KLX Q2 Meets on Earnings and Beats on Revenues

KLX Q2 Meets on Earnings and Beats on Revenues

KLX reported Wednesday adjusted diluted EPS of $0.73 for Q2, up from last year’s $0.45 and in line with Street view. Revenues grew 13.6% to $430.6 million, exceeding the average analyst estimate of $425.2 million, driven by organic revenue growth in the aerospace solutions segment. For 2017, the company still expects revenues to increase 17% to approximately $1.75 billion, with adjusted diluted EPS of $3.

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Geo Group Posts Q2 FFO In Line, Misses on Revenue

Geo Group Posts Q2 FFO In Line, Misses on Revenue

Geo Group reported Monday financial results for Q2, with lower-than-expected revenue and funds from operations that matched analysts’ estimates. It also provided guidance for Q3, Q4 and fiscal 2017.The real estate investment trust and provider of evidence-based offender rehabilitation and community reentry services posted adjusted FFO of $0.61 per share, flat with the prior-year period and in line with the Capital IQ consensus estimate. Revenue was $577.1 million, up from […]

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TE Connectivity’s Fiscal Q3 Adjusted EPS and Sales Beat Expectations

TE Connectivity’s Fiscal Q3 Adjusted EPS and Sales Beat Expectations

TE Connectivity shares were almost 1% higher pre-market Wednesday after the company said its fiscal Q3 adjusted EPS for the period ended June 30 amounted to $1.24 per share, up from $1.08 per share a year ago. Analysts polled by Capital IQ had expected $1.17 per share. The company said Q3 net sales amounted to $3.37 billion, up from $3.12 billion. Analysts expected net sales of $3.28 billion. For Q4, […]

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Campbell Soup Reaffirms FY17 EPS Guidance

Campbell Soup Reaffirms FY17 EPS Guidance

Campbell Soup Company said early Wednesday it continues to expect adjusted earnings per share will rise 3% to 5%, or $3.04 to $3.09, for FY17, which straddles the $3.05 per share average estimate of analysts polled by Capital IQ. The company also said it continues to expect FY17 sales to either fall 1% or remain flat. Additionally, the company noted CEO Denise Morrison will outline on Wednesday steps Campbell is […]

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Sodexo Lowers Full-Year Comparable Revenue Growth Forecast

Sodexo Lowers Full-Year Comparable Revenue Growth Forecast

Sodexo, a French facilities management, catering and vouchers group, cut its full-year forecast for sales growth after weaker-than-expected sales performance in the third quarter. Revenue in the nine months to May 31 was 15.98 billion euros ($18.1 billion) compared with 15.71 billion euros in the same period of 2016, the company, whose clients include Unilever, Royal Dutch Shell and Coca-Cola, said on its website on Thursday. On a comparable basis […]

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