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Revenues

COST

Costco Wholesale (NASDAQ:COST) reported Q3 2024 earnings per share (EPS) of $3.78, surpassing the analyst consensus estimate of $3.70. The company also reported net sales of $58.52 billion, exceeding the estimate of $58.07 billion. This represents a 9.07% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:16 pm

JWN

Nordstrom reaffirms its FY24 outlook, projecting EPS between $1.65 and $2.05, with revenue expected to range from a 2.0% decline to a 1.0% growth. Comparable sales are anticipated to range from a 1.0% decline to a 2.0% growth, and EBIT margin is forecasted to be between 3.5% and 4.0% of sales.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:13 pm

MDB

MongoDB (NASDAQ:MDB) reported Q1 earnings per share (EPS) of $0.51, beating the analyst estimate of $0.40. Sales were $450.56 million, surpassing the $439.64 million estimate. Despite a year-over-year EPS decrease, sales increased by 22.34%.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:10 pm

MRVL

Marvell Technology has provided its financial outlook for the second quarter of fiscal 2025. The company expects net revenue of $1.25 billion +/- 5%, GAAP gross margin of approximately 46.2%, and non-GAAP gross margin of approximately 62.0%. GAAP operating expenses are projected to be around $688 million, while non-GAAP operating expenses are expected to be about $455 million. The company anticipates a GAAP diluted loss per share of $(0.20) +/- $0.05 and a non-GAAP diluted income per share of $0.29 +/- $0.05.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:09 pm

ULTA

Ulta Beauty has updated its FY24 net sales guidance from $11.7B-$11.8B to $11.5B-$11.6B and its EPS guidance from $26.20-$27.00 to $25.20-$26.00. The Q2 estimates are EPS of $5.93 and revenue of $2.65B.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:07 pm

DELL

Dell Technologies reported Q1 earnings of $1.27 per share, beating the analyst estimate of $1.26. Sales were $22.24 billion, surpassing the $21.67 billion estimate. Despite a slight decrease in earnings per share from last year, sales increased by 6.32%.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:06 pm

PHR

Phreesia (NYSE:PHR) reported Q1 2025 GAAP EPS of $(0.35), beating the estimate of $(0.48). Sales were $101.22M, surpassing the $100.97M estimate and marking a 20.72% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:05 pm

HPH

Highest Performances Holdings (HPH) reported its financial results for the first half of fiscal year 2024, showing a significant decrease in net revenues and an increase in net loss. The company completed the acquisition of Fanhua at the end of December 2023, but the financial results do not include any profits from Fanhua. The decrease in revenues was attributed to a decline in the A-share market and conservative investor sentiment. Operating costs and expenses also decreased significantly due to cost-control measures.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:04 pm

NTAP

NetApp has provided its financial guidance for FY25, projecting adjusted EPS between $6.80 and $7.00, surpassing the estimated $6.74. The company also forecasts net revenues between $6.450 billion and $6.650 billion, aligning closely with the estimated $6.53 billion.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:03 pm

NTAP

NetApp has released its Q1 financial guidance, projecting adjusted EPS between $1.40 and $1.50, compared to the estimated $1.44. The company also forecasts revenues between $1.455 billion and $1.605 billion, against the estimated $1.52 billion.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:02 pm