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HBI

HanesBrands has projected its FY23 adjusted EPS to be between $0.16 and $0.30, which is lower than the estimated $0.31.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 11:04 am

OCX

OncoCyte (NASDAQ:OCX) reported Q2 losses from cont ops of $(1.03) per share, a significant increase from $(0.24) per share last year. However, the company's quarterly sales of $463.00 thousand beat the analyst consensus estimate of $360.00 thousand by 28.61 percent, despite being a 77.60 percent decrease from $2.07 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 11:04 am

HBI

HanesBrands has projected its FY23 net sales to be between $5.8 billion and $5.9 billion, which is lower than the estimated $6.05 billion.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 11:04 am

WKME

WalkMe has projected its Q3 revenue to be between $66M-$68M, which is lower than the street estimate of $69.15M. The company also forecasts its FY23 revenue to be between $266M-$270M, again lower than the estimated $271.73M.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 11:02 am

ASAN

CVBF

VAC

VTGN

Insiders at Vistagen Therapeutics, CVB Financial, Safehold, and Asana have made notable purchases of their companies' stocks. Vistagen Therapeutics' 10% owner Commodore Capital LP acquired 775,756 shares for around $17.96 million. CVB Financial's Director George A. Borba Jr bought 257,704 shares for around $4.99 million. Safehold's Chairman and CEO Jay Sugarman bought 65,420 shares for around $1.4 million. Asana's President, CEO and Chair Dustin Moskovitz bought 160,000 shares for around $3.45 million.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 10:59 am

DDS

Dillard's has reported a 3% decrease in comparable store sales for Q2.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:59 am

BN

Brookfield (NYSE:BN) reported Q2 earnings of $0.75 per share, missing the analyst consensus estimate of $0.88 by 14.77%. The company also reported quarterly sales of $23.67 billion, missing the analyst consensus estimate of $30.51 billion by 22.43%. However, both earnings and sales saw a slight increase compared to the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 10, 2023 | 10:58 am

DIS

QQQ

SONO

SPY

TTD

Stock futures indicate a higher start on Thursday as traders anticipate the July consumer price inflation data. Major averages declined on Wednesday due to inflation worries. The Nasdaq Composite, S&P 500 Index, and the small-cap R2K index pulled back to their lowest levels in about a month. A Morgan Stanley analyst warned about high equity valuations and suggested investors prepare for interest rates to stay higher for a while. In premarket trading, the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ ETF (QQQ) rose. Several companies including Sonos, Inc. (SONO), Walt Disney Co. (DIS), and Trade Desk, Inc. (TTD) reacted to their earnings news.

Portfolio Pulse from Shanthi Rexaline

August 10, 2023 | 10:54 am

DNUT

Krispy Kreme has re-affirmed its previous 2023 guidance, expecting a net revenue of $1.65B-$1.68B, slightly below the estimated $1.69B. The company also anticipates an adjusted EPS of $0.31-$0.34, which aligns with the estimated $0.33.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:50 am

SIX

Six Flags Entertainment (NYSE:SIX) reported Q2 earnings of $0.72 per share, missing the analyst consensus estimate of $0.78 by 7.69%. The company also reported quarterly sales of $443.71 million, missing the analyst consensus estimate of $459.03 million by 3.34%. However, both earnings and sales show an increase compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:50 am