Streetbeat News

Earnings

STAF

Staffing 360 Solutions (NASDAQ:STAF) reported Q4 sales of $69.58 million, missing the analyst consensus estimate of $76.24 million by 8.73%. However, this is a 37% increase over sales of $50.79 million in the same period last year.

Portfolio Pulse from Happy Mohamed

May 22, 2023 | 12:29 pm

LUXH

LuxUrban Hotels (NASDAQ:LUXH) has increased its 2023 EBITDA forecast to $25M-$30M from $21M-$25M and initiated 2024 net rental revenue and EBITDA guidance of $220M-$240M and $48M-$60M, respectively. This follows an agreement with pre-IPO investors eliminating $87.5M in revenue share payments in exchange for 6,740,000 shares.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:28 pm

SPI

SPI Energy reported Q1 losses of $(0.31) per share, a 14.81% decrease YoY, while sales increased 24.30% to $47.90 million compared to $38.53 million last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:25 pm

ZIM

ZIM Integrated Shipping reported a year-over-year decrease in Q1 EPS results and worse-than-expected Q1 sales results, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:16 pm

DE

Deere & Company reported better-than-expected Q2 financial results with net sales and revenue growth of 30% YoY to $17.39 billion. However, several analysts cut their price targets on Deere following the earnings announcement.

Portfolio Pulse from Lisa Levin

May 22, 2023 | 12:16 pm

GLBE

Global-E Online reported Q1 financial results and issued guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:15 pm

YMM

Full Truck Alliance reported better-than-expected Q1 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 11:39 am

FL

Foot Locker reported a decline in Q1 FY23 sales by 11.4% YoY to $1.93 billion, missing analyst estimates of $1.99 billion. Adjusted EPS of $0.70 also missed the consensus of $0.81. Following the downbeat earnings, several analysts cut their price targets on the stock.

Portfolio Pulse from Lisa Levin

May 22, 2023 | 11:37 am

GLBE

Global E Online (NASDAQ:GLBE) reported Q1 earnings with an EPS of $-0.26, beating estimates by 10.34%. Revenue increased by $41.31 million compared to the same period last year.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 11:10 am

OCFT

OneConnect Financial Tech (NYSE:OCFT) reported Q1 earnings, beating estimated earnings by 17.17% with an EPS of $-0.439 compared to an estimate of $-0.53. However, revenue was down $25.17 million from the same period last year.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 11:10 am