Streetbeat News

Earnings

SITC

SITE Centers (NYSE:SITC) is set to release its quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $0.03. The company's past performance shows a mix of positive and negative price changes post-earnings release. The stock was trading at $14.38 as of July 21, with a 52-week return of 5.98%.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 5:01 pm

ABG

Asbury Automotive Gr (NYSE:ABG) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $8.16. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $232.37 and has seen a 43.49% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 5:01 pm

DPZ

Domino's Pizza Inc (DPZ) reported 2Q23 U.S. same-store sales growth of +0.1%, lower than Street estimates of +0.4%. Total revenues were $1.02 billion, lower than Street estimates of $1.07 billion. However, adjusted EPS of $3.08 and company-owned operating margins of 18.6% beat Street estimates. Stephens & Co analyst Joshua Long reiterated an Equal-Weight rating on DPZ shares with a price target of $365. DPZ shares are trading higher by 1.56% at $391.43.

Portfolio Pulse from Shivani Kumaresan

July 24, 2023 | 4:58 pm

AMC

APLD

APPH

KOD

TUP

XXII

US stocks traded higher with the S&P 500 gaining around 0.5%. Energy shares climbed by 2% while health care shares fell by 0.2%. Tupperware Brands Corporation (TUP), AMC Entertainment Holdings (AMC), and Applied Digital Corporation (APLD) saw significant gains. AppHarvest (APPH), Kodiak Sciences Inc. (KOD), and 22nd Century Group (XXII) experienced significant losses. The S&P Global composite PMI fell to 52.0 in July from 53.2 the prior month.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 4:43 pm

ADDYY

Adidas reported Q2 sales of $5.82 billion, beating the analyst consensus estimate of $5.54 billion by 5.12 percent. However, this represents a 2.36 percent decrease compared to the same period last year.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 4:38 pm

BMRC

Bank Of Marin Bancorp (NASDAQ:BMRC) reported Q2 revenues of $26.87 million, beating the consensus of $26.30 million, but missed EPS estimates with $0.28 against the expected $0.43. The company also recorded a $500 thousand provision for credit losses on loans for Q2, up from $350 thousand in Q1. The Board of Directors declared a cash dividend of $0.25 per share and approved a new share repurchase program for up to $25 million.

Portfolio Pulse from Nabaparna Bhattacharya

July 24, 2023 | 4:08 pm

JNJ

UNH

Johnson & Johnson (JNJ) reported strong Q2 results, beating earnings estimates and raising its full-year guidance, despite ongoing legal issues related to its talc-based baby powder. Revenue was $25.53 billion, up 6.3% YoY, and net income rose to $5.14 billion. The medtech unit was a standout, with revenue expanding 12.9% YoY to $7.79 billion, thanks to increased demand for nonurgent surgeries and the acquisition of Abiomed. Pharmaceutical sales also grew 3% YoY to $13.73 billion. JNJ is guiding for 2023 sales between $98.80 billion and $99.80 billion.

Portfolio Pulse from Upwallstreet

July 24, 2023 | 4:04 pm

ALK

Alaska Air Gr (NYSE:ALK) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $2.70. The company's past performance shows a mixed trend of beating and missing EPS estimates. The company's shares were trading at $54.15 as of July 21, with a 26.23% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:03 pm

ASH

Ashland (NYSE:ASH) is set to release its quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an EPS of $1.35. Last quarter, the company missed EPS by $0.07, resulting in a 9.74% drop in share price. Shares of Ashland were trading at $90.7 as of July 21, with a 52-week return of -13.63%.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:03 pm

CB

Chubb (NYSE:CB) is set to release its quarterly earnings report on July 25, 2023. Analysts estimate an earnings per share (EPS) of $4.41. The company's past performance shows a pattern of share price changes following earnings announcements. Chubb's shares were trading at $199.81 as of July 21, with a 7.13% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:03 pm