Streetbeat News

Earnings

YEXT

Yext shares rose as the company reported better-than-expected Q2 adjusted EPS and issued FY25 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:18 pm

CULP

Culp reported a Q1 2025 GAAP EPS of $(0.58), missing the estimate of $(0.37), but sales of $56.54M beat the $52.98M estimate.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:17 pm

AVAV

AeroVironment has reaffirmed its fiscal year 2025 revenue guidance of $790 million to $820 million, which is below the estimated $847.696 million. The company also expects adjusted EPS to be between $3.18 and $3.49, slightly below the estimated $3.51.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:17 pm

CHPT

ChargePoint Holdings reported Q2 2025 earnings per share of $(0.16), meeting analyst expectations. However, sales were $109 million, missing the $113.6 million estimate and marking a 27.57% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:16 pm

CXM

Sprinklr has raised its FY25 total revenue forecast to $785M - $787M, surpassing the estimated $780.39M. However, it has lowered its adjusted EPS outlook to $0.32 - $0.33, below the estimated $0.41.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:14 pm

YEXT

Yext has revised its full-year fiscal 2025 revenue outlook to $420-$421 million, surpassing the previous estimate of $395.49 million. The company also projects adjusted EBITDA of $66-$67 million.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:11 pm

AVAV

AeroVironment (NASDAQ:AVAV) reported Q1 2025 earnings of $0.89 per share, surpassing the $0.66 estimate, despite a year-over-year decrease. Sales reached $189.48M, exceeding the $184.71M estimate and marking a significant increase from last year.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:11 pm

VRNT

Verint Systems has provided its financial guidance for FY25, projecting an adjusted EPS of $2.90 at the midpoint, slightly below the estimated $2.91. The company also anticipates revenue of $933 million, with a 2% variance, compared to the estimated $936.171 million.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:09 pm

SPY

The August jobs report is highly anticipated as investors look for signs of recovery in the U.S. labor market after July's weak figures. The July report showed a slowdown in job creation and a rise in unemployment, triggering recession fears. However, analysts from Bank of America and Goldman Sachs suggest that the situation may not indicate a recession, citing temporary factors and predicting a rebound in August. The SPDR S&P 500 ETF Trust (SPY) saw a sell-off following July's report.

Portfolio Pulse from Piero Cingari

September 04, 2024 | 8:09 pm

AI

C3.ai reported better-than-expected Q1 2025 results with an adjusted EPS of $(0.05), beating the estimate of $(0.13), and sales of $87.21M, surpassing the $86.94M estimate. This marks a 20.52% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:09 pm