Streetbeat News

Earnings

KFY

Korn Ferry has provided guidance for its Q2 adjusted EPS to be between $1.14 and $1.26, compared to the estimated $1.20. The company also expects fee revenue to range from $655 million to $685 million.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:54 am

LE

Lands' End has revised its fiscal year 2024 financial outlook, lowering its net revenue forecast but raising its adjusted EPS forecast. The company expects mid-to-high single-digit growth in gross merchandise value and has provided updated figures for net income, adjusted net income, adjusted EBITDA, and capital expenditures.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:53 am

AI

NVDA

QQQ

SPY

Wall Street futures are mixed as investors await jobless claims data. C3.ai's earnings disappointment pressures AI stocks, while Nvidia sees modest gains. SPY and QQQ ETFs show slight premarket movements. Analysts predict short-term market weakness but expect a post-election recovery.

Portfolio Pulse from Shanthi Rexaline

September 05, 2024 | 10:51 am

LE

Lands' End has provided its financial expectations for Q3 of fiscal 2024, projecting net revenue between $300M and $340M, and adjusted EPS between $0.00 and $0.10. The company anticipates mid-to-high single-digit growth in Gross Merchandise Value and adjusted EBITDA between $19M and $23M.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:49 am

KFY

Korn Ferry reported Q1 2025 earnings per share of $1.18, surpassing the analyst estimate of $1.12. The company's sales were $682.761 million, exceeding the expected $663.937 million, despite a 3.33% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:49 am

MOV

Movado Group reported Q2 earnings per share of $0.16, missing the $0.19 estimate, but sales of $159.31M beat the $150.50M estimate. EPS decreased by 57.89% from last year, while sales slightly decreased by 0.67%.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:48 am

LE

Lands' End reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.02), beating the $(0.11) estimate, and sales of $317.17M, surpassing the $307.41M estimate. Despite the positive surprise, sales decreased by 1.91% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:46 am

NIO

NIO shares rose following the release of their Q2 financial results and a positive Q3 outlook.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:39 am

UTZ

Utz Brands has revised its FY24 organic net sales growth forecast to 2% - 2.5%, down from the previous expectation of approximately 3%. However, the company reaffirms its outlook for adjusted EPS growth.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:35 am

AFMD

Affimed reported its Q2 2024 financial results, with a GAAP EPS of €(1.01), missing the estimate of €(0.96). The company reported sales of €154,000, a significant decrease compared to $1.39 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:35 am