EBIT ETF

RH's earnings for the third quarter of 2024 showed an 8.1% year-over-year increase, with a better adjusted EBIT margin and strong demand trends, although the adjusted EPS fell short of expectations. Key factors for growth include the Waterworks initiative, new gallery openings, and a move towards Design Galleries, which could boost RH's long-term growth. However, RH's current high valuation raises concerns about maintaining the 23x forward EBIT multiple, making potential gains less appealing.

In the third quarter, the express and parcels sector experienced significant year-on-year growth, with mail benefiting from legislative elections, even though overall mail volumes are decreasing. Financial services reported a performance of 6.2 million EUR, and Banco CTT saw a 2.5% increase in revenue compared to last year, despite ending its partnership with the Universo card. Although higher depreciation costs in logistics affected recurring EBIT growth, if we exclude software investments, EBIT growth would have been about 12%.

AMSTERDAM--(BUSINESS WIRE)--Prosus N.V. (Prosus) (AEX and JSE: PRX): The first half of the financial year has been very successful for the Group. We achieved a 26% increase in revenue, reaching US$3.0 billion in consolidated Ecommerce sales, and our adjusted EBIT for Ecommerce grew fivefold to US$181 million. We also celebrated the listing of Swiggy, which is valued at US$11.3 billion, and sold over US$2 billion in assets, including part of our Swiggy shares and our Trip.com investment.

Toronto, Ontario--(Newsfile Corp. - November 14, 2024) - Vertiqal Studios Corp. (TSX: VRTS) (OTCQB: VERTF) (FSE: 9PY0) ("the Company") - Vertiqal Studios, a prominent digital-channel network and video-production studio, which also owns North America's largest gaming and lifestyle network on social media, is excited to share its Q3 financial results, marking its first quarter with positive EBIT. Below is a summary of the financial performance for the three and nine months ending September 30, 2024, compared to the same periods in 2023.

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a leader in building products for homes and businesses, has announced its results for the third quarter of 2024. The company reported net sales of $3.0 billion, which is a 23% increase from the previous year, with its newly acquired doors business contributing $573 million. They achieved a net earnings margin of 11%, an adjusted EBIT margin of 19%, and an adjusted EBITDA margin of 25%, resulting in a diluted EPS of $3.65 and an adjusted diluted EPS of $4.38, along with an operating cash flow of $699 million.

Management expects stronger sales growth in the second half of the year, thanks to increased volume in the USA and China. There is potential for improved profit margins, supported by a strong backlog. With solid financial fundamentals and a long-term growth trend, Air Liquide is considered a good investment, especially since it is undervalued compared to its main competitor.