Streetbeat News

Earnings

KSS

Kohl's reported a Q1 gross margin of 39%, up 67 basis points YoY, indicating an improvement in profitability.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:03 am

KSS

Kohl's reported a 3.3% YoY decrease in Q1 net sales, with comparable sales down 4.3% and inventory down 6%.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:02 am

EXAI

Exscientia (NASDAQ:EXAI) reported Q1 EPS of $(0.38), beating the $(0.43) estimate, but sales of $7.10M missed the $8.03M estimate. This represents a 7.32% increase in EPS and a 22.83% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:01 am

ADI

Analog Devices (NASDAQ:ADI) reported Q2 earnings of $2.83 per share, beating the $2.75 estimate, and sales of $3.26B, beating the $3.21B estimate. This represents a 17.92% increase in earnings and a 9.79% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:01 am

KSS

Kohl's reported Q1 earnings per share (EPS) of $0.13, beating the estimated loss of $0.42, and sales of $3.35 billion, slightly above the $3.34 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:01 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) shares fell 1.57% in premarket trading ahead of its Q1 results, with an expected YoY earnings per share decline of over 32% to $0.92 and a 21% revenue drop to $6.52 billion. Raymond James analyst Srini Pajjuri expects better results and outlook due to booming generative AI demand and the H100 product ramp.

Portfolio Pulse from Shanthi Rexaline

May 24, 2023 | 10:56 am

ITRN

Ituran Location & Control reported Q1 earnings of $0.56 per share, beating the $0.53 estimate by 5.66%, and a 30.23% YoY increase. However, sales of $79.47M missed the $79.70M estimate by 0.29%, but increased 10.27% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 10:51 am

TSLA

XPEV

XPeng Inc reported a Q1 FY23 sales decline of 45.9% YoY, missing consensus estimates. Vehicle deliveries and revenues from vehicle sales decreased, and the company posted an operating loss. XPeng provided a cautious outlook for Q2, expecting lower vehicle deliveries and revenue.

Portfolio Pulse from Anusuya Lahiri

May 24, 2023 | 10:47 am

NM

Navios Maritime Hldgs (NYSE:NM) reported Q1 earnings of $0.25 per share, a 133.78% increase YoY, and sales of $65.41M, a 10.58% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 10:37 am

ITRN

Ituran Location & Control (NASDAQ:ITRN) reported Q1 earnings with in-line EPS of $0.53 and revenue up $7.40 million YoY. Last quarter, the company missed EPS by $0.05, followed by a 1.88% increase in share price the next day.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 10:36 am