Q1 results season isn’t quite over and I’ve had lots of questions about the lingo used by company management when discussing their recent performance. So I’ll have a go at explaining some of the most commonly used, help you better understand the results being published next week. I may even do a Part 2 next…
4 May Interactive Investor “The higher open comes “as traders prepare for the outcome of US-China trade talks (so far so good says US Trade Sec Mnuchin) and gear up for this afternoon’s US jobs report, which has potential to revive hawkishness about Fed rate hikes if wage growth is strong, pushing USD higher and…
IAG shares top the UK 100 this morning with Q1 results helping them extend their recent breakout from 633p. Today’s 5.7% jump takes the recent rebound from 590p to 14.7%. More importantly, however, we are close to a retest of Jan highs of 680p. Will this remain a hurdle (so far the case) or can…
Smith & Nephew shares plunged over 7% after the company cut 2018 full-year guidance from the expected 3-4% down to 2-3% range. The medtech company blames “mixed performance” in the US and other established markets, which saw negative underlying revenue growth (-2%). Q1 group revenues may well have grown by 5%, but with underlying growth…
The Beast from the East strikes again and today it’s the turn of two rather different UK Index companies to highlight the damage inflicted, both footing the blue-chip index. Firstly, Direct Line says the recent “freezing weather hit many drivers, households and businesses hard” (in other words, all customer groups) and it expects claims from…
Just Eat shares are up just shy of 4% after the online food ordering company delivered a smorgasbord of positive Q1 results. Investors are gobbling up news of a 49% jump in Q1 revenues, helped by strong order growth (+32% YoY to 51.6M orders) both in UK (+24%) and overseas (+46%). Investors are clearly ignoring…