Streetbeat News

Earnings

REX

REX American Resources Corp reported Q1 2023 net sales and revenue of $212.7 million, up 9.5% Y/Y, beating the consensus of $183 million. The increase was driven by higher sales of ethanol, dried distillers grains, and distillers corn oil, as well as increased selling prices. Gross profit rose 26.2% Y/Y to $15 million, and EPS of $0.30 beat the consensus of $0.08. REX shares are trading higher by 12.2% at $35.14.

Portfolio Pulse from Lekha Gupta

May 25, 2023 | 5:09 pm

DAO

Youdao shares are trading lower after the company reported worse-than-expected adjusted EPADS results.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 5:06 pm

TITN

Titan Machinery shares are trading lower after reporting worse-than-expected revenue results. The company also reiterated its FY24 EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 4:57 pm

APP

APPS

META

TTD

U

Digital Turbine reported a 24% YoY revenue decline in Q4, beating consensus but missing adjusted EPS estimates. Analysts have mixed ratings and lowered price targets for the stock, which is trading lower. The company's business model has low visibility and is lagging behind competitors like Meta Platforms, Applovin, The Trade Desk, and Unity Software.

Portfolio Pulse from Anusuya Lahiri

May 25, 2023 | 4:54 pm

AMWD

American Woodmark Corporation reported better-than-expected Q4 financial results and issued guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 4:39 pm

GES

Guess? reported better-than-expected Q1 financial results and issued positive Q2 and FY24 EPS guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 4:38 pm

MOD

Modine Manufacturing Company reported better-than-expected Q4 financial results, leading to a surge in its share prices.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 4:38 pm

REX

Rex American Resources reported better-than-expected Q1 financial results, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 4:37 pm

ZUO

Zuora reported a YoY increase in Q1 EPS and better-than-expected Q1 revenue results, leading to a rise in its share price. The company also issued Q2 and FY24 EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 4:37 pm

NVDA

SJIM

SPY

Nvidia Corporation (NASDAQ:NVDA) reported strong Q1 financial results, beating analysts' estimates and raising price targets. CNBC host Jim Cramer, who named his dog after the company in 2017, has been bullish on Nvidia for years. A $1,000 investment in NVDA shares at that time would be worth $9,518.33 today, representing a return of 851.8%.

Portfolio Pulse from Chris Katje

May 25, 2023 | 4:32 pm