Streetbeat News

Earnings

NTAP

NetApp has provided its financial guidance for FY25, projecting adjusted EPS between $6.80 and $7.00, surpassing the estimated $6.74. The company also forecasts net revenues between $6.450 billion and $6.650 billion, aligning closely with the estimated $6.53 billion.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:03 pm

NTAP

NetApp shares are trading higher following a Q4 earnings beat.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:02 pm

NTAP

NetApp has released its Q1 financial guidance, projecting adjusted EPS between $1.40 and $1.50, compared to the estimated $1.44. The company also forecasts revenues between $1.455 billion and $1.605 billion, against the estimated $1.52 billion.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:02 pm

NTAP

NetApp (NASDAQ:NTAP) reported Q4 2024 adjusted EPS of $1.80, beating the estimate of $1.79. Sales were $1.670 billion, surpassing the $1.655 billion estimate and marking a 5.63% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:01 pm

RARE

Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) announced positive topline results from its Phase 3 study of DTX401 gene therapy for Glycogen Storage Disease Type Ia. The study showed a significant reduction in daily cornstarch intake and maintained glucose control, achieving its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:01 pm

HPQ

HP Inc. (NYSE:HPQ) experienced a historic stock surge, climbing as much as 19% following the release of its second-quarter financial results. The company reported net revenue of $12.8 billion, surpassing estimates, and provided optimistic guidance for the third quarter and full year. Multiple analysts increased their price targets, contributing to the momentum.

Portfolio Pulse from Vaishali Prayag

May 30, 2024 | 7:52 pm

S

SentinelOne, Inc. (NYSE:S) shares are trading lower ahead of its first-quarter earnings report. Analysts expect losses of 5 cents per share and revenue of $181.09 million. The company has a history of beating estimates and recently announced the return of its LABScon cybersecurity conference. Analysts have a positive outlook with an average 12-month price target of $30.55.

Portfolio Pulse from Erica Kollmann

May 30, 2024 | 7:13 pm

DKS

Dick's Sporting Goods (NYSE:DKS) reported strong first-quarter FY24 earnings, leading analysts to raise their price targets. Despite a challenging industry environment, DKS showed continued sales momentum, strong gross margins, and raised its FY24 guidance. Analysts from Wedbush, Stifel, and Goldman Sachs provided positive outlooks, though some caution was noted for the second half of the year.

Portfolio Pulse from Shivani Kumaresan

May 30, 2024 | 7:08 pm

CRM

WDAY

Salesforce Inc (NYSE:CRM) shares fell after Q1 revenue missed expectations, leading multiple analysts to cut their price targets. Despite the setback, many analysts maintain a long-term optimistic outlook, citing potential growth in AI and other key areas.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 7:06 pm

S

SentinelOne shares are trading lower amid broader tech weakness. The company will report Q1 earnings after the close.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:02 pm