Market-Moving News for August 18th
Portfolio Pulse from ryanfaloona@benzinga.com
Hawaiian Electric (HE) shares surged after stating in a filing that it has no plans to restructure the company. XPeng (XPEV) reported Q2 EPS of $(0.43), missing the $(0.31) estimate, but sales of $698.18M beat the $694.28M estimate. Keysight Techs (KEYS) Q3 EPS of $2.19 beat the $2.04 estimate, and sales of $1.38B met the $1.38B estimate.
August 18, 2023 | 12:40 pm
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NEGATIVE IMPACT
XPeng reported Q2 EPS of $(0.43), missing the $(0.31) estimate, but sales of $698.18M beat the $694.28M estimate.
XPeng's Q2 EPS missed estimates, which is likely to negatively impact its share price. However, its sales beat estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Hawaiian Electric shares surged after stating it has no plans to restructure the company.
The company's announcement that it has no plans to restructure has been positively received by the market, leading to a surge in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Keysight Techs Q3 EPS of $2.19 beat the $2.04 estimate, and sales of $1.38B met the $1.38B estimate.
Keysight Techs' Q3 EPS and sales beat estimates, which is likely to positively impact its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100