Streetbeat News

Earnings

PRTG

Portage Biotech (NASDAQ:PRTG) reported a Q1 loss of $(0.33) per share, a 153.85% increase from the $(0.13) per share loss reported in the same period last year.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:17 pm

VRA

Vera Bradley has projected its FY24 earnings per share (EPS) to be between $0.57 and $0.65, compared to the estimated $0.6.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 12:06 pm

BTCY

Biotricity Inc. (NASDAQ:BTCY), a medical diagnostic and consumer healthcare technology company, reported a record $14 million annualized revenue run rate in August 2023, an increase of over eight percent from the previously announced $13 million run rate. The company's sales growth has been accelerated by better patient outcomes and substantial cost savings, as highlighted in its Corporate Impact Report. The company's Bioflux® cardiac monitoring device identified cardiac events in 4,960 of its 111,552 patients in 2022, leading to early intervention and significant cost savings.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:05 pm

BF

Brown Forman Inc Class B Common Stock (NYSE:BF) reported Q1 earnings of $0.48 per share, missing the analyst consensus estimate of $0.53 by 9.43%. This is a 7.69% decrease from the same period last year. The company also reported quarterly sales of $1.04 billion, missing the analyst consensus estimate of $1.05 billion by 1.14%. This is a 3.08% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 12:04 pm

PUK

Prudential (NYSE:PUK) reported a 162.61% increase in quarterly earnings YoY, with EPS at $0.34, up from $(0.55). Sales also increased by 10.39% YoY to $4.59 billion, up from $4.16 billion.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 12:04 pm

VRA

Vera Bradley (NASDAQ:VRA) reported Q2 earnings of $0.33 per share, beating the analyst consensus estimate of $0.12 by 175%. This is a 312.5% increase from the same period last year. However, the company's quarterly sales of $128.20 million missed the analyst consensus estimate of $130.95 million by 2.10%, marking a 1.67% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 12:02 pm

WMT

Walmart Inc (NYSE:WMT) is reportedly asking some of its 16,000 pharmacists across the U.S. to take voluntary pay reduction. The company aims to lower costs by reducing the working hours. This comes after Walmart had raised wages for about 3,700 U.S. pharmacists and over 4,000 opticians in May. Walmart reported second-quarter FY24 sales growth of 5.7% year-on-year to $161.10 billion, beating the analyst consensus estimate.

Portfolio Pulse from Lekha Gupta

August 30, 2023 | 11:55 am

FANH

FANHUA Inc has reiterated its expectation to deliver 50% year-over-year growth in life insurance first year premiums and 50% year-over-year growth in adjusted EBITDA for 2023.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 11:53 am

FANH

Fanhua reported Q2 earnings of $0.20 per share, a 122.22% increase from the same period last year. The company also reported $156.20 million in sales, a 48.80% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 11:50 am

CUE

INIS

KINS

Insiders at Kingstone Companies, Inc. (KINS), International Isotopes Inc. (INIS), and Cue Biopharma, Inc. (CUE) have recently purchased shares, indicating confidence in their respective companies. KINS posted a wider-than-expected quarterly loss, while INIS reported a revenue increase for the six months ended June 30, 2023, and CUE posted upbeat quarterly results.

Portfolio Pulse from Lisa Levin

August 30, 2023 | 11:49 am