Streetbeat News

Earnings

CWBHF

Charlottes Web Holdings (OTC:CWBHF) reported Q4 earnings, beating estimates with an EPS of $-0.06 against an expected $-0.07. However, revenue decreased by $3M from the previous year. The company had previously missed EPS estimates last quarter, leading to a 3% share price drop. Historical performance shows fluctuating EPS and revenue figures over the past year.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 11:10 am

DXLG

Destination XL Group (DXLG) projects fiscal 2024 sales between $500M-$530M, slightly below the consensus of $524.7M. The company anticipates a net income of around $17M and adjusted EBITDA of about $36M. DXLG plans to invest in marketing and digital expansion, expecting a slow recovery in consumer discretionary spending due to economic challenges. The guidance includes a mid-to-high single digit decrease in comparable sales for the first half of 2024, with an improvement in the second half.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:09 am

KRON

Kronos Bio (NASDAQ:KRON) reported Q4 earnings with losses of $(0.43) per share, surpassing the $(0.52) estimate, marking a 23.21% improvement from last year. Sales reached $2.29M, exceeding the $1.52M forecast. The company's cash balance stands at $175.0M.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:08 am

CCLD

CareCloud (NASDAQ:CCLD) reported Q4 earnings of $0.05 per share, surpassing the $(0.34) estimate, but saw a decrease in earnings and sales from the previous year. Sales of $28.42M missed the $30.88M estimate.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:07 am

DRI

Darden Restaurants' shares dropped following mixed Q3 results and weaker than expected revenue guidance for 2024.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:06 am

INKT

MiNK Therapeutics (NASDAQ:INKT) reported a Q4 EPS loss of $(0.16), missing the consensus estimate of $(0.15) by 6.67%. However, this represents a 30.43% improvement over the $(0.23) per share loss from the same period last year.

Portfolio Pulse from dijoy@benzinga.com

March 21, 2024 | 11:06 am

MDWD

MediWound (NASDAQ:MDWD) reported Q4 earnings with losses of $(0.19) per share, surpassing the $(0.23) estimate, and sales of $5.34M, slightly above the $5.32M estimate. This represents an 83.9% improvement in losses and a 54.05% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:05 am

DRI

Darden Restaurants projects its adjusted earnings per share (EPS) from continuing operations for 2024 to be between $8.80 and $8.90, with total sales expected to be around $11.4 billion, slightly below the estimated $11.51 billion.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:05 am

KIRK

Kirkland's reported Q4 sales of $165.95M, missing the consensus estimate of $167.22M by 0.76% but marking a 2.14% increase from the previous year's $162.48M.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:04 am

DRI

Darden Restaurants (NYSE:DRI) reported Q3 2024 earnings of $2.62 per share, meeting analyst estimates, but missed revenue expectations with $2.975 billion against a forecast of $3.025 billion, a 1.65% miss. This represents a 6.78% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:03 am