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Intuitive Machines Stock Lifts Off After The Bell: What’s Going On?

NASA has awarded Intuitive Machines $30 million as a prime contractor to complete a Lunar Terrain Vehicle Services Feasibility Assessment. Under the contract, Intuitive Machines will focus on creating a feasibility roadmap to develop and deploy a Lunar Terrain Vehicle on the moon using the company's Nova-D cargo-class lunar lander.

LUNR

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Levi Strauss & Co Reports Better-Than-Expected Q1 Results, Raises FY24 Guidance

The company reported quarterly earnings of 26 cents per share which beat the analyst consensus estimate of 21 cents by 23.81%. Quarterly sales came in at $1.558 billion which beat the analyst consensus estimate of $1.547 billion and is a 7.76% decrease over sales of $1.689 billion the same period last year. Levi Strauss reported total inventories decreased 14% on a dollar basis as of Feb. 25, and direct-to-consumer net revenues increased 7% on a reported basis.

LEVI

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Dave & Buster’s Reports Q4 Results: EPS Misses, Revenue Misses

Dave & Buster's reported quarterly earnings of $1.03 per share which missed the analyst consensus estimate of $1.10 by 6.36%. Quarterly sales came in at $599.1 million, just under the analyst consensus estimate of $602.609 million. Dave & Buster's reported pro forma combined comparable store sales (including Main Event branded stores) decreased 7% year-over-year and increased 8% when compared to the same period in 2019. The company repurchased 8.5 million shares totaling $300 million and representing 17.5% of outstanding shares during fiscal 2023.

PLAY