WMBishop
𝗔𝘂𝗴𝘂𝘀𝘁 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 Five of our companies are due to report earnings in August. Details are given in the table below $AAPL (Apple) will report their third quarter earnings after the market closes tonight. Next week $MNST (Monster Beverage Corp) and $TGNA (TEGNA Inc) will both report quarterly earnings on 7th August. UK based insurer, $ADM.L (Admiral Group) will update the market on 15th August. Finally, $EL (Estee Lauder Companies Inc) will report their full year earnings for 2024 on 19th August. As you may be aware by now, I place great importance on the earnings reports of my companies. An individual quarterly report on its own does not determine the basis of my investment decisions but a series of quarterly reports provides a strong foundation for decision making. 𝗜𝘁 𝗶𝘀 𝗳𝗮𝗿 𝗺𝗼𝗿𝗲 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝘁𝗼 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝗶𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝗼𝘂𝗿 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝘁𝗵𝗮𝗻 𝘄𝗵𝗮𝘁 𝗶𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘁𝗵𝗲 𝘀𝗵𝗼𝗿𝘁 𝘁𝗲𝗿𝗺 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲𝗶𝗿 𝘀𝗵𝗮𝗿𝗲 𝗽𝗿𝗶𝗰𝗲𝘀. I will read each earnings release and all conference calls. I may add to some of our existing positions using the available cash in the portfolio. If you have any comments or questions then please don't hesitate to comment below Best wishes Bill