Sixth Street Specialty Lending (TSLX) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Company Participants Cami VanHoard - Head of Investor RelationsJoshua Easterly - Chairman, CEO & Co-CIO of the AdviserRobert Stanley - Vice PresidentIan Simmonds - CFOFinian O'shea - Director, WFS ResearchBrian Mckenna - Director - Equity ResearchMickey Schleien - Managing Director, Equity ResearchKenneth Lee - Vice PresidentMaxwell Fritscher - Equity Research AssociateMelissa Wedel - Vice President, U.S. Equities ResearchR ...

On February 24, this year, I established a separate investment account specifically for my BDC investments. The idea with this account is to better track and measure the performance of BDCs so that I could, among other things, share the progress with you in aRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvi ...

Core Viewpoint - Iron Mountain (IRM) reported quarterly earnings of $1.17 per share, exceeding the Zacks Consensus Estimate of $1.16 per share, and showing significant growth from $0.43 per share a year ago, indicating a positive earnings surprise of 0.86% [1] Financial Performance - The company posted revenues of $1.59 billion for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 0.40%, but an increase from $1.48 billion year-over-year [2] - Over the last four quarters, Iron Mountain has surpassed consensus EPS estimates only once, and it has topped consensus revenue estimates two times [2] Stock Performance - Iron Mountain shares have declined approximately 14.7% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current Zacks Rank for Iron Mountain is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.20 on revenues of $1.67 billion, and for the current fiscal year, it is $4.91 on revenues of $6.74 billion [7] - The trend for estimate revisions ahead of the earnings release was unfavorable, which may impact future stock movements [6] Industry Context - The Business - Information Services industry, to which Iron Mountain belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Viewpoint - Thomson Reuters reported quarterly earnings of $1.12 per share, exceeding the Zacks Consensus Estimate of $1.06 per share, and showing a slight increase from $1.11 per share a year ago, indicating a 5.66% earnings surprise [1][2] Financial Performance - The company posted revenues of $1.9 billion for the quarter ended March 2025, which was slightly below the Zacks Consensus Estimate by 0.95%, and a marginal increase from $1.89 billion year-over-year [2] - Over the last four quarters, Thomson Reuters has surpassed consensus EPS estimates four times and topped revenue estimates twice [2] Stock Performance - Thomson Reuters shares have increased approximately 16% since the beginning of the year, contrasting with a decline of 5.3% in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.87 on revenues of $1.79 billion, and for the current fiscal year, it is $3.88 on revenues of $7.49 billion [7] - The estimate revisions trend for Thomson Reuters is mixed, and future changes in estimates will be closely monitored following the recent earnings report [6][7] Industry Context - The Business - Services industry, to which Thomson Reuters belongs, is currently ranked in the top 23% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

Sixth Street Specialty Lending (TSLX) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Sixth Street Specialty Lending, Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear automated message if your han ...

Guangzhou, China, May 01, 2025 (GLOBE NEWSWIRE) -- Top KingWin Ltd (“Top KingWin” or the “Company”) (Nasdaq: WAI) today announced that it will effect a reverse share split of its outstanding class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), at a ratio of 1-for-25, to be effective at the open of business on Monday, May 5, 2025.  Our Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market (“Nasdaq”) on or around Monday, ...

TEJON RANCH, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE:TRC), (“Tejon” or the “Company”), a diversified real estate development and agribusiness company, today announced that it will participate at Oppenheimer’s 20th Annual Growth Conference (virtual format) on Tuesday, May 6, 2025. Tejon’s new President & CEO Matthew Walker is scheduled to present at 12 PM ET on May 6th. A webcast of the presentation, as well as a 90-day replay, will be available at the following webcast link: TRC Prese ...

Core Insights - Wesco International reported a 6% organic growth in sales for Q1 2025, driven by a 70% increase in data center sales and high single-digit growth in Broadband and OEM businesses [2][10]. - The company reaffirmed its full-year outlook for 2025, citing positive momentum and a strong opportunity pipeline [3][10]. Financial Performance - Net sales for Q1 2025 were $5,343.7 million, a slight decrease of 0.1% compared to $5,350.0 million in Q1 2024 [4][10]. - Organic sales growth was reported at 5.6%, reflecting volume growth in the Communication and Security Solutions (CSS) segment, partially offset by a decline in the Utility Business Solutions (UBS) segment [5][24]. - Gross profit for Q1 2025 was $1,125.6 million, with a gross margin of 21.1%, down from 21.3% in the previous year [4][26]. - Net income attributable to common stockholders increased to $104.0 million, or $2.10 per diluted share, representing a 7.7% increase year-over-year [4][10]. Cash Flow and Capital Management - Free cash flow for Q1 2025 was significantly lower at $9.4 million compared to $731.4 million in Q1 2024, primarily due to changes in working capital [4][10]. - The company issued $800 million in notes to redeem preferred stock, which is expected to strengthen the balance sheet and improve cash flow and earnings per share [3][10]. Segment Performance - The CSS segment experienced an organic sales growth of 18.1%, while the UBS segment saw a decline of 4.9% [24]. - The Electrical and Electronic Solutions (EES) segment reported a 3.4% organic sales growth [24]. Operational Highlights - The company noted a stable gross margin on a sequential basis compared to Q4 2024, with initial improvements in Communication and Security Solutions [2][3]. - SG&A expenses increased to $836.3 million, reflecting higher operational and transportation costs [4][7]. Market Outlook - Wesco remains focused on cross-selling activities and operational improvements amid economic uncertainty, with confidence in outperforming market trends driven by AI-driven data centers and electrification [3][10].

Core Viewpoint - The article discusses three ultra-high-yield dividend stocks that investors should consider, highlighting their strong performance and growth potential in the current market environment. Group 1: Ares Capital - Ares Capital has a forward yield of 9.3% and has maintained stable or growing payouts for 15 consecutive years [3][5] - The company has the highest regular dividend growth over the last 10 years among externally managed business development companies with a market cap over $700 million [3] - Ares Capital primarily provides capital to middle-market businesses, representing a $3 trillion opportunity, with an additional $2.4 trillion from companies with revenues over $1 billion [4] - The company is well-positioned to capture market share, being the largest publicly traded business development company with a strong balance sheet and deep industry relationships [5] - Concerns regarding the CEO transition are mitigated by the new CEO's extensive experience within the company and industry [6] Group 2: Enterprise Products Partners - Enterprise Products Partners offers a forward yield of 6.9% and has increased its distribution for 26 consecutive years [7] - The company has demonstrated resilience in its cash flows during economic downturns, including the Great Recession and the COVID-19 pandemic [8] - Global demand for liquid hydrocarbons is expected to grow, with the U.S. maintaining a competitive advantage due to low production costs, positively impacting Enterprise's growth prospects [9] Group 3: Verizon Communications - Verizon Communications has a forward dividend yield of 6.3% and has increased its payouts for 18 straight years [10] - Despite a declining stock market, Verizon's share price has risen due to limited exposure to tariffs and strong business performance [11][12] - The company is expanding its offerings through the acquisition of Frontier Communications, expected to close in Q1 2026, which will enhance its products and services for consumers and small businesses [13]

we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors.We continue with our effort to catch the BDC bottom with a pair trade. Until recently, many BDCs were trading at overvalued levels. We discussed this in previous articles, like MAIN, PBDC, CGBD and many others. However, the situation has changed -Denislav leads the investing group Trade With Beta , features of the ...