Paranaense de Energia: Q1 Earnings Snapshot
CURITIBA, Brazil — CURITIBA, Brazil — Companhia Paranaense de Energia (ELP) on Friday reported net income of $113.4 million in its first quarter.
The Curitiba, Brazil-based company said it had profit of 4 cents per share.
The power company posted revenue of $1 billion in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ELP at https://www.zacks.com/ap/ELP
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Wall Street Legend Bets Against Strategy -- Says Bitcoin Investors Are Paying Double
Jim Chanos (Trades, Portfolio) is backwith a trade that's turning heads. The famed short-seller behind the Enron call is now targeting Strategy (NASDAQ:MSTR), not for its crypto exposure, but because of it. On a recent podcast, Chanos laid out what he believes is one of the cleanest arbitrage setups he's seen in years: short MSTR, long Bitcoin (BTC-USD). His reasoning? At current prices, buying the stock is like paying $220,000 for Bitcoin that trades near $110,000. That's because MicroStrategy's share price still reflects a steep premium over the company's actual Bitcoin holdings, even after the spread has started to narrow. Warning! GuruFocus has detected 8 Warning Signs with MSTR. It's not just Chanos. Hedge funds have been circling this trade since MicroStrategy transformed itself into a kind of Bitcoin-holding company. Fueled by Michael Saylor's capital-raising spree, the firm has used equity and convertible debt to amass billions in BTC. Retail investors followed, helping push the stock far beyond its net asset value. While some bulls argue that leverage and zero-fee exposure justify the premium, skeptics are betting that rising dilution and tighter spreads will eventually bring the valuation back to earth. According to Bloomberg data, when factoring in dilution and stripping out the firm's legacy software business, MSTR is still trading at nearly double the value of its underlying crypto assets. Not everyone is jumping in. Firms like Kerrisdale promoted the trade in early 2024 but have since stepped away, citing timing challenges. TD Cowen analyst Lance Vitanza, meanwhile, believes the premium might persistthanks to Bitcoin-per-share growth and MicroStrategy's unique structure. For now, the short side is cheap to maintain, with borrow costs still low and liquidity deep. But risks remain: unexpected corporate shifts, volatile BTC moves, or changes in short dynamics could all shake up the math. Chanos remains focused on the long game, saying the spread could compress meaningfully over timebut even he acknowledges this one's better suited for hedge funds than personal portfolios. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Mission Produce Inc (AVO) Q2 2025 Earnings Call Highlights: Record Revenue Amidst Margin Pressures
Revenue: $380.3 million, an increase of 28% year-over-year. Gross Profit: $28.4 million, down from $31 million in the prior year period. Gross Profit Margin: Decreased 290 basis points to 7.5% of revenue. Adjusted Net Income: $8.7 million or $0.12 per diluted share, compared to $9.8 million or $0.14 per diluted share last year. Adjusted EBITDA: $19.1 million, compared to $20.2 million last year. Marketing & Distribution Segment Sales: $362.5 million, a 26% increase. International Farming Segment Sales: Increased $6.7 million to $8.1 million. Blueberries Segment Sales: Increased 57% to $15.7 million. Cash and Cash Equivalents: $36.7 million as of April 30, 2025. Capital Expenditures: $28 million for the fiscal year-to-date period. Share Repurchases: $5.2 million executed during the second quarter. Warning! GuruFocus has detected 5 Warning Signs with AVO. Release Date: June 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Mission Produce Inc (NASDAQ:AVO) reported record second quarter revenue of $380.3 million, a 28% increase compared to the previous year. The company successfully leveraged its global sourcing network, maintaining strong customer relationships and service levels. Mission Produce Inc (NASDAQ:AVO) expanded its market presence in the UK, leading to higher volumes and significant gains in facility utilization. The Mango business achieved record volumes and significant market share gains, establishing Mission as a leading US distributor. The International Farming segment showed significant EBITDA improvement, turning a historically challenging period into a positive contributor. Gross profit decreased to $28.4 million from $31 million in the prior year, primarily due to lower avocado per unit margins. The company incurred $2.6 million in unique costs, including $1.5 million from the closure of Canadian distribution facilities. Adjusted net income decreased to $8.7 million from $9.8 million in the previous year. SG&A expenses increased by 15%, driven by higher employee-related costs and professional fees. The Marketing & Distribution segment's adjusted EBITDA decreased to $16.8 million from $21.7 million due to lower per unit gross margins. Q: Can you elaborate on the outlook for the International Farming segment, particularly regarding fruit quality and sizing from the Peruvian operations? A: Stephen Barnard, CEO: Fruit quality is expected to be good, with sizing generally favorable. Some blocks may have larger sizes, but they won't significantly impact the business. The production is exceeding expectations, and we are distributing it globally to avoid concentration in any one market. John Pawlowski, President and COO, added that the quality continues to improve as trees mature, and the Peruvian fruit is becoming more normalized in the US market. Q: How did the co-packer volume in the second quarter compare to the first quarter, and are you at normalized levels now? A: John Pawlowski, President and COO: We addressed the challenge by leveraging other source markets like Peru and California, which helped us reach more normalized levels. We are now in a good position with our capacity in Mexico and other sources. Stephen Barnard, CEO, mentioned planning ahead to mitigate potential future constraints. Q: How did the tariff uncertainty impact supplier and customer behavior, and were there any notable changes? A: John Pawlowski, President and COO: Initially, there was some hesitation and holding back of fruit, but by April, suppliers became more comfortable with the situation. The tariffs did not cause significant disruptions, and relationships allowed us to secure product as needed. Bryan Giles, CFO, noted that the impact of tariffs was significant during peak pricing but has since stabilized. Q: What is the current market share of your mango business, and how much can it grow within your current infrastructure? A: Stephen Barnard, CEO: We are the second-largest mango distributor in the US, with market share growing from below 5% to close to 10%. The mango business complements our avocado operations, utilizing existing facilities and customer relationships. John Pawlowski, President and COO, added that there is room for growth as trees mature and productivity increases, with plans to expand grower relationships globally. Q: How did the second quarter's financial performance evolve, particularly regarding co-packer volumes and margins? A: Bryan Giles, CFO: Conditions improved by mid-March with increased volumes from California, reducing reliance on Mexican suppliers. This allowed better balancing of size curves and improved margins, which peaked at the end of April. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
Lululemon Athletica Inc (LULU) Q1 2025 Earnings Call Highlights: Strong Revenue Growth and ...
Total Revenue: Increased 7% or 8% on a constant currency basis to $2.4 billion. Gross Margin: Increased 60 basis points to 58.3%. Earnings Per Share (EPS): $2.60, ahead of expectations. Share Repurchases: $430 million worth of stock repurchased. Net Income: $315 million. Operating Income: $439 million or 18.5% of net revenue. Cash and Cash Equivalents: Approximately $1.3 billion. Store Count: Ended the quarter with 770 stores globally. Comparable Sales: Increased 1% overall. Regional Revenue Growth: Americas: Increased 3% or 4% in constant currency. China Mainland: Increased 21% or 22% in constant currency. Rest of World: Increased 16% or 17% in constant currency. Warning! GuruFocus has detected 3 Warning Signs with BRZE. Release Date: June 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Lululemon Athletica Inc (NASDAQ:LULU) reported a 7% increase in total revenue for Q1 2025, or 8% on a constant currency basis, reaching $2.4 billion. Gross margin improved by 60 basis points to 58.3%, driven by lower product costs and improved markdowns. The company continued its share repurchase program, buying back $430 million of stock, demonstrating confidence in its long-term prospects. Revenue in China Mainland increased by 22% in constant currency, showcasing strong growth in this key market. Lululemon Athletica Inc (NASDAQ:LULU) maintained its full-year revenue guidance, expecting 7% to 8% growth, indicating confidence in its strategic initiatives. The U.S. market showed only a 2% revenue growth, with consumers remaining cautious and intentional about their buying decisions. The company anticipates a 110 basis point decrease in gross margin for the full year due to increased tariffs. SG&A expenses increased to 39.8% of net revenue, up from 38.1% last year, driven by FX revaluation losses. Operating margin decreased to 18.5% from 19.6% in Q1 2024, reflecting increased costs and strategic investments. Lululemon Athletica Inc (NASDAQ:LULU) expects a decline in operating margin by approximately 160 basis points for the full year, primarily due to tariffs and increased markdowns. Q: Can you expand on the mitigation efforts for tariffs and what you're thinking about regarding price increases and diversifying sourcing? Also, any category trends in the U.S. business with the newness offered? A: Meghan Frank, CFO, explained that the mitigation efforts include strategic price increases on a small portion of the assortment and pursuing efficiency actions in sourcing. Calvin McDonald, CEO, noted that the newness is balanced across activity and lifestyle categories, with strong responses to new products like the Daydrift trouser and Align No Line. Q: Could you elaborate on the comp drivers and any updates on the progression of the quarter? A: Meghan Frank, CFO, stated that there was a decline in store traffic, particularly in the U.S., but conversion trends remained consistent, and there was an uptick in average dollars per transaction. The progression from April into May showed no material changes. Q: Why not do more with price to offset tariffs, and is the bigger disconnect between top and bottom line mostly due to tariffs? A: Meghan Frank, CFO, confirmed that the decline in operating margin guidance is driven by the net impact of tariffs, with some offsets from pricing and supply chain efficiencies. There are no meaningful changes in expense posture, and strategic pricing is being considered based on elasticities. Q: Can you elaborate on the slight increase in markdowns now contemplated in the full-year outlook? A: Meghan Frank, CFO, mentioned that markdowns were down 10 basis points in Q1, but given consumer confidence and macroeconomic concerns, a slight increase in markdowns is anticipated for the second half of the year, in the range of 10 to 20 basis points above last year. Q: Given the success of new launches, what are your thoughts on returning the U.S. business to sustainable comp growth? A: Calvin McDonald, CEO, expressed confidence in the newness and innovation, noting that the U.S. consumer remains cautious. The company is gaining market share in the premium activewear segment, and the newness is resonating well with consumers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
