Streetbeat News

Revenues

STG

Sunlands Technology Group forecasts Q4 2023 revenues between RMB490M-RMB510M, indicating a decline of 11.9%-15.3% compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 8:36 am

RERE

ATRenew, which may be referred to by its ticker RERE, has provided guidance for its fourth-quarter revenue, expecting it to be between RMB 3.730 billion and RMB 3.830 billion.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 8:15 am

RERE

ATRenew (NYSE:RERE) reported Q3 adjusted earnings per ADS of $0.04, consistent with the same period last year. Sales rose 25.21% to $446.40M from $356.51M in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 8:13 am

EH

EHang Holdings Limited anticipates a significant increase in revenue for Q4 2023, with an expected RMB56 million, marking a 257% increase YoY. Additionally, the company forecasts a 166% increase in annual revenue for FY23, reaching RMB118 million.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 8:04 am

CRH

CRH plc has agreed to sell its European lime operations to SigmaRoc plc for approximately $1.1 billion. The deal includes 16 operating locations in Ireland, the UK, Germany, Czech Republic, and Poland. These operations generated sales of around $610 million and EBITDA of $137 million in 2022. The transaction is pending customary conditions and regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 7:28 am

GHG

GreenTree Hospitality Group reported a 15.3% year-over-year increase in Q3 revenue, totaling $63.2 million. The company also posted an adjusted earnings per ADS (American Depositary Share) of $0.17.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 7:26 am

GDEV

GDEV reported a decrease in Q3 sales to $121.00M from $128M year-over-year, and bookings also declined by 6% YoY to $102M.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 7:17 am

ACRHF

AYRWF

CRLBF

CURLF

GDNSF

GTBIF

JUSHF

VEXTF

VRNOF

Zuanic & Associates' report predicts significant EBITDA growth and market cap increases for cannabis companies in key U.S. states moving towards legal recreational cannabis sales by 2025. The report highlights potential EBITDA upside for market leaders like Curaleaf, Green Thumb, Verano, and Trulieve, and substantial market cap gains for emerging players such as Cannabist and Jushi Holdings. Established operators like Acreage Holdings, Ayr Wellness, Cresco Labs, Ascend Wellness, and Green Thumb are also expected to see market cap increases. Goodness Growth Holdings is noted for its potential in Minnesota. A repeal of Tax Rule 280E could further benefit the sector by reducing effective tax rates.

Portfolio Pulse from Nicolás Jose Rodriguez

November 21, 2023 | 11:57 pm

NVDA

During Nvidia's conference call, the CFO announced that their networking segment has surpassed a $10 billion annualized revenue run rate. Additionally, the company's software support and services are projected to reach a $1 billion annual run rate.

Portfolio Pulse from Charles Gross

November 21, 2023 | 10:21 pm

DIS

Disney is planning to expand its ad-supported Disney+ service to more international markets in 2024. This move is expected to increase the platform's user base and revenue by offering a more affordable subscription option.

Portfolio Pulse from Charles Gross

November 21, 2023 | 10:15 pm