Streetbeat News

Earnings

URBN

Urban Outfitters reported Q1 earnings of $0.56 per share, beating the analyst consensus estimate of $0.35 by 60%. Sales reached $1.11 billion, surpassing the $1.09 billion estimate by 2.17%.

Portfolio Pulse from Bill Haddad

May 23, 2023 | 8:07 pm

INTU

Intuit announced Q4 FY2023 guidance, expecting revenue growth of 9-10% and non-GAAP diluted earnings per share of $1.43-$1.48, lower than the $1.51 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 8:07 pm

PANW

Palo Alto Networks expects Q4 adjusted EPS of $1.26-$1.30, beating the $1.20 estimate, and total revenue of $1.937B-$1.967B, slightly below the $1.95B estimate.

Portfolio Pulse from Bill Haddad

May 23, 2023 | 8:07 pm

A

Agilent Technologies reported Q2 adjusted earnings of $1.27 per share, beating the $1.26 estimate, and sales of $1.72B, surpassing the $1.67B estimate. This represents a 12.39% increase in earnings and a 7.03% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 8:06 pm

PANW

Palo Alto Networks reported Q3 earnings of $1.10 per share, beating the analyst consensus estimate of $0.93 by 18.28%. Sales reached $1.72 billion, surpassing the $1.71 billion estimate by 0.58% and marking a 24.01% YoY increase.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 8:06 pm

DRTS

Alpha Tau Medical (NASDAQ:DRTS) reported Q1 losses of $(0.12) per share, missing the analyst consensus estimate of $(0.11) by 9.09%. This is a 77.78% increase over losses of $(0.54) per share from the same period last year.

Portfolio Pulse from Happy Mohamed

May 23, 2023 | 8:05 pm

INTU

Intuit raised its FY23 guidance, expecting revenue of $14.279B-$14.317B, GAAP operating income of $3.071B-$3.091B, and non-GAAP diluted earnings per share of $14.20-$14.25. The company also updated its segment revenue guidance for Small Business, Consumer Group, ProTax Group, and Credit Karma.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 8:05 pm

INTU

Intuit reported Q3 earnings of $8.92 per share, beating the analyst consensus estimate of $8.48 by 5.19%. However, quarterly sales of $6.02 billion missed the estimate of $6.10 billion by 1.34%. This represents a 16.6% increase in earnings and a 6.85% increase in sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

May 23, 2023 | 8:01 pm

HIBB

Telsey Advisory Group analyst Cristina Fernández reiterated an Outperform rating on Hibbett, Inc. (NASDAQ:HIBB) but lowered the price target to $70 from $80. The analyst expects weakening demand for athletic footwear to hurt the company's 1Q earnings, but also notes that Hibbett faces less competition in many markets and has improved product allocations.

Portfolio Pulse from Nabaparna Bhattacharya

May 23, 2023 | 6:45 pm

RH

Telsey Advisory Group analyst Cristina Fernández reiterated a Market Perform rating on RH (NYSE:RH) with a price target of $225. The analyst expects weak Q1 results due to softened consumer discretionary spending in home furnishings and home improvement categories. RH is set to report 1Q earnings on May 25.

Portfolio Pulse from Nabaparna Bhattacharya

May 23, 2023 | 6:39 pm