Upcoming AWS Coverage on Mack-Cali Realty Post-Earnings Results

LONDON, UK / ACCESSWIRE / March 22, 2017 / Active Wall St. announces its post-earnings coverage on Camping World Holdings, Inc. (NYSE: CWH). The Company reported its financial results for the fourth quarter fiscal 2016 (Q4 FY16) and full year fiscal 2016 (FY16) on March 08, 2017. The Lincolnshire, Illinois-based Company’s quarterly adjusted pro-forma earnings per fully exchanged and diluted share surged 105.9% y-o-y; beating market consensus estimates. Register with us now for your free membership at:

http://www.activewallst.com/register/

One of Camping World Holdings’ competitors within the REIT – Office space, Mack-Cali Realty Corp. (NYSE: CLI), reported on February 28, 2017, its results for the fourth quarter 2016. AWS will be initiating a research report on Mack-Cali Realty in the coming days.

Today, AWS is promoting its earnings coverage on CWH; touching on CLI. Get our free coverage by signing up to:

http://www.activewallst.com/register/

Earnings Reviewed

During the quarter ended on December 31, 2016, Camping World’s total revenues increased 3.5% to $670.03 million, from $647.31 million recorded at the end of Q4 FY15. However, total revenue numbers for Q4 FY16 lagged behind market consensus estimates of $675.5 million.

The recreational vehicle retailer and services provider’s net income increased 13.6% to $13.64 million in Q4 FY16 from $12.00 million in Q4 FY15. The Company’s adjusted pro-forma earnings per fully exchanged and diluted share surged to $0.14 in Q4 FY16, from $0.07 in the previous year’s same quarter. Wall Street had expected the Company to report adjusted pro-forma earnings of $0.09 per fully exchanged and diluted share.

In FY16, Camping World’s total revenue came in at $3.53 billion, up 7.3% from $3.29 billion in the previous year. The Company net income increased 13.8% to $203.24 million in FY16 from $178.53 million in FY15. Meanwhile, the Company reported adjusted pro-forma earnings of $1.58 per fully exchanged and diluted share in FY16 compared to $1.27 per fully exchanged and diluted share in FY15.

Operational Metrics

For the reported quarter, the Company’s total gross profit grew 9.2% y-o-y to $196.59 million; whereas gross margin was up by 154 basis points y-o-y to 29.3% in Q4 FY16. The Company’s income from operations surged 40.0% in Q4 FY16 to $34.24 million from $24.46 million in Q4 FY15. Additionally, the Company’s operating margin was up by 133 basis points y-o-y in Q4 FY16 to 5.1%. In the reported quarter, adjusted EBITDA stood at $39.20 million, up 27.1% from $30.85 million in Q4 FY15. Furthermore, adjusted EBITDA margin increased 109 basis points to 5.9% in Q4 FY16 from 4.8% in the prior year’s same quarter.

Segment

Camping World’s Consumer services and plans revenues stood at $48.91 million in Q4 FY16, rising 4.4% from $46.85 million in Q4 FY15. The Company attributed the increase in segment revenues to rise in club memberships, roadside assistance contracts, and vehicle insurance written premiums. The segment reported gross profit of $28.70 million in Q4 FY16, rising 13.5% from $25.30 million in Q4 FY15. Moreover, the segment’s gross margin was up by 469 basis points y-o-y to 58.7% of segment’s revenue in Q4 FY16.

The Company’s Retail revenue increased 3.4% to $621.13 million in Q4 FY16 from $600.46 million in Q4 FY15. The segment’s gross profit also improved 8.6% during Q4 FY16 to $167.88 million, from $154.65 million in Q4 FY15. In the reported quarter, the segment’s gross margin rose 127 basis points y-o-y to 27.0%. The increase in the segment’s gross margin was driven primarily by an increase in the finance and insurance penetration rate to 8.9% of vehicle sales in Q4 FY16 from 7.3% of vehicle sales in Q4 FY15.

Cash Flow & Balance Sheet

During full-year FY16, Camping World’s net cash provided by operating activities were $223.71 million, up from $112.14 million in FY15. At the close of books in the reported quarter, Camping World had $114.20 million in cash and cash equivalents compared to $92.03 million at the close of books on December 31, 2015. Additionally, the Company had long-term debt amounting to $620.30 million as on December 31, 2016, compared to $673.30 million as on December 31, 2015.

Dividend

In a separate press release on March 02, 2017, Camping World’s Board of Directors declared a cash dividend of $0.1532 per share on the Company’s Class A Common Stock, which includes regular quarterly cash dividend of $0.08 per share and a $0.0732 per share special cash dividend. The dividend Payment is expected to be made on March 31, 2017, to stockholders of record at the close of business on March 17, 2017.

IPO

On October 13, 2016, Camping World had announced the closing of its initial public offering of 11,363,636 shares of its Class A common stock at a public offering price of $22.00 per share. The shares had begun trading on the New York Stock Exchange on October 07, 2016 under the ticker symbol “CWH”.

Stock Performance

At the close of trading session on Tuesday, March 21, 2017, Camping World Holdings’ stock price declined 5.15% to end the day at $32.03. A total volume of 396.85 thousand shares were exchanged during the session, which was above the 3-month average volume of 248.21 thousand shares. The Company’s share price has gained 1.29% in the past three months. The stock currently has a market cap of $2.59 billion. Additionally, shares of the Company are trading at a PE ratio of 13.47 and have a dividend yield of 1.00%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 457912

Upcoming AWS Coverage on eBay

LONDON, UK / ACCESSWIRE / March 22, 2017 / Active Wall St. blog coverage looks at the headline from China’s Alibaba Group Holding Ltd (NYSE: BABA) as the Company announced on March 21, 2017, that the Company has acquired online ticketing platform Damai.cn. This acquisition is Alibaba’s strategy to expand its footprint in the entertainment business. Register with us now for your free membership and blog access at:

http://www.activewallst.com/register/

One of Alibaba Group Holding’s competitors within the Specialty Retail, Other space, eBay Inc. (NYSE: EBAY), is estimated to report earnings on April 25, 2017. AWS will be initiating a research report on eBay following the release of its next earnings results.

Today, AWS is promoting its blog coverage on BABA; touching on EBAY. Get all of our free blog coverage and more by clicking on the link below:

http://www.activewallst.com/register/

The acquisition

Beijing, China based Damai is an ecommerce platform that offer tickets to concerts, sporting events, live theatre, movies, and other events. Damai has presence across 330 cities worldwide with 46 branches and it has handled ticket booking for more than 1.8 million concerts and sports events.

Alibaba made the announcement via a post on its Sina Weibo account. Alibaba had previously invested in Damai in 2014 by acquiring 32% stake in the Company and with the current acquisition Alibaba has acquired complete 100% stake in Damai. The financial details and other terms of the acquisition were not disclosed by both Companies. Alibaba Pictures already has an online ticketing platform – Tao Piao Piao, the flagship ticketing service of its film studio arm, Alibaba Pictures Group. The Company has not clarified if post the merger Damai will be merged with Tao Piao Piao or any other business. If the consolidation of Damai and Tao Piao Piao’s business does happen, Alibaba will manage to save a lot in terms of joint synergies.

Commenting on the acquisition, Yu Yongfu, Chairman and CEO of Alibaba Pictures Group and Head of Alibaba’s Digital Entertainment Division said:

“Damai.cn will be a powerful platform to distribute our media content as well as expand our user reach and engagement. There will be extensive collaboration opportunities with our other entertainment assets including Alibaba Music, Alibaba Pictures and Youku.”

Damai responded via a separate post saying that it was happy to join the “Alibaba family”.

Acquisitions – a planned business strategy

Alibaba has used mergers and acquisition as a business strategy for expansion. The Company has been making investments not only in China and US but also in markets like India, Malaysia, etc. With the acquisition of Damai, it is diversifying outside of its online retail business into the entertainment business. Alibaba’s entertainment business vertical already has presence in the mobile Internet browsing, video, and music streaming. Alibaba has ambitious plans to expand its entertainment business to cover fan economy, film production and distribution. The Company has started the expansion with an acquisition on online ticketing in the domestic market; this experience will surely help the Company to cover other geographies at a later date.

A few days back, on March 17, 2017, Alibaba is said to be planning an investment of over 1 billion yuan (approximately $145 million) by gaining stake in some mobile gaming Companies to expand its mobile game distribution globally. On March 14, 2017, Alibaba revealed its plans to set up a regional distribution hub in Malaysia to cater to the business opportunities in the region. Alibaba increased its stake in the Indian arm of online payments Company Paytm with a $177 million investment in early March 2017.

Stock Performance

On Tuesday, March 21, 2017, the stock closed the trading session at $105.09, falling 2.01% from its previous closing price of $107.25. A total volume of 13.86 million shares have exchanged hands, which was higher than the 3-month average volume of 9.47 million shares. Alibaba Group Holding’s stock price surged 18.52% in the last three months and 34.54% in the previous twelve months. Furthermore, on a year to date basis, the stock soared 19.68%. Shares of the company have a PE ratio of 48.47.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 457920

Upcoming AWS Coverage on Alliance Data Systems

LONDON, UK / ACCESSWIRE / March 22, 2017 / Active Wall St. blog coverage looks at the headline from Stantec Inc. (NYSE: STN) as the global design firm announced on March 21, 2017, that it has signed an agreement for the sale of its Broomfield, Colorado-based Innovyze, a global provider of wet infrastructure business analytics software solutions designed to meet the technological needs of water/wastewater utilities, government agencies, and engineering organizations worldwide for USD$270 million to the EQT Mid-Market US fund. Innovyze became a part of the MWH acquisition which Stantec completed in 2016. Register with us now for your free membership and blog access at:

http://www.activewallst.com/register/

One of Stantec’s competitors within the Business Services space, Alliance Data Systems Corp. (NYSE: ADS), is estimated to report earnings on April 20, 2017. AWS will be initiating a research report on Alliance Data Systems following the release of its next earnings results.

Today, AWS is promoting its blog coverage on STN; touching on ADS. Get all of our free blog coverage and more by clicking on the link below:

http://www.activewallst.com/register/

“Innovyze is an impressive, growing business and we see this as an opportunity to continue working with them in servicing our clients while allowing both our companies to prosper with the best available resources,” said Bob Gomes, Stantec President and Chief Executive Officer.

In March 2016, Stantec acquired all of the issued and outstanding capital stock of MWH, its largest ever acquisition for a purchase price of approximately US$793 million. Subject to customary conditions and regulatory approvals, the Innovyze sale is expected to be closed in Q2 2017. The larger integration of the MWH business into Stantec’s operations continues, with North American divisions expected to be completed in Q2 2017 and successive parts within the next 18 months.

About Innovyze

Innovyze was established in 1996 as a subsidiary of MWH Global, Inc. to provide wet infrastructure business analytics software solutions. Since then, Innovyze has developed into a leading global provider of smart water infrastructure modeling and simulation software solutions designed to meet the technological needs of water/ wastewater utilities, government agencies and engineering organizations worldwide. As the largest pure-play water-focused software Company in the world, Innovyze offers the only suite of water-focused products that span the full infrastructure lifecycle, which are engineered for speed and reliability and backed by strong technical support.

“We have been passionately building significant global market presence and vanguard water and wastewater modeling and simulation technology since I founded the company over twenty years ago, and we excelled in superior customer care,” said Paul F. Boulos, Chairman, CEO and President of Innovyze.

EQT Mid Market stated that Innovyze’s management team, led by Paul Boulos, will continue to lead the Company following completion of the transaction, building on a long track record of success driving growth at Innovyze.

About EQT Mid Market Team

The EQT Mid Market team consists of around 60 Investment Advisory Professionals based in Amsterdam, Copenhagen, Frankfurt, Helsinki, Hong Kong, Munich, New York, Oslo, Shanghai, Singapore, Stockholm, and Zurich.

In close collaboration with EQT’s broad network of Industrial Advisors, the team seeks to identify potential control or co-control investments in medium-sized companies with attractive value creation potential. The typical equity investment opportunity ranges between EUR 40 million and EUR 75 million in Northern Europe and between EUR 40 million and EUR 100 million in Greater China and Southeast Asia.

The team only investigates investment opportunities where there is a clear potential to support the further development of the Company in question. Other investment themes of interest are cross-border expansion and ties between Europe and Asia. EQT’s expertise in supporting business development and growth as well as the internationalization expertise are often decisive factors for company owners when selecting EQT as partner or new owner.

Latest Earnings Results

On February 23, 2017, Stantec announced its earnings results where it noted that the Company had closed FY16 with a 49.5% increase in gross revenue on a y-o-y basis, primarily due to contributions from five strategic acquisitions completed in the year. The Company also achieved a 9.8% increase in EBITDA and a 15.5% increase in adjusted EBITDA year-over-year.

When comparing Q4 FY16 to Q4 FY15, gross revenue increased 74.7%. EBITDA increased 51.8%, and adjusted EBITDA increased 41.3% due to an increase in gross margin as a percentage of net revenue. Net income increased 16.2%; diluted earnings per share decreased 3.7%; and adjusted diluted earnings per share increased 2.9%.

On February 22, 2017, Stantec declared a cash dividend of $0.125 per share – an increase of 11.1% over last quarter – payable on April 13, 2017, to shareholders of record on March 31, 2017.

Stock Performance

At the close of trading session on Tuesday, March 21, 2017, Stantec’s stock price was slightly up 0.20% to end the day at $25.30. A total volume of 258.28 thousand shares were exchanged during the session, which was above the 3-month average volume of 16.25 thousand shares. The Company’s share price has gained 9.39% in the past twelve months and 0.20% on YTD basis. The stock currently has a market cap of $2.88 billion. Furthermore, shares of the Company are trading at a PE ratio of 29.08 and have a dividend yield of 1.51%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 457911

Upcoming AWS Coverage on AbbVie

LONDON, UK / ACCESSWIRE / March 22, 2017 / Active Wall St. blog coverage looks at the headline from US drugmaker Eli Lilly and Co. (NYSE: LLY) as the Company announced on March 20, 2017, that its MONARCH 2 trial of its breast cancer drug, abemaciclib, whose Phase-3 trial in lung cancer is also under way, met the primary endpoint of progression-free survival (PFS). Register with us now for your free membership and blog access at:

http://www.activewallst.com/register/

One of Eli Lilly’s competitors within the Drug Manufacturers – Major space, AbbVie Inc. (NYSE: ABBV), is estimated to report earnings on April 27, 2017. AWS will be initiating a research report on AbbVie following the release of its next earnings results.

Today, AWS is promoting its blog coverage on LLY; touching on ABBV. Get all of our free blog coverage and more by clicking on the link below:

http://www.activewallst.com/register/

The Phase-III Study

Eli Lilly’s global Phase-3, double-blind study was designed to evaluate the efficacy and safety of abemaciclib, in combination with fulvestrant, in patients with advanced (locoregionally recurrent or metastatic) breast cancer. A total of 669 patients were randomized to receive abemaciclib or placebo orally twice a day on a continuous dosing schedule, given in combination with fulvestrant. Patients enrolled in the study had experienced disease progression on or within 12 months of receiving endocrine treatment in the neoadjuvant or adjuvant setting or while receiving first-line endocrine therapy for metastatic disease.

Eli Lilly’s Phase-3 study evaluated abemaciclib, a cyclin-dependent kinase (CDK) 4 and CDK 6 inhibitor, in combination with fulvestrant in women with hormone-receptor-positive (HR+), human epidermal growth factor receptor 2-negative (HER2-), advanced breast cancer who have relapsed or progressed after endocrine therapy. The results demonstrated the addition of abemaciclib to fulvestrant resulted in a statistically significant improvement in PFS.

“We are excited about the outcome of our first Phase-3 study for abemaciclib. These data are an important milestone in our goal of bringing abemaciclib to patients with advanced breast cancer, and we look forward to our upcoming conversations with regulators,” said Levi Garraway, M.D., Ph.D., Senior Vice President, global development and medical affairs, Lilly Oncology.

Way Forward

Eli Lilly announced that it plans to submit a new drug application (NDA) for single-agent abemaciclib in Q2 2017, based on the MONARCH 1 study, while the Company plans to submit an additional application for MONARCH 2 in Q3 2017.

Along with MONARCH 1 and MONARCH 2, the Company is carrying out additional trials evaluating abemaciclib in breast cancer. MONARCH 3 is a Phase-3 trial of abemaciclib in combination with a nonsteroidal aromatase inhibitor in patients with HR+, HER2- advanced breast cancer. Furthermore, there is a Phase-2 MONARCH trial under way: monarcHER, which is evaluating abemaciclib plus trastuzumab in women with HR+, HER2+ locally advanced or metastatic breast cancer.

About Metastatic Breast Cancer

Breast cancer is the most common cancer in women worldwide with nearly 1.7 million new cases diagnosed in 2012 as reported. In the official press release, the Company noted that in the US this year, approximately 252,710 new cases of invasive breast cancer will be diagnosed and about 40,610 people will die from breast cancer. The Company noted that out of all early stage breast cancer cases diagnosed in the US, approximately 30% will become metastatic, spreading to other parts of the body.

What is Abemaciclib?

Abemaciclib is an investigational, oral cell cycle inhibitor, designed to block the growth of cancer cells by specifically inhibiting cyclin-dependent kinases, CDK 4 and CDK 6 and was most active against Cyclin D1 and CDK 4 in cell-free enzymatic assays. In breast cancer, Cyclin D1/CDK 4 has been shown to promote phosphorylation of the retinoblastoma protein (Rb), cell proliferation, and tumor growth. In hormone receptor–positive breast cancer cell lines, sustained target inhibition by abemaciclib reduced phosphorylation of Rb, inducing cell cycle arrest.

In 2015, the US Food and Drug Administration granted abemaciclib Breakthrough Therapy Designation based on data from the breast cancer cohort expansion of the Company’s Phase-1 trial, JPBA, which studied the efficacy and safety of abemaciclib in women with advanced or metastatic breast cancer.

Stock Performance

On Tuesday, March 21, 2017, Eli Lilly’s share price finished the trading session at $83.73, slightly down 0.39%. A total volume of 4.07 million shares exchanged hands. The stock has surged 14.98% and 22.36 % in the last three months and past twelve months, respectively. Furthermore, since the start of the year, shares of the Company have gained 14.61%. The stock is trading at a PE ratio of 32.48 and has a dividend yield of 2.48%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 457900

Upcoming AWS Coverage on Procter & Gamble Co.

LONDON, UK / ACCESSWIRE / March 22, 2017 / Active Wall St. announces its post-earnings coverage on e.l.f. Beauty, Inc. (NYSE: ELF). The Company released its financial results for the fourth quarter fiscal 2016 (Q4 FY16) and full year fiscal 2016 (FY16) on March 08, 2017. The Oakland, California-based Company’s quarterly net sales grew 17% y-o-y, outperforming market consensus estimates. Register with us now for your free membership at:

http://www.activewallst.com/register/

One of e.l.f. Beauty’s competitors within the Personal Products space, The Procter & Gamble Company (NYSE: PG), is estimated to report earnings on April 25, 2017. AWS will be initiating a research report on Procter & Gamble following the release of its next earnings results.

Today, AWS is promoting its earnings coverage on ELF; touching on PG. Get our free coverage by signing up to:

http://www.activewallst.com/register/

Earnings Reviewed

During the quarter ended on December 31, 2016, e.l.f. Beauty recorded net sales of $76.44 million compared to $65.44 million at the end of Q4 FY15. Net sales numbers for Q4 FY16 topped market consensus estimates of $74 million.

The luxurious beauty cosmetics maker reported net income attributable to common stockholders of $6.38 million, or $0.13 per diluted share, in Q4 FY16 compared to net loss attributable to common stockholders of $39.71 million, or $1,151.13 per diluted share, in Q4 FY15. The Company’s adjusted net income increased 36% to $9.44 million in Q4 FY16 from $6.93 million in Q4 FY15. Additionally, adjusted pro-forma diluted earnings for the reported quarter stood at $0.19 per diluted share in Q4 FY16 compared to $0.14 per diluted share in the prior year’s same quarter. Wall Street had expected the Company to report adjusted pro-forma diluted earnings of $0.04 per share.

In FY16, e.l.f. Beauty’s revenue came in at $229.57 million compared to $191.41 million in the previous year. The Company reported net loss attributable to common stockholders of $497.54 million, or $39.47 loss per diluted share, in FY16 versus net loss attributable to common stockholders of $47.61 million, or $1,559.81 loss per diluted share, in FY15. The Company’s adjusted net income increased 33% to $18.21 million in FY16 from $13.72 million in FY15. Furthermore, adjusted pro-forma diluted earnings for FY16 stood at $0.36 per diluted share compared to $0.27 per diluted share in FY15.

Operational Metrics

For the reported quarter, the Company’s gross profit came in at $45.32 million versus $35.03 million in the prior year’s same quarter. Due to margin accretive innovation, the Company’s gross margin expanded to 59% in Q4 FY16 from 54% in the year ago comparable quarter.

During Q4 FY16, the Company spent $30.35 million on selling, general, and administrative expenses compared to $24.09 million in the previous year’s same period. The Company’s operating income rose during Q4 FY16 to $14.97 million from $10.94 million in Q4 FY15. Additionally, the Company reported adjusted EBITDA of $22.12 million in Q4 FY16 versus $17.57 million in Q4 FY15.

Cash Flow and Balance Sheet

In the year ended December 31, 2016, net cash provided by operating activities was $2.12 million compared to $24.52 million in FY15. As on December 31, 2016, the Company had $15.30 million in cash compared to a cash balance of $14.00 million as on December 31, 2015. The Company reported long-term debt of $156.18 million in its books of accounts as on December 31, 2016, rising from $134.59 million as on December 31, 2015.

IPO

On September 21, 2016, e.l.f. Beauty had announced the pricing of its initial public offering of 8.33 million shares of its common stock at a public offering price of $17.00 per share. The shares began trading on September 22, 2016, on the New York Stock Exchange under the ticker symbol “ELF.”

Outlook

In its guidance for full-year FY17, e.l.f. Beauty’s management expects net sales to be in range of $285 million to $295 million. Adjusted EBITDA for FY17 is anticipated to be between $61 million and $64 million. The Company projects FY17 adjusted net income range of $21 million to $23 million with adjusted pro-forma diluted EPS in the range of $0.40 to $0.43.

Stock Performance

At the close of trading session on Tuesday, March 21, 2017, e.l.f. Beauty’s stock price slightly declined 0.50% to end the day at $26.07. A total volume of 447.60 thousand shares were exchanged during the session, which was above the 3-month average volume of 446.21 thousand shares. The stock currently has a market cap of $1.19 billion.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 457921

Upcoming AWS Coverage on Stantec Post-Earnings Results

LONDON, UK / ACCESSWIRE / March 22, 2017 / Active Wall St. announces its post-earnings coverage on ABM Industries Inc. (NYSE: ABM). The Company announced its financial results for the first quarter fiscal 2017 on March 07, 2017. The provider of cleaning and other maintenance services for commercial buildings, hospitals and airports reported revenue growth of 4.6% on a y-o-y basis. Register with us now for your free membership at:

http://www.activewallst.com/register/

One of ABM Industries’ competitors within the Business Services space, Stantec Inc. (NYSE: STN), reported on its financial results for Q4 and year end of 2016 on Thursday, February 23, 2017. AWS will be initiating a research report on Stantec in the coming days.

Today, AWS is promoting its earnings coverage on ABM; touching on STN. Get our free coverage by signing up to:

http://www.activewallst.com/register/

Earnings Reviewed

For the three months ended January 31, 2017, ABM reported revenues of $1.33 billion up 4.6% compared to year ago figure of $1.27 billion. The growth in revenue was attributable to organic growth in the Aviation segment’s domestic operations as a result of higher passenger services, cabin cleaning, parking, and facilities services revenue. Organic revenue growth within the Business & Industry segment as a result of job expansions with existing clients also contributed to the Company’s total revenue growth for the quarter. Furthermore, acquisitions provided $12.2 million of incremental revenues during the reported quarter primarily reflected in the Technical Solutions. ABM’s reported numbers exceeded analysts’ consensus of $1.31 billion.

On a GAAP basis, ABM’s income from continuing operations was $16.1 million, or $0.28 per diluted share, for Q1 FY17 compared to income from continuing operations of $13.6 million, or $0.24 per diluted share, for Q1 FY16, which included the benefit to income taxes of the retroactive reinstatement of the calendar 2015 Work Opportunity Tax Credit (WOTC). The increase in income from continuing operations versus last year primarily reflects higher revenue contribution, the impact of 2020 Vision savings initiatives, and lower items impacting comparability primarily related to the reimbursement of previously expensed fees associated with a concluded F.C.P.A. investigation.

The Company’s total net loss for Q1 FY17 was $56.8 million, or $1.00 per diluted share, compared to net income of $14.0 million, or $0.24 per diluted share, in last year’s comparable quarter. The net loss for the reported quarter reflects a net loss of $72.9 million from discontinued operations predominantly due to the Augustus et. al. versus ABM Security Services, Inc. class action litigation related to the Company’s divested Security business. ABM’s adjusted income from continuing operations for Q1 FY17 was $21.5 million, or $0.38 per diluted share, compared to $21.6 million, or $0.38 per diluted share, for Q1 FY16. The Company’s earnings numbers surpassed Wall Street’s estimates of $0.33 per share.

ABM’s adjusted EBITDA for Q1 FY17 was $48.1 million compared to $43.7 million in Q1 FY16. The increase versus last year was primarily attributable to higher revenue contribution and savings related to the Company’s 2020 Vision initiatives. The Company’s adjusted EBITDA margin for the reported quarter was 3.6% compared to 3.4% in the year earlier corresponding quarter.

Operating Results

ABM’s operating profit for Q1 FY17 was $23.8 million compared to $13.6 million in Q1 FY16. The increase versus last year is primarily attributable to higher revenue contribution, procurement, and organizational savings stemming from the Company’s 2020 Vision initiatives which were initiated in FY16.

Liquidity & Capital Structure

ABM ended Q1 FY17 with total debt, including standby letters of credit, of $443.9 million. The Company’s total debt to pro-forma adjusted EBITDA was approximately 2.5x. During the reported quarter, ABM repurchased approximately 0.2 million shares of common stock for $7.9 million. As of January 31, 2017, the Company had $134.1 million of remaining buyback availability under the $200.0 million share repurchase program.

ABM also announced that the Board of Directors has declared a cash dividend of $0.170 per common share for Q2 FY17 payable on May 01, 2017, to shareholders of record on April 06, 2017. This will be the Company’s 204th consecutive quarterly cash dividend.

Outlook

ABM continues to expect GAAP income from continuing operations of $1.40 to $1.50 per diluted share, or adjusted income from continuing operations of $1.80 to $1.90 per diluted share, for FY17.

Stock Performance

ABM Industries’ share price finished yesterday’s trading session at $43.44, sliding 1.32%. A total volume of 281.39 thousand shares exchanged hands. The stock has surged 12.46% and 38.57 % in the last six months and past twelve months, respectively. Furthermore, since the start of the year, shares of the Company have gained 6.81%. The stock is trading at a PE ratio of 37.97 and has a dividend yield of 1.57%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 457899

Upcoming AWS Coverage on Jack in the Box Post-Earnings Results

LONDON, UK / ACCESSWIRE / March 22, 2017 / Active Wall St. announces its post-earnings coverage on Bob Evans Farms, Inc. (NASDAQ: BOBE). The Company announced its third quarter fiscal 2017 financial results on March 08, 2017. The restaurant chain missed top- and bottom-line estimates. On January 24, 2017, the Company entered into a definitive agreement with an affiliate of Golden Gate Capital to sell its Bob Evans Restaurants business. The results of operations of Bob Evans Restaurants (“BER”) have been treated as discontinued operations and all GAAP financial statement items for the current and prior periods reflect BER as a discontinued business. Register with us now for your free membership at:

http://www.activewallst.com/register/

One of Bob Evans Farms’ competitors within the Restaurants space, Jack in the Box Inc. (NASDAQ: JACK), reported on February 22, 2017, earnings results for the first quarter ended January 22, 2017. AWS will be initiating a research report on Jack in the Box in the coming days.

Today, AWS is promoting its earnings coverage on BOBE; touching on JACK. Get our free coverage by signing up to:

http://www.activewallst.com/register/

Earnings Reviewed

For the three months ended January 27, 2017, Bob Evans’ net sales from continuing and discontinued operations totaled $335.95 million compared to net sales from continuing and discontinued operations of $346.51 in Q3 FY16. The Company’s sales came in below analysts’ consensus of $345 million.

Bob Evans reported net income of $8.2 million, or $0.41 per diluted share, for Q3 FY17 compared with net income of $12.9 million, or $0.62 per diluted share, in Q3 FY16. The Company’s non-GAAP net income was $15.0 million, or $0.75 per diluted share, in the reported quarter compared with net income of $12.9 million, or $0.62 per diluted share, in the corresponding period last year. The Company’s adjusted earnings per share came in marginally below market estimates of $0.76.

Bob Evans’ GAAP net income in Q3 FY17 consisted of $9.8 million from continuing operations and a $1.6 million loss from discontinued operations. Non-GAAP net income in the reported quarter included $10.8 million from continuing operations and $4.2 million from discontinued operations. The Company’s GAAP diluted earnings per share in Q3 FY17 consisted of $0.49 from continuing operations and a loss of $0.08 from discontinued operations. Bob Evans’ non-GAAP diluted earnings per share in Q3 FY17 comprised of $0.54 from continuing operations and $0.21 from discontinued operations.

Summary – Continuing Operations

For Q3 FY17, Bob Evans’ net sales from continuing operations were $112.8 million, up 4.6% compared to $107.9 million in Q3 FY16. Pounds sold increased 7.6% while average net selling price per pound declined 2.8% compared to the corresponding period last year. The decline in average net selling price reflects an increased sales mix of lower-priced, although higher-margin, side-dish products relative to sausage, as well as reduced net sausage pricing. From a net sales perspective, a 13.1% increase in side-dish pounds sold, a 2.8% increase in sausage pounds sold, and a 6.1% increase in external food service pounds sold were partially offset by a $1.6 million increase in trade spending (reduces net sales), and a 4.3% decline in frozen product pounds sold compared to the corresponding period last year.

Bob Evans’ GAAP operating income from continuing operations was $17.1 million for Q3 FY17 compared to $11.4 million in Q3 FY16. The Company’s non-GAAP operating income from continuing operations was $19.5 million in the reported quarter compared to $11.4 million in the corresponding period last year.

Summary – discontinued operations

Bob Evans’ net sales from discontinued operations were $223.1 million for Q3 FY17, down 6.5%, compared to net sales of $238.6 million in Q3 FY16. Same-store sales declined 2.6% with the balance of the net sales decline due to net restaurant closures during the past year. No restaurants were closed and one restaurant opened during the reported quarter. The Company operated 523 restaurants at the end of Q3 FY17.

Balance Sheet

Bob Evans cash balance and outstanding debt at the end of Q3 FY17 were $2.4 million and $330.1 million, respectively, compared to $6.3 million and $496.0 million at the end of Q3 FY16. The decrease in borrowings was primarily the result of the use of proceeds from recent real estate monetization transactions and operating cash flow to reduce debt, partially offset by share repurchases, capital expenditures, and dividend payments. On a pro-forma basis, assuming the 2016 sale-leaseback transactions occurred at the beginning of fiscal 2016, the Company’s quarter-end leverage ratio was 2.66.

Fiscal year 2017 outlook

Bob Evans raised its consolidated non-GAAP diluted earnings per share range to $2.22 to $2.32 from $2.15 to $2.30 per share previously, to reflect the impact of lower net sow costs and continued focus on operating efficiency.

Stock Performance

On Tuesday, March 21, 2017, the stock closed the trading session at $61.67, marginally up 0.98% from its previous closing price of $61.07. A total volume of 342.06 thousand shares have exchanged hands, which was higher than the 3-month average volume of 263.41 thousand shares. Bob Evans Farms’ stock price surged 15.00% in the last three months, 64.33% in the past six months, and 35.69% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have gained 16.58%. The stock is trading at a PE ratio of 62.36 and has a dividend yield of 2.21%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 457913

Brazell Takes Helm of La Peer Health as Leading Independent Beverly Hills Outpatient Surgery Center Continues Expanding Its State-of-the-Art Treatment Facilities and Roster of World-Class Surgeons

BEVERLY HILLS, CA / ACCESSWIRE / March 22, 2017 / La Peer Health Systems (www.lapeerhealth.com) has named Daniel W. Brazell as Chief Executive Officer. Brazell’s appointment comes at a time of unprecedented expansion for La Peer Health, as the leading independent Beverly Hills outpatient surgery center continues to add internationally-renowned surgeons to its roster, as well as today’s most advanced outpatient treatment technologies.

Brazell joins La Peer Health Systems with a distinguished career in health-wellness. He most recently served as Senior Director of Operations for Surgical Care Affiliates/DISC Sports and Spine and as Vice President of Business Development for Sovereign Healthcare/Cedars Sinai/Kerlan-Jobe Institute, both based in Los Angeles. He previously worked as Vice President of Operations for Riverside-based ONRAD Medical Group, Inc., and began his health industry career at Riverside’s Online Radiology Medical Group, Inc., where he held the positions of Director of Operations and Operations Manager.

Brazell earned his Masters in Business Administration, Emphasis in Healthcare Administration from Loma Linda University, School of Public Health, Loma Linda, California and his Bachelor of Arts, Business Administration from University of California, Riverside, Riverside, California. His leadership roles include Chairman of Business Development Committees (Physician and Ancillary), Chairman of Risk Assessment Committee, Chairman of Policy and Procedures Committee, Admin. Director of Medical Directors Board, and DISC ASC Board Member.

As a leading independent provider, La Peer Health serves Southern California (as well as patients from all corners of the world) as a clear alternative to today’s large bureaucratic health system, where emphasis is placed on delivering enhanced one-on-one personal care in a uniquely inviting, safe, controlled, and nurturing environment. The more than 50 surgeons that comprise La Peer represent all areas of medical specialties, including Orthopedic, Gastroenterology, Head and Neck, Urology, Colorectal, Podiatry, Ophthalmology, Plastic and Reconstructive, Pain Management, Gynecology, Bariatric, Thoracic, and Spine.

“This is an exciting time of growth for La Peer Health Systems, where our innovative approach to healthcare is gaining the attention of professionals and patients alike. In order to help expand La Peer’s leadership role as an independent health provider, we focused our efforts in finding an experienced industry senior executive with a track record of past success, and a bold vision for our future. Daniel Brazell is an extraordinary health industry professional who possesses the expertise, skills, and insight that reflects our mandate for growth,” said Dr. Babak Azizzadeh, Managing Member of La Peer Health Systems.

“La Peer Health’s stellar reputation is the direct result of the unparalleled commitment to exceptional patient attention demonstrated by its gifted surgeons and dedicated team of nurses, surgical techs, and administrative staff. I am proud to join La Peer, a uniquely gifted and high-profile organization that is helping change the face of healthcare by offering a renewed level of independence to physicians and a groundbreaking system of unfettered care to patients,” said Brazell.

About La Peer Health Systems:

Located in Beverly Hills, La Peer Surgery Center focuses on excellence in patient care alongside the most advanced treatments, equipment, and technology available. The multi-million dollar independent healthcare facility boasts over 50 of the most prominent and recognized surgeons with first-class nurses and support staff. For more information regarding La Peer Surgery Center, please visit www.lapeerhealth.com.

CONTACT:

Steve Syatt
SSA Public Relations
steve@ssapr.com

(818) 222-4000

SOURCE: La Peer Health Systems

ReleaseID: 457886