Earnings Preview: SGH, SLP, STZ, GBX

By Duncan Ferris


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This week’s company earnings include SMART Global Holdings (NASDAQ: SGH), Simulations Plus (NASDAQ: SLP), Constellation Brands Inc (NYSE: STZ) and Greenbrier Companies (NYSE: GBX).

Photo by Bernd Dittrich on Unsplash

Here are some of the key earnings updates to look forward to this week:

SMART Global Holdings (NASDAQ: SGH)

SMART Global Holdings (NASDAQ: SGH) is set to release its first quarter earnings on Tuesday 3 January. Following this, the company will make a conference call and webcast

after market close beginning at 1:30 p.m. Pacific Standard Time and 4:30 p.m. Eastern Standard Time. 

What Does SMART Global Holdings Do?

SMART Global Holdings is a specialist in providing computing, memory and LED lighting solutions.

The company began life in its previous iteration as Smart Modular Technologies back in 1988, with the business joining the NASDAQ in 1995. The company became SMART Global Holdings in 2011, following the original business’ purchase by Silver Lake Partners. The new business then went public in 2017 through a $167m IPO.

The business is expected to post quarterly earnings at $0.57 per share on revenue of $447.7m for its first quarter.

Simulations Plus (NASDAQ: SLP)

Simulations Plus (NASDAQ: SLP) is scheduled to release its first quarter earnings for 2023 on Wednesday 4 January, while its conference call will follow the release at 5 p.m. Eastern Standard Time.

What Does Simulations Plus Do?

The company operates in the biosimulation market providing software and consulting services supporting drug discovery, development, research and regulatory submissions.

The business seeks to offer solutions that bridge machine learning, physiologically based pharmacokinetics, quantitative systems pharmacology/toxicology and population PK/PD modeling approaches. Its technology is licensed and applied by major pharmaceutical, biotechnology and regulatory agencies worldwide.

Simulations Plus is expected to report quarterly revenue of $12.4m and earnings per share of $0.12, according to Zacks Consensus Estimates.

Constellation Brands Inc (NYSE: STZ)

Constellation Brands Inc (NYSE: STZ) is on track to release its third quarter earnings for 2023 on Thursday 5 January. Following the release, the business will host a conference call at 10:30 a.m. ET. 

What Does Constellation Brands Do?

The company is an international producer and marketer of beer, wine, and spirits with operations in the US, Mexico, New Zealand and Italy.

Constellation Brands’ imported beer brands include Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico. The business also produces wine and spirits under brands such as The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila and High West Whiskey.

Zacks Consensus Estimate has the company’s third quarter revenues pegged at $2.39bn and earnings of $2.89 per share.

Greenbrier Companies (NYSE: GBX)

Greenbrier Companies (NYSE: GBX) will publish its results for the three-month period ended 30 November on Friday 6 January. This will be followed by a conference call at 8.00 am PDT.

What Does Greenbrier Companies Do?

The company is an international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars and marine barges in North America, Europe and Brazil.

The business also provides freight railcar wheel services, parts, maintenance and retrofitting services in North America.

Greenbrier manages 408,000 railcars and offers railcar management, regulatory compliance services and leasing services to railroads and other railcars owners in North America. Meanwhile, in conjunction with its GBX Leasing subsidiary, it owns a lease fleet of approximately 12,200 railcars. 

Zacks Consensus Estimates have the company’s revenue from its upcoming update coming in at $736.8m and earnings per share amounting to $0.47.

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If you liked our earnings preview, read our IPO coverage next.


In this article:

Author: Duncan Ferris

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Duncan Ferris does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above article.

Duncan Ferris has not been paid to produce this piece by the company or companies mentioned above.

Digitonic Ltd, the owner of ValueTheMarkets.com, does not hold a position or positions in the stock(s) and/or financial instrument(s) mentioned in the above article.

Digitonic Ltd, the owner of ValueTheMarkets.com, has not been paid for the production of this piece by the company or companies mentioned above.

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