Streetbeat News

Earnings

KBH

KB Home (NYSE:KBH) reported Q3 earnings with revenue and EPS beating estimates. Despite flat net orders, the company saw a 10% revenue increase and 13% earnings growth. KB Home repurchased $150 million in stock and expects 2024 revenues between $6.85B and $6.95B.

Portfolio Pulse from Adam Eckert

September 24, 2024 | 8:40 pm

WOR

Worthington Enterprises shares declined following the release of disappointing Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:34 pm

CVLT

Commvault has reiterated its Q2 earnings guidance, which was initially announced on July 30, 2024. This reaffirms the company's financial expectations for the quarter.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:34 pm

WOR

Worthington Enterprises (NYSE:WOR) reported Q1 earnings of $0.50 per share, missing the $0.74 estimate, and sales of $257.30M, missing the $300.26M estimate. This represents a significant decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:32 pm

WOR

Worthington Enterprises reported Q1 earnings per share of $0.50, missing the analyst consensus estimate of $0.74 by 32.43%. This marks a significant 75.73% decrease from the $2.06 per share reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:32 pm

PRGS

Progress Software shares rose following the release of Q3 results that exceeded expectations, along with an upward revision of FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:23 pm

SFIX

Stitch Fix, Inc. (NASDAQ:SFIX) shares fell after reporting Q4 losses of 29 cents per share, missing the expected 19 cents. Revenue was $319.6 million, slightly above estimates but down 14.95% year-over-year. The company aims to return to revenue growth by FY26.

Portfolio Pulse from Erica Kollmann

September 24, 2024 | 8:23 pm

PRGS

Progress Software has increased its fiscal year 2024 adjusted revenue forecast from $725M-$735M to $745M-$755M, surpassing the estimated $730.02M. Additionally, the adjusted EPS forecast has been raised from $4.70-$4.80 to $4.75-$4.85, exceeding the estimated $4.75.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:21 pm

PRGS

Progress Software has announced its expected Q4 adjusted revenue to be between $207 million and $217 million, with adjusted EPS ranging from $1.15 to $1.25.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:18 pm

PRGS

Progress Software reported Q3 2024 adjusted EPS of $1.26, surpassing the $1.14 estimate, and adjusted sales of $178.69M, beating the $175.94M estimate. This marks a 16.67% increase in EPS and a 1.65% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:16 pm