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ARM

Arm Holdings has projected its FY24 adjusted EPS to be between $1 and $1.10. The company also expects its revenue to be in the range of $2.960 billion to $3.080 billion.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:10 pm

LYFT

Lyft expects Q4 gross bookings of approximately $3.6 billion to $3.7 billion, and adjusted EBITDA of $50 million to $60 million. The company anticipates Q4 revenue to grow mid-single-digits quarter-over-quarter, and adjusted EBITDA margin to be roughly in line with the 4% achieved in Q2 of 2023. Lyft has not provided a GAAP reconciliation due to uncertainty and potential variability of reconciling items such as stock-based compensation and income taxes.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:10 pm

UWMC

UWM Holdings Corporation's shares rose by over 15% following the release of its Q3 financial results. The company reported revenues of $677.116 million, significantly beating the consensus estimate of $517.069 million. Earnings per share also exceeded estimates, coming in at 15 cents versus the expected 6 cents. CEO Mat Ishbia expressed optimism about the company's future, particularly when rates fall.

Portfolio Pulse from Ryan Gustafson

November 08, 2023 | 9:09 pm

TTWO

Take-Two Interactive has reiterated its 2024 net bookings guidance of $5.45 billion to $5.55 billion.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:08 pm

PSNY

Polestar, a Swedish electric vehicle manufacturer, is targeting a gross margin in the high teens with a total annual volume of approximately 155,000-165,000 cars for the fiscal year 2025. The company is listed on the US stock market under the ticker PSNY.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:06 pm

G

Genpact has revised its FY23 EPS guidance from $2.91-$2.94 to $2.89, slightly below the estimated $2.92. The company also expects a total revenue of approximately $4.45 billion, a 2% YoY increase, which is lower than the previous outlook of $4.59 billion to $4.64 billion. The adjusted income from operations margin is expected to be around 17.0%, up from the prior expectation of 16.8%.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:05 pm

AFIB

Trading of Acutus Medical shares has been temporarily halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:02 pm

PSNY

Polestar Automotive (NASDAQ:PSNY) reported Q3 sales of $613.18 million, missing the analyst consensus estimate of $705.57 million by 13.09 percent. However, this represents a 40.82 percent increase over sales of $435.45 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:01 pm

KE

Kimball Electronics (NASDAQ:KE) has received positive analyst ratings in the last quarter, with 5 bullish and 2 somewhat bullish ratings. The company's average 12-month price target has increased by 6.23% from the previous average, now standing at $37.71.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 9:00 pm

CE

Over the past 3 months, 6 analysts have published their opinion on Celanese (NYSE:CE) stock. The company has an average price target of $140.17, up by 1.57% from the previous average price target of $138.00. The majority of the analysts are somewhat bullish on the stock.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 9:00 pm