Streetbeat News

Earnings

BRZE

ECX

ORCL

TEDU

The Dow recorded gains for the fourth straight session on Friday, with the CNN Money Fear and Greed index showing improved sentiment among U.S. investors. Braze, Inc. shares jumped 16% after posting strong Q1 results and forecast. Investors await earnings results from Oracle Corporation, ECARX Holdings Inc., and Tarena International, Inc.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 7:51 am

CBRL

YUM

Yum Brands (NYSE:YUM) is set to pay a dividend of $0.60 per share on June 9, 2023, with an annualized dividend yield of 1.87%. The company has experienced growth in its dividend per share and earnings per share from 2019 to 2022, indicating a strong financial position and ability to sustain dividend distributions.

Portfolio Pulse from Benzinga Insights

June 09, 2023 | 9:00 pm

GROW

US Global Investors (NASDAQ:GROW) reported Q2 earnings of $0.06 per share, a 75% decrease YoY, and sales of $3.73 million, a 43.29% decrease YoY.

Portfolio Pulse from Happy Mohamed

June 09, 2023 | 8:16 pm

BANX

ArrowMark Financial Corp. reported a net income of $0.62 per share for the quarter ending March 31, 2023, exceeding the quarterly distribution rate of $0.39 per share. The company aims to maximize total risk-adjusted returns and generate long-term value for shareholders.

Portfolio Pulse from Happy Mohamed

June 09, 2023 | 8:05 pm

YELL

Yellow Corporation (NASDAQ:YELL) reported Q2 2023 operating metrics, showing a 4.0% increase in LTL revenue per hundredweight and a 1.9% increase in LTL revenue per shipment compared to a year ago, excluding fuel surcharge.

Portfolio Pulse from Happy Mohamed

June 09, 2023 | 8:03 pm

GME

GameStop shares are trading higher after a rebound following weak Q1 results and the appointment of Ryan Cohen as executive chairman, replacing the former CEO.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 7:49 pm

BRZE

Braze, Inc. (NASDAQ:BRZE) reported better-than-expected Q1 FY24 results with a 31.3% Y/Y revenue growth to $101.8 million and an adjusted EPS loss of $(0.13). Needham analyst Scott Berg reiterated a Buy rating and set a price target of $50, citing strong additions across customer cohorts and shifting consumer trends towards modern solutions like Braze.

Portfolio Pulse from Nabaparna Bhattacharya

June 09, 2023 | 7:09 pm

IOT

Samsara shares are trading higher following the company's better-than-expected Q1 results and an increased FY24 outlook reported last week.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 7:00 pm

BRZE

PL

U.S. stocks traded higher with Dow Jones gaining around 50 points on Friday. Information technology shares jumped by 0.7%, while materials shares fell by 0.9%. Crude oil traded down 1.4% to $70.28. Braze, Inc. (BRZE) posted upbeat Q1 results and issued a strong forecast, while Planet Labs PBC (PL) shares tumbled after reporting Q1 results.

Portfolio Pulse from Lisa Levin

June 09, 2023 | 6:56 pm

SFIX

Stitch Fix shares are trading lower after a surge following its recent Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 6:55 pm