Weekly Comments – April 29, 2024 – BXC, HVT, JOUT, LXFR, MPX, ULH, WLKP

BXC  –  Preview of earnings report due this week.  BlueLinx Holdings is scheduled to report financial results for the first quarter ending March 2024, on Tuesday this week after the market close.  A conference call to discuss the details in planned on the…

HVT  –  View in advance of financial report.  Last week shares of Haverty Furniture completed formation of a particularly complex signal in a point and figure chart called a Bear Trap.  The signal is composed of multiple bottom breakdowns, including a triple…

JOUT  –  Outlook in advance of quarter earnings release.  Johnson Outdoors is expected to report financial results for the fiscal second quarter ending March 2024, on Friday this week before the market open.  A conference call to discuss the details is scheduled…

LXFR  –  Preview of earnings report due this week.  All but one analyst appears to have given up on Luxfer Holdings.  The single estimate posted is for $0.08 in earnings per share on $82.9 million in total sales for the quarter ending March 2024.  Both top and…

MPX  –  Updated outlook following financial report.  Last week Marine Products reported $69.3 million in total sales, 42% lower than the same quarter in the previous year.  Sales provided $4.6 million in net income or $0.13 per share, lower year-over-year by 60%.  …

ULH  –  Updated view following financial results.  Last week Universal Logistics Holdings delivered a strong upside surprise with report of financial results for the first quarter ending March 2024.  Sales totaled $491.9 million representing 12.5% increase from the…

WLKP  –  View in advance of earnings report due this week.  Westlake Chemical Partners is scheduled to report financial results on Wednesday this week before the market open.  A conference call to discuss the details with analysts and shareholders is…

 

You need to be logged in to view the rest of the content. Please . Not a Member? Join Us