Streetbeat News

Earnings

CM

Canadian Imperial Bank (NYSE:CM) reported Q4 earnings, beating estimates with an EPS of $1.173 against the expected $1.12. Revenue increased by $305.30 million from the previous year. Despite missing EPS last quarter, the share price rose by 0.53% the following day. The bank has had mixed past earnings performance.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 11:05 am

RY

Royal Bank of Canada (NYSE:RY) reported Q4 earnings with an EPS of $2.07, beating estimates by 7.25% and showing a revenue increase of $261 million from the previous year. Despite beating last quarter's EPS estimate, the share price dropped by 1.47% the following day.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 11:05 am

DOOO

BRP Inc. (NASDAQ:DOOO) reported a decrease in Q3 adjusted EPS to $2.28 from $2.74 YoY and a 9.69% drop in sales to $1.84B from $2.04B YoY.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 11:03 am

RY

Royal Bank of Canada (RY) reported its Q4 adjusted earnings per share (EPS) at $2.07 and total sales of $9.71 billion.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 11:03 am

DLTH

Duluth Holdings (NASDAQ:DLTH) reported Q3 earnings with an EPS of $-0.32, missing estimates by 23.08% and a revenue decline from the same period last year. The company's past earnings performance shows a pattern of mixed results, with the share price dropping 1.42% the day after missing EPS last quarter.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 11:00 am

DLTH

Duluth Holdings has updated its FY23 guidance, expecting net sales between $640M-$655M, compared to the previous range of $645M-$660M and against a $644.19M estimate. The company also revised its EPS forecast to a range of $(0.25)-$(0.15), which is a wider loss than the $(0.11) estimate and the prior view of $(0.15)-$(0.08).

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:54 am

DLTH

Duluth Holdings (NASDAQ:DLTH) reported a larger than expected quarterly loss of $(0.32) per share compared to the $(0.26) estimate, a 68.42% decrease from the previous year. Sales also fell short at $138.21M versus the expected $141.47M, marking a 6.06% year-over-year decline.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:53 am

CM

Canadian Imperial Bank (NYSE:CM) reported an 11.71% increase in Q4 adjusted EPS to $1.17, up from $1.05 YoY, and a 7.54% increase in sales to $4.36B, up from $4.05B YoY.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:30 am

GME

Investors are speculating on a 28% rise in GameStop (NYSE:GME) stock ahead of its Q3 earnings report, with heavy trading in out-of-the-money call options expiring on Dec. 8. The stock has already surged 32% over two days, and while it has declined 87% since its peak in January 2021, retail investors are driving the current buying activity, indicating a potential for continued volatility.

Portfolio Pulse from Navdeep Yadav

November 30, 2023 | 9:49 am

FRO

Frontline (NYSE:FRO) reported Q3 adjusted EPS of $0.36, missing the $0.45 estimate, while sales of $377.08M exceeded the $249.41M estimate. Year-over-year, EPS decreased by 2.7%, and sales saw a slight decline of 1.33%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 7:36 am