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Earnings Reactions: Yext, Limoneira and Dave & Buster's Surpass Estimates

  • June 06th, 2023
  • 176 views

Yext, Inc. (NYSE: YEXT), a leading digital knowledge management platform, reported an adjusted EPS of $0.09 for the first quarter of fiscal 2024, surpassing the consensus estimate of $0.05. 

Looking ahead to the second quarter of fiscal 2024, Yext expects adjusted EPS in the range of $0.06 to $0.07, slightly higher than the consensus estimate of $0.05. 

In after-hours, $YEXT was trading at $10.55, experiencing a positive movement of $0.95 or 9.90%.

Limoneira Company (Nasdaq: LMNR), a leading agribusiness and citrus fruit provider, reported an adjusted EPS of $0.21 for the second quarter of fiscal 2023, exceeding the consensus estimate of $0.19. 

However, the company's food service business and industry logistics are facing challenges due to global supply chain and inflationary pressures, leading to a slowdown.

Limoneira maintains its expectations for fresh lemon volumes in the range of 5.0 million to 5.4 million cartons for fiscal year 2023. However, due to adverse weather conditions affecting its orchards, the company revised its guidance for avocado volumes to be in the range of 3.0 million to 4.0 million pounds, compared to the previous guidance of 4.0 million to 5.0 million pounds. 

$LMNR was trading at $15.54 in after-hours, experiencing a decrease of $0.93 or 5.65%.

Dave & Buster's Entertainment, Inc. (Nasdaq: PLAY), a leading owner and operator of entertainment and dining venues, reported an EPS of $1.45 for the first quarter of 2023, surpassing the consensus estimate of $1.24. 

In after-hours, $PLAY was trading at $34.86, up $1.12 or 3.32%.

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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