Streetbeat News

Earnings

AAPL

COIN

DIS

GME

HOTH

Top 5 stocks to watch on June 6, 2023 include Apple, Disney, Coinbase, GameStop, and Hoth Therapeutics. Apple's WWDC presentation received mixed analyst reactions, Disney is undervalued according to Morgan Stanley, Coinbase faces an SEC lawsuit, GameStop prepares to report quarterly results, and Hoth Therapeutics' Alzheimer's treatment shows promising pre-clinical results.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:08 pm

FWRD

Forward Air Corporation (FWRD) expects softer demand to continue as a headwind throughout the remainder of Q2.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:06 pm

CIEN

GTLB

TIO

ZFOX

12 IT stocks experienced significant price movements during Tuesday's pre-market session, with GitLab and ZeroFox Holdings among the gainers after releasing Q1 earnings, while Tingo Group and Ciena were among the losers.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 1:06 pm

THO

Thor Industries reported a 37.1% YoY decline in Q3 FY23 net sales to $2.93 billion, beating the consensus of $2.83 billion. EPS of $2.24 also beat the analyst consensus of $1.07. The company's FY23 outlook includes consolidated net sales of $10.5 billion-$11 billion and EPS of $5.80-$6.50.

Portfolio Pulse from Nabaparna Bhattacharya

June 06, 2023 | 12:54 pm

QMCO

Quantum (NASDAQ:QMCO) reported Q4 earnings with in-line EPS of $-0.04 and revenue up $10.14 million YoY. Last quarter, the company beat EPS estimates by $0.02, followed by a 7.22% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 12:40 pm

QMCO

Quantum Corp. reports 1Q adjusted EPS of $(0.00) to plus or minus $0.02, below the $0.00 estimate, and revenues of $97M, plus or minus $3M, lower than the $102.17M estimate. For FY24, the company forecasts revenues of $415M, plus or minus $10M, and non-GAAP adjusted EPS of $0.01, plus or minus $0.10.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:27 pm

QMCO

Quantum reported Q4 adjusted losses of $(0.04) per share, in line with analyst estimates, and sales of $105.34M, beating the $102.04M estimate by 3.24%. This represents a 10.65% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:21 pm

CCJ

Cameco Corporation (NYSE:CCJ), a major uranium producer, saw its shares gain on Monday. Options traders expect the stock to rise at least 9% by September expiration, following a 73% Y/Y increase in first-quarter revenues and an 84% Y/Y increase in uranium revenues.

Portfolio Pulse from Lisa Levin

June 06, 2023 | 12:21 pm

ASO

Academy Sports (ASO) has lowered its FY23 sales guidance from $6.5B-$6.7B to $6.175B-$6.365B, below the consensus of $6.59B. The company also reduced its adjusted EPS guidance from $7.00-$7.75 to $6.80-$7.50, compared to the consensus of $7.49.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:13 pm

OCCI

OFS Credit Co reported Q2 Core Net Investment Income (NII) of $0.59.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:11 pm