Streetbeat News

Earnings

CLLS

Cellectis reported Q3 2023 adjusted EPS of $(0.36), beating the estimate of $(0.42) by 14.29%. However, the company's sales of $1.64M missed the estimate of $3.58M by 54.08%. This represents a 37.93% increase in EPS and a 14.42% decrease in sales compared to the same period last year.

Portfolio Pulse from vinayak@benzinga.com

November 06, 2023 | 10:03 pm

ICHR

Ichor Holdings has provided its Q4 2023 financial outlook, expecting revenue to be between $190M-$205M, compared to an estimate of $200.72M. The company also anticipates GAAP diluted EPS to be between $(0.30)-$(0.20) and non-GAAP diluted EPS to be between $(0.03)-$0.17, compared to an estimate of $0.15.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:03 pm

NXPI

NXP Semiconductors N.V. (NASDAQ:NXPI) reported Q3 earnings of $3.70 per share, beating the analyst consensus estimate of $3.59. The company also reported quarterly sales of $3.43 billion, surpassing the analyst consensus estimate of $3.40 billion. However, both figures represent a decrease from the same period last year. The company issued Q4 earnings guidance of between $3.44 and $3.86 per share, with total revenue anticipated to be between $3.3 billion and $3.5 billion.

Portfolio Pulse from Ryan Gustafson

November 06, 2023 | 10:02 pm

STRL

Sterling Infrastructure has raised its full-year earnings per share (EPS) guidance from $4.00-$4.20 to $4.10-$4.23.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:02 pm

AJG

AON

BRKA

CB

MMC

PGR

Berkshire Hathaway (BRKA) posted a record $157 billion in cash holdings and a 41% YoY rise in operating profit. A large part of Berkshire's portfolio consists of insurance companies, with its insurance float growing 8,000-fold since the purchase of National Indemnity 55 years ago. The company's insurance arm contributed $2.4 billion to its recent quarterly operating profit, largely due to profits from car insurer Geico. Unlike Berkshire, some insurance companies pay dividends, including Marsh & McLennan (MMC), Progressive Corp (PGR), Chubb Ltd (CB), Aon Plc (AON), and Arthur J. Gallagher & Co. (AJG).

Portfolio Pulse from Natan Ponieman

November 06, 2023 | 10:02 pm

VECO

Veeco Instruments has provided its Q4 2023 guidance, expecting revenue in the range of $155 million to $175 million, GAAP diluted earnings per share between $0.22 to $0.33, and non-GAAP diluted earnings per share from $0.35 to $0.45. These estimates are slightly below the market expectations.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:01 pm

CHRS

Coherus BioSciences reported mixed Q3 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:00 pm

AAON

AAON reported Q3 2023 earnings of $0.64 per share, beating the analyst consensus estimate of $0.55 by 16.36%. This is an 88.24% increase from the same period last year. The company also reported quarterly sales of $311.97 million, beating the analyst consensus estimate of $294.63 million by 5.89%. This is a 28.59% increase from the same period last year.

Portfolio Pulse from totan@benzinga.com

November 06, 2023 | 10:00 pm

SANM

Sanmina Corporation (NASDAQ: SANM) has projected its Q1 revenue to be between $1.85 billion and $1.95 billion, with an adjusted EPS of $1.20-$1.30.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:00 pm

MTTR

Matterport has raised its full year guidance for revenue and Non-GAAP loss per share for 2023, driven by strong demand for digital twins, robust gross margins, and continued operating discipline. The company expects Q4 EPS to be between $(0.05) and $(0.03), and revenue to be between $39M and $41M. For FY23, EPS is expected to be between $(0.23) and $(0.21), and revenue between $157M and $159M.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:00 pm