Streetbeat News

Earnings

AEL

American Equity Inv (NYSE:AEL) reported Q3 earnings of $2.45 per share, beating the analyst consensus estimate of $1.72 by 42.44%. This is an 89.92% increase from the same period last year. However, the company's quarterly sales of $586.61 million missed the analyst consensus estimate of $595.40 million by 1.48%, marking a 3.79% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:27 pm

AMZN

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) reported strong Q3 earnings, beating both EPS and revenue estimates. The company also increased its 2023 production guidance to 54,000 vehicles, citing progress on production lines and an improved supply chain outlook. Rivian ended the quarter with $9.13 billion in cash, equivalents and short-term investments. Amazon.com Inc (NASDAQ:AMZN), which has over 10,000 electric delivery vehicles from Rivian in its fleet, remains focused on bringing 100,000 delivery vans to the road.

Portfolio Pulse from Adam Eckert

November 07, 2023 | 9:27 pm

DVA

DaVita has increased its FY23 adjusted EPS guidance from $7.00-$7.80 to $7.80-$8.30, surpassing the estimated $7.21. The company also raised its adjusted operating income guidance from $1.565B-$1.675B to $1.65B-$1.725B.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:27 pm

MASI

Masimo Corporation reported mixed Q3 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:27 pm

VRM

Vroom's Q3 earnings per share (EPS) was $(0.59), a decrease from $(0.37) last year. The company's sales of $235.63M also missed the estimated $239.10M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:26 pm

UPWK

Upwork (NASDAQ:UPWK) reported its Q3 earnings results, beating estimated earnings by 110.0% with an EPS of $0.21 versus an estimate of $0.1. Revenue was up $17.09 million from the same period last year. Last quarter, the company beat on EPS by $0.09, which was followed by a 44.23% increase in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 9:26 pm

BHF

Brighthouse Financial (NASDAQ:BHF) reported Q3 earnings of $4.18 per share, beating the analyst consensus estimate of $3.92 by 6.63%. This is a significant increase from losses of $(0.04) per share from the same period last year. However, the company's quarterly sales of $2.06 billion missed the analyst consensus estimate of $2.19 billion by 5.80%, though it's a 6.18% increase over sales of $1.94 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:26 pm

XPOF

Xponential Fitness (NYSE:XPOF) reported Q3 earnings, missing estimated earnings by 26.67% with an EPS of $0.11 versus an estimate of $0.15. However, revenue was up $16.67 million from the same period last year. Last quarter, the company also missed on EPS which was followed by a 4.94% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 9:26 pm

POWI

Power Integrations reported worse-than-expected Q3 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:26 pm

KIND

Nextdoor Holdings (NYSE:KIND) reported its Q3 earnings results, with an in-line EPS of $-0.1 and revenue up $2.14 million from the same period last year. Last quarter, the company beat on EPS by $0.01, which was followed by a 15.17% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 9:26 pm