Streetbeat News

Earnings

FISV

Fiserv, a global provider of financial services technology, has projected a medium-term organic revenue growth of 9%-12% and an adjusted earnings per share (EPS) growth of 14%-18%.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:32 am

TGT

Target Corporation reported a 4.9% decrease in Q3 comparable sales, while its same-day services saw an 8% increase.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:32 am

FISV

Fiserv, a global provider of financial services technology, has reaffirmed its financial outlook for 2023 and provided a preliminary outlook for 2024. The company expects 11%-13% organic revenue growth and an adjusted EPS growth of 13%-17% for the year 2024.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:31 am

TGT

Target Corporation (NYSE:TGT) exceeded Q3 earnings expectations with an adjusted EPS of $2.10, surpassing the $1.48 estimate by 41.89%. Year-over-year, this represents a 36.36% increase from $1.54 per share. Q3 sales reached $25.40 billion, slightly beating the $25.31 billion estimate but marking a 4.22% decline from the previous year's $26.52 billion.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:31 am

XELB

Xcel Brands reported a Q3 net loss per share of approximately $(0.26), which is worse than the net loss per share of $(0.21) a year ago and misses the consensus estimate of $(0.17).

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:13 am

UCL

Ucloudlink Group (NASDAQ:UCL) reported Q3 earnings with an EPS of $0.01, missing the estimate of $0.03 by 66.67%. Revenue increased by $5.65 million compared to the same period last year. Despite beating EPS estimates last quarter, UCL's share price dropped by 6.2% the following day. The company's past earnings performance shows fluctuating EPS and revenues over the last four quarters.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 11:10 am

JD

JD.com (NASDAQ:JD) reported Q3 earnings with an EPS of $0.92, beating estimates by 15% but with a revenue decrease of $285 million from the previous year. Despite beating last quarter's EPS estimate, the share price dropped by 0.34% the following day.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 11:10 am

XPEV

XPeng (NYSE:XPEV) reported Q3 earnings with an EPS of $-0.44, beating the estimate of $-0.53 by 16.98%. Revenue increased by $209.84 million compared to the same period last year. Despite beating this quarter, XPeng's share price dropped 4.28% the day after last quarter's earnings miss. Historical earnings show mixed results with both misses and beats on EPS estimates.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 11:10 am

MOVE

Movano Inc. (NASDAQ: MOVE) reported a reduced quarterly loss of $(0.18) per share compared to $(0.26) per share in the same quarter last year. As a development stage company, Movano did not generate any revenue. The company's cash and equivalents as of September 30, 2023, totaled $7.7 million.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:07 am

BPTH

Bio-Path Holdings (NASDAQ:BPTH) reported Q3 earnings with an EPS of $-0.32, beating estimates by 5.88% but with no change in revenue from the same period last year. Despite missing EPS last quarter, the share price increased by 7.92% the following day.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 11:05 am