Streetbeat News

Earnings

AAPL

Apple Inc. reported Q4 results that exceeded estimates, with better-than-expected Services and iPad revenue. However, iPhone revenue was slightly below estimates. The company's year-over-year revenue decline continued for the fourth straight quarter. Apple returned over $25 billion to its shareholders and declared a cash dividend of 24 cents per share. The stock has gained 37.25% year-to-date, underperforming the 'Magnificent Seven', but outperforming the S&P 500 and the Nasdaq Composite indices.

Portfolio Pulse from Shanthi Rexaline

November 02, 2023 | 8:53 pm

SM

SM Energy reported Q3 earnings of $1.73 per share, beating the analyst consensus estimate of $1.56 by 10.9%. However, this is a 4.95% decrease from the same period last year. The company also reported quarterly sales of $640.90 million, beating the analyst consensus estimate of $616.35 million by 3.98%, but this is a 23.29% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:52 pm

VCTR

Victory Capital reported Q3 2023 adjusted EPS of $1.18, beating the estimate of $1.14. The company's revenue was $209.7M, surpassing the estimate of $206.370M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:52 pm

CMBM

Cambium Networks reported Q3 losses of $(0.44) per share, missing the analyst consensus estimate of $(0.09) by 388.89%. This is a 210% decrease over earnings of $0.40 per share from the same period last year. However, the company's quarterly sales of $43.05 million beat the analyst consensus estimate of $42.97 million by 0.18%, despite being a 46.99% decrease over sales of $81.20 million the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 02, 2023 | 8:52 pm

COIN

Coinbase shares are trading lower following the release of the company's Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:52 pm

OUT

Outfront Media reported Q3 earnings of $0.90 per share, beating the analyst consensus estimate of $0.13 by 592.31%. This is a 291.3% increase from the same period last year. However, the company's quarterly sales of $454.80 million missed the analyst consensus estimate of $460.87 million by 1.32%.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:51 pm

MCHP

Microchip Technology reported lower than expected Q2 net sales and issued Q3 adjusted EPS and net sales guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:51 pm

BAND

Bandwidth (NASDAQ:BAND) reported Q3 earnings of $0.23 per share, beating the analyst consensus estimate of $0.17 by 35.29%. However, this is a 14.81% decrease from the same period last year. The company also reported quarterly sales of $152.01 million, beating the analyst consensus estimate of $149.06 million by 1.98%, and marking a 2.49% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 02, 2023 | 8:51 pm

PLYA

Playa Hotels & Resorts (NASDAQ:PLYA) reported Q3 2023 earnings with losses of $(0.06) per share, missing the analyst consensus estimate of $(0.04) by 50%. This is a 250% decrease from the same period last year. However, the company beat sales estimates with $213.15M, a 4.17% increase from last year.

Portfolio Pulse from saritha@benzinga.com

November 02, 2023 | 8:51 pm

OHI

Omega Healthcare reported Q3 2023 earnings per share (EPS) of $0.37, down from $0.43 year over year (YoY). The company's revenue of $242.032M missed the estimate of $247.079M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:50 pm