Streetbeat News

Earnings

EH

EHang Holdings expects Q2 2024 revenue to be around RMB90 million, marking an 804% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:25 am

RERE

ATRenew expects Q2 2024 revenue to be between RMB3.67 billion and RMB3.77 billion, representing a year-over-year increase of 23.8% to 27.2%. This forecast reflects the company's current and preliminary views on market and operational conditions.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:23 am

EH

EHang Holdings (NASDAQ:EH) reported Q1 2024 adjusted EPADS of $(0.02), significantly beating the analyst estimate of $(0.09). The company also reported sales of $8.549 million, surpassing the $6.868 million estimate and marking a 164.43% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:21 am

RERE

ATRenew reported its Q1 2024 financial results, with an adjusted EPS of RMB0.13, missing the estimate of RMB0.52. However, the company beat sales estimates, reporting RMB3.651 billion compared to the expected RMB3.562 billion.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:18 am

NIU

NIU expects Q2 2024 revenues to be between RMB 912 million and RMB 995 million, indicating a year-over-year increase of 10% to 20%.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:08 am

NIU

Niu Technologies (NASDAQ:NIU) reported a quarterly loss of $(0.10) per share, an improvement from $(0.11) per share last year. Sales increased by 15.06% to $69.90 million from $60.75 million.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:06 am

TCOM

Trip.com Group Limited (NASDAQ:TCOM) is set to release its first-quarter earnings after the closing bell on Monday. Analysts expect earnings of 57 cents per share and revenue of $1.61 billion, both up from the previous year. Recent analyst ratings include Buy and Outperform with price targets ranging from $53 to $60.

Portfolio Pulse from Avi Kapoor

May 20, 2024 | 6:32 am

TKOMF

TKOMY

Tokio Marine Holdings reported a significant increase in its fiscal 2023 earnings per share (EPS) to $2.396, up from $1.256 year-over-year. The company's sales also rose to $50.03 billion from $44.544 billion in the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:28 am

LI

NDSN

PANW

WIX

ZM

U.S. stock futures are trading higher this Monday. Key stocks to watch include Li Auto, Zoom Video, Wix.com, Nordson Corporation, and Palo Alto Networks, all of which have upcoming earnings reports or have posted recent results.

Portfolio Pulse from Avi Kapoor

May 20, 2024 | 6:00 am

GME

NDSN

PANW

ZM

Investor optimism improved as the Dow Jones index settled above 40,000 for the first time, with the S&P 500 also recording gains. GameStop Corp (NYSE:GME) shares fell 20% after releasing preliminary first-quarter results. Investors are awaiting earnings results from Nordson Corporation (NASDAQ:NDSN), Palo Alto Networks, Inc. (NASDAQ:PANW), and Zoom Video Communications, Inc. (NASDAQ:ZM).

Portfolio Pulse from Avi Kapoor

May 20, 2024 | 5:59 am