Streetbeat News

Earnings

SNOW

Snowflake's stock is up following the release of their Q3 financial results, which surpassed expectations. The company also provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:21 pm

PSTG

Pure Storage (NYSE:PSTG) reported Q3 earnings with an EPS of $0.5, beating estimates by 25% against the expected $0.4. Revenue increased by $86.79 million compared to the same period last year. The company has a history of surpassing EPS estimates, which in the previous quarter led to a 0.3% rise in share price the following day.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 9:20 pm

PVH

PVH Corp reported Q3 2023 adjusted earnings per share (EPS) of $2.90, surpassing the analyst estimate of $2.73. However, their revenue of $2.363 billion fell short of the expected $2.410 billion.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:19 pm

COST

Costco Wholesale reported a 3.5% increase in November comparable sales and a 5.1% rise in net sales for the four weeks ended November 26, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:18 pm

NCNO

Ncino (NASDAQ:NCNO) reported Q3 earnings of $0.14 per share, surpassing the consensus estimate of $0.11, marking a 1500% increase from the previous year's loss of $(0.01) per share. Sales reached $121.94M, exceeding estimates of $120.63M, and representing a 15.81% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:18 pm

VSCO

Victoria's Secret forecasts Q4 net sales to increase by 2-4% and adjusted EPS to be between $2.20-$2.60, compared to the estimated $2.43. For FY24, the company expects net sales to decrease by 2-3% and adjusted EPS to range from $2.20-$2.60, versus the estimated $2.16.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:17 pm

VSCO

Victoria's Secret (NYSE:VSCO) reported a Q3 adjusted loss of $(0.86) per share, missing the $(0.78) estimate, and sales of $1.26B, falling short of the $1.27B estimate. This represents a 396.55% decrease in earnings and a 4.02% drop in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:16 pm

CRDO

Credo Technology Group reported a decrease in Q2 earnings to $0.01 per share from $0.02 YoY and a 14.28% drop in sales to $44.03M from $51.37M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:15 pm

ZETA

Zeta Global reported a 64% year-over-year increase in omnichannel digital marketing and maintained 100% uptime during the critical five-day shopping period from Black Friday to Cyber Monday. The company's AI-powered platform was heavily relied upon by enterprise brands to boost consumer engagement, conversions, and business growth.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:15 pm

ZUO

Zuora, Inc. has provided guidance for FY24, projecting an adjusted EPS of $0.25-$0.26, which is above the estimated $0.22. The company also forecasts total revenue to be between $430.8M-$432.8M, straddling the estimate of $431.05M.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:15 pm