Weekly Comments – May 6, 2024 -ATSG, BXC, DXPE, HVT, IBEX, JOUT, KRT, LEGH, LXFR, MTW, SMLR, RPAY, WLKP

ATSG  –  Preview of financial report due this week.  This week Monday after the market close, Air Transport Services is expected to release financial results for the first quarter ending March 2024.  A conference call to go over the details with analysts and…

BXC  –  Updated outlook following quarter earnings report.  Last week the Street was looking for $1.35 per share on $701.67 million in total sales from BlueLinx Holdings.  The Company handily beat expectations with reported sales of $726 million at the…

DXPE  –  View in advance of quarter financial report.  This week Wednesday after the market close, DXP Enterprises is scheduled to release financial results for the first quarter ending March 2024.  A conference call with analysts and shareholders is…

HVT  –  Revised outlook after quarter financial results.  Haverty Furniture took a gut punch in the first quarter ending March 2024, as consumers pulled their purse strings tighter amid high interest rates and inflation.  Haverty’s experienced an 18% decline in…

IBEX  –  Preview of financial report due this week.  Ibex Ltd. is scheduled to report financial results for the fiscal third quarter ending March 2024, on Thursday May 9th after the market close.  The average of the two published estimates for the quarter is…

JOUT  –  Quarter financial report triggers updated outlook.  Last week Johnson Outdoors reported 13% year-over-year decline in sales to $175.9 million in the fiscal second quarter ending June 2024.  The sales level resulted in lower overhead absorption,…

KRT  –  View in advance of quarter financial report.  This week Thursday May 9th after the market close, Karat Packaging is scheduled to report financial results for the first quarter ending March 2024.  A conference call is planned for the same afternoon.  …

LEGH  –  Outlook ahead of earnings report.  Last week shares of Legacy Housing cleared a particularly strong line of price resistance/support at the $21.00 price level.  The price move could be pivotal this week when the Company reports financial results for the first…

LXFR  –  Revised outlook following quarter financial report.  Last week Luxfer Holdings delivered an upside surprise with report of $89.4 million in net sales, providing $2.8 million in net income or $0.10 per share.  The Company generated $3.6 million in…

MTW  –  Preview of quarter earnings results.  The Manitowoc Company is scheduled to report financial results this week on Tuesday May 7th after the market close.  A conference call with analysts and shareholders is planned for the following morning.  …

SMLR  –  View ahead of quarter financial report.  This week Tuesday after the market close Semler Scientific is scheduled to release financial results for the first quarter ending March 2024.  An earnings conference call is planned for the same afternoon.…

RPAY  –  Outlook before quarter earnings release due this week.  This week Thursday after the market close, Repay Holdings is expected to report financial results for the first quarter ending March 9th.   A call with analysts and shareholders is planned for the…

WLKP  –  Updated trading strategy following earnings report.  Last week Westlake Chemical Partners reported $14.8 million in net income or $0.42 per unit in the first quarter ending March 2024.  During the earnings conference call management allows…

 

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