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PAYC

Paycom Software has provided its financial guidance for Q4 2023 and FY23, expecting revenues to be in the range of $420M-$425M and $1.679B-$1.684B respectively. These estimates are lower than the market expectations of $452.27M for Q4 and $1.72B for FY23.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:07 pm

BGFV

Big 5 Sporting Goods expects Q4 EPS to be between $(0.20)-$(0.35), compared to $0.07 estimate. The company also anticipates same store sales to decrease in the high single-digit to low double-digit range compared to the fiscal 2022 Q4. This is due to expected macroeconomic headwinds impacting discretionary consumer spending. The company's cash balance at the end of the fiscal 2023 Q4 is expected to be largely consistent with its cash balance at the end of the fiscal 2023 Q3.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:04 pm

DHR

Shares of Danaher Corporation (NYSE:DHR) are trading higher, possibly in sympathy with GE HealthCare, which reported better-than-expected Q3 financial results. This comes after Danaher's Q3 earnings report last week, which led to a downward trend in its stock due to weak guidance, despite posting earnings above estimates.

Portfolio Pulse from Ryan Gustafson

October 31, 2023 | 8:04 pm

MHH

Mastech Digital (MHH) is set to release its quarterly earnings report on November 1, 2023. Analysts estimate an EPS of $0.13. The company's stock price may be affected not only by the earnings result but also by the guidance provided for the next quarter. In the previous quarter, the company missed EPS by $0.04, leading to a 4.6% drop in the share price. The stock has been trading at $8.93, down 36.36% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 8:03 pm

AVNS

Avanos Medical (NYSE:AVNS) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $0.28. The company's past performance shows a miss in EPS by $0.06 last quarter, followed by a 0.64% drop in share price. The stock is currently trading at $17.83, down 20.52% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 8:03 pm

HBB

Hamilton Beach Brands (NYSE:HBB) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $0.00. The company's stock performance has been generally positive over the last 52-week period, with shares up 4.97%. The company's last earnings beat led to a 2.74% increase in the share price.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 8:03 pm

VGR

Vector Group (NYSE:VGR) is set to release its quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $0.36. The company's past performance shows a miss in EPS by $0.01 last quarter, which led to an 11.46% drop in share price. The stock was trading at $10.28 as of October 30, with a 52-week return of 0.05%.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 8:01 pm

CBRG

CBRGU

CBRGW

Chain Bridge I (NASDAQ:CBRGU, CBRG, CBRGW) has announced that it will redeem all of its outstanding Class A ordinary shares at a per-share price of approximately $10.80, effective as of the close of business on November 15, 2023. The decision comes as the company will not be able to consummate an initial business combination within the required time period. The company will cease all operations, except those required to wind up the business, and expects that the Nasdaq Stock Market will file a Form 25 with the U.S. Securities and Exchange Commission to delist its securities.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:01 pm

EIS

GLD

IZRL

QQQ

SPY

UUP

A massive explosion in Gaza's north has resulted in numerous casualties. The Israel Defense Forces (IDF) confirmed that the target was a high-ranking Hamas commander. The attack also resulted in the destruction of an underground terror infrastructure. The SPDR S&P 500 ETF Trust (NYSE:SPY) rose 0.6%, the Invesco QQQ Trust (NASDAQ:QQQ) was 0.4% higher, the iShares MSCI Israel ETF (NASDAQ:EIS) was flat, ARK Israel Innovative technology ETF (NYSE:IZRL) rose 2%, the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP) rose 0.4%, and the SPDR Gold Trust (NYSE:GLD) fell to $1,990/oz, down 0.4% for the day.

Portfolio Pulse from Piero Cingari

October 31, 2023 | 7:51 pm

BUD

TAP

Anheuser-Busch Inbev SA (BUD) is recovering from a transgender-related controversy, with better than expected earnings and regained market share. Molson Coors Beverage Co Class B (TAP) initially benefited from the situation, but the advantage was temporary.

Portfolio Pulse from The Arora Report

October 31, 2023 | 7:50 pm