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APi (NYSE:APG) Misses Q3 Sales Targets, Lowers Guidance
Safety and specialty services provider APi (NYSE:APG) missed Wall Street’s revenue expectations in Q3 CY2024 as sales rose 2.4% year on year to $1.83 billion. The company’s full-year revenue guidance of $7 billion at the midpoint also came in 1.8% below analysts’ estimates. Its non-GAAP profit of $0.51 per share wasin line with analysts’ consensus estimates.
Lancaster Colony’s (NASDAQ:LANC) Q3 Earnings Results: Revenue In Line With Expectations
Specialty food company Lancaster Colony (NASDAQ:LANC) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 1.1% year on year to $466.6 million. Its GAAP profit of $1.62 per share was 2.7% below analysts’ consensus estimates.
Huntington Ingalls (NYSE:HII) Misses Q3 Revenue Estimates, Stock Drops 10.7%
Aerospace and defense company Huntington Ingalls (NYSE:HII) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 2.4% year on year to $2.75 billion. Its GAAP profit of $2.56 per share was also 34.2% below analysts’ consensus estimates.
Roblox (NYSE:RBLX) Exceeds Q3 Expectations, Stock Jumps 17.6%
Gaming metaverse operator Roblox (NYSE:RBLX) announced better-than-expected revenue in Q3 CY2024, with sales up 28.8% year on year to $919 million. On the other hand, next quarter’s revenue guidance of $947.5 million was less impressive, coming in 2.1% below analysts’ estimates. Its GAAP loss of $0.37 per share was also 3.2% above analysts’ consensus estimates.
Laureate Education (NASDAQ:LAUR) Exceeds Q3 Expectations, Stock Soars
Higher education company Laureate Education (NASDAQ:LAUR) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 2% year on year to $368.6 million. The company expects the full year’s revenue to be around $1.55 billion, close to analysts’ estimates. Its GAAP profit of $0.56 per share was also 250% above analysts’ consensus estimates.
W.W. Grainger (NYSE:GWW) Posts Q3 Sales In Line With Estimates
Maintenance and repair supplier W.W. Grainger (NYSE:GWW) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 4.3% year on year to $4.39 billion. The company’s outlook for the full year was also close to analysts’ estimates with revenue guided to $17.2 billion at the midpoint. Its GAAP profit of $9.87 per share wasalso in line with analysts’ consensus estimates.
Peloton’s (NASDAQ:PTON) Q3: Beats On Revenue, Stock Jumps 15%
Exercise equipment company Peloton (NASDAQ:PTON) reported Q3 CY2024 results topping the market’s revenue expectations, but sales fell 1.6% year on year to $586 million. On the other hand, next quarter’s revenue guidance of $650 million was less impressive, coming in 2.3% below analysts’ estimates. Its GAAP loss of $0.90 per share was 491% below analysts’ consensus estimates.
Kontoor Brands (NYSE:KTB) Posts Better-Than-Expected Sales In Q3
Clothing company Kontoor Brands (NYSE:KTB) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 2.4% year on year to $670.2 million. The company expects the full year’s revenue to be around $2.6 billion, close to analysts’ estimates. Its non-GAAP profit of $1.37 per share was also 8.6% above analysts’ consensus estimates.
Enviri (NYSE:NVRI) Reports Sales Below Analyst Estimates In Q3 Earnings
Steel and waste handling company Enviri (NYSE:NVRI) fell short of the market’s revenue expectations in Q3 CY2024, but sales rose 9.3% year on year to $573.6 million. Its GAAP loss of $0.16 per share was also 1,700% below analysts’ consensus estimates.
Middleby (NASDAQ:MIDD) Misses Q3 Sales Targets
Kitchen product manufacturer Middleby (NYSE:MIDD) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 3.9% year on year to $942.8 million. Its non-GAAP profit of $2.33 per share was also 5.9% below analysts’ consensus estimates.