Streetbeat News

Earnings

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Agilent Technologies reported Q3 2024 earnings per share of $1.32, surpassing the analyst estimate of $1.26. The company's sales were $1.58 billion, also beating the expected $1.56 billion, despite a 5.50% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:05 pm

MDXH

MDxHealth reported a Q2 2024 GAAP EPS of $(0.42), missing the $(0.27) estimate, and sales of $22.159 million, missing the $20.214 million estimate. This represents a significant decrease from the previous year's sales of $16.645 million.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:01 pm

DIA

IWM

QQQ

SPY

Major indexes rose due to strong earnings in the retail sector and the release of the FOMC minutes.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 7:50 pm

APP

AppLovin (NASDAQ:APP) has seen a significant bearish sentiment in recent options trading, with 63% of trades showing bearish tendencies. The stock is currently trading at $89.45, up 3.32%, but analysts have mixed ratings with a consensus target price of $98.33. The anticipated earnings release is in 77 days.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 7:31 pm

GOOGL

PTON

Peloton Interactive Inc (NASDAQ:PTON) is set to report its Q4 earnings, with investors focusing on the search for a new CEO, a turnaround plan, and recent partnerships with Lululemon and Alphabet's Fitbit. Analysts expect a revenue of $630.48 million and a loss of 17 cents per share. The company has a history of beating revenue estimates but missing earnings estimates. Key topics include restructuring efforts, cost savings, and the impact of new partnerships on revenue and profitability.

Portfolio Pulse from Chris Katje

August 21, 2024 | 7:03 pm

BBAI

EYEN

M

PAGS

PRCT

SDIG

TJX

U.S. stocks rose with the Nasdaq gaining 0.5%. TJX Companies reported strong earnings, beating estimates and raising its fiscal 2025 outlook. BigBear.ai, PROCEPT BioRobotics, and Stronghold Digital Mining saw significant stock price increases, while Eyenovia, Macy's, and PagSeguro Digital experienced declines.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 6:43 pm

BJ

Deep-pocketed investors are showing a bearish sentiment towards BJ's Wholesale Club, with significant options trading activity indicating potential price movements. The stock is currently trading at $87.8, with a neutral RSI and an upcoming earnings report. Analysts have a target price of $76, with JP Morgan maintaining an Underweight rating.

Portfolio Pulse from Benzinga Insights

August 21, 2024 | 6:16 pm

TGT

Target Corporation (NYSE:TGT) reported strong Q2 results, leading to a raised full-year EPS outlook. Analysts have mixed ratings, with Goldman Sachs maintaining a Buy rating and JP Morgan a Neutral rating. Despite positive results, concerns remain over future margin pressures.

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2024 | 6:13 pm

COTY

KEYS

TJX

TOL

Toll Brothers reported strong earnings, leading to a 6.5% rise in its stock. Other companies like Keysight, Coty, and TJX also saw stock increases due to positive financial results or other favorable news.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 5:48 pm

DIA

IWM

M

QQQ

SPY

TGT

XLB

XLF

XLU

Stocks trimmed gains on Wednesday due to a downward revision in nonfarm payrolls, indicating a weaker labor market. Target surged on strong earnings, while Macy's fell after lowering revenue guidance. Investors are anticipating the Fed's July meeting minutes.

Portfolio Pulse from Piero Cingari

August 21, 2024 | 5:47 pm