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MATV

Mativ Holdings (NYSE:MATV) reported Q3 earnings of $0.21 per share, beating the analyst consensus estimate of $0.09 by 133.33%. However, this is a 71.62% decrease from the same period last year. The company's quarterly sales were $498.20 million, missing the analyst consensus estimate of $545.10 million by 8.60%, and marking a 26.09% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:18 pm

JAZZ

Jazz Pharmaceuticals has projected its FY23 adjusted EPS to be between $18.15 and $19, compared to the estimated $18.66. The company also expects its revenue to be between $3.750B and $3.875B, against the estimated $3.83B.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:15 pm

PHX

PHX Minerals (NYSE:PHX) reported Q4 earnings of $0.05 per share, in line with analyst consensus. However, this is a decrease of 80.77% from the same period last year. The company's quarterly sales were $9.18 million, missing the analyst consensus of $10.48 million by 12.37%, and marking a 47.68% decrease from the previous year.

Portfolio Pulse from totan@benzinga.com

November 08, 2023 | 10:15 pm

NN

NextNav (NASDAQ:NN) reported Q3 losses of $(0.21) per share, missing the analyst consensus estimate of $(0.13) by 61.54 percent. This is a 16.67 percent decrease over losses from the same period last year. The company's quarterly sales of $1.03 million met the analyst consensus estimate, marking a 104.17 percent increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:13 pm

NYXH

Nyxoah (NASDAQ:NYXH) reported Q3 2023 GAAP EPS of $(0.29), beating the estimate of $(0.45) by 35.56%. However, the company's sales of $1.06M missed the estimate of $1.46M by 27.26%. Compared to the same period last year, EPS decreased by 20.83% while sales increased by 478.81%.

Portfolio Pulse from saritha@benzinga.com

November 08, 2023 | 10:12 pm

AFRM

Affirm Holdings, Inc. (NASDAQ:AFRM) reported better-than-expected Q1 financial results and issued guidance, leading to a rise in its stock price. The company reported quarterly losses of 57 cents per share, beating the analyst consensus estimate of losses of 70 cents. Quarterly sales were $496.55 million, beating the analyst consensus estimate of $444.77 million. Affirm's active customers grew 15% YoY to 16.6 million. The company issued guidance for Q2 2024 with revenue estimated to be between $495 million and $520 million.

Portfolio Pulse from Ryan Gustafson

November 08, 2023 | 10:10 pm

ENS

EnerSys, a global leader in stored energy solutions, has projected its Q3 2024 adjusted EPS to be between $1.80 and $1.90, which is lower than the previous estimate of $1.92.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:09 pm

SPY

Goldman Sachs' Macro Outlook 2024 predicts an upturn in the US economy, with a 2.1% growth rate, lower inflation, and a 15% probability of recession. The bank forecasts the S&P 500 Index to reach 4,700, implying an 8% increase in the SPDR S&P 500 ETF Trust (NYSE:SPY). The bank also expects bonds to perform well in 2024, particularly if central banks cut interest rates to mitigate growth risks as inflation declines.

Portfolio Pulse from Piero Cingari

November 08, 2023 | 10:05 pm

ASRT

Assertio Therapeutics Inc. (ASRT) shares are trading lower after the company reported worse-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:03 pm

ASH

Ashland (NYSE:ASH) reported Q4 adjusted earnings of $0.41 per share, missing the analyst consensus estimate of $0.63 by 34.92%. This is a 71.92% decrease from the same period last year. The company also reported quarterly sales of $518.00 million, missing the analyst consensus estimate of $528.53 million by 1.99%. This is a 17.91% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:03 pm