Streetbeat News

Earnings

RNW

ReNew Energy Global has projected its adjusted EBITDA for the fiscal year 2025 to be between INR 76 billion and INR 82 billion.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:30 pm

FIVE

Five Below has updated its financial guidance for the fiscal year, projecting adjusted EPS between $5.00 and $5.40, which is below the estimated $6.00. The company also expects revenue to be between $3.79 billion and $3.87 billion, falling short of the $4.03 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:29 pm

RNW

ReNew Energy Global (NASDAQ: RNW) reported Q4 2024 GAAP EPS of $0.02, beating the analyst estimate of $(0.07). However, sales of $217 million missed the $234.651 million estimate and were down 31.11% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:29 pm

SMTC

Semtech shares are trading higher after the company reported better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:28 pm

ODFL

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) reported a 5.6% increase in revenue per day for May 2024 compared to May 2023, driven by a 1.5% increase in LTL tons per day and higher LTL revenue per hundredweight. The increase in LTL tons per day was due to a 2.3% rise in LTL shipments per day, partially offset by a 0.7% decrease in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight excluding fuel surcharges rose by 4.2% and 4.7%, respectively, compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:23 pm

BASE

Couchbase shares are trading higher after the company reported better-than-expected Q1 financial results and issued guidance.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:22 pm

SMTC

Semtech has announced its Q2 2025 earnings per share (EPS) guidance of $0.09 ± $0.03 and revenue guidance of $212 million ± $5 million, compared to the estimated revenue of $210.160 million.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:21 pm

VSCO

Victoria's Secret (NYSE:VSCO) reported Q4 2024 adjusted EPS of $0.12, beating the estimate of $0.098. However, sales of $1.36 billion met the estimate but showed a significant decline from the previous year's $2.08 billion.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:21 pm

LULU

Lululemon Athletica Inc (NASDAQ:LULU) reported strong Q1 earnings with revenue and EPS beating estimates. However, the company provided soft Q2 guidance. Lululemon's international revenue surged, and the company announced a $1 billion increase in its stock repurchase program.

Portfolio Pulse from Adam Eckert

June 05, 2024 | 8:21 pm

SMTC

Semtech (NASDAQ: SMTC) reported Q1 2025 adjusted EPS of $0.06, beating the undefined analyst consensus estimate. The company also reported quarterly sales of $206.1 million, surpassing the $200.155 million estimate by 2.97%. However, this represents a 12.87% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:19 pm