Streetbeat News

Earnings

CHWY

Chewy reported Q1 2024 adjusted EPS of $0.31, which may not be comparable to the $0.07 estimate. Sales were $2.88 billion, beating the $2.85 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:09 am

CHWY

Chewy shares are trading higher following Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:06 am

VIK

Viking Holdings (NYSE:VIK) reported a Q1 EPS loss of $(1.21) and sales of $718.15 million.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:05 am

DKS

Dick's Sporting Goods (NYSE:DKS) reported Q1 earnings per share (EPS) of $3.30, beating the analyst estimate of $2.95. Sales were $3.02 billion, surpassing the $2.94 billion estimate. Despite the EPS beat, earnings decreased by 2.94% year-over-year, while sales increased by 6.19%.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:05 am

DKS

Dick's Sporting Goods shares are trading higher after the company reported Q1 earnings and raised its 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:04 am

LOT

Lotus Technology (NASDAQ:LOT) reported a Q1 EPS of $(0.47), a 34.29% decrease from $(0.35) YoY, but saw a significant sales increase to $173.08M, up 805.19% from $19.12M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:03 am

CLGN

CollPlant Biotechnologies (NASDAQ:CLGN) reported Q1 losses of $(0.35) per share, meeting analyst estimates but showing a 20.69% increase in losses compared to last year. Sales were $98,000, missing the $600,000 estimate by 83.67% and down 77.37% from last year.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:03 am

MDWD

MediWound reported its Q1 2024 financial results with a GAAP EPS of $(1.05), missing the estimate of $(0.41). However, the company reported sales of $4.964 million, beating the estimate of $4.668 million.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:02 am

BABA

PDD

PDD Holdings Inc (NASDAQ:PDD) has surpassed Alibaba Group Holding Limited (NYSE:BABA) as China's most valuable e-commerce company, driven by the growth of its Temu marketplace. PDD's impressive first-quarter results, including a 246% surge in net income and a 327% increase in transaction services revenue, have boosted its market capitalization to $208 billion. Analysts project continued strength for PDD, while Alibaba focuses on diversifying its cloud computing business.

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 11:01 am

THR

Thermon Group projects FY25 revenues of $527M-$553M, representing a 9% YoY growth, and adjusted EPS of $1.90-$2.06. The company remains optimistic despite a cautious macroeconomic backdrop.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 10:56 am