Streetbeat News

Earnings

CRMD

CorMedix shares are trading higher following the company's Q2 financial results announcement.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:23 pm

CTNM

Contineum Therapeutics shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:20 pm

KE

Kimball Electronics shares are trading lower after the company reported worse-than-expected Q4 financial results and issued FY24 net sales guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:19 pm

BABA

JD

Alibaba (NYSE:BABA) and JD.com (NASDAQ:JD) are set to report earnings, with Alibaba showing a bullish trend and JD.com facing mixed signals. Analysts are generally bullish on both stocks, but Alibaba has a stronger technical position and higher potential upside.

Portfolio Pulse from Surbhi Jain

August 14, 2024 | 3:18 pm

RSKD

Riskified shares are trading lower after the company reported Q2 financial results and cut its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:18 pm

IBTA

Ibotta shares are trading lower after the company reported a year-over-year decrease in Q2 adjusted EPS results and issued Q3 revenue guidance below estimates. Multiple firms also lowered their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:18 pm

SXTP

60 Degrees (NASDAQ:SXTP) reported Q2 EPS of $(4.23), a significant improvement from $(16.84) YoY. Sales increased by 109.92% to $124.97K from $59.53K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:15 pm

EWCZ

European Wax Center shares are trading lower after the company reported worse-than-expected Q2 sales results and lowered its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:11 pm

HUT

Hut 8 Corp. (NASDAQ:HUT) shares are trading higher after the company reported its second-quarter financial results. Despite missing revenue and earnings estimates, the company saw improvements in gross margins and energy costs. Analysts have upgraded the stock and raised price targets, indicating potential upside.

Portfolio Pulse from Erica Kollmann

August 14, 2024 | 3:07 pm

EWCZ

European Wax Center has lowered its FY24 revenue guidance from $225M-$232M to $216M-$221M, below the $230.74M estimate. The company also revised its outlook for new center openings, system-wide sales, same-store sales, adjusted net income, and adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:07 pm