Streetbeat News

Earnings

HELE

Helen of Troy Limited (HELE) has projected its adjusted earnings per share (EPS) for FY24 to be between $8.50 and $9.00, compared to the estimated $8.91.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 10:50 am

RPM

RPM International forecasts sales growth in low-single digits and adjusted EBIT growth in high-single to low-double digits for the second quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 10:49 am

HELE

Helen Of Troy (NASDAQ:HELE) reported Q2 adjusted earnings of $1.74 per share, beating the analyst consensus estimate of $1.64 by 6.1%. However, this is a 23.35% decrease from the same period last year. The company also reported quarterly sales of $491.60 million, beating the analyst consensus estimate of $484.80 million by 1.40%, but this is a 5.72% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 10:46 am

RPM

RPM International reported Q1 earnings of $1.64 per share, beating the analyst consensus estimate of $1.55 by 5.81%. This is an 11.56% increase from the same period last year. The company also reported quarterly sales of $2.01 billion, beating the analyst consensus estimate of $1.97 billion by 2.03%. This is a 4.04% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 10:46 am

AYI

Acuity Brands (NYSE:AYI) reported Q4 earnings of $3.97 per share, beating the analyst consensus estimate of $3.72 by 6.72%. However, the company's quarterly sales of $1.01 billion missed the analyst consensus estimate of $1.02 billion by 0.94%. This represents a 0.51% increase in earnings and an 8.97% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 10:02 am

AYI

CALM

HELE

INTC

RPM

RPM International, Cal-Maine Foods, Acuity Brands, Intel Corporation, and Helen of Troy Limited are stocks to watch heading into Wednesday. RPM International and Acuity Brands are expected to report earnings before the opening bell. Cal-Maine Foods posted weaker-than-expected sales for its first quarter. Intel announced plans to operate its Programmable Solutions Group as a standalone business. Helen of Troy is expected to post earnings before the opening bell.

Portfolio Pulse from Lisa Levin

October 04, 2023 | 8:22 am

AYI

HELE

RPM

TSLA

The CNN Money Fear and Greed index has moved to the 'Extreme Fear' zone amid a surge in Treasury yields. U.S. stocks closed sharply lower on Tuesday, with the Dow Jones index turning lower for 2023. Truist Securities maintained Tesla with a Hold and lowered the price target from $254 to $243. Investors are awaiting earnings results from RPM International, Acuity Brands, and Helen of Troy.

Portfolio Pulse from Lisa Levin

October 04, 2023 | 6:47 am

AYI

Acuity Brands, Inc. (NYSE:AYI) is expected to report lower Q4 earnings for fiscal 2023 on Oct. 4, 2023. Analysts predict earnings of $3.72 per share, down from $3.95 per share in the previous year, and revenue of $1.02 billion, down from $1.11 billion. The company's shares closed at $167.38 on Tuesday. Analysts from Baird, Oppenheimer, and Goldman Sachs have recently adjusted their price targets for AYI.

Portfolio Pulse from Lisa Levin

October 04, 2023 | 6:20 am

ONON

On Holding AG (ONON) has reiterated its FY23 outlook, aiming to achieve CHF 1.76 billion in net sales, a gross profit margin of 58.5%, and an adjusted EBITDA margin of 15%. The company also plans to double its net sales to CHF 3.55 billion by 2026, reflecting a CAGR of over 26%, and aims to exceed a 60% gross profit margin and reach an 18%+ adjusted EBITDA margin by 2026.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 5:49 am

UPXI

Upexi reported a net loss of $16.9 million for FY23, significantly higher than the net loss of $2.1 million reported in the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 9:19 pm