Streetbeat News

Earnings

LYEL

Lyell Immunopharma (NASDAQ:LYEL) reported Q3 2023 financial results, with cash, cash equivalents, and marketable securities amounting to $598.2M as of September 30, 2023. The company has extended its funding of operations into 2027 by prioritizing investment in core clinical candidates and research platform value drivers. It remains on track to release initial clinical data from two clinical-stage product candidates in 2024. The company also announced a 25% reduction in workforce expected to be completed in Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:29 pm

PRIM

Primoris Services has reaffirmed its FY23 adjusted EPS guidance of $2.60-$2.80, which is higher than the estimated $2.24.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:29 pm

KD

Kyndryl has increased its 2024 adjusted pretax income outlook to over $140 million.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:27 pm

BROS

Dutch Bros Inc. (NYSE:BROS) reported Q3 earnings of 14 cents per share, beating the analyst consensus estimate of seven cents. The company also reported record revenue of $265.00 million, surpassing the analyst consensus estimate of $258.60 million. Dutch Bros saw a 4.0% increase in system same-shop sales compared to 2022. The company reaffirmed its FY23 outlook, expecting revenue to be at the lower end of the $950 million to $1 billion range.

Portfolio Pulse from Ryan Gustafson

November 07, 2023 | 10:27 pm

FG

F&G Annuities & Life reported Q3 adjusted EPS of $0.96, a significant increase from $(0.10) last year. The company also reported net sales of $2.27B.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:26 pm

KD

Kyndryl Hldgs (NYSE:KD) reported Q2 losses of $(0.05) per share, beating the analyst consensus estimate of $(0.63) by 92.06%. This is a 95.97% increase over losses from the same period last year. The company also reported quarterly sales of $4.07 billion, beating the analyst consensus estimate of $3.95 billion by 3.04%, but a 2.54% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:26 pm

FLYW

Flywire has projected its Q4 2023 revenue to be between $91.5M and $96.5M, which is higher than the estimated $89.3M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:25 pm

TKO

TKO has reported its Q3 2023 results, with a revenue of $449.1M, net income of $22M, and adjusted EBITDA of $239.7M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:25 pm

PWSC

PowerSchool Holdings (NYSE:PWSC) reported Q3 adjusted earnings of $0.24 per share, beating the analyst consensus estimate of $0.20 by 20%. This is a 14.29% increase from the same period last year. The company also reported quarterly sales of $182.16 million, beating the analyst consensus estimate of $179.73 million by 1.35%. This is a 12.15% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:23 pm

CAPL

CrossAmerica Partners reported Q3 earnings per unit of $0.31, down from $0.71 last year. The company's sales of $1.21B missed the estimate of $1.32B.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:22 pm