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And just like that Edmonton’s traditional outscorers have been reduced to a break-even crew.
As a result, E&S reported a combined ratio of 96 for 2022, improving from break-even results in 2021.
Source: https://www.insurancejournal.com/news/national/2023/09/06/739279.htm
Fund Selection SPDR ETF () closed below the break-even point.
I recall him saying that $70.00 a barrel was the Saudi's "break-even point" for their oil production to support their economy.
Source: https://seekingalpha.com/article/4637622-can-q4-redeem-2023-key-arguments?source=feed_all_articles
The airline said third-quarter results would range from break-even to a loss of 20 cents per share.
The Chicago Fed's Adjusted Index's real break-even point is roughly -0.25.
While it remains to be seen when SE expects to achieve break-even, market analysts are already expecting an optimistic adj. profitability from FY2024 onwards, with adj. EPS of $0.34 and FCF generation of $639.52M.