Category: Investing Ideas

Dana Inc DAN reported first-quarter FY23 sales growth of 7% year-on-year to $2.64 billion, beating the consensus of $2.56 billion. The revenue increase was driven by improved demand, cost-recovery actions, and conversion of the sales backlog, partially offset by the translation of foreign currencies. Light vehicle revenue fell 2.3% Y/Y, Commercial vehicles increased 12.7%, Off-Highway climbed … Continue reading Dana Q1 Earnings Smashes Estimates; FY23 Targets Remain Unchanged – Dana (NYSE:DAN)

At the second edition of Benzinga’s Psychedelics Capital Conference, held in sunny Miami, leaders from four major ketamine therapy companies shared their optimistic insights and guidance about the industry. Revitalist L&W’s Kathryn Walker RVLWF, Jeffrey Becker (Bexson Biomedical), Cory Jones (Healing Maps) and Julia Mirer (Nushama) shared their views in a vital discussion on this non-classical … Continue reading EXCLUSIVE: Ketamine Therapy Leaders Share Bold Vision For Future At Benzinga’s Psychedelics Capital Conference

KeyBanc Capital Markets on Monday adjusted its ratings on several Cable and Wireless stocks after analyzing first-quarter conferences and engaging in discussions with key investors. KeyBanc analyst Brandon Nispel believes the near-term setup is most attractive for cable companies due to lower risk estimates, improving macro and competitive data points, and the potential for valuation … Continue reading KeyBanc Capital Markets Touts WOW And CMCSA, Cautions Patience On CHTR: Analysts Explain Why – Comcast (NASDAQ:CMCSA), Charter Communications (NASDAQ:CHTR), WideOpenWest (NYSE:WOW)

Commercial Metals Co CMC reported second-quarter FY23 sales of $2.02 billion, a slight increase of 0.5% year-over-year, which beat the consensus of $1.97 billion. Sales by segments: North America $1.64 billion (+1.7% Y/Y) and Europe $355.63 million (-10.14% Y/Y). Adjusted EPS declined to $1.44 from $1.53 in 2Q22, which was in line with the consensus … Continue reading Commercial Metals Shares Gain After Q2 Results, Expect To Generate Sequential Improvement In Q3 Core EBITDA – Commercial Metals (NYSE:CMC)

Clinical-stage biopharma company Mind Medicine (MindMed), Inc. MNMD shared its financial results for the full year ended Dec. 31, 2022. Numbers show solid stability: Yearly operating activities expenses of $50.1 million, R&D expenses of $36.2 million and general and administrative expenses of $30.2 million -an almost 50% decrease compared to prior year’s. … Continue reading MindMed Reports Full-Year 2022 Financial Results, Highlighting Anxiety & Autism Studies – Mind Medicine (NASDAQ:MNMD)

Freshpet Inc FRPT reported fourth-quarter FY22 sales growth of 43.1% year-on-year, to $165.83 million, beating the consensus of $152.11 million. The company attributed the sales growth to pricing, velocity, distribution gains, and innovation. Gross profit increased 10.9% Y/Y to $45.7 million, with the margin contracting from 35.6% to 27.6%. The decrease in gross margin was … Continue reading Freshpet’s Q4 Highlights: Earnings Beat, Margin Pressure, Capacity Additions & More – Freshpet (NASDAQ:FRPT)

Generac Holdings Inc GNRC reported a fourth-quarter FY22 sales decline of 2% year-on-year to $1.05 billion, missing the consensus of $1.07 billion. Residential product sales grew 19% to $575 million, and Commercial & Industrial (C&I) product sales increased 27% to $361 million. Domestic segment sales decreased 3% to $880.6 million, and International segment sales rose … Continue reading Generac Gains On Q4 Bottom-Line Beat; Expects Strong Cash Flow Generation In 2023 – Generac Hldgs (NYSE:GNRC)

Church & Dwight Co Inc CHD reported fourth-quarter FY22 sales growth of 5% year-on-year to $1.44 billion, beating the consensus of $1.40 billion. Organic sales increased 0.4%, driven by 4.2% positive price and product mix offset by 3.8% lower volume. Net sales from Consumer Domestic increased 7.6% Y/Y, Consumer International fell 4.4%, and Specialty Products … Continue reading Church & Dwight Reports Q4 Earnings Above Street View; Hikes Dividend – Church & Dwight Co (NYSE:CHD)