Q: In quarters in which HPS.A does particularly well, executive compensation tends to sink the shares. Earnings are due on March 18. Is this one of the quarters likely to produce significant executive compensation or will comparison to the previous quarter dampen the exec comp and help the shares?
5i Research Answer:
Based on the stocks' price movement for the quarter that will be reported, we think stock-based compensation will come in high, but not necessarily as high as the amounts from its large rise in share price during 2023 to 2024. We feel the setup is better than in previous quarters or years. Stock based compensation will probably still distort earnings, but less likely to disrupt shares that much.