Streetbeat News

Earnings

OKTA

Okta has raised its FY24 non-GAAP EPS outlook from $0.74-$0.79 to $0.88-$0.93, surpassing the consensus estimate of $0.78.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:18 pm

SOL

Emeren Group (NYSE:SOL) reported Q1 sales of $12.90 million, a 267.10% increase from $3.51 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:18 pm

PVH

PVH Corp reported Q1 earnings of $2.14 per share, beating the analyst consensus estimate of $1.93 by 10.88%. Quarterly sales were $2.16 billion, surpassing the estimate of $2.12 billion by 1.79%. Both earnings and sales increased compared to the same period last year.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:17 pm

NCNO

Ncino reported Q1 earnings of $0.07 per share, beating the analyst consensus estimate of $0.05 by 40%. Quarterly sales were $113.67M, surpassing the estimate of $112.59M by 0.96%. This represents a 216.67% increase in EPS and a 20.66% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:16 pm

VSCO

Victoria's Secret reported Q1 earnings of $0.28 per share, a 74.77% decrease YoY, and quarterly sales of $1.41 billion, missing the $1.42 billion estimate and down 5.19% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:16 pm

NCNO

Ncino (NASDAQ:NCNO) reported Q1 earnings with a 40% beat on estimated EPS at $0.07 and revenue up $19.46 million YoY. The company has a history of beating EPS estimates, which has led to share price increases.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:15 pm

VEEV

Veeva Systems has updated its FY24 guidance, projecting an adjusted EPS of approximately $4.59, higher than the estimated $4.32, and total revenues between $2.36B and $2.37B, in line with the $2.36B estimate.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 8:15 pm

PSTG

Pure Storage (NYSE:PSTG) reported Q1 earnings with an EPS of $0.08, beating estimates by 100.0%. However, revenue was down $31.10 million compared to the same period last year.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:15 pm

ZIP

ZipRecruiter reaffirms its adjusted EBITDA guidance of between $178 million and $192 million for the year ending December 31, 2023.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:15 pm

VEEV

Veeva Systems expects Q2 adjusted EPS of $1.12-$1.13, beating the estimated $1.07, with total revenues of $580M-$582M, in line with the $580.31M estimate.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 8:14 pm