Streetbeat News

Earnings

EH

EHang Holdings (NASDAQ:EH) reported Q2 adjusted losses of $(0.12) per share, beating the analyst consensus estimate of $(0.17) by 29.41%. However, the company's quarterly sales of $1.38 million missed the analyst consensus estimate of $3.34 million by 58.68%.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 9:03 am

YRD

Yiren Digital (NYSE:YRD) reported Q2 earnings of $0.82 per share and $182.62 million in sales.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 9:01 am

AEG

AEGON NV has reported an operating result of $891.56 million in the first half of fiscal year 2023, with an earnings per share (EPS) of $(0.13).

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:46 am

AMAT

CSCO

SNPS

TPR

WMT

Walmart, Cisco Systems, Tapestry, Synopsys, and Applied Materials are the stocks to watch heading into Thursday. Walmart is expected to post quarterly earnings at $1.70 per share on revenue of $160.19 billion. Cisco reported better-than-expected Q4 results but issued a weak revenue forecast. Tapestry is expected to have earned 97 cents per share on revenue of $1.65 billion. Synopsys reported upbeat earnings for Q3 and announced a CEO change. Applied Materials is expected to report quarterly earnings at $1.74 per share on revenue of $6.16 billion.

Portfolio Pulse from Lisa Levin

August 17, 2023 | 8:34 am

BEDU

Bright Scholar Education Holdings (BEDU) forecasts FY23 revenue to be between RMB1.9B and RMB2.0B, representing a YoY increase of 10%-15%. This is higher than the estimated $616.77M.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:16 am

BEDU

Bright Scholar Education Holdings reported a revenue of $141M for the six months ended February 28, marking an increase of 11.9% YoY. The adjusted EPADS stands at 0.04.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:15 am

ICG

Intchains Gr (NASDAQ:ICG) reported Q2 losses of $(0.02) per share and sales of $1.92 million.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 7:58 am

SQM

Sociedad Química y Minera de Chile (SQM) reported a 7% YoY decrease in revenue for the six months ended June 30, with a total of $4.32B. The company also reported an EPS of $2.03.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 7:51 am

CALT

Calliditas Therapeutics reported Q2 earnings with losses of $(0.16) per share, a 77.88% increase YoY. Sales were reported at $25.61M, a 293.04% increase YoY. The company's cash balance stands at $82.33M.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 7:32 am

AMAT

PGR

ROST

TGT

TPR

WMT

The CNN Money Fear and Greed index moved to the 'Neutral' zone after the Federal Reserve's July meeting minutes indicated a possibility of rising interest rates due to inflation risks. U.S. stocks settled lower, with the Nasdaq falling more than 1%. Shares of Target (TGT) and The Progressive Corporation (PGR) gained after reporting better-than-expected earnings. Investors are awaiting earnings results from Walmart (WMT), Tapestry (TPR), Applied Materials (AMAT), and Ross Stores (ROST).

Portfolio Pulse from Lisa Levin

August 17, 2023 | 6:48 am