Streetbeat News

Earnings

MESO

Mesoblast Limited reported better-than-expected FY23 EPS results, leading to a rise in its share prices. The stock was also upgraded from Hold to Buy by Jefferies.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 2:31 pm

PKST

Peakstone Realty Trust reported Q2 results, leading to a decrease in its share prices.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 2:24 pm

DG

Dollar General's executive has stated that the company expects Q4 to be significantly better than Q3 in terms of comparable sales and earnings per share (EPS).

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 2:24 pm

DG

Dollar General's executive has stated that while they expect traffic trends to improve, they do not anticipate positive traffic until Q4.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 2:23 pm

GCO

Genesco Inc. reported better-than-expected Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 2:23 pm

DG

Dollar General's executive has announced an expected increase of about $100M in additional shrink headwind since the last quarter's call in FY23.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 2:20 pm

FLWS

1-800-FLOWERS.COM reported mixed Q4 results, leading to an increase in its share price.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 2:19 pm

TITN

Titan Machinery's shares are trading higher following the company's Q2 results, which exceeded expectations.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 2:18 pm

CIEN

Ciena Corp (NYSE:CIEN) reported a Q3 FY23 revenue growth of 23% YoY to $1.07 billion, beating the consensus estimate of $1.04 billion. The company's non-GAAP EPS was $0.59, above the consensus of $0.51. Total Networking Platforms revenue grew by 27.4% YoY to $846.6 million, and Total Global Services increased by 5.5% YoY to $129.3 million. The stock has lost 15% YTD, with at least two analysts cutting its price target in August.

Portfolio Pulse from Anusuya Lahiri

August 31, 2023 | 2:16 pm

LE

Lands' End reported worse-than-expected Q2 results and issued weak guidance, causing its shares to trade lower.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 2:15 pm