Streetbeat News

Earnings

CXM

Sprinklr expects Q2 adjusted EPS of $0.04-$0.05, beating the consensus of $0.03, and total revenue of $172M-$174M, in line with the consensus of $172.95M.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 8:19 pm

JOAN

JOANN reported Q1 adjusted EPS of $(0.93), missing the $(0.66) estimate, and sales of $478.10M, missing the $480.61M estimate. This represents a 322.73% increase in losses and a 4.00% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 8:16 pm

GTLB

GitLab (NASDAQ:GTLB) reported Q1 earnings with an EPS of $-0.06, beating estimates by 57.14%. Revenue was up $39.47 million YoY. Last quarter, the company beat EPS estimates by $0.11, followed by a 23.86% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 8:15 pm

CXM

Sprinklr (NYSE:CXM) reported Q1 earnings with an EPS of $0.06, beating estimates by 500.0%. Revenue was up $28.39 million YoY. Last quarter, the company beat EPS estimates by $0.04, followed by a 17.56% increase in share price the next day.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 8:13 pm

HQY

HealthEquity (NASDAQ:HQY) reported Q1 earnings with an EPS of $0.5, beating estimates by 21.95%. Revenue was up $38.75 million from the same period last year.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 8:10 pm

GTLB

GitLab reported Q1 EPS of $(0.06), beating the $(0.14) estimate, and sales of $126.90M, surpassing the $117.78M estimate. This represents a 66.67% increase in EPS and a 45.18% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 8:08 pm

EL

Estée Lauder's Q3 earnings missed estimates, reporting 47 cents per share against a 51 cents estimate, while revenues slightly exceeded expectations at $3.751 billion. Oppenheimer downgraded the company to Perform from Outperform, citing challenges in the Asia travel retail sector and a lowered outlook for fiscal 2023.

Portfolio Pulse from AJ Fabino

June 05, 2023 | 7:51 pm

IOT

Samsara reported better-than-expected Q1 results and raised its FY24 outlook, leading to a surge in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 6:27 pm

EQR

BMO Capital Markets analyst John P. Kim upgraded Equity Residential (NYSE:EQR) to Market Perform from Underperform, with a $64 target price. The new rating reflects resilient U.S. employment data amid peak leasing season. EQR raised its 2023 guidance, and Kim raised estimates for revenues and FFO per share.

Portfolio Pulse from Lekha Gupta

June 05, 2023 | 6:19 pm

PRTG

Portage Biotech Inc. (NASDAQ:PRTG) shares are up after reporting updated interim data from the Phase 1 trial of its lead iNKT cell engager, PORT-2 (IMM60), at the 2023 ASCO Annual Meeting. The data showed early evidence of single agent activity with a reduction of several target lesions. Portage plans to expand the Phase 1 trial after encouraging safety and tolerability data.

Portfolio Pulse from Ryan Gustafson

June 05, 2023 | 5:42 pm