There have been a number of recent earnings reports from the technology, industrials, and consumer defensive sectors. It was a good day for Duck Creek Technologies, Acuity Brands, and Lamb Weston Holdings. The stock of Conagra Brands, on the other hand, fell slightly on January 6 after the company missed profit estimates for the second quarter.
Insider Monkey highlights the 10 stocks in focus after releasing their financial results. Scrap metal recycling and steel production are the primary activities of Schnitzer Steel Industries, Inc. Adjusted earnings per share for the steel manufacturer based in Portland were $1.58, compared to 57 cents per share in the year-ago quarter for the company. On an adjusted basis, the uniform rental company earned $2 per share, beating expectations of $1.95 per share. To beat the consensus estimate of $475.6 million, UniFirst Corporation brought in $486.2 million in revenue during the third quarter of fiscal year 2018. For the entire year, the company now expects earnings per share to be in the $5.50-$5.80 range. On Thursday, January 6, 2022, Helen of Troy Limited shares were slightly lower. Despite the fact that its fiscal third-quarter profit and sales exceeded expectations. The adjusted earnings per share for the company were $3.72, up from $2.61 in the year-ago quarter. On a quarterly basis, Lindsay Corporation reported lower-than-expected earnings. The irrigation equipment manufacturer in Nebraska reported a profit per share of 72 cents. Profits rose to $166.2 million, compared to $108.8 million in the same period last year. On January 6, 2022, Bed Bath & Beyond Inc.’s stock rose nearly 8%. Because of problems in the company’s supply chain, financial results fell short of analysts’ forecasts. On revenue of $1.951 billion, analysts were expecting a profit of 1 cent per share. For more details, click the 10 Stocks In Focus After Releasing Their Financial Results.
Unsplash
