Streetbeat News

Earnings

WAT

Waters Corporation (WAT) has revised its FY23 reported sales growth forecast to -1%-flat, down from the previous range of 3%-4%. The company now expects FY23 organic constant currency sales growth to decline in the range of -2% to -1%, compared to the prior forecast of 0.5% to 1.5%. Currency translation is expected to decrease full-year organic sales growth by approximately 1.5%. The Wyatt transaction is expected to increase full-year reported sales growth by approximately 2.5%.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:56 am

EMR

Emerson Electric Co. (EMR) has projected its Q1 adjusted EPS to be between $1.00 and $1.05, which is lower than the estimated $1.12. However, the company expects a net sales growth of 14-17.5%.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:56 am

UBER

Uber Technologies reported Q3 sales of $9.29 billion, beating the analyst consensus estimate of $8.99 billion by 3.34 percent. This represents an 11.35 percent increase over sales of $8.34 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:56 am

AEHR

BILL

MAXN

SEDG

The article lists four major tech stocks that are currently oversold, presenting a potential buying opportunity. These include BILL Holdings, Aehr Test Systems, Maxeon Solar Technologies, and SolarEdge Technologies. All four companies have reported recent financial results and have a Relative Strength Index (RSI) below 30, indicating they are oversold.

Portfolio Pulse from Lisa Levin

November 07, 2023 | 11:56 am

SES

SES AI (NYSE:SES) reported Q3 losses of $(0.04) per share, beating the analyst consensus estimate of $(0.10) by 60 percent. This is a 50 percent improvement over losses of $(0.08) per share from the same period last year. The company also stated that its liquidity is sufficient to reach commercialization.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:56 am

KKR

KKR has reported its Q3 2023 earnings per share (EPS) at $0.88, beating the estimate of $0.82. The company's revenue for the quarter was $1.464 billion, also surpassing the estimate of $1.418 billion.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:56 am

EMR

Emerson Electric (NYSE:EMR) reported Q4 earnings of $1.29 per share, missing the analyst consensus estimate of $1.31 by 1.53 percent. This is a 15.69 percent decrease from the same period last year. The company also reported quarterly sales of $4.09 billion, missing the analyst consensus estimate of $4.19 billion by 2.46 percent, a 23.69 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:55 am

ZBH

Zimmer Biomet reported Q3 2023 earnings per share (EPS) of $1.65, beating the estimate of $1.60. The company's revenue was $1.754 billion, also surpassing the estimate of $1.75 billion.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:53 am

EXK

Endeavour Silver (NYSE:EXK) reported Q3 adjusted losses of $(0.04) per share, missing the analyst consensus estimate of $0.01 by 500%. This is a 100% decrease from the same period last year. However, the company reported quarterly sales of $49.50 million, beating the analyst consensus estimate of $43.91 million by 12.73%, a 24.85% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:52 am

WAT

Waters Corporation (NYSE:WAT) reported Q3 earnings of $2.84 per share, beating the analyst consensus estimate of $2.55 by 11.37%. This is a 7.58% increase from the same period last year. However, the company's quarterly sales of $711.69 million missed the analyst consensus estimate of $723.35 million by 1.61%, a 0.44% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:52 am