Streetbeat News

Earnings

CHPT

ChargePoint Hldgs (NYSE:CHPT) is set to release its latest quarterly earnings report on June 1, 2023. Analysts estimate an EPS of $-0.17. The company's past performance has resulted in mixed price changes, and shares are currently down 32.38% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 3:02 pm

AI

C3.ai sees a surge in call options with a strike price of $50 expiring on Friday, with 751 contracts traded at $2.25, compared to an open interest of 12,703. Earnings will be announced on 5/31 after market close.

Portfolio Pulse from Charles Gross

May 31, 2023 | 2:55 pm

SPWH

Sportsman's Warehouse (NASDAQ:SPWH) reported Q1 sales of $267.53 million and a loss of $15.64 million, with a negative ROCE of -0.06%. The company's Q1 earnings per share of $-0.39 did not meet analyst predictions of $-0.29.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 2:47 pm

SKY

Skyline Champion (NYSE:SKY) reported Q4 earnings of $57.75 million, a 30.27% increase from Q3, while sales dropped 15.59% to $491.53 million. The company posted an ROIC of 8.62%, indicating effective capital allocation and potential for favorable long-term returns.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 2:46 pm

HPQ

HP (NYSE:HPQ) reported Q2 earnings of $1.07 billion, a 118.89% increase from Q1, while sales decreased by 6.62% to $12.91 billion. The company posted a negative ROCE of -0.43%, suggesting inefficient capital allocation.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 2:45 pm

INTC

An Intel executive at the TD Cowen Technology, Media and Telecom conference stated that he expects Q2 revenue to be in the upper half, likely tracking between $12B-$12.5B, compared to the $12.03B estimate.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 2:44 pm

AAL

American Airlines has raised its Q2 profit guidance due to stronger demand, now expecting adjusted EPS of $1.45-$1.65, up from the prior view of $1.20-$1.40. The company also anticipates an adjusted operating margin of 12.5%-14.5% and a TRASM of -1% to -3%.

Portfolio Pulse from Akanksha Bakshi

May 31, 2023 | 2:34 pm

AMZN

DISH

T

AT&T shares are trading 0.45% higher at $15.71, recovering from last week's volatility due to reports of DISH Network potentially selling wireless plans through Amazon. AT&T's stock has declined 10.31% in the past month after Q1 earnings showed cash flow below expectations.

Portfolio Pulse from Henry Khederian

May 31, 2023 | 2:31 pm

STHZF

StateHouse Holdings Inc. reported Q1 2023 net revenue of $24.7 million, a 42.8% YoY increase. The company reduced operating expenses by $12 million annualized and expects to generate positive adjusted EBITDA and cash flow before the end of 2023.

Portfolio Pulse from Vuk Zdinjak

May 31, 2023 | 2:30 pm

AAP

BLTE

CXAI

LL

LPTV

SDA

SPWH

TRMR

US stocks traded lower with the Dow Jones dropping over 200 points, NASDAQ falling 0.45%, and S&P 500 dropping 0.65%. Chicago PMI declined to 40.4 points in May. Loop Media and Tremor International gained, while financial shares fell 1.5%. SunCar Technology, CXApp, and LL Flooring shares rose, while Belite Bio, Advance Auto Parts, and Sportsman's Warehouse shares dropped.

Portfolio Pulse from Lisa Levin

May 31, 2023 | 2:28 pm