Streetbeat News

Earnings

MDT

Medtronic (NYSE:MDT) reported Q1 earnings of $1.20 per share, beating the analyst consensus estimate of $1.11 by 8.11%. This is a 6.19% increase from the same period last year. The company also reported quarterly sales of $7.70 billion, beating the analyst consensus estimate of $7.57 billion by 1.74%, a 4.49% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:45 am

KC

Kingsoft Cloud Holdings (NASDAQ:KC) reported Q2 losses of $(0.02) per share and sales of $253.10 million, missing the analyst consensus estimate of $268.15 million by 5.61 percent. This represents an 11.08 percent decrease over sales of $284.63 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:42 am

LOW

Lowe's Companies reported better-than-expected Q2 earnings per share and reaffirmed its FY23 outlook, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:36 am

COTY

Coty Inc. has projected its adjusted earnings per share (EPS) for fiscal year 2024 to be between $0.44 and $0.47, which is lower than the estimated $0.48.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:35 am

PINC

Premier Inc. (PINC) has announced that it will not be providing fiscal 2024 guidance at this time due to its ongoing strategic review.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:32 am

COTY

Coty reported Q4 adjusted earnings of $0.01 per share, missing the analyst consensus estimate of $0.02 by 50%. However, the company's quarterly sales of $1.35 billion beat the estimate of $1.31 billion by 3.13%. This represents a 200% increase in earnings and a 15.67% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:32 am

PINC

Premier (NASDAQ:PINC) reported Q4 earnings of $0.68 per share, beating the analyst consensus estimate of $0.66 by 3.03%. This is an 11.48% increase from the same period last year. However, the company's quarterly sales of $340.36 million missed the analyst consensus estimate of $356.32 million by 4.48%, marking a 0.10% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:31 am

KC

Kingsoft Cloud Holdings (NASDAQ:KC) reported Q2 sales of $313.24 million, beating the analyst consensus estimate of $268.15 million by 16.82 percent. This represents a 10.05 percent increase over sales of $284.63 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:30 am

CSIQ

Canadian Solar has revised its FY23 total revenue outlook, reducing the top end from $9.5B to $9.0B. The new range is now $8.5B-$9.0B, compared to the consensus estimate of $9.27B.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:09 am

CSIQ

Canadian Solar has projected its Q3 total revenue to be between $1.9B and $2.1B, which is below the consensus estimate of $2.47B. The company's gross margin is expected to be between 17.5% and 19.5%. Total module shipments recognized as revenues by CSI Solar are expected to be in the range of 8.5 GW to 8.7 GW.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 10:06 am