Friday, 29 Mar 2024

Saint-Gobain FY Profit Up 19.1%

Autodesk Inc. Q4 Profit Increases, beats estimates

Autodesk Inc. (ADSK) revealed earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company’s earnings came in at $293 million, or $1.35 per share. This compares with $89 million, or $0.40 per share, in last year’s fourth quarter.

Excluding items, Autodesk Inc. reported adjusted earnings of $1.86 per share for the period.

Analysts on average had expected the company to earn $1.81 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 9.1% to $1.32 billion from $1.21 billion last year.

Autodesk Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $293 Mln. vs. $89 Mln. last year.
-EPS (Q4): $1.35 vs. $0.40 last year.
-Analyst Estimate: $1.81
-Revenue (Q4): $1.32 Bln vs. $1.21 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.50- $1.56
Next quarter revenue guidance: $1.260 – $1.275 Bln

Edison International Q4 Profit Decreases, but beats estimates

Edison International (EIX) reported a profit for fourth quarter that decreased from last year but beat the Street estimates.

The company’s bottom line came in at $415 million, or $1.09 per share. This compares with $523 million, or $1.38 per share, in last year’s fourth quarter.

Excluding items, Edison International reported adjusted earnings of $437 million or $1.15 per share for the period.

Analysts on average had expected the company to earn $1.10 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

Edison International earnings at a glance (GAAP) :

-Earnings (Q4): $415 Mln. vs. $523 Mln. last year.
-EPS (Q4): $1.09 vs. $1.38 last year.
-Analyst Estimates: $1.10

Alliant Energy Corp Bottom Line Climbs In Q4, but misses estimates

Alliant Energy Corp (LNT) revealed a profit for its fourth quarter that increased from last year but missed the Street estimates.

The company’s earnings totaled $108 million, or $0.43 per share. This compares with $88 million, or $0.35 per share, in last year’s fourth quarter.

Analysts on average had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 14.0% to $1.06 billion from $0.93 billion last year.

Alliant Energy Corp earnings at a glance (GAAP) :

-Earnings (Q4): $108 Mln. vs. $88 Mln. last year.
-EPS (Q4): $0.43 vs. $0.35 last year.
-Analyst Estimate: $0.47
-Revenue (Q4): $1.06 Bln vs. $0.93 Bln last year.

Kratos Defense & Security Solutions, Inc. Q4 Earnings Summary

Below are the earnings highlights for Kratos Defense & Security Solutions, Inc. (KTOS):

Earnings: -$8.3 million in Q4 vs. -$2.6 million in the same period last year.
EPS: -$0.07 in Q4 vs. -$0.02 in the same period last year.
Excluding items, Kratos Defense & Security Solutions, Inc. reported adjusted earnings of $10.7 million or $0.08 per share for the period.

Analysts projected $0.08 per share
Revenue: $249.3 million in Q4 vs. $211.6 million in the same period last year.

-Guidance:
Next quarter revenue guidance: $220 – $230 mln

Life Storage Inc. Bottom Line Rises In Q4, Beats estimates

Life Storage Inc. (LSI) revealed a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company’s bottom line came in at $93.8 million, or $1.10 per share. This compares with $74.1 million, or $0.90 per share, in last year’s fourth quarter.

Analysts on average had expected the company to earn $1.07 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 24.2% to $274.7 million from $221.2 million last year.

Life Storage Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $93.8 Mln. vs. $74.1 Mln. last year.
-EPS (Q4): $1.10 vs. $0.90 last year.
-Analyst Estimate: $1.07
-Revenue (Q4): $274.7 Mln vs. $221.2 Mln last year.

Booking Holdings Inc. Q4 Profit Increases, beats estimates

Booking Holdings Inc. (BKNG) released a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company’s bottom line came in at $1.23 billion, or $31.92 per share. This compares with $0.62 billion, or $14.94 per share, in last year’s fourth quarter.

Excluding items, Booking Holdings Inc. reported adjusted earnings of $957 million or $24.74 per share for the period.

Analysts on average had expected the company to earn $22.24 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 35.9% to $4.05 billion from $2.98 billion last year.

Booking Holdings Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $1.23 Bln. vs. $0.62 Bln. last year.
-EPS (Q4): $31.92 vs. $14.94 last year.
-Analyst Estimate: $22.24
-Revenue (Q4): $4.05 Bln vs. $2.98 Bln last year.

Saint-Gobain FY Profit Up 19.1%

French building materials firm Saint-Gobain (CODGF.PK) reported that its net attributable income for fiscal year 2022 rose 19.1% to 3.00 billion euros from 2.52 billion euros in the prior year. Earnings per share were 5.84 euros up from 4.79 euros in the previous year.

EBITDA climbed 15% to 7.12 billion euros from the previous year.

Recurring net income was 3.34 billion euros up 18% from the prior year.

On a reported basis, sales jumped 15.9% to 51.2 billion euros, with a positive currency effect of 3.6% over the year as a whole. The Group structure impact reduced sales by 1.0% over the year as a whole but was positive in the second half, adding 1.3% to sales.

The company said its board decided to recommend to the Shareholders’ Meeting on June 8, 2023 a cash dividend up 23% to 2.00 euros per share for 2022. The ex-dividend date has been set at June 12 and the dividend will be paid on June 14, 2023.

The Group noted that it will allocate at least 400 million euros for share buybacks in 2023 in line with the objectives set out in its “Grow & Impact” plan.

Saint-Gobain expects a moderate slowdown in its markets in 2023, with contrasting trends: a decline in new construction in certain regions but good resilience overall in renovation.

For 2023,Saint-Gobain targets an operating margin of between 9% and 11%, in line with the “Grow & Impact” strategic plan target.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Related Posts