AbbVie Analysts Boost Their Forecasts Following Strong Earnings
AbbVie Inc (NYSE: ABBV) reported better-than-expected fourth-quarter earnings on Friday.
Sprinklr Appoints Scott Harvey As Chief Customer Officer And Reaffirms Financial Guidance For Q4 And FY24
Mr. Harvey will lead a unified global customer organization, including all sales and services teams, to accelerate go-to-market efficiencies and better serve customers.Chief Revenue Officer Paul Ohls will support Mr.
ON Semiconductor Corp Expects Q1 Revenue of $1.8B-$1.9B Vs $1.92B Est, Adj EPS of $0.98-$1.10 Vs $1.10 Est
FIRST QUARTER 2024 OUTLOOK
The following table outlines onsemi's projected first quarter of 2024 GAAP and
Tyson Foods Expects FY24 Revenue To Be Flat Y/Y, Adj. Operating Income $1.0B-$1.5B
Total Company
We anticipate total company adjusted operating income of $1.0 billion to $1.5 billion for fiscal 2024.
Revenue
We expect sales to be relatively flat in fiscal 2024 as compared to fiscal 2023.
Capital
Graham Corp Expects FY24 Net Sales $175M-$185M (Prior $170M-$180M) Vs $176.6M Est
Fiscal 2024 Outlook Increased
The Company increased guidance for fiscal 2024 as follows:
(as of February 5, 2024)
Updated Fiscal
Mitsubishi Electric Reaffirms Its FY24 Outlook, Sees Revenue Of ¥5.20T, And Net Profit Attributable To Stockholders Of ¥260B
Current consolidated forecast for fiscal 2024
Revenue:
5,200.0
billion yen
(4% increase year-on-year)
Operating
Why Is DNA Synthesis Company Twist Bioscience Stock Trading Higher Today?
Twist Bioscience reported Q1 2024 earnings, beating revenue guidance and increasing FY24 guidance. Shares are up 7.16%.
Industrial Supply Company W.W. Grainger Shares Are Higher After Reporting Q4 Earnings
W.W. Grainger's Q4 FY23 results beat expectations, reporting sales of $3.997 billion, a 5.1% YoY increase. Despite a slight miss on consensus, the company's adjusted EPS of $8.33 exceeded expectations. Grainger's upbeat performance, with an 11.5% YoY rise in adjusted operating profit, sets the stage for robust FY24 growth, projecting net sales between $17.2 billion and $17.7 billion, boosting GWW shares by 4.08% to $960.26.
Why Piper Sandler Shares Are Trading Higher Today
Piper Sandler sees a surge in shares as it surpasses Q4 expectations with $471.85 million in sales and $4.03 adjusted EPS. The company declared a special cash dividend of $1.00 per share and a quarterly cash dividend of $0.60 per share.
Why Norton Parent Gen Digital Shares Are Plummeting Today
Gen Digital shares fell after reporting lower-than-expected Q3 FY24 financial results, with revenue and EPS missing consensus. The company also declared a quarterly dividend and revised its full-year outlook.