Streetbeat News

Earnings

CAH

CSCO

EAT

OUST

SERV

Key stocks to watch include Brinker International, Serve Robotics, Cisco Systems, Ouster, and Cardinal Health. Brinker and Cardinal Health are set to report earnings before the bell, while Cisco will report after the market closes. Serve Robotics reported strong Q2 sales, while Ouster reported weak Q2 sales and guidance.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 6:05 am

EVO

Evotec reported a Q2 EPS of €(0.54), a significant decline from €(0.08) year-over-year, despite a revenue increase to €182.123M from €170.279M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:03 am

CAH

Cardinal Health (NYSE:CAH) is set to release its Q4 earnings on Aug. 14, 2024, with analysts expecting an EPS of $1.73 and revenue of $58.64 billion. The company recently increased its quarterly dividend and has received mixed ratings from top analysts.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 5:54 am

FLNG

Flex LNG (NYSE:FLNG) reported Q2 2024 adjusted EPS of $0.56, beating the estimate of $0.50, but sales of $84.7M missed the $86M estimate. EPS increased by 7.69% YoY, while sales decreased by 2.34% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 5:40 am

CMG

SBUX

Starbucks has appointed Brian Niccol, former CEO of Chipotle, as its new CEO, replacing Laxman Narasimhan. Jim Cramer believes Niccol will be instrumental in turning around Starbucks, which has faced challenges in the U.S. and China. Starbucks' stock surged 24.5% following the announcement, while Chipotle's stock dropped by 10%. Analysts have mixed opinions on Niccol's appointment.

Portfolio Pulse from Benzinga Neuro

August 14, 2024 | 5:08 am

CMG

GOOG

SBUX

TSLA

Major U.S. indices closed positively, with notable movements in Starbucks, Chipotle, Alphabet, Nu Holdings, and Tesla stocks. Starbucks surged after appointing Brian Niccol as CEO, while Chipotle declined. Alphabet fell due to DOJ breakup concerns. Nu Holdings rose on strong Q2 results, and Tesla increased with Model Y's success in China.

Portfolio Pulse from Benzinga Neuro

August 14, 2024 | 3:53 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin surged following lower-than-expected inflation data, while Ethereum and Dogecoin remained muted. The Dow Jones, S&P 500, and Nasdaq Composite also saw gains. Analysts are optimistic about Bitcoin's potential to reach $68,000 if favorable CPI data is released.

Portfolio Pulse from Aniket Verma

August 14, 2024 | 1:58 am

FNV

Franco-Nevada (NYSE:FNV) reported Q2 2024 earnings of $0.75 per share, missing the analyst estimate of $0.82. Sales were $260.10 million, also below the $265.51 million estimate. Both earnings and sales showed significant declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:16 pm

QFIN

Qifu Technology plans to maintain a prudent business approach while raising its semi-annual dividend. The company expects significant year-on-year growth in net income for Q3 2024 and has approved a dividend of $0.30 per Class A ordinary share or $0.60 per ADS for the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:10 pm

QFIN

Qifu Technology (NASDAQ:QFIN) reported Q2 2024 adjusted earnings per ADS of $1.26, missing the analyst consensus estimate of $7.17 by 82.43%. The company also reported quarterly sales of $572.40 million, missing the analyst consensus estimate of $4.25 billion by 86.52%. Despite the misses, sales increased by 6.04% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:03 pm