Streetbeat News

Earnings

NEWT

NewtekOne, Inc. (NASDAQ:NEWT) has reconfirmed its 2024 EPS forecast in the range of $1.85 to $2.05, despite market volatility. The company remains confident in its growth trajectory and plans to release 2025 projections in November.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:37 pm

TTC

Toro's shares declined following the release of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:37 pm

TTC

Toro (NYSE:TTC) reported Q3 2024 earnings of $1.18 per share, missing the $1.22 estimate. Sales were $1.156 billion, below the $1.259 billion estimate. Despite missing estimates, earnings and sales increased from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:35 pm

SWBI

Smith & Wesson Brands, Inc. (NASDAQ:SWBI) is set to release its Q1 earnings report, with analysts expecting a loss of 2 cents per share compared to a profit of 7 cents per share a year ago. The company projects quarterly revenue of $102.53 million. Despite a recent earnings beat, the stock has seen a decline, closing at $14.25. The company offers a 3.65% annual dividend yield, translating to 13 cents per share quarterly.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 12:31 pm

AI

CHPT

CPRT

CRDO

HPE

VRNT

Verint Systems Inc. reported disappointing Q2 results, missing both earnings and sales estimates, and announced a $200 million stock buyback program. This led to a 15% drop in its stock price in pre-market trading. Other companies like C3.ai, Credo Technology, and ChargePoint also saw significant declines due to various earnings-related announcements.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 12:28 pm

AI

EAST

YEXT

C3 AI shares dropped 20% after reporting Q1 results. Eastside Distilling surged 292% due to a merger with Beeline Financial Holdings. Yext shares rose 16% following strong Q2 results, FY25 revenue guidance, and an upgrade from Needham with an $8 price target.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:22 pm

SHLS

Shoals Technologies Group is hosting its first Investor Day, introducing long-term financial targets and strategies for profitable growth. The event will cover revenue diversification, innovative products, and capital allocation priorities.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:21 pm

COEP

Coeptis Therapeutics has completed its Phase 1 trial for COVID-19-related infections and is advancing its cell therapy platforms. The company raised $5.6 million in capital and is appealing a Nasdaq delisting decision. Strategic partnerships and new developments in cell therapy are key growth drivers.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:19 pm

YEXT

Yext shares rose following a strong Q2 earnings report and positive FY25 revenue guidance. Needham upgraded the stock to Buy with an $8 price target.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:16 pm

VRNT

Verint Systems shares declined following the release of disappointing Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:15 pm