Streetbeat News

Earnings

STZ

Constellation Brands reported better-than-expected Q1 results and reaffirmed its FY24 adjusted EPS forecast, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 11:44 am

D

Dominion Energy has revised its Q2 operating EPS guidance to $0.44-$0.50, down from the previously expected $0.58-$0.68. This is due to the estimated impact of historically mild weather and unplanned outages at the Millstone Power Station.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 11:39 am

STZ

Constellation Brands has reaffirmed its FY24 operating cash flow target of $2.4B-$2.6B and free cash flow projection of $1.2B-$1.3B.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 11:36 am

STZ

Constellation Brands has reaffirmed its FY24 comparable EPS outlook of $11.70-$12.00, which is above the consensus estimate of $11.62.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 11:34 am

STZ

Constellation Brands (NYSE:STZ) reported Q1 adjusted earnings of $2.91 per share, beating the analyst consensus estimate of $2.83 by 2.83 percent. This is a 9.4 percent increase from the same period last year. The company also reported quarterly sales of $2.51 billion, beating the analyst consensus estimate of $2.47 billion by 1.78 percent, a 6.39 percent increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 11:31 am

TOP

TOP Financial has reported its FY23 earnings per share (EPS) at $0.10, down from $0.12 in the previous year. However, the company's total revenues have increased by 24% to $9.7 million.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 11:14 am

AMZN

NKE

NVDA

The S&P 500 settled higher on Thursday, driven by a rally in bank stocks following positive Fed stress test results. The U.S. economy expanded by an annualized rate of 2% in Q1, exceeding market expectations. Traders anticipate a 87% chance of a 25 basis point rate hike by the Federal Reserve in July. NIKE reported lower than expected Q4 earnings, while NVIDIA and Amazon shares fell, contributing to a 0.16% drop in the Nasdaq 100.

Portfolio Pulse from Lisa Levin

June 30, 2023 | 11:05 am

NKE

Nike's shares are trading lower following the company's Q4 earnings per share (EPS) miss reported on Thursday.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 10:57 am

YGF

YanGuFang reported H1 earnings per share (EPS) of $0.08, down from $0.13 in the same period last year. However, the company's revenues increased by 26.3% to $23.7 million.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 10:07 am

AIXI

CJET

HMY

NKE

SENS

TRUP

Several big stocks are recording losses in today's pre-market trading session. Trupanion, Inc. (TRUP) shares dropped 12% after California and New York approved the company's requested rate increases. NIKE, Inc (NKE) shares fell 3.5% following downbeat earnings for its fourth quarter. Xiao-I Corporation (AIXI), Chijet Motor Company, Inc. (CJET), Harmony Gold Mining Company Limited (HMY), and Senseonics Holdings, Inc. (SENS) also experienced declines in pre-market trading.

Portfolio Pulse from Lisa Levin

June 30, 2023 | 10:03 am