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Lancaster Colony: Fiscal Q1 Earnings Snapshot

Published Fri, 01 Nov 2024 18:35:21 GMT

WESTERVILLE, Ohio (AP) — WESTERVILLE, Ohio (AP) — Lancaster Colony Corp. (LANC) on Thursday reported profit of $44 million in its fiscal first quarter.On a per-share basis, the Westerville, Ohio-based company said it had net income of $1.59. Earnings, adjusted for non-recurring costs, came to $1.70 per share.The specialty food maker posted revenue of $461.6 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LANC at https://www.zacks.com/ap/LANCSource

Milk carton shortage has schools scrambling for options

Published Fri, 01 Nov 2024 18:35:21 GMT

NEW YORK - SEPTEMBER 16: Cartons of milk are seen for sale September 16, 2003 in New York City. Milk prices have risen over the summer and jumped up 21 percent from August to September. (Photo by Mario Tama/Getty Images)(Getty Images/Mario Tama) NEW YORK - SEPTEMBER 16: Cartons of milk are seen for sale September 16, 2003 in New York City. Milk prices have risen over the summer and jumped up 21 percent from August to September. (Photo by Mario Tama/Getty Images)(Getty Images/Mario Tama) Milk does a body good — and that’s why schools nationwide are scrambling for options to ensure students don’t miss a precious drop during a paper carton shortage.Some schools have followed federal guidelines issued ...

Crocs: Q3 Earnings Snapshot

Published Fri, 01 Nov 2024 18:35:21 GMT

BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Crocs Inc. (CROX) on Thursday reported third-quarter profit of $177 million.On a per-share basis, the Broomfield, Colorado-based company said it had profit of $2.87. Earnings, adjusted for non-recurring costs, were $3.25 per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.09 per share.The footwear company posted revenue of $1.05 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $1.03 billion.Crocs expects full-year earnings in the range of $11.55 to $11.85 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CROX at https://www.zacks.com/ap/CROXSource

Karyopharm Therapeutics: Q3 Earnings Snapshot

Published Fri, 01 Nov 2024 18:35:21 GMT

NEWTON, Mass. (AP) — NEWTON, Mass. (AP) — Karyopharm Therapeutics Inc. (KPTI) on Thursday reported a loss of $34.5 million in its third quarter.On a per-share basis, the Newton, Massachusetts-based company said it had a loss of 30 cents.The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.The pharmaceutical company posted revenue of $36 million in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $37.3 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KPTI at https://www.zacks.com/ap/KPTISource

Thermon Group: Fiscal Q2 Earnings Snapshot

Published Fri, 01 Nov 2024 18:35:21 GMT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Thermon Group Holdings Inc. (THR) on Thursday reported profit of $14.7 million in its fiscal second quarter.On a per-share basis, the Austin, Texas-based company said it had profit of 43 cents. Earnings, adjusted for non-recurring costs, were 49 cents per share.The maker of heat tracing products posted revenue of $123.7 million in the period.Thermon Group expects full-year earnings in the range of $1.84 to $1.94 per share, with revenue in the range of $478 million to $498 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THR at https://www.zacks.com/ap/THRSource

ICE: Q3 Earnings Snapshot

Published Fri, 01 Nov 2024 18:35:21 GMT

ATLANTA (AP) — ATLANTA (AP) — IntercontinentalExchange Group Inc. (ICE) on Thursday reported third-quarter profit of $541 million.The Atlanta-based company said it had profit of 96 cents per share. Earnings, adjusted for one-time gains and costs, were $1.46 per share.The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share.The owner of the New York Stock Exchange and other stock markets posted revenue of $2.43 billion in the period. Its adjusted revenue was $2 billion, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $2.01 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICE at https://www.zacks.com/ap/ICESource

Distribution Solutions: Q3 Earnings Snapshot

Published Fri, 01 Nov 2024 18:35:21 GMT

CHICAGO (AP) — CHICAGO (AP) — Distribution Solutions Group, Inc. (DSGR) on Thursday reported a loss of $1.6 million in its third quarter.The Chicago-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 17 cents per share.The industrial products and tools maker posted revenue of $438.9 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSGR at https://www.zacks.com/ap/DSGRSource

Gibraltar Industries: Q3 Earnings Snapshot

Published Fri, 01 Nov 2024 18:35:21 GMT

BUFFALO, N.Y. (AP) — BUFFALO, N.Y. (AP) — Gibraltar Industries Inc. (ROCK) on Thursday reported profit of $39.3 million in its third quarter.On a per-share basis, the Buffalo, New York-based company said it had net income of $1.28. Earnings, adjusted for one-time gains and costs, came to $1.38 per share.The building-products company posted revenue of $390.7 million in the period.Gibraltar Industries expects full-year earnings in the range of $4.05 to $4.15 per share, with revenue in the range of $1.37 billion to $1.4 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROCK at https://www.zacks.com/ap/ROCKSource

Vital Farms: Q3 Earnings Snapshot

Published Fri, 01 Nov 2024 18:35:21 GMT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Vital Farms, Inc. (VITL) on Thursday reported third-quarter earnings of $4.5 million.On a per-share basis, the Austin, Texas-based company said it had profit of 10 cents.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.The company posted revenue of $110.4 million in the period, which met Street forecasts.Vital Farms expects full-year revenue of $465 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VITL at https://www.zacks.com/ap/VITLSource

Cummins: Q3 Earnings Snapshot

Published Fri, 01 Nov 2024 18:35:21 GMT

COLUMBUS, Ind. (AP) — COLUMBUS, Ind. (AP) — Cummins Inc. (CMI) on Thursday reported third-quarter profit of $656 million.The Columbus, Indiana-based company said it had net income of $4.59 per share. Earnings, adjusted for non-recurring costs, were $4.73 per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.63 per share.The engine maker posted revenue of $8.43 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $8.14 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMI at https://www.zacks.com/ap/CMISource