Streetbeat News

Earnings

LEN

Lennar Corporation reported Q3 earnings of $3.91 per share, beating the analyst consensus estimate of $3.51. Quarterly sales of $8.73 billion also beat the analyst consensus estimate of $8.45 billion but fell 2.28% from the same period last year. New orders increased 37% to 19,666 homes and the new orders dollar value increased 30% to $8.6 billion. The company anticipates new orders in the fourth-quarter in a range between 16,200 and 17,200.

Portfolio Pulse from Ryan Gustafson

September 14, 2023 | 9:00 pm

NUE

Nucor Corporation (NUE) expects its Q3 earnings for the Steel Mills segment to decline quarter-over-quarter primarily due to lower pricing and, to a lesser extent, volumes.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:36 pm

NUE

Nucor Corporation expects its Q3 earnings per share (EPS) to be between $4.10 and $4.20, which is lower than the estimated $4.65. This is also significantly lower than the $6.50 EPS posted in the same period last year. The company anticipates the largest impact on earnings to occur at its sheet mills.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:35 pm

LEN

Lennar Corporation expects its Q4 new orders to be between 16,200 and 17,200, with the average sales price remaining consistent with Q3.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:32 pm

LEN

Lennar (NYSE:LEN) reported Q3 earnings of $3.91 per share, beating the analyst consensus estimate of $3.51 by 11.4%. However, this is a 24.52% decrease from the same period last year. The company also reported quarterly sales of $8.73 billion, beating the estimate of $8.45 billion by 3.31%, but this is a 2.28% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:31 pm

CPRT

Copart has reported its Q4 adjusted EPS at $0.34.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:29 pm

ADBE

Adobe Inc. reported Q3 earnings of $4.09 per share, beating the analyst consensus estimate of $3.98, and marking a 20.29% increase from the same period last year. The company also reported quarterly sales of $4.89 billion, beating the analyst consensus estimate of $4.87 billion. Adobe issued Q4 earnings per share guidance in a range between $4.10 and $4.15, versus the $4.06 estimate. Total revenue is anticipated to be between $4.975 billion and $5.025 billion, versus the $5 billion estimate.

Portfolio Pulse from Ryan Gustafson

September 14, 2023 | 8:23 pm

FEIM

Frequency Electronics (NASDAQ:FEIM) reported Q1 earnings of $0.22 per share, a 166.67% increase YoY. The company also reported $12.41 million in sales, a 51.24% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:20 pm

DLNG

Dynagas LNG Partners reported Q2 earnings of $0.08 per share, missing the analyst consensus estimate of $0.18 by 55.56%. This is a 52.94% decrease from the same period last year. However, the company reported quarterly sales of $37.65 million, beating the analyst consensus estimate of $33.68 million by 11.80%. This is a 12.67% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:19 pm

RFIL

RF Industries (NASDAQ:RFIL) reported Q3 losses of $(0.08) per share, missing the analyst consensus estimate of $0.08 by 200 percent. This is a 166.67 percent decrease from the same period last year. The company also reported quarterly sales of $15.70 million, missing the analyst consensus estimate of $21.45 million by 26.81 percent, a 34.15 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:17 pm