Lyft Inc
Lyft: Partnerships, Operational Efficiencies, and Lyft Media to drive growth
2024-06-21
Technology
North America
Company Update
Following the Lyft Investor Day we update our view on the company. SThe key message from management emphasized Lyft’s customer obsession, which is expected to help the company deliver profitable growth. Innovation and partnerships, Operational excellence and Lyft Media are three pillars supporting Lyft’s goal to double its Adj EBITDA margin as a percentage of gross bookings within three years.
Nutrien Ltd
Nutrien 1Q24: company update
2024-05-22
Materials
North America
Quarterly Results
Nutrien’s net earnings reached $165mn and Adjusted EBITDA was $1.1bn in 1Q24. The company reported a YoY improvement in Retail gross margin; however, Retail revenue remains lower YoY and QoQ in 1Q24.
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Mosaic Co
Mosaic 1Q24: Mixed Results; Phosphate Market Remains Favourable
2024-05-15
Technology
North America
Quarterly Results
Mosaic’s results were mixed, with potentially lower shipments anticipated for FY24 than previously expected.
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Uber Technologies Inc
Uber 1Q24: sustained growth in audience and frequency
2024-05-10
Technology
North America
Quarterly Results
Uber reported a 21.1% YoY growth in trips and a 14.6% YoY increase in monthly active platform consumers (MAPC) in 1Q24. The company’s Adjusted EBITDA rose by 82% YoY to $1.4bn.
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Lyft Inc
Lyft 1Q24: healthy YoY results, promising outlook for FCF
2024-05-09
Technology
North America
Quarterly Results
Lyft reported gross bookings of $3.693bn in 1Q24, up 21.1% YoY, but experienced a seasonal decline quarter-on-quarter. For FY24, total rides growth is expected to remain in the mid-teens YoY, and Adj EBITDA as % of gross bookings is anticipated to be 2.1%, with positive FCF.
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Nutrien Ltd
Nutrien 3Q23: back to mid-cycle fundamentals
2023-11-07
Materials
North America
Quarterly Results
In 3Q23, Nutrien reports revenue of $5,631mn, down 31% YoY, and adjusted EBITDA of $1,084mn, down 56% YoY as fertilizer prices return to their 6-year averages.
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Nutrien Ltd
Nutrien 2Q23: guidance downgraded but the demand is promising
2023-08-04
Materials
North America
Quarterly Results
Nutrien reports $11,654mn in revenue, down 20% YoY, and adjusted EBITDA of $2,478mn, down 50% YoY in 2Q23, driven by lower product prices.
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Mosaic Co
Mosaic 2Q23: robust demand is coming back
2023-08-03
Materials
North America
Quarterly Results
The Mosaic Company delivered revenue of $3.4bn in 2Q23, down 37% YoY. Adjusted EBITDA reached $744mn, down 63% YoY in 2Q23, compared to $777mn in 1Q23. Mosaic’s results reflect declining YoY product prices.
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