Streetbeat News

Earnings

SWBI

Smith & Wesson Brands (NASDAQ:SWBI) reported Q4 earnings with an EPS of $0.32, beating estimates by 18.52%. However, revenue was down $36.52 million from the same period last year.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 8:10 pm

XAIR

Beyond Air (NASDAQ:XAIR) reported Q4 earnings, missing estimated earnings by 42.55% with an EPS of $-0.67 compared to an estimate of $-0.47. Revenue was down $0 from the same period last year.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 8:10 pm

IONQ

IonQ has increased its 2023 booking expectations to a range of $4M-$55M, up from the previous range of $38M-$42M.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:09 pm

XAIR

Beyond Air reports FY23 earnings per share (EPS) of $(1.86).

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:08 pm

IONQ

IonQ has increased its 2023 bookings expectations by 25% to a range of $45 million to $55 million, anticipating a Y/Y growth of over 100% at the midpoint.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:07 pm

SWBI

Smith & Wesson Brands (SWBI) reported Q4 earnings of $0.32 per share, beating the $0.27 estimate, and sales of $144.78 million, beating the $138.38 million estimate. However, this represents a 60.98% decrease in earnings and a 20.14% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:07 pm

NDSN

KeyBanc analyst Jeffrey D. Hammond reiterated an Overweight rating on Nordson Corporation (NASDAQ:NDSN) and raised the price target to $270 from $255. Nordson's multiple expansionary moves, strong balance sheet, and attractive risk/reward profile are expected to propel earnings momentum into 2024.

Portfolio Pulse from Nabaparna Bhattacharya

June 22, 2023 | 7:20 pm

CDMO

Avid Bioservices reported Q4 revenue of $39.8 million, a 28% Y/Y increase, beating the consensus of $38.90 million. However, the company forecasts FY24 sales of $145 million-$165 million, below the consensus of $181.27 million. Stephens reiterated its Overweight rating but lowered its price target to $20 from $24.

Portfolio Pulse from Vandana Singh

June 22, 2023 | 7:15 pm

ADP

Automatic Data Processing Inc.'s (ADP) stock price is at $219.90, after a 0.30% drop, but has increased by 4.52% over the past month. The company's P/E ratio of 28.17 is slightly better than the Professional Services industry's aggregate P/E ratio of 27.89, which may indicate overvaluation.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 7:01 pm

ACN

CGC

CGRN

CMC

CRWS

DRI

FDS

GMS

MEI

SWBI

WEED

XAIR

Earnings reports for June 22, 2023, include FactSet Research Systems, Darden Restaurants, Accenture, Crown Crafts, Methode Electronics, GMS, Commercial Metals, Listed Funds Trust Roundhill Cannabis ETF, Canopy Gwth, Smith & Wesson Brands, Beyond Air, and Capstone Green Energy.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 5:54 pm