Streetbeat News

Earnings

ALOT

AstroNova (NASDAQ:ALOT) reported Q2 adjusted earnings of $0.15 per share, a 87.5% increase YoY. The company also reported $35.52 million in sales, a 10.12% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:33 am

CNM

Core & Main (NYSE:CNM) reported Q2 earnings of $0.66 per share, missing the analyst consensus estimate of $0.68 by 2.94%. This is a 1.49% decrease from the same period last year. The company also reported quarterly sales of $1.86 billion, missing the analyst consensus estimate of $1.88 billion by 1.01%. This is the same as the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:30 am

KIRK

Kirkland's reported Q2 adjusted EPS of $(1.39), missing the estimate of $(1.10) by 26.36%. The company also reported quarterly sales of $89.50M, missing the estimate of $91.86M by 2.56%. This represents a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:21 am

AVAV

GTLB

QQQ

SPY

ZS

Trading in the index future suggests a lackluster session for stocks on Wednesday. The futures market has priced in a 93% probability of a pause at the Federal Open Market Committee meeting, given growing evidence of a slowdown. The SPDR S&P 500 ETF Trust (NYSE:SPY) moved down 0.14% to $448.59 and the Invesco QQQ ETF (NASDAQ:QQQ) fell 0.25% to $377.14 in premarket trading. Stocks in focus include AeroVironment, Inc. (NASDAQ:AVAV), GitLab, Inc. (NASDAQ:GTLB), and Zscaler, Inc. (NASDAQ:ZS) due to their earnings reports.

Portfolio Pulse from Shanthi Rexaline

September 06, 2023 | 11:12 am

BNED

Barnes & Noble Education (BNED) has reiterated its expectation for FY24, forecasting a consolidated Non-GAAP Adjusted EBITDA from continuing operations of approximately $40M.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:09 am

GIS

General Mills has reaffirmed its full-year financial targets for fiscal 2024 at the 2023 Barclays Global Consumer Staples Conference. The company expects organic net sales to increase by 3-4%, adjusted operating profit to increase by 4-6%, adjusted diluted EPS to increase by 4-6%, and free cash flow conversion to be at least 95% of adjusted after-tax earnings.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:05 am

BNED

Barnes & Noble Education (BNED) reported Q1 losses of $(0.86) per share, missing the analyst consensus estimate of $(0.73) by 17.81%. However, the company's quarterly sales of $264.16 million beat the analyst consensus estimate of $255.96 million by 3.20%.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:03 am

SNT

Senstar Tech (NASDAQ:SNT) reported Q2 losses of $(0.01) per share, a 200% decrease YoY. Sales also decreased by 7.49% to $8.44 million compared to $9.12 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:03 am

KIRK

Kirkland's reported Q2 losses of $(1.51) per share, an improvement from $(2.02) per share last year. However, the company's quarterly sales of $89.50 million missed the analyst consensus estimate of $91.86 million by 2.57 percent, marking a 12.34 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:02 am

AKTS

Akoustis Technologies reported Q4 losses of $(0.21) per share, missing the analyst consensus estimate of $(0.17) by 23.53%. The company also reported quarterly sales of $8.33 million, missing the analyst consensus estimate of $8.44 million by 1.27%. However, this represents a 60.25% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:01 am