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HBI

HanesBrands forecasts FY24 net sales from continuing operations to be between $5.35B and $5.47B, which is below the estimated $5.578B. The company also expects adjusted EPS from continuing operations to range from $0.42 to $0.48, aligning with the lower end of the estimated $0.48.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:07 pm

KNF

Knife River Holding (NYSE:KNF) reported Q4 2023 earnings of $0.36 per share, surpassing the $0.19 estimate, with sales of $646.90M also beating the $563.21M estimate. This represents a 20.35% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:07 pm

SLVM

Sylvamo (NYSE:SLVM) reported Q4 2023 adjusted EPS of $1.16, surpassing the $0.84 estimate, with sales of $964M also beating the $903.72M estimate, marking a 3.99% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:05 pm

APPN

Appian (NASDAQ:APPN) reported Q4 2023 adjusted EPS of $0.06, surpassing the $(0.24) estimate, with sales of $145.30M exceeding the $140.92M forecast. This represents a 15.51% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:04 pm

UBER

Uber Technologies Inc (NYSE:UBER) saw its shares jump 14.7% to close at $79.15 following its investor day, where the company's three-year outlook exceeded analyst expectations. Wedbush analysts have raised their price target for Uber from $78 to $85, maintaining an 'outperform' rating. The company anticipates mid-to-high teens CAGR growth in gross bookings and over 90% annual free cash flow generation for the next three years. A $7 billion share buyback program was also announced, highlighting Uber's strong market position and consistent performance.

Portfolio Pulse from Anan Ashraf

February 15, 2024 | 12:03 pm

WEN

Wendy's reported Q4 2023 earnings with an adjusted EPS of $0.21, missing the $0.23 estimate, and sales of $540.65M, missing the $546.54M estimate. This represents a 0.77% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:03 pm

ULBI

Ultralife Corporation (NASDAQ:ULBI) reported Q4 adjusted earnings of $0.18 per share, surpassing the $0.09 estimate, marking a significant turnaround from last year's losses. Sales reached $44.55M, exceeding the $39.00M forecast and showing a 23.38% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:03 pm

HBI

Hanesbrands (NYSE:HBI) reported Q4 adjusted earnings per share from continuing operations of $0.03, missing the consensus estimate of $0.09 by 66.67%. Quarterly sales were $1.30 billion, missing the estimate of $1.36 billion by 4.71%. This represents a 57.14% decrease in earnings and a 12.02% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:03 pm

CROX

Crocs Inc. (NASDAQ:CROX) reported Q4 2023 adjusted EPS of $2.58, surpassing the $2.37 estimate, and sales of $960M, slightly above the $958.22M estimate. This represents a 1.57% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:02 pm

ALKS

Alkermes reported Q4 adjusted EPS of $0.48, missing the $0.51 estimate, but its sales of $377.48M exceeded the $362.02M estimate. This represents a 20% increase in earnings and a 23.89% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 12:02 pm