Streetbeat News

Earnings

LMND

Lemonade's stock price is trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:30 pm

URBN

Urban Outfitters, Inc. (NASDAQ:URBN) shares fell in premarket trading after reporting Q4 FY23 results with revenue of $1.486 billion, missing the consensus by $9 million. The company saw a 7.3% Y/Y increase in revenue, with retail segment net sales up 6.2% and wholesale segment net sales up 3.3%. Adjusted EPS of $0.69 also missed the consensus of $0.74. Despite this, adjusted gross margin expanded by 293 basis points Y/Y. The company opened 26 new retail locations but did not repurchase any common shares. URBN shares are down 9.41% at $42.74 premarket.

Portfolio Pulse from Lekha Gupta

February 28, 2024 | 1:30 pm

EB

Eventbrite's stock price dropped following the announcement of mixed financial results for Q4. The company's performance in the last quarter has led to a decrease in investor confidence, impacting its stock negatively.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:30 pm

GDOT

Green Dot Corporation's shares declined following the announcement of mixed Q4 financial results and the provision of FY24 adjusted EPS guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:29 pm

GO

Grocery Outlet's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:29 pm

SAM

Boston Beer Company's shares dropped following the announcement of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:28 pm

RXRX

Recursion Pharmaceuticals' stock trades lower following mixed Q4 financial results, indicating a mixed performance with some positive aspects but also areas of concern.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:28 pm

AMBA

Ambarella shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:28 pm

FLYW

Flywire shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:27 pm

BYND

Beyond Meat's shares increased following the announcement of mixed Q4 financial results, indicating a positive market reaction despite the mixed outcomes.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:27 pm