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PRVA

Privia Health Gr (NASDAQ:PRVA) reported Q3 adjusted earnings of $0.17 per share, beating the analyst consensus estimate of $0.05 by 240%. However, the company's quarterly sales of $417.28 million missed the analyst consensus estimate of $702.46 million by 40.60%.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:33 am

ATMU

Atmus Filtration has revised its FY23 revenue forecast to $1.60B-$1.63B, up from the previous $1.58B-$1.63B. The company also adjusted its EPS to $2.20-$2.30, up from $2.05-$2.25.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:32 am

NIO

TSLA

Chinese EV maker Nio Inc is reportedly cutting 10% of its staff and may spin off non-core businesses due to financial struggles. The company, which had 26,763 full-time employees at the end of 2022, has yet to post a profit since its founding in 2014. Tesla CEO Elon Musk commented on the news, suggesting Nio is facing tough times.

Portfolio Pulse from Anan Ashraf

November 03, 2023 | 10:20 am

FTNT

Cantor Fitzgerald analyst Jonathan Ruykhaver has downgraded Fortinet (NASDAQ:FTNT) from Overweight to Neutral and lowered the price target from $75 to $50.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:17 am

EL

Berenberg analyst Fulvio Cazzol has downgraded Estee Lauder Cos (NYSE:EL) from Buy to Hold and lowered the price target from $224 to $118.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:15 am

OMI

Owens & Minor has updated its FY23 revenue forecast to a range of $10.3B-$10.4B, a slight adjustment from the previous range of $10.2B-$10.5B. The new forecast is in line with the consensus estimate of $10.37B.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:05 am

AAPL

QCOM

SSNLF

Samsung Electronics Co Ltd. is reportedly planning an early launch for its Galaxy S24 series on Jan. 17 in the US, in a bid to compete with Apple Inc.'s iPhone 15 series. The Galaxy S24 series will be powered by Qualcomm Inc.'s latest flagship chipset, the Snapdragon 8 Gen 3. Samsung is also expected to return to the US in 2024 to launch its new Galaxy Z Fold and Flip phones.

Portfolio Pulse from Rounak Jain

November 03, 2023 | 10:05 am

ACRE

Ares Comml Real Est (NYSE:ACRE) reported Q3 earnings of $0.25 per share, beating the analyst consensus estimate of $0.21 by 19.05%. However, this is a 35.9% decrease from the same period last year. The company's quarterly sales were $23.88 million, missing the analyst consensus estimate of $25.32 million by 5.68%, and marking a 12.42% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:03 am

FTNT

JP Morgan analyst Brian Essex has downgraded Fortinet (NASDAQ:FTNT) from Overweight to Neutral and lowered the price target from $67 to $52.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:02 am

FLR

Fluor Corporation has raised its adjusted earnings per share (EPS) guidance for FY23 from $2.00 - $2.30 to $2.00 - $2.30, against an estimate of $2.15.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:02 am