Streetbeat News

Earnings

GEF

Greif (NYSE:GEF) reported Q3 adjusted earnings of $1.75 per share, beating the analyst consensus estimate of $1.54 by 13.64%. However, this is a 25.53% decrease from the same period last year. The company's quarterly sales were $1.33 billion, missing the analyst consensus estimate of $1.39 billion by 4.32%, and marking an 18% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 8:16 pm

VSCO

Victoria's Secret (NYSE:VSCO) reported Q2 earnings of $0.24 per share, missing the analyst consensus estimate of $0.26 by 7.69%. The company's quarterly sales were $1.43 billion, missing the estimate of $1.44 billion by 0.90%. This represents a 77.98% decrease in earnings and a 6.18% decrease in sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 8:16 pm

COST

Costco Wholesale Corporation has reported its net sales for August, which amounted to $18.42 billion, marking a 5% increase year-over-year.

Portfolio Pulse from Bill Haddad

August 30, 2023 | 8:16 pm

TITN

Titan Machinery has acquired O'Connors, the largest Case IH dealership group in Australia, for $63M in cash. The combined enterprise is expected to generate approximately $2.9 billion in revenue and $5.20 in diluted earnings per share on an annualized basis, based on Titan's full fiscal year 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 8:12 pm

CHWY

Chewy (NYSE:CHWY) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $(0.05) by 400 percent. This is a 200 percent increase from the same period last year. The company also reported quarterly sales of $2.78 billion, beating the analyst consensus estimate of $2.76 billion by 0.64 percent, a 14.26 percent increase from the same period last year.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 8:11 pm

PSTG

Pure Storage has reported its Q3 revenue at $760M, slightly above the estimated $757.14M.

Portfolio Pulse from Bill Haddad

August 30, 2023 | 8:11 pm

PSTG

Pure Storage reported Q2 earnings of $0.34 per share, beating the analyst consensus estimate of $0.28 by 21.43%. This is a 6.25% increase from the same period last year. The company also reported quarterly sales of $688.67 million, beating the analyst consensus estimate of $680.07 million by 1.26%. This is a 6.48% increase from the same period last year.

Portfolio Pulse from Bill Haddad

August 30, 2023 | 8:10 pm

VEEV

Veeva Systems Inc. has projected its FY24 earnings per share (EPS) to be around $4.68, which is higher than the estimated $4.53. The company also expects its revenue to be between $2.365 billion and $2.37 billion, which is in line with the estimated $2.37 billion.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 8:09 pm

CRWD

CrowdStrike Holdings has increased its guidance for FY24, expecting EPS of $2.80-$2.84, up from the estimated $2.39, and revenue of $3.03B-$3.04B, slightly above the estimated $3.02B. The company's Q3 FY24 guidance includes total revenue of $775.4M-$778.0M and non-GAAP net income of $179.8M-$181.8M.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 8:08 pm

OKTA

Okta has raised its FY24 adjusted EPS outlook from $0.88-$0.93 to $1.17-$1.20, surpassing the estimated $0.91.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 8:08 pm