Streetbeat News

Earnings

LOW

Lowe's Companies (NYSE:LOW) reported Q1 earnings of $3.67 per share, beating estimates by 6.69%. However, revenue was down $1.31 billion compared to the same period last year.

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May 23, 2023 | 10:06 am

IHS

IHS Holding reported Q1 earnings of $0.03 per share, a 40% decrease from $0.05 per share last year. Quarterly sales were $602.53 million, beating the analyst consensus estimate of $569.97 million by 5.71% and a 35.06% increase from last year.

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May 23, 2023 | 10:06 am

ZEPP

Zepp Health Corp anticipates Q2 revenue to be in the range of $95 million to $124.23 million.

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May 23, 2023 | 10:05 am

LOW

Lowe's has lowered its FY23 outlook, with revenue now expected to be $87B-$89B, down from the previous estimate of $88B-$90B. EPS is also reduced to $13.20-$13.60, compared to the prior range of $13.60-$14.00. Comparable sales are expected to decline by 2%-4%.

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May 23, 2023 | 10:04 am

LOW

Lowe's reported Q1 comparable sales down by 4.3% with total sales of $22.3 billion. The decrease was attributed to lumber deflation, unfavorable weather, and lower DIY discretionary sales.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:02 am

ZEPP

Zepp Health reported Q1 adjusted EPS of $(0.27), missing the $(0.02) estimate by 1250%, and sales of $93.95M, missing the $122.93M estimate by 23.58%. This represents a 42.11% decrease in EPS and a 21.33% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:02 am

LOW

Lowe's reported Q1 adjusted EPS of $3.67, beating estimates of $3.44, and sales of $22.35B, surpassing the $21.60B estimate. This represents a 4.56% increase in earnings and a 5.55% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:01 am

CLCO

Cool Co (NYSE:CLCO) reported Q1 earnings of $1.28 per share and sales of $98.65M, a 141.61% increase from $40.83M YoY.

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May 23, 2023 | 9:51 am

VIPS

Vipshop expects Q2 net revenues to be between RMB 27.0 billion and RMB 28.2 billion.

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May 23, 2023 | 9:05 am

VIPS

Vipshop Holdings reported Q1 adjusted earnings of $0.51 per share, beating the analyst consensus estimate of $0.37 by 37.84%. Quarterly sales reached $4.00 billion, surpassing the estimate of $3.72 billion by 7.53%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 9:03 am