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NVRI

Enviri (NVRI) forecasts a significant shift in its financial outlook for FY24, expecting an adjusted earnings per share (EPS) ranging from a loss of $0.00 to $0.25, compared to the previous estimate of a $0.09 gain. For Q1, the company anticipates an adjusted EPS between a loss of $0.05 to $0.13, versus the earlier $0.01 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:11 pm

WES

Citigroup analyst Spiro Dounis downgraded Western Midstream (NYSE:WES) from Buy to Neutral but raised the price target from $30 to $34.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:11 pm

BBWI

Bath & Body Works projects Q1 2024 net sales to fall between $1.33B and $1.368B, missing the $1.38B estimate, with earnings per share expected to be $0.28 to $0.33, below the $0.39 estimate. This represents a 4.5% to 2.0% decline from $1.396B in Q1 2023. The outlook includes around $75 million allocated for share repurchases.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:11 pm

BBWI

Bath & Body Works projects FY24 revenue to be between $7.20B and $7.43B, slightly below the $7.45B estimate, and EPS to range from $3.00 to $3.35, near the $3.34 estimate. The forecast includes a decline of up to 3% from FY23's $7.429B in net sales, partly due to the extra week in FY23. The company plans to spend approximately $300 million on share repurchases.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:08 pm

XMTR

Xometry (NASDAQ:XMTR) reported Q4 adjusted EPS of $(0.01), meeting analyst estimates, and sales of $128.15M, slightly beating the $128.02M estimate. This represents a significant improvement over the previous year, with a 96.55% decrease in losses per share and a 30.50% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:08 pm

AAPL

Apple Inc. announced that a shareholder proposal requesting a report on the use of artificial intelligence (AI) was not approved. The announcement was made in a recent 8-K filing.

Portfolio Pulse from Charles Gross

February 29, 2024 | 12:07 pm

NVRI

Enviri (NYSE:NVRI) reported a Q4 adjusted EPS of $(0.07), meeting analyst estimates, with a significant decrease from last year's $0.01 per share. Quarterly sales reached $529M, surpassing the $490.22M estimate, marking a 12.96% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:07 pm

LEV

Lion Electric Company (LEV) reported a significant increase in vehicle deliveries, totaling 852 vehicles for the current period, up by 333 vehicles from the 519 delivered in fiscal 2022.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:06 pm

HAYW

Hayward Holdings (NYSE:HAYW) reported Q4 adjusted EPS of $0.20, surpassing the $0.18 estimate, and sales of $278.47M, exceeding the $271.92M estimate. This represents an 81.82% increase in earnings and a 7.53% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:06 pm

EVRG

Evergy has reaffirmed its long-term adjusted EPS annual growth target of 4% to 6% through 2026 compared to 2023, indicating confidence in its financial strategy and growth prospects.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:06 pm