Streetbeat News

Earnings

KC

Kingsoft Cloud Holdings (KC) expects Q2 revenue to be between $270.4M and $292.3M, compared to the consensus estimate of $282.89M.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:29 am

KC

Kingsoft Cloud Holdings (NASDAQ:KC) reported Q1 adjusted EPADS of $(0.26), missing the $(0.23) estimate, and sales of $271.48M, missing the $282.80M estimate. This represents an 11.38% increase in losses and a 20.83% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:26 am

IHS

IHS Holding (NYSE:IHS) reported Q1 earnings with an EPS of $0.03, missing estimates by 83.33%. Revenue was up $156.40 million YoY. Last quarter, the company missed EPS by $0.86, followed by a 3.63% increase in share price the next day.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 10:25 am

VIPS

Vipshop Holdings Limited (NYSE:VIPS) reported Q1 FY23 revenue growth of 9.1% YoY to $4.00 billion, beating the consensus of $3.72 billion. The company's GMV increased by 14% YoY, and active customers grew by 4% YoY. Vipshop expanded its share buyback by $500 million and appointed Mark Wang as its new CFO.

Portfolio Pulse from Anusuya Lahiri

May 23, 2023 | 10:22 am

IHS

IHS Holding has reiterated its 2023 guidance, projecting revenues of $2.19B-$2.22B and adjusted EBITDA of $1.20B-$1.22B.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:13 am

ZEPP

Zepp Health (NYSE:ZEPP) reported Q1 earnings with an EPS of $-0.27, missing estimates by 1250.0%. Revenue was down $25.48 million from the same period last year.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 10:10 am

LOW

Lowe's Companies (NYSE:LOW) reported Q1 earnings of $3.67 per share, beating estimates by 6.69%. However, revenue was down $1.31 billion compared to the same period last year.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 10:06 am

IHS

IHS Holding reported Q1 earnings of $0.03 per share, a 40% decrease from $0.05 per share last year. Quarterly sales were $602.53 million, beating the analyst consensus estimate of $569.97 million by 5.71% and a 35.06% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:06 am

ZEPP

Zepp Health Corp anticipates Q2 revenue to be in the range of $95 million to $124.23 million.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:05 am

LOW

Lowe's has lowered its FY23 outlook, with revenue now expected to be $87B-$89B, down from the previous estimate of $88B-$90B. EPS is also reduced to $13.20-$13.60, compared to the prior range of $13.60-$14.00. Comparable sales are expected to decline by 2%-4%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:04 am