Streetbeat News

Earnings

EL

Estee Lauder Cos reported Q4 adjusted losses of $(0.21) per share, missing the analyst consensus estimate of $(0.03) by 600%. However, the company's quarterly sales of $3.61 billion beat the analyst consensus estimate of $3.47 billion by 4.03%.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:50 am

TSLA

XPEV

XPeng Inc reported a Q2 FY23 sales decline of 31.9% YoY, beating the consensus. However, its non-GAAP net loss per ADS missed the consensus. The company's vehicle deliveries decreased by 32.6% YoY. Revenues from vehicle sales also decreased by 36.2% YoY. Despite these headwinds, the company sees momentum with the launch of XPENG G6. The company expects Q3 vehicle deliveries and revenue to increase YoY. XPEV shares fell by 6.45% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

August 18, 2023 | 10:49 am

STG

Sunlands Technology (NYSE:STG) reported Q2 earnings of $1.73 per ADS, a 37.3% increase YoY. However, sales decreased by 12.4% to $72.59 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:12 am

XPEV

XPeng reported mixed Q2 earnings and a lower-than-expected Q3 revenue outlook, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:10 am

DE

Deere has increased its FY23 net income attributable outlook from $9.25B-$9.50B to $9.75B-$10.00B.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:08 am

DE

Deere (NYSE:DE) reported Q3 earnings of $10.20 per share, beating the analyst consensus estimate of $8.20 by 24.39%. This is a 65.58% increase from the same period last year. The company also reported quarterly sales of $15.80 billion, beating the analyst consensus estimate of $14.25 billion by 10.88%. This is a 12.05% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:06 am

XPEV

XPENG Inc. has provided its Q3 2023 outlook, expecting vehicle deliveries to be between 39,000 and 41,000, a YoY increase of 31.9% to 38.7%. Total revenues are expected to be between RMB8.5 billion and RMB9.0 billion, a YoY increase of 24.6% to 31.9%. These estimates are based on current market conditions and customer demand, and are subject to change.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:05 am

XPEV

XPENG reported its Q2 cash and equivalents to be $4.65 billion as of June 30, 2023. This includes cash and cash equivalents, restricted cash, short-term investments, and time deposits.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:03 am

XPEV

XPENG has reported its Q2 revenue from vehicle sales to be $610.17 million.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:02 am

XPEV

XPENG reported a 27.3% quarter-over-quarter increase in total vehicle deliveries for Q2 2023, with 23,205 vehicles delivered compared to 18,230 in Q1 2023.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 10:02 am