Though both offer the convenience of buying something now and paying for it later, thereâs definitely a difference between a charge card and a credit card when the monthly bill arrives. With a credit card, you can either pay the full amount owed or make a minimum payment and carry the balance forward. With a […]
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Sending money to friends and family is so common nowadays that âVenmoâ has entered the lexicon as an actual verb. And while peer-to-peer payment apps like Venmo and Cash App are certainly the most convenient ways to pay your friend back for concert tickets or split a bill at dinner, some people need to send [â¦]
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
Itâs easy to swipe a credit card and lose track of exactly how much youâre spending. Thatâs why itâs critical to check your credit card balance on a regular basis. By checking your credit card balance, youâll know how much you owe so you can make payments or adjust your spending accordingly. As for how […]
The post How to Check Your Credit Card Balance: A Step-By-Step Guide appeared first on SoFi.
How to Get a Credit Card for the First Time: A Step-By-Step Guide Getting a credit card for the first time comes with a unique set of challenges. A lack of a credit history can make it harder to qualify, and youâll have a learning curve when it comes to how to choose and use […]
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Credit cards can offer a number of additional protections, including if you were to lose your job or otherwise become unable to pay your bills. Some credit card protections, like travel insurance, are perks of the card included in the annual fee. For others, like credit card payment protection, you may have to opt in […]
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First-quarter earnings season keeps rolling on. Headlining this week’s earnings calendar will be entertainment giant Walt Disney (DIS, $110.71), oil name Occidental Petroleum (OXY, $62.97) and buy now, pay later company Affirm Holdings (AFRM, $25.04).
Through April 29, the percentage of S&P 500 companies reporting higher-than-expected earnings per share (80%) is above the five-year average (77%). However, the magnitude of the earnings beats (3.4%) is below the five-year average (8.9%), according to John Butters, senior earnings analyst at FactSet.
At the sector level, Butters says industrials and consumer staples have had the highest percentage of earnings beats at 91% and 89%, respectively. At the low end, real estate and consumer discretionary have the smallest amount of companies reporting earnings above estimates at 63% apiece.
Walt Disney will report its fiscal second-quarter earnings results after the May 11 close.
It has been a rough stretch for the Dow Jones stock, which is off more than 28% for the year-to-date, but another well-received earnings report could give DIS a boost.
In February, shares popped more than 3% after the company reported higher-than-expected earnings, revenue and Disney+ subscriptions.
Disney’s streaming service will be in focus this time around too, especially after Netflix (NFLX) stock sold off sharply when its latest earnings report showed the company’s first quarterly subscriber loss since 2011. However, unlike NFLX, Walt Disney “can monetize content through a variety of other channels, like merchandise and theme park revenue,” says David Trainer, CEO of Nashville-based investment research firm New Constructs.
And in addition to direct-to-consumer subscriber growth across Disney+, Hulu and ESPN+, which will help DIS stock outperform its peers, BofA Global Research analyst Jessica Reif Ehrlich says the company’s theme parks are on the upswing.Â
“Despite achieving near record results in its fiscal first quarter, international visitors still represent a minimal percentage of total attendance, hotel room occupancy remains well below peak levels as all hotels have not been reopened yet, cruise ship capacity remains below pre-pandemic peaks and parks are still operating below peak capacity levels,” Reif writes in a note to clients. “These should all be additional tailwinds over the next 18-24 months.”
As for Disney’s fiscal second quarter, consensus estimates are for earnings per share (EPS) of $1.06, up 34.2% year-over-year (YoY) and revenue of $18.8 billion (+20.1% YoY).
Occidental Petroleum has been in the limelight in recent weeks following news that Warren Buffett’s Berkshire Hathaway (BRK.B) increased its stake in the energy stock.Â
OXY first became a member of the Berkshire Hathaway equity portfolio in 2019, but the holding company more recently bought 91 million shares amid Buffett’s big spending spree.
The integrated oil and gas company will once again be in the spotlight when it unveils its first-quarter earnings results after Tuesday’s close.
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OXY ended 2021 in a strong position, returning to profitability on an annual basis after two years of losses and recording its highest free cash flow â or the money available after a company has met its financial obligations â ever.
The company no longer resembles the debt-ridden firm of fiscal 2020 following its “record-shattering fiscal 2021,” says Raymond James analyst John Freeman (Strong Buy).Â
“Leverage, which stood at around 4.8x at year-end 2020 â nearly double the Raymond James large-cap average â is estimated to fall below 1x by year-end 2022. The company, who remains completely unhedged in fiscal 2022, stands to generate a whopping $12.3 billion in free cash flow on our estimates of production of around 1.6 millions of barrels of oil equivalent per day (in-line with Street),” Freeman adds.
Underscoring this financial strength, analysts, on average, are expecting OXY to report earnings of $2.03 per share in Q1 versus a per-share loss of 15 cents in the year-ago period. Revenue is projected to jump 47.3% to $8.1 billion.
Affirm Holdings has not been immune to broad-market troubles in 2022, with shares down more than 75% for the year-to-date.
The reaction to the buy now, pay later (BNPL) stock’s mid-February earnings report â where AFRM shares slid nearly 21% the day after the results were released â only exacerbated these headwinds.
“AFRM has been pressured since reporting fiscal second-quarter results,” says Truist Securities analyst Andrew Jeffrey. This, according to Jeffrey, is due to a general multiple contraction, liquidity concerns and the perception of rising competition.Â
However, the analyst, who has a Buy rating on AFRM stock, isn’t worried. While the recent selloff creates an opportunity, “rising BNPL demand, driven by changing consumer demographics and tastes, creates opportunity for several providers.” And secular demand for BNPL “will outpace any cyclical headwinds.”
So what’s in store for Affirm’s fiscal third-quarter earnings report, due out after Thursday’s close?
Consensus estimates are for the company to record a per-share loss of 53 cents for the three-month period, an improvement over the $1.06 per-share loss it reported in the year-ago period. Revenue, meanwhile, is expected to climb 73.6% YoY to $344.0 million.
First-quarter earnings season keeps rolling on. Headlining this week’s earnings calendar will be entertainment giant Walt Disney (DIS, $110.71), oil name Occidental Petroleum (OXY, $62.97) and buy now, pay later company Affirm Holdings (AFRM, $25.04).
Through April 29, the percentage of S&P 500 companies reporting higher-than-expected earnings per share (80%) is above the five-year average (77%). However, the magnitude of the earnings beats (3.4%) is below the five-year average (8.9%), according to John Butters, senior earnings analyst at FactSet.
At the sector level, Butters says industrials and consumer staples have had the highest percentage of earnings beats at 91% and 89%, respectively. At the low end, real estate and consumer discretionary have the smallest amount of companies reporting earnings above estimates at 63% apiece.
Walt Disney will report its fiscal second-quarter earnings results after the May 11 close.
It has been a rough stretch for the Dow Jones stock, which is off more than 28% for the year-to-date, but another well-received earnings report could give DIS a boost.
In February, shares popped more than 3% after the company reported higher-than-expected earnings, revenue and Disney+ subscriptions.
Disney’s streaming service will be in focus this time around too, especially after Netflix (NFLX) stock sold off sharply when its latest earnings report showed the company’s first quarterly subscriber loss since 2011. However, unlike NFLX, Walt Disney “can monetize content through a variety of other channels, like merchandise and theme park revenue,” says David Trainer, CEO of Nashville-based investment research firm New Constructs.
And in addition to direct-to-consumer subscriber growth across Disney+, Hulu and ESPN+, which will help DIS stock outperform its peers, BofA Global Research analyst Jessica Reif Ehrlich says the company’s theme parks are on the upswing.Â
“Despite achieving near record results in its fiscal first quarter, international visitors still represent a minimal percentage of total attendance, hotel room occupancy remains well below peak levels as all hotels have not been reopened yet, cruise ship capacity remains below pre-pandemic peaks and parks are still operating below peak capacity levels,” Reif writes in a note to clients. “These should all be additional tailwinds over the next 18-24 months.”
As for Disney’s fiscal second quarter, consensus estimates are for earnings per share (EPS) of $1.06, up 34.2% year-over-year (YoY) and revenue of $18.8 billion (+20.1% YoY).
Occidental Petroleum has been in the limelight in recent weeks following news that Warren Buffett’s Berkshire Hathaway (BRK.B) increased its stake in the energy stock.Â
OXY first became a member of the Berkshire Hathaway equity portfolio in 2019, but the holding company more recently bought 91 million shares amid Buffett’s big spending spree.
The integrated oil and gas company will once again be in the spotlight when it unveils its first-quarter earnings results after Tuesday’s close.
Sign up for Kiplinger’s FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.
OXY ended 2021 in a strong position, returning to profitability on an annual basis after two years of losses and recording its highest free cash flow â or the money available after a company has met its financial obligations â ever.
The company no longer resembles the debt-ridden firm of fiscal 2020 following its “record-shattering fiscal 2021,” says Raymond James analyst John Freeman (Strong Buy).Â
“Leverage, which stood at around 4.8x at year-end 2020 â nearly double the Raymond James large-cap average â is estimated to fall below 1x by year-end 2022. The company, who remains completely unhedged in fiscal 2022, stands to generate a whopping $12.3 billion in free cash flow on our estimates of production of around 1.6 millions of barrels of oil equivalent per day (in-line with Street),” Freeman adds.
Underscoring this financial strength, analysts, on average, are expecting OXY to report earnings of $2.03 per share in Q1 versus a per-share loss of 15 cents in the year-ago period. Revenue is projected to jump 47.3% to $8.1 billion.
Affirm Holdings has not been immune to broad-market troubles in 2022, with shares down more than 75% for the year-to-date.
The reaction to the buy now, pay later (BNPL) stock’s mid-February earnings report â where AFRM shares slid nearly 21% the day after the results were released â only exacerbated these headwinds.
“AFRM has been pressured since reporting fiscal second-quarter results,” says Truist Securities analyst Andrew Jeffrey. This, according to Jeffrey, is due to a general multiple contraction, liquidity concerns and the perception of rising competition.Â
However, the analyst, who has a Buy rating on AFRM stock, isn’t worried. While the recent selloff creates an opportunity, “rising BNPL demand, driven by changing consumer demographics and tastes, creates opportunity for several providers.” And secular demand for BNPL “will outpace any cyclical headwinds.”
So what’s in store for Affirm’s fiscal third-quarter earnings report, due out after Thursday’s close?
Consensus estimates are for the company to record a per-share loss of 53 cents for the three-month period, an improvement over the $1.06 per-share loss it reported in the year-ago period. Revenue, meanwhile, is expected to climb 73.6% YoY to $344.0 million.
Unfortunately, credit card fraud is all too common, accounting for 393,207 of the nearly 1.4 million reports of identity theft in 2020. There are many different ways for identity theft to occur. One hazard to look out for is the credit card skimmers that are most commonly lurking at ATMs or gas station pumps. To […]
The post How to Identify a Credit Card Skimmer and Protect Yourself appeared first on SoFi.
Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners. College costs are overwhelming for a lot of families. So students turn to student loans to cover them. Most students, following expert recommendations, start with [â¦]
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.