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hdyl Is it Time to Buy Canadian Imperial Bank of Commerce Shares - JeaoneGrike - 09-26-2024
Acwg This 1 Stock Is All You Need for Lifelong Passive Income
On Tuesday, Aurora Cannabis TSX:ACB NYSE:ACB stock soared 15% on the same day it revealed a $1.8č˝billion loss. Earnings were released on market close, so the gains came before the loss was revealed. Investors were apparently expecting an earnings beat but were disappo stanley cup inted.Lately, there been a lot of optimism surrounding Aurora cost-cutting strategy. The company has been making great strides in lowering costs for several quarters, which may have caused the pre-earnings jump. The cost cutting wasn ;t enough to prevent the company biggest quarterly net loss ever. However, as you ;re about to s stanley cupe ee, that loss may be deceiving.The loss was deceivingWhile Aurora $1.8 billion loss in Q4 was shocking, stanley cup it wasn ;t a true cash loss. It was mainly caused by impairment, an accounting charge that comes when a past acquisition proves less valuable than thought. When you take an impairment charge, your balance sheet assets are reduced. This also causes Ejgg Fear Another Market Crash in 2020 Buy These 3 Stocks Now
TransCanada Corporation TSX:TRP NYSE:TRP , one of North America s leading operators of natural gas pipelines and gas store facilities, announced fourth-quarter earnings results on the morning of February 13, and its stock has responded by falling about 4% in the trading sessions since. Let s take a c vaso stanley loser look at the quarterly results to determine if we should consider using this weakness as a long-term buying opportunity, or avoid an investment for the time being.The better-than-expec stanley france ted resultsHere a summary of TransCanada s fourth-quarter earnings results compared to what analysts had expected and its results in the same period a year ago.MetricReportedExpectedYear AgoEarnings Per Share$0.72$0.62$0.58Rev stanley tumbler enue$2.62 billion$2.58 billion$2.33 billionSource: Financial TimesTransCanada s earnings per share increased 24.1% and its revenue increased 12.2% compared to the fourth quarter of fiscal 2013. The company s very strong earnings per share growth can be attributed to compara