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Emerson Electric: Fiscal Q4 Earnings Snapshot

Published Tue, 16 Apr 2024 10:05:00 GMT

ST. LOUIS (AP) — ST. LOUIS (AP) — Emerson Electric Co. (EMR) on Tuesday reported fiscal fourth-quarter earnings of $744 million.The St. Louis-based company said it had profit of $1.29 per share.The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.The maker of process controls systems, valves and analytical instruments posted revenue of $4.09 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $4.2 billion.For the year, the company reported profit of $13.22 billion, or $22.88 per share. Revenue was reported as $15.17 billion.For the current quarter ending in December, Emerson Electric expects its per-share earnings to range from $1 to $1.05. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.19.The company expects full-year earnings in the range of $5.15 to $5.35 per share._____This story was gener...

Fidelity National: Q3 Earnings Snapshot

Published Tue, 16 Apr 2024 10:05:00 GMT

JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Fidelity National Information Services Inc. (FIS) on Tuesday reported a loss of $449 million in its third quarter.The Jacksonville, Florida-based company said it had a loss of 76 cents per share. Earnings, adjusted for one-time gains and costs, came to 94 cents per share.The results did not meet Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.59 per share.The banking and payment technologies company posted revenue of $2.49 billion in the period, also missing Street forecasts. Eleven analysts surveyed by Zacks expected $3.65 billion.Fidelity National expects full-year revenue in the range of $14.6 billion to $14.65 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIS at https://www.zacks.com/ap/FISSource

AxoGen: Q3 Earnings Snapshot

Published Tue, 16 Apr 2024 10:05:00 GMT

ALACHUA, Fla. (AP) — ALACHUA, Fla. (AP) — AxoGen Inc. (AXGN) on Tuesday reported a loss of $4.1 million in its third quarter.On a per-share basis, the Alachua, Florida-based company said it had a loss of 10 cents. Earnings, adjusted for stock option expense, came to 1 cent per share.The regenerative medicine company posted revenue of $41.3 million in the period.AxoGen expects full-year revenue in the range of $154 million to $159 million.The company’s shares closed at $3.93. A year ago, they were trading at $11.03._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXGN at https://www.zacks.com/ap/AXGNSource

Datadog: Q3 Earnings Snapshot

Published Tue, 16 Apr 2024 10:05:00 GMT

NEW YORK (AP) — NEW YORK (AP) — Datadog Inc. (DDOG) on Tuesday reported third-quarter profit of $22.6 million.The New York-based company said it had profit of 6 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 45 cents per share.The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.The data analytics and cloud monitoring company posted revenue of $547.5 million in the period, also beating Street forecasts. Fourteen analysts surveyed by Zacks expected $523.3 million.For the current quarter ending in December, Datadog expects its per-share earnings to range from 42 cents to 44 cents.The company said it expects revenue in the range of $564 million to $568 million for the fiscal fourth quarter.Datadog expects full-year earnings in the range of $1.52 to $1.54 per share, with revenue ranging from $2.1 billion to $2.11 billion._____This story was ...

Hostess Brands: Q3 Earnings Snapshot

Published Tue, 16 Apr 2024 10:05:00 GMT

LENEXA, Kan. (AP) — LENEXA, Kan. (AP) — Hostess Brands, Inc. (TWNK) on Tuesday reported third-quarter net income of $22.8 million.The Lenexa, Kansas-based company said it had net income of 17 cents per share. Earnings, adjusted for one-time gains and costs, were 24 cents per share.The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.The company posted revenue of $352.8 million in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $366 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TWNK at https://www.zacks.com/ap/TWNKSource

Delek US Holdings: Q3 Earnings Snapshot

Published Tue, 16 Apr 2024 10:05:00 GMT

BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Delek US Holdings Inc. (DK) on Tuesday reported third-quarter net income of $128.7 million.The Brentwood, Tennessee-based company said it had profit of $1.97 per share. Earnings, adjusted for restructuring costs and non-recurring costs, were $2.02 per share.The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.The refinery operator posted revenue of $4.75 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $3.97 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DK at https://www.zacks.com/ap/DKSource

Zevra Therapeutics: Q3 Earnings Snapshot

Published Tue, 16 Apr 2024 10:05:00 GMT

CELEBRATION, Fla. (AP) — CELEBRATION, Fla. (AP) — Zevra Therapeutics, Inc. (ZVRA) on Tuesday reported a loss of $14 million in its third quarter.The Celebration, Florida-based company said it had a loss of 40 cents per share.The specialty pharmaceutical company posted revenue of $2.9 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 ZVRA at https://www.zacks.com/ap/ZVRASource

Novanta: Q3 Earnings Snapshot

Published Tue, 16 Apr 2024 10:05:00 GMT

BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Novanta Inc. (NOVT) on Tuesday reported net income of $21.2 million in its third quarter.The Bedford, Massachusetts-based company said it had net income of 59 cents per share. Earnings, adjusted for non-recurring costs, came to 85 cents per share.The photonic and motion control components maker posted revenue of $221.5 million in the period.For the current quarter ending in December, Novanta expects its per-share earnings to range from 59 cents to 66 cents.The company said it expects revenue in the range of $208 million to $212 million for the fiscal fourth quarter.Novanta expects full-year earnings in the range of $2.98 to $3.05 per share, with revenue ranging from $878 million to $882 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOVT at https://www.zacks.com/ap/NOVTSource

Suspect pleads guilty in Colorado Springs school shooting plot

Published Tue, 16 Apr 2024 10:05:00 GMT

COLORADO SPRINGS, Colo. (KXRM) — A 19-year-old from Elbert County has pleaded guilty to second-degree assault for threatening to target three schools in Academy District 20 in Colorado Springs, according to the 18th Judicial District Attorney's Office.On March 31, deputies with the Elbert County Sheriff's Office responded to a home in unincorporated Elbert County after a family member contacted law enforcement stating that 19-year-old William Whitworth, who identifies as Lily, had threatened to shoot up a school and was punching holes in a wall.While on scene at the Elbert County home, deputies discovered a dry-erase board that appeared to have a labeled floor plan of a school, as well as a notebook with additional drawings and floor plans. Whitworth also admitted to planning an attack, according to the DA's office. Colorado forensic scientist under investigation for DNA test ‘anomalies’ Whitworth was initially booked into jail and held on $75,000 bond, but that bond was later inc...

When to use MDT vs. MST when talking about time in Colorado

Published Tue, 16 Apr 2024 10:05:00 GMT

DENVER (KDVR) — Along with changing the clocks, it's also the time of year when the use of Mountain Daylight Time and Mountain Standard Time switches.With every digital meeting scheduled in Colorado, the time will either have (MDT) or (MST) at the end. But the abbreviation is more than just telling others that the meeting is set to mountain time.Technically, the abbreviations are used for different times of the year.The first is Mountain Daylight Time, which is used when it's daylight saving time. The other is Mountain Standard Time, which is Colorado's official time zone. What would Colorado look like on permanent daylight saving time? MDT is used from March 12 to Nov. 5. During this time, it's considered daylight saving time. The clocks are set back, so the sun sets at a later time.From Nov. 5 to March 12, MST is used as Colorado is in its standard, or "normal," time zone. So, Colorado is currently in MST.The concept of Daylight Time and Standard Time are the same throughout the...