Streetbeat News

Earnings

TOUR

Tuniu Corporation (NASDAQ: TOUR) reported Q1 sales of $14.95 million, up from $9.20 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:03 am

DCI

Donaldson (NYSE:DCI) reported Q3 2024 adjusted EPS of $0.92, beating the estimate of $0.83. Sales were $927.9M, surpassing the $915.836M estimate and showing a 5.96% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:02 am

CORZ

HQY

MLGO

HealthEquity Inc (NASDAQ:HQY) shares rose sharply in pre-market trading after reporting better-than-expected first-quarter financial results and issuing strong FY25 earnings and revenue guidance. Other notable pre-market movers include MicroAlgo Inc (NASDAQ:MLGO), Core Scientific Inc (NASDAQ:CORZ), and Lufax Holding Ltd (NYSE:LU).

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 9:50 am

HTZ

SAVE

Spirit Airlines CFO Scott Haralson will join Hertz Global Holdings as the new finance chief, aiming to lead cost-cutting efforts. Spirit Airlines appoints Brian McMenamy as interim CFO. Hertz faces significant financial challenges, including a higher-than-expected Q1 loss and plans to remove 30,000 electric vehicles from its fleet.

Portfolio Pulse from Anan Ashraf

June 04, 2024 | 8:45 am

BBWI

DCI

GME

HPE

NVDA

Investor sentiment showed some improvement but remained neutral as the Dow fell over 100 points due to weak U.S. manufacturing data. NVIDIA and GameStop saw significant gains, while most sectors on the S&P 500 closed negatively. Investors are awaiting earnings results from Donaldson Company, Bath & Body Works, and Hewlett Packard Enterprise.

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 7:23 am

BARK

BBWI

DCI

HPE

HQY

U.S. stock futures are trading lower this morning. Key stocks to watch include Donaldson Company, HealthEquity, Bath & Body Works, BARK, and Hewlett Packard Enterprise. Donaldson is expected to report earnings, HealthEquity reported strong results, Bath & Body Works and Hewlett Packard Enterprise are set to release earnings, and BARK reported disappointing results.

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 7:23 am

BBWI

Bath & Body Works (NYSE:BBWI) is set to release its Q1 financial results, with analysts expecting earnings of 32 cents per share and revenue of $1.36 billion. The company recently declared a quarterly dividend of 20 cents per share. Analysts have revised their ratings and price targets, with upgrades and increased targets from JP Morgan, Wells Fargo, UBS, Baird, and BMO Capital.

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 7:08 am

EWA

Australia's company gross operating profits for Q1 fell by 2.5% quarter-over-quarter, missing the estimated decline of 0.9% and significantly down from the revised prior figure of 7.1%.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:01 am

GOOG

GOOGL

MSFT

Microsoft and Alphabet have announced significant layoffs despite strong financial performance. Microsoft is cutting around 1,000 jobs, including in its mixed reality and Azure departments, while Alphabet is laying off at least 100 employees in its cloud unit.

Portfolio Pulse from Ananya Gairola

June 04, 2024 | 4:10 am

BRK

GME

NVDA

SOFI

TSLA

Major U.S. indices showed mixed results on Tuesday. GameStop shares soared by 21% due to Keith Gill's significant position reveal. Berkshire Hathaway saw a 0.59% increase after a technical issue was resolved. NVIDIA surged by 4.90% following a Buy rating from Goldman Sachs. SoFi fell by 1.88% after announcing a new General Counsel. Tesla dropped by 1.01% amid governance concerns involving Elon Musk.

Portfolio Pulse from Benzinga Neuro

June 04, 2024 | 2:29 am