Streetbeat News

Earnings

EXPR

Express reported Q1 losses of $(0.99) per share, worse than last year's $(0.18) per share. Quarterly sales were $383.30 million, missing the analyst consensus estimate of $389.43 million by 1.57% and down 14.97% from last year.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 9:32 am

A

Agilent Technologies reported Q2 FY23 revenues of $1.72 billion, beating estimates, with growth across all segments. However, the company lowered its FY23 outlook amid increased market uncertainties, causing its shares to tumble.

Portfolio Pulse from Lekha Gupta

May 24, 2023 | 9:29 am

PGRU

PropertyGuru Group reported Q1 losses of S$(0.06) per share, a 93.33% increase YoY, and sales of S$32.63 million, a 15.57% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 9:13 am

ZH

Zhihu (NYSE:ZH) reported Q1 losses of $(0.04) per share and sales of $144.77 million, beating analyst consensus estimate of $136.76 million by 5.86%. This represents a 23.48% increase over sales of $117.24 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 9:10 am

FUTU

Futu Holdings reported Q1 earnings of $1.14 per share, beating the analyst consensus estimate of $0.71 by 61.13%. Quarterly sales were $318.46 million, surpassing the estimate of $235.94 million by 34.97%. Both earnings and sales increased significantly compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:09 am

ADI

KSS

NVDA

PANW

URBN

Analog Devices, Nvidia, Palo Alto Networks, Urban Outfitters, and Kohl's are stocks to watch heading into Wednesday. ADI is expected to post earnings of $2.75 per share on revenue of $3.21 billion, while NVDA is expected to earn 92 cents per share on revenue of $6.52 billion. PANW reported better-than-expected Q3 results and raised its annual projections, and URBN reported better-than-expected Q1 results with a 6.3% YoY inventory decline. KSS is expected to post a quarterly loss of 42 cents per share on revenue of $3.34 billion.

Portfolio Pulse from Lisa Levin

May 24, 2023 | 8:06 am

AAPL

ADI

AVGO

KSS

NVDA

Investor sentiment declines amid ongoing debt ceiling talks, with the CNN Money Fear and Greed index dropping to 66.0. Broadcom shares gained over 1% after a deal with Apple. Investors await earnings results from Analog Devices, NVIDIA, and Kohl's Corporation.

Portfolio Pulse from Lisa Levin

May 24, 2023 | 6:30 am

ARKK

ARKW

DKNG

ZM

Cathie Wood's ARK Investment Management purchased over 267,000 Zoom Video Communications shares worth $17.5 million, increasing its stake in the company. The purchase was made through the ARK Innovation ETF and the ARK Next Generation Internet ETF. This comes as Zoom's stock fell 8% following its earnings announcement and a broader Nasdaq sell-off.

Portfolio Pulse from Bhavik Nair

May 24, 2023 | 2:32 am

INTU

OCEA

PANW

TSLA

VFC

Tesla, Palo Alto Networks, Ocean Biomedical, Intuit, and VF Corp are drawing investor attention due to recent developments. Tesla faces concerns over its Autopilot system, Palo Alto Networks reported better-than-expected quarterly results, Ocean Biomedical announced a patent award for cancer immunotherapy, Intuit missed revenue estimates, and VF Corp reported a 3% decline in Q4 revenue.

Portfolio Pulse from Bhavik Nair

May 24, 2023 | 1:20 am

HSAI

Hesai Gr (NASDAQ:HSAI) reported Q1 adjusted EPS of $0.00, beating the $(0.09) estimate, and sales of $62.60M, surpassing the $57.43M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:04 pm