Streetbeat News

Earnings

UVV

Universal (NYSE:UVV) reported a significant increase in its Q4 earnings and sales. The company's earnings per share rose by 84.54% year-over-year to $1.79, while sales increased by 11.08% to $770.86 million.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:43 pm

NVDA

SMCI

SMCI shares are trading higher in sympathy with NVIDIA, which gained after reporting Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:42 pm

ZUO

Zuora shares are trading higher after the company reported better-than-expected Q1 2025 sales results and issued FY25 adjusted EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:38 pm

SYY

Sysco Corporation (SYY) provided an optimistic outlook during its Investor Day, targeting annual sales growth of 4-6% and adjusted EPS growth of 6-8% over the next three years.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:37 pm

ZUO

Zuora has released its financial guidance for FY25, projecting adjusted EPS of $0.41-$0.43, slightly above the $0.40 estimate. Revenue is expected to be in the range of $451.0M-$459.0M, close to the $453.909M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:37 pm

ZUO

Zuora has released its Q2 2025 financial guidance, projecting adjusted EPS of $0.09-$0.10, which aligns with the market estimate of $0.09. The company also forecasts revenue between $111.5 million and $113.5 million, slightly varying from the market estimate of $112.032 million.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:37 pm

NVDA

QQQ

SOXX

SPY

Nvidia Corp. (NASDAQ:NVDA) reported strong Q1 results, surpassing expectations and announcing a 150% dividend hike and a 10-for-1 stock split. The company also provided robust guidance for Q2. Nvidia's stock rose in after-hours trading following the news.

Portfolio Pulse from Shanthi Rexaline

May 22, 2024 | 8:36 pm

ELF

e.l.f. Beauty, Inc. (NYSE:ELF) reported strong Q4 results, beating earnings and sales estimates. However, weak forward guidance led to an 8.14% drop in share price after-hours.

Portfolio Pulse from Erica Kollmann

May 22, 2024 | 8:34 pm

ASNS

GFS

MAPS

OBLG

RAMP

SGN

SNOW

WISA

ZUO

The article highlights the after-market movements of 11 information technology stocks on Wednesday. Notable gainers include LiveRamp Holdings, Zuora, Ascent Solar Technologies, FOXO Technologies, Snowflake, and WiSA Technologies. On the losing side, Oblong, Actelis Networks, GLOBALFOUNDRIES, Signing Day Sports, and WM Tech saw declines.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 8:31 pm

AMD

SMH

AMD shares surged following NVIDIA's strong earnings report, which positively impacted the semiconductor sector.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:28 pm