Streetbeat News

Earnings

BZUN

Baozun (NASDAQ:BZUN) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with analysts expecting an EPS of $0.16. The company's past earnings performance shows mixed results, with the last quarter beating estimates by $0.02 but resulting in a 0.0% change in share price the following day. Baozun's stock has declined 47.93% over the last 52 weeks, trading at $2.8 as of March 19. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm

MLYS

Mineralys Therapeutics (NASDAQ:MLYS) is scheduled to release its quarterly earnings report on March 21, 2024, with an expected EPS of $-0.82. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 6.74% drop. Shares are currently trading at $13.48, down 13.18% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm

AMPX

Amprius Technologies (NYSE:AMPX) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with analysts expecting an EPS of $-0.11. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter resulting in a 17.58% increase following an EPS beat. Shares are currently trading at $2.7, down 62.81% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm

KIRK

Kirkland's (NASDAQ:KIRK) is anticipated to report a quarterly EPS of $0.42 on March 21, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows a mixed reaction to past earnings reports, with the stock price fluctuating based on performance and guidance. Currently, shares are trading at $2.49, reflecting a 10.07% decline over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:00 pm

GAMB

Gambling.com Gr (NASDAQ:GAMB) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with an estimated EPS of $0.19. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for the next quarter. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat followed by a 20.38% drop. Shares are currently trading at $8.93, down 9.03% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:00 pm

FINV

LC

QFIN

Qifu Technology Inc. (NASDAQ:QFIN) reported a 13% year-on-year revenue increase and a 21.5% net profit rise in Q4, outperforming its annual figures and projections. The company announced a significant share repurchase plan of up to $350 million, exceeding its previous $132 million buyback. This move, along with a dividend payout of 20%-30% of its GAAP-based net profit, has led to a more than 20% increase in its stock price post-announcement. In contrast, FinVolution Group (NYSE:FINV) reported modest growth, highlighting the competitive and economic challenges in China. Qifu's strategy focuses on shareholder returns amid limited growth opportunities, with its P/E ratio currently at 5, compared to FinVolution's 4 and LendingClub's (NYSE:LC) 21.

Portfolio Pulse from The Bamboo Works

March 20, 2024 | 2:54 pm

ETAO

GIS

LFCR

MNTS

SMR

U.S. stocks edged lower ahead of the Federal Reserve's interest rate decision, with the Dow, NASDAQ, and S&P 500 all seeing slight declines. General Mills reported better-than-expected Q4 financial results, with a slight sales decline but beating analyst estimates. Utilities shares rose, while energy shares fell. Several companies saw significant stock movements, including ETAO International, XTL Biopharmaceuticals, and TruGolf Holdings experiencing sharp increases, whereas Lifecore Biomedical, NuScale Power Corporation, and Momentus Inc. saw notable declines.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 2:53 pm

ECNS

KC

WFH

Kingsoft Cloud Holdings Ltd (NASDAQ:KC) reported Q4 fiscal 2023 revenue of $242.6 million, slightly above consensus, with a 19.2% Y/Y decrease. Adjusted EPS was $(0.05), better than expected. The stock surged 18.80% to $3.82. Revenue decline was attributed to scaling down CDN services and phasing out loss-making clients. Adjusted gross profit rose significantly due to strategic adjustments and cost control. The company is focusing on AI cloud computing, contributing to 8% of public cloud revenues. Investors can also gain exposure through Direxion Work From Home ETF (NYSE:WFH) and iShares MSCI China Small-Cap ETF (NYSE:ECNS).

Portfolio Pulse from Anusuya Lahiri

March 20, 2024 | 2:50 pm

BAK

Braskem's stock price increased following the announcement of their Q4 financial results on Tuesday.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:44 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) announced a price hike for the Model Y starting in the second quarter, following a quarter-end discount on Models S, X, and Y. Analysts are divided on the implications of these price adjustments for Tesla's demand and margins. Gene Munster of Deepwater Asset Management sees a challenging near term but remains optimistic for 2025 and 2026. Ross Gerber views the price hike as an old sales tactic. Tesla's Q1 delivery expectations are tempered due to slow sales in China and production ramp-up issues, with an estimated delivery of 435,000 units versus a consensus of 475,000 units.

Portfolio Pulse from Shanthi Rexaline

March 20, 2024 | 2:43 pm