Streetbeat News

Earnings

CLGN

CollPlant Biotechnologies (NASDAQ:CLGN) reported a Q3 adjusted EPS loss of $(0.35), significantly missing the $(0.13) estimate, and sales of $43.00K, falling short of the $3.50M estimate. Compared to last year, EPS decreased by 2.94%, and sales dropped by 60.55%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:03 pm

PDCO

Patterson Companies, Inc. (PDCO) reported Q2 adjusted EPS of $0.50, missing the consensus estimate of $0.58 by 13.79%, and a 20.63% decrease from $0.63 EPS last year. Sales were $1.65B, missing the $1.70B estimate by 2.84%, but marked a 1.65% increase from $1.63B in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:02 pm

NAT

Nordic American Tankers (NYSE:NAT) reported Q3 earnings of $0.04 per share, missing the consensus estimate of $0.05 by 20%. Sales were $48.04M, falling short of the $59.14M estimate by 18.78%, but marked a 1.38% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:59 am

FL

Foot Locker anticipates its Q4 FY23 adjusted EPS to be in the range of $0.26-$0.36, which brackets the consensus estimate of $0.33.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:54 am

FL

Foot Locker has updated its FY23 adjusted EPS guidance to $1.30-$1.40, a narrowing from the previous range of $1.30-$1.50. This update aligns with the lower end of the consensus estimate of $1.30.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:53 am

GM

General Motors Corp. (NYSE:GM) stock surged over 5% in premarket trading after the company reinstated its full-year 2023 earnings guidance, which had been withdrawn due to a UAW strike. The guidance accounts for a $1.1 billion impact from the strike. GM also announced a $10 billion accelerated share repurchase program and plans to increase its common stock dividend by 33% starting January 2024. CEO Mary Barra expressed confidence in strong profits for 2023 and efficient cost management for the future. The company expects 2023 capital spending to be at the lower end of its prior guidance.

Portfolio Pulse from Shanthi Rexaline

November 29, 2023 | 11:52 am

FL

Foot Locker anticipates a decrease in Q4 FY23 sales by 2.0%-4.0% and a more significant drop in comparable sales by 7.0%-9.0%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:51 am

FL

Foot Locker has updated its FY23 guidance, expecting a smaller decrease in comparable sales of 8.5%-9.0% compared to the previously forecasted 9.0%-10.0% decline.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:50 am

FL

Foot Locker has updated its FY23 sales forecast, now expecting a decrease of 8.0%-8.5%, which is a slight improvement from the previous guidance of a decrease of 8.0%-9.0%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:49 am

FL

Foot Locker reported an 8.0% decrease in Q3 comparable-store sales, attributed to ongoing consumer softness, a changing vendor mix, and a 3% negative impact from the repositioning of Champs Sports.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:47 am