Maria Bartiromo Complains She’s Losing Twitter Followers

Boeing Q4 Loss Sharply Widens – Quick Facts

Boeing Co. (BA) on Wednesday reported fourth-quarter net loss attributable to Boeing shareholders of $8.42 billion or $14.65 per share, sharply wider than $1.01 billion or $1.79 per share in the year-ago quarter, primarily reflecting the impacts of COVID-19, 737 MAX grounding and commercial widebody programs.

Excluding special items, core loss for the quarter was $15.25 per share, compared to core loss of $2.33 per share in the prior-year quarter.

Total revenues for the quarter declined 15 percent to $15.30 billion from $17.91 billion in the same quarter last year, reflecting lower commercial deliveries and services volume primarily due to COVID-19 as well as 787 production issues.

On average, analysts polled by Thomson Reuters expected the company to report a loss of $1.80 per share on revenues of $15.07 billion for the quarter. Analysts’ estimates typically exclude special items.

During the quarter, Commercial Airplanes delivered 59 airplanes, down 25 percent from 79 airplanes in the year-ago period. Total company backlog at quarter-end was $363 billion. Commercial Airplanes backlog included over 4,000 airplanes valued at $282 billion.

Norfolk Southern Raises Dividend – Quick Facts

Norfolk Southern Corporation (NSC) announced that its board has approved a 5% increase in its quarterly dividend on the company’s common stock, from 94 to 99 cents per share. The dividend is payable March 10 to shareholders of record on Feb. 5.

The company also announced an increase to its long-term target dividend payout ratio to a range of 35-40% of net income from 33%.

Fourth-quarter net income was $671 million, and earnings per share were $2.64. Income from railway operations was $1.0 billion, an increase of 2% year-over-year. Railway operating revenues of $2.6 billion was down 4%, driven by a 1% decline in volume, lower fuel surcharges, and differing business mix.

Amphenol Corp. Q4 adjusted earnings Beat Estimates

Amphenol Corp. (APH) revealed a profit for its fourth quarter that increased from last year.

The company’s profit came in at $357.0 million, or $1.15 per share. This compares with $318.7 million, or $1.03 per share, in last year’s fourth quarter.

Excluding items, Amphenol Corp. reported adjusted earnings of $352.9 million or $1.13 per share for the period.

Analysts had expected the company to earn $1.02 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 13.0% to $2.43 billion from $2.15 billion last year.

Amphenol Corp. earnings at a glance:

-Earnings (Q4): $352.9 Mln. vs. $301.9 Mln. last year.
-EPS (Q4): $1.13 vs. $0.98 last year.
-Analysts Estimate: $1.02
-Revenue (Q4): $2.43 Bln vs. $2.15 Bln last year.

Next quarter EPS guidance: $0.90 – $0.94
Next quarter revenue guidance: $2.12 – $2.18 Bln

Johnson Pledges Roadmap to Lift Lockdown as U.K. Tightens Border

U.K. Prime Minister Boris Johnson will set out his plan to reopen schools on Wednesday and is drawing up a longer term blueprint for lifting the national lockdown, even as the country mourns 100,000 deaths from the pandemic.

Johnson confirmed that Home Secretary Priti Patel will detail “tougher” borderquarantine rules for passengers arriving in the U.K. from hot spot countries, when she speaks to Parliament later Wednesday. Before then, the premier himself will update the House of Commons on the pandemic, including, he said, on plans for schools to return to face-to-face teaching.

U.K. Faces Up to Painful Lessons After 100,000 Covid Deaths

The country is in its third national lockdown, battling a more contagious and potentially deadlier new strain of coronavirus. On Tuesday, the U.K. became the first country in Europe to pass 100,000 deaths from Covid-19.

Patel will set out “even tougher measures for those red list countries where we are particularly concerned about new variants” of coronavirus, Johnson told members of Parliament.

Amphenol Board Approves 2-for-1 Stock Split – Quick Facts

While reporting its financial results for the fourth quarter on Wednesday, Amphenol Corp. (APH) said its board of directors has approved a 2-for-1 stock split to be paid in the form of a dividend to shareholders of record as of February 16, 2021. The company expects the additional shares will be distributed on March 4, 2021.

Looking ahead to the first quarter of 2021, Amphenol forecast sales in a range of $2.12 billion to $2.18 billion, representing 14 percent to 17 percent growth over 2020, and adjusted earnings per share in a range of $0.90 to $0.94, representing 27 percent to 32 percent growth over 2020. On a post-split basis, this would represent adjusted earnings per share in the range of $0.45 to $0.47.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.93 per share for the quarter on revenues of $2.07 billion. Analysts’ estimates typically exclude special items.

Amphenol said it is not providing full-year sales and earnings per share outlook at this time due to the uncertainties created by the COVID-19 pandemic.

Maria Bartiromo Complains She’s Losing Twitter Followers

Poor Maria Bartiromo. The Fox Business and Fox News personality complained Tuesday about losing followers on Twitter after her guest, Sen. Josh Hawley (R-Mo.), called for conservatives not to “bow down to the woke mob.” (Watch the clip below.)

Hawley, a diehard fan of ex-President Donald Trump, has been harping about an imagined liberal plot to silence Republicans since a mob of Trump-supporting extremists ― stirred in part by Hawley himself ― attacked the U.S. Capitol. He lost a book contract because of his election denialism and wrote in a New York Post op-ed that he was being muzzled.

Bartiromo ― who had several tweets flagged by Twitter for “misleading” content about the election, Newsweek noted ― commiserated with Hawley in a segment on Fox News titled “The Left’s Censorship Obsession.”

“Yeah, I had ― right around the election ― 1 million followers on Twitter,” Bartiromo said. “Now I have under 900,000. Literally in a couple of weeks. I don’t know what’s going on there!”

Bartiromo, whose Twitter following stood at 894,000 as of Wednesday morning, was likely feeling the effects of the social media company’s banning of QAnon conspiracy accounts earlier this month for spreading claims that could cause “offline harm” following the Capitol riot. Trump, who Bartiromo enthusiastically boosted on her shows, was banned from Twitter this month for promoting violence.

People on Twitter weren’t exactly feeling Bartiromo’s pain.

H/T The Daily Beast