Streetbeat News

Earnings

WALD

Waldencast plc. (NASDAQ:WALD) held its Q3 2024 earnings conference call on November 21, 2024. Key participants included CEO Michel Brousset and CFO Manuel Manfredi, with analysts from TD Cowen, Telsey Advisory Group, Jefferies, and Canaccord Genuity attending.

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November 23, 2024 | 12:30 am

ANF

BBY

BURL

CRWD

DELL

DKS

KSS

M

Next week, Wall Street will focus on earnings reports from major retailers and tech companies, including Dell and CrowdStrike. Retailers like Best Buy, Abercrombie & Fitch, Kohl's, Macy's, Burlington Stores, and Dick's Sporting Goods will report on Tuesday.

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November 23, 2024 | 12:00 am

SMWB

Similarweb's stock rating has been downgraded from buy to hold due to valuation concerns, despite strong fundamentals and recent earnings that beat estimates. Investors are advised to lock in gains as the upside is now limited.

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November 22, 2024 | 11:30 pm

NVDA

SMCI

Major U.S. equities indexes rose on Friday, closing out a strong week for stocks. The week was highlighted by earnings from chipmaker Nvidia and major retailers. Supermicro stock rallied, contributing to the positive performance.

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November 22, 2024 | 11:30 pm

DXLG

Destination XL Group, Inc. reported a 10-11% drop in comparable sales for Q3 2024, leading to a significant margin decline and a second guidance cut this year. The company is using aggressive discounting to compete, impacting future margins and profitability. Despite its current unprofitability, a 10% sales improvement could make the stock attractive due to its low enterprise value.

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November 22, 2024 | 11:00 pm

CLIK

Click Holdings Limited, a human resources solutions provider based in Hong Kong, reported strong growth in its unaudited financial results for the first half of 2024. The company is listed on NASDAQ under the symbol CLIK.

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November 22, 2024 | 10:30 pm

NVDA

Nvidia's quarterly results exceeded expectations, with the company beating estimates, raising guidance, and achieving impressive growth rates. This performance is notable for a company of its size, typically seen in start-ups.

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November 22, 2024 | 10:30 pm

RBTC

Rubicon Technologies, Inc. reported its third quarter 2024 financial results, highlighting significant improvements driven by a focus on partner-centricity and strategic account management.

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November 22, 2024 | 10:15 pm

PRCH

Porch Group's stock has surged 170% in a year, with analysts predicting further upside. However, concerns about profitability and growth metrics persist. The launch of Porch Insurance Reciprocal Exchange aims to stabilize earnings, but rising costs and net losses challenge sustainability.

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November 22, 2024 | 10:15 pm

IQ

iQIYI, Inc. held its Q3 2024 earnings call, discussing the company's performance and future outlook. Key participants included the CEO, CFO, and other senior executives.

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November 22, 2024 | 10:00 pm