Streetbeat News

Earnings

DY

Dycom Industries reported Q1 FY24 contract revenue growth of 19.3% Y/Y to $1.05 billion, beating consensus of $939.2 million. EPS improved to $1.73 from $0.65 a year ago, beating consensus of $0.70. The company also repurchased shares worth $20.3 million in Q1 2023.

Portfolio Pulse from Lekha Gupta

May 24, 2023 | 1:53 pm

AMAT

LSCC

MCHP

NXPI

STM

Semiconductor and chip stocks are trading lower, possibly due to Analog Devices' weak Q3 guidance, affecting companies like AMAT, LSCC, MCHP, NXPI, and STM.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 1:51 pm

KSS

Kohl's Corp CFO announced during a conference call that the company will continue to face headwinds in inventory shrinkage.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 1:49 pm

BMO

BMO shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 1:47 pm

NIO

NIO option alert for June 2nd $8 calls sweep with 3034 contracts at $0.33, compared to 3530 open interest. Earnings report scheduled for June 9th before market open.

Portfolio Pulse from Charles Gross

May 24, 2023 | 1:43 pm

KSS

Kohl's Corp CFO announced during a conference call that the company is planning for SG&A expense to increase by 3%-4% YoY in Q2.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 1:39 pm

PANW

Palo Alto Networks (PANW) shares are trading higher after reporting better-than-expected Q3 results and strong earnings guidance. Revenues were up 24% YoY, and several analysts raised price targets following the announcement.

Portfolio Pulse from Adam Eckert

May 24, 2023 | 1:19 pm

GASS

StealthGas (NASDAQ:GASS) reported Q1 earnings of $0.45 per share, beating the analyst consensus estimate of $0.17 by 164.71% and marking a 95.65% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 1:17 pm

LNVGY

Lenovo Group Ltd. reported a 24% YoY decline in Q4 revenue to $12.6 billion, amid a sluggish PC market. Non-PC revenue mix reached a historic high of 43%, up 12 points YoY. The company expects the PC and smart devices market to resume growth in the second half of 2023.

Portfolio Pulse from Nabaparna Bhattacharya

May 24, 2023 | 1:15 pm

KSS

Kohl's CEO announced during a conference call that Q2 performance is consistent with the company's plans for the year.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 1:15 pm