Streetbeat News

Stock Prices

CLFD

Clearfield Inc. has projected its Q1 2024 earnings per share (EPS) to be between $(0.36) and $(0.44), which is significantly lower than the estimated $0.08. The company also expects its revenue to be between $28M and $32M, falling short of the estimated $48.13M. These projections do not account for any share repurchases that may occur during the quarter.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:45 pm

CMCSA

DIS

NFLX

PEP

The Walt Disney Company reported its fiscal Q4 results, topping profit estimates and revealing its commitment to purchase a 33% stake in Hulu from Comcast Corporation. The company also announced the appointment of a new CFO, PepsiCo veteran Hugh Johnston. Disney's results were boosted by the end of the SAG-AFTRA strike, a 5% rise in revenue to $21.24 billion, and a net income of $264 million. The company's streaming figures were stronger than expected, with Disney+ net additions rising by nearly 7 million from the previous quarter. Disney also raised its cost-cutting target to $7.5 billion and provided an outlook for its content spend for 2024 of $25 billion.

Portfolio Pulse from Upwallstreet

November 09, 2023 | 9:45 pm

CLFD

Clearfield (NASDAQ:CLFD) reported Q4 earnings of $0.17 per share, beating the analyst consensus estimate of $0.10 by 70%. However, this is a 86.07% decrease from the same period last year. The company also reported quarterly sales of $49.69 million, beating the estimate of $49.06 million by 1.27%, but this is a 47.72% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:44 pm

NET

Cloudflare, Inc. (NYSE:NET) shares traded lower on Thursday, pulling back by almost 4% after a recent rally. The company reported better-than-expected Q3 results last week, with adjusted earnings of 16 cents per share and revenue of $335.6 million. However, three analysts have changed their price targets for the stock since the earnings report.

Portfolio Pulse from Ryan Gustafson

November 09, 2023 | 9:44 pm

DRCT

Direct Digital Holdings (NASDAQ:DRCT) reported Q3 2023 earnings of $0.23 per share, beating the analyst consensus estimate of $0.05 by 360%. This is a 283.33% increase from the same period last year. The company also reported quarterly sales of $59.47 million, surpassing the analyst consensus estimate of $34.49 million by 72.43%. This represents a 128.87% increase from the same period last year.

Portfolio Pulse from totan@benzinga.com

November 09, 2023 | 9:42 pm

U

Unity's Q3 revenue was reported at $544.21M, which is lower than the estimated $553.798M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:41 pm

WYNN

Wynn Resorts reported Q3 operating revenue of $1.67 billion, up from $889.7 million in the prior year's period, beating the Street consensus estimate of $1.585 billion. Adjusted earnings per share were 99 cents, beating the Street consensus estimate of 75 cents per share. The company ended the quarter with $2.79 billion in cash and cash equivalents and had total debt of $11.79 billion. Wynn Resorts bought back 596,948 shares of its stock at an average of $94.11 for a total cost of $56.2 million in Q3. The company is constructing a new resort in the UAE, expected to open in 2027.

Portfolio Pulse from Chris Katje

November 09, 2023 | 9:41 pm

HGBL

Heritage Glb (NASDAQ:HGBL) reported its Q3 earnings, missing estimated earnings by 28.57% with an EPS of $0.05 versus an estimate of $0.07. However, revenue was up $2.89 million from the same period last year. Last quarter, the company also missed on EPS which was followed by a 10.14% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 9:40 pm

SIEN

Sientra (NASDAQ:SIEN) reported Q3 earnings, missing estimated earnings by 77.03% with an EPS of $-1.31 versus an estimate of $-0.74. Revenue was down $3.03 million from the same period last year. Last quarter, the company beat EPS estimates by $0.01, which was followed by a 15.56% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 9:40 pm

U

Unity Software Inc reported Q3 revenue of $544 million, missing the consensus of $549.14M, and a quarterly loss of 32 cents per share, beating the consensus for a loss of 49 cents. The company experienced some revenue softness due to the runtime fee introduction and did not provide Q4 guidance due to an ongoing comprehensive assessment. Unity shares were down 12.60% after hours.

Portfolio Pulse from Adam Eckert

November 09, 2023 | 9:39 pm