Streetbeat News

Earnings

LZB

La-Z-Boy has projected its Q2 sales to be between $490M and $510M, which is slightly lower than the estimated $507.08M.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:17 pm

FIHL

Fidelis Insurance Hldgs (NYSE:FIHL) reported Q2 earnings of $0.76 per share, beating the analyst consensus estimate of $0.56 by 35.71%. The company's sales for the quarter were $453.20 million, a 37.29% increase from $330.10 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:17 pm

LZB

La-Z-Boy reported Q1 earnings of $0.62 per share, beating the analyst consensus estimate of $0.55 by 12.73%. However, this is a 31.87% decrease from the same period last year. The company also reported quarterly sales of $482.00 million, beating the estimate of $474.58 million by 1.56%, but this is a 20.21% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:16 pm

CSLR

Complete Solaria expects its Q3 revenues to be between $38M and $41M.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:11 pm

CSLR

Complete Solaria (NASDAQ:CSLR) reported Q2 sales of $32.20 million, a decrease of 9% compared to the previous quarter.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:11 pm

ELMD

Electromed reported Q4 earnings of $0.12 per share, a 200% increase YoY. The company's quarterly sales of $13.60M beat the analyst consensus estimate of $12.80M by 6.25%, marking a 20.70% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:07 pm

TBLT

ToughBuilt Industries (NASDAQ:TBLT) reported Q2 losses of $(0.36) per share, a 96.19% increase over losses of $(9.45) per share from the same period last year. The company also reported $18.88 million in sales this quarter, a 5.47% increase over sales of $17.90 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:06 pm

URBN

Urban Outfitters reported Q2 earnings of $1.10 per share, beating the analyst consensus estimate of $0.89 by 23.6%. This is a 71.88% increase from the same period last year. The company also reported quarterly sales of $1.27 billion, beating the analyst consensus estimate of $1.25 billion by 1.76%, a 7.52% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:05 pm

HIBB

Telsey Advisory Group analyst Cristina Fernandez reiterated an Outperform rating on Hibbett, Inc. (NASDAQ:HIBB) with a price target of $60. Despite choppy spending trends and a promotional environment for athletic footwear, the analyst believes Hibbett's Q2 expectations are achievable. The company is expected to have reduced inventory levels and is participating in the Yeezy drops in August, which could boost sales and online traffic. However, the analyst predicts an operating margin contraction in Q2 due to higher promotional activity and occupancy deleverage.

Portfolio Pulse from Nabaparna Bhattacharya

August 22, 2023 | 7:57 pm

MIGI

Mawson Infrastructure Group Inc. (MIGI) reported its Q2 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 7:52 pm