Streetbeat News

Earnings

BBDO

Bank Bradesco reported a Q1 EPS of $0.07, down 30% from $0.10 YoY, with sales increasing 3.14% to $3.65B from $3.54B YoY.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:12 pm

BBD

Bank Bradesco reported Q1 2024 GAAP EPS of $0.07, missing the $0.08 estimate, and sales of $3.647B, below the $5.708B estimate. This represents a 3.14% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:09 pm

RAVE

Rave Restaurant Group reported a Q3 EPS of $0.04, a 100% increase from $0.02 YoY, with sales rising 1.01% to $3.00M from $2.97M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:08 pm

QRVO

Qorvo, Inc. (NASDAQ:QRVO) exceeded Q4 earnings and sales expectations but provided a weaker forecast for the next quarter, leading to a 4.2% drop in its shares. The company anticipates lower revenue and adjusted earnings for Q1 compared to analyst estimates. Following this, Needham, Mizuho, and Susquehanna adjusted their price targets on Qorvo, reflecting a cautious outlook.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 1:05 pm

CRWD

LDOS

OKE

ONEOK, Inc. (OKE) reported weaker-than-expected Q1 results with a GAAP EPS of $1.09, missing estimates by $0.05, and sales of $4.781 billion versus expectations of $6.151 billion. Leidos Holdings, Inc. (LDOS) exceeded Q1 expectations with an adjusted EPS of $2.29, beating estimates by $0.59. CrowdStrike Holdings, Inc. (CRWD) is anticipated to report a significant year-over-year increase in its upcoming fiscal Q1 2025 earnings, with estimates at 90 cents per share compared to 57 cents the previous year. ONEOK shares fell 2.8%, Leidos shares gained 1.4%, and CrowdStrike shares rose 1%.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 1:05 pm

LI

NIO

XPEV

Chinese EV stocks LI, NIO, and XPEV are trading higher following the release of April delivery figures, indicating continued sector strength.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:04 pm

SNDR

Schneider National has revised its FY24 adjusted EPS forecast downwards from the previous range of $1.15-$1.30 to a new range of $0.85-$1.00, compared to the market estimate of $1.00.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:04 pm

WFCF

Where Food Comes From (WFCF) reported a 50% increase in Q1 EPS to $0.03 from $0.02 YoY and a 5.98% increase in sales to $5.58M from $5.27M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:03 pm

SUP

Superior Industries Intl (NYSE:SUP) reported Q1 2024 adjusted EPS of $(0.75), beating estimates by 11.76% but missed sales estimates with $316.3M, a 9.20% miss and a 16.98% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:02 pm

SNDR

Schneider National reported Q1 2024 adjusted EPS of $0.11, missing the $0.12 estimate, and sales of $1.319B, below the $1.361B estimate. This represents a 7.70% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:01 pm