Streetbeat News

Earnings

DARE

Dare Bioscience (NASDAQ:DARE) is scheduled to release its quarterly earnings report on March 28, 2024, with analysts expecting an EPS of $-0.10. Historical data shows mixed reactions to past earnings, with a slight increase in share price following the last quarter's beat. Shares have declined 51.35% over the last year, indicating potential concern among long-term investors ahead of this release.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 2:01 pm

AGRX

Agile Therapeutics (NASDAQ:AGRX) is scheduled to release its quarterly earnings report on March 28, 2024, with analysts expecting an EPS of $-0.92. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing subsequent share price drops. Over the last year, AGRX shares have declined by 96.87%, indicating a bearish outlook among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 2:01 pm

HUT

Hut 8 Mining (NASDAQ:HUT) is scheduled to release its quarterly earnings report on March 28, 2024, with analysts expecting an EPS of $-0.25. Investors are hopeful for a beat on this estimate and positive guidance for future growth. Hut 8 Mining's stock performance has been generally positive over the last year, with a 10% increase, and shares were trading at $9.88 as of March 26. Past earnings performance has shown a mix of beats and misses, with corresponding stock price changes.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 2:00 pm

WBA

Walgreens Boots Alliance (NASDAQ:WBA) is set to release its quarterly earnings report on March 28, 2024, with analysts estimating an EPS of $0.75. The company's past earnings performance shows a mix of beats and misses, with the share price reacting accordingly. Shares are currently trading at $20.51, down 39.92% over the last 52 weeks, indicating long-term shareholder dissatisfaction. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 2:00 pm

GME

GameStop Corp (NYSE:GME) shares fell after reporting Q4 revenue of $1.794 billion and adjusted earnings of 22 cents per share, both below analyst expectations. The company ended the quarter with $1.199 billion in cash and equivalents, and maintained limited long-term debt. No earnings call was held, continuing a trend for the fourth quarter. CFO Daniel Moore was promoted, and cost reduction measures were announced. Wedbush analyst Michael Pachter maintained an Underperform rating, lowering the price target from $6 to $5.60.

Portfolio Pulse from Adam Eckert

March 27, 2024 | 2:00 pm

GE

General Electric (NYSE:GE) has received diverse analyst ratings over the last three months, with a shift towards more bullish sentiments. The average 12-month price target for GE has increased to $172.18, marking a 12.73% rise from the previous target. Analysts from firms like Wells Fargo, Goldman Sachs, and UBS have raised their price targets, reflecting optimism about GE's market performance and financial health. GE's strong financial indicators, including a 15.43% revenue growth, an 8.2% net margin, and a 5.68% ROE, support the positive outlook. The company, known for its aerospace engines and wind turbines, is undergoing a breakup led by CEO Larry Culp.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 2:00 pm

CCL

CUK

Carnival forecasts a significant improvement in its financial performance for Q2 2024, with net yields expected to increase by approximately 10.5% compared to 2023, despite the unfavorable impact of Red Sea rerouting. Occupancy is anticipated to be at historical levels. Adjusted cruise costs excluding fuel per ALBD are projected to rise by about 3.0% from Q2 2023, also affected by the Red Sea rerouting. The company predicts its adjusted EBITDA to reach around $1.05 billion, marking over 50% growth from the same quarter in 2023.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:48 pm

CCL

CUK

Carnival Corporation's shares are trading lower due to mixed results in the first quarter. The company's performance during this period has led to a decrease in stock price.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:47 pm

TSLA

A significant bearish sentiment has been observed in Tesla's (NASDAQ:TSLA) options market, as detected by Benzinga's options scanner. The scanner revealed 31 unusual options trades, with a sentiment split of 41% bullish and 58% bearish. The trades focus on a price band between $170.0 and $300.0 for Tesla. Notable options activity includes both bullish and bearish positions, with a total trade price for puts at $672,462 and calls at $993,520. Tesla's current market performance shows a 2.14% increase in stock price at $181.48, with an RSI indicating a neutral position. The next earnings report is expected in 21 days.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 1:46 pm

BKNG

Recent analysis of options trading for Booking Holdings (NASDAQ:BKNG) reveals a bullish trend among investors, with 58% of trades being bullish and 42% bearish. The trades include 4 puts and 8 calls, with a significant volume aiming for a strike price range between $2000.0 and $4800.0. The largest trades observed indicate a mix of bullish, bearish, and neutral sentiments, with the most notable being a bullish call sweep for a strike price of $3680.00, expiring on 01/16/26, valued at $1.1M. Booking Holdings, the world's largest online travel agency, is currently trading at $3661.08, with an upcoming earnings announcement in 36 days.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 1:46 pm