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DOOO

BRP reiterated its FY24 revenue growth target of 9% to 12% and normalized EPS of C$12.25 to C$12.75. The company's US-listed stock, DOOO, may be impacted by this news.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:07 am

BILI

Bilibili has reiterated its FY23 revenue guidance of $3.51 billion to $3.80 billion, slightly above the consensus estimate of $3.50 billion.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:07 am

CONN

Conn's reported Q1 earnings with an EPS of $-1.52, missing estimates by 14.29%. Revenue was down $55.25 million from the same period last year. The company has a history of missing EPS estimates, which previously led to a 3.99% drop in share price.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 10:05 am

CONN

Conn's reported Q1 adjusted losses of $(1.52) per share, missing the $(1.33) estimate by 14.29%. Sales were $284.60M, missing the $306.06M estimate by 7.01%. This represents a 708% decrease in earnings and a 16.25% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:01 am

JCI

Barclays analyst Julian Mitchell downgrades Johnson Controls Intl (NYSE:JCI) from Overweight to Equal-Weight and announces a $70 price target.

Portfolio Pulse from richadhand@benzinga.com

June 01, 2023 | 9:43 am

AAP

MSFT

NVDA

The S&P 500 closed lower on Wednesday due to an unexpectedly strong labor market report, increasing the likelihood of a Fed rate hike. Advance Auto Parts shares fell 35% after reporting worse-than-expected Q1 results and reducing full-year guidance. The Nasdaq 100 also fell, with losses in shares of NVIDIA and Microsoft.

Portfolio Pulse from Lisa Levin

June 01, 2023 | 9:42 am

NIO

NIO delivered 6,155 vehicles in May 2023, a decrease from 6,658 vehicles in April 2023. The deliveries included 2,396 premium smart electric SUVs and 3,759 premium smart electric sedans, bringing cumulative deliveries to 333,410 as of May 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 9:39 am

XPEV

XPeng announced the delivery of 7,506 smart EVs in May 2023, with a substantial increase in P7i deliveries compared to the previous month. The company plans to further accelerate P7i deliveries in June.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 9:31 am

LI

Li Auto reported 28,277 vehicle deliveries in May 2023, a 146.0% increase YoY. This is the third consecutive month with over 20,000 deliveries and the second straight month with over 10,000 Li L7s delivered. Cumulative deliveries reached 363,876 by the end of May.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 9:02 am

TSLA

Tesla has resumed accepting reservations for its Roadster supercar, with an initial $5,000 payment and a $45,000 wire transfer required within 10 days. The estimated starting price for the base model is around $200,000, but the final price will be confirmed once the vehicle is configured. CEO Elon Musk stated that the design and engineering of the Roadster would be completed this year, with production beginning by the end of next year.

Portfolio Pulse from Anan Ashraf

June 01, 2023 | 8:30 am