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Target: Fiscal Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 13:38:19 GMT

MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Target Corp. (TGT) on Wednesday reported fiscal first-quarter profit of $950 million.On a per-share basis, the Minneapolis-based company said it had profit of $2.05.The results topped Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share.The retailer posted revenue of $25.32 billion in the period, which did not meet Street forecasts. Thirteen analysts surveyed by Zacks expected $25.34 billion.For the current quarter ending in July, Target expects its per-share earnings to range from $1.30 to $1.70.The company expects full-year earnings in the range of $7.75 to $8.75 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGT at https://www.zacks.com/ap/TGTSource

Agilysys: Fiscal Q4 Earnings Snapshot

Published Tue, 05 Nov 2024 13:38:19 GMT

ALPHARETTA, Ga. (AP) — ALPHARETTA, Ga. (AP) — Agilysys Inc. (AGYS) on Tuesday reported fiscal fourth-quarter net income of $4.1 million.On a per-share basis, the Alpharetta, Georgia-based company said it had profit of 14 cents. Earnings, adjusted for non-recurring costs, came to 26 cents per share.The software provider for the lodging and leisure sectors posted revenue of $52.9 million in the period.For the year, the company reported profit of $14.6 million, or 49 cents per share. Revenue was reported as $198.1 million.Agilysys expects full-year revenue in the range of $230 million to $235 million.Agilysys shares have fallen nearly 2% since the beginning of the year. The stock has more than doubled in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGYS at https://www.zacks.com/ap/AGYSSource

Container Store: Fiscal Q4 Earnings Snapshot

Published Tue, 05 Nov 2024 13:38:19 GMT

COPPELL, Texas (AP) — COPPELL, Texas (AP) — The Container Store Group Inc. (TCS) on Tuesday reported a loss of $189.3 million in its fiscal fourth quarter.The Coppell, Texas-based company said it had a loss of $3.85 per share. Earnings, adjusted for one-time gains and costs, were 18 cents per share.The storage products retailer posted revenue of $259.7 million in the period.For the year, the company reported a loss of $158.9 million, or $3.21 per share. Revenue was reported as $1.05 billion.For the current quarter ending in June, Container Store expects its results to range from a loss of 16 cents per share to a loss of 10 cents per share.The company said it expects revenue in the range of $200 million to $210 million for the fiscal first quarter.Container Store expects full-year earnings in the range of 21 cents to 31 cents per share, with revenue ranging from $885 million to $900 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using ...

ClearOne: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 13:38:19 GMT

SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — ClearOne Inc. (CLRO) on Tuesday reported a loss of $832,000 in its first quarter.The Salt Lake City-based company said it had a loss of 3 cents per share. Losses, adjusted for one-time gains and costs, were 9 cents per share.The provider of videoconferencing products posted revenue of $4.2 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLRO at https://www.zacks.com/ap/CLROSource

Triumph Group: Fiscal Q4 Earnings Snapshot

Published Tue, 05 Nov 2024 13:38:19 GMT

BERWYN, Pa. (AP) — BERWYN, Pa. (AP) — Triumph Group Inc. (TGI) on Wednesday reported a loss of $17.5 million in its fiscal fourth quarter.On a per-share basis, the Berwyn, Pennsylvania-based company said it had a loss of 27 cents. Earnings, adjusted to extinguish debt and for non-recurring costs, came to 39 cents per share.The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.The aircraft supplier posted revenue of $393.3 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $347 million.For the year, the company reported profit of $89.6 million, or $1.20 per share. Revenue was reported as $1.38 billion.Triumph Group expects full-year revenue in the range of $1.39 billion to $1.43 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stoc...

Nextgen Healthcare: Fiscal Q4 Earnings Snapshot

Published Tue, 05 Nov 2024 13:38:19 GMT

ATLANTA (AP) — ATLANTA (AP) — Nextgen Healthcare, Inc. (NXGN) on Tuesday reported a loss of $25.2 million in its fiscal fourth quarter.On a per-share basis, the Atlanta-based company said it had a loss of 38 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 31 cents per share.The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.The provider of health care information systems posted revenue of $178.6 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $170.6 million.For the year, the company reported a loss of $2.7 million, or 4 cents per share. Revenue was reported as $653.2 million.Nextgen Healthcare expects full-year earnings in the range of $1.04 to $1.11 per share, with revenue in the range of $712 million to $722 million._____This story was generated by Automated Insights (http://automatedins...

GSI Technology: Fiscal Q4 Earnings Snapshot

Published Tue, 05 Nov 2024 13:38:19 GMT

SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — GSI Technology Inc. (GSIT) on Tuesday reported a loss of $4 million in its fiscal fourth quarter.The Sunnyvale, California-based company said it had a loss of 16 cents per share.The chipmaker posted revenue of $5.4 million in the period.For the year, the company reported a loss of $16 million, or 65 cents per share. Revenue was reported as $29.7 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSIT at https://www.zacks.com/ap/GSITSource

Star Bulk Carriers: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 13:38:19 GMT

ATHENS, Greece (AP) — ATHENS, Greece (AP) — Star Bulk Carriers Corp. (SBLK) on Tuesday reported first-quarter earnings of $45.9 million.The Athens, Greece-based company said it had net income of 44 cents per share. Earnings, adjusted for non-recurring gains, were 36 cents per share.The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.The shipping company posted revenue of $224 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $189.9 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBLK at https://www.zacks.com/ap/SBLKSource

Actinium: Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 13:38:19 GMT

NEW YORK (AP) — NEW YORK (AP) — Actinium Pharmaceuticals Inc. (ATNM) on Monday reported a loss of $11 million in its first quarter.The New York-based company said it had a loss of 43 cents per share.The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 42 cents per share.Actinium shares have decreased 21% since the beginning of the year. The stock has climbed 46% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATNM at https://www.zacks.com/ap/ATNMSource

Target wrestles with cautious consumers and theft at stores

Published Tue, 05 Nov 2024 13:38:19 GMT

NEW YORK (AP) — Target on Wednesday reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period.The Minneapolis-based discounter is dealing with rising costs — it cited theft as a big factor — and consumers who have become more cautious about their spending.Still, Target’s fiscal first-quarter results beat Wall Street expectations.Target is among the first major U.S. retailers to report first-quarter results, and retail industry analysts will be looking to see how stubbornly high inflation and tightening credit are impacting shoppers. Walmart, Macy’s and Nordstrom are slated to report later this week or next.Home Depot, the nation’s largest home improvement retailer, on Tuesday forecast its first decline in annual revenue since 2009. Target’s results follow a government report on retail sales that showed Americans picked up their spending modestly last month, buoyed by a solid job market and a retreat in prices fo...