Guidance Archives - Page 80 of 637

1 minute read

Why Rent The Runway Shares Are Skyrocketing Today

April 11, 9:17 AM

Rent The Runway shares are surging premarket to $10.51 following mixed Q4 results with better-than-expected sales and adjusted EBITDA, despite missing analyst EPS estimates and a decline in gross profit.

RENT

2 minute read

Constellation Brands Q4 Earnings Beat Estimates As Beer Sales Soar

By Shivani Kumaresan

April 11, 9:08 AM

Constellation Brands outperforms with Q4 FY24 sales surging to $2.14 billion, driven by 11% growth in Beer segment sales. Operating income jumped 35%.

STZ

2 minute read

Why Industrial And Construction Supplies Distributor Fastenal’s Shares Are Down Today

By Lekha Gupta

April 11, 8:41 AM

Fastenal reported 1.9% Y/Y sales growth, missing consensus. Gross margin and EPS declined. Dividend declared. Onsite locations and MEUs grew.

FAST

1 minute read

Lakeland Industries Posts Q4 Earnings Below Street View: Details

By Shivani Kumaresan

April 11, 8:12 AM

Lakeland Industries posts Q4 sales growth but misses estimates. Analysts projected $32.5M, actual sales at $31.2M. One-time charge of $2.7M impacts gross margin.

LAKE

6 minute read

MEI Pharma Aligns On Strategy To Advance Voruciclib And ME-344

By Benzinga Newsdesk

April 11, 8:06 AM

– MEI Pharma Board Unanimously Determines, Based on Clinical Data Results, Not to Proceed with Second Capital Return Under 2023 Anson and Cable Car Cooperation Agreement: Conserving Capital, Prioritizing Measured

MEIP

2 minute read

Why Is Used Vehicle Retailer CarMax Stock Plunging Today?

By Shivani Kumaresan

April 11, 8:05 AM

CarMax shares are trading lower after the company reported a fourth-quarter FY24 sales decline of 1.7% year-on-year to $5.63 billion. The company reiterated its goal to sell more than 2 million combined retail and wholesale units annually. However, the company extended the timeframe to between fiscal year 2026 and fiscal year 2030 due to uncertainty in the timing of market recovery.

KMX

2 minute read

Peabody Provides Preliminary Update, Expects To Report Q1 2024 Revenue Of $980M Vs $1.04B Est

By Benzinga Newsdesk

April 11, 8:01 AM

Peabody (NYSE:BTU) today announced preliminary unaudited financial results for the first quarter of 2024. The company expects to report first quarter revenue of $980 million; income from continuing operations, net of

BTU

1 minute read

Lovesac Co Expects Q1 Net Sales of $126M-$132M Vs $147.53M Est and EPS of $0.84-$1.03 Vs $(0.15) Est, FY25 Net Sales of $700M-$770M Vs $765.38M Est and EPS of $1.06-$1.59 Vs $2.15 Est

By Benzinga Newsdesk

April 11, 7:06 AM

The Company expects the following for the full year of fiscal 2025: Net sales in the range of $700 million to $770 million. Adjusted EBITDA1 in the range of $46 million to $60

LOVE

1 minute read

Lakeland Industries Expects Fiscal 2025 Revenue Of $140M-$150M Vs. $138.9M Consensus; Sees Adjusted EBITDA In Range Of $16.8M-$18.5M

By Benzinga Newsdesk

April 11, 3:14 AM

FY 2025 Guidance and Outlook This initial guidance is based on our current backlog of orders and current expectations. These metrics constitute forward-looking statements and are based on current expectations. For a

LAKE

2 minute read

Why Is European Healthcare Tech Giant Philips Stock Trading Higher On Wednesday?

By Vandana Singh

April 10, 9:47 AM

Philips has finalized an agreement with US authorities and the FDA regarding the recall of Respironics ventilators. Consent decree mandates remediation prioritization and operational focus in the US. Business outlook and financial guidance remain stable.

PHG