Streetbeat News

Earnings

FORTY

Formula Sys (1985) reported Q1 earnings of $1.01 per share, a 3.81% decrease YoY, and sales of $670.40M, a 1.95% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 11:25 am

DAVA

Endava reported Q3 adjusted earnings of $0.71 per share, beating the analyst consensus estimate of $0.66 by 7.58%. Sales were $247.17 million, inline with estimates, and an 8.83% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 11:24 am

INTU

Intuit Inc. (NASDAQ: INTU) is expected to report higher Q3 earnings of $8.48 per share, up from $7.65 last year, with revenues of $6.1 billion. The company's shares closed at $454.11 on Monday. Several analysts have recently updated their price targets for the stock.

Portfolio Pulse from Lisa Levin

May 23, 2023 | 11:20 am

LOW

Lowe's Companies reported a 5.5% YoY decline in Q1 FY23 sales to $22.35 billion, beating estimates. The decline was driven by lumber deflation, unfavorable weather, and lower DIY discretionary sales. The company cut its FY23 revenue and EPS outlook due to low consumer demand and lumber deflation.

Portfolio Pulse from Shivani Kumaresan

May 23, 2023 | 11:15 am

DKS

DICK'S Sporting Goods reaffirms its FY23 outlook, expecting full-year earnings per diluted share to be in the range of $12.90 to $13.80, including approximately $0.20 for the 53rd week, and comparable store sales to be in the range of flat to positive 2.0%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 11:02 am

DKS

Dick's Sporting Goods reported Q1 earnings of $3.40 per share, beating the analyst consensus estimate of $3.18 by 6.92%. Quarterly sales were $2.84 billion, surpassing the estimate of $2.80 billion by 1.50%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 11:02 am

AZO

AutoZone reported Q3 earnings of $34.12 per share, beating the analyst consensus estimate of $31.42 by 8.59%. However, quarterly sales of $4.09 billion missed the estimate of $4.12 billion by 0.73%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:57 am

CTRN

Citi Trends (NASDAQ:CTRN) reported Q1 earnings with an EPS of $-0.66, missing estimates by 120.0%. Revenue was down $28.53 million from the same period last year.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 10:55 am

CTRN

Citi Trends has updated its FY23 sales outlook, revising the expected decline from low double digits to mid-teens to a more moderate mid single-digits to low single-digits decline.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:50 am