Streetbeat News

Earnings

TWLO

Twilio has reaffirmed its Q1 guidance and provided financial targets for FY24 and FY25, including achieving GAAP operating profitability by Q4 2025 and a non-GAAP income from operations of $550M-$600M for FY24. The company announced an additional $2 billion share repurchase program, on top of the $1 billion program authorized earlier in 2023, with almost $800 million already completed. These announcements reflect Twilio's operational review outcomes and replace previous financial frameworks.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:13 pm

TWLO

Twilio announced the conclusion of its operational review of its Segment business, targeting break-even non-GAAP income from operations by Q2 2025 and GAAP operating profitability by Q4 2025. The company also announced a $2B expansion of its share repurchase authorization and the appointment of Thomas Wyatt as President of Twilio Segment. Twilio aims to address Segment's underperformance through operational changes and believes retaining Segment will enhance shareholder value. The share repurchase reflects confidence in Twilio's strategy and improved cash flow. Twilio affirms its Q1 2024 guidance and provides targets for FY 2024 and FY 2025.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:11 pm

THO

THOR Industries, Inc. (NYSE:THO) is set to release its Q2 earnings on March 6, 2024, with expected earnings of 68 cents per share and projected revenue of $2.27 billion. The company recently appointed Jeffrey D. Lorenger to its board and Michele McDermott as CHRO. THOR offers a 1.49% annual dividend yield, equating to $1.92 per year. To earn $500 monthly from dividends, an investment of approximately $397,250 is required. THO shares fell 1.5% to close at $127.12.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 2:02 pm

VET

Vermilion Energy (NYSE:VET) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $0.52. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting accordingly. Shares are currently trading at $11.5, down 14.85% over the last year. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 2:02 pm

JD

JD.com (NASDAQ:JD) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $0.63. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing subsequent drops in share price. Over the last year, JD.com's shares have declined by 54.58%, indicating potential concern among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 2:02 pm

CPB

Campbell Soup (NYSE:CPB) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts estimating an EPS of $0.77. The company's past earnings performance shows a mix of beats and misses, with the share price reacting variably. Shares are currently trading at $43.28, down 18.37% over the last 52 weeks, indicating long-term shareholder dissatisfaction. Investors are keen on the upcoming earnings and particularly on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 2:01 pm

THO

Thor Industries (NYSE:THO) is set to release its quarterly earnings report on March 6, 2024, with an estimated EPS of $0.69. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. Historically, Thor Industries has had mixed earnings performance, with the last quarter missing EPS estimates by $0.06 but resulting in a 2.49% share price increase the following day. Over the last 52 weeks, THO shares have risen by 44.39%, indicating a generally positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 2:01 pm

REVG

REV Group (NYSE:REVG) is anticipated to report a quarterly EPS of $0.15 on March 6, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historically, REV Group has exceeded EPS estimates, leading to share price increases. The stock has seen a 63.78% rise over the past year, trading at $21.02 as of March 4.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 2:01 pm

VET

Vermilion Energy (NYSE:VET) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts predicting an EPS of $0.52. The company's past earnings performance shows mixed results, with a notable miss last quarter leading to a slight share price drop. Shares are currently trading at $11.5, down 14.85% over the last year. Investors are looking for positive guidance for the next quarter beyond the EPS figures.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 2:01 pm

DSGX

Descartes Systems Gr (NASDAQ:DSGX) is set to release its quarterly earnings report on 2024-03-06, with analysts estimating an EPS of $0.36. The company's past earnings performance shows mixed results with both misses and beats in EPS estimates, leading to varied stock price reactions. Shares of DSGX have increased by 18.95% over the last 52 weeks, indicating a generally positive outlook from long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 2:01 pm