Streetbeat News

Earnings

LFVN

Lifevantage Corporation reported a year-over-year increase in its Q4 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 2:10 pm

BIG

Big Lots reported better-than-expected Q2 financial results and issued positive guidance for Q3 and Q4, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 2:09 pm

BBY

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

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 2:07 pm

AMZN

BBY

CTLT

ELF

GOOG

INTC

META

MMM

MSFT

NIO

China is taking measures to shield its economy from the real estate sector crisis by reducing bank deposit and mortgage rates. President Biden targets cancer and diabetes drugs in a controversial Medicare price battle. Google collaborates with Nvidia in AI expansion. 3M Co settles a multi-billion dollar lawsuit. Catalent Inc finalizes a deal with Elliott Investment Management and reports mixed Q4 earnings. e.l.f. Beauty acquires Naturium skincare brand. Intel Corp eyes a next-generation data center chip. Meta Platforms Inc tackles China-linked disinformation surge. Microsoft's president cautions against weaponizing AI. Amazon raises its free shipping minimum for non-Prime customers. Google ventures into renewable energy mapping. Nio Inc and Best Buy Co Inc report their Q2 results.

Portfolio Pulse from Vandana Singh

August 29, 2023 | 2:06 pm

BIG

Big Lots Inc (NYSE:BIG) reported a 15.4% YoY decline in Q2 FY23 sales to $1.14 billion, beating the consensus of $1.10 billion. The company's gross margin expanded to 33% and held $46.03 million in cash and equivalents as of July 29, 2023. The company also closed a $294 million sale/leaseback deal, which was not included in the quarter-end liquidity of $258 million. Big Lots expects business improvements in H2 2023, with a moderating comp sales decline and improving gross margins.

Portfolio Pulse from Akanksha Bakshi

August 29, 2023 | 2:03 pm

VBNK

VersaBank (NASDAQ:VBNK) is set to release its latest quarterly earnings report on August 30, 2023. Analysts estimate an earnings per share (EPS) of $0.31. The company's past performance shows a pattern of beating EPS estimates. The stock was trading at $8.06 as of August 25, with a 52-week return of 8.77%.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:02 pm

PAHC

Phibro Animal Health (NASDAQ:PAHC) is set to release its latest quarterly earnings report on August 30, 2023. Analysts estimate an EPS of $0.40. The company's past performance shows a trend of share price drops following earnings misses. The stock was trading at $14.98 as of August 28, with a 52-week return of 0.51%.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:02 pm

MCFT

MasterCraft Boat Hldgs (NASDAQ:MCFT) is set to release its latest quarterly earnings report on August 30, 2023. Analysts estimate an earnings per share (EPS) of $1.07. The company's past performance shows it beat EPS estimates last quarter, resulting in a slight increase in share price. The stock is currently trading at $24.96, with a 52-week increase of 2.95%.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:02 pm

OKTA

Okta (NASDAQ:OKTA) is set to release its latest quarterly earnings report on August 30, 2023. Analysts estimate an earnings per share (EPS) of $0.22. The company's past performance shows a pattern of share price changes following earnings reports. Okta's shares were trading at $72.12 as of August 28, with a 21.37% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:02 pm

COO

Cooper Companies (NYSE:COO) is set to release its latest quarterly earnings report on Wednesday, 2023-08-30. Analysts estimate an earnings per share (EPS) of $3.34. The company's past performance shows a mixed impact on the share price post-earnings announcement. The stock is currently trading at $373.36 and has seen a 30.16% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:01 pm