Streetbeat News

Earnings

CAG

Conagra Brands Inc. anticipates easing inflationary pressures and improved supply chain operations in fiscal 2024. The company will be wrapping on fiscal 2023 pricing at the beginning of Q2.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:08 pm

DAL

Delta Air CEO has announced that the company's profit sharing payout in February is expected to lead the industry by a wide margin.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:08 pm

STT

State Street (NYSE:STT) is set to release its quarterly earnings report on July 14, 2023. Analysts estimate an earnings per share (EPS) of $2.10. The company's past performance shows a trend of share price increase following earnings reports, even when EPS was missed. The stock is currently trading at $75.84, up 16.98% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 2:01 pm

UNH

UnitedHealth Group (NYSE:UNH) is set to release its latest quarterly earnings report on July 14, 2023. Analysts estimate an earnings per share (EPS) of $6.04. The company's stock performance has been generally negative over the last 52-week period, with shares down 14.53%. The company's past performance shows a mixed impact on the share price post-earnings release.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 2:01 pm

C

Citigroup (NYSE:C) is set to release its quarterly earnings report on July 14, 2023. Analysts estimate an EPS of $1.30. The company's past performance shows it beat EPS estimates last quarter, but the share price dropped 0.0% the next day. The stock is currently trading at $47.38, down 5.15% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 2:00 pm

CAG

ConAgra Brands, Inc. (NYSE:CAG) reported Q4 FY23 sales growth of 2.2% to $2.973 billion, slightly missing the consensus of $2.990 billion. Adjusted EPS decreased 4.6% to $0.62, beating the consensus of $0.59. The company's Board of Directors approved an annual dividend increase from $1.32 to $1.40 per share. For FY24, ConAgra anticipates organic net sales growth of 1% and adjusted EPS of $2.70-$2.75, below the consensus of $2.85.

Portfolio Pulse from Nabaparna Bhattacharya

July 13, 2023 | 2:00 pm

WFC

Wells Fargo (NYSE:WFC) is set to release its quarterly earnings report on July 14, 2023. Analysts estimate an EPS of $1.15. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $43.26, up 5.69% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 2:00 pm

CAG

Conagra Brands (CAG) estimates that its Q4 volume was impacted by transitory supply chain disruptions due to a cybersecurity incident at Americold.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 1:52 pm

DAL

UAL

United Airlines Holdings Inc (UAL) shares are trading higher by 2.73% following better-than-expected Q2 results from Delta Air Lines, Inc. (DAL). Delta achieved a 19% YoY growth in adjusted operating revenue, surpassing consensus estimates. However, cargo revenue declined by 37% YoY.

Portfolio Pulse from Henry Khederian

July 13, 2023 | 1:51 pm

AMZN

Amazon's Prime Day 2023 was the largest sales day in the company's history, with Prime members purchasing over 375 million items worldwide and saving more than $2.5 billion. The event was also the biggest ever for independent sellers in Amazon's store. The company offered more deals than any past Prime Day event, with top-selling deals including Fire TV Stick, LANEIGE Lip Glowy Balm, Apple AirPods, and Bissell Little Green Portable Deep Cleaner. Prime members also shopped deals beyond the Amazon store using Buy with Prime, a new feature that offers benefits when shopping directly from participating brands' websites.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 1:50 pm