Streetbeat News

Earnings

GIS

General Mills reported a miss on Q4 revenue, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 11:29 am

FUL

H.B. Fuller Company (NYSE:FUL) is expected to report lower Q2 earnings at $1.04 per share, down from $1.11 per share a year ago. The company's revenue is projected to be $969.6 million. Analysts from JP Morgan, Baird, and Deutsche Bank have recently adjusted their price targets for the company, with varying degrees of optimism.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 11:21 am

ROIV

Roivant Sciences (NASDAQ:ROIV) reported Q4 losses of $(0.20) per share, beating the analyst consensus estimate of $(0.36) by 44.44%. The company also reported quarterly sales of $27.38 million, surpassing the analyst consensus estimate of $21.53 million by 27.15%. This represents a 196.82% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 11:19 am

CLNN

NTWK

REKR

Insiders at Rekor Systems, NetSol Technologies, and Clene Inc. have been aggressively buying shares, indicating their confidence in the companies' prospects. Rekor Systems reported worse-than-expected Q1 results, while NetSol Technologies posted a Q3 profit. Clene announced the publication of Phase 2 clinical data for the treatment of ALS.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 11:15 am

GIS

General Mills (NYSE:GIS) reported its Q4 earnings results, beating estimated earnings by 4.67% with an EPS of $1.12 versus an estimate of $1.07. Revenue was up $139.00 million from the same period last year. Last quarter, the company beat on EPS by $0.05, which was followed by a 3.23% increase in the share price the next day.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 11:10 am

GIS

General Mills has projected an increase in its FY24 organic net sales by 3-4% and an increase in its adjusted EPS by 4-6% in constant currency.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 11:04 am

GIS

General Mills reported Q4 adjusted earnings of $1.12 per share, beating the analyst consensus estimate of $1.07 by 4.67%. However, the company's quarterly sales of $5.03 billion missed the analyst consensus estimate of $5.17 billion by 2.71%. This represents a 2.84% increase over sales of $4.89 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 11:01 am

Global Blue Group Holding reported a 121.4% YoY increase in Q4 revenue to $93.2M, but also an adjusted net income loss of $(1.07)M.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 10:28 am

AEMD

AOUT

CNXC

CULP

FUL

GIS

SSU

UNF

VTGN

WOR

Several companies are scheduled to report their earnings on June 28, 2023. These include General Mills, SIGNA Sports United, UniFirst, Global Blue Gr Holding, BlackBerry, Culp, Concentrix, Worthington Industries, Micron Technology, H.B. Fuller, Vistagen Therapeutics, Aethlon Medical, American Outdoor Brands, and Franklin Covey.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 9:41 am

AVAV

GIS

TOVX

UNF

General Mills, AeroVironment, UniFirst Corporation, Theriva Biologics, and Micron Technology are the stocks to watch on Wednesday. General Mills is expected to report quarterly earnings of $1.06 per share on revenue of $5.17 billion. AeroVironment reported downbeat earnings for its fourth quarter, while sales topped estimates. UniFirst Corporation is expected to have earned $1.79 per share on revenue of $564.18 million. Theriva Biologics received Orphan Drug Designation from the FDA for VCN-01 for the treatment of pancreatic cancer. Micron Technology is expected to post a quarterly loss at $1.57 per share on revenue of $3.67 billion.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 8:12 am