Streetbeat News

Earnings

CPB

DLTR

HPE

LULU

PVH

Key stocks to watch today include Dollar Tree, Hewlett Packard Enterprise, Campbell Soup Company, PVH Corp., and Lululemon Athletica. Dollar Tree and Campbell Soup are set to report earnings, while Hewlett Packard Enterprise and PVH Corp. have already reported better-than-expected results. Lululemon will report earnings after the closing bell.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 6:30 am

CPB

Top Wall Street analysts have updated their expectations for Campbell Soup Company (NYSE:CPB) ahead of its third-quarter earnings release. Analysts predict earnings of 70 cents per share and revenue of $2.35 billion. The company recently announced strategic plans to revamp its supply chain. Analyst ratings have varied, with some upgrades and price target adjustments.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 6:25 am

LAKE

Lakeland Industries (NASDAQ:LAKE) reported Q1 2025 earnings per share (EPS) of $0.22, missing the analyst estimate of $0.38 by 42.11%. However, the company reported sales of $36.309 million, beating the estimate of $32.450 million by 11.89%.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:56 pm

AAPL

Wedbush analyst Dan Ives considers the upcoming WWDC 2024 as a pivotal event for Apple, Inc. (NASDAQ:AAPL), expecting significant AI-related announcements, including a partnership with OpenAI and the introduction of an AI App Store. These developments are anticipated to drive Apple's next growth cycle, particularly in its Services segment. Ives also predicts the iPhone 16 will feature new AI capabilities, potentially leading to a major upgrade cycle.

Portfolio Pulse from Erica Kollmann

June 04, 2024 | 8:52 pm

SFIX

Stitch Fix, Inc. (NASDAQ:SFIX) shares surged after the company reported better-than-expected Q3 financial results. The company posted a quarterly loss of 18 cents per share, beating the analyst estimate of 24 cents. Quarterly sales were $322.7 million, surpassing the $306.121 million estimate. Despite a decrease in active clients, net revenue per active client increased, and gross margin improved. The company provided a positive outlook for Q4 and full-year revenue.

Portfolio Pulse from Erica Kollmann

June 04, 2024 | 8:49 pm

CRWD

CrowdStrike Holdings Inc (NASDAQ:CRWD) reported strong Q1 fiscal 2025 results, beating both revenue and EPS estimates. The company raised its guidance for the fiscal year, citing exceptional strength and positive momentum.

Portfolio Pulse from Adam Eckert

June 04, 2024 | 8:34 pm

ANET

BHE

CLS

FOXO

GWRE

HKD

HPE

HPQ

RBT

SGN

ZETA

The article highlights the performance of various Information Technology stocks during Tuesday's after-market session. Hewlett Packard (HPE) and Guidewire Software (GWRE) saw significant gains following their earnings reports, while AMTD Digital (HKD) and FOXO Technologies (FOXO) experienced declines.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 8:31 pm

HPE

Hewlett Packard Enterprise Co (NYSE:HPE) reported better-than-expected Q2 financial results, with earnings of 42 cents per share and sales of $7.2 billion, both surpassing analyst estimates. The company saw significant growth in server revenue and AI systems orders, while other segments had mixed results. HPE's outlook for Q3 and the full year remains positive.

Portfolio Pulse from Erica Kollmann

June 04, 2024 | 8:30 pm

GWRE

Guidewire Software shares are trading higher after the company reported better-than-expected Q3 financial results and issued FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:24 pm

PVH

PVH Corp. expects its Q2 2024 revenue to decrease by 6% to 7% year-over-year, with an EPS of approximately $2.25, slightly above the estimated $2.20. The EPS projection includes a negative impact of $0.05 per share due to foreign currency translation.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:23 pm