Streetbeat News

Revenues

AMGN

JNJ

In a recent interview with Reuters, Johnson & Johnson's CFO, Joseph Wolk, stated that the company's settlement with Amgen gives them more confidence about achieving their 2025 target of $57 billion in pharmaceutical sales.

Portfolio Pulse from Charles Gross

July 20, 2023 | 11:58 am

BYDDF

LI

NIO

TSLA

XPEV

According to a report by Counterpoint Research cited by Reuters, Chinese automakers sold 75% of electric vehicles (EVs) in Southeast Asia in Q1. The companies mentioned include BYD Co Ltd (BYDDF), Li Auto Inc. (LI), NIO Inc. (NIO), Tesla Inc. (TSLA), and XPeng Inc. (XPEV).

Portfolio Pulse from Charles Gross

July 20, 2023 | 11:43 am

GPC

Genuine Parts Company (GPC) has projected a revenue growth of 4% to 6% for the fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 11:02 am

WNS

WNS has increased its revenue guidance for FY24 from $1.162 billion to a range of $1.296 billion to $1.354 billion, which is higher than the estimated $1.29 billion.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 10:06 am

EFX

Equifax Inc (NYSE:EFX) reported Q2 2023 revenues of $1.318 billion, flat Y/Y and up 1% Y/Y in constant currencies. The company's Workforce Solutions revenues declined 4% Y/Y to $582.8 million due to the challenging mortgage and hiring market. Adjusted EPS declined 18% Y/Y to $1.71, above the consensus of $1.67. For 2023, Equifax reduced the outlook for revenues to $5.270 billion to $5.330 billion and adjusted EPS to $6.85-$7.10. The company lowered guidance to reflect the expected impact of weaker-than-expected U.S. mortgage originations and lower mortgage revenue.

Portfolio Pulse from Lekha Gupta

July 20, 2023 | 9:40 am

GOOG

GOOGL

Alphabet Inc.’s YouTube has silently raised its subscription price in the U.S. for new subscribers to $13.99 monthly, a $2 increase from the previous $11.99 fee. Those subscribing through the iOS YouTube app face a steeper monthly cost of $18.99. Current subscribers will likely be unaffected by the price adjustment for now. YouTube last raised the price of its premium subscription back in 2018.

Portfolio Pulse from Ananya Gairola

July 20, 2023 | 8:00 am

EWJ

Japan's trade balance for June was reported at 43.0B, significantly better than the estimated -46.7B and the prior figure of -1,381.9B.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 3:59 am

EWJ

Japan's year-on-year exports for June increased by 1.5%, which is lower than the estimated 2.2% but higher than the previous 0.6%.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 3:57 am

RIG

Transocean has released its fleet status report, revealing a total backlog of $9.2 billion as of July 19, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 9:09 pm

KARO

Karooooo reported a 24% year-over-year increase in its Q1 total revenue to approximately $53.95 million. The company's earnings per share (EPS) for the quarter was around $0.2754.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:57 pm