© Reuters.
By Davit Kirakosyan
Investing.com — In case you missed it, here are the 5 biggest recent earnings announcements. Get this news in real time by signing up for InvestingPro.
Victoria’s Secret (NYSE:) jumped more than 12% after the company updated its outlook for Q4/22, expecting its operating income to be in the range of $245-$265 million (vs. prior $240-$290 million), and diluted EPS in the range of $2.05-$2.25 (vs. prior $2.00-$2.45). Management reaffirmed Q4 sales guidance provided on November 30, 2022, which forecasted a net sales decline in the high-single-digit range. The company also announced that its Board of Directors approved a new $250 million share-repurchase program.
KB Home (NYSE:) shares fell more than 2% after-hours following the company’s reported Q4 results, with EPS of $2.47 missing the consensus estimate of $2.87. Revenue increased 16% year-over-year to $1.94 billion, coming in worse than the consensus estimate of $1.98 billion. For Q1/23, management expects housing revenues to be in the range of $1.25-$1.40 billion and an average selling price in the range of $490,000 -$500,000.
Intuitive Surgical (NASDAQ:) shares fell more than 4% after the company announced its preliminary Q4 results, expecting revenue to come in at $1.66 billion, below the consensus estimate of $1.68 billion.
Taiwan Semi (NYSE:) shares were recently trading nearly 2% higher pre-market today after the company reported its Q4 results, with EPS of $1.82 coming in better than the consensus estimate of $1.78. Revenue was $19.93 billion, compared with the consensus estimate of $20.38 billion.
Ichor (NASDAQ:) shares closed down more than 3% lower after the company announced its preliminary Q4 results expecting revenues to be in the range of $300-$302 million, missing the consensus estimate of $335 million.
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