Streetbeat News

Earnings

PINS

Pinterest expects its revenue to grow by 11-13% YoY in Q4 2023. The company also anticipates its Q4 2023 Non-GAAP operating expenses to decrease by 9-13% YoY.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:11 pm

PINS

Pinterest has reported an 8% year-on-year increase in its Q3 global monthly active users (MAUs), reaching 482 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:10 pm

AMKR

Amkor Technology has projected its Q4 earnings per share (EPS) to be between $0.32 and $0.49. The company also expects its revenue to be between $1.625 billion and $1.725 billion, which is lower than the estimated $1.87 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:10 pm

VFC

V.F. Corporation has withdrawn its previous FY24 revenue and earnings guidance, expecting a significant negative impact on revenue and profit in 2H'FY24. Factors include poor performance of Vans and a challenging US wholesale environment. The company now projects its free cash flow for FY24 to be around $600 million, down from the previous guidance of $900 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:10 pm

PINS

Pinterest has reported its Q3 adjusted EPS at $0.28, surpassing the estimated $0.20.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:09 pm

PINS

Pinterest has reported its Q3 revenue of $763M, which is higher than the estimated $743.5M.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:08 pm

MFIN

Medallion Financial Corp. (NASDAQ:MFIN) reported Q3 earnings of $0.48 per share, beating the analyst consensus estimate of $0.45 by 6.67%. This is a 50% increase from the same period last year. The company also reported quarterly sales of $53.09 million, beating the analyst consensus estimate of $48.51 million by 9.44%, a 26.98% increase from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

October 30, 2023 | 8:08 pm

AMKR

Amkor Technology reported Q3 earnings per share (EPS) of $0.54, down from $1.24 year over year (YoY). However, the company's revenue of $1.822 billion beat estimates of $1.800 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:08 pm

CSWC

Capital Southwest (NASDAQ:CSWC) reported Q2 2024 earnings of $0.69 per share, beating the analyst consensus estimate of $0.65 by 6.15%. This is a 32.69% increase from the same period last year. The company also reported quarterly sales of $42.78 million, beating the analyst consensus estimate of $41.94 million by 2.00%. This is a 59.62% increase from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

October 30, 2023 | 8:08 pm

VFC

V.F. Corporation has revised its FY24 free cash flow projection from $900 million to $600 million. The company has withdrawn its previous FY24 revenue and earnings guidance due to anticipated negative impacts on revenue and profit in 2H'FY24. Factors include poor performance of Vans and a challenging US wholesale environment. The company's transformation plan, Reinvent, aims to lower the cost structure by $300 million, focusing on cash generation and debt reduction.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:08 pm