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CRTO

Criteo has projected a high single-digit to low double-digit growth in contribution ex-TAC at constant currency for FY23.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:59 am

AKRO

CROX

TBBK

Insider trades were noted in Akero Therapeutics, Crocs, and The Bancorp. Akero Therapeutics Director Walmsley Graham acquired 55,000 shares at an average price of $42.95, costing around $2.36 million. Crocs Director Thomas Smach acquired 1,435 shares at an average price of $104.53, costing around $150,001. The Bancorp Director Matthew Cohn bought 5,868 shares at an average price of $37.61, costing around $220,688.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 10:58 am

PERI

Perion Network Ltd has updated its FY23 revenue forecast to $730M-$750M, up from the previous estimate of $725M-$745M. The company also expects its adjusted EBITDA to Contribution Ex-TAC to be 54%, an increase from the prior 50%.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:58 am

GRMN

Garmin Ltd has updated its FY23 revenue forecast to $5.05B, up from the previous estimate of $5.0B, which aligns with the market estimate. However, the company reiterated its proforma EPS at $5.15, which is lower than the estimated $5.24.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:58 am

EMR

Emerson has revised its 2023 net sales growth forecast to approximately 10.5%, up from the previous estimate of 9%-10.5%. The company also increased its adjusted EPS guidance to $4.40-$4.45, up from the prior $4.15-$4.25, beating the estimated $4.21.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:58 am

INVZ

Innoviz Technologies has raised its revenue outlook for 2023 to $15M-$20M, up from the previous estimate of $12M-$15M. This is higher than the estimated $13.47M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:57 am

HAYW

Hayward Holdings has projected a decrease in its FY23 sales by 20%-23%. The company also expects its adjusted EBITDA to be between $265M and $280M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:57 am

SUN

Sunoco (NYSE:SUN) reported Q2 earnings of $0.78 per share, missing the analyst consensus estimate of $1.02 by 23.53%. This is a 35% decrease from the same period last year. The company also reported quarterly sales of $5.52 billion, missing the analyst consensus estimate of $5.81 billion by 4.97%. This is a 29.35% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:57 am

BRY

Berry Corp (NASDAQ:BRY) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.01 by 1400 percent. However, this is a 76.56 percent decrease from the same period last year. The company also reported quarterly sales of $229.36 million, beating the analyst consensus estimate of $162.10 million by 41.49 percent, but this is a 9.39 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:57 am

KRP

Kimbell Royalty Partners (NYSE:KRP) reported Q2 earnings of $0.23 per share, beating the analyst consensus estimate of $0.12 by 91.67%. However, this is a 58.18% decrease from the same period last year. The company also reported quarterly sales of $60.75 million, beating the analyst consensus estimate of $53.46 million by 13.64%, but this is a 16.45% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:57 am