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UPWK

Upwork reported better-than-expected Q3 financial results and announced a $100 million share buyback program, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:38 pm

LCID

Lucid Group Inc (NASDAQ:LCID) reported Q3 earnings with revenue of $137.81 million, missing the consensus estimate of $183.84 million. The company reported a quarterly loss of 28 cents per share, beating analyst estimates for a loss of 35 cents per share. Lucid also lowered its full-year production outlook from 10,000 to a range of 8,000 to 8,500. The company's new electric SUV, Lucid Gravity, will be unveiled on Nov. 16.

Portfolio Pulse from Adam Eckert

November 07, 2023 | 9:38 pm

ESTA

Establishment Labs reported worse-than-expected Q3 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:37 pm

GILD

Gilead Sciences, Inc. (NASDAQ:GILD) reported Q3 earnings of $2.29 per share, beating the analyst consensus estimate of $1.92. Quarterly sales were $7.10 billion, also beating the analyst consensus estimate of $6.80 billion. The company outlined the sales performances of its various products, including a 4% YoY increase in HIV product sales. However, Liver disease portfolio sales decreased 10% YoY. Gilead anticipates full-year 2023 Total Product Sales of $26.7 billion to $26.9 billion, an increase from previous guidance. Shares of GILD were down 1.27% in the after-hours session.

Portfolio Pulse from Ryan Gustafson

November 07, 2023 | 9:36 pm

SNBR

Sleep Number Corporation (SNBR) reported its Q3 financial results, following which its shares traded lower.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:36 pm

CARG

CarGurus has released its Q4 and FY23 guidance. For Q4, it expects EPS of $0.30-$0.33, higher than the estimated $0.28, and revenue of $208M-$228M, compared to the estimated $222.46M. For FY23, it anticipates EPS of $1.19-$1.22, higher than the estimated $1.10, and revenue of $899M-$919M, compared to the estimated $910.57M. The guidance is based on recent market behaviors and industry conditions, excluding macro-level industry issues and potential impact of foreign currency exchange gains or losses.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:35 pm

CARG

CarGurus reported better-than-expected Q3 financial results and announced a $250 million share repurchase program authorized by its Board of Directors. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:34 pm

EXFY

Expensify (NASDAQ:EXFY) reported Q3 2023 earnings with losses of $(0.08) per share, missing the analyst consensus estimate of $0.02 by 500 percent. This is a 233.33 percent decrease from the same period last year. The company also reported quarterly sales of $36.49 million, missing the analyst consensus estimate of $38.66 million by 5.60 percent, a 14.12 percent decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

November 07, 2023 | 9:33 pm

GXO

GXO Logistics reported Q3 earnings of $0.69 per share, beating the analyst consensus estimate of $0.66 by 4.55%. However, this is an 8% decrease from the same period last year. The company's quarterly sales of $2.47 billion missed the analyst consensus estimate of $2.48 billion by 0.28%, but this is an 8.05% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:31 pm

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APEI

CJET

CRCT

IRBT

LXEH

NRDY

REAL

RGS

SLNA

VRM

Several consumer discretionary stocks experienced significant movement in Tuesday's after-market session. American Public Education, Color Star Tech, Lixiang Education Hldg, RealReal, Regis, and Selina Hospitality saw gains, while Nerdy, Vroom, Cricut, iRobot, and Chijet Motor Co experienced losses. Most of these movements were associated with the release of Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 9:31 pm