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Earnings

LI

Li Auto Inc. (NASDAQ:LI) reported a 212.7% YoY increase in vehicle deliveries for September 2023, with 36,060 vehicles delivered. This sets a new monthly record and brings Q3 deliveries to 105,108, a 296.3% YoY increase. Cumulative deliveries for 2023 reached 244,225 by the end of September.

Portfolio Pulse from Charles Gross

October 01, 2023 | 1:49 pm

DLTR

FSR

META

PM

TSLA

Barron's has highlighted several key stories for investors, including Dollar Tree director Daniel J. Heinrich's purchase of 1,650 shares amid a significant stock price decline. Meta Platform's value fluctuated with the introduction of new AI software initiatives. EV startup Fisker plans to raise $170 million via convertible notes due in 2025. Philip Morris shares rose following the announcement of robust growth targets, particularly in smoke-free products. Tesla's third-quarter delivery estimates vary widely, causing market uncertainty.

Portfolio Pulse from Justin Chan

October 01, 2023 | 1:10 am

HOOD

Robinhood has stated that a certain expense was not included in its latest 2023 GAAP total operating expenses outlook of $2.33B-$2.41B, which was disclosed on August 2, 2023. The company has not provided an updated expense outlook but expects to do so when it reports results for Q3 2023.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 9:01 pm

HOOD

Robinhood Markets, Inc. is working to resolve certain historical legal and regulatory matters, as disclosed in its Form 10-Q filed on August 3, 2023. The company expects to accrue an expense of approximately $100M in Q3 2023.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 9:01 pm

NTZ

Natuzzi S.p.A. has reported its Q2 consolidated revenue at €83.5M.

Portfolio Pulse from Bill Haddad

September 29, 2023 | 8:33 pm

BROG

Brooge Energy has reported its first six months revenue for 2023 at $62.9M, marking a 122% increase year-over-year.

Portfolio Pulse from Bill Haddad

September 29, 2023 | 8:06 pm

SNDX

Syndax Pharmaceuticals is set to announce topline results from its pivotal AUGMENT-101 trial of Revumenib in relapsed/refractory KMT2Ar acute leukemia. The company will also host an investor call on October 2.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 8:06 pm

JBL

Stifel analyst Matthew Sheerin reiterated a Buy rating on Jabil Inc. (NYSE:JBL), raising the price target to $135 from $120. Jabil's Q4 FY23 revenue was $8.46 billion, slightly below the consensus estimate. The company's FY24 outlook includes growth in key segments such as auto/transport, industrial, healthcare, and cloud. Jabil plans to spend $2.5 billion in share repurchases, which is expected to drive double-digit EPS growth in FY24 and FY25.

Portfolio Pulse from Nabaparna Bhattacharya

September 29, 2023 | 7:09 pm

TSLA

Wedbush analyst Daniel Ives expects Tesla Inc (TSLA) to announce Q3 delivery numbers in the 440k-445k range, lower than his earlier estimate of 460k/465k, due to longer-than-expected factory downtimes in Shanghai and Austin. Ives also lowered estimates for revenue and EPS for Q3 and Q4. Despite this, Tesla shares are trading higher by 1.10% at $249.11.

Portfolio Pulse from Lekha Gupta

September 29, 2023 | 6:49 pm

UEC

Uranium Energy Corp has filed its FY23 annual report, following which its shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 6:41 pm