Streetbeat News

Earnings

KSS

Kohl's reported Q3 earnings of $0.53 per share, surpassing the consensus estimate of $0.33 by 60.61%, but marking a 35.37% decrease from the same period last year. Quarterly sales were $3.84B, falling short of the $4.11B estimate by 6.52% and representing a 5.16% decline from last year's figures.

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November 21, 2023 | 12:01 pm

ADI

Analog Devices (NASDAQ:ADI) reported Q4 adjusted EPS of $2.01, surpassing the consensus estimate of $2.00, and sales of $2.72B, slightly above the $2.70B estimate. However, these figures represent a decrease from the same period last year, with earnings down 26.37% and sales down 16.38%.

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November 21, 2023 | 12:01 pm

PPBT

Purple Biotech (NASDAQ:PPBT) reported Q3 earnings with an EPS of $-0.23, which was in line with estimates. Revenue was unchanged from the same period last year. The company's past earnings performance showed a slight beat on EPS but was followed by a 2.44% drop in share price the next day.

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November 21, 2023 | 12:00 pm

CAL

Caleres has updated its FY23 adjusted EPS guidance to $4.10-$4.20, slightly narrowing the range from the previous $4.10-$4.30. This new guidance is in line with the $4.19 consensus estimate. Additionally, the company expects its consolidated net sales to decrease by 4.5% to 5.5%.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 11:58 am

BURL

Burlington Stores has reaffirmed its Q4 guidance, expecting total sales to rise by 5%-7%. Comparable store sales are projected to range from -2% to 0%, while adjusted EPS, excluding expenses, is forecasted to be between $3.10 and $3.25.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 11:57 am

PPBT

Purple Biotech reported Q3 EPS of $(0.23), meeting analyst consensus and improving from $(0.27) last year. They have $15.9M in cash and equivalents, and raised $5M in October, extending their cash runway to H2 2025.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 11:56 am

BURL

Burlington Stores (NYSE:BURL) reported Q3 earnings with an EPS of $1.1, surpassing estimates by 11.11% against the expected $0.99. Revenue increased by $248 million from the same period last year. Despite beating EPS estimates last quarter, BURL's share price dropped by 0.37% the following day. Historical earnings performance shows mixed results with both beats and misses in previous quarters.

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November 21, 2023 | 11:55 am

CAL

Caleres (NYSE:CAL) reported Q3 earnings with an EPS of $1.37, beating estimates by 6.2% but with a revenue decrease of $36.35 million from the same period last year. Last quarter's EPS beat resulted in a 4.01% share price increase the following day.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 11:55 am

BURL

Burlington Stores has updated its FY23 guidance, expecting total sales to increase by approximately 11%, which is slightly lower than the previous forecast of 11%-12%. The company now anticipates an Adjusted EPS, excluding incremental expenses from the Bed Bath & Beyond leases, to be between $5.72 and $5.87, compared to the prior range of $5.60 to $5.90. Including these expenses, the Adjusted EPS is projected to be $5.52 to $5.67.

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November 21, 2023 | 11:54 am

CAL

Caleres Inc. (NYSE:CAL) reported Q3 adjusted earnings per share (EPS) of $1.37, surpassing the analyst estimate of $1.29 by 6.2%. However, the company's sales for the quarter were $761.90 million, falling short of the expected $773.84 million by 1.54%. Compared to the same quarter last year, EPS increased by 19.13% from $1.15, while sales saw a 4.55% decline from $798.26 million.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 11:51 am