Guidance Archives - Page 21 of 637

1 minute read

Wix.Com 2024 Outlook, Raised: Now Expects Total Bookings Of $1.796B-$1.826B (Prior $1.78B-$1.81B) And Revenue Of $1.738B-$1.761B (Prior $1.725B-$1.757B) Vs. $1.75B Consensus

May 20, 1:12 AM

Given Q1 outperformance along with continued robust cohort behavior and strong business trends, we are increasing full year bookings outlook to $1,796 - $1,826 million,

WIX

1 minute read

Why Is RBC Bearings Stock Trading Higher Today?

By Lekha Gupta

May 17, 9:51 AM

RBC Bearings reported Q4 results with net sales up 4.9%, gross margin and EBITDA margin expanding. Backlog at $726.1M. Adjusted EPS beat estimates.

AIRR

1 minute read

Bitcoin Stock Canaan Up After Q1 Print, What’s Going On?

By Anusuya Lahiri

May 17, 9:39 AM

Canaan reported Q1 2024 revenue decline of 36.5%,but beat analyst estimate. Earnings per ADS loss of $(0.16) also beat estimate. Canaan holds $54.7M in cash, and its Bitcoin holdings reach 1,057. Q2 2024 revenue expected to be $70M, and Q3 expected to be $70M. CAN stock has plunged 55% in last 12 months.

CAN

1 minute read

Chinese Hotel Management Firm H World Says Near-Term Revenue Per Available Room Performance Might See Some Fluctuations – Here’s Why

By Shivani Kumaresan

May 17, 8:50 AM

H World Group reported Q1 FY24 sales growth of 17.8% YoY to RMB5.3 billion ($731 million), surpassing the $711.50 million consensus estimate. The Legacy-Huazhu segment saw an 18.1% increase to RMB4.2 billion, while Legacy-DH grew 16.6% to RMB1 billion. Occupancy rates improved across both segments, with a blended RevPAR increase for Legacy-Huazhu and Legacy-DH hotels.

HTHT

2 minute read

Deere Reports Mixed Q2 Results, Slashes 2024 Net Income Outlook

By Akanksha Bakshi

May 16, 8:59 AM

Deere reported lower sales and revenue, with declining demand in agriculture and construction sectors. Net income outlook lowered.

2 minute read

Why Is Sportswear Company Under Armour Stock Tanking Today?

By Shivani Kumaresan

May 16, 8:40 AM

Under Armour shares are plunging following the company's gloomy guidance. In Q4 FY24, sales declined 4.9% to $1.33 billion, meeting estimates. Wholesale revenue dropped 7%, and direct-to-consumer revenue remained flat. Despite a gross margin expansion of 170 basis points to 45%, the company reported an operating loss of $3.5 million. FY25 revenue is projected to decline at a low-double-digit percentage rate.

2 minute read

Walmar’s Q1 Earnings: Revenue and EPS Beat, More Members And High-Income Households, Raised Outlook

By Vandana Singh

May 16, 7:45 AM

Walmart shares surge as Q1 2025 results surpass expectations with a 6% revenue increase to $161.51 billion and adjusted EPS of $0.60.

WMT

3 minute read

Unusual Machines Issues Letter To Shareholders

By Benzinga Newsdesk

May 15, 4:11 PM

Dear Shareholders,We are excited to present our first shareholder letter following our recent IPO. This marks a milestone in our journey and we are incredibly grateful for your support and confidence in Unusual Machines.

UMAC

1 minute read

Dynatrace CEO Highlights 7-Figure Deals As Q4 Earnings Exceed Expectations, Plans $500M Stock Buyback

By Anusuya Lahiri

May 15, 11:11 AM

Dynatrace reported 21% revenue growth in Q4, beating analyst estimates. Adjusted EPS of $0.30 also beat estimates. Company announces $500M buyback program.

1 minute read

Dole’s Q1 Bottom-Line Beats Street View, Thanks To Higher Banana, Pineapple Volumes

By Shivani Kumaresan

May 15, 10:58 AM

Dole PLC reported a 6.6% increase in Q1 FY24 sales to $2.12 billion, matching analyst estimates. The growth was driven by strong operations and favorable currency impacts. Gross profit rose 8.7% to $194.7 million, while operating income surged over 100% to $71.5 million. Adjusted EPS of $0.43 exceeded the $0.31 estimate. The company also declared a $0.08 per share dividend.

DOLE