Streetbeat News

Earnings

ZTO

ZTO Express (Cayman) Inc. has reported its Q3 adjusted earnings per ADS at $0.39 and sales revenue of $1.24 billion.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:20 pm

QFIN

Qifu Technology reported its Q3 adjusted earnings per ADS at $0.99 and sales totaling $586.80 million.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:15 pm

ASTR

Astra Space reported a Q3 adjusted net loss of $(27.4) million, with sales significantly down to $256,000 from $2.78 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:09 pm

POST

Post Holdings forecasts its FY24 Adjusted EBITDA to be between $1.20 billion and $1.26 billion.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:06 pm

POST

Post Holdings (NYSE:POST) reported Q4 adjusted earnings of $1.63 per share, surpassing the consensus estimate of $1.34, marking a 91.76% increase from the previous year. Quarterly sales reached $1.945 billion, slightly above the $1.941 billion estimate, and representing a 23.17% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:04 pm

AMZN

HD

TGT

WMT

Walmart Inc (WMT) exceeded Q3 earnings and revenue estimates but issued cautious holiday guidance, causing shares to drop over 7%. Revenue growth was driven by strong grocery and digital sales, with Walmart U.S. comparable sales up 4.9% YoY. Adjusted EPS was $1.53, above the expected $1.52. Annual guidance was slightly below expectations at $6.40-$6.48 per share. Walmart, Target (TGT), and Home Depot (HD) noted easing inflation, but consumer deal-seeking behavior may impact holiday sales. Walmart competes with Amazon (AMZN) in fast holiday deliveries, with both expanding their fulfillment capabilities.

Portfolio Pulse from Upwallstreet

November 16, 2023 | 9:57 pm

ROST

Ross Stores, Inc. (NASDAQ:ROST) reported Q3 earnings of $1.33 per share, beating estimates of $1.21 and showing a 33% increase from the previous year. Revenue was $4.92 billion, exceeding expectations of $4.82 billion. The company raised its FY23 EPS forecast from $5.15-$5.26 to $5.30-$5.36, while maintaining Q4 sales guidance. CEO Barbara Rentler highlighted strong sales, an improved operating margin of 11.2%, and favorable customer response to value offerings. After-hours trading saw ROST shares rise by 5.47% to $126.72.

Portfolio Pulse from Ryan Gustafson

November 16, 2023 | 9:48 pm

GPS

Gap Inc. shares have risen following the announcement of their third-quarter financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 9:40 pm

ROST

Ross Stores' stock is trading higher following the release of their Q3 financial results, which were positive, leading the company to increase its earnings per share (EPS) guidance for the fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 9:39 pm

DRTS

Alpha Tau Medical reported a 9-month earnings per share (EPS) of $(0.31).

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 9:37 pm