Streetbeat News

Earnings

YY

JOYY reported Q1 adjusted earnings per ADS of $0.64, beating the $0.34 estimate by 88.24%, and sales of $583.60M, beating the $564.68M estimate by 3.35%. However, sales decreased by 6.44% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:48 am

AAP

CPRI

CRM

HPQ

SPWH

Advance Auto Parts, Salesforce, HP Inc., Sportsman's Warehouse Holdings, and Capri Holdings are stocks to watch on Wednesday. Advance Auto Parts and Capri Holdings are expected to post earnings before the opening bell, while Salesforce will release earnings after the market closes. HP Inc. reported better-than-expected earnings but missed sales expectations, and Sportsman's Warehouse posted a wider-than-expected loss and issued a weak forecast.

Portfolio Pulse from Lisa Levin

May 31, 2023 | 8:39 am

TATT

TAT Techs reported Q1 earnings of $0.07 per share, a 143.53% increase YoY, and sales of $25.22M, a 26.38% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 7:55 am

AAP

CPRI

CRM

NVDA

Investor optimism declines as the Dow Jones settles lower due to concerns over the debt ceiling deal and potential rate increases. NVIDIA shares gained 3% after announcing the Israel-1 generative AI cloud supercomputer. Earnings results from Advance Auto Parts, Salesforce, and Capri Holdings are awaited.

Portfolio Pulse from Lisa Levin

May 31, 2023 | 6:06 am

AI

AMBA

HPE

TGT

TSLA

Investors are focusing on Tesla, C3.ai, Target, Ambarella, and Hewlett Packard stocks due to recent events. Tesla's Elon Musk visited China, C3.ai is set to report earnings, Target faces a boycott, Ambarella issued a weak Q2 forecast, and Hewlett Packard missed revenue estimates.

Portfolio Pulse from Bhavik Nair

May 31, 2023 | 1:16 am

API

Agora (NASDAQ:API) reported Q1 adjusted losses of $(0.09) per ADS, beating the $(0.14) estimate by 35.71%. Sales reached $36.44M, surpassing the $36.25M estimate by 0.53%. However, sales decreased by 5.55% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 10:10 pm

XNCR

Xencor has reported positive results from its Phase 1a single-ascending dose study of XmAb 564 in healthy volunteers, showing that the engineered IL2-Fc cytokine is well-tolerated. The company is enrolling patients for the Phase 1b study in atopic dermatitis and psoriasis, with dose escalation completion expected in early 2024.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 10:08 pm

BEST

BEST Inc. (NYSE:BEST) reported Q1 adjusted EPS of $(1.71) and sales of $249.80 million.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 10:04 pm

THCH

TH International (NASDAQ:THCH) reported Q1 adjusted losses of $(0.12) per share and sales of $48.99 million.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 9:33 pm

UHAL

U-Haul Holding (NYSE:UHAL) reported Q4 earnings with an EPS of $0.16, missing estimates by 68.0%. Revenue was down $9 million from the same period last year. The company has a history of missing EPS estimates.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 9:31 pm