Streetbeat News

Earnings

SCVL

Shoe Carnival has reduced its 2023 EPS guidance from $3.60-$3.85 to $3.10-$3.25, which is in line with the consensus estimate of $3.12.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:24 am

SCVL

Shoe Carnival has reduced its 2023 net sales outlook from $1.23B-$1.25B to $1.19B-$1.21B, which is in line with the consensus estimate of $1.19B.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:22 am

NIO

NIO reported Q2 losses of $0.45 per share, missing the analyst consensus estimate of $0.36 by 25%. This is a 125% increase in losses from the same period last year. The company also reported quarterly sales of $1.21 billion, missing the analyst consensus estimate of $1.35 billion by 10.44%. This is a 21.34% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:20 am

NIO

NIO Inc. has projected its Q3 2023 revenue to be between $2.61B and $2.69B, surpassing the $2.44B estimate. The company also expects vehicle deliveries to range from 55,000 to 57,000, marking a 74.0% to 80.3% increase from Q3 2022.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:19 am

SCVL

Shoe Carnival reported a 6.5% decrease in Q2 comparable store sales.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:17 am

NIO

NIO reported Q2 2023 vehicle deliveries of 23,520, a decrease of 6.1% YoY and 24.2% QoQ. The deliveries consisted of 10,492 premium smart electric SUVs and 13,028 premium smart electric sedans.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:17 am

SCVL

Shoe Carnival reported Q2 earnings of $0.71 per share, a 31.73% decrease from the same period last year. However, the company's quarterly sales of $294.62 million beat the analyst consensus estimate of $286.35 million by 2.89%, despite being a 5.65% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:17 am

NIO

NIO reported Q2 losses of $0.45 per share, missing the analyst consensus estimate of $0.36 by 25%. The company's quarterly sales were $990.90 million, missing the estimate of $1.35 billion by 26.60%. This represents a 125% increase in losses and a 35.53% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:16 am

BNS

Bank of Nova Scotia reported Q3 earnings of $1.73 per share, missing the analyst consensus estimate of $1.74 by 0.57 percent. This is a 17.62 percent decrease from the same period last year. The company also reported quarterly sales of $8.09 billion, missing the analyst consensus estimate of $8.15 billion by 0.74 percent, but a 3.73 percent increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:08 am

DCI

Donaldson Company, Inc. (DCI) has projected its FY24 sales growth to be between 3% and 7%, with an EPS of $3.14 - $3.30, compared to an estimate of $3.13. The company expects growth in mobile, industrial, and life sciences sales, while aerospace and defense sales are projected to decrease. Operating margin is forecasted to be between 14.7% and 15.3%, and capital expenditures are expected to be between $95 million and $115 million. The company also plans to repurchase approximately 2% of its shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 10:06 am