Streetbeat News

Earnings

BLK

ERIC

JPM

META

MSFT

NOK

NVO

UNH

WFC

Hollywood studios propose using AI replicas of actors. Meta Platforms' Threads app sees a decline in engagement. Citigroup, UnitedHealth, Wells Fargo, JPMorgan Chase, and BlackRock deliver strong Q2 earnings. Nokia and Ericsson shares drop after Q2 earnings. Roivant Sciences in talks with Roche for a potential $7B drug deal. WHO labels aspartame as a possible carcinogen. Microsoft and Activision Blizzard consider UK rights divestiture to appease regulators. Nissan plans to invest in Renault's EV unit. Novo Nordisk's weight-loss drug to be launched in Germany.

Portfolio Pulse from Vandana Singh

July 14, 2023 | 2:09 pm

HBCP

Home Bancorp (NASDAQ:HBCP) is set to release its latest quarterly earnings report on Monday, 2023-07-17. Analysts estimate an earnings per share (EPS) of $1.16. The company's past performance shows it beat EPS estimates last quarter, which led to a 3.16% increase in share price. However, the stock has been down 2.44% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:01 pm

GNTY

Guaranty Bancshares (NASDAQ:GNTY) is set to release its quarterly earnings report on Monday, 2023-07-17. Analysts estimate an EPS of $0.56. The company's past performance shows a trend of share price drops following earnings reports. The stock is currently trading at $27.0, down 25.35% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:01 pm

CFB

CrossFirst Bankshares (NASDAQ:CFB) is set to release its latest quarterly earnings report on July 17, 2023. 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 stock is currently trading at $10.86, down 17.96% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:00 pm

FBK

FB Financial (NYSE:FBK) is set to release its quarterly earnings report on Monday, 2023-07-17, with analysts estimating an earnings per share (EPS) of $0.65. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. Over the last 52-week period, FB Financial's shares are down 25.86%.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:00 pm

STT

State Street Corporation (NYSE:STT) reported Q2 revenues of $3.11 billion, up 5% Y/Y, missing the consensus estimate of $3.14 billion. EPS of $2.17 beat the consensus estimate of $2.10. Net interest income rose 18% Y/Y to $691 million. The company also announced plans to increase its common stock dividend by 10% and continue its common share repurchase authorization of up to $4.5 billion during 2023. STT shares are trading lower by 3.90% at $74.44.

Portfolio Pulse from Nabaparna Bhattacharya

July 14, 2023 | 1:52 pm

AEHR

Aehr Test Systems reported better-than-expected Q4 results and issued strong guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 1:47 pm

CNC

ELV

UNH

Health insurers' stocks are trading higher following strong quarterly results from UnitedHealth.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 1:46 pm

NMRD

Nemaura Medical has reported its financial results for the fiscal year ending March 31, 2023. Research and development expenses remained consistent with the prior year at $1.5 million. General and administrative expenses increased to $6,590,227, up from $6,173,049 in 2022, due to increased wages and headcount. The company's cash and cash equivalents stood at approximately $10.1 million.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 1:26 pm

ARBB

ERIC

FEIM

SAI

In Friday's pre-market session, several information technology stocks showed significant movement. ARB IOT Group, SAI.TECH Global, Frequency Electronics, Verb Tech, Nano Labs, and Aurora Mobile saw gains, while Telefonaktiebolaget L M, D-Wave Quantum, Nokia, NETSOL Technologies, AEye, and Mobilicom experienced losses. Frequency Electronics and Telefonaktiebolaget L M released their Q4 and Q2 earnings respectively.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 1:12 pm