Multiple U.S. firms report mixed fiscal quarterly results
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60-Second Summary
Atlanta and other U.S. cities saw corporate quarterly filings this week as multiple public companies released results and guidance. Oxford Industries reported a $63.7 million Q3 loss and set revenue and full-year earnings ranges; Amtech returned to profitability with a $1.1 million Q4 net income and revenue guidance; Nordson posted $151.6 million Q4 net income, topping estimates and issuing upbeat forward guidance; Hooker Furniture reported a $21.2 million Q3 loss and disclosed adjusted earnings. Reporting relied on company filings and Zacks data aggregated by the Associated Press. Based on 6 articles reviewed and supporting research.
About this summary
This 60-second summary was prepared by the JQJO editorial team after reviewing 5 original reports from KUSA.com, WTOP, WHAS 11 Louisville, San Francisco Gate and Local3News.com.
Timeline of Events
- Multiple public companies released fiscal-quarter earnings and guidance this week.
- Oxford Industries announced a $63.7 million Q3 loss and provided revenue and FY guidance.
- Amtech reported $1.1 million Q4 net income and issued next-quarter revenue guidance.
- Nordson disclosed $151.6 million Q4 net income, beating estimates and issuing forward guidance.
- Hooker Furniture reported a $21.2 million Q3 loss and disclosed adjusted earnings.
- Articles Published:
- 5
- Right Leaning:
- 0
- Left Leaning:
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- Neutral:
- 5
- Distribution:
- Left 0%, Center 100%, Right 0%
Investors in Nordson and suppliers to industrial manufacturers benefited from stronger-than-expected results and upward guidance, which improved forward visibility for those stakeholders.
Shareholders and stakeholders of Oxford Industries and Hooker Furniture suffered from reported quarterly losses and the likelihood of near-term share-price pressure and earnings uncertainty.
After reading and researching latest news.... Reported quarterly results show mixed performance: Nordson beat estimates and raised guidance; Oxford and Hooker posted large losses; Amtech returned to modest profit. Companies issued revenue and earnings ranges, citing operational and market pressures; data came from company statements and Zacks via Associated Press.
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Multiple U.S. firms report mixed fiscal quarterly results
KUSA.com WTOP WHAS 11 Louisville San Francisco Gate Local3News.comFrom Right
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