Streetbeat News

Earnings

CCJ

Cameco (NYSE:CCJ) reported Q4 adjusted EPS of $0.15, missing the $0.16 estimate, but sales of $620.12M exceeded the $601.49M estimate. This represents a significant increase in earnings and sales from the same period last year.

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February 08, 2024 | 11:46 am

HSY

Hershey reported Q4 2023 adjusted EPS of $2.02, surpassing the $1.95 estimate, but its sales of $2.66B fell short of the expected $2.70B. This represents a slight sales increase of 0.19% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:46 am

SPB

Spectrum Brands Holdings (NYSE:SPB) reported Q1 earnings of $0.78 per share, surpassing the $0.43 estimate, marking an 81.4% beat and a significant turnaround from last year's $(0.32) loss per share. Sales reached $692.20M, exceeding the $673.86M forecast by 2.72%, despite a 2.96% decrease from last year's $713.30M.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:45 am

TPX

Tempur Sealy anticipates a decline in its Q1 profits, with an adjusted EPS forecast of $0.45-$0.50, below the estimated $0.61. However, the company expects to return to year-over-year growth in the following quarters.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:44 am

NGD

New Gold Inc. forecasts its gold production to be between 310,000 to 350,000 ounces for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:42 am

WEX

WEX Inc. projects its 2024 revenue to be between $2.70B-$2.74B, aligning closely with the $2.73B consensus. Adjusted EPS is forecasted at $15.90-$16.40, slightly below the $16.26 consensus. Assumptions include average U.S. retail fuel prices of $3.50-$3.55/gallon, increased financing interest expense, and an adjusted net income effective tax rate of 25%. Approximately 42.7 million fully diluted shares are expected to be outstanding.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:41 am

NGD

New Gold Inc. (NGD) forecasts a 35% increase in consolidated gold production to 410,000-460,000 ounces by 2026, with all-in sustaining costs expected to drop over 50% to $650-$750 per ounce. This improvement is attributed to higher production, significant capital reduction, and lower operating costs due to operational enhancements at its facilities. The company anticipates these changes will significantly boost its free cash flow over the next three years.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:40 am

TPX

Tempur Sealy Intl (NYSE:TPX) reported Q4 adjusted EPS of $0.53, missing the consensus estimate of $0.54, and sales of $1.17B, missing the estimate of $1.176B. This represents a decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:39 am

ITT

ITT reported Q4 adjusted EPS of $1.34, meeting analyst estimates, and sales of $829.10M, exceeding estimates of $814.39M. This represents a 3.88% increase in earnings and a 7.04% increase in sales over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:37 am

THC

Tenet Healthcare projects its Q1 adjusted EPS to be between $1.24 and $1.62, with net operating revenues expected to range from $5 billion to $5.2 billion.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:36 am