Streetbeat News

Earnings

PLCE

Children's Place reported worse-than-expected Q1 financial results and issued FY23 adjusted EPS and revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:42 pm

GCT

GigaCloud Technology reported a year-over-year increase in Q1 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:35 pm

AMZN

CSCO

HCA

CNBC's 'Halftime Report Final Trades' featured analysts discussing HCA Healthcare's acquisition of 41 urgent care centers from FastMed, Cisco Systems' better-than-expected Q3 earnings, and Amazon's support for small and medium-sized businesses in the US. HCA, Cisco, and Amazon stocks were mentioned.

Portfolio Pulse from Priya Nigam

May 24, 2023 | 12:30 pm

ANF

Abercrombie & Fitch reported better-than-expected Q1 sales results, leading to a rise in its share price. The company also raised its FY23 net sales growth guidance and operating margin guidance.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:28 pm

AEO

American Eagle Outfitters shares are trading higher due to strength in the retail sector following positive quarterly results from other retail companies. The company is set to report its Q1 financial results today after the close.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:25 pm

ANF

Abercrombie & Fitch Co (NYSE:ANF) reported Q1 FY23 sales growth of 3% YoY to $835.99 million, beating analyst estimates of $814.53 million. Adjusted EPS of $0.39 also surpassed the consensus of $(0.05). The company raised its FY23 net sales growth guidance from 1%-3% to 2%-4% and operating margin guidance from 4%-5% to 5%-6%.

Portfolio Pulse from Shivani Kumaresan

May 24, 2023 | 12:23 pm

VFC

V.F. Corporation (NYSE:VFC) reported better-than-expected Q4 earnings of 17 cents per share, beating estimates of 14 cents per share, with sales of $2.74 billion. However, several analysts cut their price targets on the stock following the announcement.

Portfolio Pulse from Lisa Levin

May 24, 2023 | 12:23 pm

XPEV

Xpeng reported worse-than-expected Q1 financial results and issued Q2 revenue guidance below estimates, expecting a year-over-year decrease in Q2 vehicle deliveries.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:22 pm

KSS

Kohl's reported better-than-expected Q1 total revenue results and reaffirmed its FY23 outlook, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:18 pm