Streetbeat News

Earnings

VEON

VEON reported Q2 earnings of $0.14 per share, a 90.67% decrease YoY. Sales also decreased by 54.38% to $916.00M compared to $2.01B in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 7:49 am

TEDU

Tarena International (NASDAQ:TEDU) reported Q2 earnings of $0.10 per share, beating the analyst consensus estimate of $(0.02) by 600%. The company also reported quarterly sales of $75.16 million, beating the analyst consensus estimate of $71.96 million by 4.45%. However, this represents a decrease from the same period last year in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 7:37 am

BIG

Big Lots, Inc. (NYSE:BIG) is expected to report a wider loss for Q2 2023, with analysts predicting a loss of $4.12 per share compared to a loss of $2.28 per share in the same period last year. Revenue is expected to be $1.1 billion, down from $1.35 billion. The company's shares gained 2.5% to close at $6.28 on Monday. Several analysts have recently adjusted their price targets for the company, with Goldman Sachs, Deutsche Bank, Loop Capital, and Piper Sandler all lowering their targets.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 7:29 am

ARBK

Argo Blockchain reported H1 2023 revenue of $24.0M, a decrease of 31% YoY. The company also reported an EPS loss of $(0.03). The number of Bitcoin and Bitcoin Equivalent ('BTC') mined was 947, an increase of 1% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 7:26 am

GOGL

Golden Ocean Group (NASDAQ:GOGL) reported Q2 earnings of $0.17 per share, beating the analyst consensus estimate of $0.12 by 41.67%. However, this is a 79.01% decrease from the same period last year. The company also reported quarterly sales of $213.38 million, beating the analyst consensus estimate of $148.97 million by 43.24%, but this is a 32.62% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 6:53 am

PRTC

PureTech Health (NASDAQ:PRTC) reported a 10% decrease in losses per share YoY, from $(0.10) to $(0.09). However, the company's sales decreased by 55.19% YoY, from $7.03M to $3.15M.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 6:51 am

EVO

Evotec (NASDAQ:EVO) reported Q2 losses of $(0.04) per share, missing the analyst consensus estimate by 7.5%. The company also reported quarterly sales of $185.59 million, missing the analyst consensus estimate of $194.36 million by 4.51%. Despite the misses, these figures represent an increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 6:42 am

BBY

HPQ

MMM

SJM

The CNN Money Fear and Greed index showed a slight decline in overall sentiment among U.S. investors on Monday, remaining in the 'Neutral' zone. U.S. stocks recorded gains, with 3M Company shares gaining over 5% amid reports of a $5.5B settlement over faulty military earplugs. Investors are awaiting the release of jobs data and earnings results from Best Buy, HP Inc., and The J. M. Smucker Company.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 5:58 am

FINV

FinVolution Group (NYSE:FINV) reported Q2 adjusted earnings of $0.28 per ADS, a decrease of 9.68% from $0.31 per ADS in the same period last year. However, the company's sales increased by 6.58% to $424.20 million from $398.02 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 10:03 pm

YQ

17 Education & Technology (NASDAQ:YQ) reported a 52.33% decrease in sales this quarter, with sales of $9.50 million compared to $19.93 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 9:07 pm