Streetbeat News

Earnings

DRI

Darden Restaurants reported Q4 sales of $2.769 billion.

Portfolio Pulse from Bill Haddad

June 22, 2023 | 11:34 am

FDS

FactSet Research Systems Inc. (NYSE:FDS) is expected to report lower Q3 earnings of $3.61 per share, down from $3.76 per share a year ago, with revenues of $527.33 million. The company's stock closed at $423.34 on Wednesday. Analysts from Stifel, BMO Capital, UBS, Barclays, and Deutsche Bank have recently updated their price targets for FDS.

Portfolio Pulse from Lisa Levin

June 22, 2023 | 11:15 am

MEI

Methode Electronics (MEI) announced that its fiscal 2024 and 2025 guidance remains unchanged from the preliminary guidance provided on June 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 11:06 am

MEI

Methode Electronics (MEI) projects FY24 net sales of $1.15B-$1.20B, with EPS of $1.55-$1.75, compared to the consensus estimates of $1.16B and $1.62 respectively.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 11:06 am

FDS

FactSet has updated its FY23 guidance, now expecting revenue at the lower end of $2.08B-$2.10B, compared to the previous estimate of $2.09B. The company also adjusted its EPS guidance to $14.75 - $15.15, up from the prior range of $14.50 - $14.90.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 11:06 am

MEI

Methode Electronics (NYSE:MEI) reported Q4 earnings, missing estimated earnings by 53.33% with an EPS of $0.21 compared to an estimate of $0.45. Revenue was up $12.50 million from the same period last year.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 11:05 am

DRI

Darden Restaurants forecasts FY24 revenue of $11.5B - $11.6B and adjusted EPS of $8.55 - $8.85.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 11:03 am

FDS

FactSet Research Systems (NYSE:FDS) reported Q3 earnings of $3.79 per share, beating the $3.61 estimate, and sales of $529.81M, beating the $527.33M estimate. This represents a 0.8% increase in earnings and an 8.4% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 11:02 am

MEI

Methode Electronics reported Q4 adjusted earnings of $0.21 per share, missing the analyst consensus estimate of $0.45 by 53.33%. Sales were $301.20 million, beating the estimate of $297.45 million by 1.26%.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 11:01 am

DRI

Darden Restaurants reported Q4 earnings of $2.58 per share, beating the analyst consensus estimate of $2.54 by 1.57%. Sales reached $2.80 billion, surpassing the estimate of $2.77 billion by 1.08%. Both earnings and sales increased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 11:01 am