Streetbeat News

Earnings

LULU

Lululemon Athletica's executive has reported strong momentum continuing into Q3, with business in North America accelerating relative to Q2.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 9:11 pm

MDB

MongoDB, Inc. (NASDAQ:MDB) reported better-than-expected Q2 results and issued Q3 and full-year 2024 guidance above estimates. Q2 earnings were 93 cents per share, beating the estimate of 46 cents. Q2 sales were $423.80 million, surpassing the estimate of $393.35 million. The company also reported having $1.9 billion in cash and equivalents. Q3 EPS guidance is between 47 and 50 cents, and revenue is expected to be between $400 million and $404 million. Full-year 2024 EPS is estimated to be between $2.27 and $2.35, with revenue between $1.596 billion and $1.608 billion.

Portfolio Pulse from Ryan Gustafson

August 31, 2023 | 8:58 pm

OXM

Oxford Industries has reduced its FY23 adjusted EPS outlook from $10.80-$11.20 to $10.30-$10.60, against an estimate of $10.78.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:51 pm

OXM

Oxford Industries has reduced its FY23 net sales outlook from $1.59B-$1.63B to $1.570B-$1.600B, which is in line with the estimated $1.6B.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:50 pm

NTNX

Nutanix Inc's shares surged after the company reported better-than-expected Q4 earnings and announced a share buyback program. The company's Q4 revenue increased by 28% YoY to $494.21 million, beating the consensus estimate of $475.16 million. Adjusted earnings per share were 24 cents, surpassing analyst estimates of 16 cents. The company's board authorized a share repurchase program of up to $350 million. Nutanix expects Q1 revenue of $495 million to $505 million, against estimates of $487.22 million.

Portfolio Pulse from Adam Eckert

August 31, 2023 | 8:50 pm

OXM

Oxford Industries has projected its Q3 net sales to be between $320M-$335M, which is lower than the estimated $352.44M. The company also expects its adjusted EPS to be between $0.90-$1.10, lower than the estimated $1.48.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:47 pm

ESTC

Elastic has increased its FY24 adjusted EPS outlook from $0.94-$1.06 to $1.01-$1.11, surpassing the estimated $0.99.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:44 pm

ESTC

Elastic has projected its Q2 total revenue to be between $303M-$305M, surpassing the estimated $301.87M. The company also expects its Non-GAAP EPS to be between $0.23-$0.25, higher than the estimated $0.20.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:39 pm

TLYS

Tilly's, a US-based retail company, has projected a loss per share of between $0.05 and $0.11 for Q3. This is in line with analysts' estimates of a $0.07 loss per share.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:36 pm

TLYS

Tilly's, a US-based retail company, has projected its Q3 net sales to be between $166M and $171M, surpassing the estimated $161.9M. However, this translates to an estimated comparable net sales decrease of 5%-8%.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:34 pm