Streetbeat News

Earnings

SY

So-Young International Inc (NASDAQ:SY) reported mixed Q1 FY23 results with revenues of $45.15 million, beating estimates but falling 4.7% YoY. The company plans to expand its non-surgical medical aesthetic market nationwide.

Portfolio Pulse from Nabaparna Bhattacharya

May 22, 2023 | 1:33 pm

BIMI

BIMI Intl Medical reported Q1 losses of $(0.22) per share, a 24.14% improvement from $(0.29) YoY. Sales increased by 17.79% to $3.20 million from $2.71 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:32 pm

GLBE

Global-E Online reported Q1 FY23 sales growth of 54% YoY to $117.6 million, beating consensus estimates. GMV rose 55% YoY to $703.9 million, and adjusted gross margin expanded to 41.4%. The company raised its FY23 revenue outlook and expects Q2 sales of $125 million - $130 million. Despite the positive results, GLBE shares dropped 5.87% in pre-market trading.

Portfolio Pulse from Anusuya Lahiri

May 22, 2023 | 1:31 pm

YMM

Full Truck Alliance (NYSE:YMM) reported Q1 2023 sales growth of 27.7% Y/Y to ¥1.7 billion ($240 million), beating analyst expectations. Adjusted EPS stood at ¥0.48, higher than ¥0.17 a year ago. The company expects Q2 revenue growth of 14.5% to 20.5% Y/Y.

Portfolio Pulse from Lekha Gupta

May 22, 2023 | 1:22 pm

DLTR

IRWD

LDOS

MU

RKT

Micron Technology shares fell 4% due to Chinese cybersecurity concerns, while Rocket Companies may benefit from a potential pause in interest rate hikes. Dollar Tree is set to report quarterly results, Leidos Holdings remains unaffected by NASA's lunar lander contract, and Ironwood Pharmaceuticals offered to acquire VectivBio for $1 billion.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:15 pm

GNUS

Genius Brands Intl (NASDAQ:GNUS) reported Q1 sales of $14.20 million, a significant increase of 885.43% compared to $1.44 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 1:13 pm

F

LTHM

Ford Motor Co has reaffirmed its FY23 adjusted EBIT guidance of $9 billion - $11 billion and expects an adjusted free cash flow of about $6 billion. The company has also signed a long-term agreement with Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period.

Portfolio Pulse from Shivani Kumaresan

May 22, 2023 | 1:11 pm

DHT

DVN

OKE

Three energy stocks with over 6% dividend yields have been highlighted by Wall Street's most accurate analysts. DHT Holdings has a dividend yield of 11.43%, ONEOK has a yield of 6.53%, and Devon Energy has a yield of 7.24%. Recent news includes DHT Holdings reporting worse-than-expected Q1 results, ONEOK announcing the acquisition of Magellan Midstream Partners, and Devon Energy posting better-than-expected earnings.

Portfolio Pulse from Lisa Levin

May 22, 2023 | 1:09 pm

NAT

Nordic American Tankers Limited (NYSE:NAT) reported a 461.1% YoY revenue increase to $87.09 million in Q1 FY23, beating the consensus of $80.03 million. EPS improved to $0.22, beating the consensus of $0.20. The company's shares are trading higher by 6.22% at $3.93 premarket on Monday.

Portfolio Pulse from Akanksha Bakshi

May 22, 2023 | 1:03 pm

FL

Foot Locker's stock is trading lower after several analysts cut price targets following the company's disappointing Q1 earnings results. The company reported revenue of $1.93 billion, missing estimates of $1.99 billion, and adjusted earnings of 70 cents per share, falling short of estimates of 81 cents per share. Foot Locker also lowered its guidance for full-year 2023.

Portfolio Pulse from Adam Eckert

May 22, 2023 | 1:02 pm