Streetbeat News

Earnings

KNTK

Kinetik Holdings (NASDAQ:KNTK) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.60. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $36.67 as of November 6, with a 52-week return of 5.44%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 5:01 pm

SWX

Southwest Gas Hldgs (NYSE:SWX) is set to release its latest quarterly earnings report on Wednesday, 2023-11-08. Analysts estimate an earnings per share (EPS) of $-0.22. Last quarter, the company beat EPS by $0.27, which was followed by a 2.4% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 5:01 pm

EDR

Endeavor Gr Hldgs (NYSE:EDR) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.31. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. The company's shares were trading at $24.12 as of November 6, and have seen a 15.89% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 5:00 pm

SGRY

Surgery Partners reported better-than-expected Q3 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:56 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) shares are trading higher, with a gain of nearly 7% over the last five days and more than 13% over the last month. This follows several game updates and releases by Blizzard Entertainment, a division of Activision Blizzard, which was recently acquired by Microsoft. Microsoft's Q1 financial reports also exceeded expectations, with earnings of $2.99 per share and quarterly revenue of $56.517 billion.

Portfolio Pulse from Erica Kollmann

November 07, 2023 | 4:42 pm

CRWD

DDOG

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) are trading higher in sympathy with Datadog Inc. (NASDAQ:DDOG), after Datadog reported better-than-expected Q3 financial results and issued strong guidance. Datadog's shares are up more than 29% at $102.74, while CrowdStrike's shares are up nearly 4% at $194.15.

Portfolio Pulse from Erica Kollmann

November 07, 2023 | 4:36 pm

GILT

Gilat Satellite Networks Ltd reported Q3 FY23 revenue growth of 6% YoY to $63.9 million, missing the consensus of $67.9 million. Adjusted operating income was $6.1 million, up from $2.4 million a year ago. The company tightened its FY23 revenue forecast to $265 million-$275 million and raised operating income guidance to $29 million-$31 million. GILT shares were down 8.1% following the announcement.

Portfolio Pulse from Anusuya Lahiri

November 07, 2023 | 4:32 pm

TMDX

TransMedics Group Inc reported Q3 revenues of $66.4 million, a 159% Y/Y increase, beating the consensus of $49.19 million. The increase was due to greater utilization of the company's NOP across all three OCS products and the addition of logistics and aviation revenue. The company reported a Q3 EPS loss of $(0.78), down from $(0.25) a year ago. TransMedics has updated its FY23 revenues guidance to $222 million-$230 million, compared to prior guidance of $180 million-$190 million.

Portfolio Pulse from Vandana Singh

November 07, 2023 | 4:30 pm

GMAB

Genmab A/S has updated its 2023 operating profit guidance to be in the range of DKK 4,800M – DKK 5,750M, compared to the previous guidance of DKK 4,500M – DKK 6,000M. The updated guidance is driven by higher total royalty revenues from Darzalex and other products.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:29 pm

GMAB

Genmab A/S has revised its 2023 operating expenses guidance to be in the range of DKK 10,600M – DKK 10,900M, up from the previous guidance of DKK 10,400M – DKK 10,900M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:28 pm