Streetbeat News

Earnings

HPQ

HP Inc (NYSE:HPQ) shares dropped after reporting a 6.5% Y/Y decline in Q4 FY23 net revenue to $13.817 billion, slightly above consensus. Personal Systems' revenue fell 8% Y/Y, with flat total units and a mix of Consumer and Commercial PS unit changes. Adjusted EPS met expectations at $0.90. HP generated $3.6 billion in operating cash flow and $3.1 billion in free cash flow for FY23, returning $1.1 billion to shareholders through repurchases and dividends. The company announced a 5% dividend increase and provided Q1 and FY24 EPS guidance above consensus estimates. Despite this, HPQ shares fell 2.37% in premarket trading.

Portfolio Pulse from Lekha Gupta

November 22, 2023 | 11:43 am

FEDU

Four Seasons Education (NYSE:FEDU) reported a significant increase in sales to $8.52M in H1, up from $2.01M YoY, with adjusted earnings per share at $0.41.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 11:39 am

TRMR

Tremor International projects its FY23 adjusted EBITDA to be between $80 million and $85 million.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 11:33 am

TRMR

Tremor Intl (NASDAQ:TRMR) reported Q3 adjusted EPS of $0.09, surpassing the $0.06 estimate, but with a year-over-year decrease of 18.18%. Sales reached $80.10M, slightly missing the $80.56M estimate, yet marking a 13.05% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 11:32 am

Deere & Company forecasts its net income attributable for fiscal year 2024 to be between $7.75 billion and $8.25 billion, as the company expects volumes to return to mid-cycle levels.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 11:08 am

BZUN

GDS

GOTU

JFIN

RERE

STG

TRMR

XYF

Earnings are scheduled for November 22, 2023, for several companies. Before the bell, Jiayin Gr, Tremor Intl, ATRenew, Baozun, EHang Holdings, GDS Holdings, Sunlands Technology, Gaotu Techedu, and Deere are set to report their quarterly results. After the bell, X Financial and LexinFintech Holdings will release their earnings. Notable projections include Tremor Intl's earnings at $0.06 per share with $80.56 million in revenue, GDS Holdings' expected loss at $0.27 per share with $345.59 million in revenue, and Deere's anticipated earnings at $7.09 per share on revenue of $12.91 billion.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 11:06 am

ADSK

BODY

DLO

GES

GOTU

HPQ

MOR

SPCE

SYM

DLocal Limited reported lower-than-expected Q3 earnings and sales, reaffirmed FY23 revenue guidance below estimates, and announced the CFO's departure, causing shares to drop 12.9% in pre-market. Other stocks experiencing pre-market losses include Guess?, The Beachbody Company, Gaotu Techedu, Virgin Galactic, Autodesk, MorphoSys, Symbotic, and HP Inc. Reasons for declines vary from disappointing financial results to company-specific news such as reverse stock splits and study results.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 11:05 am

Deere & Company (NYSE:DE) reported Q4 earnings per share (EPS) of $8.26, an 11.02% increase from $7.44 last year. Quarterly sales were $15.41B, surpassing the $13.69B estimate but slightly down by 0.80% from $15.54B in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 11:05 am

JFIN

Jiayin Group (JFIN) reported a 29.69% increase in Q3 EPS to $0.83 from $0.64 YoY, and a 59.86% increase in sales to $200.98M from $125.72M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 11:03 am

JFIN

Jiayin Group (JFIN) reported a 29.69% increase in quarterly earnings per share (EPS) at $0.83, up from $0.64 YoY. Sales also rose by 59.86% to $200.98M from $125.72M YoY.

Portfolio Pulse from totan@benzinga.com

November 22, 2023 | 11:02 am