Streetbeat News

Earnings

GGR

Gogoro Inc. (NASDAQ:GGR) reported a significant decrease in earnings per share (EPS) and sales for Q3, with EPS dropping to $(0.01) from $0.24 year-over-year (YoY) and sales falling to $91.75M from $102.18M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:03 am

DOLE

Dole reported Q3 adjusted earnings of $0.24 per share, surpassing the $0.12 estimate, a 71.43% increase from last year. However, sales of $2.04B fell short of the $2.19B estimate, though they were up 4.18% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:02 am

BBWI

Bath & Body Works reported Q3 adjusted earnings of $0.48 per share, surpassing the consensus estimate of $0.35 by 37.14%, and a 20% increase from the same period last year. Sales reached $1.562B, slightly above the $1.560B estimate but marked a 2.68% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:02 am

SIEGY

Siemens AG (SIEGY) reported Q4 FY23 revenue of €21.4 billion, a 4% Y/Y increase, and a 7% rise in Profit Industrial Business to €3.38 billion. EPS was €2.17, down from €3.39 Y/Y. The company experienced a loss in Siemens Energy Investment but proposed a dividend increase to €4.70/share. FY24 guidance includes 4-8% comparable revenue growth and EPS pre-PPA of €10.40 to €11.00, excluding Siemens Energy Investment. Shares closed up 1.32% at $75.15.

Portfolio Pulse from Lekha Gupta

November 16, 2023 | 10:57 am

NICE

NICE Systems Ltd. reported Q3 adjusted EPS of $2.27, surpassing the $2.15 estimate, and sales of $601.34M, exceeding the $595.19M estimate. This reflects an 18.23% increase in EPS and an 8.40% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:33 am

MSFT

NVDA

Nvidia Corp (NVDA) is capitalizing on the artificial intelligence boom, with CEO Jensen Huang highlighting generative AI's significance at Microsoft Corp's (MSFT) Ignite event. Nvidia reported a $6 billion profit earlier this year due to the AI surge. The company is upgrading its H200 GPU and preparing new chip models H20, L20, and L2 for clients in China, aiming to comply with U.S. sanctions. Despite these developments, NVDA shares dropped by 0.77% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 16, 2023 | 10:32 am

DAO

Youdao (NYSE:DAO) reported Q3 earnings with an EPS of $-0.08, missing estimates by 14.29% compared to the expected $-0.07. However, revenue increased by $13.76 million from the same period last year. In the previous quarter, Youdao beat EPS estimates which resulted in a 0.54% share price increase the following day.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 10:15 am

AMAT

BABA

M

WMT

A list of companies is scheduled to report their earnings on November 16, 2023, before and after the bell. The report includes projections of earnings per share and revenue for each company. Notable companies among them include Walmart, Alibaba Group Holding, Macy's, and Applied Materials.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 10:15 am

ALLT

Allot Communications Ltd. expects Q4 revenues to be between $20M-$25M, which is below the consensus estimate of $28.12M. The company also anticipates an adjusted operating loss of $4M to $6M for the same period.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:08 am

ATAT

Atour Lifestyle Holdings (NASDAQ:ATAT) reported Q3 earnings of $0.27 per share and sales of $177.37 million.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:05 am