Ashtead: Still A Long-Term Buy
Ashtead has seen a strong price rise in 2023 so far, far outpacing the S&P 500 index. Its upcoming results could bolster it further. The construction equipment rental provider has already seen robust growth, and its outlook is healthy too. It also has a record of beating expectations.
Ashtead Group plc (ASHTF) Q2 2023 Earnings Call Transcript
Ashtead Group plc (OTCPK:ASHTF) Q2 2023 Earnings Conference Call December 6, 2022 5:00 AM ET Company Participants Brendan Horgan - Chief Executive Officer Michael Pratt - Chief Financial Officer Will Shaw - Director, Investor Relations Conference Call Participants Rahul Chopra - HSBC Annelies Vermeulen - Morgan Stanley Arnaud Lehman - Bank of America James Rose - Barclays Dominic Edridge - Deut...
Ashtead: Long-Term Buy
Industrial equipment supplier Ashtead reported strong financials recently and upgraded revenue forecasts. Despite high inflation and a recession in the US, its biggest market, it's poised to make further gains. The US's infrastructure spending is expected to bolster the construction sector, while Ashtead's strong margins indicate pricing power. Its interest coverage ratio is also healthy, despi...
9 Monate alt
Ashtead Group plc (ASHTF) CEO Brendan Horgan on Q4 2022 Results - Earnings Call Transcript
Ashtead Group plc (OTCPK:ASHTF) Q4 2022 Earnings Conference Call June 14, 2022 4:30 AM ET Company Participants Brendan Horgan - CEO Michael Pratt - CFO Conference Call Participants Andrew Wilson - JPMorgan Arnaud Lehmann - Bank of America Suhasini Varanasi - Goldman Sachs Allen Wells - Jefferies Anvesh Agrawal - Morgan Stanley Jane Sparrow - Barclays Neil Tyler - Redburn Brendan Horgan Good mor...
9 Monate alt
Ashtead Group records jump in pretax profit; raises dividend
Ashtead Group PLC (LSE:AHT) said its profit for fiscal 2022 and fourth quarter rose as it raised its dividend. Pretax profit for the fourth quarter 2022 was US$386mln compared to US$306mln last year, while pretax profit for fiscal 2022 grew 35% to US$1.66bn.
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