Streetbeat News

Earnings

SDA

SunCar Technology Group (NASDAQ:SDA) reported a 200% decrease in earnings per share (EPS) from $0.04 to $(0.04) YoY. However, the company's sales increased by 27.78% to $159.38 million from $124.73 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:35 pm

ASTC

Astrotech Corporation has reported a year-on-year decrease in its FY23 EPS, which is now $(5.95), down from $(5.24).

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:33 pm

Micron Technology Inc's shares are trading lower following the company's Q4 financial results. Despite beating revenue and EPS estimates, the company's weak earnings outlook for the fiscal first quarter seems to be negatively impacting the stock. Analysts from Citigroup, Baird, and Rosenblatt have reiterated their ratings, with price targets ranging from $65 to $100.

Portfolio Pulse from Adam Eckert

September 28, 2023 | 1:28 pm

Toyota Motor Corp (NYSE:TM) reported a 4.3% increase in global production to 924,509 vehicles in August, including subsidiaries Daihatsu Motor Co and Hino Motors Ltd. The company attributed the rise to recovery from semiconductor shortages. Worldwide sales grew 9.4% to 923,180 units. Year-to-date, total sales increased 5.9% to 7.26 million vehicles, and production rose 9.5% to 7.47 million units. Toyota is also planning to build a third car plant in India to expand production capacity.

Portfolio Pulse from Shivani Kumaresan

September 28, 2023 | 1:20 pm

KMX

During a conference call, a CarMax executive stated that timing, marketing, and technology spending will impact the second half of fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:17 pm

INTU

Intuit has reiterated its Q1 and FY24 guidance ahead of its Investor Day, which is set to begin at 8:00 a.m. PT.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:08 pm

NKE

Nike Inc. is expected to report its Q1 financial results on Sept. 28, 2023. The options market implies a move of around +/-6%, which is in line with the historical average. Large options traders purchased 1,000 of the September weekly 95-calls at an average price of 73 cents per share. Analysts expect Nike to post quarterly earnings at 70 cents per share on revenue of $12.26 billion.

Portfolio Pulse from Priya Nigam

September 28, 2023 | 1:08 pm

BODY

CHS

KMX

PTON

In Thursday's pre-market session, several consumer discretionary stocks saw significant movement. Chico's FAS, Beachbody Co, Peloton Interactive, Latham Group, Connexa Sports Techs, and QuantaSing Group experienced gains, while CarMax, Kidpik, Kaixin Auto Hldgs, and Carvana saw decreases. CarMax's Q2 earnings were also released.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 1:06 pm

ACN

ALPP

ASNS

ASTI

CXAI

GNSS

INPX

OPRA

TRT

WAVD

WDAY

ZFOX

In Thursday's pre-market session, several IT stocks showed significant movement. Inpixon, WaveDancer, Alpine 4 Holdings, ZeroFox Holdings, CXApp, and Actelis Networks saw gains, while Ascent Solar Technologies, Genasys, Trio-Tech Intl, Workday, Opera, and Accenture experienced losses. Trio-Tech Intl and Accenture's losses followed their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 1:05 pm

CNXC

Concentrix Corporation's Q3 FY23 sales grew by 3.4% to $1.63 billion, missing the analyst consensus estimate of $1.64 billion. Adjusted EPS of $2.71 also missed the analyst consensus of $2.84. The company's Board of Directors declared a quarterly dividend of $0.3025 per share, a 10% increase. However, the company's shares are trading lower by 7.05% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

September 28, 2023 | 1:05 pm