Streetbeat News

Earnings

DKS

Dick's Sporting Goods reported strong Q2 results, beating earnings and sales expectations. The company raised its full-year EPS guidance and declared a quarterly dividend. Despite a recent cyberattack, business operations remain unaffected. However, shares are trading slightly lower premarket.

Portfolio Pulse from Nabaparna Bhattacharya

September 04, 2024 | 12:54 pm

AAP

DBI

RRGB

The article highlights three oversold consumer discretionary stocks with potential for short-term gains: Red Robin Gourmet Burgers (RRGB), Advance Auto Parts (AAP), and Designer Brands (DBI). These stocks have recently reported disappointing earnings and have seen significant price declines, making them potentially undervalued opportunities.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 12:47 pm

PRCT

TGT

ZTS

Jim Cramer discusses several stocks on CNBC's 'Mad Money Lightning Round.' He praises Target's strong quarterly results and 3% yield, highlights Zoetis' better-than-expected earnings and raised guidance, and comments on PROCEPT BioRobotics and Consolidated Edison. Target and Zoetis had positive earnings reports, while PROCEPT BioRobotics and Consolidated Edison also showed notable performance.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 12:44 pm

BYRN

Byrna Technologies announced preliminary Q3 2024 results, reporting revenues of $20.8 million, significantly surpassing the estimated $16.06 million. This marks a 194% increase from Q3 2023, driven by strong Direct-to-Consumer and Dealer sales, and successful marketing strategies.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:40 pm

FIXT

MYLD

REVG

REV Group, Inc. (NYSE:REVG) reported mixed Q3 results with net sales missing expectations and a significant decline in the Recreational Vehicles segment. Despite a rise in adjusted EPS, the company lowered its FY24 outlook. REVG shares fell 10.7% premarket.

Portfolio Pulse from Lekha Gupta

September 04, 2024 | 12:35 pm

AJG

INVH

SLB

On CNBC's 'Halftime Report Final Trades,' analysts discussed Schlumberger, Arthur J. Gallagher, and Invitation Homes. Schlumberger reported strong Q2 results but saw a share price drop. Arthur J. Gallagher hit a 52-week high despite missing EPS estimates. Invitation Homes met EPS expectations but missed sales estimates.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 12:34 pm

HPE

Hewlett Packard Enterprise (HPE) is set to release its Q3 earnings report, with expected earnings of 47 cents per share and revenue of $7.66 billion. The company recently agreed to acquire Morpheus Data. HPE offers a dividend yield of 2.74%, translating to a quarterly dividend of 13 cents per share. To earn $500 monthly from dividends, an investor would need approximately 11,538 shares, worth around $219,914. HPE shares recently fell 1.6% to $19.06.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 12:29 pm

GTLB

WISA

GitLab shares rose 17% after strong Q2 results and positive FY25 guidance, with Baird raising its price target. Zscaler shares fell 17% post-Q4 earnings, with lowered price targets from Needham and Baird. WiSA Technologies shares surged 75% after acquiring Datavault's assets for $210 million.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:24 pm

BMBL

MTCH

The online dating industry experienced mixed Q2 results. Match Group's Tinder showed stability, while Bumble struggled, leading to a reduced revenue outlook. Hinge and Grindr outperformed with significant growth. JPMorgan analysts predict cautious optimism for future growth, emphasizing the need for innovation.

Portfolio Pulse from Surbhi Jain

September 04, 2024 | 12:18 pm

SDIG

Stronghold Digital Mining, Inc. reported mining 63 Bitcoin in August 2024, with an additional $200K in energy revenue, equating to 67 Bitcoin equivalents. This marks a 2% increase from July, though overall revenue decreased by 2% to $4 million.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:08 pm