Streetbeat News

Earnings

CTAS

Cintas (NASDAQ:CTAS) is set to release its latest quarterly earnings report on Tuesday, 2023-09-26. Analysts estimate an earnings per share (EPS) of $3.67. The company's past performance shows a trend of beating EPS estimates. Shares of Cintas were trading at $504.75 as of September 22, with a 31.47% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 2:00 pm

AIR

AAR (NYSE:AIR) is set to release its latest quarterly earnings report on Tuesday, 2023-09-26, with analysts estimating an earnings per share (EPS) of $0.73. The company's past performance shows a mixed impact on the share price post-earnings announcement. The stock is currently trading at $60.08, up 70.27% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 2:00 pm

COST

Costco Wholesale (NASDAQ:COST) is set to release its latest quarterly earnings report on Tuesday, 2023-09-26. Analysts estimate an earnings per share (EPS) of $4.79. Last quarter, the company beat EPS by $0.14, resulting in a 4.26% increase in the share price the next day. Shares of Costco Wholesale were trading at $558.59 as of September 22, with a 52-week increase of 16.42%.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 2:00 pm

KBH

KB Home (NYSE:KBH) reported better-than-expected earnings for Q3 FY23 with sales of $1.59 billion, beating the analyst consensus of $1.48 billion. EPS of $1.80 also beat the consensus of $1.43. Despite a 13.9% YoY sales decline and a 7% decrease in homes delivered, the company's upbeat earnings have investors eyeing potential gains from dividends. KB Home currently has a dividend yield of 1.73%, equating to a quarterly dividend of $0.20 per share. To earn $500 monthly from KB Home dividends, an investor would need to own approximately $346,500 worth of KB Home, or 7,500 shares.

Portfolio Pulse from Priya Nigam

September 25, 2023 | 12:34 pm

KKR

KKR has announced a monetization activity update, stating that it has earned gross realized carried interest and total realized investment income of over $475 million.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 10:54 am

TSLA

GLJ Research CEO Gordon Johnson, a long-time Tesla Inc bear, predicted a 7% drop in Tesla's sales for the third quarter compared to the second quarter. He also claimed that Tesla's sales are imploding across its three largest markets and its profit margins lag behind competitors. Tesla CEO Elon Musk responded sarcastically, stating that there is value in someone being a reliable contra-indicator. Despite Johnson's predictions, Tesla has consistently reported profits since 2020.

Portfolio Pulse from Anan Ashraf

September 25, 2023 | 10:37 am

GB

Global Blue is projecting an Adjusted EBITDA of €145-165m in FY23/24 and over €200m in FY24/25. The company is targeting a long-term revenue growth of 8-12%, with a 'Revenue-to-Adjusted EBITDA drop-through' of over 50% and a net leverage of less than 2.5x. This growth is expected to be driven by new technology solutions in hospitality & retail payments gateway, data analytics, and digital marketing.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 10:35 am

AIXI

XIAO-I (NASDAQ:AIXI) reported a significant decrease in earnings per share (EPS) from $0.03 last year to $(0.80) this year, representing a 2766.67% decrease. However, the company's sales increased by 105.89% to $26.48 million from $12.86 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 9:06 am

UNFI

United Natural Foods, Inc. (NYSE:UNFI) is expected to report a Q4 loss of 28 cents per share, compared to earnings of $1.27 per share a year ago. The company's revenue is projected to be $7.47 billion, up from $7.27 billion in the same period last year. The company's shares fell 2.1% to close at $18.85 on Friday. Several analysts have recently adjusted their price targets for the company, with most downgrading their ratings.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 9:01 am

AIXI

AN

PUYI

THO

VCNX

THOR Industries, AutoNation, Puyi Inc., Vaccinex, and Xiao-I Corporation are the stocks to watch heading into Monday. THOR Industries is expected to report quarterly earnings at 95 cents per share on revenue of $2.41 million. AutoNation has appointed Jeff Parent as its new COO. Puyi Inc. is set to release its audited financial results for the fiscal year ended June 30, 2023. Vaccinex reported a 1-for-15 reverse stock split. Xiao-I Corporation is projected to report financial results for the first half of 2023.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 8:41 am