Topics: Accelerating; 5 Short Squeeze Penny Stocks To...; Credit Suisse mulls IPO for CS... and many other

[Limex] Dear {NAME}, Some topics you might have missed. --------------------------------------------------------------- [Accelerating]( Markets move in seconds when economic data and corporate news surfaces. Lightning fast access to accurate analysis - this is the edge that keeps … [Read more]( Bloomberg.com --------------------------------------------------------------- [5 Short Squeeze Penny Stocks To Buy For Under $5 Right Now]( Penny Stocks Ready To Squeeze? If you’re unfamiliar with the definition of penny stocks , we’re talking about cheap shares typically trading for less … [Read more]( Penny Stocks [PennyStocks.com] --------------------------------------------------------------- [Credit Suisse mulls IPO for CS First Boston - source]( © Reuters. The logo of Swiss bank Credit Suisse is seen in front of an office building in Zurich, Switzerland October 26, 2022. REUTERS/Arnd … [Read more]( Elliottwave Forecast --------------------------------------------------------------- [Best Income Stocks to Buy for October 27th]( Here are three stocks with buy rank and strong income characteristics for investors to consider today, October 27th: SouthState Corporation … [Read more]( Zacks --------------------------------------------------------------- [KLA's (KLAC) Earnings and Revenues Beat Estimates in Q1]( KLA Corporation KLAC reported first-quarter fiscal 2023 earnings per share of $7.06, beating the Zacks Consensus Estimate by 13.5%. The … [Read more]( Zacks --------------------------------------------------------------- [Bread Financial (BFH) Q3 Earnings In Line, Credit Sales Rise]( Bread Financial Holdings’ BFH operating earnings of $2.69 per share for the third quarter of 2022 were in line with the Zacks Consensus Estimate but missed our estimate of $3.11. The bottom line plunged 39.8% year over year. Behind the Headlines Revenues increased 15% year over year to $979 million, resulting from higher average loan balances and improved loan yields. The top line missed the consensus estimate by 0.6% but surpassed our estimate of $937 million. Credit sales increased 4% to $7.7 billion, driven by existing partners, as well as new product and brand partner additions. Average receivables of $17.6 billion were up 14% year over year. Total interest income increased 22.5% to $1.2 billion and beat our estimate of $1.1 billion. The net interest margin expanded 100 basis points to 19.9%. Total non-interest expenses increased 13% to $486 million, primarily attributable to an increase in compensation and benefit expense and information processing and communication expenses. Our estimate was $477.1 million. The delinquency rate of 5.7% deteriorated 290 basis points year over year, while the net loss rate of 5% deteriorated 100 basis points from the year-ago period. Pre-tax pre-provision earnings increased 17% year over year to $420 million, reflecting profitable growth and continued success with business transformation efforts. Our estimate was $460.1 million. Financial Update As of Sep 30, 2022, cash and cash equivalents were $3.6 billion, up 17.6% from the 2021 level. At quarter-end, the debt level was down 3.5% from 2021-end to about $2 billion. Tangible book value of $34.30 per share as of Sep 30, 2022 improved 10% over 2021 end. Cash from operations increased 11.8% year over year to $1.4 billion in the first nine months of 2022. Capital expenditure at Bread Financial decreased 10.2% year over year to $53 million in the same period. Dividend Update The board of directors approved a quarterly dividend of 21 cents to be paid out on Dec 16 to stockholders of record as of Nov 14. Guidance Management estimates average receivables growth in the low double-digit range from the 2021 level. Total revenue growth is expected to be closely aligned with average loan growth. Total non-interest expenses are expected to reflect positive operating leverage. Total expenses will sequentially increase in the fourth quarter of 2022, given the ongoing investment in technology modernization, digital advancement, marketing, and product innovation, along with strong portfolio growth. The net loss rate is guided in the high end of the low-to-mid 5% range. Zacks Rank Bread Financial currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Performance of Other Industry Players Mastercard Incorporated MA reported third-quarter 2022 adjusted earnings of $2.68 per share, which outpaced the Zacks Consensus Estimate by 4.3%. The bottom line advanced 13% year over year. Revenues of $5.8 billion rose 15% year over year and beat the consensus mark by 1.8%. Gross Dollar Volume (representing the aggregated dollar amount of purchases made and cash disbursements obtained from MasterCard-branded cards) improved 11% year over year on a local-currency basis to $2.1 trillion. Cross-border volumes (a key measure that tracks spending on cards beyond the issuing country) soared 44% year over year on a local-currency basis. Switched transactions, which indicate the number of times a company’s products are used to facilitate transactions, came in at 32.4 billion. The metric rose 9% year over year. Visa Inc.’s V fourth-quarter fiscal 2022 earnings of $1.93 per share outpaced the Zacks Consensus Estimate of $1.86 and our estimate of $1.83. The bottom line climbed 19% year over year. Net revenues improved 19% year over year to $7,787 million during the September quarter. The top line beat the Zacks Consensus Estimate of $7,544 million and our estimate of $7,547.9 million. On a constant-dollar basis, the payments volume of Visa rose 10% year over year. Processed transactions (implying transactions processed by Visa) advanced 12% year over year to 50.9 billion, despite inflation and rising interest rate worries, beating our estimate of 49.5 billion. The total cross-border volume of Visa, on a constant dollar basis, rose 36% year over year in the quarter under review. Excluding transactions within Europe, V’s cross-border volume (that usually boosts the company’s international transaction revenues) grew 49% year over year on a constant-dollar basis. Upcoming Release Global Payments GPN is set to report third-quarter 2022 results on Oct 31. The Zacks Consensus Estimate for the third quarter is pegged at $2.49, indicating an increase of 14.2% from the year-ago reported figure. Global Payments delivered an earnings surprise in each of the last four quarters. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the Recession Want the latest recommendations from Zacks Investment Research? Today, you can download … [Read more]( TipRanks --------------------------------------------------------------- [Mohawk Industries (MHK) Q3 Earnings Meet Estimates]( Mohawk Industries (MHK) came out with quarterly earnings of $3.34 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $3.95 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this flooring maker would post earnings of $4.35 per share when it actually produced earnings of $4.41, delivering a surprise of 1.38%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Mohawk Industries, which belongs to the Zacks Textile - Home Furnishing industry, posted revenues of $2.92 billion for the quarter ended September 2022, missing the Zacks Consensus Estimate by 4.62%. This compares to year-ago revenues of $2.82 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Mohawk Industries shares have lost about 45.9% since the beginning of the year versus the S&P 500's decline of -19.6%. What's Next for Mohawk Industries? While Mohawk Industries has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Mohawk Industries: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.44 on $2.94 billion in revenues for the coming quarter and $13.98 on $12.17 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Home Furnishing is currently in the bottom 7% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Interface (TILE), is yet to report results for the quarter ended September 2022. The results are expected to be released on November 4. This carpet tile company is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of -17.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Interface's revenues are expected to be $334.6 million, up 7% from the year-ago quarter. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the Recession Want the latest recommendations from Zacks Investment Research? Today, you can download … [Read more]( Cnbc.com --------------------------------------------------------------- [Aspen Technology (AZPN) Q1 Earnings & Revenues Beat Estimates]( Aspen Technology AZPN reported first-quarter fiscal 2023 non-GAAP earnings of $2.20 per share, beating the Zacks Consensus Estimate of … [Read more]( Zacks --------------------------------------------------------------- [InterContinental Hotels (IHG) Crossed Above the 50-Day Moving Average: What That Means for Investors]( InterContinental Hotels (IHG) reached a significant support level, and could be a good pick for investors from a technical perspective. … [Read more]( Zacks --------------------------------------------------------------- [Canadian Pacific (CP) Q3 Earnings Meet, Revenues Beat Mark]( Canadian Pacific ’s CP third-quarter 2022 earnings (excluding 3 cents from non-recurring items) of 77 cents (C$1.01) per share matched the … [Read more]( Zacks --------------------------------------------------------------- [Capital One Financial Corporation (COF) Q3 2022 Earnings Call Transcript]( Free forever. Get started! Never miss an important article again, stay on top of your investments and become a better investor today! Get your … [Read more]( Cnbc.com --------------------------------------------------------------- [Capital One Financial (COF)]( Free forever. Get started! Never miss an important article again, stay on top of your investments and become a better investor today! Get your … [Read more]( Cnbc.com Follow us limex.me limex.me Warning: The links given in this email provide an automatic login to your account. For security purposes, do not share them with anyone. You received this letter because you created a Limex/WhoTrades/Try2BFunded/Score Priority/Just2Trade account. Do you want to unsubscribe from email notifications? [Edit your message settings](.