Streetbeat News

Earnings

KTB

Kontoor Brands (NYSE:KTB) reported Q3 2024 earnings per share of $1.37, surpassing the analyst estimate of $1.26. The company's sales were $670.194 million, also beating the estimate of $663.537 million. This represents a significant improvement over the previous year's sales of $654.540 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:54 am

ATEC

CVNA

ROOT

Carvana Co. (NYSE:CVNA) shares surged over 20% in pre-market trading after reporting better-than-expected Q3 financial results, with revenue and earnings per share surpassing analyst estimates. Other notable pre-market movers include Root, Inc. (NASDAQ:ROOT) and Alphatec Holdings, Inc. (NASDAQ:ATEC), both rising significantly due to strong quarterly results.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 10:52 am

KIM

Kimco Realty has raised its FY24 FFO guidance from $1.60-$1.62 to $1.64-$1.65, surpassing the $1.62 estimate. The company also increased its net income outlook from $0.44-$0.46 to $0.50-$0.51.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:52 am

GVA

Granite Construction reported Q3 2024 earnings of $2.05 per share, missing the analyst estimate of $2.47. Sales were $1.276 billion, slightly below the $1.287 billion estimate. Despite missing estimates, both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:52 am

FLWS

1-800-flowers.com shares are trading higher after the company reported better-than-expected Q1 earnings, even though it missed on revenue.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:52 am

KIM

Kimco Realty reported Q3 2024 earnings of $0.43 per share, surpassing the analyst estimate of $0.41. Sales reached $507.63 million, exceeding the expected $497.613 million. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:51 am

FLWS

1-800-flowers.com projects its FY25 adjusted EBITDA to be between $85M-$95M and free cash flow to range from $45M-$55M.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:50 am

HZO

MarineMax has revised its FY25 adjusted EPS guidance to a range of $1.80 to $2.80, below the estimated $3.00. This adjustment is due to preliminary assessments of damage from Hurricanes Helene and Milton, along with current business conditions and retail trends.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:49 am

FLWS

1-800-Flowers.com reported a Q1 2025 adjusted EPS of $(0.53), beating the estimate of $(0.54). However, sales were $242.090M, missing the $250.738M estimate and showing a 10.02% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:48 am

GIL

Gildan Activewear has revised its fiscal year 2024 adjusted EPS guidance to a range of $2.97 to $3.02, compared to the previous range of $2.92 to $3.07. The new guidance aligns with the $2.97 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:48 am