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Earnings

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Byline Bancorp reported Q3 2023 earnings of $0.77 per share, beating the analyst consensus estimate of $0.61 by 26.23%. This is a 40% increase from the same period last year. The company also reported quarterly sales of $104.83 million, beating the analyst consensus estimate of $101.64 million by 3.14%. This is a 29.63% increase from the same period last year.

Portfolio Pulse from totan@benzinga.com

October 26, 2023 | 8:32 pm

MITK

Mitek Systems (NASDAQ:MITK) reported Q3 earnings of $0.20 per share, beating the analyst consensus estimate of $0.18 by 11.11%. However, this is a 16.67% decrease from the same period last year. The company also reported quarterly sales of $43.07 million, beating the analyst consensus estimate of $39.40 million by 9.31%, and marking a 9.89% increase from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

October 26, 2023 | 8:32 pm

ULH

Universal Logistics Hldgs (NASDAQ:ULH) reported Q3 earnings of $0.88 per share, missing the analyst consensus estimate of $1.00 by 12 percent. This is a 52.17 percent decrease from last year. The company reported quarterly sales of $421.30 million, beating the analyst consensus estimate of $416.60 million by 1.13 percent. This is a 16.69 percent decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:32 pm

ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) reported Q3 earnings per share of $1.02, missing the $1.03 estimate, and revenue of $551.1 million, falling short of the $566.02 million estimate. The company cited high inventory and softening demand in key markets as reasons. Enphase also issued a Q4 revenue outlook of $300 million to $350 million, significantly below the $601.24 million estimate. Following the announcement, ENPH shares fell 18.2% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

October 26, 2023 | 8:31 pm

FE

FirstEnergy reported Q3 earnings of $0.88 per share, beating the analyst consensus estimate of $0.86 by 2.33%. However, the company's quarterly sales of $3.50 billion missed the analyst consensus estimate of $3.55 billion by 1.41%. This represents a 11.39% increase in earnings and a 0.72% increase in sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 8:31 pm

COLM

Columbia Sportswear reported Q3 2023 earnings per share (EPS) of $1.70, down from $1.80 year-over-year (YoY). The company's revenue of $985.7M missed estimates of $994.824M.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:30 pm

EVBN

Evans Bancorp reported Q3 earnings of $0.66 per share, missing the analyst consensus estimate of $0.71 by 7.04%. This is a 37.74% decrease from the same period last year. The company also reported quarterly sales of $19.81 million, missing the analyst consensus estimate of $20.48 million by 3.26%. This is a 20.61% decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

October 26, 2023 | 8:30 pm

COUR

Coursera reported Q3 adjusted EPS of $(0.01), beating the estimate of $(0.07) by 85.71%. The company's quarterly sales were $165.54M, surpassing the estimate of $158.35M by 4.54%. This represents a 21.36% increase over the same period last year.

Portfolio Pulse from totan@benzinga.com

October 26, 2023 | 8:29 pm

SAM

Boston Beer Co (NYSE:SAM) reported Q3 earnings of $3.70 per share, a 3.14% decrease from the same period last year. However, the company's quarterly sales of $601.60 million beat the analyst consensus estimate of $593.67 million by 1.34%, marking a 0.86% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:29 pm

F

Ford Motor Company (NYSE:F) reported Q3 revenue of $44 billion, up 11% YoY, beating the Street consensus estimate of $41.2 billion. However, the company missed the EPS estimate of 45 cents, reporting 39 cents instead. The company's Model e segment, which includes electric vehicles, reported a 44% YoY increase in wholesale unit sales. However, the company withdrew its guidance for full-year 2023 operating results due to the effects of the UAW strike. Ford shares were trading down 4% in after-hours trading.

Portfolio Pulse from Chris Katje

October 26, 2023 | 8:28 pm