Q: Your thoughts please on the recent quarter?Thx
5i Research Answer:
EPS of $1.44 beat estimates of $1.15. Revenue of $10.63B beat estimates of $10.40B. EBITDA of $612M did miss estimates of $893M. We count three target price upgrades already on the results. Sales did decline year over year. Sales guidance for 2025 was raised. Not significantly, but certainly expectations were low as well. We can't quite call a bottom, but this quarter was a good start to seeing some improvement here.