Streetbeat News

Earnings

CVX

Chevron (NYSE:CVX) has seen significant options trading activity, with a bullish sentiment from the majority of investors. Analysis of 18 trades shows 55% bullish and 44% bearish expectations. The trades include 6 puts and 12 calls, aiming for a price range of $130.0 to $185.0. Chevron, a major integrated energy company, has a current stock price of $158.0, with an upcoming earnings announcement in 25 days. The trading volume and RSI indicators suggest the stock may be overbought.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:15 pm

CEG

Smart money investors have shown a significant interest in Constellation Energy (NASDAQ:CEG) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 14 unusual trades, indicating a potential price movement between $140 and $260. The trading volume and open interest analysis suggest a keen investor interest in CEG's options. Currently, CEG's stock is slightly up, with an earnings announcement expected in 31 days. Analysts from Morgan Stanley, Wells Fargo, and UBS have given positive ratings, with price targets ranging from $185 to $201.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:15 pm

POLA

Polar Power reported a decrease in both earnings per share (EPS) and revenue for Q4 2023 compared to the same period last year. EPS fell to $(0.24) from $(0.10), and revenue dropped to $3.605M from $6.366M.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:15 pm

SKYX

SKYX Platforms Corp. reported Q4 sales of $22.2M, surpassing the analyst consensus estimate of $21.125M by 5.09%. This represents a significant increase of 243.70K% over the sales of $9.106K in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:12 pm

SHFS

Safe Harbor Financial (SHFS) reported a Q4 2023 revenue of $4.5 million, marking an increase from $3.6 million in the same quarter of the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:12 pm

DUOT

Duos Technologies Group (NASDAQ:DUOT) reported a Q4 EPS of $(0.44), missing the $(0.25) estimate, and sales of $1.53M, missing the $3.00M estimate. This represents a 340% decrease in EPS and a 74.22% decrease in sales from the same period last year.

Portfolio Pulse from dijoy@benzinga.com

April 01, 2024 | 8:10 pm

CIFR

Cipher Mining Inc. (NASDAQ:CIFR) announced its March 2024 production and operations update, highlighting the mining of 316 BTC, the sale of 8 BTC, and an ending balance of 1,741 BTC. The company also noted significant progress in its data center expansions and a strong first quarter despite challenges such as power curtailment and increasing network hash rate. Cipher's operational achievements include maintaining a high uptime, optimizing its portfolio, and preparing for future expansions and the upcoming Bitcoin halving.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:10 pm

ALLG

Allego has announced the postponement of its Q4 and full year 2023 financial results conference call. The company has confirmed that the financial information will be provided with the filing of its Form 20-F on or before April 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:10 pm

DUOT

Duos Technologies Group (NASDAQ:DUOT) reported Q4 earnings with an EPS of $-0.44, missing estimates by -76.0% and a revenue decrease of $4.40 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, with a notable 16.0% share price drop after last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:10 pm

RSLS

ReShape Lifesciences anticipates a reduction in operating expenses by over 50% in 2024 compared to 2023, reinforcing its dedication to achieving profitability.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:09 pm