Streetbeat News

Earnings

BOOM

DMC Global has projected its Q4 2023 revenue to be between $170M and $180M, which is slightly lower than the estimated $177.3M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:52 pm

CPS

Cooper-Standard Holdings (NYSE:CPS) reported Q3 earnings of $0.85 per share, beating the analyst consensus estimate of $(0.82) by 203.66%. This is a 149.71% increase over losses of $(1.71) per share from the same period last year. The company also reported quarterly sales of $736.04 million, beating the analyst consensus estimate of $695.00 million by 5.90%. This is a 12.00% increase over sales of $657.15 million the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 02, 2023 | 9:48 pm

VTR

Ventas, a real estate investment trust, reported its Q3 sales at $1.15 billion.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:47 pm

SAMG

Silvercrest Asset Mgmt Gr (NASDAQ:SAMG) reported Q3 2023 earnings of $0.36 per share, missing the analyst consensus estimate of $0.38 by 5.26%. The company also reported quarterly sales of $29.70 million, missing the analyst consensus estimate of $31.67 million by 6.21%. However, both earnings and sales show an increase compared to the same period last year.

Portfolio Pulse from vinayak@benzinga.com

November 02, 2023 | 9:47 pm

WULF

TeraWulf Inc. (NASDAQ:WULF) has released its unaudited monthly production and operations update for October 2023. The company mined 314 bitcoins in October, bringing the total to 2,744 BTC mined year-to-date. The company also participated in multiple demand response programs at the Lake Mariner facility. The power cost averaged $10.8k per bitcoin produced. The company's Lake Mariner facility is on schedule for completion by year-end.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:46 pm

CMG

MCD

META

SBUX

Starbucks Corporation reported its fiscal fourth quarter earnings, topping estimates with a revenue rise of 11.4% to $9.37 billion. The company attributed its success to U.S. customers continuing to spend on custom coffee drinks, even amidst inflation. The trend follows similar reports from McDonald’s Corporation and Chipotle Mexican Grill Inc. Starbucks also credited social media platforms like TikTok and Instagram for promoting custom drinks. The company's active reward members grew 4% YoY in the U.S. and 22% YoY in China.

Portfolio Pulse from Upwallstreet

November 02, 2023 | 9:45 pm

CHUY

Chuy's Holdings has projected its FY23 adjusted EPS to be between $1.85 and $1.90, which is higher than the estimated $1.84.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:45 pm

MACK

Merrimack Pharmaceuticals reported Q3 losses of $(0.02) per share, a 33.33% improvement from $(0.03) per share losses in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:45 pm

SYK

Stryker Corporation has projected its FY23 organic net sales growth to be between 10% and 10.5%. The company also anticipates its adjusted EPS to be in the range of $10.35 to $10.45, compared to the estimated $10.36.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:45 pm

AAPL

Apple's CEO, Tim Cook, has stated that the company's Q4 performance in China was negatively impacted by weak sales of Mac and iPad products.

Portfolio Pulse from Charles Gross

November 02, 2023 | 9:45 pm