Streetbeat News

Revenues

RAMP

LiveRamp Holdings shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 revenue guidance above estimates. Additionally, the company provided FY25 revenue guidance with its midpoint above estimates.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:42 am

J

Jacobs has been selected to provide highways and environmental services to Hertfordshire County Council. The contract is set to commence in October for an initial five years, with optional extensions up to 14 years, and is valued at $22 million per annum.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:37 am

GLD

SPY

UNG

USO

U.S. stock markets closed lower due to disappointing inflation data and prolonged disinflation expectations. U.S. existing home sales declined by 1.9% in April. The Fed minutes revealed concerns about persistent inflation and potential further policy tightening. Most S&P 500 sectors fell, with utilities, energy, and materials suffering the most. In Asia, Japan's Nikkei 225 gained, while Australia's S&P/ASX 200 and China's Shanghai Composite fell. European markets saw modest gains. Commodities saw mixed movements, with gold retreating from record highs.

Portfolio Pulse from Akanksha Bakshi

May 23, 2024 | 10:33 am

ATAT

Atour Lifestyle Holdings (NASDAQ:ATAT) reported strong Q1 earnings, with adjusted EPS of $0.26 beating estimates by 13.04% and sales of $203.36M surpassing expectations by 5.51%. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:20 am

NVDA

Nvidia CEO Jensen Huang is optimistic about the company's new Blackwell chips, which are expected to generate significant revenue this year. The company plans to start shipments in Q2 and installations in data centers by Q4. Nvidia's strong Q1 performance has analysts excited about its future prospects.

Portfolio Pulse from Rounak Jain

May 23, 2024 | 10:19 am

SCVL

Shoe Carnival has announced its FY24 adjusted EPS guidance of $2.55 to $2.75, compared to the estimated $2.63. The company also expects net sales growth of 4% to 6%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:15 am

KBR

KBR has been selected as one of 11 awardees for a multiple-award contract by the Defense Health Agency to provide health and wellness support for military personnel and their families. KBR will have the opportunity to bid on task orders under the MQS2-NG contract, which has a ceiling of $43 billion.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:14 am

SCVL

Shoe Carnival (NASDAQ:SCVL) reported Q1 earnings of $0.64 per share, beating the analyst estimate of $0.59. Sales were $300.37 million, surpassing the $294.54 million estimate. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:11 am

TD

Toronto-Dominion Bank (TD) reported Q2 2024 adjusted EPS of C$2.04, beating the estimate of C$1.85. Sales were C$13.883 billion, surpassing the estimate of C$12.226 billion.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:08 am

BILI

Bilibili reported a 9% year-over-year increase in average daily active users (DAUs) for Q1, reaching 102.4 million.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:05 am