Q1 2024 Earnings Conference Call Recaps

Bespoke’s Conference Call Recaps provide helpful summaries of corporate conference calls throughout earnings season.  We go through the conference calls of some of the most important companies in the market and summarize key topics covered by management.  These recaps include information regarding each company’s financial results, growth by segment, as well as some aspects of the business that management expects to impact future results.  We also identify trends emerging for the broader economy in these recaps.

Bespoke’s Conference Call Recaps are available at the Bespoke Institutional level only.  You can sign up for Bespoke Institutional now and receive a 14-day trial to read our newest Conference Call recaps.  To sign up, choose either the monthly or annual checkout link below:

Bespoke Institutional – Monthly Payment Plan

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Below is a list of the Conference Call Recaps published during the Q1 2024 and Q4 2023 earnings reporting periods.

Q1 2024 Recaps:

NVIDIA: Q1 2025


Target: Q1 2024


Toll Brothers: Q2 2024


Palo Alto: Q3 2024


Walmart: Q1 2025


Home Depot: Q1 2024


Airbnb: Q1 2024


Uber: Q1 2024


Palantir: Q1 2024


Apple: Q2 2024


Shake Shack: Q1 2024


Generac: Q1 2024


Amazon: Q1 2024


Restaurant Brands Intl: Q1 2024


Microsoft: Q3 2024


Alphabet: Q1 2024


Northrop Grumman: Q1 2024


Chipotle: Q1 2024


Meta Platforms: Q1 2024


General Motors: Q1 2024


Tesla: Q1 2024


PepsiCo: Q1 2024


Cadence Design: Q1 2024


American Express: Q1 2024


Netflix: Q1 2024


D.R. Horton: Q2 2024


CSX: Q1 2024


Las Vegas Sands: Q1 2024


United Airlines: Q1 2024


ASML: Q1 2024


Big Banks (JPM, C, GS, BAC, MS): Q1 2024


Delta Air Lines: Q1 2024


Lamb Weston: Q3 2024


Conagra Brands: Q3 2024

RH: Q4 2023

FedEx: Q3 2024

Nike: Q3 2024

Lululemon: Q4 2023

General Mills: Q3 2024

Q4 2023 Recaps:

Williams Sonoma: Q4 2023
Nordstrom: Q4 2023
AeroVironment: Q3 2024
Aaron’s: Q4 2023
NVIDIA: Q4 2024
Walmart: Q4 2024
Home Depot: Q4 2023
Deere: Q4 2023
Generac: Q4 2023
Airbnb: Q4 2023
AutoNation: Q4 2023
Restaurant Brands International: Q4 2023
Shopify: Q4 2023
Cloudflare: Q4 2023
Hershey: Q4 2023
Disney: Q1 2024
Arm: Q3 2024
Uber: Q4 2023
Chipotle: Q4 2023
Spotify: Q4 2023
Simon Property: Q4 2023
Palantir: Q4 2023
Caterpillar: Q4 2023
McDonald’s: Q4 2023
Apple: Q1 2024
Amazon: Q4 2023
Meta Platforms: Q4 2023
Honeywell: Q4 2023
Old Dominion Freight: Q4 2023
Starbucks: Q1 2024
Microsoft: Q2 2024
United Parcel Service: Q4 2023
Alphabet: Q4 2023
Whirlpool: Q4 2023
Super Micro Computer: Q2 2024
Norfolk Southern: Q4 2023
American Express: Q4 2023
IBM: Q4 2023
Tesla: Q4 2023
ASML: Q2 2024
Texas Instruments: Q4 2023
Netflix: Q4 2023
RTX: Q4 2023
3M: Q4 2023
General Electric: Q4 2023
Schlumberger: Q4 2023
PPG Industries: Q4 2023
Taiwan Semiconductor: Q4 2023
H.B. Fuller: Q4 2023
Fastenal: Q4 2023
Big Banks (JPM, C, BAC, GS): Q4 2023
Delta Air Lines: Q4 2024
Constellation Brands: Q3 2024
Conagra Brands: Q2 2024
Lamb Weston: Q2 2024
Walgreens: Q1 2024
FedEx: Q2 2024
Costco: Q1 2024
Brown-Forman: Q2 2024
SentinelOne: Q3 2024

 

 

Recaps published during Q1 2024 are available with a Bespoke Institutional subscription.

The Triple Play Report — 5/20/24

An earnings triple play is a stock that reports earnings and manages to 1) beat analyst EPS estimates, 2) beat analyst sales estimates, and 3) raise forward guidance.  You can read more about “triple plays” at Investopedia.com where they’ve given Bespoke credit for popularizing the term.  We like triple plays as an indication that a company’s business is firing on all cylinders, with better-than-expected results and an improving outlook.  A triple play is indicative of positive “fundamental momentum” instead of pure fundamentals, and there are always plenty of names with both high and low valuations on our quarterly list.

Bespoke’s Triple Play Report highlights companies that have recently reported earnings triple plays, and it features commentary from management on triple-play conference calls, company descriptions and analysis, and price charts.  Bespoke’s Triple Play Report is available at the Bespoke Institutional level only.  You can sign up for Bespoke Institutional now and receive a 14-day trial to read this week’s Triple Play Report, which features 24 new stocks.  To sign up, choose either the monthly or annual checkout link below:

Bespoke Institutional – Monthly Payment Plan

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Primoris (PRIM) is an example of a company that reported an earnings triple play recently. PRIM provides specialty contracting services, typically working on projects involving pipelines, facilities, power plants, water and wastewater systems, highway and bridge construction, and industrial maintenance. PRIM shares are up 57% YTD as shown in the steadily uptrending chart below.

Looking at the snapshot below from our Earnings Explorer, PRIM has been strong against EPS and revenue estimates over the last two years Before that, PRIM had struggled to meet revenue expectations due largely to weakness in its Pipeline segment. In reaction to this quarter’s triple play, PRIM was up 5% on 5/9.

As PRIM has since returned to YoY revenue growth, the increase has been driven by its Energy segment which sees scaling of solar and industrial construction. More specifically, PRIM highlighted grid modernization and demand for electrification as big reasons for optimism going forward as more companies bring AI to the forefront of their operations and begin to realize just how much power that will require. Despite lots of discussion around utilities lately, PRIM saw some of its strength offset by lower Utilities segment activity as seasonal delays and unfavorable weather conditions impacted revenue results. You can read more about PRIM and the 23 other triple plays in our newest report by starting a Bespoke Institutional trial today.

Bespoke Investment Group, LLC believes all information contained in these reports to be accurate, but we do not guarantee its accuracy. None of the information in these reports or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. This is not personalized advice. Investors should do their own research and/or work with an investment professional when making portfolio decisions. As always, past performance of any investment is not a guarantee of future results. Bespoke representatives or clients may have positions in securities discussed or mentioned in its published content.

The Triple Play Report — 5/10/24

An earnings triple play is a stock that reports earnings and manages to 1) beat analyst EPS estimates, 2) beat analyst sales estimates, and 3) raise forward guidance.  You can read more about “triple plays” at Investopedia.com where they’ve given Bespoke credit for popularizing the term.  We like triple plays as an indication that a company’s business is firing on all cylinders, with better-than-expected results and an improving outlook.  A triple play is indicative of positive “fundamental momentum” instead of pure fundamentals, and there are always plenty of names with both high and low valuations on our quarterly list.

Bespoke’s Triple Play Report highlights companies that have recently reported earnings triple plays, and it features commentary from management on triple-play conference calls, company descriptions and analysis, and price charts.  Bespoke’s Triple Play Report is available at the Bespoke Institutional level only.  You can sign up for Bespoke Institutional now and receive a 14-day trial to read this week’s Triple Play Report, which features 24 new stocks.  To sign up, choose either the monthly or annual checkout link below:

Bespoke Institutional – Monthly Payment Plan

Bespoke Institutional – Annual Payment Plan

Lantheus (LNTH) is an example of a company that reported an earnings triple play recently. It makes special medical products, including imaging agents, which are often liquids that patients drink or have injected. These agents help doctors see inside the body more clearly on scans like X-rays or MRIs. They highlight specific parts like organs or blood vessels, making it easier to diagnose certain diseases or cancer. The stock is currently in an uptrend after declining through the end of 2023 into the new year. From its low in January, LNTH is up close to 50% and is teetering on the level it traded at before its sharp drop last December due to prostate cancer treatment trial data that came in worse than Novartis AG’s (NVS).

Looking at the snapshot below from our Earnings Explorer, LNTH has come out on top against analyst estimates for some time now, with its fair share of triple plays mixed in. A streak of EPS beats goes back six years and counting, while its streak of revenue beats goes back 14 quarters. LNTH has also generated some big swings on its earnings days on a percentage basis.

Most important to the company are PYLARIFY, a Prostate-Specific Membrane Antigen (PSMA) PET imaging agent for Prostate cancer, and DEFINITY, an agent for ultrasound imaging. In 2024 alone, the American Cancer Society estimates that the US will see close to 300,000 new cases of prostate cancer and more than 35,000 deaths as diagnosis rates have increased. One in eight men will be diagnosed during their lifetime. LNTH also does work in other areas like Alzheimer’s and cardiology. You can read more about LNTH and the 23 other triple plays in our newest report by starting a Bespoke Institutional trial today.

Bespoke Investment Group, LLC believes all information contained in these reports to be accurate, but we do not guarantee its accuracy. None of the information in these reports or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. This is not personalized advice. Investors should do their own research and/or work with an investment professional when making portfolio decisions. As always, past performance of any investment is not a guarantee of future results. Bespoke representatives or clients may have positions in securities discussed or mentioned in its published content.

The Triple Play Report — 5/2/24

An earnings triple play is a stock that reports earnings and manages to 1) beat analyst EPS estimates, 2) beat analyst sales estimates, and 3) raise forward guidance.  You can read more about “triple plays” at Investopedia.com where they’ve given Bespoke credit for popularizing the term.  We like triple plays as an indication that a company’s business is firing on all cylinders, with better-than-expected results and an improving outlook.  A triple play is indicative of positive “fundamental momentum” instead of pure fundamentals, and there are always plenty of names with both high and low valuations on our quarterly list.

Bespoke’s Triple Play Report highlights companies that have recently reported earnings triple plays, and it features commentary from management on triple-play conference calls, company descriptions and analysis, and price charts.  Bespoke’s Triple Play Report is available at the Bespoke Institutional level only.  You can sign up for Bespoke Institutional now and receive a 14-day trial to read this week’s Triple Play Report, which features 31 new stocks.  To sign up, choose either the monthly or annual checkout link below:

Bespoke Institutional – Monthly Payment Plan

Bespoke Institutional – Annual Payment Plan

EMCOR (EME), one of nine Industrial companies in this report, is an example of a company that reported an earnings triple play recently.

EME has rallied 65.4% so far in 2024 and has traded above its 50 and 200-DMA consistently since the beginning of the year.

Looking at the snapshot below from our Earnings Explorer, EME has beaten both EPS and revenue estimates in all of the last eight quarters, with two triple plays including the most recent one.  All of the last eight quarterly earnings have produced positive one-day gains for the stock as well.

With a P/E ratio of 23.4, EME is close to the industry average of 19.5. What’s impressive about EME is that the company has been able to consistently beat EPS estimates by wider margins over the last eight quarters, as shown below. Revenue growth has also been solid.

As a mechanical and electrical infrastructure and building services company, EME benefits from increased infrastructure spending. The company sees high demand in high-tech and traditional manufacturing.  The emergence of AI technologies and big data projects are driving growth in network and communications. You can read more about EME and the 30 other triple plays in our newest report by starting a Bespoke Institutional trial today.

Bespoke Investment Group, LLC believes all information contained in these reports to be accurate, but we do not guarantee its accuracy. None of the information in these reports or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. This is not personalized advice. Investors should do their own research and/or work with an investment professional when making portfolio decisions. As always, past performance of any investment is not a guarantee of future results. Bespoke representatives or clients may have positions in securities discussed or mentioned in its published content.

The Triple Play Report — 4/15/24

An earnings triple play is a stock that reports earnings and manages to 1) beat analyst EPS estimates, 2) beat analyst sales estimates, and 3) raise forward guidance.  You can read more about “triple plays” at Investopedia.com where they’ve given Bespoke credit for popularizing the term.  We like triple plays as an indication that a company’s business is firing on all cylinders, with better-than-expected results and an improving outlook.  A triple play is indicative of positive “fundamental momentum” instead of pure fundamentals, and there are always plenty of names with both high and low valuations on our quarterly list.

Bespoke’s Triple Play Report highlights companies that have recently reported earnings triple plays, and it features commentary from management on triple-play conference calls, company descriptions and analysis, and price charts.  Bespoke’s Triple Play Report is available at the Bespoke Institutional level only.  You can sign up for Bespoke Institutional now and receive a 14-day trial to read this week’s Triple Play Report, which features 14 new stocks.  To sign up, choose either the monthly or annual checkout link below:

Bespoke Institutional – Monthly Payment Plan

Bespoke Institutional – Annual Payment Plan

Cintas (CTAS), a workplace health and safety company, is an example of a company that reported an earnings triple play recently.

CTAS has been trending up for quite some time now and has traded above its 50 and 200-DMA consistently since last October.

Looking at the snapshot below from our Earnings Explorer, in its last 20 earnings reports, or five years of earnings, CTAS has beaten both EPS and revenue estimates 100% of the time. Its triple play on March 27th is just the company’s fourth over this stretch, however, which resulted in a one-day gain of 8.25%. Tallying five straight years of earnings beats is no easy task, especially when those five years include a global pandemic. Ultimately, CTAS was able to succeed through the pandemic as revenue for First Aid and Safety Services surged despite declines in Uniform Rental and Facility Services as many businesses suffered.

Fast forward to today, CTAS’s health and safety products remain in high demand in a post-pandemic world. Uniform Rental and Facility Services remains the core of CTAS’s business with steady growth while First Aid and Safety Services grew double-digits versus the prior year due to strong demand and higher margin products, like AED rentals, in that category. This quarter also highlighted the SmartTruck technology to aid efforts in optimizing its delivery and service routes to minimize costs and improve speed. Six Sigma was also mentioned as a benefit for improving manufacturing processes by eliminating defects and guaranteeing quality. You can read more about CTAS and the 13 other triple plays in our newest report by starting a Bespoke Institutional trial today.

Bespoke Investment Group, LLC believes all information contained in these reports to be accurate, but we do not guarantee its accuracy. None of the information in these reports or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. This is not personalized advice. Investors should do their own research and/or work with an investment professional when making portfolio decisions. As always, past performance of any investment is not a guarantee of future results. Bespoke representatives or clients may have positions in securities discussed or mentioned in its published content.

Q4 2023 Earnings Conference Call Recaps

Bespoke’s Conference Call Recaps provide helpful summaries of corporate conference calls throughout earnings season.  We go through the conference calls of some of the most important companies in the market and summarize key topics covered by management.  These recaps include information regarding each company’s financial results, growth by segment, as well as some aspects of the business that management expects to impact future results.  We also identify trends emerging for the broader economy in these recaps.

Bespoke’s Conference Call Recaps are available at the Bespoke Institutional level only.  You can sign up for Bespoke Institutional now and receive a 14-day trial to read our newest Conference Call recaps.  To sign up, choose either the monthly or annual checkout link below:

Bespoke Institutional – Monthly Payment Plan

Bespoke Institutional – Annual Payment Plan

Below is a list of the Conference Call Recaps published during the Q4 2023 and Q3 2023 earnings reporting periods.

Q4 2023 Recaps:

Williams Sonoma: Q4 2023


Nordstrom: Q4 2023


AeroVironment: Q3 2024


Aaron’s: Q4 2023


NVIDIA: Q4 2024


Walmart: Q4 2024


Home Depot: Q4 2023


Deere: Q4 2023


Generac: Q4 2023


Airbnb: Q4 2023


AutoNation: Q4 2023


Restaurant Brands International: Q4 2023


Shopify: Q4 2023


Cloudflare: Q4 2023


Hershey: Q4 2023


Disney: Q1 2024


Arm: Q3 2024


Uber: Q4 2023


Chipotle: Q4 2023


Spotify: Q4 2023


Simon Property: Q4 2023


Palantir: Q4 2023


Caterpillar: Q4 2023


McDonald’s: Q4 2023


Apple: Q1 2024


Amazon: Q4 2023


Meta Platforms: Q4 2023


Honeywell: Q4 2023


Old Dominion Freight: Q4 2023


Starbucks: Q1 2024


Microsoft: Q2 2024


United Parcel Service: Q4 2023


Alphabet: Q4 2023


Whirlpool: Q4 2023


Super Micro Computer: Q2 2024


Norfolk Southern: Q4 2023


American Express: Q4 2023


IBM: Q4 2023


Tesla: Q4 2023


ASML: Q2 2024


Texas Instruments: Q4 2023


Netflix: Q4 2023


RTX: Q4 2023


3M: Q4 2023


General Electric: Q4 2023


Schlumberger: Q4 2023


PPG Industries: Q4 2023


Taiwan Semiconductor: Q4 2023


H.B. Fuller: Q4 2023


Fastenal: Q4 2023


Big Banks (JPM, C, BAC, GS): Q4 2023


Delta Air Lines: Q4 2024


Constellation Brands: Q3 2024


Conagra Brands: Q2 2024


Lamb Weston: Q2 2024


Walgreens: Q1 2024


FedEx: Q2 2024


Costco: Q1 2024


Brown-Forman: Q2 2024


SentinelOne: Q3 2024

Q3 2023 Recaps:

Deere: Q4 2023
Dick’s Sporting Goods: Q3 2024
Walmart: Q3 2024
Target: Q3 2024
Home Depot: Q3 2024
Tyson Foods: Q4 2023
Kelly Services: Q3 2023
Stride: Q1 2024
Eaton: Q3 2023
Caterpillar: Q3 2023
McDonald’s: Q3 2023
Ford: Q3 2023
Amazon: Q3 2023
Meta: Q3 2023
General Dynamics: Q3 2023
Microsoft: Q1 2024
Alphabet: Q3 2023
Spotify: Q3 2023
3M: Q3 2023
Autoliv: Q3 2023
Tesla: Q3 2023
Netflix: Q3 2023
JB Hunt: Q3 2023
Lockheed Martin: Q3 2023
Big Banks (JPM, C, BAC, GS): Q3 2023
Delta Air Lines: Q3 2023
PepsiCo: Q3 2023
Conagra Brands: Q1 2024
Lamb Weston: Q1 2024
Nike: Q1 2024
Costco: Q4 2023
MillerKnoll: Q1 2024
FedEx: Q1 2024
AutoZone: Q4 2023
Lennar: Q3 2023
Dave & Buster’s: Q2 2023
AeroVironment: Q1 2024

Recaps published during Q1 2023 are available with a Bespoke Institutional subscription.