Streetbeat News

Earnings

CHRD

NAT

VTS

Analysts have provided their ratings on three high-yield energy stocks: Nordic American Tankers, Vitesse Energy, and Chord Energy. Despite high dividend yields, these companies have faced recent challenges, including missed earnings and reduced price targets.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 12:03 pm

SY

So-Young International reported a slight revenue decline in Q2, with a 1.1% year-over-year decrease. Despite beating revenue estimates, the company faces challenges with declining mobile users and a disappointing Q3 outlook. The stock has dropped 31% over the past year.

Portfolio Pulse from Anusuya Lahiri

August 23, 2024 | 11:58 am

SQNS

Sequans Communications shares rose following a year-over-year increase in preliminary Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:53 am

BMA

Banco Marco shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:47 am

UI

Ubiquiti shares declined following the release of disappointing Q4 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:43 am

CAVA

CAVA Group shares surged following the release of strong Q2 financial results and an upward revision of its FY24 adjusted EBITDA guidance. Additionally, several firms increased their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:39 am

ROST

Ross Stores shares surged following strong Q2 results and an upward revision of FY24 EPS guidance. Analysts from B of A Securities and Baird also raised their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:38 am

WDAY

Workday shares rose following strong Q2 results and a new $1 billion share buyback program. Several firms also increased their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:31 am

GNS

MODG

RRGB

The article highlights three oversold consumer discretionary stocks with potential for short-term gains: Topgolf Callaway Brands Corp (MODG), Red Robin Gourmet Burgers Inc (RRGB), and Genius Group Ltd (GNS). These stocks have experienced significant price declines and have RSI values indicating they are oversold.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 11:18 am

UI

Ubiquiti reported Q4 earnings of $1.74 per share, slightly beating the estimate of $1.73. However, sales of $507.46M missed the $511.62M estimate. Earnings increased by 0.58% and sales by 3.33% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:12 am