Streetbeat News

Earnings

ENR

Energizer Holdings (NYSE:ENR) reported Q2 earnings of $40 million, up 18.37% from Q1, while sales dropped 10.59% to $684.1 million. The company posted a return on invested capital (ROIC) of 2.63%, indicating effective capital allocation.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:52 pm

DISH

DISH Network reported Q1 earnings of $243.24 million, a 74.52% increase from Q4, while sales dropped 2.13% to $3.96 billion. The company posted a return on invested capital (ROIC) of 0.82%, indicating effective capital allocation. However, Q1 earnings per share of $0.35 missed analyst predictions of $0.36.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:51 pm

H

Hyatt Hotels (NYSE:H) reported a loss in earnings of $58 million in Q1, while sales increased by 5.79% to $1.68 billion. The company posted a return on invested capital (ROIC) of 1.12%, indicating effective capital allocation.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:50 pm

AR

Antero Resources (NYSE:AR) reported Q1 earnings of $261.20 million, a 67.11% increase from Q4, while sales dropped 32.42% to $1.41 billion. The company posted a Q1 return on invested capital (ROIC) of 3.04%, indicating effective capital allocation.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:49 pm

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