Streetbeat News

Earnings

LUV

Southwest Airlines expects Q2 2023 capacity and CASM-X to be in line with previous guidance, and continues to anticipate solid profits for Q2 and FY 2023, both excluding special items.

Portfolio Pulse from Charles Gross

June 01, 2023 | 10:44 am

HRL

Hormel Foods (NYSE:HRL) reported Q2 earnings with in-line EPS of $0.4 and revenue down $120 million YoY. Management provided FY 2023 guidance, expecting earnings between $1.7 and $1.82 per share.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 10:40 am

HRL

Hormel Foods reaffirms its FY23 guidance, expecting net sales growth of 1%-3% and EPS of $1.70-$1.82, in line with the consensus estimate of $1.72.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:34 am

HRL

Hormel Foods (HRL) anticipates sales and earnings growth in the second half of the year, driven by strong demand for its products.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:32 am

HRL

Hormel Foods reported Q2 earnings of $0.40 per share, a 16.67% decrease from last year, and sales of $2.98 billion, missing the $3.05 billion estimate by 2.39%.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:31 am

LI

Li Auto reported a 146% YoY increase in vehicle deliveries for May 2023, with 28,277 vehicles delivered. This marks the third consecutive month of delivering over 20,000 vehicles and the second straight month of delivering over 10,000 Li L7s. The company's monthly gross sales exceeded RMB10 billion for the first time.

Portfolio Pulse from Shivani Kumaresan

June 01, 2023 | 10:18 am

BILI

Bilibili (NASDAQ:BILI) reported Q1 earnings with an EPS of $-0.37, beating estimates by 9.76%. However, revenue was down $59.10 million compared to the same period last year.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 10:15 am

DOOO

BRP (NASDAQ:DOOO) reported Q1 earnings with an EPS of $1.76, beating estimates by 3.53%. Revenue was up $366 million YoY. Last quarter, the company beat EPS estimates by $0.11, followed by a 1.14% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 10:10 am

DOOO

BRP reiterated its FY24 revenue growth target of 9% to 12% and normalized EPS of C$12.25 to C$12.75. The company's US-listed stock, DOOO, may be impacted by this news.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:07 am

DOOO

BRP reported Q1 adjusted earnings of $1.76 per share, beating the analyst consensus estimate of $1.70 by 3.53%. Sales reached $1.80 billion, surpassing the $1.66 billion estimate by 8.28%. Both earnings and sales increased significantly compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:05 am