Streetbeat News

Earnings

BOX

Box Inc has updated its FY24 guidance. Revenue is expected to be between $1.040 billion and $1.044 billion, representing a 5% YoY increase at the high end of the range. GAAP operating margin is expected to be around 4.5%, and non-GAAP operating margin is expected to be 25.5%. GAAP net income per share is expected to be between $0.17 and $0.21, while non-GAAP diluted net income per share is expected to be between $1.46 and $1.50. This represents an increase from Box's previous guidance.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:09 pm

NCNO

Ncino (NASDAQ:NCNO) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $0.07 by 28.57%. This is a 325% increase over losses of $(0.04) per share from the same period last year. The company also reported quarterly sales of $117.20 million, beating the analyst consensus estimate of $114.97 million by 1.94%. This is a 17.64% increase over sales of $99.63 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:08 pm

BOX

Box Inc has projected its Q3 earnings per share (EPS) to be between $0.37 and $0.38, lower than the estimated $0.39. The company also expects its revenue to be between $261M and $263M, which is less than the estimated $265.63M.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:08 pm

HPE

Hewlett Packard Enterprise (HPE) has projected its Q4 adjusted EPS to be between $0.48 and $0.52, compared to the estimated $0.49. The company also expects its revenue to range from $7.2B to $7.5B, against the estimated $7.49B.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:08 pm

AMWD

American Woodmark (NASDAQ:AMWD) reported Q1 adjusted earnings of $2.78 per share, beating the analyst consensus estimate of $2.30 by 20.87%. This is a 62.57% increase from the same period last year. The company also reported quarterly sales of $498.25 million, beating the analyst consensus estimate of $497.38 million by 0.18%, but this is an 8.22% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:07 pm

HPE

Hewlett Packard (NYSE:HPE) reported Q3 earnings of $0.49 per share, beating the analyst consensus estimate of $0.47 by 4.26%. This is a 2.08% increase from the same period last year. The company also reported quarterly sales of $7.00 billion, beating the analyst consensus estimate of $6.99 billion by 0.14%. This is a 0.70% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:06 pm

BOX

Box (NYSE:BOX) reported Q2 earnings of $0.36 per share, beating the analyst consensus estimate of $0.35 by 2.86%. This is a 28.57% increase from the same period last year. The company also reported quarterly sales of $261.43 million, beating the analyst consensus estimate of $261.12 million by 0.12%. This is a 6.27% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:06 pm

PSEC

Prospect Capital reported Q4 earnings of $0.23 per share, beating the analyst consensus estimate of $0.21 by 9.52%. The company also reported quarterly sales of $221.50 million, surpassing the analyst consensus estimate of $216.46 million by 2.33%. This represents a 19.98% increase over sales from the same period last year.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:03 pm

GEF

Greif (NYSE:GEF) is set to release its latest quarterly earnings report on August 30, 2023. Analysts estimate an earnings per share (EPS) of $1.54. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. Currently, Greif's shares are trading at $72.42, with a 9.72% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 8:00 pm

TRUFF

Red Light Holland Corp. (OTCQB:TRUFF) reported a 53.1% increase in quarterly revenue and an 80.9% increase in gross profit for Q1 2024. However, the company also reported a net loss of $1.4 million, up from $1.1 million in the same period in 2022. The company's cash and cash equivalents totaled $12.9 million, down from $13.6 million in March 2023 and $17 million in June 2022. CEO Todd Shapiro expressed confidence in the company's growth strategy and CFO David Ascott stated that the company's financial position remains strong.

Portfolio Pulse from Lara Goldstein

August 29, 2023 | 7:28 pm