Streetbeat News

Earnings

APLD

Applied Digital Corporation (NASDAQ:APLD) reported Q4 and full year 2023 financial results, missing revenue estimates but beating EPS estimates. The company reported Q4 revenue of $22 million, missing the analyst consensus estimate of $29.57 million by 25.60 percent, but marking a 192.44% increase over the same period last year. The company also reported a Q4 adjusted loss per share of less than $0.01, beating the analyst consensus estimate of $(0.04) by 75%. Shares of APLD are trading higher on above-average volume.

Portfolio Pulse from Erica Kollmann

July 24, 2023 | 2:12 pm

CHPT

TSLA

ChargePoint Holdings Inc. (CHPT) shares dropped by 1.44% following a decline in several EV and EV-related stocks last week due to Tesla Inc's (TSLA) Q2 earnings results. Tesla's lower than expected gross margins have led to investor caution about the growth prospects of other EV companies, including ChargePoint. This may result in a decrease in ChargePoint's stock price.

Portfolio Pulse from Henry Khederian

July 24, 2023 | 2:10 pm

ADDYY

ALNY

BDX

CME

CVX

DPZ

GSK

IAC

ICAGY

PFE

PHG

SPOT

T

TSLA

VZ

AT&T and Verizon face investor skepticism over lead-cable issue and debt load. Adidas receives orders worth $565M for unsold Yeezy inventory. IAC and publishers form coalition to address AI platform concerns. Tesla plans to meet India's commerce minister to discuss factory plans. Spotify raises prices for its premium plans in the U.S. CME Group plans to terminate 3% of workforce. Domino's Pizza reports a sales decline in Q2. Chevron releases Q2 results and announces management changes. Philips reports Q2 sales growth. Alnylam enters agreement with Roche for hypertension therapy. FDA approves BD's Alaris Infusion System. ViiV Healthcare's cabotegravir secures European backing for approval. IAG invests in Nova Pangaea Technologies.

Portfolio Pulse from Vandana Singh

July 24, 2023 | 2:07 pm

AAPL

AMD

GOOGL

MARA

META

MSFT

SPY

TSLA

The upcoming week is expected to be eventful with Fed Chair Jerome Powell and FOMC set for Wednesday, GDP numbers pre-market on Thursday and PCE data on Friday. Companies such as Microsoft, Google, and Meta are also set to report earnings. The author anticipates a possible pullback in the market due to these events, with specific predictions for stocks like Apple, Tesla, Google, AMD, and MARA.

Portfolio Pulse from Mando Trading

July 24, 2023 | 2:03 pm

FQVLF

First Quantum Minerals (OTC:FQVLF) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $0.20. The company's past performance shows a trend of share price increase following the earnings release, even when the EPS missed the estimate. The stock is currently trading at $26.35 and has seen a 77.44% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:03 pm

BDN

Brandywine Realty Tr (NYSE:BDN) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $-0.06. The company's past performance shows a mix of positive and negative price changes post-earnings release. The stock is currently trading at $4.63, down 48.15% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:03 pm

ACI

Albertsons Companies (NYSE:ACI) is set to release its quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $0.85. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $22.01, down 16.93% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:02 pm

LW

Lamb Weston Hldgs (NYSE:LW) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $1.05. The company's past performance shows it beat EPS estimates last quarter by $0.44, followed by a 0.0% drop in share price. LW's shares were trading at $112.96 as of July 21, with a 48.08% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:02 pm

MSCI

MSCI (NYSE:MSCI) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $3.11. Last quarter, the company beat EPS by $0.15, which was followed by a 2.74% drop in the share price. Shares of MSCI were trading at $511.42 as of July 21, with a 14.98% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:02 pm

KB

KB Financial Group (NYSE:KB) is set to release its quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $2.52. The company's past performance shows a mixed impact on the stock price post-earnings release. The stock was trading at $37.86 as of July 21, with a 52-week return of 3.6%.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:02 pm