Workflow
health
icon
Search documents
Procter & Gamble: Buy PG Stock Ahead of Its Upcoming Earnings?
Forbes· 2025-07-28 11:20
Core Insights - Procter & Gamble (P&G) is set to announce its earnings on July 29, 2025, with historical data indicating a strong likelihood of positive one-day returns post-announcement, occurring in 70% of cases [2][6] - The analysts' consensus for the upcoming quarter is earnings of $1.42 per share on revenues of $20.85 billion, reflecting modest growth expectations compared to the previous year's earnings of $1.40 per share on revenues of $20.53 billion [3] - P&G currently has a market capitalization of approximately $372 billion, with $84 billion in revenue over the past year, $20 billion in operating profits, and a net income of $15 billion [4] Historical Performance - Over the last five years, P&G has recorded 20 earnings data points, with 14 positive and 6 negative one-day returns, resulting in a median increase of 2.2% for positive returns and a median decrease of -2.9% for negative returns [6] - The probability of positive one-day returns drops to 67% when considering the last three years instead of five [6] Trading Strategies - Traders can utilize historical trends to position themselves ahead of earnings releases or analyze post-earnings returns to inform their trading strategies [5][7] - A strategy based on the correlation between short-term and medium-term returns can be effective, particularly if the 1D and 5D returns show a strong correlation [7][8]
ACNB Corporation Reports 2025 Second Quarter Financial Results
Globenewswire· 2025-07-24 13:35
Core Insights - ACNB Corporation reported a net income of $11.6 million, or $1.11 diluted earnings per share, for Q2 2025, showing an increase from $11.3 million, or $1.32 diluted earnings per share, in Q2 2024, and a recovery from a net loss of $272 thousand in Q1 2025 [1][9][21] Financial Performance - Net interest income for Q2 2025 was $31.0 million, up $10.0 million from Q2 2024 and $3.9 million from Q1 2025, primarily driven by the acquisition of Traditions Bancorp [6][21] - The fully taxable equivalent (FTE) net interest margin increased to 4.21%, a rise of 39 basis points from Q2 2024 and 14 basis points from Q1 2025 [6][9] - Noninterest income reached $8.7 million, an increase of $2.3 million from Q2 2024 and $1.5 million from Q1 2025, with significant contributions from mortgage loans and insurance commissions [7][21] Asset Quality and Loans - Total loans outstanding were $2.34 billion at June 30, 2025, reflecting an increase of $19.6 million from Q1 2025 and $662.2 million from Q2 2024, with growth across various loan categories attributed to the acquisition [10][21] - The allowance for credit losses was $24.4 million, a decrease of $293 thousand from Q1 2025 and an increase of $7.2 million from Q2 2024 [10][21] - Non-performing loans were $10.1 million, or 0.43% of total loans, stable compared to Q1 2025 but increased from $3.1 million, or 0.19%, in Q2 2024 [11][21] Deposits and Equity - Total deposits were $2.52 billion at June 30, 2025, a decrease of $15.5 million from Q1 2025 but an increase of $686.0 million from Q2 2024 [12][21] - Stockholders' equity rose to $395.2 million, up from $386.9 million in Q1 2025 and $289.3 million in Q2 2024, driven by net income and stock repurchases [14][21] Capital Management - The Board of Directors declared a quarterly cash dividend of $0.34 per share, reflecting a 6.3% increase over the same period in 2024 [9][21] - ACNB repurchased 71,592 shares during Q2 2025 and announced a plan to repurchase up to 314,000 shares, approximately 3.0% of outstanding shares [16][21]
ACNB Corporation Announces Common Stock Repurchase Program
Globenewswire· 2025-06-18 13:00
Core Viewpoint - ACNB Corporation has announced a new stock repurchase plan to buy back up to 314,000 shares, approximately 3.0% of its outstanding common stock, which will be funded by available capital [1] Company Overview - ACNB Corporation is an independent financial holding company with total assets of $3.27 billion, headquartered in Gettysburg, PA [2] - The company operates through its wholly-owned subsidiaries, including ACNB Bank and ACNB Insurance Services, Inc., providing banking and wealth management services across multiple locations [2] - ACNB Bank has a network of 33 community banking offices and one loan office in Pennsylvania and Maryland, while ACNB Insurance Services operates as a full-service insurance agency licensed in 46 states [2]
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of SelectQuote, Inc. (NYSE: SLQT) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
GlobeNewswire News Room· 2025-06-06 21:42
Company Overview - SelectQuote is a direct-to-consumer insurance platform that offers health, life, auto, and home insurance policies, as well as medication management services through its SelectRx pharmacy division [3] Allegations and Legal Issues - The Department of Justice filed a False Claims Act complaint against SelectQuote on May 1, 2025, alleging the company received millions of dollars in kickbacks from Humana in exchange for specific Medicare Advantage plan enrollments [4] - The complaint claims SelectQuote maintained a sales division that exclusively offered Humana policies and directed a significant portion of its business to Humana [4] Market Reaction - Following the filing of the complaint, SelectQuote's stock price fell by $0.61 per share, or 19.2%, closing at $2.56 per share on May 1, 2025 [5]
Investview, Inc. (“INVU”) Reports Financial Results and Current Operational and Financial Highlights for the First Quarter Ended March 31, 2025
Globenewswire· 2025-05-14 20:24
Haverford, PA, May 14, 2025 (GLOBE NEWSWIRE) -- Investview, Inc. (OTCQB: INVU), a diversified financial technology services company that offers multiple business units across key sectors, including a financial education division offering tools, products and content through a global network of independent distributors; a manufacturing division focused on proprietary aesthetics, health, nutrition, & cognitive wellness products for wholesale and retail markets, with strategic plans for global expansion; an ear ...