Streetbeat News

Earnings

VRPX

Virpax Pharmaceuticals reported an improvement in its Q3 2023 earnings per share (EPS), posting a loss of $(0.51) compared to a loss of $(0.65) in the same quarter of the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:36 pm

EZPW

EZCORP (NASDAQ:EZPW) reported Q4 earnings with an EPS of $0.23, beating estimates by 35.29% and surpassing last year's revenue by $37.07 million. The company has a history of beating EPS estimates, which previously led to a 6.56% stock price increase the following day.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 9:35 pm

VNET

VNET Gr (NASDAQ:VNET) reported Q3 earnings with an EPS of $-0.06, beating estimates by 14.29% against an expected $-0.07. Revenue increased by $3.59 million compared to the same period last year. Despite beating this quarter, the company's previous earnings miss resulted in a 1.83% share price drop the following day. Historical earnings performance shows mixed results over the past four quarters.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 9:35 pm

HI

Hillenbrand projects FY24 adjusted EPS to be between $3.60 and $3.95, surpassing the estimated $3.87. The company also forecasts revenue to range from $3.28 billion to $3.44 billion, which is higher than the estimated $3.18 billion.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:34 pm

EZPW

EZCORP reported Q4 adjusted total revenue of $261.4M, slightly below the estimate of $265.786M. However, their adjusted EPS was $0.23, beating the estimate of $0.19.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:34 pm

CEAD

CEA Industries Inc. (NASDAQ:CEAD) reported a significant decrease in revenue for Q3 2023, with $0.9 million compared to $5.1 million in Q3 2022. Net bookings and backlog also declined, while operating expenses were cut by 58%. The net loss improved slightly, and the company remains debt-free with $13.3 million in cash. The CEO mentioned that the Board is considering strategic alternatives, including a sale, merger, or other transaction. CEAD's stock was up 3.02% at $0.51 per share.

Portfolio Pulse from Joana Scopel

November 15, 2023 | 9:33 pm

COST

CVS

JNJ

KO

MCD

PDD

PEP

PG

SBUX

WMT

Bridgewater Associates, founded by Ray Dalio, has a portfolio heavily weighted towards consumer stocks, with significant stakes in Coca-Cola, Costco, and Walmart among others. The hedge fund's latest 13F filing for Q3 2023 shows a 40.63% investment in consumer discretionary and staples stocks. Bridgewater has increased its holdings in companies like Procter & Gamble, Coca-Cola, Costco, PepsiCo, Walmart, McDonald's, and CVS Health, while reducing positions in PDD Holdings, Starbucks, and Johnson & Johnson. This strategy aligns with the recent dip in U.S. inflation, suggesting a potential shift in the economic environment.

Portfolio Pulse from Surbhi Jain

November 15, 2023 | 9:32 pm

VNET

VNET Group, Inc. forecasts its full-year 2023 net revenues to be between RMB 7.4 billion and RMB 7.6 billion.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:32 pm

VNET

VNET reported a 4% year-over-year increase in Q3 net revenues, amounting to $258.6 million.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:31 pm

HI

Hillenbrand reported Q4 adjusted earnings of $1.13 per share, surpassing the consensus estimate of $1.04, and sales of $762.80M, exceeding the estimate of $747.46M.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:31 pm