Streetbeat News

Earnings

OESX

Orion Energy Systems (NASDAQ: OESX) reported Q4 earnings per share (EPS) of $0.05, significantly beating the analyst consensus estimate of $(0.07). However, the company's quarterly sales of $26.41 million missed the analyst estimate of $28.98 million. Despite the sales miss, this represents a 22.11% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:32 am

DIN

F

HAS

Wall Street's most accurate analysts have provided their latest ratings on three high-dividend-yield consumer stocks: Dine Brands Global, Ford Motor Company, and Hasbro. These stocks are noted for their high free cash flows and substantial dividend payouts. The analysts' ratings and recent news for each company are highlighted.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 11:31 am

CHPT

FIVE

LULU

NVDA

QQQ

SMAR

SMTC

SPY

US stock futures show caution after a strong Wednesday, with positive earnings news and hopes for ECB rate cuts. Nvidia led tech gains, while analysts warn of potential summer volatility. Key economic data releases are expected, and several companies report earnings.

Portfolio Pulse from Shanthi Rexaline

June 06, 2024 | 11:24 am

IEMG

MCHI

NIO

NIO, Inc. (NYSE: NIO) reported a significant decline in Q1 2024 revenue and vehicle deliveries, missing analyst expectations. The stock price dropped 5.88% premarket. Despite the poor performance, NIO provided a positive forward outlook for Q2 2024. Investors can gain exposure to NIO via iShares Core MSCI Emerging Markets ETF (NYSE: IEMG) and iShares MSCI China ETF (NASDAQ: MCHI).

Portfolio Pulse from Anusuya Lahiri

June 06, 2024 | 11:24 am

GIII

G-III Apparel expects Q2 Fiscal 2025 sales of approximately $650M, which is below the consensus estimate of $664.59M. The company also projects adjusted EPS of $0.22-$0.32, compared to the consensus of $0.33. However, G-III Apparel has raised its Fiscal 2025 adjusted EBITDA guidance to $295M-$300M from the prior $290M-$295M.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:19 am

GIII

G-III Apparel has updated its fiscal 2025 adjusted EBITDA guidance to $295M-$300M, up from the previous range of $290M-$295M.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:17 am

GIII

G-III Apparel Group expects fiscal 2025 sales of approximately $3.20 billion, matching the consensus estimate. The company has updated its adjusted EPS guidance to a range of $3.58-$3.68, which is higher than the prior guidance of $3.50-$3.60 and the consensus estimate of $3.55.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:16 am

SMG

ScottsMiracle-Gro has revised its non-GAAP adjusted EBITDA guidance to $530M-$540M, down from the previous guidance of $575M.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:16 am

SJM

J.M. Smucker shares are trading higher following a Q4 revenue beat.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:14 am

QSG

QuantaSing Group reported Q3 adjusted EPADS of $0.08, beating the estimate of $0.05. Sales were $130.96 million, surpassing the $128.51 million estimate.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:13 am