Streetbeat News

Earnings

PII

Polaris (NYSE:PII) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $2.21. Last quarter, the company beat EPS by $0.33, which was followed by a 0.94% drop in the share price. Shares of Polaris were trading at $134.38 as of July 21, with a 52-week increase of 21.76%.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:01 pm

PJT

PJT Partners (NYSE:PJT) is set to release its quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $0.61. Last quarter, the company missed EPS by $0.11, resulting in a 3.85% drop in the share price. Shares of PJT Partners were trading at $77.75 as of July 21, with a 10.25% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:01 pm

KNSA

Kiniksa Pharmaceuticals (NASDAQ:KNSA) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $-0.17. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $15.59 and has seen a 36.88% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:01 pm

SPOT

Spotify Technology (NYSE:SPOT) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $-0.70. The company's past performance shows a pattern of share price changes following earnings reports. Shares of Spotify Technology were trading at $171.71 as of July 21, with a 56.41% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 8:01 pm

WAL

Western Alliance Bancorporation (NYSE:WAL) shares are trading higher by 3.06% to $49.82, despite the company reporting worse-than-expected Q2 results and a drop in net interest margin last week. The bank's stock has been buoyed by strong earnings from other companies in the sector. WAL has received several analyst rating updates following its earnings report.

Portfolio Pulse from Henry Khederian

July 24, 2023 | 7:58 pm

PLTR

Palantir Technologies Inc. (NYSE:PLTR) shares hit new 52-week highs last week before pulling back. The stock is still up more than 100% over the last three months, driven by the company's AI exposure and strong demand for its new AI platform. The company also announced a partnership with SpectorOps to provide the government sector with SpectorOps' BloodHound Enterprise solution. Palantir is set to report second-quarter earnings on Aug. 7, with expected earnings of five cents per share and revenue of $530.63 million.

Portfolio Pulse from Ryan Gustafson

July 24, 2023 | 7:33 pm

WRLD

BMO Capital Markets analyst James Fotheringham has reiterated an Underperform rating on World Acceptance Corporation (NASDAQ:WRLD), raising the price target to $59 from $47. WRLD reported Q1 revenues of $139.32 million, beating the consensus of $135.81 million. The analyst notes improving credit, rising yields, and fast growth in new loan originations, but predicts these trends will not sustain. Fotheringham raised WRLD core EPS estimates by +15% in FY2024E and +20% in FY2025E due to higher revenues and lower expected credit provisions.

Portfolio Pulse from Nabaparna Bhattacharya

July 24, 2023 | 7:20 pm

BWMX

Telsey Advisory Group analyst has reiterated a Moderate Risk rating on Betterware De Mexico S.A.P.I. DE C.V. (NASDAQ:BWMX) with a price target of $16. The analyst expects Q2 sales growth of 1.3% Y/Y to MX$3.29 billion, driven by growth at Jafra of 14.4%, offset by a 12% decline at Betterware. The analyst also anticipates EBITDA improvement at Betterware and potential return to growth in 2H23. Updates on Betterware's US expansion, Jafra rebranding in Mexico, and progress on reducing Jafra USA EBITDA losses are also expected.

Portfolio Pulse from Shivani Kumaresan

July 24, 2023 | 7:08 pm

LCID

Lucid Group Inc (NASDAQ:LCID) shares are trading higher by 4.14% to $26.32 despite a lack of company-specific news. The rise is attributed to the overall trend in EV stocks, which are recovering after falling last week due to Tesla's Q2 earnings results. However, if Tesla's disappointing gross margins lead to more cautious investor sentiment, it could result in a reevaluation of Lucid's stock price.

Portfolio Pulse from Henry Khederian

July 24, 2023 | 7:04 pm

EQT

EQT Corporation is set to release its latest quarterly earnings report on July 25, 2023. Analysts estimate an earnings per share (EPS) of $-0.20. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. However, the stock has seen a 13.21% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 7:02 pm