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EXPE

Expedia reported better-than-expected Q3 financial results, announced a $5 billion share repurchase authorization, and reiterated full year guidance. This has led to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:46 pm

BILL

BILL is cautiously navigating the current market environment while continuing to invest in long-term opportunities to serve Small and Medium Businesses (SMBs).

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:45 pm

TEAM

Atlassian's shares are trading lower following the release of the company's Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:45 pm

FND

Floor & Decor Holdings has projected its FY23 net sales to be between $4.345B and $4.385B, which is lower than the estimated $4.49B.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:44 pm

SQ

Block Inc., formerly known as Square Inc., reported better-than-expected Q3 financial results and issued positive Q4 guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:44 pm

MAIN

Main Street Capital reported Q3 2023 earnings per share (EPS) of $0.99, up from $0.83 year over year (YoY). However, the company's revenue of $123.237M missed the estimate of $123.815M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:42 pm

ARKK

COIN

PATH

ROKU

SHOP

TSLA

Cathie Wood's ARK family of funds added over $700 million in assets under management (AUM) in a single trading session, marking her best day of the year. This surge followed the Federal Reserve's decision to maintain interest rates, leading to a market relief rally. The ARKK Innovation ETF rose over 8%, increasing its AUM by $500 million. Other ARK ETFs also saw robust gains. Stocks contributing to the ARK Innovation ETF’s performance included Roku, Coinbase Global, Shopify, Tesla, and UiPath.

Portfolio Pulse from Piero Cingari

November 02, 2023 | 8:42 pm

CVNA

Carvana Co (NYSE:CVNA) reported Q3 earnings with revenue of $2.773 billion, slightly below the consensus estimate of $2.782 billion. The company reported net income of $741 million, assisted by a gain on debt reduction, and a record adjusted EBITDA of $148 million. Carvana sold 80,987 vehicles in Q3, with a gross profit per vehicle of $5,952, up 70% YoY. However, the company anticipates a sequential decline in retail units sold in Q4 due to industry and seasonal patterns.

Portfolio Pulse from Adam Eckert

November 02, 2023 | 8:41 pm

FND

Floor & Decor Hldgs (NYSE:FND) reported Q3 earnings of $0.61 per share, beating the analyst consensus estimate of $0.56 by 8.93%. However, this is a 12.86% decrease from the same period last year. The company's quarterly sales of $1.11 billion missed the analyst consensus estimate of $1.12 billion by 1.16%, but it's a 0.91% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:41 pm

EXPI

eXp World Holdings (NASDAQ:EXPI) reported Q3 earnings of $0.01 per share, missing the analyst consensus estimate of $0.05 by 80%. This is a 66.67% decrease from the same period last year. However, the company reported quarterly sales of $1.22 billion, beating the analyst consensus estimate of $1.18 billion by 2.97%. This is a 1.94% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:41 pm