Posts by: Steve Birenberg
CBS reported a good quarter beating consensus EPS estimates comfortably with small upside in revenues. The implication is good performance on profit margins and that was indeed the case especially…
Liberty Global (LBTYK) reported slightly disappointing 1Q16 earnings. However, the 2016 was maintained and the long-term story is intact. Management made a strong case that any shortfalls were not unexpected…
Liberty Media reported results following its split into three tracking stocks. Northlake sold the shares that track ownership of the Atlanta Braves, the team’s new stadium, and the real estate…
Activision Blizzard (ATVI) bounced back from a disappointing end to 2015 with a strong beat on sales and earnings in the first quarter of 2016. ATVI also increased guidance for…
Comcast (CMCSA) reported another good quarter, seemingly a habit for the company. Against a lot of noise and negative headline regarding cord cutting, cord shaving, anti-cable regulation, and technological change,…
Apple (AAPL) reported a disappointing quarter and issued guidance for the June quarter that was below expectations. Missing the quarter on revenue and EPS is highly unusual for Apple. There…
In our initial blog post on Facebook (FB), we noted that the shares could reach $140 based on $4.00 in EPS power in 2017. After another blowout quarter in 1Q16,…
ClubCorp (MYCC) reported another solid quarter further putting to bed the bear case that has led the stock to decline by more than 30% in 2016. The concerns have revolved…
Northlake’s Market Cap model shifted to mid cap from large cap for May. As a result, client holdings in the S&P 500 that are linked to the model will be…
Google (GOOG/GOOGL) reported slightly disappointing revenue and lower than expected EPS against elevated street expectations for 1Q16. The shares are trading down by -5-6% this morning. The decline in the…
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