Streetbeat News

Earnings

SANM

Sanmina (NASDAQ:SANM) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $1.53. Last quarter, the company beat EPS by $0.02, which was followed by a 6.17% drop in the share price. Over the last 52-week period, shares are down 10.12%.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:01 pm

RVMD

Revolution Medicines (NASDAQ:RVMD) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $-1.01. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $21.15 as of November 2, with a 52-week increase of 19.37%.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:00 pm

GT

Goodyear Tire & Rubber (NASDAQ:GT) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $0.18. The company's past performance shows a pattern of share price changes following earnings reports. Last quarter, the company missed EPS by $0.50, resulting in a 16.21% drop in share price. The company's shares are currently trading at $11.97, up 22.38% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:00 pm

BLMN

Bloomin' Brands reported Q3 FY23 sales growth of 2.3% YoY to $1.079 billion, missing the analyst consensus estimate of $1.085 billion. U.S. comparable restaurant sales fell 0.5% during the quarter. The company cut its FY23 U.S. comparable restaurant sales outlook from 2%-4% to 1.5%-2% and adjusted EPS guidance from $2.91-$3.00 to $2.80-$2.90. BLMN shares are trading lower by 2.08% at $23.08.

Portfolio Pulse from Shivani Kumaresan

November 03, 2023 | 3:56 pm

ASIX

AdvanSix Inc (ASIX) reported a Q3 FY23 sales decline of 32.6% Y/Y to $322.91 million, missing the consensus of $367.90 million. The sales decline was due to unfavorable market-based pricing, lower raw material pass-through pricing, and lower volume. Adjusted EPS was $(0.36), down from $0.43 a year ago, missing the consensus of $(0.03). The company declared a quarterly cash dividend of $0.16 per share. ASIX shares were down 8.6% to $25.64 at the time of publication.

Portfolio Pulse from Akanksha Bakshi

November 03, 2023 | 3:53 pm

DH

Definitive Healthcare reported better-than-expected Q3 financial results and issued Q4 adjusted EPS guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 3:53 pm

AAPL

Apple Inc. (AAPL) has reported a Q4 earnings per share of $1.46, surpassing the estimated $1.31, despite a 1% decrease in revenue to $89.50 billion. The company's net income rose by 11% to $22.96 billion. iPhone sales increased by 2.8%, while Mac and iPad sales declined, with Mac sales dropping by nearly 34%. The stock has seen a 36% increase in value for the year, with a 6% rebound after a 16% dip.

Portfolio Pulse from Zaheer Anwari

November 03, 2023 | 3:48 pm

DH

Definitive Healthcare has projected its Q4 2023 adjusted EPS to be between $0.06 and $0.08, higher than the estimated $0.04. However, the company's revenue forecast of $65.5M-$66.4M is slightly lower than the estimated $66.83M.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 3:46 pm

UI

Ubiquiti's Q1 earnings per share (EPS) has decreased to $1.47 from $1.55 year-on-year (YoY). Additionally, sales have also dropped to $463.10M from $498.08M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 3:45 pm

EDIT

Editas Medicine reported its Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 3:40 pm