Streetbeat News

Earnings

GTEC

Greenland Technologies (NASDAQ:GTEC) reported Q1 earnings of $2.46 million, a 416.94% increase from the previous quarter, and sales of $22.15 million, a 15.76% increase since Q4. The company posted a return on capital employed (ROCE) of 0.03%, indicating effective capital allocation.

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May 25, 2023 | 3:00 pm

XELB

Xcel Brands reported Q1 sales of $6.05 million and a loss of $5.94 million, with a return on capital employed (ROCE) of -0.09%. The negative ROCE suggests that management may not be effectively allocating their capital.

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May 25, 2023 | 2:59 pm

LOOP

Loop Industries (NASDAQ:LOOP) reported Q4 earnings of $5.42 million, a 635.36% increase from Q3, while sales dropped 49.9% to $12 thousand. The company posted a return on capital employed (ROCE) of 0.16%, indicating effective capital allocation.

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May 25, 2023 | 2:58 pm

FLO

Flowers Foods (NYSE:FLO) reported a 45.5% increase in earnings to $70.71 million and a 41.64% increase in sales to $1.53 billion in Q1. The company posted a return on invested capital (ROIC) of 3.86%, indicating effective capital allocation and potential for higher efficiency and long-term returns.

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May 25, 2023 | 2:58 pm

MSGE

Madison Square Garden (NYSE:MSGE) reported Q3 sales of $201.23 million and a loss of $58.55 million, with a Return on Capital Employed (ROCE) of -0.03%. The company's Q3 earnings per share of $0.42 beat analyst predictions of $-0.14.

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May 25, 2023 | 2:58 pm

BR

Broadridge Financial Soln (NYSE:BR) reported Q3 earnings of $198.50 million, a 245.22% increase from Q2, and sales of $1.65 billion, a 27.3% increase since Q2. The company posted a return on capital employed (ROCE) of 0.1%, indicating effective capital allocation.

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May 25, 2023 | 2:57 pm

PBH

Prestige Consumer (NYSE:PBH) reported Q4 sales of $285.87 million and a loss of $240.55 million, a 563.04% decrease from last quarter. The company posted a negative Return on Capital Employed (ROCE) of -0.17%, suggesting inefficient capital allocation. However, Q4 earnings per share beat analyst predictions at $1.07/share.

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May 25, 2023 | 2:56 pm

CG

Carlyle Group (NASDAQ:CG) reported Q1 earnings of $125.3 million, up 21% from Q4, while sales dropped 28.78% to $754.2 million. The company posted a return on capital employed (ROCE) of 0.02%, indicating effective capital allocation. However, Q1 earnings per share of $0.63 missed analyst predictions of $0.69.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:56 pm

FAF

First American Financial (NYSE:FAF) reported Q1 earnings of $46 million, up 14.81% from Q4, but sales dropped 14.18% to $1.45 billion. The company posted a return on capital employed (ROCE) of 0.01%, indicating effective capital allocation. However, Q1 earnings per share of $0.49 missed analyst predictions of $0.7.

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May 25, 2023 | 2:55 pm

ICE

Intercontinental Exchange (NYSE:ICE) reported a 53.18% increase in earnings to $674 million and a 7.24% increase in sales to $1.9 billion in Q1. The company posted a return on capital employed (ROCE) of 0.03%, indicating effective capital allocation. Q1 earnings per share were $1.41, beating analyst predictions of $1.4.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:55 pm