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Analyst Ratings

CWAN

Clearwater Analytics Hldg (NYSE:CWAN) reported Q3 earnings of $0.09 per share, beating the analyst consensus estimate of $0.08 by 12.5%. The company also reported quarterly sales of $94.66 million, surpassing the analyst consensus estimate of $92.17 million by 2.70%. Both earnings and sales have increased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:53 pm

CYBN

Cybin Inc. (NYSE:CYBN) has shared interim results from its Phase 2 study of psilocybin analog CYB003 on Major Depressive Disorder (MDD). The results showed a significant reduction in depression symptoms three weeks after a single 12mg dose. The company also plans to share topline Phase 1 data for its proprietary deuterated DMT compounds, CYB004 and SPL028, before the end of the year. The stock price rose following the announcement of the interim results.

Portfolio Pulse from Lara Goldstein

November 01, 2023 | 8:51 pm

GKOS

Glaukos (NYSE:GKOS) reported Q3 adjusted losses of $(0.50) per share, beating the analyst consensus estimate of $(0.55) by 9.09%. The company also reported quarterly sales of $78.05 million, surpassing the analyst consensus estimate of $75.25 million by 3.72%. However, this represents an 11.11% decrease in losses and a 9.51% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:51 pm

VMW

VMware Inc.'s (NYSE:VMW) share price is currently at $146.14, after a 0.34% increase. Over the past month, the stock fell by 12.00%, but in the past year, it spiked by 33.86%. The company's P/E ratio is lower than the aggregate P/E of the Software industry, indicating that the stock might be undervalued. However, a low P/E ratio can also suggest weak growth prospects or financial instability.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 8:45 pm

PYPL

PayPal Holdings (NASDAQ:PYPL) reported Q3 revenue of $7.4 billion, up 8% YoY, beating the Street consensus estimate of $7.38 billion. EPS was $1.30, up 20% YoY, beating the estimate of $1.23. Total payment volume was $387.7 billion, up 13% YoY. The company ended the quarter with 428 million total active accounts, down from 432 million YoY. PayPal also announced the appointment of Jamie Miller as CFO effective Nov. 6. The company's guidance for Q4 revenue is to be up 6% to 7% YoY.

Portfolio Pulse from Chris Katje

November 01, 2023 | 8:43 pm

PTVE

Pactiv Evergreen (NASDAQ:PTVE) reported Q3 2023 earnings of $0.32 per share, beating the analyst consensus estimate of $0.20 by 60%. However, this is a 67.35% decrease from the same period last year. The company's quarterly sales of $1.38 billion missed the analyst consensus estimate of $1.39 billion by 0.79%, marking a 14.29% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

November 01, 2023 | 8:29 pm

FORM

FormFactor (NASDAQ:FORM) reported Q3 earnings of $0.22 per share, beating the analyst consensus estimate of $0.17 by 29.41%. However, this is an 8.33% decrease from the same period last year. The company also reported quarterly sales of $171.60 million, beating the estimate of $167.02 million by 2.74%, but this is a 5.12% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:29 pm

SP

SP Plus (NASDAQ:SP) reported Q3 2023 earnings of $0.79 per share, beating the analyst consensus estimate of $0.73 by 8.22%. However, this is a 1.25% decrease from the same period last year. The company also reported quarterly sales of $228.40 million, surpassing the analyst consensus estimate of $219.54 million by 4.04%, but this is a 43.52% decrease from the same period last year.

Portfolio Pulse from saritha@benzinga.com

November 01, 2023 | 8:29 pm

NYMT

New York Mortgage Trust (NASDAQ:NYMT) reported Q3 2023 losses of $(1.04) per share, missing the analyst consensus estimate of $0.10 by 1140 percent. The company also reported quarterly sales of $16.79 million, missing the analyst consensus estimate of $18.62 million by 9.83 percent.

Portfolio Pulse from saritha@benzinga.com

November 01, 2023 | 8:27 pm

TRMB

Piper Sandler analyst Clarke Jeffries has maintained a Neutral rating on Trimble (NASDAQ:TRMB) and lowered the price target from $51 to $42.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:27 pm