Streetbeat News

Earnings

FTCI

FTC Solar reported mixed Q3 financial results and issued guidance, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:30 pm

AVDX

AvidXchange Holdings reported better-than-expected Q3 financial results and raised its FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:29 pm

RL

Ralph Lauren Corp reported Q2 FY24 sales growth of 3% YoY to $1.63 billion, beating the analyst consensus estimate of $1.61 billion. Revenue in North America decreased by 1%, Europe increased by 7%, and Asia grew by 10%. The company held $1.5 billion in cash and equivalents as of September 30, 2023. Ralph Lauren continues to expect revenues to increase approximately low-single digits to last year on a constant currency basis. RL shares are trading higher by 2.13% at $115.26.

Portfolio Pulse from Shivani Kumaresan

November 08, 2023 | 5:28 pm

GO

Grocery Outlet has reported lower-than-expected Q3 revenue guidance and issued FY23 guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:21 pm

DOX

Amdocs reported Q4 financial results and issued Q1 guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:19 pm

FRPH

FRP Holdings (NASDAQ:FRPH) reported Q3 earnings of $0.13 per share, a 160% increase YoY. The company also reported sales of $10.59M, a 13.96% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:19 pm

APLE

Apple Hospitality REIT has reported its Q3 financial results and issued FY23 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:18 pm

TWLO

Twilio Inc (NYSE:TWLO) is set to report its Q3 earnings on Nov. 8. Analysts are optimistic about the company's growth potential, particularly due to its strategic acquisition of Segment and its latest generative AI tools. The company has also increased its portfolio diversification and capacity for growth through product development and acquisitions. The Street expects Twilio to report 35 cents in EPS and $988.23 million in revenue. The consensus price target on the stock is $67.61, representing a 22% upside.

Portfolio Pulse from Surbhi Jain

November 08, 2023 | 5:16 pm

DNLI

Denali Therapeutics reported a year-over-year decrease in Q3 revenue results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:12 pm

ZLAB

Zai Lab's shares are trading higher following the company's report of better-than-expected Q3 earnings per share (EPS) results.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:11 pm