the price of $0.30 per Unit for gross ...
X @Bloomberg
Bloomberg· 2025-07-24 22:20
A revival in Hong Kong stocks has provided bumper returns for Prusik Investment Management https://t.co/YTe3O1yNU1 ...
Moelis & pany(MC) - 2025 Q2 - Earnings Call Transcript
2025-07-24 22:02
Moelis & Company (MC) Q2 2025 Earnings Call July 24, 2025 05:00 PM ET Company ParticipantsMatt Tsukroff - VP - IRChris Callesano - CFOKenneth Moelis - Founder, CEO & ChairmanNavid Mahmoodzadegan - Co-Founder & Co-PresidentDevin Ryan - Director of Financial Technology ResearchJames Yaro - VP - Equity ResearchBrendan O'Brien - SVPRyan Kenny - MD - Equity ResearchConference Call ParticipantsKenneth Worthington - Financial AnalystAlex Bond - Senior Research AnalystJames Mitchell - Senior Equity AnalystOperatorG ...
Moelis & pany(MC) - 2025 Q2 - Earnings Call Transcript
2025-07-24 22:00
Moelis & Company (MC) Q2 2025 Earnings Call July 24, 2025 05:00 PM ET Speaker0Good afternoon, and welcome to the Moelis and Company Earnings Conference Call for the Second Quarter of twenty twenty five. To begin, I'll turn the call over to Mr. Matt Suklaf. Please go ahead, sir.Speaker1Good afternoon, and thank you for joining us for Molson Company's second quarter twenty twenty five financial results conference call. On the phone today are Ken Mollis, Chairman and CEO Navin Mabuzadigan, Co Founder and Co Pr ...