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EYE

National Vision Holdings has updated its fiscal 2024 outlook, lowering its net revenue and adjusted EPS estimates. The company now expects net revenue of $1.820B-$1.840B, down from the prior $1.825B-$1.865B, and adjusted EPS of $0.45-$0.50, down from $0.50-$0.65. These adjustments reflect macro-economic factors, including inflation, geopolitical instability, and risks of recession.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:09 am

TBLA

Taboola.com (NASDAQ:TBLA) reported Q2 2024 adjusted EPS of $(0.01), missing the undefined analyst estimate. Sales were $428.20M, slightly below the $428.67M estimate but up 28.97% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:09 am

DDL

Dingdong (Cayman) (NYSE:DDL) reported Q2 sales of $770.442 million, missing the analyst consensus estimate of $5.476 billion by 85.93%. Despite the miss, sales increased by 15.41% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:08 am

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) reported its fiscal fourth-quarter results, showing a significant year-over-year revenue increase but missing earnings estimates due to margin contraction. The company announced a 10-for-1 stock split and provided an optimistic sales outlook for the next fiscal year. Despite the positive sales guidance, the stock plummeted over 12% in premarket trading.

Portfolio Pulse from Shanthi Rexaline

August 07, 2024 | 10:08 am

OGI

Organigram Holdings has announced preliminary results from its clinical pharmacokinetic study on its new Nanoemulsion Technology, conducted through a product development collaboration.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:08 am

HLT

Hilton shares are trading lower following soft guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:07 am

HLT

Hilton has provided its financial outlook for FY24 and Q3. The company expects FY24 adjusted EPS to be between $6.93 and $7.03, which is below the estimated $7.11. For Q3, Hilton anticipates adjusted EPS to be between $1.80 and $1.85, also below the estimated $1.90.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:06 am

OSCR

Oscar Health has announced that it is well-positioned to achieve its target for adjusted EBITDA profitability this year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:06 am

LPX

Louisiana-Pacific (LPX) has provided financial guidance for Q3 2024 and full year 2024. The company expects Q3 siding net sales growth of 16-18% and adjusted EBITDA of $105M-$125M. For 2024, it forecasts siding net sales growth of 14-16%, up from prior guidance of 11-13%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:06 am

ENOV

Enovis has updated its 2024 revenue expectations to a range of $2.08 billion to $2.13 billion, compared to prior expectations of $2.06 billion to $2.16 billion and a consensus estimate of $2.119 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:05 am