Streetbeat News

Earnings

SMPL

Simply Good Foods (NASDAQ:SMPL) reported Q3 earnings of $0.44 per share, beating the analyst consensus estimate of $0.41 by 7.32%. The company also reported quarterly sales of $324.79 million, surpassing the analyst consensus estimate of $321.38 million by 1.06%. This represents a 2.61% increase over sales of $316.53 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 11:03 am

SMPL

Simply Good Foods (NASDAQ:SMPL) reported Q3 adjusted earnings of $0.44 per share, beating the analyst consensus estimate of $0.41 by 7.32%. The company also reported quarterly sales of $324.79 million, surpassing the analyst consensus estimate of $321.38 million by 1.06%. This represents a 2.61% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 11:03 am

RAD

Rite Aid reported Q1 adjusted EPS of $(0.73), beating the estimate of $(1.46) by 50%. The company also reported quarterly sales of $5.65B, beating the estimate of $5.32B by 6.26%. However, this represents a 6.02% decrease over sales of $6.01B from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 11:02 am

LNN

Lindsay (NYSE:LNN) reported Q3 earnings, missing estimated earnings by 28.84% with an EPS of $1.53 versus an estimate of $2.15. Revenue was down $49.71 million from the same period last year. Last quarter, the company beat EPS estimates but saw a 4.35% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 11:00 am

TM

Toyota Motor Corp (NYSE:TM) reported a 10.1% year-on-year sales growth for May, with worldwide sales improving by 10.7%. This marks the fourth consecutive month of Y/Y increase. The company's production also increased by 33.4% Y/Y. The growth is attributed to recovery from semiconductor shortages and the impact of COVID-19. Year-to-date sales climbed 4% and production rose 11.5%. TM shares closed higher by 1.86% at $160.11 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

June 29, 2023 | 10:59 am

LNN

Lindsay Corporation (NYSE:LNN) reported Q3 earnings of $1.53 per share, missing the analyst consensus estimate of $2.15 by 28.84%. This is a 32.89% decrease from the same period last year. The company also reported quarterly sales of $164.55 million, missing the analyst consensus estimate of $208.40 million by 21.04%. This is a 23.20% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:47 am

MSM

MSC Industrial has expressed confidence in its future profitable growth.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:47 am

MKC

McCormick & Co (NYSE:MKC) reported Q2 earnings, beating estimates by 5.26% with an EPS of $0.6 against an estimate of $0.57. Revenue was up $122.20 million from the same period last year. Last quarter, the company also beat EPS estimates, which was followed by a 0.02% increase in the share price the next day.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 10:40 am

MKC

McCormick & Company, Incorporated (MKC) has projected its sales to grow by 5% to 7% in fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:36 am

MKC

McCormick has increased its FY23 adjusted EPS outlook to $2.60 - $2.65, up from the previous estimate of $2.56 - $2.61. This is slightly above the estimated $2.63.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:35 am