Streetbeat News

Earnings

REVG

REV Group reported better-than-expected Q3 financial results and raised its FY23 net sales guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:19 pm

SLNA

Selina Hospitality (NASDAQ:SLNA) reported Q2 sales of $52.50 million, a 15.89% increase from $45.30 million in the same period last year.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 12:08 pm

CBRL

Cracker Barrel Old Country Store forecasts its Q1 FY24 sales to be between $800M and $850M, compared to the estimated $848.54M.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:04 pm

AKLI

Akili Interactive Labs expects its non-GAAP total operating expenses to be between $55M-$60M in 2023. The company also anticipates its non-prescription business model to operate at 60-70% gross margins by late 2025.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 12:03 pm

CBRL

Cracker Barrel Old (NASDAQ:CBRL) reported Q4 adjusted earnings of $1.79 per share, beating the analyst consensus estimate of $1.61 by 11.18%. However, the company's quarterly sales of $836.70 million missed the analyst consensus estimate of $842.61 million by 0.70%.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:01 pm

HAIN

Hain Celestial Group Inc. anticipates one-time restructuring and related costs of $115M - $125M across FY24 and FY25.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:46 am

SLQT

SelectQuote has provided its fiscal year 2024 guidance, expecting revenues to range between $1.05 billion and $1.2 billion, which is in line with the estimated $1.1 billion. The company also anticipates a net loss between $50 million and $22 million, and an adjusted EBITDA between $80 million and $105 million.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:34 am

SLQT

SelectQuote reported Q4 losses of $(0.29) per share, in line with analyst consensus. This is a 14.71% increase over losses from the same period last year. The company's quarterly sales of $221.78M beat the analyst consensus estimate of $181.41M by 22.25%, marking a 59.10% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:32 am

CWCO

VST

Vistra Corp. (VST) and Consolidated Water Co. Ltd. (CWCO) are identified as the most overbought stocks in the utilities sector, indicating they may be overvalued. VST recently priced private offerings of $1.75 billion in notes and CWCO reported a 110% YoY increase in Q2 2023 revenue to $44.2 million.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 11:31 am

CECO

CECO Environmental Corp. has completed the acquisition of Kemco Systems, a company specializing in industrial water recycling and energy conservation solutions. Following the acquisition, CECO has raised its full-year 2023 outlook for revenue and EBITDA. The company now expects revenues of at least $525 million, up approximately 24% year over year, and adjusted EBITDA of at least $55 million, up approximately 30% year over year.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:07 am