Streetbeat News

Revenues

KTB

Kontoor Brands (KTB) provided its FY24 financial outlook, projecting revenue between $2.57B and $2.63B, below the $2.72B estimate. Adjusted EPS is expected to be $4.65 to $4.75, under the $5.12 estimate. The company anticipates adjusted gross margin expansion and a 7% to 10% increase in adjusted operating income, with cash from operations expected to exceed $325M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:54 am

OSW

OneSpaWorld Holdings projects its FY24 total revenues to be between $850M-$870M, compared to the estimated $862.71M. For Q1, the company anticipates sales ranging from $204M-$209M, against an estimate of $204.73M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:53 am

WRBY

Warby Parker projects its FY24 net revenue to be between $748M-$758M, which is around the analyst estimate of $751.28M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:51 am

DQ

Daqo New Energy (NYSE:DQ) reported Q4 adjusted EPS of $0.94, surpassing the $0.84 estimate, but its sales of $477.13M fell short of the $529.40M estimate. This represents a significant decrease in both earnings and sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:47 am

VTRS

Viatris projects its fiscal year 2024 revenues to be between $15.25 billion and $15.75 billion, surpassing the consensus estimate of $15.19 billion.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:35 am

PRKS

United Parks & Resorts reported a Q4 total revenue of $389M, marking a slight decrease of 0.4% YoY. However, attendance saw an increase, with 5M guests attending, up 23,000 from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:35 am

HCM

HUTCHMED (China) reported a significant improvement in its financial performance for the fiscal year, with EPS rising to $0.58 from a loss of $(2.13) YoY. Sales also saw a substantial increase, reaching $838.00M, up from $426.41M YoY.

Portfolio Pulse from saritha@benzinga.com

February 28, 2024 | 11:32 am

TBLA

Taboola has projected its Q1 revenue to be between $387M and $413M, surpassing the estimated $375.84M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:28 am

SQSP

Squarespace provided its Q1 revenue forecast to be between $274M-$277M, surpassing the estimated $271.84M. Additionally, the company projects its FY24 revenue to range from $1.170B to $1.190B, aligning with the $1.17B estimate.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:25 am

LFST

LifeStance Health Group, Inc. (LFST) forecasts Q1 FY2024 revenues to be between $287M-$307M, compared to the consensus estimate of $298.41M. The company also expects center margin to range from $81M-$93M and adjusted EBITDA to be between $17M-$23M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:16 am