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Revenues

FISV

Fiserv, a global provider of financial services technology, has projected a medium-term organic revenue growth of 9%-12% and an adjusted earnings per share (EPS) growth of 14%-18%.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:32 am

TGT

Target Corporation reported a 4.9% decrease in Q3 comparable sales, while its same-day services saw an 8% increase.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:32 am

FISV

Fiserv, a global provider of financial services technology, has reaffirmed its financial outlook for 2023 and provided a preliminary outlook for 2024. The company expects 11%-13% organic revenue growth and an adjusted EPS growth of 13%-17% for the year 2024.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:31 am

LRN

Stride Inc (NYSE:LRN) has shared its long-term strategy, forecasting significant growth by FY28 with expected revenue between $2.7 billion and $3.3 billion, adjusted operating income of $415 million to $585 million, and EPS of $6.15 to $8.35. CEO James Rhyu highlighted plans for product innovation and market expansion. Stride's Q1 FY24 results exceeded expectations, with revenue of $480.2 million and EPS of $0.11, surpassing the consensus and an expected EPS loss. The company anticipates Q2 revenue of $490 million to $510 million and adjusted operating income of $80 million to $90 million, with FY24 revenue projected at $1.96 billion to $2.03 billion and adjusted operating income of $250 million to $275 million. LRN shares rose 2.15% to close at $57.96 on Tuesday.

Portfolio Pulse from Lekha Gupta

November 15, 2023 | 10:43 am

XPEV

XPeng Inc. forecasts Q4 vehicle deliveries to reach 59.5K-63.5K, a 101.2%-114.7% increase YoY. Revenue is projected to be RMB12.7B-RMB13.6B, up 86.1%-99.3% YoY, surpassing the $1.68B estimate.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 10:09 am

VGK

The Eurozone trade balance for September was reported at 10.0 billion euros, surpassing the previous figure of 6.7 billion euros. This indicates a stronger than expected trade surplus for the region.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 10:02 am

CSCO

HD

SKIN

TGT

TJX

U.S. inflation data showed a decrease to 3.2% in October, boosting investor sentiment and leading to a surge in the stock market. The S&P 500 had its biggest daily percentage gain since April 27. Home Depot Inc reported strong Q3 results, while The Beauty Health Company's shares plummeted after disappointing financials. The market awaits earnings from Cisco Systems, TJX Companies, and Target Corporation. The CNN Money Fear and Greed index moved to 'Neutral' reflecting improved market sentiment.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 9:48 am

RTX

RTX has been selected to provide development and services at NEOM Bay Airport, which indicates a new business venture and potential revenue stream for the company.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:16 am

UCL

Ucloudlink Group (NASDAQ:UCL) reported Q3 sales of $23.90M, slightly missing the $24.00M estimate, but showing a 31.22% increase from $18.21M in the same period last year. Adjusted net income rose significantly to $3.8M from $0.6M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:04 am

AMZN

GOOGL

MSFT

Amazon Web Services (AWS), Google, and Microsoft are set to invest a combined total of $8.5 billion in Thailand's digital infrastructure. Each company will contribute approximately 100 billion baht ($8.46 billion) to enhance the nation's digital economy. This follows Thailand's efforts to attract foreign investment, including the approval of 41 billion baht in various sectors by the Thailand Board of Investment in October 2023.

Portfolio Pulse from Benzinga Neuro

November 15, 2023 | 8:56 am