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RUN

Sunrun (NASDAQ:RUN) reported Q3 earnings of $0.40 per share, beating the analyst consensus estimate of $(0.18) by 322.22 percent. However, this is a 58.33 percent decrease from the same period last year. The company's quarterly sales were $563.18 million, missing the analyst consensus estimate of $578.54 million by 2.65 percent, and marking a 10.88 percent decrease from the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 01, 2023 | 8:21 pm

ROKU

Roku Inc reported Q3 revenue of $912.02 million, a 20% YoY increase, beating the consensus estimate of $855.16 million. The company reported a quarterly loss of $2.33 per share, with an adjusted EBITDA of $43 million. Active accounts increased to 75.8 million, up 2.3 million from Q2. Roku expects Q4 net revenue of approximately $955 million, with a total gross profit of $405 million and adjusted EBITDA of $10 million. Roku shares were up 8.54% after hours.

Portfolio Pulse from Adam Eckert

November 01, 2023 | 8:21 pm

CLX

Clorox reported Q1 adjusted earnings of $0.49 per share, a 47.31% decrease from $0.93 per share last year. Quarterly sales were $1.39 billion, beating the analyst consensus estimate of $1.31 billion by 5.80%, but representing a 20.34% decrease from $1.74 billion last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:18 pm

TTD

A whale investor has taken a bullish stance on Trade Desk (NASDAQ:TTD), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whale has been targeting a price range from $50.0 to $85.0 for Trade Desk over the last 3 months. Loop Capital has downgraded its action to Buy with a price target of $95. The price of TTD is down -0.87% at $70.34.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 8:16 pm

PAYC

Paycom Software Inc (NYSE:PAYC) has been downgraded by several analysts following a disappointing outlook and revenue growth below expectations. The company's stock lost around 40% of its value. The downgrades were due to macro headwinds, BETI cannibalization, and strategic initiatives. The company's Q4 revenue and EPS are also projected to be lower than consensus estimates. PAYC's shares closed lower by 38.50% at $150.69 on Wednesday.

Portfolio Pulse from Anusuya Lahiri

November 01, 2023 | 8:16 pm

MELI

MercadoLibre's shares are trading higher following the company's Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:15 pm

QCOM

Qualcomm reported better-than-expected Q4 financial results and issued Q1 adjusted EPS and sales guidance above estimates, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:15 pm

BNL

Broadstone Net Lease (BNL) reported Q3 earnings of $0.36 per share, a 2.86% increase YoY. However, the company's quarterly sales of $109.54M missed the analyst consensus estimate of $111.37M by 1.64%.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:15 pm

AMD

Shares of Advanced Micro Devices, Inc. (AMD) surged after the company reported positive Q3 earnings. Analysts from Morgan Stanley, KeyBanc Capital Markets, Raymond James, Bernstein, BMO Capital Markets, and Piper Sandler provided their insights on AMD's future prospects. While the company's data center and AI GPU revenues are expected to grow, concerns were raised about the performance of the embedded and gaming sectors.

Portfolio Pulse from Priya Nigam

November 01, 2023 | 8:14 pm

ETSY

Etsy has projected a decline in Gross Merchandise Sales (GMS) for Q4 2023 in the low-single-digit range year-over-year. The take rate is estimated to be around 20.8%, slightly down due to normal seasonality. The adjusted EBITDA margin is expected to be between 26-27%. The company's CEO, Mr. Silverman, acknowledged the challenging environment for consumer discretionary spending but expressed confidence in the company's ability to deliver profitable growth.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:13 pm