Streetbeat News

Earnings

CCL

Carnival Corp's shares are trading higher following its recent earnings report. The company reported quarterly losses of 31 cents per share, beating the analyst consensus estimate of a loss of 34 cents. It also reported quarterly sales of $4.91 billion, exceeding the analyst consensus estimate of $4.77 billion by 2.96%. This marks a significant 104.54% increase over sales of $2.40 billion in the same period last year. The company projects its adjusted FY23 EBITDA to be between $4.10 billion and $4.25 billion.

Portfolio Pulse from Henry Khederian

June 28, 2023 | 3:41 pm

UNF

Unifirst reported worse-than-expected Q3 EPS results and issued FY23 EPS guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 3:30 pm

TIGO

Millicom International Cellular SA expects its Q2 service revenue to be between $1.27 billion and $1.3 billion.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 3:15 pm

TIGO

Millicom International Cellular SA has reported slower service revenue growth in the first two months of Q2 2023 compared to Q1. The company now targets a cumulative equity free cash flow of at least $500M for the 2022-2024 period.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 3:15 pm

TIGO

Millicom International Cellular SA has updated its financial targets, predicting lower than previously expected cumulative equity free cash flow for the next three years up to and including 2024.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 3:14 pm

CCL

CUK

Carnival shares are experiencing volatility following the company's earnings report on Monday. The stock is currently trading higher.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 3:09 pm

MITK

Mitek Systems (NASDAQ:MITK) is set to release its latest quarterly earnings report on June 29, 2023. Analysts estimate an earnings per share (EPS) of $0.19. The company's stock price could be influenced not only by the earnings result but also by the company's guidance for the next quarter. In the previous quarter, Mitek Systems beat the EPS estimate by $0.03, resulting in a 20.62% increase in the share price the next day. The company's shares were trading at $10.71 as of June 27, with a 52-week increase of 17.42%.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:01 pm

SMPL

Simply Good Foods (NASDAQ:SMPL) is set to release its latest quarterly earnings report on June 29, 2023. Analysts estimate an earnings per share (EPS) of $0.41. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $34.96, down 9.01% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:01 pm

SOFI

SoFi Technologies has seen a significant option alert with Friday $9.5 calls sweep near the ask of 2245 at $0.12 versus an open interest of 16385. The company is expected to announce its earnings on August 1 after market close. The reference price is $9.07.

Portfolio Pulse from Charles Gross

June 28, 2023 | 2:51 pm

CVNA

Carvana Co. (NYSE:CVNA) shares are trading higher, continuing a recent turbulent streak. The company expects to reach adjusted EBITDA of more than $50 million in Q2 2023. Analysts' price target increases and the release of a short report from Kerrisdale Capital have also influenced the stock's performance. Carvana has a high short interest, with 66.52% of outstanding shares currently sold short. The stock is up more than 123% in the last 30 days.

Portfolio Pulse from Erica Kollmann

June 28, 2023 | 2:51 pm