Streetbeat News

Earnings

ULTA

Ulta Beauty has raised its fiscal 2023 revenue outlook from $10.95B-$11.05B to $11B-$11.1B, slightly below the $11.12B estimate. Other financial metrics, such as comparable sales, new stores, and share repurchases, remain unchanged.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 8:09 pm

MRVL

Marvell Technology forecasts Q2 adjusted EPS of $0.27-$0.37, beating the estimated $0.31, and net revenue of $1.33B +/- 5%, higher than the $1.31B estimate.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:09 pm

RH

RH has lowered its FY23 adjusted operating margin guidance to 14.5%-15.5%.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:08 pm

ME

23andMe Holding reported Q4 losses of $(0.14) per share, beating the $(0.16) estimate, and sales of $92.38M, surpassing the $88.40M estimate. However, sales decreased by 8.14% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:08 pm

DECK

Deckers Outdoor reported Q4 earnings of $3.46 per share, a 37.85% increase YoY, and sales of $791.60M, beating estimates by 10.22% and increasing 7.55% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:08 pm

MRVL

Marvell Tech (NASDAQ:MRVL) reported Q1 earnings of $0.31 per share, beating the $0.29 estimate, and sales of $1.32B, beating the $1.30B estimate. However, this represents a decrease in earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:07 pm

ULTA

Ulta Beauty reported Q1 earnings of $6.88 per share, beating the analyst consensus estimate of $6.87 by 0.15%. Sales reached $2.63B, surpassing the $2.62B estimate by 0.55%. Both earnings and sales increased compared to the same period last year.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 8:06 pm

RH

RH reported Q1 earnings of $2.21 per share, beating the analyst consensus estimate of $2.09 by 5.74%. Quarterly sales were $739.16M, surpassing the estimate of $726.57M by 1.73%. However, this represents a 71.59% decrease in earnings and a 22.79% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:06 pm

WDAY

Workday (NASDAQ:WDAY) reported Q1 earnings with an EPS of $1.31, beating estimates by 16.96%. Revenue was up $249 million YoY. Last quarter, the company beat EPS estimates by $0.08, resulting in a 0.29% share price increase the next day.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 8:06 pm

ADSK

Autodesk (NASDAQ:ADSK) reported Q1 earnings with in-line EPS of $1.55 and revenue up $99 million YoY. Last quarter, the company beat EPS estimates by $0.05, followed by a 12.95% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 8:06 pm