Streetbeat News

Revenues

ORCL

Oracle projects its revenue to reach at least $104 billion by fiscal year 2029, indicating strong growth expectations.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:10 pm

RH

RH has adjusted its Q3 revenue growth forecast to 7%-9% and FY24 revenue growth to 5%-7%. Despite challenging industry conditions, RH expects demand trends to accelerate in fiscal 2024 and 2025. However, revenue is expected to lag demand, impacting margins. The company is also facing a 230 basis point drag due to international expansion costs.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:08 pm

IBEX

IBEX projects its fiscal year 2025 revenue to be between $510 million and $525 million, surpassing the previous estimate of $506.29 million. For Q1 2025, IBEX anticipates revenue between $124 million and $126 million, exceeding the estimated $122.25 million.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:07 pm

ADBE

Adobe has projected its Q4 revenue to be between $5.50 billion and $5.55 billion, with a non-GAAP EPS ranging from $4.63 to $4.68.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:06 pm

IBEX

IBEX reported Q4 2024 earnings per share of $0.58, surpassing the analyst estimate of $0.53. The company's sales were $124.50 million, exceeding the expected $122.25 million. This marks a slight increase from the previous year's sales.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:06 pm

UAL

A United Airlines executive expressed optimism about the current state of airline yields, indicating that there are more favorable conditions (tailwinds) than challenges (headwinds) affecting the industry. This positive outlook suggests potential growth or stability in United Airlines' financial performance.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:06 pm

SM

SM Energy (NYSE:SM) has received mixed analyst ratings over the past three months, with a majority being indifferent. Recent analyst actions include several downgrades in price targets, reflecting cautious sentiment. Despite this, SM Energy shows strong financial performance with high net margins and ROE, though its revenue growth lags behind industry peers.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 8:01 pm

HLI

Analysts have provided mixed ratings for Houlihan Lokey (NYSE:HLI) over the past three months, with a recent increase in the average 12-month price target to $149.43. The company's financial performance shows strong revenue growth and net margin, but challenges in ROE. Analysts' actions reflect varied expectations for the company's future performance.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 8:01 pm

NFLX

Netflix (NASDAQ:NFLX) has significantly outperformed the market over the past 15 years, with an annualized return of 36.03%. A $1000 investment in Netflix 15 years ago would be worth over $100,000 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 8:01 pm

KRYS

Krystal Biotech (NASDAQ:KRYS) has significantly outperformed the market over the past 5 years, with an average annual return of 34.07%. A $100 investment in KRYS 5 years ago would now be worth $441.29, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 8:01 pm