Posts by: Steve Birenberg
Apple (AAPL) reported a beat and raise quarter affirming that the iPhone 11 cycle is proceeding better than expected. The report also contained good news with above consensus growth in…
Since the tragic shooting at Mandalay Bay in October 2017, MGM Resorts (MGM) has posted inconsistent results at its Las Vegas properties. There has been a lingering impact in Las…
Alphabet’s (GOOG/GOOGL) headline 3Q19 earnings release was mixed but after adjusting for one-time items, the report was a good one albeit lacking the upside relative to consensus estimates the company…
In what has become routine, Comcast (CMCSA) reported solid results with strength in the cable business offset by weaker trends at NBC Universal. Northlake sees more value creation on the…
Northlake has been monitoring IBM for some time in anticipation of an inflection point in the company’s revenue growth and margin profile. We purchased the shares last quarter thinking that…
There are no changes to recommendations of Northlake’s Market Cap and Style models for October. The Market Cap model favors large cap for a second consecutive month after six prior…
After six months recommending mid cap, Northlake’s Market Cap model has shifted to a large cap signal. Current client positions following the model and held in the S&P 400 Mid…
We have held off for a few days writing up the 2Q19 earnings report from CBS. It appears the company will finally announce its merger with Viacom and we wanted…
Nexstar Media Group (NXST) reported 2Q results very slightly below consensus estimates. All guidance was reiterated. The company guides based on average 2018 and 2019 results given the highly cyclical…
In last quarter’s review of Disney (DIS), we noted that “Over the next six months, Disney investors have little to worry about.” We also discussed how we enjoyed the earnings…
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