Streetbeat News

Earnings

PLAY

Dave & Buster's Entertainment reported better-than-expected Q1 EPS results, leading to multiple firms raising their respective price targets for the company.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 5:18 pm

CPB

Campbell Soup Company reported lower-than-expected Q3 revenue results and reaffirmed FY23 guidance with adjusted EPS below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 5:07 pm

WBD

Warner Bros. Discovery (WBD) sees a sweep of 1,191 July 21 $15 call options near the ask price at $0.25, compared to 24,332 open interest. Earnings are estimated to be released on August 3 after market close.

Portfolio Pulse from Charles Gross

June 07, 2023 | 4:49 pm

YEXT

Yext shares are trading higher after reporting better-than-expected Q1 financial results and issuing Q2 and FY24 guidance above estimates. Roth MKM upgraded the stock from Neutral to Buy.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 4:42 pm

GIII

G-III Apparel Group shares are trading lower due to potential profit-taking after the company reported strong earnings on Tuesday.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 4:30 pm

NIO

NIO Inc's shares are trading lower by 2.29% to $7.69, potentially due to anticipation of the company's Q1 earnings report on Friday and lackluster export data from China. China's Customs Bureau data showed a 7.5% YoY decline in May exports, and imports contracted by 4.5%.

Portfolio Pulse from Henry Khederian

June 07, 2023 | 4:24 pm

FVRR

Fiverr Intl has an option alert for Jul 21 $30 calls at the ask price of $1.8 with 220 contracts vs 1940 open interest. Earnings are expected on 8/3 before the market opens.

Portfolio Pulse from Charles Gross

June 07, 2023 | 4:09 pm

VRA

Vera Bradley reported a Q1 FY24 revenue decline of 4.2% YoY to $94.36 million, missing the consensus of $99.67 million. Adjusted EPS was $(0.09) loss, beating the estimate of $(0.20) loss. The company raised its FY24 EPS guidance and maintained its revenue guidance. VRA shares are trading higher by 19.3% at $6.25.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2023 | 4:08 pm

CVGW

Calavo Growers reported worse-than-expected Q2 financial results and issued guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 4:03 pm

SPY

The June 2023 OECD Economic Outlook shows signs of global economic improvement, with global GDP growth expected to reach 2.7% in 2023 and 2.9% in 2024. Lower energy prices and China's early reopening have contributed to the growth, but core inflation and high debt levels remain concerns. The report includes revised growth projections for major economies, including the US, EU, China, UK, and Japan.

Portfolio Pulse from Piero Cingari

June 07, 2023 | 4:02 pm