Streetbeat News

Earnings

XYF

X Financial (XYF) expects its Q2 total loan amount facilitated and originated to be between RMB 23.0 billion and RMB 24.5 billion. For the full year of 2024, the company projects a total loan amount between RMB 90 billion and RMB 110 billion.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 9:02 pm

ZS

Zscaler Inc (NASDAQ:ZS) reported strong fiscal third-quarter results, with revenue and earnings per share (EPS) exceeding estimates. The company saw a 32% year-over-year increase in revenue to $553.2 million and adjusted EPS of 88 cents, beating analyst estimates. Zscaler's calculated billings grew 30% year-over-year, and the company ended the quarter with $2.24 billion in cash and equivalents. The company provided positive guidance for the fourth quarter and full year, driving a 14.62% increase in its share price after hours.

Portfolio Pulse from Adam Eckert

May 30, 2024 | 9:01 pm

AMLI

American Lithium (NASDAQ:AMLI) reported a Q4 EPS loss of $(0.02), an improvement from the $(0.04) loss per share in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:59 pm

XYF

X Financial reported its Q1 adjusted EPADS of $0.91 and sales of $167.30 million, up from $146.33 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:54 pm

CCB

CFFN

FFIC

IBTX

KRE

NBHC

NYCB

SASR

SNV

TFSL

WAL

Regional bank stocks, as tracked by the SPDR S&P Regional Banking ETF (NYSE:KRE), remain 13% lower than pre-SVB collapse levels. Despite a resilient first quarter for community banks, investor sentiment has not fully recovered. The FDIC reported a significant increase in net income for the banking industry, driven by reduced expenses and better securities sales. Top-performing regional bank stocks in May include Independent Bank Group, New York Community Bancorp, and Flushing Financial Corporation.

Portfolio Pulse from Piero Cingari

May 30, 2024 | 8:53 pm

DELL

Dell Technologies expects its gross margin rate to decline by approximately 150 basis points, as reported by Reuters citing a conference call.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:50 pm

PKE

Park Aerospace (NYSE:PKE) reported a 10% increase in Q4 adjusted earnings per share (EPS) to $0.11, up from $0.10 YoY. Sales also rose by 20.72% to $16.33 million, compared to $13.53 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:50 pm

GME

GameStop will report its Q1 Fiscal 2024 results after the market closes on Tuesday, June 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:49 pm

NXTC

NextCure, Inc. (NASDAQ:NXTC) will present Phase 1b data on the combination of NC410 and pembrolizumab at the ASCO 2024 Annual Meeting. The trial showed promising results in MSS/MSI-L CRC and ovarian cancer patients, with notable disease control rates.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:43 pm

YTRA

Yatra Online reported a Q4 revenue of $12.9 million, which is a 10.2% decrease year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:38 pm