Streetbeat News

Earnings

HL

Hecla Mining Company plans to restart its Casa Berardi mine on June 15th following the partial lifting of Quebec's ban on access to the mine's road. The company expects to resume normal production rates soon and will update the impact of the suspension and restart on production and cost guidance in the Q2 earnings release.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 10:34 am

AMD

MSFT

NVDA

UNH

The S&P 500 closed slightly higher after the Federal Reserve kept interest rates unchanged, with a 63% chance of a rate hike in July. UnitedHealth Group shares dropped over 6% due to increased non-urgent surgeries, while AMD shares gained over 2% on reports of Amazon's cloud unit considering their AI chips. The Nasdaq 100 rose 0.70% with gains in NVIDIA and Microsoft shares.

Portfolio Pulse from Lisa Levin

June 15, 2023 | 10:00 am

JG

Aurora Mobile (NASDAQ:JG) reported Q1 adjusted losses of $(0.01) per ADS, a 66.67% improvement from $(0.03) YoY. However, sales decreased by 29.21% to $9.53 million from $13.46 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:51 am

ADBE

JBL

KR

LEN

RFIL

Kroger, Adobe, Lennar Corp, Jabil Inc., and RF Industries are stocks to watch on Thursday. Kroger and Adobe are expected to report earnings, while Lennar Corp reported better-than-expected Q2 results and raised its full-year outlook. Jabil Inc. and RF Industries also posted upbeat results.

Portfolio Pulse from Lisa Levin

June 15, 2023 | 8:24 am

JG

Aurora Mobile (NASDAQ:JG) reported Q1 losses of $(0.03) per share, unchanged YoY, with sales of $9.53 million, down 29.21% from $13.46 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 7:42 am

ENZ

Enzo Biochem reported Q3 losses of $(0.31) per share, a 210% decrease YoY, and sales of $16.11 million, a 38.57% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 7:40 am

YI

111 Inc. (NASDAQ:YI) reported Q1 adjusted losses of $(0.02) per share, an 85.71% improvement from $(0.14) YoY. Sales increased 14.41% to $538.29 million from $470.49 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 7:32 am

ADBE

JBL

KR

LEN

The CNN Money Fear and Greed index showed improved sentiment among U.S. investors after the Federal Reserve paused its rate-hiking campaign. Lennar Corporation reported better-than-expected earnings results for Q2. Investors await earnings results from The Kroger Co., Jabil Inc., and Adobe Inc.

Portfolio Pulse from Lisa Levin

June 15, 2023 | 6:46 am

HEXO

HEXO reported Q3 losses of $(0.70) per share, an 85.29% increase from last year, and sales of $15.86 million, missing the analyst consensus estimate of $18.92 million by 16.17%. Sales decreased by 65.19% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 9:25 pm

KAVL

Kaival Brands Innovations (NASDAQ:KAVL) reported Q2 earnings with an EPS of $-0.07, missing estimates by 600.0%. Revenue was down $60 thousand from the same period last year.

Portfolio Pulse from Benzinga Insights

June 14, 2023 | 9:20 pm