Guidance Archives - Page 112 of 637

1 minute read

Transportation & Logistics Giant XPO Stock Hits 52-Week High – Sign Of A Healthy Economy?

February 7, 1:56 PM

XPO reported Q4 revenue growth of 6% YoY to $1.94B, beating consensus. Adjusted EPS was $0.77. North American LTL segment had increase in tonnage and yield. European segment saw decline in operating income. XPO expects capex of $700M-$800M, interest expense of $240M-$260M, and adjusted tax rate of 23%-25%.

XPO

2 minute read

Why Electronic Equipment Company CDW Shares Are Up Today

By Lekha Gupta

February 7, 1:31 PM

CDW experiences stock surge post-Q4 FY23 results, though net sales dip to $5.02 billion, missing estimates. However, the company boasts an expanded gross margin of 23.0% and beats consensus with non-GAAP EPS of $2.57. CEO Christine A. Leahy expresses confidence in the company's trajectory, aiming to outpace US IT market growth by 200 to 300 basis points in 2024. Despite segment declines, CDW remains committed to customer-centric strategies and technology evolution.

CDW

1 minute read

Silicon Labs Sales Dip In Q4 But Eyes Turnaround in Q1, Stock Soars

By Anusuya Lahiri

February 7, 12:57 PM

Silicon Labs (NASDAQ: SLAB) reported Q4 sales of $86.85M, beating consensus of $85.21M. Adjusted EPS loss of $(1.19) beat consensus of $(1.43). Q1 outlook: Revenue $100M-$110M, EPS loss $(0.92)-$(1.04).

SLAB

1 minute read

Madison Square Garden Q2 Earnings Beats Estimates On Higher Concerts, Live Entertainment & Sporting Events

By Nabaparna Bhattacharya

February 7, 12:53 PM

Madison Square Garden Entertainment beats Q2 earnings estimates with a 13% revenue increase, driven by higher event-related revenues and raises fiscal 2024 guidance.

MSGE

2 minute read

Why Aerospace Company Triumph Shares Are Tumbling Today

By Lekha Gupta

February 7, 12:43 PM

Triumph Group Inc (NYSE: TGI) disappoints investors with below-consensus Q3 results, citing sales of $285.0 million and an adjusted EPS loss of $(0.16). The company's downwardly revised FY24 outlook, with net sales guidance lowered to $1.17 billion-$1.20 billion, reflects challenges and strategic adjustments post-divestiture.

AIR

1 minute read

Why Is Hain Celestial Stock Slumping Today?

By Nabaparna Bhattacharya

February 7, 12:32 PM

Hain Celestial Group (NASDAQ: HAIN) reports flat Q2 sales, citing challenges in organic formula supply, leading to lowered FY24 guidance and a stock decline.

HAIN

2 minute read

Hilton Hits High Notes In Q4 With Solid Room Growth; Unveils Luxury Hotel Integrations

By Akanksha Bakshi

February 7, 12:19 PM

Hilton Worldwide Holdings reported 6.8% sales growth in Q4, with higher franchise fees but lower owned hotel revenue. Adjusted EBITDA up 8.5%.

HLT

2 minute read

CVS Health’s Q4 Earnings Relieve Investor Concerns But Lowers 2024 Profit Guidance Citing Elevated Medical Cost Trends

By Vandana Singh

February 7, 11:58 AM

CVS Health beats Q4 expectations with $2.12 adjusted EPS, allays concerns over healthcare costs. Sales rise 11.9% to $93.81 billion.

CVS

2 minute read

Why Emerson Electric Shares Are Higher Today

By Lekha Gupta

February 7, 11:58 AM

Emerson Electric impresses investors with a 22% year-over-year surge in first-quarter FY24 net sales, topping expectations at $4.12 billion. The company's performance, marked by a 56% increase in adjusted EPS to $1.22, reflects solid operational gains and enhanced profitability.

EMR

2 minute read

Dayforce Sees Q1 Revenue $424M-$427M Vs $427.81M Est.; FY24 Revenue $1.72B-$1.73B Vs $1.74B Est.

By Benzinga Newsdesk

February 7, 11:19 AM

Business OutlookBased on information available as of February 7, 2024, Dayforce is issuing the following guidance for the first quarter and full year of 2024 as indicated below. Comparisons are on a year-over-year basis,

DAY