Streetbeat News

Earnings

GHG

GreenTree Hospitality Gr (NYSE:GHG) reported a 20% increase in quarterly earnings YoY, with EPS of $0.18, up from $0.15. Sales also increased by 60.40% YoY, reaching $109.53M from $68.28M.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:44 am

LGND

Ligand Pharmaceuticals has increased its FY23 adjusted EPS outlook from $4.85-$5.00 to $5.10-$5.25, surpassing the estimated $4.98.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 9:23 pm

ICMB

Investcorp Credit Management Bdc, Inc. (ICMB) announced its Q2 2023 financial results, with a net asset value per share of $6.09, a decrease from $6.13 in Q1 2023. The company's board declared a distribution of $0.12 per share and a supplemental distribution of $0.03 per share for Q3 2023. ICMB made investments totaling $15.1 million in new and existing portfolio companies, and realized $8.66 million from one portfolio company. The weighted average yield on debt investments for Q2 was 12.45%, down from 13.36% in Q1.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:38 pm

SFIX

Stitch Fix, Inc. (NASDAQ:SFIX) reported Q4 losses of 24 cents per share, missing the analyst consensus estimate of losses of 21 cents. However, the company's quarterly sales of $375.80 million beat the analyst consensus estimate of $371.36 million. The company also reported a decrease of 13% year-over-year in active clients for the full-year 2023. The company issued first-quarter U.S. net revenue guidance in a range between $355 million and $365 million, and U.S. full-year 2024 net revenue is anticipated to be between $1.3 billion and $1.37 billion.

Portfolio Pulse from Ryan Gustafson

September 18, 2023 | 8:31 pm

KTRA

Kintara Therapeutics has reported its FY23 earnings per share (EPS) at $(9.27), which is an improvement from the previous year's $(25.80).

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:29 pm

X

United States Steel Corp has announced that its Q3 guidance reflects the expected financial impact from the United Autoworkers Union strike. The company's stock symbol is X.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:19 pm

X

United States Steel Corporation (NYSE:X) has provided Q3 2023 adjusted net earnings per diluted share guidance of $1.10 to $1.15, higher than the estimated $1.01. The company expects Q3 2023 adjusted EBITDA to be approximately $550 million. The guidance reflects the expected impact of the United Autoworkers union strike and the company's strategic initiatives. The company also expects to end the third quarter with cash on hand of approximately $3 billion.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:18 pm

SFIX

Stitch Fix's FY23 active clients have decreased by 13% YoY to 3.297M. Additionally, the net revenue per active client has also dropped by 9% to $497.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:10 pm

SFIX

Stitch Fix has projected its Q1 US net revenue to be between $355M-$365M. The company also forecasts its FY24 US net revenue to be in the range of $1.3B-$1.37B.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:08 pm

SFIX

Stitch Fix reported Q4 losses of $(0.24) per share, missing the analyst consensus estimate of $(0.21) by 14.29%. However, the company's quarterly sales of $375.80 million beat the analyst consensus estimate of $371.36 million by 1.20%. This represents a 63.08% increase in losses and a 22.02% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:06 pm