Highlights and Lowlights from Q2 Earnings Season

August 27, 2021

The recent earnings season offered a glimpse of some of the major trends driving growth in Reaves’ coverage areas, including renewable energy demand, infrastructure investment, and continued demand for wireless infrastructure. With the earnings calls now behind us, our CEO sat down to reflect on them.

In a short video, Jay Rhame highlights some of the issues mentioned on earnings calls by a few companies in Reaves’ investment universe, including a record backlog for renewable energy products at one company, and how new state laws are encouraging infrastructure investment and M&A activity for another.

The short video captures both the positive details, and even the disappointments, that affected Reaves’ portfolios.

YOU CAN WATCH IT HERE >

 

A New Era for Infrastructure? What Investors Need to Know

Disclosures:
Reaves Asset Management is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Registration does not imply any skill or training. Reaves is a privately held, independently owned “S” corporation organized under the laws of the State of Delaware.

The information provided in this blog does not constitute, and should not be construed as, investment advice or recommendations with respect to the securities and sectors listed. Investors should consider the investment objective, risks, charges and expenses of all investments carefully before investing. Any projections, outlooks or estimates contained herein are forward looking statements based upon specific assumptions and should not be construed as indicative of any actual events that have occurred or may occur.

The securities mentioned in the video linked in this blog were held in some portfolios managed by Reaves Asset Management as of its 13F filing on 6/30/21.

Mergers and acquisitions (M&A) is a general term that describes the consolidation of companies or assets through various types of financial transactions, including mergers, acquisitions, consolidations, tender offers, purchase of assets, and management acquisitions.

Past results do not guarantee future performance. Further, the investment return and principal value of an investment will fluctuate; thus, investor’s equity, when liquidated, may be worth more or less than the original cost. This document provides only impersonal advice and/or statistical data and is not intended to meet objectives or suitability requirements of any specific individual or account.

All investments involve risk, including loss of principal. All data is presented in U.S. dollars.
Cash is cash and cash equivalents.
An investor cannot invest directly in an index. 
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Please contact your financial professional, or click the following links, for a copy of Reaves’ Form ADV Part 2A and Form CRS.
Additional information about Reaves may be found on our website:  www.reavesam.com.
2021 © Reaves Asset Management (W. H. Reaves & Co., Inc.)

 

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