Streetbeat News

Earnings

PWSC

PowerSchool reported its Q2 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:48 pm

ENR

Energizer Holdings, Inc. (ENR) reported worse-than-expected Q3 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:48 pm

GLBE

Global-E Online reported its Q2 financial results, which led to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:47 pm

TDC

Teradata Corporation (TDC) reported better-than-expected Q2 financial results. However, the company's shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:46 pm

KBE

KRE

SPY

XLF

Moody's Managing Director of Financial Institutions has stated that bank downgrades and rating reviews are driven by profit outlook. The downgrades reflect earnings that were 'as good as it gets' in Q2. Banks face challenges from rising rates, potential recession, and funding costs.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 3:42 pm

EVBG

Everbridge, Inc (NASDAQ:EVBG) reported a 7.4% YoY increase in Q2 FY23 revenue to $110.6 million, slightly missing the consensus of $110.76 million. Adjusted EPS was $0.31, beating the consensus of $0.27. However, the company's shares plunged by 19.35% due to headwinds in booking large and perpetual revenue contracts and a lowered revenue guidance for the second half of 2023.

Portfolio Pulse from Akanksha Bakshi

August 08, 2023 | 3:42 pm

DKNG

DraftKings Inc (NASDAQ:DKNG) is on a quicker and more visible path to profitability, according to Truist Securities analyst Barry Jonas. He upgraded the rating for DraftKings from Hold to Buy and raised the price target from $31 to $44. The company's Q2 results were significantly better than consensus estimates. DraftKings is expected to benefit from a more rational promo and marketing environment and could continue to gain market share.

Portfolio Pulse from Priya Nigam

August 08, 2023 | 3:41 pm

FIVN

Five9 reported better-than-expected Q2 financial results, however, its shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:40 pm

HLIO

Helios Technologies reported mixed Q2 financial results and reduced its FY23 outlook, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:38 pm

ZTS

Zoetis reported mixed Q2 results and raised its FY23 EPS guidance, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

August 08, 2023 | 3:36 pm