Streetbeat News

Earnings

KR

Kroger's Q2 2024 earnings per share (EPS) of $0.93 surpassed analyst expectations of $0.91, despite a year-over-year decrease. However, sales of $33.912 billion fell short of the $34.090 billion estimate, showing a slight increase from last year.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 12:02 pm

GLD

NVDA

SPY

USO

U.S. markets closed higher with strong gains in the technology sector, led by Nvidia. Inflation data showed a 0.2% increase in CPI for August. Asian markets were mixed, while European markets advanced. Crude oil and gold prices rose due to disruptions in U.S. Gulf production.

Portfolio Pulse from Akanksha Bakshi

September 12, 2024 | 12:00 pm

WKSP

Worksport is on track to exceed its 2024 guidance, with annual recurring revenue (ARR) nearing its market cap, record sales, and a path to cash flow positivity.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 12:00 pm

STRM

Streamline Health Solutions shares declined following the release of mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:50 am

CSBR

Champions Oncology shares rose following better-than-expected Q1 results and an upgrade from Craig-Hallum, which changed its rating from Hold to Buy while maintaining a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:47 am

OXM

Oxford Industries shares declined due to disappointing Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:42 am

BDC

Belden Inc. reaffirms its commitment to its value creation framework, projecting an adjusted EPS of $8.00 by 2025. The company targets mid-single-digit revenue growth, 25-30% EBITDA margins, 10% free cash flow margin, 1.5x net leverage, and 10-12% annual EPS growth through 2028.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:35 am

SIG

Signet Jewelers shares rose due to better-than-expected Q2 earnings and a strong Q3 revenue outlook.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:14 am

SIG

Signet Jewelers has reaffirmed its fiscal year 2025 outlook, projecting adjusted EPS between $9.90 and $11.52, compared to the $10.23 estimate. Sales are expected to range from $6.66 billion to $7.02 billion, against a $6.77 billion estimate. Same store sales are forecasted to vary from a decline of 4.5% to an increase of 0.5%.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:09 am

LOVE

Lovesac has revised its fiscal 2025 outlook, lowering its net sales forecast to $700M-$735M from the previous $700M-$770M, compared to a $732.2M estimate. The diluted EPS is now expected to be $1.01-$1.26, down from $1.06-$1.59, against a $1.23 estimate.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:08 am