Earnings360 Newsletter for 6/27/2024

Earnings360 Newsletter for 6/27/2024
Earnings Highlights: CRH, SHEL, PAYP, MAIR, MICC, MLM, LYV, Projections - See Details Inside! ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­
Earnings360 Home
A 50 Year Deal Just Expired and Bond Buyers Are Walking Away (ad)
The $15 Billion Signal Washington Hoped You'd Miss
On April 16, the U.S. Treasury bought back $15 billion of its own debt, one of the largest single-day buybacks on record. The same day, former Treasury Secretary Hank Paulson warned publicly about fading demand for U.S. bonds.

A 1974 arrangement between Washington and Riyadh once guaranteed buyers for U.S. debt. That arrangement expired on June 9, 2024, and the buyer base has been thinning ever since, leaving the Fed as buyer of last resort.

Garrett Goggin, CFA, CMT, Lead Analyst at Golden Portfolio, explains why gold miners may be repricing for a shifting debt landscape.
 
See the full briefing on what this bond signal means nowtc pixel
Top Earnings News
General Mills Q4 Sales Miss Expectations, Triggering Stock Drop
Silvaco Stock: Consider Early Investment in New Semiconductor
Everyone is buzzing about the "Presidio Initiative"tc pixel 
Carnival Cruise Stock Nears Analyst Forecasts on Strong Earnings
The Top 3 Sectors Poised For Growth This Summer
Top 5 Stocks to Watch for AI-Driven Gains That Aren’t NVIDIA

Thursday, June 27 Today's Earnings Announcements

CompanyCurrent PriceConsensus EPSActual EPSBeat/MissConsensus RevenueActual RevenueYoY Revenue GrowthReport
AYI Acuity$338.32$3.82$4.15$0.33$968.10$996.52-3.2%
FUL H. B. Fuller$55.40$1.03$1.12$0.09$917.10$914.222.1%
LNN Lindsay$110.91$1.17$1.85$0.68$139.20$144.38-15.4%
MKC McCormick & Company, Incorporated$51.01$0.59$0.69$0.10$1.64 thousand$1.63 thousand-1.0%
MKC.V MCCORMICK & CO/SH SH$51.10 - $0.69 - $1.64 thousand$0.00
NKE NIKE$42.28$0.85$1.01$0.16$12.60 thousand$12.86 thousand-1.6%
WBA Walgreens Boots Alliance$11.98$0.68$0.63($0.05)$36.40 thousand$35.94 thousand2.8%
Oil supply shock spreads far beyond the energy sector (ad)
The oil crisis is spreading faster than you think
Tanker traffic through Hormuz has plunged from 110-130 daily transits to near zero, while 17% of Qatar's LNG capacity remains offline after missile strikes.

Goldman Sachs named the UK the developed economy most exposed to a jet-fuel crunch, citing critically low reserves and a gutted refining base. Dow Chemical has already doubled polyethylene prices overnight.

Garrett Goggin, CFA, CMT, points to four gold miners positioned for what comes next.
 
See the four gold miners Garrett Goggin is watching nowtc pixel

Wednesday, June 26 Yesterday's Earnings Announcements

CompanyCurrent PriceConsensus EPSActual EPSBeat/MissConsensus RevenueActual RevenueYoY Revenue GrowthReport
ATEX Anterix$93.58($0.24)($0.51)($0.27)$1.26$1.52
AVAV AeroVironment$146.57$0.22$0.43$0.21$197.00$188.485.9%
BB BlackBerry$8.46($0.04)($0.03)$0.01$144.00$132.05-61.4%
CNXC Concentrix$24.90$2.63$2.69$0.06$2.38 thousand$2.35 thousand47.4%
FIZZ National Beverage$32.02$0.47$0.47$0.00$297.32$0.00
GIS General Mills$36.47$0.99$1.01$0.02$4.71 thousand$4.85 thousand-6.3%
HNNMY Hennes & Mauritz$3.63$0.06$0.06$0.00$5.59 thousand$5.58 thousand
JEF Jefferies Financial Group$55.31$0.63$0.64$0.01$1.66 thousand$1.59 thousand59.6%
LEVI Levi Strauss & Co.$24.56$0.11$0.16$0.05$1.44 thousand$1.45 thousand7.8%
MLKN MillerKnoll$22.48$0.54$0.67$0.13$888.90$898.65-7.1%
MU Micron Technology$874.66$0.48$0.62$0.14$6.81 thousand$6.67 thousand81.5%
NG Novagold Resources$6.07 - ($0.04) - $0.00$0.00
PAYX Paychex$116.33$1.10$1.12$0.02$1.30 thousand$1.29 thousand5.3%
UNF UniFirst$293.89$1.88$2.19$0.31$603.33$600.97
VEON VEON$52.79 - $0.75 - $942.00$0.00
WOR Worthington Enterprises$55.84$0.88$0.74($0.14)$318.80$352.82-13.6%
WS Worthington Steel$35.19$0.67$1.06$0.39$911.00$876.303.1%

Upcoming Earnings Reports

CompanyRelease DateRelease Time
CRWS Crown Crafts8/12/2026Unknown
CULP Culp9/9/2026Afternoon
DLNG Dynagas LNG Partners9/8/2026Afternoon
FNGR FingerMotion10/13/2026Unknown
IH iHuman9/17/2026Unknown
AOREF American Overseas Group4/27/2026Unknown
NOBH Nobility Homes1/13/2026Unknown
PCSVD Pcs Edventures!.Com1/1/2000Unknown
PETV PetVivo8/13/2026Unknown
ELLO Ellomay Capital3/30/2026Unknown
FMST Foremost Clean Energy9/1/2026Unknown
MAAL Marketing Alliance1/1/2000Unknown
OMCC Old Market Capital2/13/2026Unknown
BNED Barnes & Noble Education9/3/2026Unknown
CNVS Cineverse8/13/2026Afternoon
RDZN Roadzen8/12/2026Unknown
SLP Simulations Plus7/9/2026Afternoon
PIXY ShiftPixy1/1/2000Unknown
PPYA Papaya Growth Opportunity Corp. I5/15/2026Unknown
RDUS Radius Recycling1/1/2000Morning
MSM MSC Industrial Direct7/1/2026Morning

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