Streetbeat News

Revenues

ZIM

ZIM Integrated Shipping Services Ltd. reported Q3 revenues of $1.273 billion, which fell short of the estimated $1.324 billion.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:01 pm

AAP

Advance Auto Parts reported lower than expected Q3 financial results and reduced its annual revenue and EPS outlook, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:53 am

JMIA

Jumia Technologies (NYSE:JMIA) reported Q3 sales of $44.90M, missing the consensus estimate of $46.17M by 2.75% and marking an 11.07% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:51 am

CRWS

Crown Crafts reported a decrease in Q2 EPS to $0.18 from $0.20 YoY, but an increase in sales to $24.13M from $18.73M YoY, indicating mixed financial performance.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 11:36 am

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