Streetbeat News

Earnings

SMCI

Smart money investors have shown a significant interest in Super Micro Computer (NASDAQ:SMCI) options, with a mix of bearish and bullish sentiments. Benzinga's options scanner revealed 60 unusual trades, indicating a potential price range for SMCI between $480.0 and $1500.0 over the next three months. The trading volume and open interest in SMCI options have notably increased, with a mix of put and call options being traded. Super Micro Computer, a provider of high-performance server technology, is approaching its earnings announcement, with its stock price recently up by 1.34% and trading volume at 1,917,663.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:16 pm

LOB

Live Oak Bancshares' stock is trading lower following the announcement of their Q1 financial results, which did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:15 pm

LUV

Southwest Airlines Co (NYSE:LUV) reported a Q1 fiscal 2024 operating revenue increase of 10.9% Y/Y to $6.33 billion, missing consensus estimates. Adjusted EPS fell to $(0.36), and the company experienced an adjusted operating loss of $(377) million. Despite record passenger numbers, challenges included lower-than-expected leisure passenger volume and Boeing delivery delays. The company announced cost control measures and operational closures at four airports. Q2 guidance anticipates a RASM decrease and increased costs, with LUV shares dropping 9.3%.

Portfolio Pulse from Akanksha Bakshi

April 25, 2024 | 3:14 pm

NEM

Newmont Corporation announced in a conference call that its Q2 production and costs are expected to remain consistent with Q1 levels. This update provides investors with insights into the company's operational stability and financial outlook.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:11 pm

INDV

Indivior shares are trading lower following the company's report of worse-than-expected Q1 earnings per share (EPS) and sales.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:06 pm

ATNI

ATN International shares dropped following a report of disappointing Q1 revenue results and a reduction in FY24 revenue guidance below expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:06 pm

KEX

Kirby Corporation's shares surged following the announcement of their Q1 earnings per share (EPS) and sales figures, which exceeded analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:05 pm

CX

Cemex shares are trading lower following the announcement of worse-than-expected Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:04 pm

MC

Moelis & Company's shares traded lower following the announcement that the company missed its Q1 revenue estimates.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:04 pm

LULU

The analysis compares Lululemon Athletica (NASDAQ:LULU) against its peers in the Textiles, Apparel & Luxury Goods industry, highlighting its premium valuation and superior performance in terms of profitability, operational efficiency, and market position. Lululemon's financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are significantly higher than the industry average, indicating a strong market outperformance but also suggesting a potential overvaluation.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:01 pm