Excellent Insight into Best Practices Rebecca was passionate and engaging during the IR Immersion. She provided excellent insight into best practices and answered many difficult questions posed to her. CEO | Materials | Large-cap
Interactions with the Corbin Team was Extremely Helpful The presentation practice and feedback was extremely helpful. The knowledge that Corbin brings to external communications and interaction with analysts and investors was impactful to the success of our Investor Day. EVP | Industrials | Large-cap
Broadly, executives point to a continuation of consumer trends seen in recent quarters, with affordability and strained budgets shifting spending away from higher-ticket discretionary items.
Earnings season continues to march on, demonstrating that it’s tough out there from a top-line perspective. Something to be aware of, more companies continue to highlight cost-cutting initiatives, raising the level, while layoff announcements and restructurings underpinned by headcount reductions are on the rise.
Every year, we carry on our tradition of dressing up and spending the day together at our Farmington, CT headquarters and virtually, too! This year, we had some creative and strong competition for the “Best” costume. We’ll let you judge for yourself!
Our Sector Spotlight: Building Products evaluates 33 publicly traded North American Building Products companies to identify the factors leading to premium status, as well as recommended communication strategies to maximize your company’s valuation.
While performances have varied from company to company, EPS beats for the roughly 45% of S&P 500 Industrials that have reported Q3 figures have so far come in at a healthy clip — 65% have topped consensus.
While there is hope for a greater sense of clarity once past the U.S. election (less than two weeks away!), shifting policy implications remain a wild card, and geopolitical tensions have shown no signs of abating. In addition, the impact of Fed rate cuts will take time to be felt, while recent hurricanes in the Southeast and evolving labor actions are adding to near-term headwinds in some sectors.
Continuing last quarter’s earnings season trend, U.S. Banks are largely reporting strong results relative to Street expectations with most posting solid Q3 beats on the top- and bottom-line.
Overall U.S. Bank commentary is more upbeat than expected on a resilient economy, but executives remain guarded in their comments around the road ahead given ongoing risks with heightened geopolitical turmoil and an uncertain U.S. political landscape as we march toward the November U.S. presidential election.
