Cincinnati Earnings Roundup: Part 2

How Cincinnati-based companies fared in the earnings confessional

Deputy Editor
Jun 22, 2023 at 3:36 PM
facebook X logo linkedin

The latest earnings season has come and gone. Given our headquarters is based in Cincinnati, Ohio we figured it would be fun to honor the local flavor and shed some light on how some of our very own Queen City-based companies that recently stepped into the earnings confessional. 

Starting off with the heaviest hitter, Kroger Co (NYSE:KR) announced its first-quarter results ahead of the open on June 15. The grocer reaffirmed its full-year forecast and reported better-than-expected profits of $1.51 per share, but revenue missed estimates.

Kroger stock dropped to its lowest level since March after the event, but pared most of those losses to close 2.7% lower. The following day, no fewer than six analysts slashed their price targets. Still trading around the same price -- $45.97 at last glance -- KR is up 3% in 2023. 

Cintas Corp (NASDAQ:CTAS) has continued to chop higher since its post-earnings bull gap on March 29, following upbeat fiscal third-quarter results and a raised 2023 revenue forecast. Recently hitting a June 16 record high of $497.70, the equity is up 7.7% year-to-date. 

E W Scripps Co (NASDAQ:SSP) announced slightly narrower-than-expected first-quarter losses per share and a revenue miss before the open on May 5. In response, SSP closed 8% higher for its best day since November. Year-to-date, the security is down 40.7%. 

The shares of Medpace Holdings Inc (NASDAQ:MEDP) soared after the biotech concern's better-than-expected first-quarter results, released after the close on April 24, adding 11.2% the following day. MEDP has been climbing since its mid-March lows, and is up 23.8% in the past three months. 


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI