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Zillow's New Homes Business Drives Big Revenue Jump, Pushes Stock Higher
Friday, May 10, 2019 - 1:26pm | 597Zillow Group Inc (NASDAQ: ZG) shares soared Friday after reporting a big jump in revenue from its new business in buying and selling homes, but the stock was offering better upside than the houses themselves. Despite the new Homes segment helping drive revenue growth, it also was pushing Zillow...
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Benchmark: TrueCar Faces Near-Term Challenges, Could Recover In Second Half Of Year
Friday, May 10, 2019 - 11:19am | 422Online automotive marketplace TrueCar Inc (NASDAQ: TRUE) reported below-consensus bottom line results for the first quarter Thursday and issued weak second-quarter revenue guidance. The company also lowered its 2019 guidance. The Analyst Benchmark analyst Daniel Kurnos maintained a Hold rating on...
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Analysts React To Amazon's Q1: Everyone Remains A Bull
Friday, April 26, 2019 - 11:55am | 1222Amazon.com, Inc. (NASDAQ: AMZN) reported a notable beat on the profit line in its first-quarter results, although management's operating profit outlook for the second quarter fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The...
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The Street's Mixed Reaction To eBay's Q1
Friday, April 26, 2019 - 8:20am | 909Online marketplace eBay Inc (NASDAQ: EBAY) reported Tuesday with first-quarter results that came in better than expected — but not all Street analysts are impressed with the print. The Analysts Morgan Stanley's Brian Nowak maintained an Equal-weight rating on eBay ...
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Benchmark Continues To See IAC As Core Long-Term Holding
Monday, February 11, 2019 - 4:07pm | 412IAC/InterActiveCorp (NASDAQ: IAC) shares are moving higher after the company posted a fourth-quarter earnings beat last week driven by strong results from Match Group Inc (NASDAQ: MTCH). The Analyst Benchmark analyst Daniel Kurnos reiterated a Buy rating on IAC/InterActive with...
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Benchmark: For First Time In Years, 1-800-Flowers Delivered A 'Complete Holiday Quarter'
Friday, February 1, 2019 - 1:43pm | 3551-800-Flowers.Com Inc (NASDAQ: FLWS) reported fiscal second-quarter results which marks the first time in years the company offered investors a "complete holiday quarter," according to Benchmark. The Analyst Benchmark's Daniel Kurnos maintains a Buy rating on Flowers.com ...
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After 'Sluggish' Q4 Print From eBay, Sell-Side More Focused On 'The Elephant In The Room'
Wednesday, January 30, 2019 - 1:34pm | 764E-commerce company eBay Inc (NASDAQ: EBAY) reported fourth-quarter results Tuesday, days after activist investor Elliott Management announced a stake of more than 4 percent. Here's how the Street reacted. The Analysts Barclays' Ross Sandler maintains an Overweight rating on...
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What To Do With eBay Now? Analysts Debate
Wednesday, October 31, 2018 - 3:19pm | 744EBay Inc (NASDAQ: EBAY) reported Tuesday its third-quarter results highlighted by an EPS beat, in-line revenue and a better-than-expected earnings guidance for the fourth quarter. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts DA Davidson's...
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Booking Holdings Is Playing Catch-Up In Online Travel Growth Areas, Analyst Says In Downgrade
Friday, June 22, 2018 - 4:29pm | 332Booking Holdings Inc. (NASDAQ: BKNG) was hit with a downgrade Friday, as one sell-side analyst said the company is playing from behind in some of the online travel space's key growth areas. The Analyst Benchmark analyst Daniel Kurnos downgraded Booking Holdings from Buy to Hold...
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Why Are Angie's Shares Trading Sharply Above The $8.50/Share Bid Price From IAC?
Wednesday, May 3, 2017 - 3:20pm | 354This week, IAC/InterActiveCorp (NASDAQ: IAC) agreed to a $500 million buyout of Angie’s List Inc (NASDAQ: ANGI) worth at least $8.50 per common share. However, Angie’s list shares are up another 8 percent on Wednesday to $10.27, well above the value of the potential buyout price. For...
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Amazon's Q1 Results May Be Indicating A Return To Momentum
Friday, April 28, 2017 - 10:17am | 426Reviewing Amazon.com, Inc. (NASDAQ: AMZN)'s first-quarter results, Benchmark said the strong results may be indicating a return to momentum. Q1 Print Analyst Daniel Kurnos noted that the company reported better-than-expected first-quarter operating income and revenues. The analyst said he...
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EBay's Soft Q2 Guidance Expected, Momentum Remains Clear
Thursday, April 20, 2017 - 9:54am | 566Reviewing eBay Inc (NASDAQ: EBAY)'s first-quarter results, Benchmark said the below-par second-quarter guidance, both on top and bottom line, was expected, with the company confirming the results would be back-end loaded in 2017. Although conceding that the timing shift introduces some incremental...
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Amazon Grabs 'Thursday Night Football' Streaming Rights, Another Blow For Twitter
Wednesday, April 5, 2017 - 10:19am | 583Amazon.com, Inc. (NASDAQ: AMZN) is the latest non-conventional video streaming company to take a crack at NFL "Thursday Night Football." On Tuesday, Amazon secured the rights to stream 10 "Thursday Night Football" games this season. Last year, Twitter Inc (NYSE: TWTR) dipped its...
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Flower Plays On Valentine's Day
Monday, February 13, 2017 - 3:41pm | 298Valentine's Day is naturally associated with flowers, so 1-800-Flowers.Com Inc (NASDAQ: FLWS) is the best pure-play stock on Valentine's Day, right? Not necessarily, at least according to Benchmark's Daniel Kurnos. Benzinga chatted with the analyst ahead of Tuesday's holiday and...
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Here's How Wall Street Investors, Analysts Felt About Amazon's Q4 Earnings
Sunday, February 5, 2017 - 6:52pm | 777Online retail giant Amazon.com, Inc. (NASDAQ: AMZN) reported Thursday after the close fourth-quarter earnings of $1.54 per share, ahead of the $1.35 per share consensus estimate. This was up from $1 in the year-ago period. Revenues during the quarter that encompasses the holiday selling season...