The Motley Fool

FEBRUARY 12, 2025

While we're proud of these milestones, I want to acknowledge upfront that for the first time in 33 quarters as a public company, we fell short of our own expectations. However, for the first time in our eight and a half years as a public company, excluding the first quarter of 2020, our results came in below our expectations.

Companies 147

Companies Leveraging Public Companies Capital 147

The Motley Fool

JULY 20, 2023

Good morning, and thank you for joining our second-quarter earnings call and our very first as a public company. Over the last 135 years, we have established ourselves as the world's largest pure-play consumer health company. Turning to taxes. On a reported basis, our tax rate is approximately 32.7%.

Taxes 130

Taxes Public Companies Banks Portfolios 130

The Motley Fool

FEBRUARY 27, 2025

We initially anticipated tax payments of $375 million pertaining to the proceeds from the digital banking sale last year. We have updated our estimates based on tax planning and have lowered the amount to $320 million, of which $20 million was paid in Q4. So that was a public company. We ended the quarter with 1.6

Banks 130

Banks Leveraging Accounting Taxes 130

The Motley Fool

FEBRUARY 8, 2024

2023 was a year of transformational change for our company and for 22,000 Kenvuers around the world. Our teams accomplished a tremendous amount, successfully standing up Kenvue as an independent public company while continuing to drive profitable growth. For taxes, our fourth quarter adjusted effective tax rate was 15.8%.

Taxes 130

Taxes Banks Public Companies Capital 130

The Motley Fool

AUGUST 6, 2024

For taxes, the second-quarter adjusted effective tax rate was 25.7%. Regarding other income and expenses, in the quarter, we incurred a noncash after-tax charge of $337 million to adjust the carrying value of long-lived assets related to the Dr.Ci:Labo business. Now to summarize our expectations for 2024.

Banks 234

Banks Shareholders Taxes Portfolios 234

The Motley Fool

FEBRUARY 27, 2024

Our share dilution has remained at around 1% in each of the three years since we became a public company, including the year of our IPO. This resulted in an income tax net benefit of $861 million for the quarter. Largely impacted by the $895 million in tax reserve adjustments. This adjustment had a $0.49

Taxes 130

Taxes Accounting Shareholders Leveraging 130

The Motley Fool

FEBRUARY 6, 2024

The past year has marked the most transformative in our 25-year history of being a public company as we released MicroStrategy ONE, MicroStrategy AI, MicroStrategy Cloud for Azure, AWS, and now the Google Cloud Platform, and continue to focus on growth in both cloud and AI plus BI. And so increasingly, investors are recognizing this.

Leveraging 130

Leveraging Debt Assets Shareholders 130

The Motley Fool

FEBRUARY 27, 2024

See the 10 stocks *Stock Advisor returns as of February 26, 2024 The company assumes no obligation to update any such forward-looking statements. per weighted average diluted share, a decrease of $0.15, primarily driven by higher interest expense and a higher tax rate. The company continues to be in a strong liquidity position.

Taxes 130

Taxes Leveraging Capital Private Equity Firms 130

The Motley Fool

NOVEMBER 7, 2024

We continue to actively manage our share-based compensation and related payroll taxes, which were $19.5 Lightspeed does not have a presupposed outcome, meaning all options are very much on the table from remaining a stand-alone public company to all the alternatives we are exploring as part of the review process.

Capital 130

Capital Financial Services Accounting Leveraging 130

The Motley Fool

AUGUST 2, 2024

CFOs are waiting for the long anticipated first interest rate cut by the Fed as well as a relief in property insurance and property tax expenses. Our second quarter 2024 same-property performance exceeded our forecast, primarily due to continued lower insurance costs and property taxes, which we discussed a bit on last quarter's call.

Taxes 130

Taxes Debt Capital Portfolios 130

The Motley Fool

MAY 7, 2024

And last week, we announced that Kenvue's near-term greenhouse gas emissions reduction targets were validated by the Science- based Targets Initiative and this in less than one year since becoming a public company, demonstrating our team's passion and commitment on this front. Adjusted diluted earnings per share was $0.28.

Taxes 130

Taxes Banks Public Companies Portfolios 130

The Motley Fool

JANUARY 9, 2024

Cannabis excise taxes, which are a reduction to revenue, totaled $27.4 This reflected a sharp increase in cannabis revenue generated in Canada versus the year-ago period due, in part, to the HEXO and Truss acquisitions and a change in our revenue mix to higher excise tax products. million, compared to $16.8 million last year.

Taxes 130

Taxes Legal Education Shareholders 130

The Motley Fool

OCTOBER 25, 2023

Servicing generated 301 million in pre-tax income, although bear in mind the gain from the trust collapse contributed 67 million. So, with that, let's talk about what we all care about, which is the company's outstanding third-quarter results. And there were some other one-time items in there as well which Chris will elaborate.

Mergers and Acquisitions 100

Mergers and Acquisitions Taxes Banks Capital 100

The Motley Fool

FEBRUARY 13, 2025

Note that last year's adjusted EBITDA included a $604 million lower of cost or market pre-tax charge. Adjusted earnings per share reflected a loss of $1.09, excluding gains on asset sales, reduced restructuring charges, and discrete tax items. And would you be able to explain the wide range in the tax guide for 2025?

Taxes 130

Taxes Capital Leveraging Assets 130

The Motley Fool

FEBRUARY 7, 2025

This outperformance resulted from $0.005 in higher other income and $0.025 in lower operating expenses, driven entirely by lower-than-anticipated core property insurance claims and lower final tax valuations. on property taxes and insurance, respectively. And we're doing that for tax efficiency purposes. The midpoint of $1.68

Debt 189

Debt Leveraging Assets Bidding 189

The Motley Fool

NOVEMBER 8, 2024

Cash on the balance sheet at quarter-end is temporarily higher due to the postponement of certain tax payments until the first quarter of next year from disaster relief granted for severe weather events in Texas, including Hurricane Beryl. EOG recently celebrated our 25th anniversary as an independently traded public company.

Debt 130

Debt Shareholders Leveraging Capital 130

The Motley Fool

JULY 25, 2024

Our actions include continued derisking of our pension liabilities with minimal if any tax outlay. While not impacting previously earned benefits, Dow was able to provide a secure, cost-effective way of paying patient benefits in reducing administrative costs and risk to the company. vision plants by the end of 2025.

Liabilities 130

Liabilities Assets Capital Taxes 130

The Motley Fool

AUGUST 9, 2024

million in excise taxes during the quarter. We estimate that our three business units achieved positive adjusted EBITDA with all of the Q1 adjusted EBITDA losses driven by unallocated corporate overhead costs, including public company costs. The Motley Fool has no position in any of the stocks mentioned.

Public Companies 130

Public Companies Assets Debt Capital 130

The Motley Fool

AUGUST 22, 2024

Our general and administrative expenses for the quarter, excluding stock-based compensation and nonrecurring public company costs in the prior year quarter, were $24.7 This increase is primarily driven by investments to support our growth and recurring public company costs. million compared to $20.4 million in Q2 of 2023.

Leveraging 130

Leveraging Taxes Public Companies Returns 130

The Motley Fool

AUGUST 2, 2023

Second, we are on track to separate NCR into two public companies in the fourth quarter of 2023. The non-GAAP tax rate was 26.2% The prior-year tax rate benefited from a favorable provision and a tax reserve adjustment. First, we are on track to separate NCR into two public companies in the fourth quarter.

Banks 100

Banks Leveraging Public Companies Debt 100

The Motley Fool

AUGUST 1, 2024

We expect operating income in the range of $50 million to $51 million, and we expect an effective tax rate of 11%. We expect an effective tax rate of 11% for 2024. We are currently analyzing our ability to implement certain tax planning strategies in order to manage current and future cash tax liabilities.

Taxes 130

Taxes Funds Leveraging Liabilities 130

The Motley Fool

AUGUST 4, 2023

Last week, Camden's board and executive management team rang the closing bell of the New York Stock Exchange to celebrate Camden's 30th birthday as a public company. FFO yield and a 4.25% tax-adjusted cap rate generating an approximate 13% unleveraged IRR over our 25-year hold period. reduction in Texas taxes.

Debt 100

Debt Taxes Banks Capital 100

The Motley Fool

MAY 3, 2024

Starts will likely fall to just over 200,000 apartments in 2025, primarily driven by low income properties using tax credits and other government support. Our outperformance for the first quarter was also driven by $0.015 and lower operating expenses resulting from lower core insurance claims and lower property taxes.

Debt 130

Debt Taxes Capital Portfolios 130

The Motley Fool

OCTOBER 11, 2024

increased 5%, reflecting a higher tax rate compared to a year ago. Our as-adjusted tax rate for the third quarter was 26%. The prior-year quarter included $215 million of discrete tax benefits, while the third quarter of 2024 was impacted by $22 million of discrete expense. Earnings per share of $11.46

Assets 130

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

The Motley Fool

AUGUST 1, 2024

If you want to judge by comparing us to some of our competitors, like Cutera, which is a public company or Venus and others we're still selling, we're still making money, we still have a positive cash flow. We don't lay down or fire people right now because this is the assets of the company. Because of some tax issues.

Financing 130

Financing Finance Capital Taxes 130

The Motley Fool

AUGUST 9, 2023

We have made significant progress in our first quarter as a public company and are on track with plans to separate fully from Cummins. Our effective tax rate for the second quarter was 24.5%, an increase of 500 basis points from the second quarter of 2022. This range is consistent with our year-to-date average tax rate.

Initial Public Offering 130

Initial Public Offering Banks Taxes Leveraging 130

The Motley Fool

FEBRUARY 8, 2024

And we delivered a 25% free cash flow margin on a trailing 12-month basis or 30% on a pre-tax basis. above the high end of our guidance range, driven by the items I just highlighted, and a slightly lower tax rate, driven by several discrete items related to additional foreign tax credits and incentives. per diluted share.

Taxes 100

Taxes Leveraging Capital Banks 100

The Motley Fool

FEBRUARY 27, 2024

Of course, there are significant benefits to this, the most important of which, from our perspective, is the potential lifting of the confiscatory 280e federal taxes imposed on regulated cannabis operators, and Paul will discuss our thoughts in more detail. But, people are people, and, there is a price-driving quotient, too.

Taxes 100

Taxes Assets Capital Debt 100

The Motley Fool

FEBRUARY 4, 2025

And now, we have paid approximately $45 billion to shareholders in dividends over our history as a public company. per share of noncash after-tax gain from the combination of JCPenney and SPARC Group. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Assets 130

Assets Portfolios Taxes Debt 130

The Motley Fool

MAY 7, 2024

Tom brings four decades of public company experience to Nikola, from GM, to Amazon, to Eaton. As a leader, I am financially invested in the company, and I have never sold one share of Nikola's stock outside of paying tax obligations, period. Welcome to our first quarter 2024 earnings and business update call.

Accounting 245

Accounting Banks Capital Shareholders 245

The Motley Fool

JULY 31, 2024

When you look at the sum of the parts there are -- you can compare us to anybody else in, I think, in the business when you look at some of this but like Newrez, the mortgage company, there were public peers out there. I would encourage you to look at some of the public companies that trade out there.

Capital 130

Capital Amortization Shareholders Financing 130

The Motley Fool

FEBRUARY 5, 2024

Before turning to the results, I would like to provide some perspective on our company as we celebrated our 30th anniversary as a public company mid-December of last year. I want to thank the entire Simon team who have contributed to 30 years of success as a public company. Thanks, Tom. per share, and returned $2.9

Assets 130

Assets Portfolios Enterprise Values Capital 130

The Motley Fool

FEBRUARY 20, 2024

Despite expanding our operational footprint significantly, quadrupling our closings, and increasing our community count by a factor of nearly seven times, we have never taken an inventory impairment, not as a public company and not as a private company before that. Our pre-tax net income for the year was $261.8

Debt 130

Debt Capital Taxes Initial Public Offering 130

The Motley Fool

JUNE 25, 2024

Before we get there though, Nvidia has taken over Microsoft is the most valuable public company in the world. Before we talk about more of the big cap tech companies, all that. But you're talking about companies that are performance enhanced by technology. But there's one statistic I want to zone in on. What say you?

Banks 130

Banks Venture Capital Companies Liabilities 130

The Motley Fool

NOVEMBER 5, 2024

Our effective GAAP tax rate during the quarter was 28.6%, an increase over the effective tax rate in the third quarter of 2023 of 18.6%. We continue to expect a normalized tax rate of about 32%. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Taxes 130

Taxes Accounting Consultants Consulting 130

The Motley Fool

MAY 7, 2024

Most recently, Susan served as a public company CFO for IAA, a global marketplace for automotive buyers and sellers. and our non-GAAP tax rate was 17.2%. For full year 2024, we still expect our underlying non-GAAP tax rate, which approximates cash taxes paid to be approximately 18% and GAAP tax rate to be 21.5%.

Leveraging 130

Leveraging Banks Taxes Capital 130

The Motley Fool

AUGUST 21, 2023

These savings are largely attributed to SG&A and public company costs, supply chain consolidation and operational efficiencies. We are confident that his expertise and strategic vision will continue to drive our company's growth and success. Even though in fact excise taxes pose challenges in the cannabis sector.

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Capital Leveraging 130