Streetbeat News

Earnings

CHWY

Chewy, Inc. reported strong Q1 results with revenue increasing 14.7% YoY to $2.78 billion, beating consensus estimates of $2.73 billion. Non-GAAP quarterly earnings were 20 cents per share, and gross margin was 28.4%. Net sales per active customer and Autoship customer sales reached new record highs.

Portfolio Pulse from Adam Eckert

May 31, 2023 | 8:44 pm

NGL

NGL Energy Partners anticipates a consolidated adjusted EBITDA of $645 million or more for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:41 pm

NGL

NGL Energy Partners (NYSE:NGL) reported Q4 earnings with an EPS of $-0.51, missing estimates by 440.0%. Revenue was down $485 million from the same period last year.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:40 pm

AAL

American Airlines CEO announced that the company anticipates record levels of revenue in Q2. This positive outlook is expected to boost investor confidence in the airline.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:39 pm

NGL

NGL Energy Partners reported Q4 losses of $(0.51) per unit, an 18.6% decrease from last year, and sales of $2.05 billion, missing the $2.32 billion estimate by 11.72%.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:39 pm

ESOA

Energy Servs of America (NASDAQ:ESOA) reported Q2 losses of $(0.11) per share, missing the analyst consensus estimate of $0.06 by 283.33%. Sales reached $53.67M, beating the estimate of $44.44M by 20.78%.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:38 pm

JWN

Nordstrom reported Q1 revenue of $3.18 billion, down 11.6% YoY but beating the consensus estimate of $3.12 billion. Adjusted EPS was 7 cents, surpassing the estimated loss of 8 cents per share. The company reaffirmed its full-year guidance and ended the quarter with $1.4 billion in liquidity.

Portfolio Pulse from Chris Katje

May 31, 2023 | 8:37 pm

BNED

Barnes & Noble Education (BNED) announced that its financial performance for FY23 did not meet the company's expectations.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:37 pm

SOL

Emeren Group (NYSE:SOL) reported Q1 earnings with an EPS of $0.0, missing estimates by 100.0%. Revenue was up $9.36 million YoY. The company has a history of missing EPS estimates, which previously led to a 2.15% drop in share price.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:35 pm

VSCO

Victoria's Secret (NYSE:VSCO) reported Q1 earnings with an EPS of $0.28, missing estimates by 48.15%. Revenue was down $77 million from the same period last year.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:31 pm