Streetbeat News

Earnings

SHOO

Steve Madden forecasts its 2024 earnings per share (EPS) to be in the range of $2.55 to $2.65, which is below the estimated $2.69. The company also expects revenue growth to be between 11% to 13%.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 12:01 pm

ODP

ODP announces Project Core, an enterprise-wide initiative aimed at streamlining operations and focusing on core business, expected to generate annualized savings of $50 million to $60 million through cost efficiency measures across all routes to market, including Varis, and corporate support functions.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 12:01 pm

SHOO

Steven Madden (NASDAQ:SHOO) reported Q4 2023 adjusted EPS of $0.61, surpassing the $0.57 estimate, with sales of $519.70M exceeding the $511.97M forecast. This represents a 10.42% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:59 am

JBI

Janus Intl Gr (JBI) reported Q4 2023 adjusted EPS of $0.24, missing the $0.26 estimate, and sales of $263.70M, missing the $284.87M estimate. This represents a 5.73% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:59 am

ODP

ODP Corporation forecasts a sales decline of 2%-5% for FY24, with an adjusted EPS range of $5.60-$5.80, closely aligning with the estimated $5.70.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:59 am

WBX

Wallbox reported its Q4 sales at $46.61 million, with an adjusted EBITDA loss of $15.81 million.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:57 am

ADT

ADT reported Q4 adjusted EPS of $0.25, surpassing the $0.04 estimate, marking a 525% beat and a 150% increase from last year's $0.10. However, their sales of $1.22B fell short of the $1.44B estimate, a 15.14% miss and a 25.71% decrease from last year's $1.65B.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:56 am

BXSL

Blackstone Secured (NYSE:BXSL) reported Q4 2023 earnings of $0.96 per share, surpassing the $0.94 estimate, and sales of $304.00M, exceeding the $283.72M estimate. This represents a 6.67% increase in earnings and a 21.12% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:54 am

KTB

Kontoor Brands (KTB) provided its FY24 financial outlook, projecting revenue between $2.57B and $2.63B, below the $2.72B estimate. Adjusted EPS is expected to be $4.65 to $4.75, under the $5.12 estimate. The company anticipates adjusted gross margin expansion and a 7% to 10% increase in adjusted operating income, with cash from operations expected to exceed $325M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:54 am

DQ

Daqo New Energy, symbol DQ, forecasts its polysilicon production to be between 60,000MT and 62,000MT for Q1 2024, and between 280,000MT and 300,000MT for the full year 2024.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:53 am