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CHPT

ChargePoint announced the departure of CFO Rex Jackson, effective immediately. Mansi Khetani, Senior VP of Financial Planning and Analysis, has been appointed as interim CFO. The company will begin searching for a permanent replacement.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 9:21 pm

GPS

Gap Inc. anticipates its Q4 net sales to be flat or slightly negative compared to the previous year's $4.2 billion. This suggests a potential stagnation or minor decline in the company's revenue performance for the quarter.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 9:21 pm

AGI

BELGF

EDVGF

GDX

WPM

VanEck portfolio manager Imaru Casanova highlighted the significant undervaluation of gold mining stocks, noting they are trading at historical lows in terms of P/E, P/CF, and P/S ratios. Despite trading at a 20% discount to gold, Casanova is optimistic about the sector's future, expecting gold prices to reach all-time highs and gold stocks to outperform. She shared her top picks: Alamos Gold (AGI), Wheaton Precious Metals Corp. (WPM), Bellevue Gold Ltd. (BELGF), and Endeavor Mining (EDVGF). The VanEck Gold Miners ETF (GDX) also saw a recent increase.

Portfolio Pulse from Piero Cingari

November 16, 2023 | 9:21 pm

ESE

ESCO Technologies (NYSE:ESE) reported Q4 earnings with an EPS of $1.25, beating estimates by 2.46% and surpassing last year's revenue by $16.15 million. The company has a history of beating EPS estimates, which in the previous quarter led to a 2.74% stock price increase the following day.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 9:20 pm

DLB

Dolby Laboratories (NYSE:DLB) reported Q4 earnings with an EPS of $0.65, beating estimates by 22.64% and showing a revenue increase of $12.36 million year-over-year. Despite a previous quarter miss on EPS, which led to a share price drop, the current earnings outperformance could influence investor sentiment positively.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 9:20 pm

AMAT

Applied Materials Inc (NASDAQ:AMAT) reported Q4 revenue of $6.72 billion, beating estimates of $6.52 billion, and EPS of $2.12, surpassing the $2 estimate. Despite record revenue, earnings, and cash flow for fiscal 2023, shares fell 6.33% after hours due to a Reuters report about a U.S. criminal investigation into potential export restriction evasion to China's SMIC. The company forecasts Q1 revenue of $6.47 billion, above estimates of $5.86 billion, and adjusted EPS between $1.72 and $2.08, compared to the $1.69 estimate.

Portfolio Pulse from Adam Eckert

November 16, 2023 | 9:17 pm

HAYN

Haynes International (NASDAQ:HAYN) reported Q4 earnings with an EPS of $1.02, missing the estimate of $1.12 by 8.93%. However, revenue increased by $16.79 million compared to the same period last year. In the previous quarter, HAYN beat the EPS estimate by $0.01, resulting in a 5.54% share price increase the following day. The company's past earnings performance shows mixed results with both beats and misses on EPS estimates.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 9:15 pm

AMSWA

American Software (NASDAQ:AMSWA) reported Q2 earnings with an EPS of $0.08, missing the estimate by 11.11%. Revenue declined by $5.75 million year-over-year. Despite beating EPS estimates last quarter, which led to a share price increase, this quarter's miss may concern investors.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 9:15 pm

NGVC

Natural Grocers (NYSE:NGVC) reported Q4 earnings with an EPS of $0.26, beating estimates by 30% and showing a revenue increase of $20.87 million from the previous year. The company has a history of surpassing EPS estimates, which in the past has led to a share price increase the following day.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 9:15 pm

WWD

Woodward (NASDAQ:WWD) reported Q4 earnings with an EPS of $0.84, missing the estimate of $1.31 by 35.88%. Despite the miss, revenue increased by $137.04 million compared to the same period last year. In the previous quarter, Woodward beat the EPS estimate which resulted in a 9.54% share price increase the following day. The company's past earnings performance shows variability in beating EPS estimates.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 9:15 pm