Streetbeat News

Earnings

APOG

Apogee Enterprises (NASDAQ:APOG) is set to release its latest quarterly earnings report on Tuesday, 2023-09-19. Analysts estimate an earnings per share (EPS) of $1.12. The company's past performance shows a pattern of beating EPS estimates. The stock price has seen varied changes post-earnings announcements. The shares were trading at $48.33 as of September 15, with a 52-week increase of 17.07%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:00 pm

AZO

AutoZone (NYSE:AZO) is set to release its latest quarterly earnings report on Tuesday, 2023-09-19. Analysts estimate an earnings per share (EPS) of $45.18. The company's past performance shows a trend of beating EPS estimates, but this has sometimes been followed by a drop in share price. AutoZone's shares were trading at $2529.68 as of September 15, with a 17.52% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:00 pm

SCS

Steelcase (NYSE:SCS) is set to release its latest quarterly earnings report on Tuesday, 2023-09-19. Analysts estimate an earnings per share (EPS) of $0.20. The company's past performance shows it beat EPS estimates last quarter, which led to an 8.15% increase in share price. However, the stock has been down 6.52% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:00 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) has announced changes to its executive leadership team, including the appointment of Michael Battaglia as Chief Operations Officer, Jim Nemec as Chief Revenue Officer, and Siddhartha Kodgi as Vice President of Operations. The company also announced the departure of Mark Pastrone from his role as Chief Operations Officer. This follows Blink's record Q2 earnings announcement of nearly $33 million. The company plans to continue focusing on enhancing its synergies following the acquisition of six companies over the last three years.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 1:28 pm

BRY

Berry Corporation has updated its FY23 Guidance following the completion of the Macpherson Energy Corporation acquisition. The company financed the acquisition by cutting its FY23 capital spending. Berry now sees Average Daily Production of 24,800 - 25,400 (prior 24,000 - 25,200); E&P non-production revenues of $1.65 - $1.85 (prior $3.30 - $3.50) and Well Servicing & Abandonment Segment Adjusted EBITDA of ~$25 million (prior ~$27 million).

Portfolio Pulse from Akanksha Bakshi

September 18, 2023 | 1:22 pm

MDRX

Veradigm Inc. (NASDAQ:MDRX) has announced that it will not be able to file its Annual Report on Form 10-K for the year ended December 31, 2022, or its Quarterly Reports on Forms 10-Q for the quarters ended March 31, 2023, and June 30, 2023, due to ongoing audit procedures related to previously disclosed accounting and internal control errors. The company expects to file these reports in Q4 2023. As a result, it anticipates receiving a delisting notice from Nasdaq but plans to request a hearing to stay any suspension or delisting action. Veradigm has also revised the estimated cumulative impact of the accounting errors down to approximately $20 million and updated its financial guidance for FY23.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 1:14 pm

CLX

Clorox Co (NYSE:CLX) shares are trading lower after the company disclosed that its operations were impacted by a cyber attack. The company is operating at a lower rate of order processing and is experiencing product availability issues. Clorox anticipates the breach to have a material impact on its Q1 financial results.

Portfolio Pulse from Adam Eckert

September 18, 2023 | 1:12 pm

HRYU

Hanryu Holdings (NASDAQ:HRYU) reported Q2 losses of $(0.07) per share, a 133.33% decrease YoY. However, the company's sales increased by 2.00K% to $630.00K from $29.94K YoY.

Portfolio Pulse from Happy Mohamed

September 18, 2023 | 1:04 pm

LEN

Lennar Corporation (NYSE:LEN) reported better-than-expected Q3 results with earnings of $3.91 per share and sales of $8.73 billion. New orders increased 37% to 19,666 homes. The company offers an annual dividend yield of 1.31%, which is a quarterly dividend amount of $0.375 a share. To earn $500 per month from dividends, an investment of approximately $459,040 or around 4,000 shares is needed.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:26 pm

SPGC

Sacks Parente Golf (NASDAQ:SPGC) reported Q2 losses of $(0.06) per share, a 71.43% increase from $(0.21) per share YoY. The company also reported a 6.82% increase in sales to $47.00K from $44.00K YoY.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:12 pm