Streetbeat News

Earnings

CLBT

Cellebrite DI (NASDAQ:CLBT) reported Q4 2023 adjusted EPS of $0.11, surpassing the $0.06 estimate, and sales of $93.01M, exceeding the $85.54M estimate. This represents a 37.5% increase in EPS and a 25.66% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:09 pm

HBI

HanesBrands forecasts Q1'24 net sales from continuing operations to be between $1.13B-$1.19B, below the estimated $1.306B. The company also expects adjusted EPS from continuing operations to range from $(0.10)-$(0.04), missing the estimated $0.06.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:09 pm

CROX

Crox forecasts its Q1 adjusted EPS to be between $2.15 and $2.25, slightly below the estimated $2.24. For FY24, the company projects its adjusted EPS to range from $12.05 to $12.50, surpassing the estimated $11.87.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:09 pm

RS

Reliance Steel & Aluminum's shares surged following the announcement of fourth-quarter earnings that exceeded expectations, along with a forecast for the first-quarter FY24 adjusted EPS that also surpasses consensus estimates.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:08 pm

DE

Deere & Company's stock (DE) is trading lower following the announcement of Q1 earnings and a reduction in the forecast for FY24 net income.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:08 pm

SN

SharkNinja (NYSE:SN) reported Q4 2023 adjusted EPS of $0.94, surpassing the $0.86 estimate, and sales of $1.38B, exceeding the $1.31B estimate. This represents a 74.07% increase in earnings and a 16.40% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:08 pm

SPTN

SpartanNash forecasts FY24 net sales to range from $9.70B to $9.90B, slightly below the $9.88B estimate. The company also projects its adjusted EPS to be between $1.85 and $2.10, which is below the expected $2.40 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:08 pm

GTX

Garrett Motion forecasts its FY24 net sales to reach $3.87 billion.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:07 pm

RNLX

Renalytix (NASDAQ:RNLX) reported Q2 EPS of $(0.09), meeting analyst estimates but reported sales of $709K, missing the $750K estimate. This represents a 35.71% improvement in EPS and a 40.52% decrease in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:07 pm

HBI

HanesBrands forecasts FY24 net sales from continuing operations to be between $5.35B and $5.47B, which is below the estimated $5.578B. The company also expects adjusted EPS from continuing operations to range from $0.42 to $0.48, aligning with the lower end of the estimated $0.48.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:07 pm