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MNSO

MINISO Group Holding Limited (NYSE:MNSO) reported a 36.7% increase in Q1 FY24 revenue, reaching RMB3.79 billion. Revenue from China rose 34.7% Y/Y to RMB2.49 billion. Gross profit surged 60.2% Y/Y with a gross margin of 41.8%. Operating income and adjusted EBITDA also saw significant increases of 54.7% and 52.8%, respectively. MINISO surpassed 6,000 stores, totaling 6,115, and beat earnings per ADS estimates at $0.28. The company has $875 million in cash and expects continued sales growth and margin optimization.

Portfolio Pulse from Shivani Kumaresan

November 21, 2023 | 12:20 pm

AI

Oppenheimer analyst Timothy Horan has upgraded C3.ai (NYSE:AI) from Perform to Outperform and set a price target of $40. This upgrade reflects a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 12:20 pm

ETR

B of A Securities analyst Paul Zimbardo has upgraded Entergy (NYSE:ETR) from Neutral to Buy and increased the price target from $94 to $110.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 12:18 pm

AIRE

CSCO

EGIO

The article highlights three oversold tech stocks with RSI values near or below 30, suggesting they may be undervalued: reAlpha Tech Corp. (AIRE), Cisco Systems, Inc. (CSCO), and Edgio, Inc. (EGIO). AIRE recently filed a prospectus for a common units offering, CSCO cut FY24 guidance and issued lower-than-expected Q2 guidance, and EGIO posted better-than-expected Q3 sales.

Portfolio Pulse from Lisa Levin

November 21, 2023 | 12:11 pm

A

BIDU

NVDA

QQQ

SPY

Ahead of Nvidia's earnings, Nasdaq and S&P 500 futures indicate a modestly lower open. Analysts suggest a potential pause after recent gains but remain optimistic for a seasonal rally into year-end. Traders are watching the December Fed meeting minutes and bond yields. U.S. stocks had a strong performance on Monday, with technology stocks leading. Futures for SPDR S&P 500 ETF Trust and Invesco QQQ ETF are slightly down in premarket trading. Several companies, including Agilent Technologies and Baidu, reported earnings, with more companies scheduled to release their results.

Portfolio Pulse from Shanthi Rexaline

November 21, 2023 | 12:11 pm

DKS

Dick's Sporting Goods (NYSE:DKS) reported Q3 earnings with an EPS of $2.85, beating estimates by 16.33% and showing a revenue increase of $83 million from the same period last year. Despite missing EPS estimates last quarter, which led to a slight share price drop, the current earnings beat could positively influence investor sentiment.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 12:10 pm

KSS

Kohl's Corporation (NYSE:KSS) reported Q3 earnings with an EPS of $0.53, surpassing the estimate of $0.33 by 60.61%. However, revenue declined by $434 million compared to the same period last year. Despite beating the EPS estimate last quarter, KSS's share price fell by 5.07% the following day. Historical data shows mixed past earnings performance with both beats and misses on EPS and revenue estimates.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 12:10 pm

BBY

Best Buy Co (NYSE:BBY) reported Q3 earnings with an EPS of $1.29, beating estimates by 8.4% but with a revenue decrease of $831 million from the same period last year. The company's past earnings performance shows a mixed track record, with both beats and misses on EPS and revenue estimates.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 12:10 pm

NJR

New Jersey Resources (NYSE:NJR) reported Q4 earnings with an EPS of $0.3, missing estimates by 6.25% against an expected $0.32. Revenue decreased by $434.16 million compared to the same period last year. In the previous quarter, NJR beat EPS estimates which led to a 0.59% share price increase the following day.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 12:10 pm

MDWD

MediWound (NASDAQ:MDWD) reported Q3 earnings with an EPS of $-0.24, beating estimates by 45.45% against an expected $-0.44. However, revenue declined by $1.03 million compared to the same period last year. Despite beating EPS estimates last quarter, MDWD's share price dropped by 1.54% the following day. The company's past earnings performance shows variability in meeting EPS and revenue estimates.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 12:10 pm