Wednesday, March 31, 2021

Acuity Brands Q2 Profit Rises, Tops Estimates - Quick Facts

Industrial technology company Acuity Brands, Inc. (AYI) reported Wednesday that net income for the second quarter increased to $62.9 million or $1.74 per share from $57.2 million or $1.44 per share in the prior-year quarter.

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Tuesday, March 30, 2021

Polarity TE Reports Narrower Net Loss For FY20

Polarity TE Inc. (PTE) Tuesday reported a narrower loss for the full year on revenue growth.

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AngioDynamics Boosts FY21 Outlook - Quick Facts

While reporting financial results for the third quarter on Tuesday, medical devices company AngioDynamics, Inc. (ANGO) raised its adjusted earnings and net sales guidance for the full year 2021.

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McCormick Boosts FY21 Outlook - Quick Facts

While reporting financial results for the first quarter of fiscal 2021 on Tuesday, McCormick & Co., Inc. (MKC) raised its earnings, adjusted earnings and sales growth guidance for the full year 2021.

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Monday, March 29, 2021

Cal-Maine Foods Q3 Earnings Top Estimates, But Sales Miss - Quick Facts

Cal-Maine Foods, Inc. (CALM) reported Monday net income of $13.5 million or $0.28 per share for the third quarter, edging down from $13.7 million or $0.28 per share in the year-ago quarter.

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Thursday, March 25, 2021

Darden Restaurants Guides Q4 Above View; Declares Qtly Dividend - Quick Facts

While reporting financial results for the third quarter on Thursday, Darden Restaurants, Inc. (DRI) provided earnings and sales guidance for the fourth quarter.

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Wednesday, March 24, 2021

E.ON FY20 Net Profit Down, Sees Growth In Earnings Ahead; Plans To Raise Dividend

German electric utility E.ON SE reported Wednesday a sharp drop in fiscal 2020 net profit, while adjusted EBIT and EBITDA, key earnings metrics, climbed with strong growth in sales. The results were primarily benefited by the inclusion of innogy Group for an entire year for the first time. Looking ahead, the company projects higher adjusted results for fiscal 2021.

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Thursday, March 18, 2021

HeidelbergCement Q4 Profit Up, Lifts Dividend; Sees Growth In FY21 Results

HeidelbergCement reported Thursday higher profit in its fourth quarter, despite a decline in revenues. Cement and Aggregates volume increased, while ready-mixed concrete volume were down. Looking ahead, the German building materials company reported good start to the year and confirmed optimistic outlook for 2021. Demand is expected to develop positively in many markets.

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G-III Apparel Guides Q1 EPS Sales Above Estimates - Quick Facts

While reporting financial results for the fourth quarter on Thursday, G-III Apparel Group, Ltd. (GIII) provided earnings and sales guidance for the first quarter of fiscal 2022.

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Accenture Boosts FY21 Outlook; Raises Dividend 10% - Quick Facts

While reporting financial results for the second quarter on Thursday, professional services company Accenture Plc (ACN) raised its earnings and revenue growth outlook for the full-year 2021 and also provided revenue outlook for the third quarter.

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Canadian Solar Guides Q1, FY21 Revenues Above Estimates; Targeting IPO - Quick Facts

While reporting financial results for the fourth quarter and fiscal 2020 on Thursday, Canadian Solar Inc. (CSIQ) initiated revenue and module shipments outlook for the full-year 2021 and provided guidance also for the first quarter of fiscal 2021.

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Wednesday, March 17, 2021

BMW Stock Up On Strong FY21 Profit View; Despite Weak FY20 Results

Shares of BMW AG were gaining around 5 percent in German trading after the automotive giant on Wednesday said it sees significantly higher profit before tax in its fiscal 2021 following recovery in market, despite reporting weak results in its fiscal 2020. Further, the company expects to have one million vehicles powered by either all-electric or plug-in hybrid drivetrains.

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Progressive Corp. February Profit Soars - Quick Facts

Insurer Progressive Corp. (PGR) reported that February net income soared to $354.6 million or $0.60 per share from $67.1 million or $0.11 per share in the prior-year month.

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Tuesday, March 16, 2021

Volkswagen Stock Up On Strong Q4 Results, Profit View

Shares of Volkswagen AG were gaining around 7 percent in German trading after the automaker reported Tuesday a surge in its fourth-quarter profit with higher sales revenue. Meanwhile, fiscal 2020 earnings and vehicles sales were weak amid the coronavirus pandemic. Looking ahead for fiscal 2021, the company expects its business to recover significantly compared with the previous year.

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Thursday, March 11, 2021

K+S Stock Up On Higher FY21 Earnings View, Despite Weak Q4 Results

Shares of K+S AG were gaining around 5 percent in German trade after the supplier of mineral products Thursday said it sees significantly higher EBITDA in fiscal 2021 with improved demand and slightly higher prices. This was despite reporting wider loss and weak sales in the fourth quarter.

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Myers Industries Guides FY21 Below Estimates- Quick Facts

While reporting financial results for the fourth quarter on Thursday, polymer products maker Myers Industries, Inc. (MYE) initiated its earnings, adjusted earnings and revenue growth guidance for the full year 2021.

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Wednesday, March 10, 2021

Adidas Q4 Profit Down, Sees Growth Ahead; Stock Up

Shares of Adidas AG were gaining around 5 percent in the German trade after the sportswear maker Wednesday said it expects higher profit and sales in fiscal 2021 after reporting currency neutral sales growth in the fourth quarter. Meanwhile, profit and reported sales fell in the final quarter. Further, the company is targeting sales growth of as much as 10 percent annually...

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Tuesday, March 9, 2021

DICK'S Sporting Guides FY21 In Line With Estimates; Boosts Dividend 16% - Quick Facts

While reporting financial results for the fourth quarter on Tuesday, sporting goods retailer DICK'S Sporting Goods Inc. (DKS) initiated its earnings, net sales and consolidated same store sales guidance for the full-year 2021. For the fourth quarter, consolidated same store sales increased 19.3 percent.

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Daqo New Energy Guides Q1 Polysilicon Production, Sales; FY21 Polysilicon Production - Quick Fact

While reporting financial results for the fourth quarter on Tuesday, Daqo New Energy Corp. (DQ), a manufacturer of high-purity polysilicon for the global solar PV industry, initiated polysilicon production and sales guidance for the first quarter and full-year 2021 polysilicon production guidance.

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Friday, March 5, 2021

Superior Industries Guides FY21 Net Sales In Line With Estimates - Quick Facts

While reporting financial results for the fourth quarter on Friday, aluminum wheel supplier Superior Industries International, Inc. (SUP) initiated its net sales and unit shipments guidance for the full-year 2021, based on an outlook for industry production and Superior's portfolio.

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Hibbett Guides FY22 EPS In Line With Estimates - Quick Facts

While reporting financial results for the fourth quarter and full-year 2021 on Friday, athletic-inspired fashion retailer Hibbett Sports Inc. (HIBB) reported comparable store sales for the fourth quarter increased 21.9 percent.

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Thursday, March 4, 2021

Stock Alert: Schrödinger Slips 25%

Shares of Schrödinger, Inc. (SDGR) are losing nearly 25% on Thursday morning after the company reported fourth-quarter results.

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Kroger Q4 Adj. EPS Tops Estimates, But Revenue Miss

Supermarket chain Kroger Co. on Thursday reported that it posted a loss for the fourth quarter compared to a profit last year, hurt by pension plan withdrawal liabilities. Adjusted earnings per share topped analysts' estimates, while quarterly revenues missed it. However, the company initiated adjusted earning guidance for the full-year 2021, well above analysts' estimates.

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Merck KGaA FY20 Profit Up, Lifts Dividend; Sees Organic Growth In FY21

German drug major Merck KgaA reported Thursday significantly higher profit in its fiscal 2020 with strong sales growth in Life Science and Electronics business sectors. The company also announced a higher dividend. Looking ahead for fiscal 2021, Merck expects to deliver strong organic net sales growth, driven mainly by the Healthcare and Life Science business sectors.

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BJ's Wholesale Club Q4 Results Top Estimates - Quick Facts

BJ's Wholesale Club Holdings Inc. (BJ) announced Thursday that net income for the fourth quarter soared to $95.88 million or $0.69 per share from $41.76 million or $0.30 per share in the prior-year quarter.

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Wednesday, March 3, 2021

Dollar Tree, Wendy's Q4 Revenues Miss Estimates

Dollar Tree Inc. (DLTR) Wednesday reported a profit for the fourth-quarter that climbed 309 percent from last year, while Wendy's Co. (WEN) posted a profit that grew about 46.0 percent from the prior year. Dollar Tree has increased its share repurchase authorization by $2.0 billion. Wendy's expects profit for fiscal year 2021 to be below analysts' expectations.

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Patterson Cos. Q4 Results Top Estimates - Quick Facts

Patterson Cos. Inc. (PDCO) reported Wednesday that third-quarter net income attributable to the company more than doubled to $48.76 million or $0.50 per share from $23.23 million or $0.24 per share in the prior-year quarter.

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Stellantis Stock Up On Proposed Dividend, Improved FY21 Margin View

Carmaker Stellantis N.V., created with the merger of Fiat Chrysler Automobiles N.V. and France's Peugeot S.A., on Wednesday announced individual fiscal 2020 results for both the companies. FCA and PSA recorded sharply lower profit and revenues in the year. However, FCA 's fourth quarter adjusted operating margin improved from last year. Stellantis also announced a dividend as agreed on the merger

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Tuesday, March 2, 2021

AutoZone Q2 Results Top Estimates - Quick Facts

Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the second quarter increased to $345.95 million or $14.93 per share from $299.28 million or $12.39 per share in the year-ago quarter.

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Sea Limited Guides FY21 Revenue - Quick Facts

While reporting its financial results for the fourth quarter on Tuesday, consumer Internet company Sea Ltd. (SE) initiated its revenue guidance for both digital entertainment and e-commerce for the full-year 2021.

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Monday, March 1, 2021

HNI Corp. Q4 Profit More Than Halves, But Tops Estimates - Quick Facts

HNI Corp. (HNI) reported Monday that net income attributable to the company for the fourth quarter more than halved to $22.57 million or $0.52 per share from $47.60 million or $1.10 per share in the year-ago quarter.

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