Streetbeat News

Revenues

WDAY

Workday (NASDAQ:WDAY) reported Q1 2025 adjusted EPS of $1.74, beating the estimate of $1.58. Sales were $1.990 billion, surpassing the $1.973 billion estimate and marking an 18.17% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:04 pm

ROST

Ross Stores reported a 3% increase in Q1 comparable sales compared to last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:04 pm

ROST

Ross Stores (NASDAQ:ROST) reported strong Q1 2024 earnings, with GAAP EPS of $1.46 beating the estimate of $1.34 and sales of $4.858 billion surpassing the $4.833 billion estimate. This represents significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:03 pm

INTU

Intuit has provided its financial outlook for FY24, projecting adjusted EPS of $16.79-$16.84, surpassing the estimated $16.41. Revenue is expected to be between $16.164B and $16.200B, also exceeding the estimated $16.05B. However, for Q4, the company anticipates adjusted EPS of $1.80-$1.85, which is below the estimated $1.93, while revenue is expected to be $3.063B-$3.099B, slightly above the estimated $3.04B.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:03 pm

RAMP

Analysts' ratings for LiveRamp Holdings (NYSE:RAMP) vary from bullish to bearish, with recent evaluations showing a slight increase in the average 12-month price target. The company's financial performance includes a positive revenue trend, strong net margin, and efficient debt management.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 8:00 pm

INTU

Intuit (NASDAQ:INTU) reported Q3 2024 adjusted EPS of $9.88, beating the $9.37 estimate. Sales were $6.737 billion, surpassing the $6.647 billion estimate and marking an 11.95% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 8:00 pm

BRK

BYDDY

NIO

TSLA

General Motors (GM) CEO Mary Barra discussed the company's transition to electric vehicles (EVs) at the Detroit Economic Club, emphasizing design, affordability, and driving range. She highlighted the importance of building an EV charging network and partnerships, such as with Berkshire Hathaway's Pilot Flying J. Barra also addressed competition from Tesla and Chinese EV makers like BYD and Nio, stressing GM's focus on brand loyalty and supply chain resilience.

Portfolio Pulse from Hayden Buckfire

May 23, 2024 | 7:55 pm

DIA

IWM

NVDA

QQQ

SPY

NVIDIA continues to see gains, while major indexes pull back. Upbeat economic data may influence the outlook on potential rate cuts.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:54 pm

BABA

PDD

PDD Holdings Inc (NASDAQ:PDD) shares rose after analysts raised their price targets following strong Q1 results. PDD reported a 131% YoY revenue growth to $12.02 billion, beating the consensus of $10.65 billion. Adjusted earnings per ADS were $2.83, surpassing the $1.42 consensus. Benchmark analyst Fawne Jiang raised the price target to $230, citing robust growth and reduced losses for Temu. Goldman Sachs analyst Ronald Keung reiterated a Neutral rating with a $145 price target, noting strong performance but muted share price reaction due to high expectations and concerns about sustainability.

Portfolio Pulse from Anusuya Lahiri

May 23, 2024 | 6:43 pm

ETHUSD

SOLUSD

Cryptocurrency trader Wazz Crypto discusses the challenges Solana (SOL) will face in outperforming Ethereum (ETH) due to factors like inflation rates, supply overhang, and Ethereum's institutional advantage. Despite Solana's on-chain activity, Ethereum's potential ETF approval and robust DeFi ecosystem make it a more stable investment.

Portfolio Pulse from Khyathi Dalal

May 23, 2024 | 6:38 pm