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ALC

Alcon projects its 2024 core diluted EPS to be between $3.00 and $3.10, compared to the estimated $3.04, and forecasts net sales to range from $9.9 billion to $10.1 billion, versus the estimated $9.95 billion.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:55 pm

ALC

Alcon (NYSE:ALC) reported Q4 2023 adjusted EPS of $0.70, surpassing the $0.67 estimate, but its sales of $2.33B fell short of the $2.34B estimate, marking an 8.21% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:54 pm

VWE

Vintage Wine Estates (VWE) has received a notification from Nasdaq due to a delay in filing its quarterly report. This notification is a procedural step by Nasdaq in response to the company's failure to meet the filing deadline for its financial report.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:53 pm

NTR

Nutrien has received approval from the Toronto Stock Exchange (TSX) for a renewed share repurchase program, allowing the company to buy back shares. This move is part of Nutrien's strategy to return value to its shareholders and potentially increase the stock's value by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:51 pm

SP

SP Plus (NASDAQ:SP) reported Q4 2023 adjusted EPS of $0.60, missing the $0.85 estimate, and sales of $217.20M, below the $228.00M estimate. This represents a 5.23% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:50 pm

CPNG

Coupang, Inc. (NYSE:CPNG) reported Q4 results surpassing expectations with adjusted earnings of 8 cents per share against an estimate of 6 cents, and sales of $6.6 billion against an estimate of $6.44 billion. The company saw a 23.9% year-over-year sales increase and significant growth in its Product Commerce and Developing Offerings segments. CEO Bom Kim highlighted the growth in revenues, active customers, and WOW members, attributing it to the company's focus on customer satisfaction and value, especially through the WOW membership program.

Portfolio Pulse from Erica Kollmann

February 27, 2024 | 10:49 pm

MTUS

Metallus reported that its Q1 shipments are expected to be slightly lower than those in Q4 2023. This indicates a potential short-term decrease in operational output or sales.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:48 pm

OVV

Ovintiv (NYSE:OVV) reported Q4 2023 adjusted EPS of $2.35, surpassing the $1.95 estimate, and sales of $3.17B, exceeding the $2.72B estimate. This represents a 158.24% increase in EPS and a slight 1.43% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:48 pm

WMK

Weis Markets reported a decrease in both earnings per share (EPS) and sales for Q4, with EPS dropping to $0.76 from $1.07 year-over-year (YoY) and sales decreasing to $1.21 billion from $1.31 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:47 pm

CJJD

China Jo-Jo Drugstores announced a 1-for-20 reverse stock split, effective immediately. This action is typically taken to increase the market price of a company's shares, making them more appealing to investors and potentially in compliance with stock exchange listing requirements.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:41 pm