Streetbeat News

Earnings

OUT

Outfront Media reported better-than-expected Q3 earnings per share (EPS) results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:35 pm

VVI

Viad Corp reported better-than-expected Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:35 pm

GDYN

Grid Dynamics Holdings reported better-than-expected Q3 revenue results and issued Q4 revenue guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:33 pm

CYBR

CyberArk Software Ltd (NASDAQ:CYBR) posted better-than-expected Q3 results, with a YoY revenue growth of 25% to $191.2 million, beating the consensus of $184.7 million. The company also raised its FY23 revenue and EPS outlook. Following the earnings announcement, several analysts including Keybanc, Morgan Stanley, Wedbush, and Stephens & Co. increased their price targets on CyberArk.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 4:33 pm

PAA

Plains All American Pipeline LP (PAA) reported Q3 2023 revenue of $12.07 billion, missing the consensus of $14.5 billion. Adjusted EPS of 35 cents beat the consensus of 26 cents. The company closed two acquisitions that enhance the service offering of their Permian JV. PAA and PAGP announced quarterly cash distributions of $0.2675 per Common Unit and per Class A Share. PAA raised the outlook for attributable adjusted EBITDA to $2.60 billion - $2.65 billion from $2.45 billion - $2.55 billion. PAA shares are trading lower by 2.41% at $15.50.

Portfolio Pulse from Lekha Gupta

November 03, 2023 | 4:33 pm

AAPL

Apple Inc (NASDAQ:AAPL) reported strong Q4 results, with analysts highlighting the strength of iPhone sales and the acceleration in Apple's Services revenue. However, concerns were raised about the deceleration of iPad, Wearables and Accessories due to product launch timing, and the potential for a weak iPhone cycle impacting revenues for the December quarter. Analysts from Goldman Sachs, Oppenheimer, Wedbush, Rosenblatt, Raymond James, Needham, and Bernstein provided their ratings and price targets for Apple.

Portfolio Pulse from Chris Katje

November 03, 2023 | 4:33 pm

ASIX

AdvanSix reported worse-than-expected Q3 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:32 pm

BBU

Brookfield Business Partners reported Q3 financial results and announced it received regulatory approval for the sale of Westinghouse. This news led to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:32 pm

FLGT

Fulgent Genetics reported better-than-expected Q3 revenue results and issued FY23 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:27 pm

MRNA

Moderna Inc (MRNA) reported a Q3 loss of $(9.53), down from EPS income of $2.53, missing analysts' estimate of $(1.93). Sales reached $1.8 billion, beating the consensus of $1.4 billion but down from $3.4 billion a year ago. HSBC and Goldman Sachs lowered their price targets on Moderna following the earnings announcement.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 4:26 pm