Streetbeat News

Earnings

BIDU

Baidu (NASDAQ:BIDU) reported Q4 earnings with an EPS of $3.08, beating estimates by 24.0% and showing a revenue increase of $127.00 million from the previous year. This follows a pattern of beating EPS estimates in previous quarters, with a notable 6.0% share price increase after last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 10:05 am

VIPS

Vipshop anticipates its Q1 total net revenues to grow between 0% to 5% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:04 am

ACMR

ACM Research projects its FY24 revenue to be in the range of $650M-$725M, which is in line with the consensus estimate of $693.06M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:03 am

VIPS

Vipshop Holdings (NYSE:VIPS) reported Q4 adjusted earnings per ADS of $0.82, surpassing the $0.71 estimate, marking a 15.49% beat and a 54.72% increase from last year. Sales reached $4.88B, exceeding the $4.69B estimate by 4.12% and showing a 6.06% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:02 am

ACMR

ACM Research reported Q4 adjusted EPS of $0.43, surpassing the $0.17 estimate, and sales of $170.32M, exceeding the $149.28M estimate. This represents a significant increase over the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:01 am

IQ

iQIYI (NASDAQ:IQ) reported Q4 adjusted EPS of $0.10, surpassing the $0.06 estimate, and sales of $1.10B, exceeding the $1.07B estimate. However, this represents a 28.57% decrease in EPS from the same period last year, with sales remaining constant.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:06 am

BIDU

Baidu (NASDAQ:BIDU) reported Q4 adjusted EPS of $3.08, surpassing the $2.48 estimate, marking a 24.19% beat and a 39.37% increase from last year's $2.21. Quarterly sales reached $4.92B, exceeding the $4.86B estimate by 1.30% and showing a 2.65% increase from the previous year's $4.80B.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:02 am

AGESY

Ageas SA reported a 2023 Net Operating Result of €1.166 billion, a decrease from €1.312 billion year-over-year. Net Operating EPS fell to €6.35 from €7.13. Despite the decline, the company saw excellent commercial performance in Non-Life and double-digit growth in Life in China. The cash position improved significantly to €959 million. Ageas proposed a total dividend of €3.25 per share, marking an increase of over 8%, with a final dividend of €1.75 per share.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 8:47 am

ALGT

Allegiant reported a decline in January 2024 traffic, with scheduled service passenger traffic down 2.3% YoY and total system declining 2% YoY. Despite a slight increase in available seat miles and average stage length, load factor decreased by 2.5 points.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 7:20 am

ICL

ICL Group reported its Q4 adjusted earnings per share (EPS) at $0.10, surpassing the estimated $0.07. Sales reached $1.69 billion, also beating the forecast of $1.66 billion.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 7:15 am