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Earnings

AAPL

AMZN

ATVI

MSFT

NVDA

Nvidia shares soared 26% after strong Q1 results and AI-powered guidance, bringing its market value close to $1 trillion. Q1 revenue was $7.19 billion, beating expectations, with data center revenue rising 14% YoY to $4.28 billion. Gaming division revenue dropped 38% YoY but still exceeded expectations. The company expects Q2 revenue to grow 64% YoY to $11 billion.

Portfolio Pulse from Upwallstreet

May 25, 2023 | 2:48 pm

AAL

JBLU

An American Airlines executive stated that the court ruling on the Northeast Alliance with JetBlue could have an impact in New York, but it is not expected to be very material to the company's earnings.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 2:43 pm

BURL

Burlington Stores reported Q1 FY23 sales growth of 11% YoY to $2.13 billion, missing the consensus of $2.17 billion. Comparable store sales increased by 4%. Adjusted EPS of $0.84 missed the analyst consensus of $0.92. The company reiterated its FY23 guidance.

Portfolio Pulse from Shivani Kumaresan

May 25, 2023 | 2:42 pm

NIO

NIO shares are trading lower by 3.41% due to weak financial results and guidance from Chinese EV-maker XPeng. Surging COVID cases in China and a Barclays downgrade of XPeng also contribute to the decline.

Portfolio Pulse from Henry Khederian

May 25, 2023 | 2:38 pm

GCO

Genesco Inc (NYSE:GCO) reported Q1 sales of $483 million, down 7% Y/Y, driven by decreased store sales in Journeys Group, decreased wholesale sales, and foreign exchange pressure. Adjusted EPS loss was ($1.59), a shift from income of $0.44 a year ago. The company lowered its Fiscal 2024 guidance, expecting sales to fall 4-5% and adjusted EPS of $2.00-$2.50, almost half from prior guidance.

Portfolio Pulse from Vandana Singh

May 25, 2023 | 2:29 pm

TITN

Titan Machinery shares are plunging after reporting Q1 FY24 results, warning about fluctuations between quarters due to equipment shipment timeliness and supply chain constraints. The company beat EPS consensus but missed revenue consensus. Titan reiterated its FY24 outlook.

Portfolio Pulse from Nabaparna Bhattacharya

May 25, 2023 | 2:20 pm

PLTR

Palantir Technologies (NYSE:PLTR) stock is trading up in the $13 range after breaking up from a bull flag on May 17. Ark Invest has been purchasing shares since the company's better-than-expected quarterly earnings on May 8. Palantir's inside bar pattern leans bullish, and if it closes near the $14 mark, a new 52-week high could be established.

Portfolio Pulse from Melanie Schaffer

May 25, 2023 | 2:19 pm

VBLT

Vascular Biogenics (NASDAQ:VBLT) is set to release its latest quarterly earnings report on Friday, 2023-05-26, with analysts estimating an EPS of $-0.15. The company's historical earnings performance shows mixed results, and its stock is down 89.01% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:11 pm

KNOP

KNOT Offshore Partners (NYSE:KNOP) is set to release its latest quarterly earnings report on May 26, 2023. Analysts estimate an EPS of $0.05. The company's past performance shows mixed results, with shares down 71.28% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:10 pm

FBIO

Fortress Biotech (NASDAQ:FBIO) is set to release its latest quarterly earnings report on Friday, 2023-05-26, with analysts estimating an EPS of $-0.20. The company's past earnings performance has resulted in share price changes, and its stock is currently down 44.89% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:10 pm