Streetbeat News

Earnings

LFCR

Lifecore Biomedical (NASDAQ:LFCR) reported Q3 adjusted losses of $(0.22) per share, missing the $(0.13) estimate by 69.23%. Sales were $27.60M, missing the $28.00M estimate by 1.43%, compared to $37.40M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:25 am

CAL

Caleres has reiterated its FY23 adjusted EPS guidance of $4.10-$4.30, lower than the $4.57 estimate, and reduced its net sales forecast to $2.82B-$2.88B from the previous $2.97B-$3.03B. The company expects Q2 net sales of $701.4M-$708.8M and adjusted EPS of $0.87-$0.92, both below estimates.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:25 am

LI

NIO

XPEV

Chinese EV startups Li Auto, Nio, and XPeng reported their May delivery figures. Li Auto saw a 146% YoY increase to 28,277 vehicles, while Nio experienced a 12.4% YoY decline with 6,155 vehicles delivered. XPeng delivered 7,506 EVs, a 25.9% decrease compared to May 2022.

Portfolio Pulse from Anan Ashraf

June 01, 2023 | 11:22 am

CRWD

CrowdStrike Holdings Inc (NASDAQ:CRWD) reported better-than-expected Q1 earnings with revenue of $692.58 million and EPS of 57 cents. The company forecasts Q2 revenue between $717.2 million and $727.4 million and EPS between 54 and 57 cents. Following the announcement, analysts revised their price targets, with Baird cutting it from $185 to $180, MoffettNathanson from $229 to $217, and Rosenblatt increasing it from $170 to $175.

Portfolio Pulse from Lisa Levin

June 01, 2023 | 11:19 am

DG

Dollar General reported worse-than-expected Q1 results and lowered its FY23 sales growth outlook, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:12 am

CRM

Salesforce (NYSE:CRM) reported better-than-expected Q1 earnings and sales, with revenue of $8.25 billion and EPS of $1.69. Analysts have raised their price targets following the announcement, but shares dropped 6% in pre-market trading.

Portfolio Pulse from Lisa Levin

June 01, 2023 | 11:12 am

M

Macy's reported a decline in Q1 comparable sales and lowered its FY23 outlook, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:11 am

SPTN

SpartanNash (NASDAQ:SPTN) reported Q1 earnings with an EPS of $0.64, beating estimates by 1.59%. Revenue was up $143 million from the same period last year.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 11:10 am

SPTN

SpartanNash forecasts FY23 adjusted EPS of $2.20 - $2.35, compared to the $2.25 estimate.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:05 am

DG

Dollar General has reduced its FY23 EPS outlook from a previous 4%-6% growth to an approximate 8% decline to flat.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:03 am