Streetbeat News

Earnings

DXLG

Destination XL Group (DXLG) has revised its full-year sales forecast to $520.0M-$530.0M, down from the previous range of $535.0M-$545.0M, and below the analyst estimate of $534.90M. The company also adjusted its EPS guidance to $0.39-$0.46, which is lower than both the prior view of $0.45-$0.53 and the analyst estimate of $0.54.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 12:30 pm

AFIB

BDX

EGRX

VTYX

The article highlights four health care stocks considered oversold based on their Relative Strength Index (RSI) values, suggesting potential buying opportunities. Eagle Pharmaceuticals (EGRX) delays Q3 results, Acutus Medical (AFIB) announces restructuring, Becton, Dickinson (BDX) reports mixed results with lower guidance, and Ventyx Biosciences (VTYX) posts in-line loss with upcoming pipeline updates.

Portfolio Pulse from Lisa Levin

November 17, 2023 | 12:26 pm

CINT

CI&T forecasts a revenue growth of 4.0%-5.0% for the fiscal year 2023, with an expected adjusted EBITDA margin of at least 19%.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 12:23 pm

CINT

CI&T expects to report Q4 revenue in the range of R$519 million to R$540 million.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 12:22 pm

CINT

CI&T (NYSE:CINT) reported Q3 earnings with an EPS of $0.07, meeting estimates. Revenue increased by $1.68 million year-over-year. Last quarter, a beat on EPS resulted in a 5.17% share price increase the following day. Historical earnings data shows mixed performance in meeting EPS estimates.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 12:20 pm

CINT

CI&T reported Q3 sales of $108.40M, which fell short of the $109.11M estimate. The company also reported earnings per share (EPS) of $0.05 for the quarter.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 12:19 pm

DXLG

Destination XL Group (NASDAQ:DXLG) reported Q3 earnings with an EPS of $0.07, which was in line with estimates. However, revenue decreased by $10.48 million compared to the same period last year. The company's past earnings performance shows variability, with a notable 2.35% drop in share price following the last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 12:05 pm

DXLG

Destination XL Group (NASDAQ:DXLG) reported Q3 adjusted EPS of $0.07, meeting analyst estimates but marking a 56.25% decrease from the previous year. Sales were $119.19M, missing estimates by 1.29% and showing an 8.08% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 12:04 pm

ZTO

Shares of ZTO Express (Cayman) Inc (NYSE:ZTO) fell approximately 6% in premarket trading following the release of their Q3 FY23 results. Despite a 1.5% Y/Y increase in revenue to $1.244 billion and an 18.1% Y/Y increase in parcel volume, the company saw declines in key areas such as KA revenue and freight forwarding services. Adjusted EBITDA and earnings per ADS improved, but the company has adjusted its outlook, stating that a 1.5ppt annual market share gain is no longer feasible due to market competition and a focus on avoiding unprofitable volume.

Portfolio Pulse from Lekha Gupta

November 17, 2023 | 11:58 am

ATKR

Atkore International Group Inc. has provided guidance for its Q1 FY24 adjusted earnings per share (EPS) to be in the range of $3.50 to $3.70. This forecast is compared to the estimated $3.66 by analysts.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 11:57 am