Earnings Call Insights: Grupo Aeroportuario del Sureste (ASR) Q1 2026 Management View "We expected the first quarter of 2026 to reflect a period of transition for ASUR" (CEO, Director of Finance and Chief Financial & Strategic Planning Officer Adolfo Castro Rivas), adding that results were pressured "by the security-related events beginning on February 22" and "the TSA-related disruptions in the U...
Earnings Call Insights: Grupo Aeroportuario del Sureste (ASR) Q1 2026 Management View "We expected the first quarter of 2026 to reflect a period of transition for ASUR" (CEO, Director of Finance and Chief Financial & Strategic Planning Officer Adolfo Castro Rivas), adding that results were pressured "by the security-related events beginning on February 22" and "the TSA-related disruptions in the U.S. airports, which also impacted Puerto Rico." "This makes the first full quarter of consolidation of our U.S. commercial platform" (CEO Castro Rivas), and he said, "We expect gradual improvement as the platform scales, supported by the new commercial openings in Terminal 8 and the upcoming opening of the Terminal 1 this year, both at GF." "We remain focused on completing the Motiva transaction, which is now pending remaining regulatory approvals and is expected to close in the second quarter this year" (CEO Castro Rivas), calling it "a step change in scale and geographic diversification" and reiterating: "Our strategy remains consistent, diversifying our revenue base, including a greater focus on nonregulated revenue." "Total passenger traffic increased 1.9% year-on-year" (CEO Castro Rivas), with "Colombia... up 11%" and "Traffic in Cancun declined 2% during the quarter, while the other 8 airports in Mexico grew by 5%." "Total revenues increased 2.2% year-on-year, reaching MXN 8.4 billion" (CEO Castro Rivas), and he attributed this to "a nearly 9% increase in non-aeronautical revenues" including "approximately MXN 438 million in non-aeronautical revenue" from the U.S. platform. Outlook "We believe these factors were temporary and do not reflect a change in the underlying demand" (CEO Castro Rivas) regarding the security- and TSA-related disruptions. "As we move through the year, we expect to see difficult operating conditions, including higher fuel prices and recent capacity reductions" (CEO Castro Rivas). "We... expected to close in the second quarter this year" (CEO Cas...
Morsa Images/DigitalVision via Getty Images At its last close, nutrition supplements and fitness programs provider The Beachbody Company, Inc. ( BODI ), was at $14.4. This is just a little over 2% of its price at listing in 2021 and is a clear tell that things haven't gone well for the company, as evident in its financials. But a turnaround is underway, and that has clearly impressed investors con...
Morsa Images/DigitalVision via Getty Images At its last close, nutrition supplements and fitness programs provider The Beachbody Company, Inc. ( BODI ), was at $14.4. This is just a little over 2% of its price at listing in 2021 and is a clear tell that things haven't gone well for the company, as evident in its financials. But a turnaround is underway, and that has clearly impressed investors considering that BODI is up by 276% over the past year. First, a look at the restructuring program and its encouraging results so far. An outlook for the company is developed next, followed by a look at its market multiples. Price Return (1y): BODI and SP500 (Source: Seeking Alpha) Post-Pandemic Challenges... When Beachbody got listed in 2021, the time seemed just right. It had done well in 2020, with 10% revenue growth, a 71% gross margin, and a positive adjusted EBITDA, even with an underwhelming margin of 6%. But in 2021, signs of weakness already started showing. Revenue growth dwindled to just 1.1%, the gross margin dropped by almost 9 percentage points, and the company fell into a loss on an adjusted EBITDA basis. It was to be expected, though. As an online fitness solutions provider, its demand was affected in the post-lockdown world. The downhill trajectory for the company in the succeeding years was more disappointing. By 2023, the company's revenues had dropped by 33% even from its pre-pandemic levels of 2019, and the gross margin was down by over 10 percentage points to 61.3%. To its credit, while the adjusted EBITDA loss margin shrank to just 1.7% from 9.9% in 2021, the fact remained that Beachbody was still making losses. Source: The Beachbody Company ... Led to Dramatic Restructuring To get a grip on the dramatic slip in performance, the company embarked on a restructuring program in September 2024. The key actions to undertake in the program were as follows: Improving Financial Performance The first phase of this restructuring's organization was to "centered on ...
The S&P 500 (SNPINDEX:^GSPC) fell 0.42% to 7,108.04, the Nasdaq Composite (NASDAQINDEX:^IXIC) slid 0.89% to 24,438.50, and the Dow Jones Industrial Average (DJINDICES:^DJI) dipped 0.36% to 49,310.31 as new developments in the Iran War and tech weakness offset energy strength
The S&P 500 (SNPINDEX:^GSPC) fell 0.42% to 7,108.04, the Nasdaq Composite (NASDAQINDEX:^IXIC) slid 0.89% to 24,438.50, and the Dow Jones Industrial Average (DJINDICES:^DJI) dipped 0.36% to 49,310.31 as new developments in the Iran War and tech weakness offset energy strength
Tesla Inc. CEO Elon Musk, speaking at the company’s first-quarter 2026 earnings call on Sunday, said that the company plans to use Intel Corp's next-generation 14A manufacturing process for chips at Terafab, the advanced AI chip complex he has envisioned in Austin. Intel Gains A Crucial Outside Customer Intel CEO Lip-Bu Tan warned last year that the company could exit chip manufacturing if it fail...
Tesla Inc. CEO Elon Musk, speaking at the company’s first-quarter 2026 earnings call on Sunday, said that the company plans to use Intel Corp's next-generation 14A manufacturing process for chips at Terafab, the advanced AI chip complex he has envisioned in Austin. Intel Gains A Crucial Outside Customer Intel CEO Lip-Bu Tan warned last year that the company could exit chip manufacturing if it fails to secure an external customer, highlighting the stakes of any Tesla deal. Intel previously said i
(RTTNews) - First Financial Bancorp. (FFBC) Thursday reported first-quarter net income of $74.4 million, or $0.71 per share, compared to $51.3 million or $0.54 per share last year.
(RTTNews) - First Financial Bancorp. (FFBC) Thursday reported first-quarter net income of $74.4 million, or $0.71 per share, compared to $51.3 million or $0.54 per share last year.
monsitj/iStock via Getty Images Gold futures fell Thursday for the seventh time in the last 10 sessions, weighed by concerns that inflationary effects of the Middle East war could keep interest rates higher for longer. Higher energy prices since the conflict began in late February have sparked fears about price pressures, which could cause the U.S. Federal Reserve and other central banks to keep i...
monsitj/iStock via Getty Images Gold futures fell Thursday for the seventh time in the last 10 sessions, weighed by concerns that inflationary effects of the Middle East war could keep interest rates higher for longer. Higher energy prices since the conflict began in late February have sparked fears about price pressures, which could cause the U.S. Federal Reserve and other central banks to keep interest rates elevated for longer or even raise them further, which would be a negative for non-yielding assets such as gold. "Persistent inflation risks from the prolonged energy shock have reinforced expectations that central banks may keep interest rates elevated for longer," MUFG's Soojin Kim said. "As a result, gold continues to face headwinds." Media reports that clearing Iranian sea mines could take up to six months "highlight the risk that energy supply constraints—and inflation pressures—will linger well into year-end," NAB's head of markets research Skye Masters said in a note, adding that U.K. inflation surprised to the upside on fuel and services. Front-month Comex gold ( XAUUSD:CUR ) for April delivery fell 0.6% to $4,705.10/oz, and front-month Comex April silver ( XAGUSD:CUR ) slumped 3.1% to $75.465/oz. ETFs: ( GLD ), ( GDX ), ( GDXJ ), ( IAU ), ( NUGT ), ( PHYS ), ( GLDM ), ( AAAU ), ( SGOL ), ( DUST ), ( RING ), ( BAR ), ( OUNZ ), ( SLV ), ( PSLV ), ( SIVR ), ( SIL ), ( SILJ ) More on gold and silver Markets Are Stuck In The Waiting For U.S.-Iran Talks Silver: The Big Picture Perspective Of The Silver Elephant Commodities: Oil Moves Higher As Peace Talks Look Shaky
Although the revenue and EPS for Intel (INTC) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Although the revenue and EPS for Intel (INTC) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
US President Donald Trump speaks during a healthcare affordability event in the Oval Office of the White House in Washington, DC, US, on Thursday, April 23, 2026. Will Oliver | Bloomberg | Getty Images Israel and Lebanon agreed to extend their ceasefire by three weeks following a meeting in the White House with top U.S. officials, President Donald Trump said Thursday. "The Meeting went very well!"...
US President Donald Trump speaks during a healthcare affordability event in the Oval Office of the White House in Washington, DC, US, on Thursday, April 23, 2026. Will Oliver | Bloomberg | Getty Images Israel and Lebanon agreed to extend their ceasefire by three weeks following a meeting in the White House with top U.S. officials, President Donald Trump said Thursday. "The Meeting went very well!" Trump said in a Truth Social post announcing the extension of the temporary truce. "The United States is going to work with Lebanon in order to help it protect itself from Hezbollah," Trump wrote, referring to the Iran-backed militia group. "The Ceasefire between Israel and Lebanon will be extended by THREE WEEKS," he wrote. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.