Streetbeat News

Earnings

AEHR

Aehr Test Systems (AEHR) reported its Q1 financial results, following which its shares traded lower.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 8:26 pm

PKE

Park Aerospace reported its Q2 financial results, which led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 8:24 pm

LEVI

Levi Strauss has revised its FY23 adjusted EPS guidance to the lower end of the previously guided $1.10-$1.20 range, compared to the $1.12 estimate. The company also expects its net revenues to be flat or increase by up to 1% YoY.

Portfolio Pulse from Happy Mohamed

October 05, 2023 | 8:19 pm

LEVI

Levi Strauss reported Q3 earnings of $0.28 per share, beating the analyst consensus estimate of $0.27 by 3.7%. However, this is a 30% decrease from the same period last year. The company's quarterly sales of $1.51 billion missed the analyst consensus estimate of $1.54 billion by 1.88%, marking a 0.40% decrease from the same period last year.

Portfolio Pulse from Happy Mohamed

October 05, 2023 | 8:17 pm

SAND

Sandstorm Gold Ltd. (NYSE:SAND) (TSX:SSL) announced Q3 2023 sales, selling approximately 21,100 attributable gold equivalent ounces and realizing preliminary revenue of $41.2 million. This is an increase from the comparable period in 2022, where they sold 22,606 ounces and made $39.0 million in revenue. The preliminary cost of sales for the three-month period was $4.6 million, resulting in cash operating margins of approximately $1,700 per attributable gold equivalent ounce.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 8:16 pm

PKE

Park Aerospace (NYSE:PKE) reported Q2 earnings of $0.09 per share, unchanged from the same period last year. However, sales decreased by 10.05% to $12.48 million from $13.88 million YoY.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 8:13 pm

ICCC

ImmuCell Corporation (ICCC) announced preliminary, unaudited sales results for Q3 2023, with revenues of $5.4M, up from $4.8M YoY. However, sales for the nine-month and twelve-month periods ended September 30, 2023, lagged behind the comparable periods in 2022. The company's backlog of orders increased to approximately $8.9 million as of September 30, 2023, up from $2.5 million as of December 31, 2022.

Portfolio Pulse from Happy Mohamed

October 05, 2023 | 8:11 pm

AEHR

Aehr Test Systems has reiterated its FY24 guidance, expecting total revenue to be at least $100 million, a growth of over 50% YoY, and GAAP net income of at least $28 million, a growth of over 90% YoY. The revenue estimate is slightly below the market expectation of $102.93 million.

Portfolio Pulse from Happy Mohamed

October 05, 2023 | 8:07 pm

AEHR

Aehr Test Systems reported Q1 earnings of $0.18 per share, beating the analyst consensus estimate of $0.16 by 12.5%. This is a 260% increase from the same period last year. The company also reported quarterly sales of $20.62 million, beating the analyst consensus estimate of $19.23 million by 7.25%. This is a 93.27% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

October 05, 2023 | 8:06 pm

TSCO

Truist Securities analyst Scot Ciccarelli has reiterated a Buy rating on Tractor Supply Company (TSCO), but lowered the price target to $235 from $257. The Q3 comp/EPS forecast has been revised down due to softer sales trends, attributed to a decline in big-ticket discretionary sales, moderating same SKU inflation, and potential weather challenges. Despite near-term pressures, the company's trends remain stable due to its needs-based demand structure and pandemic-driven behavioral shifts. TSCO shares are trading lower by 0.54% to $204.90.

Portfolio Pulse from Nabaparna Bhattacharya

October 05, 2023 | 7:44 pm