Streetbeat News

Earnings

S

SentinelOne is rapidly scaling in the cybersecurity sector with its AI-driven endpoint security. It is expected to achieve positive EBITDA and cash flow by 2025, outpacing peers like Palo Alto and CrowdStrike. The company's valuation is considered inexpensive at a 1.0x PEG ratio.

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December 06, 2024 | 8:45 am

CELH

LULU

Celsius Holdings and Lululemon Athletica have seen their stock prices decline due to a weak retail environment and disappointing financial results. They are considered 'fallen angel' stocks worth buying now.

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December 06, 2024 | 8:30 am

CRM

Salesforce's revenue growth is slowing due to competition from AI-driven sales tools, affecting margins and market share. Despite a 35% stock price rise, its premium P/E ratio is seen as unjustified due to growth deceleration and negative earnings revisions. CEO Marc Benioff's optimism about AI agents is questioned as the AI sales-tech space becomes commoditized.

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December 06, 2024 | 8:30 am

CULP

Culp, Inc. held its Q2 2025 earnings call, discussing financial results and company updates. Key participants included the CEO, CFO, and division presidents.

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December 06, 2024 | 8:00 am

MT

ArcelorMittal has announced its financial calendar for 2025, detailing the dates for its earnings results announcements and Annual General Meeting. The company is a leading steel and mining firm with operations in multiple countries.

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December 06, 2024 | 7:45 am

LULU

Lululemon's Q3 2024 earnings reveal a positive outlook despite market skepticism. The company shows strong performance in China, contrasting with other brands struggling in the region.

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December 06, 2024 | 7:30 am

VEEV

Veeva Systems reports strong Q3 growth with a 13.4% increase in revenue and a 30% rise in adjusted operating income, driven by successful Vault CRM migration and new customer acquisitions. The company is expanding AI offerings within Vault CRM, enhancing customer experience and retention. Veeva's FY25 revenue growth is projected at over 15%, with a one-year target price of $270 per share.

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December 06, 2024 | 5:30 am

LHX

L3Harris Technologies is focusing on becoming a pure defense technology company through strategic acquisitions and partnerships. The company aims for $1 billion in cost savings and has shown 5% organic growth in revenue and adjusted EPS, with a strong future outlook.

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December 06, 2024 | 5:15 am

EIG

Employers Holdings has demonstrated strong profitability post-pandemic, driven by reduced expenses and increased premiums. The company maintains a solid combined ratio and has seen significant growth in net operating profit and ROIC, making it an attractive investment.

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December 06, 2024 | 4:45 am

SMAR

Smartsheet (SMAR) has released its Q3 earnings report for the quarter ended October 2024. Investors are analyzing how its key metrics compare to Wall Street estimates and year-ago values.

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December 06, 2024 | 4:45 am