Streetbeat News

Earnings

COST

NVNO

SCHL

TVTX

Costco reported strong earnings but missed sales expectations, causing a slight drop in share price. Scholastic exceeded earnings and sales estimates, leading to a share price increase. enVVeno Medical announced a public offering, resulting in a significant share price drop. Travere Therapeutics paused a study, causing a share price decline.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 7:17 am

CCL

Carnival Corporation (NYSE:CCL) is set to release its Q3 earnings on September 30, with expectations of $1.16 EPS and $7.83 billion in revenue. Recent analyst ratings show a positive outlook, with several analysts raising their price targets. Carnival's shares recently rose by 3.6%.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 7:11 am

SCHL

Scholastic (NASDAQ:SCHL) reported better-than-expected Q1 2025 results with an adjusted EPS of $(2.13), beating the estimate of $(2.48), and sales of $237.2M, surpassing the $233.488M estimate. Sales increased by 3.81% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 5:15 am

BABA

BB

COST

JD

TSLA

U.S. markets closed higher with notable stock movements: Alibaba surged 10.07% due to its AI initiatives, Costco fell 0.77% despite beating EPS estimates, BlackBerry rose 6.28% on strong earnings, JD.com jumped 14.39% after China's stimulus, and Tesla dropped 1.09% ahead of its robotaxi event.

Portfolio Pulse from Benzinga Neuro

September 27, 2024 | 2:54 am

ASTL

Algoma Steel anticipates Q2 steel shipments between 510,000 to 520,000 tons, with operations meeting expectations despite challenging market conditions.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:32 pm

BB

BlackBerry reported better-than-expected Q2 earnings with revenue of $145 million, driven by growth in IoT and Cybersecurity. The company achieved breakeven adjusted EPS and reduced operating expenses by 24%. BlackBerry expects continued growth in Q3.

Portfolio Pulse from Adam Eckert

September 26, 2024 | 9:32 pm

BB

BlackBerry has revised its FY25 revenue forecast to a range of $591M - $616M, slightly up from the previous lower bound of $586M. The adjusted EPS guidance has been updated to a range of $(0.05) - $(0.02), compared to the previous $(0.03) - $(0.07).

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:15 pm

BB

BlackBerry has announced its expected Q3 revenue to be between $146 million and $154 million, with an adjusted basic EPS ranging from $(0.01) to $0.01.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:12 pm

PYFRF

Payfare has withdrawn its 2024 financial guidance for revenue and earnings as it establishes a transition plan with DoorDash, set to begin in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:10 pm

BB

BlackBerry reported Q2 2025 earnings of $0.00 per share, beating the estimate of $(0.03) and showing a significant improvement from last year's $(0.04) per share. Sales were $145 million, surpassing the $141.42 million estimate and marking a 9.85% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 9:08 pm