The Motley Fool

NOVEMBER 7, 2024

We are also helping a large global bank accelerate time-to-market for new credit card products. Expediting the time-to-market better positions the bank to capture market share in a highly competitive industry. year to year organically as services revenue was down 8% in line with prior quarter, and resale declined 19%.

Resale 130

Resale Consulting Consultants Capital 130

The Motley Fool

OCTOBER 29, 2024

Horton team produced solid results to finish the year, highlighted by consolidated pre-tax income of $1.7 billion on revenues of $10 billion, with a pre-tax profit margin of 17.1%. For the year, earnings per diluted share increased 4% to $14.34, and our consolidated pre-tax income was $6.3 billion on revenues of $36.8

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Leveraging 130

The Motley Fool

NOVEMBER 1, 2023

Prior to IBM, Howard was the CTO of Bank of America, which gives him a unique perspective of what customers want in an IT service provider. year-to-year decline, 160 basis points came from a reduced level of low-margin resale revenues, which was in line with our expectations. reduction from a higher tax rate and a $0.06

Resale 187

Resale Capital Taxes Assets 187

The Motley Fool

JANUARY 23, 2024

Our consolidated pre-tax income was $1.2 billion, with a pre-tax profit margin of 16.1%. Jessica Hansen -- Vice President, Investor Relations Forestar, our majority-owned residential lot development company, reported revenues of $306 million for the first quarter on 3,150 lots sold, with pre-tax income of $51 million.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Leveraging Taxes 130

The Motley Fool

NOVEMBER 16, 2023

Our performance has kept the Children's Place brands in the leadership position on social media, representing close to 50% of total social impressions among our children apparel resale competitive set. The company's provision for taxes reflects a benefit of $1.5 million on a GAAP basis and $0.7 in the prior year. million or $3.05

Securities and Exchange Commission (SEC) 188

Securities and Exchange Commission (SEC) Taxes Debt Resale 188

The Motley Fool

DECEMBER 15, 2023

Four, by driving volume, we gained advantaged insights into and refined the workings of our strategic land banks. The flow of volume through the land banking relationships that define our current approach to land acquisition was invaluable. We expect our tax rate to be about 24.5% Situated today with a 9.6% billion a year.

Resale 130

Resale Debt Assets Capital 130

The Motley Fool

MARCH 7, 2024

And finally, Q1 industrial resales of $215 million declined 6% year on year. In fiscal '24, we continue to expand industrial resales to be down high single digits year upon year. billion of common stock for taxes due on vesting of employee equity, resulting in the repurchase and elimination of approximately 7.7

Resale 188

Resale Debt Banks Shareholders 188

The Motley Fool

DECEMBER 12, 2024

Measure on resales, Q4 industrial resales of $173 million declined 27% year on year. Free cash flow as a percentage of revenue has declined from the same quarter a year ago, due to higher cash interest expense from debt related to the VMware acquisition, higher cash taxes due to a higher mix of U.S. Your line is open.

Debt 130

Debt Resale Taxes Accounting 130

The Motley Fool

AUGUST 8, 2024

Within our Cloud and Infrastructure business, we recently entered into a long-term IBM mainframe-managed service agreement with First Horizon Bank for ongoing management and support. While resale revenues performed as expected, down 28% year over year, services revenue declined 8% helped by higher-than-anticipated in-quarter volumes.

Resale 130

Resale Consulting Consultants Accounting 130

The Motley Fool

JULY 20, 2023

Our consolidated pre-tax income was $1.8 billion, with a pre-tax profit margin of 18.3%. Mike Murray -- Executive Vice President and Co-Chief Operating Officer Financial services earned $94 million of pre-tax income in the third quarter on $229 million of revenues, resulting in a pre-tax profit margin of 41.2%.

Banks 130

Banks Securities and Exchange Commission (SEC) Leveraging Taxes 130

The Motley Fool

FEBRUARY 2, 2024

in the aggregate, including property taxes, which represented approximately 36% of our total operating expenses and are projected to increase approximately 3% in 2024. And then maybe on the real estate tax guide. So, the property tax number that we have in our guidance is 3%. Insurance represents 7.5% The midpoint of $1.67

Debt 130

Debt Taxes Capital Assets 130

The Motley Fool

AUGUST 1, 2023

And lastly, the resale home market remains tight as existing buyers are hesitant to leave their low rate mortgages, which limits available inventory and helps to increase new home demand. The second quarter's effective income tax rate was 22% in 2023 compared to 24.6% and an effective tax rate of about 22.5% billion to $6.07

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Resale Banks 130

The Motley Fool

JULY 30, 2024

Pretax net income for the quarter was approximately $77 million, representing a pre-tax profit margin of 12.8%. With rising land and input costs, compounded by higher interest rates and increased cost of insurance and property taxes, today's entry-level customer faces hard choices and has fewer options. Our effective tax rate was 23.8%

Leveraging 130

Leveraging Taxes Debt Capital 130

The Motley Fool

JUNE 15, 2023

Our third strategy is to sharpen our attention on land and land acquisitions, as well as on land and land bank strategy. Tight inventory levels in the resale and new home market propelled demand for available new homes, and we offered a combination of attractive pricing and compelling mortgage rate programs to capture that demand.

Resale 130

Resale Assets Debt Capital 130

The Motley Fool

JANUARY 19, 2024

First question comes from David Begleiter with Deutsche Bank. Dave Begleiter -- Deutsche Bank -- Analyst Thank you. Operator Our next question comes from Stephen Byrne with Bank of America Merrill Lynch. Steve Byrne -- Bank of America Merrill Lynch -- Analyst Yes. Our tax provisioning is about $100 million higher.

Leveraging 130

Leveraging Resale Taxes Capital 130

The Motley Fool

SEPTEMBER 15, 2023

Our third strategy has been to sharpen our attention on land and land acquisition, as well as land and land bank strategies. In our third quarter, we continue to effectively work with our strategic land and land bank partners when they purchase land on our behalf and then deliver just-in-time finished home sites to a homebuilding machine.

Resale 130

Resale Assets Debt Capital 130

The Motley Fool

NOVEMBER 5, 2024

Additionally, we delivered a pre-tax net income margin of 14.1%, up 130 basis points sequentially and significantly higher than our pre-pandemic average of 12.8%. Our effective tax rate was 24.3%, compared to 25.1% Given our performance to date, we expect our full-year tax rate will be approximately 24.5%. last year and 12.8%

Capital 130

Capital Debt Banks Resale 130

The Motley Fool

APRIL 11, 2024

With this program, we are creating the foundation that we'll leverage as we begin to activate the right side of our flywheel and enable customer lifetime value through services, notably beginning with trade-in and resales. During the fourth quarter of fiscal '24 and '23, we recorded an income tax provision of $10.2 By product category.

Resale 130

Resale Leveraging Capital Investing 130

The Motley Fool

FEBRUARY 1, 2024

As we previously discussed, two of the largest population cohorts, the millennials and recently Gen Zs are having life events lean to increased levels of need-based housing that currently cannot be met by the constrained resale of home supply in the market. The fourth quarter's effective income tax rate was 23.2% billion to $6.2

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Finance Financing 130

The Motley Fool

FEBRUARY 26, 2024

And we had a number of core financial management expansions across our HCM customer base, including Ally Financial, Huntington Bank, Intermountain Health, and Stewart Title Guaranty. billion valuation allowance release related to our US deferred tax assets. The FY '25 non-GAAP tax rate is 19%. Operator Thank you.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Education Banks 130

The Motley Fool

AUGUST 3, 2023

Consistent with previous reporting practices, adjusted production numbers cited in today's call are adjusted to exclude noncontrolling interest in Egypt and Egypt tax barrels. We sell our produce gas and basin, and we manage the transport obligation by purchasing third-party gas in basin for resale on the Gulf Coast.

Capital 100

Capital Shareholders Banks Returns 100

The Motley Fool

SEPTEMBER 12, 2024

Last week, we launched our resale platform piloting with our own associates before launching a customer facing experience in the near future. During the second quarter of fiscal 25, we recorded an income tax benefit of $1.8 Net loss for the quarter was $5.9 million, or negative $0.38 per common share, compared to net loss of $0.6

Leveraging 130

Leveraging Finance Financing Capital 130

The Motley Fool

AUGUST 31, 2023

Finally, Q3 industrial resales of $236 million declined 3% year on year, reflecting weak demand in China. And in Q4, though, we expect an improvement with industrial resales up low single-digit percentage year on year, reflecting largely seasonality. Vivek Arya -- Bank of America Merrill Lynch -- Analyst Thanks for taking my question.

Mergers and Acquisitions 246

Mergers and Acquisitions Resale Banks Legal 246

The Big Picture

MAY 7, 2024

So the banks now have the cash to make more loans, and then they sell it to Wall Street. 00:32:57 [Speaker Changed] Tax day was Monday, tax day was, what 00:32:59 [Speaker Changed] Did I forget? And then the third category that we’ve talked a little bit about is I really love resale luxury. Only private sector.

Startups 59

Startups Finance Financing Debt 59

The Big Picture

SEPTEMBER 5, 2023

They were just helping the brokers get a bank loan through the process. I mean, essentially what no one understood in the industry and still don’t understand today in the real estate industry is that when appraisers doing an appraisal for the buyer that’s getting a mortgage, their client is actually the bank.

Taxes 52

Taxes Banks Resale Accounting 52

The Motley Fool

AUGUST 10, 2023

Next in line is Robby Ohmes with Bank of America. Robby Ohmes -- Bank of America Merrill Lynch -- Analyst Thanks. Robby Ohmes -- Bank of America Merrill Lynch -- Analyst Gotcha. Robby Ohmes -- Bank of America Merrill Lynch -- Analyst But just so I understand -- if I understand the math there's $12.5 in fiscal 2022.

Leveraging 130

Leveraging Banks Portfolios Returns 130

The Motley Fool

JULY 6, 2023

They're going to start generating some of their EBITDA, or earnings before interest, taxes, and depreciation, and amortization of more than 600 million this quarter versus a loss of 928 million in Q2 22. They're like runs on banks. You saw revenues more than double this quarter, ticket revenues up 144%, onboard revenues of 59%.

Resale 130

Resale Companies Bidding Earnings Before Interest 130

The Motley Fool

JULY 24, 2024

Now there's a lot of misconceptions around EVs on the separate areas of costs like resale value and insurance, of course, range and charging, and battery life. Well, smaller batteries have an outsized impact on the cost and margin of the vehicle and the consumer tax credit in the U.S. It fits the duty cycle of an EV. And affordability.

Companies 244

Companies Capital Leveraging Resale 244

The Motley Fool

OCTOBER 30, 2024

Overall, we do expect markets to return to a more balanced new home versus resale equilibrium in the future, with some of our submarkets already experiencing increased competition from existing home inventory. The third quarter's effective income tax rate was 21.6% and effective tax rate of about 22.5% Now, turning to Slide 7.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Finance Financing 130

The Motley Fool

AUGUST 7, 2024

In July this year, Honda shares, owned by non-life insurance or banking institutions, have been sold off in the public as much as 500 billion worth. In addition, Honda sold the shares that we have been holding for those non-life insurance and banking institutions as well. Now, profit before income taxes. billion yen.

Depreciation 130

Depreciation Finance Financing Banks 130