Streetbeat News

Revenues

BILI

GAMR

HERO

Bilibili Inc (NASDAQ:BILI) reported a 12% year-on-year increase in fiscal Q1 2024 revenue to $784.5 million, missing the analyst consensus estimate of $794.2 million. Despite a 9% increase in daily active users, the stock price slid due to the revenue miss. The company's adjusted EPADS loss of $(0.15) beat the consensus estimate of $(0.17). Investors can gain exposure to Bilibili through Global X Video Games & Esports ETF (NASDAQ:HERO) and Amplify ETF Trust Amplify Video Game Tech ETF (NYSE:GAMR).

Portfolio Pulse from Anusuya Lahiri

May 23, 2024 | 12:11 pm

PIII

P3 Health Partners Inc. (NASDAQ:PIII) has announced a private placement of approximately $42.2 million with institutional investors, including affiliates of Chicago Pacific Founders. The funds will be used for working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:08 pm

F

TSLA

Ford Motor Co (NYSE:F) experienced a 9.1% decline in new vehicle registrations in the EU in April, while Tesla Inc. (NASDAQ:TSLA) saw a 3% increase. Ford's market share in the EU also dropped by 0.7%. Despite this, Ford's U.S. sales rose by 4.2% due to the popularity of its SUVs. Tesla's total EU registrations for the year are down by 4%.

Portfolio Pulse from Anan Ashraf

May 23, 2024 | 12:07 pm

RL

Ralph Lauren expects its FY25 revenues to increase by low-single digits compared to last year on a constant currency basis, centering around 2% to 3%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:06 pm

TRIB

Trinity Biotech reported Q1 earnings per ADS of $(0.37), an improvement from $(0.76) year-over-year. However, sales decreased slightly to $14.70 million from $14.83 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:04 pm

RL

Ralph Lauren expects Q1 revenues to be up slightly on a constant currency basis but down slightly on a reported basis due to currency impact.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:03 pm

NVEE

NV5 Global, Inc. (NASDAQ:NVEE) has been awarded $12 million in geospatial contracts in the defense, intelligence, and federal civilian market space. The contracts involve six branches of the U.S. Department of Defense and address national security concerns both internationally and domestically.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:03 pm

RL

Ralph Lauren (NYSE:RL) reported Q4 2024 adjusted EPS of $1.71, beating the estimate of $1.66. Sales were $1.568 billion, surpassing the $1.563 billion estimate and showing a 1.76% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:01 pm

BBY

Best Buy Co (NYSE:BBY) has been analyzed by 14 analysts over the past three months, revealing a range of perspectives from bullish to bearish. The average 12-month price target is $85.21, with a high of $101.00 and a low of $67.00. Recent analyst actions include both raises and lowers in ratings and price targets. Best Buy's financial performance shows strong ROE and ROA but faces challenges in revenue growth and net margin.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 12:01 pm

PEG

Analysts have provided mixed ratings for Public Service Enterprise (NYSE:PEG) over the past quarter, with a notable increase in bullish sentiment. The average 12-month price target has risen to $70.09, with a high estimate of $80.00 and a low estimate of $62.00. Despite a recent decline in revenue growth, the company maintains strong financial health with high net margins, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 12:00 pm