Streetbeat News

Earnings

SHOP

Shopify expects its FY23 revenue to grow at a mid-twenties percentage rate year-over-year, driven by Q4 revenue growth in the high-teens. The company's Q4 gross margin is expected to be 300 to 400 basis points higher than the Q4 2022 gross margin of 46.0%. Q4 operating expenses are expected to decrease by a low-single-digit percentage rate compared to Q3 2023. The company also expects Q4 stock-based compensation to be approximately $100 million and capital expenditures to be approximately $45 million for the full year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:07 am

TTSH

Tile Shop Holdings (NASDAQ:TTSH) reported Q3 earnings of $0.04 per share, a 50% decrease YoY. The company's quarterly sales were $92.11 million, missing the analyst consensus estimate of $96.76 million by 4.80%. This represents a 5.19% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:07 am

PTON

Peloton has reported a Q1 EPS of $(0.44).

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:07 am

SHOP

Shopify's total revenue for the recent quarter was $1.7B, surpassing the estimated $1.672B.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:07 am

PTON

Peloton's Q1 total revenue was reported at $595.5M, slightly above the estimated $590.999M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:06 am

VIRT

Virtu Finl (NASDAQ:VIRT) reported Q3 adjusted earnings of $0.45 per share, beating the analyst consensus estimate of $0.41 by 9.76%. However, this is a 26.23% decrease from the same period last year. The company also reported quarterly sales of $298.01 million, beating the analyst consensus estimate of $287.78 million by 3.55%, but this is a 10.01% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:06 am

RCM

R1 RCM reported Q3 earnings per share (EPS) of $0.00, an improvement from $(0.07) last year. The company's sales of $572.80M beat the estimate of $569.14M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:06 am

LLY

Eli Lilly has revised its FY23 adjusted EPS guidance to $6.50-$6.70, down from the previous guidance of $9.70-$9.90. This is also below the consensus estimate of $7.97.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:06 am

SHOP

Shopify has reported its Q3 2023 adjusted EPS at $0.24, surpassing the estimate of $0.14.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:06 am

CROX

Crocs (NASDAQ:CROX) reported Q3 adjusted earnings of $3.25 per share, beating the analyst consensus estimate of $3.10 by 4.84%. This is a 9.43% increase from the same period last year. The company also reported quarterly sales of $1.04 billion, beating the analyst consensus estimate of $1.03 billion by 1.46%, a 6.08% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:06 am