Latest news with #AAR
GMA Network
21 hours ago
- Politics
- GMA Network
Makabayan: COA, not DPWH, should audit flood control projects
The Commission on Audit (COA) should be the one to probe and audit the flood control projects, opposition lawmakers said Thursday. House Deputy Minority Leader Representative Antonio Tinio of ACT Teachers party-list and House Assistant Minority Leader Renee Co of Kabataan party-list made the statement in the aftermath of Public Works chief Manuel Bonoan's comments that the DPWH does not have enough monitoring mechanisms for flood control projects included and approved by the lawmakers in the national budget. 'We welcome the call to probe and audit flood control projects following the massive flooding that hit Metro Manila and surrounding areas despite the billions allocated for flood mitigation. However, we strongly oppose any move to let the Department of Public Works and Highways (DPWH) conduct its own investigation,' Tinio said. "COA has the technical expertise, independence, and constitutional mandate to conduct thorough audits. They exposed the PDAF (Priority Development Assistance Fund) scam, they questioned the confidential funds—they can certainly uncover the truth behind these flood control failures even by just basing from their previous audit reports," Tinio added. Co, for her part, said the DPWH cannot probe itself as the chief implementor of these flood control projects given that the COA has flagged DPWH many times for its failure to implement infrastructure projects. Co cited that based on the 2023 Annual Audit Report (AAR) on DPWH alone which is the latest available AAR, the DPWH was not able to efficiently implement P131 billion worth of locally funded projects due to inadequate planning, detailed engineering, supervision, and monitoring, resulting in delayed completion and non-implementation of various projects. Likewise, the same COA report showed that the DPWH only completed 450 out of the 905 flood mitigation structures and drainage systems. "Ang DPWH ay kasama sa problema, hindi bahagi ng solusyon. Paano nila i-audit ang sarili nilang kapalpakan? It would be a whitewash, pure and simple," Co, a lawyer, pointed out. (DPWH is part of the problem, not the solution. How can they audit their own failings?) 'We call on the COA to conduct a comprehensive audit of all flood control projects, similar to their work on the pork barrel scam and Vice President Sara Duterte's confidential funds. COA has proven its independence and capability in exposing government anomalies,' Co added. The prevailing inefficiency of DPWH, the lawmakers said, must end. "The people deserve answers, and only an independent body like COA can provide them," We urge Congress to pass a resolution directing COA to conduct an immediate and comprehensive audit of all DPWH flood control projects from 2016 to the present,' they added. GMA News Online has reached out to DPWH and the COA for comment. — BM, GMA Integrated News
Yahoo
4 days ago
- Business
- Yahoo
Boeing (BA) To Report Earnings Tomorrow: Here Is What To Expect
Aerospace and defense company Boeing (NYSE:BA) will be reporting results this Tuesday before the bell. Here's what investors should know. Boeing missed analysts' revenue expectations by 0.6% last quarter, reporting revenues of $19.5 billion, up 17.7% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Is Boeing a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Boeing's revenue to grow 28.5% year on year to $21.67 billion, a reversal from the 14.6% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$1.31 per share. Heading into earnings, analysts covering the company have mixed opinions about the business, with revenue estimates seeing 7 upward and 9 downward revisions over the last 30 days. Boeing has missed Wall Street's revenue estimates five times over the last two years. Looking at Boeing's peers in the aerospace segment, some have already reported their Q2 results, giving us a hint as to what we can expect. AAR delivered year-on-year revenue growth of 14.9%, beating analysts' expectations by 8.6%, and Textron reported revenues up 5.4%, topping estimates by 2.4%. AAR traded up 13.4% following the results while Textron was down 8.9%. Read our full analysis of AAR's results here and Textron's results here. There has been positive sentiment among investors in the aerospace segment, with share prices up 6.8% on average over the last month. Boeing is up 11.3% during the same time and is heading into earnings with an average analyst price target of $240.08 (compared to the current share price of $233.27). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
5 days ago
- Business
- Yahoo
Woodward (WWD) Reports Earnings Tomorrow: What To Expect
Aerospace and defense company Woodward (NASDAQ:WWD) will be reporting results this Monday after market hours. Here's what to look for. Woodward beat analysts' revenue expectations by 5.7% last quarter, reporting revenues of $883.6 million, up 5.8% year on year. It was a strong quarter for the company, with a solid beat of analysts' organic revenue estimates and an impressive beat of analysts' EBITDA estimates. Is Woodward a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Woodward's revenue to grow 4.4% year on year to $885.2 million, slowing from the 5.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.64 per share. Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 3 upward revisions over the last 30 days (we track 10 analysts). Woodward has missed Wall Street's revenue estimates twice over the last two years. Looking at Woodward's peers in the aerospace segment, some have already reported their Q2 results, giving us a hint as to what we can expect. AAR delivered year-on-year revenue growth of 14.9%, beating analysts' expectations by 8.6%, and Textron reported revenues up 5.4%, topping estimates by 2.4%. AAR traded up 13.4% following the results while Textron was down 8.9%. Read our full analysis of AAR's results here and Textron's results here. There has been positive sentiment among investors in the aerospace segment, with share prices up 6.7% on average over the last month. Woodward is up 5.3% during the same time and is heading into earnings with an average analyst price target of $266.31 (compared to the current share price of $259). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Woodward (WWD) Reports Earnings Tomorrow: What To Expect
Aerospace and defense company Woodward (NASDAQ:WWD) will be reporting results this Monday after market hours. Here's what to look for. Woodward beat analysts' revenue expectations by 5.7% last quarter, reporting revenues of $883.6 million, up 5.8% year on year. It was a strong quarter for the company, with a solid beat of analysts' organic revenue estimates and an impressive beat of analysts' EBITDA estimates. Is Woodward a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Woodward's revenue to grow 4.4% year on year to $885.2 million, slowing from the 5.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.64 per share. Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 3 upward revisions over the last 30 days (we track 10 analysts). Woodward has missed Wall Street's revenue estimates twice over the last two years. Looking at Woodward's peers in the aerospace segment, some have already reported their Q2 results, giving us a hint as to what we can expect. AAR delivered year-on-year revenue growth of 14.9%, beating analysts' expectations by 8.6%, and Textron reported revenues up 5.4%, topping estimates by 2.4%. AAR traded up 13.4% following the results while Textron was down 8.9%. Read our full analysis of AAR's results here and Textron's results here. There has been positive sentiment among investors in the aerospace segment, with share prices up 6.7% on average over the last month. Woodward is up 5.3% during the same time and is heading into earnings with an average analyst price target of $266.31 (compared to the current share price of $259). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Globe and Mail
24-07-2025
- Business
- Globe and Mail
Senior VP Is Granted Shares of AAR (AIR)
Jessica A. Garascia, Senior VP, GC, CAO & Secretary, acquired 4,816 shares of AAR (NYSE:AIR) on July 17, 2025, via a grant transaction valued at approximately $402,810. Transaction summary Metric Value Shares Traded 4,816 Transaction Value $402,810 Post-Transaction Shares 30,657 Year-to-date performance 29.8% total return as of July 20, 2025 Key questions How does the size of this transaction compare to the insider's historical activity? This purchase of 4,816 shares is below Jessica A. Garascia's historical median transaction size of 9,765 shares, based on transactions from November 2, 2022, to July 17, 2025, and well below the 75th percentile mark of 23,150 shares, indicating a relatively modest grant compared to prior activity. What is the impact on insider ownership and alignment? The transaction raises Garascia's post-transaction holdings to 30,657 shares, representing approximately 0.08% of total shares outstanding. Is there any observable shift in trading behavior based on recent patterns? Recent data shows a shift toward more balanced buy and sell activity, with the last five transactions split evenly between purchases and sales (50% buys over the past 12 months). How does this transaction align with market performance? The acquisition occurred after a 29.8% year-to-date total return for AAR as of July 20, 2025. Company overview Metric Value Market Capitalization $2.91 billion Revenue (TTM) $2.78 billion Net Income (TTM) $12.50 million One-Year Price Change 15.7% Company snapshot Provides aftermarket aviation services, including maintenance, repair, overhaul, inventory management, engineering, and expeditionary equipment for commercial and defense markets. Generates revenue through service contracts, product sales, leasing, and performance-based supply chain logistics, with a focus on recurring support for aircraft fleets and government programs. Serves domestic and foreign passenger and cargo airlines, regional carriers, OEMs, aircraft lessors, and military/government agencies worldwide. AAR is a leading independent provider of aviation services, leveraging a global footprint to support commercial and defense customers with mission-critical aftermarket solutions. Foolish take Jessica A. Garascia is a Senior Vice President at AAR Corp, where she serves as General Counsel, Chief Administrative Officer, and Secretary. She recently acquired restricted stock worth slightly more than $400 thousand "upon certification of performance criteria pursuant to a Restricted Stock Agreement." In other words, this is a reward for the company outperforming targets that had been set to trigger stock awards. Given that the stock has increased by 25% in 2025, shareholders are unlikely to begrudge the transaction, as it aligns with the principle that management should be incentivized to generate value for shareholders. It comes as AAR Corp recently reported excellent fourth-quarter 2025 earnings, which closed out a year with 20% revenue growth and 17% earnings growth. AAR Corp's primary business is parts supply, repair, and engineering services to commercial and cargo airlines, as well as aerospace original equipment manufacturers and military customers. It has long-standing relationships with its key customers. It has been performing well, as commercial flight departures have recovered, and airplane deliveries from Boeing and Airbus have lagged behind expectations in recent years. That means older planes are flying more, and that's usually good news for companies whose end market is tied to the supply and repair of replacement parts. Couple that with good execution on its growth initiatives, such as its new parts distribution business, and the stock's outperformance seems justified. Glossary Insider: A company executive, director, or major shareholder with access to non-public company information. Grant transaction: The allocation of shares or stock options to an employee, usually as part of compensation or incentive plans. Post-transaction holdings: The total number of shares an insider owns after completing a transaction. Total return: The investment's price change plus all dividends and distributions, assuming those payouts are reinvested. Aftermarket aviation services: Maintenance, repair, and support provided for aircraft after their initial sale or delivery. Maintenance, repair, overhaul (MRO): Services that keep aircraft operational, including routine checks, fixing issues, and major refurbishments. Performance-based supply chain logistics: Service contracts where payment depends on meeting specific performance or delivery targets. OEM (Original Equipment Manufacturer): A company that produces parts or equipment that may be marketed by another manufacturer. Expeditionary equipment: Specialized gear designed for rapid deployment and use in field or military operations. TTM: The 12-month period ending with the most recent quarterly report. Insider ownership: The proportion of a company's shares held by its executives, directors, and key stakeholders. Transaction value: The total dollar amount involved in a specific share purchase or sale. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,037%* — a market-crushing outperformance compared to 182% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of July 21, 2025
