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Adient: Fiscal Q4 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

DUBLIN (AP) — DUBLIN (AP) — Adient PLC (ADNT) on Wednesday reported fiscal fourth-quarter earnings of $135 million.The Dublin-based company said it had net income of $1.42 per share. Earnings, adjusted for one-time gains and costs, came to 51 cents per share.The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.The automotive seating and interiors supplier posted revenue of $3.73 billion in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $3.76 billion.Adient shares have climbed roughly 3% since the beginning of the year. The stock has decreased 7% 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 ADNT at https://www.zacks.com/ap/ADNTSource

Warner Bros. Discovery: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

NEW YORK (AP) — NEW YORK (AP) — Warner Bros. Discovery, Inc. (WBD) on Wednesday reported a loss of $417 million in its third quarter.On a per-share basis, the New York-based company said it had a loss of 17 cents.The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.The operator of cable TV channels such as TLC and Animal Planet posted revenue of $9.98 billion in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $9.81 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WBD at https://www.zacks.com/ap/WBDSource

ANI: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

BAUDETTE, Minn. (AP) — BAUDETTE, Minn. (AP) — ANI Pharmaceuticals Inc. (ANIP) on Wednesday reported third-quarter net income of $9.9 million, after reporting a loss in the same period a year earlier.On a per-share basis, the Baudette, Minnesota-based company said it had profit of 45 cents. Earnings, adjusted for non-recurring costs and stock option expense, were $1.27 per share.The drugmaker posted revenue of $131.8 million in the period.ANI expects full-year earnings in the range of $4.29 to $4.57 per share, with revenue in the range of $468 million to $478 million.ANI shares have risen 58% since the beginning of the year. The stock has climbed 66% 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 ANIP at https://www.zacks.com/ap/ANIPSource

Starwood Property Trust: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — Starwood Property Trust Inc. (STWD) on Wednesday reported third-quarter profit of $47.4 million.On a per-share basis, the Greenwich, Connecticut-based company said it had profit of 15 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 49 cents per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.The commercial real estate investment trust posted revenue of $521.5 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 STWD at https://www.zacks.com/ap/STWDSource

Avadel: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

DUBLIN (AP) — DUBLIN (AP) — Avadel Pharmaceuticals PLC (AVDL) on Wednesday reported a loss of $36.3 million in its third quarter.On a per-share basis, the Dublin-based company said it had a loss of 41 cents.The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.The specialty pharmaceutical company posted revenue of $7 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $5.4 million.Avadel shares have increased 45% since the beginning of the year. The stock has climbed 64% 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 AVDL at https://www.zacks.com/ap/AVDLSource

Charles River: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

WILMINGTON, Mass. (AP) — WILMINGTON, Mass. (AP) — Charles River Laboratories International Inc. (CRL) on Wednesday reported third-quarter net income of $87.4 million.On a per-share basis, the Wilmington, Massachusetts-based company said it had net income of $1.69. Earnings, adjusted for non-recurring costs, were $2.72 per share.The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.35 per share.The medical research equipment and services provider posted revenue of $1.03 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $1 billion.Charles River expects full-year earnings in the range of $10.50 to $10.70 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 CRL at https://www.zacks.com/ap/CRLSource

Under Armour: Fiscal Q2 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

BALTIMORE (AP) — BALTIMORE (AP) — Under Armour Inc. (UAA) on Wednesday reported fiscal second-quarter net income of $109.6 million.On a per-share basis, the Baltimore-based company said it had net income of 24 cents.The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.The sports apparel company posted revenue of $1.57 billion in the period, matching Street forecasts.Under Armour expects full-year earnings to be 47 cents to 51 cents 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 UAA at https://www.zacks.com/ap/UAASource

Steven Madden: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

LONG ISLAND CITY, N.Y. (AP) — LONG ISLAND CITY, N.Y. (AP) — Steven Madden Ltd. (SHOO) on Wednesday reported third-quarter net income of $64.4 million.On a per-share basis, the Long Island City, New York-based company said it had net income of 87 cents. Earnings, adjusted for non-recurring costs, were 88 cents per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.The footwear and accessories retailer posted revenue of $552.7 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $545.1 million.Steven Madden expects full-year earnings to be $2.40 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 SHOO at https://www.zacks.com/ap/SHOOSource

Computer Task Group: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

AMHERST, N.Y. (AP) — AMHERST, N.Y. (AP) — Computer Task Group Inc. (CTG) on Wednesday reported a loss of $871,000 in its third quarter.On a per-share basis, the Amherst, New York-based company said it had a loss of 6 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 11 cents per share.The information technology staffing company posted revenue of $71.3 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 CTG at https://www.zacks.com/ap/CTGSource

ODP Corp.: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 18:24:24 GMT

BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — ODP Corp. (ODP) on Wednesday reported third-quarter earnings of $70 million.The Boca Raton, Florida-based company said it had profit of $1.79 per share. Earnings, adjusted for non-recurring costs, were $1.88 per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.60 per share.The office supply retailer posted revenue of $2.01 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $2.04 billion.ODP Corp. expects full-year earnings in the range of $5.30 to $5.60 per share, with revenue in the range of $7.8 billion to $7.9 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ODP at https://www.zacks.com/ap/ODPSource