-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：AMP公佈的2026年第一季調整後每股收益為11.26美元，高於去年同期的9.50美元，增幅達19%，超過了我們先前10.12美元的預期和10.21美元的市場普遍預期。 GAAP每股收益為9.68美元，高於去年同期的5.83美元，反映了按市值計價的收益，而去年同期則為虧損。營收成長11%，超過了我們先前的預期以及2026年6%-10%的成長預期。稅前調整後營業利益率提升130個基點至28%，這得益於營收成長和成本控制措施。 AMP繼續推進其大規模資本回報計劃，第一季向股東返還了9.36億美元（佔調整後營業收益的70%），併計劃在2025年返還34億美元（佔收益的88%），這反映了其強勁的自由現金流生成能力以及對自身商業模式的信心。我們預計管理層將在4月24日的財報電話會議上重點強調這些業績以及公司的特許經營價值。公司維持了業界領先的調整後營運淨資產收益率（ROE），達到54.3%，高於第四季的53.2%。同時，5%的股份數量減少也支撐了每股盈餘指標，但我們認為投資人可能對正在進行的LPL Financial訴訟有疑問。
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Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.
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