Earnings360 Newsletter for 6/26/2024

Earnings360 Newsletter for 6/26/2024
Earnings Highlights: SNX, MKC, NKE, CCL, JBS, KRMN, CHWY, Projections - See Details Inside! ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­
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"Project Apex" — Wall Street's best-kept secret (ad)
What is "Project Apex"?
Twenty-one banks - including JPMorgan, Goldman Sachs, and Morgan Stanley - are competing to underwrite the SpaceX IPO, internally codenamed 'Project Apex.' At a $1.75 trillion valuation, it would be the largest IPO in Wall Street history.

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Top Earnings News
The Top 3 Sectors Poised For Growth This Summer
Top 5 Stocks to Watch for AI-Driven Gains That Aren’t NVIDIA
A 300 billion dollar build changed America - this one dwarfs ittc pixel 
Micron Technology Stock Volatile Despite Analyst Upgrades

Wednesday, June 26 Today's Earnings Announcements

CompanyCurrent PriceConsensus EPSActual EPSBeat/MissConsensus RevenueActual RevenueYoY Revenue GrowthReport
AVAV AeroVironment$189.26$0.22$0.43$0.21$197.00$188.485.9%
BB BlackBerry$3.56($0.04)($0.03)$0.01$144.00$132.05-61.4%
CNXC Concentrix$27.48$2.63$2.69$0.06$2.38 thousand$2.35 thousand47.4%
FIZZ National Beverage$34.13$0.47$0.47$0.00$297.32$0.00
GIS General Mills$37.68$0.99$1.01$0.02$4.71 thousand$4.85 thousand-6.3%
HNNMY Hennes & Mauritz$3.68$0.06$0.06$0.00$5.59 thousand$5.58 thousand
JEF Jefferies Financial Group$42.00$0.63$0.64$0.01$1.66 thousand$1.59 thousand59.6%
LEVI Levi Strauss & Co.$19.65$0.11$0.16$0.05$1.44 thousand$1.45 thousand7.8%
MU Micron Technology$377.76$0.48$0.62$0.14$6.81 thousand$6.67 thousand81.5%
NG Novagold Resources$9.07 - ($0.04) - $0.00$0.00
PAYX Paychex$91.85$1.10$1.12$0.02$1.30 thousand$1.29 thousand5.3%
UNF UniFirst$255.79$1.88$2.19$0.31$603.33$600.97
VEON VEON$48.49 - $0.75 - $942.00$0.00
WOR Worthington Enterprises$52.07$0.88$0.74($0.14)$318.80$352.82-13.6%
WS Worthington Steel$30.20$0.67$1.06$0.39$911.00$876.303.1%
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Something strange just happened on Wall Street
After two years of bonus bonanzas, Wall Street banks are announcing layoffs - a pattern that last appeared in 2007, just before the financial crisis.

A 50-year Wall Street veteran whose past clients include Paul Tudor Jones, George Soros, and Steve Cohen is issuing a new warning. He accurately called the COVID crash in 2020, the 2022 bear market, and the 2023 bank run - and now he's naming the stocks to buy and sell before the next move.
 
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Tuesday, June 25 Yesterday's Earnings Announcements

CompanyCurrent PriceConsensus EPSActual EPSBeat/MissConsensus RevenueActual RevenueYoY Revenue GrowthReport
CCL Carnival$25.97($0.01)$0.11$0.12$5.78 thousand$5.68 thousand17.7%
CUK Carnival$25.88 - $0.11 - $5.78 thousand$0.00
FDX FedEx$358.74$5.34$5.41$0.07$22.11 thousand$22.04 thousand.8%
PRGS Progress Software$28.40$0.74$0.87$0.13$175.08$168.60
SNX TD SYNNEX$192.82$2.66$2.61($0.05)$13.95 thousand$14.12 thousand

Upcoming Earnings Reports

CompanyRelease DateRelease Time
AOUT American Outdoor Brands6/25/2026Afternoon
APOG Apogee Enterprises4/24/2026Morning
JRSH Jerash Holdings (US)2/9/2026Morning
NAKA KindlyMD1/1/2000Unknown
SMPL Simply Good Foods4/9/2026Morning
ACCD Accolade1/1/2000Afternoon
WBA Walgreens Boots Alliance1/1/2000Morning
AYI Acuity6/25/2026Morning
FUL H. B. Fuller6/24/2026Afternoon
LNN Lindsay6/25/2026Morning
MKC McCormick & Company, Incorporated6/25/2026Morning
MXC Mexco Energy1/1/2000Unknown
NKE NIKE6/25/2026Afternoon
SHAP Spree Acquisition Corp. 11/1/2000Unknown
EACO EACO4/1/2026Unknown
ILALD International Land Alliance1/1/2000Unknown
NOBH Nobility Homes1/13/2026Unknown
PCSV Pcs Edventures!.Com1/1/2000Unknown
FNGR FingerMotion6/3/2026Unknown
AOREF American Overseas Group4/27/2026Unknown
IH iHuman6/24/2026Unknown
CULP Culp3/11/2026Afternoon
DLNG Dynagas LNG Partners5/26/2026Afternoon
PETV PetVivo6/25/2026Unknown
CRWS Crown Crafts6/11/2026Unknown
ELLO Ellomay Capital3/30/2026Unknown
FMST Foremost Clean Energy2/11/2026Unknown
CNVS Cineverse6/25/2026Afternoon
PMNT Perfect Moment2/12/2026Unknown
RDZN Roadzen2/11/2026Unknown
OMCC Old Market Capital2/13/2026Unknown
BNED Barnes & Noble Education3/10/2026Unknown

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