Streetbeat News

Earnings

AXP

American Express (NYSE:AXP) is set to release its quarterly earnings report on Friday, 2023-07-21. Analysts estimate an earnings per share (EPS) of $2.81. The company's past performance shows a mixed trend of beating and missing EPS estimates. The stock price has seen a 14.19% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:02 pm

HBAN

Huntington Bancshares (NASDAQ:HBAN) is set to release its quarterly earnings report on Friday, 2023-07-21. Analysts estimate an earnings per share (EPS) of $0.34. The company's past performance shows a mixed impact on the share price post-earnings release. The shares were trading at $11.88 as of July 19, with a 52-week return of -9.68%.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:01 pm

ROP

Roper Techs (NYSE:ROP) is set to release its latest quarterly earnings report on July 21, 2023. Analysts estimate an earnings per share (EPS) of $3.99. The company's past performance shows a trend of beating EPS estimates, which has generally led to a positive impact on the share price. The stock is currently trading at $482.63, up 17.24% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:01 pm

AN

AutoNation (NYSE:AN) is set to release its quarterly earnings report on July 21, 2023. Analysts estimate an EPS of $5.85. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. AutoNation's shares were trading at $181.47 as of July 19, with a 53.76% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:01 pm

NHYDY

Norsk Hydro (OTC:NHYDY) is set to release its quarterly earnings report on Friday, 2023-07-21. Analysts estimate an earnings per share (EPS) of $0.14. The company's past performance shows a pattern of beating EPS estimates. The stock price, however, has shown mixed reactions to past earnings reports. Shares of Norsk Hydro were trading at $6.21 as of July 19, with a 52-week increase of 5.65%.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:00 pm

CMA

Comerica (NYSE:CMA) is set to release its quarterly earnings report on July 21, 2023. Analysts estimate an earnings per share (EPS) of $1.86. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price the following day. Comerica's shares are currently trading at $51.75, down 32.84% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:00 pm

FCX

Freeport-McMoRan Inc (NYSE:FCX) reported Q2 2023 revenue of $5.74 billion, beating the consensus of $5.54 billion. However, copper sales were down 5% Y/Y due to shipping delays in Indonesia. The company's total debt as of June 30 was $9.5 billion. FCX shares are trading lower by 4.26% at $39.60.

Portfolio Pulse from Lekha Gupta

July 20, 2023 | 1:58 pm

DRRX

NCPL

PRFX

SGMA

TSLA

TTOO

VIR

U.S. stocks traded mixed with the Dow Jones gaining and the NASDAQ falling. Tesla Inc reported better-than-expected earnings and sales results for its second quarter. T2 Biosystems, PainReform Ltd, and SigmaTron International shares shot up while Vir Biotechnology, Netcapital Inc, and DURECT Corporation shares dropped.

Portfolio Pulse from Lisa Levin

July 20, 2023 | 1:43 pm

NVDA

SSNLF

TSM

Nvidia Corp (NVDA) and other chipmaking stocks are trading lower due to Taiwan Semiconductor Manufacturing Company Ltd's (TSM) disappointing Q2 results. TSMC's revenue declined by 13.7% YoY to $15.68 billion, and it projected a 10% fall in sales in FY23. TSMC also postponed production at a planned facility in Arizona until 2025. Samsung Electronics Co, Ltd (SSNLF) is reportedly eyeing Nvidia orders as TSMC's packaging capacity remains tight. Meanwhile, Nvidia received an Outperform rating and a price target of $570 from Wolfe Research, and an Overweight rating and a price target of $600 from Barclays.

Portfolio Pulse from Anusuya Lahiri

July 20, 2023 | 1:42 pm

MAN

ManpowerGroup Inc (NYSE:MAN) reported a 4% YoY decline in Q2 FY23 sales to $4.856 billion, slightly beating analyst consensus. The company's gross profit decreased by 6.4% YoY to $862.3 million, and its adjusted EPS of $1.58 missed the analyst consensus of $1.62. The company's challenging operating environment in the U.S. and Europe contributed to revenue declines. The company's Q3 EPS outlook is $1.32-$1.42, lower than the analyst consensus of $1.55. MAN shares are trading lower by 7.78%.

Portfolio Pulse from Shivani Kumaresan

July 20, 2023 | 1:41 pm