General Electric, Build-A-Bear Workshop, Asana And Other Big Stocks Moving Higher On Thursday
U.S. stocks traded higher, with the Dow Jones gaining around 50 points on Thursday. Here are some big stocks recording gains in today’s session.
Sovos Brands Sees FY23 Revenue $900M-$925M Vs $888.91M Est
Fiscal 2023 Outlook
The Company is providing initial guidance ranges for net sales and adjusted EBITDA1, as follows:
Net sales
$900-$925 million
Adjusted EBITDA
$130-$135
Earnings Scheduled For March 8, 2023
Companies Reporting Before The Bell
• Daktronics (NASDAQ:DAKT) is expected to report quarterly earnings at $0.00 per share on revenue of $164.68 million.
Sovos Brands Prices Stockholders’ Equity Offering At 4.8% Discount
Sovos Brands Inc (NASDAQ:SOVO) has priced an underwritten secondary public offering of 8.5 million shares by certain stockholders at $14.00 per…
Sovos Brands Q2 EPS $0.13 Beats $0.08 Estimate, Sales $197.40M Beat $180.96M Estimate
Sovos Brands (NASDAQ:SOVO) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.08 by 62.5 percent. The company reported quarterly sales of $197.40 million which beat the
Earnings Scheduled For May 4, 2022
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.
UBS Initiates Coverage On Sovos Brands with Buy Rating, Announces Price Target of $16
UBS initiates coverage on Sovos Brands (NASDAQ:SOVO) with a Buy rating and announces Price Target of $16.
Sovos Brands’s Return On Capital Employed Insights
According to Benzinga Pro data, during Q4, Sovos Brands (NASDAQ:SOVO) posted sales of $189.24 million. Earnings were up 16.78%, but Sovos Brands still reported an overall loss of $3.84 million.