co$NA+NA%
cl$99.39+3.0055%
ng$4.79+5.2747%
ba$186.89+1.3778%
hwm$82.68+0.4129%
hxl$63.66+2.2815%
wwd$183.13+2.1133%
rtx$113.95+0.423%
ge$169.81+3.1214%
txt$92.06+0.8435%
tgi$16.67+1.7705%
trs$27.51+1.7382%
tdg$1234.86+0.5243%
spr$35.57+0.169%
lmt$524.8+0.6521%
hon$202.74+0.1432%
hei$234.23+1.5037%
gd$290.4-0.1993%
cw$280.32+0.5524%
air$66.62+0.513%
b$41.1-2.3985%
aph$63.86+3.4003%
aal$10.62+0.1887%
dal$44.13+1.5183%
ual$47.37+1.3913%
save$2.96+2.7778%
luv$27.23-3.0271%
jblu$6.21+2.9851%
alk$39.46+2.0165%
arnc$NA+NA%
ati$65.54+1.9602%
crs$140.78+4.4672%
hayn$59.78+0.5382%
nue$160.89+2.4647%
rs$304.05-1.3305%
stld$130.54+2.3041%
schn$NA+NA%
aa$33.43+1.5801%
x$40.75+0.2953%
ryi$25.56+1.1476%
zeus$50.7+1.5218%
clf$15.47+1.3761%
kalu$77.76-0.3843%
wor$50.8+1.4377%
vale$10.86+1.4953%
mt$22.72+0.9329%
ggb$3.23-0.3086%
tmst$NA+NA%
fcx$45+1.0555%
cstm$16.99-0.5269%
cenx$15.42+1.715%
io$NA+NA%
hrc$NA+NA%
al$49.47+2.4012%

MCD (Post-Call) Some Challenges, and Some Bright Spots

By Mark Kalinowski Published on July 28, 2020 at 12:00 AM

Earlier today, McDonald’s (MCD; Buy, $199.26) reported Q2 EPS of $0.65, short of our $0.85 forecast and sell-side consensus (according to Consensus Metrix) of $0.73. There was a $31 million one-time payment to distribution centers for obsolete inventory, and an increase in bad debt reserve (related to rents and royalty deferrals) of $45 million. By our math, these items combined represent about 8 cents on an EPS basis. For more info see today’s 8-K at:
http://d18rn0p25nwr6d.cloudfront.net/CIK-0000063908/ fea3a523-303b-43df-830a-5228f5ee4148.pdf

WEN (Post-Call) 2019 Craves Some Digital Investments

By Mark Kalinowski Published on February 21, 2019 at 12:00 AM

Earlier today, Wendy’s (WEN; Neutral) reported Q4 2018 adjusted EPS of $0.16, one cent above our $0.15 forecast and the sell-side consensus (according to Consensus Metrix) of $0.15. Fourth-quarter adjusted EBITDA of $107.8 million was a little short of our $110.1 million projection and consensus of $108.4 million. Company-operated restaurant margins of 16.0% were short of our 17.5% forecast and consensus of 17.4%.