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HPQ

HP Inc. (HPQ) reported a Q4 EPS of $0.90, a 5.88% increase from $0.85 YoY. However, sales decreased by 6.65% to $13.82B from $14.80B YoY.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:16 pm

BODY

The Beachbody Company, Inc. (NYSE:BODY) has completed a 1-for-50 reverse stock split, effective November 21, 2023. The split-adjusted trading is expected to start on November 22, 2023. This move is part of a turnaround plan aimed at driving profitability and compliance with NYSE's minimum price requirements. The plan includes cost savings of $165 million by year-end and new revenue opportunities. The reverse stock split reduces Class A common stock from 177.81 million to 3.56 million shares and Class X from 136.45 million to 2.73 million shares. Fractional shares will be paid in cash, and no action is required from stockholders holding shares through intermediaries.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:15 pm

SOL

Emeren Group (NYSE:SOL) reported Q3 earnings with an EPS of $-0.17, missing estimates by 383.33% compared to the expected $0.06. Revenue also decreased by $14.94 million from the same period last year. The stock previously dropped 5.48% following last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 9:15 pm

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C

DGX

EPAM

SPY

The SPDR S&P 500 ETF Trust (SPY) has seen a significant rally, with a 10% gain since October 27, marking the strongest 17-day rally since November 2020. Despite this, only about 52% of S&P 500 stocks are trading above their 200-day moving average. The article lists 10 S&P 500 stocks with the largest discounts to their 200-day averages, including EPAM Systems (EPAM), Citigroup (C), Quest Diagnostic (DGX), Agilent Technologies (A), and others. It cautions that stocks significantly below their 200-day average could be value traps and advises investors to discern between undervalued stocks and those with declining business prospects.

Portfolio Pulse from Piero Cingari

November 21, 2023 | 9:13 pm

DLO

dLocal shares dropped following a Q3 earnings report that missed expectations and a reaffirmation of FY23 revenue guidance that fell short of estimates.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:12 pm

SOL

Emeren Group (NYSE:SOL) reported a significant decline in financial performance for Q3, with EPS dropping to $(0.17) from $0.05 YoY and sales falling to $13.95M from $28.89M YoY, representing a 440% decrease in earnings and a 51.72% decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:12 pm

ADSK

Autodesk's stock is trading higher following the release of their Q3 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:11 pm

DLO

Diego Cabrera Canay, CFO of dLocal Ltd (DLO), has announced his resignation to seek new opportunities. This executive change could influence the company's financial strategies and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:10 pm

JACK

Jack In The Box has provided its FY24 earnings per share (EPS) guidance in the range of $6.25-$6.50, which is below the estimated $6.60.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:10 pm

DLO

DLocal reported Q3 earnings of $0.13 per share, missing the consensus estimate of $0.15, and sales of $163.92M, below the expected $168.51M. Despite the miss, earnings and sales increased by 30% and 46.54% respectively compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:10 pm