Streetbeat News

Earnings

BDSX

Biodesix projects its FY24 revenue to be between $65M-$68M, surpassing the estimated $64.53M and indicating a 32%-39% year-over-year growth rate.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 11:06 am

PGRU

PropertyGuru Group (NYSE:PGRU) reported Q4 earnings, beating estimates with an EPS of $0.01 versus the expected -$0.02, and revenue increased by $2.60 million from the previous year. The company has a history of surpassing EPS estimates, which previously led to a 1.0% share price increase the following day.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 11:05 am

BDSX

Biodesix (NASDAQ:BDSX) reported Q4 earnings, beating estimated earnings by 9.0% with an EPS of $-0.1 versus an estimate of $-0.11. However, revenue was down $893.33 million from the same period last year. Despite beating EPS estimates in the past, such performance was previously followed by a 10.0% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 11:05 am

BDSX

Biodesix reported Q4 earnings with EPS of $(0.10), beating estimates by 9.09% but missing sales estimates with $14.67M against the expected $15.61M. This represents a significant decrease in sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 11:02 am

AMRX

Amneal Pharmaceuticals (NYSE:AMRX) reported Q4 adjusted EPS of $0.14, surpassing the $0.09 estimate, but its sales of $616.98M fell short of the $634.23M estimate. This represents a 39.13% decrease in EPS from last year, while sales saw a 1.18% increase.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 11:02 am

FSR

HPE

PLUG

Hewlett Packard Enterprise reported mixed Q1 results with earnings above and sales below market expectations, leading to a 6.1% pre-market share drop. Other stocks like Fisker, Plug Power, and several others also moved lower in pre-market trading due to various reasons including below-estimate revenues, internal control issues, and weak financial results.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 10:47 am

NIO

NIO Inc. announced its February 2024 delivery results, delivering a total of 8,132 vehicles, including 4,765 premium smart electric SUVs and 3,367 premium smart electric sedans. This brings NIO's cumulative vehicle deliveries to 467,781 as of February 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 9:33 am

XPEV

XPeng Inc. announced its February 2024 vehicle delivery results, delivering 4,545 Smart EVs, including 1,448 units of the XPENG X9. The X9 has nearly reached 4,000 units in its first two months, leading in the electric MPV and three-row seater BEV segments. The company expects to accelerate X9 deliveries in March due to capacity ramp-up and the resolution of supply chain issues.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 9:19 am

PLUG

Plug Power reported FY 2023 GAAP EPS of $(2.30), missing the $(1.61) estimate, and sales of $891.34M, below the $900.29M estimate. This represents a significant increase in losses and a 27.07% increase in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 9:18 am

LI

Li Auto Inc. reported a 21.8% year-over-year increase in vehicle deliveries for February 2024, totaling 20,251 vehicles. Cumulative deliveries reached 684,780 by the end of February 2024.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 8:36 am