Streetbeat News

Earnings

SNX

TD Synnex reported Q2 earnings of $2.43 per share, missing the analyst consensus estimate of $2.55 by 4.71%. Sales were $14.06 billion, missing the estimate of $14.42 billion by 2.48%. This represents a 10.66% decrease in earnings and a 7.91% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:09 pm

SCHN

Schnitzer Steel Industries (SCHN) reports that the near-term economic environment is showing signs of a slowdown.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:03 pm

MANU

Manchester United (NYSE:MANU) reported Q3 adjusted EPS of $(0.09), missing the $(0.05) estimate, while sales of $206.54M beat the $173.69M estimate. This represents a 50% improvement in EPS and a 0.68% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:02 pm

SCHN

Schnitzer Steel Indus reported Q3 adjusted earnings of $0.67 per share, beating the $0.64 estimate, but sales of $810 million missed the $823.95 million estimate. This represents a 74.13% decrease in earnings and a 19.80% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:01 pm

BJ

RCUS

VRNT

WRBY

Insiders have recently sold shares in BJ's Wholesale Club, Verint Systems, Warby Parker, and Arcus Biosciences. BJ's Wholesale Club reported worse-than-expected Q1 sales results, while Verint Systems, Warby Parker, and Arcus Biosciences posted better-than-expected quarterly results or expanded partnerships.

Portfolio Pulse from Lisa Levin

June 27, 2023 | 11:58 am

WBA

Walgreens Boots Alliance's Q3 FY23 sales increased 8.6% Y/Y to $35.4 billion, beating consensus estimates. However, adjusted EPS of $1.00 missed the consensus of $1.07. The company lowered its FY23 adjusted EPS guidance to $4.00-$4.05 from the previous $4.45 - $4.65.

Portfolio Pulse from Vandana Singh

June 27, 2023 | 11:54 am

DAL

Delta Air Lines has increased its 2023 free cash flow (FCF) guidance to $3 billion and reiterated its 2024 targets of over $4 billion, according to a filing.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:19 am

DAL

Delta Air Lines (DAL) maintains its 2024 earnings per share (EPS) guidance of over $7, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:15 am

DAL

Delta Air Lines (DAL) expects its 2023 earnings per share (EPS) to be at the top end of the $5-$6 range, according to a recent filing. The current consensus estimate is $5.81.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:13 am

MANU

Manchester United has raised its FY23 revenue outlook to a record £630M-£640M, up from the previous guidance of £590M-£610M, and increased its adjusted EBITDA outlook to £140M-£150M from £125M-£140M.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 11:13 am