Streetbeat News

Earnings

CABA

Cabaletta Bio (NASDAQ:CABA) reported Q4 earnings with an EPS of $-0.46, missing estimates by -18.0%. Revenue remained unchanged from the previous year. In the last quarter, the company exceeded EPS estimates, leading to a 2.0% share price increase the following day.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:10 pm

DBI

Designer Brands Inc. (NYSE:DBI) shares fell after reporting Q4 FY23 results with a slight sales decline and a larger drop in comparable sales. Despite beating sales and EPS estimates, gross profit and margins decreased. The company also reported a net loss, reduced inventories, and a stable store count. A dividend was announced, and a modest FY24 EPS outlook was provided amidst challenges in the footwear market.

Portfolio Pulse from Lekha Gupta

March 21, 2024 | 1:09 pm

WILC

G. Willi-Food International Ltd. (NASDAQ:WILC) reported a 9% increase in sales for fiscal year 2023, reaching a record high despite a decrease in gross and operating profit. The company faced challenges such as the appreciation of the Israeli shekel, worldwide increase in goods prices, and increased transport costs due to military conflicts. Despite these, Willi-Food expanded its product range and improved product visibility, and is working on improving commercial terms and constructing a new logistics center to support growth.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:08 pm

PLTR

Palantir shares are experiencing an uptick due to a positive trend in AI and tech stocks, propelled by Micron's robust earnings. The movement in growth stocks is also influenced by the recent Federal Reserve decision.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:07 pm

FGI

LASE

LIQT

PEGY

SCS

In Thursday's pre-market session, several industrials stocks showed notable movements. Gainers included Laser Photonics, Pineapple Energy, FGI Industries, voxeljet, Hyzon Motors, and Babcock & Wilcox, with increases ranging from 6.48% to 15.6%. Losers were Tritium DCFC, Steelcase, Energy Vault Holdings, LiqTech Intl, and New Horizon Aircraft, with declines between 4.93% and 7.0%. Notably, FGI Industries, Steelcase, and LiqTech Intl had recent Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:06 pm

DBI

FIVE

KAVL

LVWR

In Thursday's pre-market session, several consumer discretionary stocks showed significant movement. Notably, Kaival Brands Innovations, LiveWire Gr, Kirkland's, Allurion Technologies, Canoo, and Guess reported gains, with increases attributed to recent earnings reports for some. Conversely, Designer Brands, Destination XL Group, Five Below, Academy Sports, Chijet Motor Co, and Li Auto experienced declines, with poor Q4 earnings impacting several of these stocks.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:05 pm

APYX

ARGX

IMTX

IMVT

TRML

YTEN

In Thursday's pre-market session, health care stocks showed significant movement. Yield10 Bioscience (YTEN) led the gainers with a 133.7% increase, while Tourmaline Bio (TRML) experienced the largest drop among the losers, decreasing by 33.4%. Other notable movements included Immunovant (IMVT) and argenx (ARGX) with substantial gains, and Apyx Medical (APYX) and Immatics (IMTX) among the notable losers. Several companies reported their Q4 earnings, influencing their stock prices.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:05 pm

MVLA

NSYS

In Thursday's pre-market session, several information technology stocks showed significant movement. Notably, Nortech Systems (NSYS) and Micron Technology (MU) experienced upward movements of 23.9% and 16.77%, respectively, following their earnings reports. Conversely, Movella Holdings (MVLA) saw a dramatic decrease of 57.7%. Other stocks also experienced notable changes.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:05 pm

DRI

Darden Restaurants executive announced during a conference call that they expect the Q4 adjusted profit to be in the range of $2.58-$2.68, compared to the estimated $2.63.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:05 pm

LINK

Interlink Electronics (NASDAQ:LINK) reported a Q4 EPS of $(0.06), a significant decrease from $0.13 YoY. However, sales increased to $3.54M from $1.61M YoY, marking a 119.62% growth.

Portfolio Pulse from Happy Mohamed

March 21, 2024 | 1:03 pm