Petco Health and Wellness is upgraded to Hold as margin and FCF improve, but top-line weakness persists. WOOF's Q3 showed 21% y/y adjusted EBITDA growth and $61M in Q3 FCF, reflecting effective cost control and better inventory management. Net sales declined 3.1% y/y and comparable sales fell for the third consecutive quarter, highlighting ongoing brand and demand challenges.
Barrick Mining Corporation (B) remains a top gold mining pick, with strong financials, Tier One gold and copper assets, and a robust global project pipeline. B delivered record Q3 cash flow, is advancing non-core asset divestitures, and maintains a solid balance sheet with improving net cash and dividend policy. Key catalysts include resolution of Mali disputes, Elliott Management's activist stake, CEO transition, and major projects like Reko Diq and Lumwana expansion advancing.
CDE's witnesses record free cash flow on stronger production, higher metal prices and sharply reduced capex.
AngloGold Ashanti (AU) delivered record Q3 2025 free cash flow of $920M, driven by strong gold prices, production growth, and cost control. AU achieved a 61% year-over-year increase in gold sales revenue and a 185% surge in net income, with EBITDA margin expanding from 51% to 66%. Operational highlights include robust African mine contributions, especially from Sukari, and disciplined cost management, supporting a 9% FCF yield and 4.5% dividend yield.
Devon Energy Corporation is rated a "Buy," supported by a competitive cost structure and new long-term natural gas contracts. DVN benefits from a low break-even oil production cost, outperforming sector peers and enhancing profitability potential. Key risks include market volatility, negative Levered FCF Margin (-8.3%), and high debt levels, which require close monitoring.
Lufthansa's Q3 results show record revenue of €11.2 billion, with robust performance in the airlines and cargo segments. The company's strong free cash flow, reduced net debt, and ongoing cost optimization support a constructive outlook and reinforce the turnaround plan. Valuation remains attractive, with a confirmed price target of €10.5 per share, backed by sum-of-the-parts analysis and MRO upside. Lufthansa also reaffirmed its FY25 guidance.
First Commonwealth Financial Corporation ( FCF ) Q3 2025 Earnings Call October 29, 2025 2:00 PM EDT Company Participants Ryan Thomas - Vice President / Finance and Investor Relations Thomas Michael Price - President, CEO & Director James Reske - Executive VP, CFO & Treasurer Brian Sohocki - Executive VP & Chief Credit Officer Michael McCuen - Chief Banking Officer, EVP & Chief Lending Officer Jane Grebenc - Executive VP, Chief Revenue Officer & Director Conference Call Participants Daniel Tamayo - Raymond James & Associates, Inc., Research Division Karl Shepard - RBC Capital Markets, Research Division Charles Driscoll - Keefe, Bruyette, & Woods, Inc., Research Division Matthew Breese - Stephens Inc., Research Division Daniel Cardenas - Janney Montgomery Scott LLC, Research Division Presentation Operator Thank you for standing by. My name is Danielle, and I will be your conference operator today.
While the top- and bottom-line numbers for First Commonwealth Financial (FCF) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
First Commonwealth Financial (FCF) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.31 per share a year ago.
Magnolia has minimal net debt, and its notes don't mature until 2032. It is unhedged but still appears capable of generating close to $400 million in 2026 free cash flow at high-$50s oil. Magnolia appears to be able to cover its dividend as long as oil prices are at $45+.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Commonwealth Financial (FCF) have what it takes?
Expand has a strong position in the Haynesville, which accounts for around 41% of its 2025 production and 54% of its 2025 D&C capex. Expand may be able to generate $3+ billion per year in free cash flow in 2026 and 2027 at current strip (of around $4 NYMEX natural gas). Although oil prices are relatively weak, most of Expand's revenue comes from natural gas and weak oil prices also can have a slight positive effect on natural gas.