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RY

Royal Bank of Canada (NYSE:RY) reported Q4 earnings with an EPS of $2.07, beating estimates by 7.25% against the expected $1.93. Revenue increased by $261 million from the same period last year. Despite beating EPS estimates last quarter, RY's share price dropped by 1.47% the following day.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 11:05 am

DOOO

BRP Inc. has revised its FY24 sales growth forecast down to 4%-5% from the previously expected 7%-10%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 11:05 am

CM

Canadian Imperial Bank (NYSE:CM) reported Q4 earnings, beating estimates with an EPS of $1.173 against the expected $1.12. Revenue increased by $305.30 million from the previous year. Despite missing EPS last quarter, the share price rose by 0.53% the following day. The bank has had mixed past earnings performance.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 11:05 am

RY

Royal Bank of Canada (NYSE:RY) reported Q4 earnings with an EPS of $2.07, beating estimates by 7.25% and showing a revenue increase of $261 million from the previous year. Despite beating last quarter's EPS estimate, the share price dropped by 1.47% the following day.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 11:05 am

DOOO

BRP Inc. (NASDAQ:DOOO) reported a decrease in Q3 adjusted EPS to $2.28 from $2.74 YoY and a 9.69% drop in sales to $1.84B from $2.04B YoY.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 11:03 am

DLTH

Duluth Holdings (NASDAQ:DLTH) reported Q3 earnings with an EPS of $-0.32, missing estimates by 23.08% and a revenue decline from the same period last year. The company's past earnings performance shows a pattern of mixed results, with the share price dropping 1.42% the day after missing EPS last quarter.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 11:00 am

PSX

Phillips 66 (NYSE:PSX) is engaging in a 'constructive dialogue' with Elliott Investment Management after the latter outlined a turnaround strategy with 75% upside potential for PSX. Phillips 66 acknowledges the value of strategic priorities since its Investor Day in November 2022 and has raised its shareholder distribution target to $13-15 billion. The company plans to monetize over $3 billion in non-core assets and achieve $1.4 billion in savings by 2024, including refining cost reductions. Elliott criticized PSX's operational expenditure discipline and suggested appointing two new board directors with refining experience. PSX shares rose 0.54% to $122.88 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

November 30, 2023 | 10:54 am

DLTH

Duluth Holdings has updated its FY23 guidance, expecting net sales between $640M-$655M, compared to the previous range of $645M-$660M and against a $644.19M estimate. The company also revised its EPS forecast to a range of $(0.25)-$(0.15), which is a wider loss than the $(0.11) estimate and the prior view of $(0.15)-$(0.08).

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:54 am

SNOW

Needham analyst Mike Cikos has reaffirmed a Buy rating on Snowflake (NYSE:SNOW) and increased the price target from $216 to $225.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:54 am

VFS

Shares of VinFast Auto have experienced a significant increase in premarket trading. The specific reasons behind the spike are not detailed in the article provided.

Portfolio Pulse from Charles Gross

November 30, 2023 | 10:45 am