Jul. 24 at 11:32 AM
$ADT Cash flows up 9%,
$112 million left on their share repurchase plan. They repurchase over
$90 million shares last quarter. A super strong earnings report. They have chosen to keep their 2025 forward guidance... but, honestly, if this keeps.up they are set to surpass. Playing it conservatively safe with forward guidance is smart from an expectations standpoint.
Keep in mind... We still have a weak home sales environment. When mortgage rates drop, perhaps that changes... More homes sold =s more potential customers.