Streetbeat News

Stock Prices

DLNG

Dynagas LNG Partners (NYSE:DLNG) experienced a significant decrease in earnings per share (EPS) in Q3, reporting $0.01 compared to $0.04 in the same quarter last year, a 75% drop. However, the company's sales rose to $37.01 million, marking a 23.73% increase from $29.91 million in the previous year's quarter.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:19 pm

TPB

Zig-Zag, the renowned rolling paper brand, has launched its 'Vintage' apparel collection as a tribute to its long-standing history in the smoking industry. The collection includes a variety of streetwear items featuring classic Zig-Zag iconography. The brand is licensed in the U.S. and Canada by North Atlantic Operating Company, L.P., a subsidiary of Turning Point Brands, Inc. (NYSE:TPB). The launch comes ahead of Zig-Zag's 145th anniversary in 2024 and aligns with consumer demand, potentially aiding in the brand's expansion into new segments. Turning Point Brands' stock saw a slight increase of 0.88% to $24.11 per share on Thursday afternoon.

Portfolio Pulse from Joana Scopel

December 07, 2023 | 9:17 pm

AVGO

Broadcom forecasts FY24 revenue to be approximately $50 billion, surpassing the estimated $45.76 billion. The company also anticipates an adjusted EBITDA margin of around 60% of the projected revenue.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:17 pm

CMTL

Comtech reported a 2.1% sequential increase in Q1 sales, reaching $151.90 million.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:17 pm

AVGO

Broadcom Inc. (AVGO) reported Q4 adjusted earnings of $11.06 per share, surpassing the consensus estimate of $10.98, marking a 5.84% increase from the previous year. However, quarterly sales of $9.29 billion fell short of the expected $9.41 billion, a 1.22% miss, though it was a 4.09% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:16 pm

AI

Piper Sandler analyst Arvind Ramnani has maintained a Neutral rating on C3.ai (NYSE:AI) but reduced the price target from $28 to $27.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:15 pm

RH

RH reported a Q3 adjusted EPS of $(0.42), significantly missing the estimated $0.97, representing a 143.3% miss and a 107.41% decrease from the same period last year. Sales were $751.23M, also missing estimates of $756.74M by 0.73% and showing a 13.56% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:15 pm

HCP

HashiCorp (NASDAQ:HCP) reported Q3 earnings with an EPS of $0.03, surpassing the estimated $-0.04, marking a 175.0% beat. Revenue increased by $20.78 million year-over-year. Despite beating EPS estimates last quarter, the stock dropped by 5.18% the following day. Historical earnings data shows fluctuating performance in EPS and steady revenue growth.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 9:15 pm

SMAR

Smartsheet (NYSE:SMAR) reported Q3 earnings with an EPS of $0.16, surpassing the estimate of $0.09 by 77.78%. Revenue increased by $46.34 million compared to the same period last year. The company's stock price had previously risen by 6.62% the day after beating last quarter's EPS estimate by $0.09.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 9:15 pm

FLNC

Fluence Energy Inc (NASDAQ:FLNC) shares are trading lower following the announcement of a secondary offering of 18 million shares by existing controlling stockholders. The company will not sell any shares nor receive proceeds from the offering. J.P. Morgan Securities LLC, Barclays Capital Inc., and Morgan Stanley are managing the offering.

Portfolio Pulse from Henry Khederian

December 07, 2023 | 9:14 pm