Streetbeat News

Earnings

MG

MISTRAS Group (NYSE:MG) reported Q1 sales of $168.02 million and a loss of $4.98 million, a 273.63% decrease from last quarter. The company posted a return on invested capital (ROIC) of 0.06%, indicating effective capital allocation. However, Q1 earnings per share of $-0.12 did not meet analyst predictions of $-0.05.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:48 pm

OVID

Ovid Therapeutics (NASDAQ:OVID) reported Q1 sales of $66 thousand and a loss of $13.36 million, a 16.09% decrease from last quarter. The company posted a negative Return on Capital Employed (ROCE) of -0.11%, suggesting inefficient capital allocation. Q1 earnings per share were $-0.19, missing analyst predictions of $-0.17.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:48 pm

CSCO

Cisco Systems (CSCO) reported Q3 revenue of $14.57 billion, beating consensus estimates of $14.39 billion, and an EPS of $1.00, surpassing estimates of $0.97. The company expects Q4 revenue growth of 14%-16% and full-year growth of 10%-10.5%. However, analysts caution against market share loss in the networking industry and a decline in orders.

Portfolio Pulse from Anusuya Lahiri

May 22, 2023 | 2:44 pm

META

YALA

Yalla Group's net margin improved to 27.1% in Q1 as it focuses on low-debt and profitability. The company launched its first hard-core game, 'Age of Legends,' as gaming revenues increase. Yalla's P/E ratio of 8.62 is low compared to Meta and Tencent, and its share price lags the S&P 500.

Portfolio Pulse from The Bamboo Works

May 22, 2023 | 2:37 pm

BA

ESYJY

EXPE

RYAAY

Ryanair reported a near-record annual profit of €1.4 billion, bouncing back from a €355m loss the previous year. The company has spent $40 billion on 300 new aircraft from Boeing and aims to transport 300 million passengers annually by 2034. Despite inflation, European consumers are prioritizing travel.

Portfolio Pulse from Upwallstreet

May 22, 2023 | 2:20 pm

REVB

Revelation Biosciences (NASDAQ:REVB) reported Q1 earnings, beating estimated earnings by 21.54% with an EPS of $-0.51 compared to an estimate of $-0.65. Revenue remained unchanged from the same period last year.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:19 pm

BIMI

BIMI International Medical reported a year-over-year increase in Q1 EPS and sales results, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 2:13 pm

LOW

Lowe's Companies (NYSE:LOW) is set to release its latest quarterly earnings report on Tuesday, 2023-05-23, with analysts estimating an EPS of $3.44. The company's past performance shows a mix of positive and negative price changes following earnings releases. Shares are currently trading at $206.27 and have risen 12.37% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:11 pm

DKS

Dick's Sporting Goods (NYSE:DKS) is set to release its latest quarterly earnings report on May 23, 2023. Analysts estimate an EPS of $3.18. Last quarter, the company beat EPS by $0.05, resulting in a 2.0% share price increase the next day. Shares are currently trading at $126.67 and have risen 77.17% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:11 pm

VIPS

Vipshop Holdings (NYSE:VIPS) is set to release its latest quarterly earnings report on May 23, 2023. Analysts estimate an earnings per share (EPS) of $0.37. The company's stock price has risen 93.08% over the last 52-week period, trading at $14.88 as of May 19.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:10 pm