Streetbeat News

Earnings

DBI

Designer Brands (NYSE:DBI) reported Q2 adjusted earnings of $0.59 per share, beating the analyst consensus estimate of $0.44 by 34.09%. However, this is a 4.84% decrease from the same period last year. The company also reported quarterly sales of $792.20 million, beating the analyst consensus estimate of $785.74 million by 0.82%, but this is a 7.81% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:46 am

KALV

KalVista Pharma reported Q1 losses of $(0.74) per share, beating the analyst consensus estimate of $(0.86) by 13.95 percent. This is a 21.28 percent increase over losses from the same period last year. The company's cash position stands at $123.3M.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:31 am

WDH

Waterdrop (NYSE:WDH) reported Q2 earnings of $0.02 per ADS, meeting analyst consensus but marking a 77.78% decrease YoY. The company's quarterly sales were $93.60 million, missing the analyst consensus of $96.97 million by 3.48%, and representing a 10.62% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:30 am

DOOO

BRP (NASDAQ:DOOO) reported Q2 earnings of $2.41 per share, beating the analyst consensus estimate of $2.19 by 10.05%. This is a 5.24% increase from the same period last year. The company also reported quarterly sales of $2.08 billion, beating the analyst consensus estimate of $1.98 billion by 5.10%. This is a 9.76% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:28 am

DOOO

BRP has increased its full year-end guidance for normalized EPS to $9.1935-$9.5657. The company also expects FY24 to deliver record revenues and profitability.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:07 am

WDH

Waterdrop (NYSE:WDH) reported Q2 earnings of $0.00 per share, missing the analyst consensus estimate of $0.02 by 91.23%. This is a 98.05% decrease from the same period last year. The company also reported quarterly sales of $93.60 million, missing the analyst consensus estimate of $96.97 million by 3.48%. This is a 10.62% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:06 am

DOOO

BRP (NASDAQ:DOOO) reported Q2 adjusted earnings of $2.39 per share, beating the analyst consensus estimate of $2.19 by 9.13%. This is a 4.37% increase from the same period last year. The company also reported quarterly sales of $2.07 billion, beating the analyst consensus estimate of $1.98 billion by 4.44%. This is a 9.07% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:02 am

KTB

Los Angeles-based fashion brand STAUD is partnering with Kontoor Brands, Inc. (NYSE:KTB) owned jeanswear brand Wrangler for a new collection. The collaboration will blend modern California denim aesthetic with an authentic Western lifestyle. The limited STAUD + Wrangler collection is available online and in STAUD stores, with prices ranging from 120 - 365 euros. In August, Kontoor Brands reported Q2 sales of $616.01 million and an adjusted EPS of $0.77, beating the consensus of $0.66.

Portfolio Pulse from Shivani Kumaresan

September 07, 2023 | 9:48 am

MGA

Automotive supplier Magna International has raised its revenue outlook for FY25 to $46.7B-$49.2B, up from the previous forecast of $44.7B-$47.2B. The company has also reaffirmed its FY25 adjusted EBIT margin at 6.7%-7.8%.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 9:10 am

QD

Qudian (NYSE:QD) reported Q2 adjusted losses of $(0.05) per share, a 66.67% decrease YoY. The company's sales also decreased by 90.29% to $1.53 million from $15.74 million YoY.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 9:05 am