Streetbeat News

Earnings

RIO

Rio Tinto PLC (NYSE:RIO) is facing investor scrutiny as it prepares to release its full-year 2023 earnings on Feb. 21, amid a share price dip of over 11% year-to-date and allegations of water pollution in Mongolia and Madagascar. Despite these challenges, the company's diversified commodity portfolio, strategic assets, and optimistic iron ore price outlook could present a value opportunity. However, the technical setup appears bearish, with mixed signals from moving averages and a neutral consensus analyst rating with a price target of $6.45.

Portfolio Pulse from Surbhi Jain

February 20, 2024 | 7:02 pm

C

Citi has observed a normalization in credit card losses, expecting an upward trend in losses. Additionally, its retail banking business is negatively impacting returns, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:02 pm

AGR

Avangrid (NYSE:AGR) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $0.91. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to various stock price changes. Avangrid's stock has declined 23.53% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for the earnings outcome and particularly the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:02 pm

CNNE

Cannae Holdings (NYSE:CNNE) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $-0.55. The company's past earnings performance shows a history of not meeting EPS estimates, leading to negative stock price reactions. Shares are currently trading at $20.69, reflecting an 8.48% decrease over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:02 pm

THTX

Theratechnologies (NASDAQ:THTX) is expected to report a Q4 EPS of $-0.24 on February 21, 2024. Analysts and investors will be looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows a mix of beats and misses, with the share price reacting accordingly. Currently, shares are trading at $1.65, down 57.73% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:02 pm

CLH

Clean Harbors (NYSE:CLH) is scheduled to release its quarterly earnings report on February 21, 2024, with an expected EPS of $1.69. Despite a miss in the last quarter's EPS, the company's stock price increased by 5.23% the following day. Historically, the company's earnings performance has shown mixed results with both misses and beats in EPS estimates, leading to varied stock price reactions. Over the last year, CLH shares have seen a 39.07% increase, indicating a positive trend for long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:01 pm

GNK

Genco Shipping & Trading (NYSE:GNK) is expected to report an EPS of $0.40 in its upcoming quarterly earnings on 2024-02-21. Historically, the company's share price has reacted to both earnings outcomes and forward guidance. Last quarter, GNK beat the EPS estimate by $0.02, leading to a 6.79% share price increase the following day. Over the past year, GNK shares have declined by 2.76%.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:01 pm

GSHD

Goosehead Insurance (NASDAQ:GSHD) is anticipated to release its quarterly earnings report on February 21, 2024, with an expected EPS of $0.33. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price to past earnings performances, with the last quarter's beat leading to a 1.66% drop. Shares have seen a significant increase of 129.25% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:01 pm

HVT

Haverty Furniture Cos (NYSE:HVT) is scheduled to release its quarterly earnings report on February 21, 2024. Analysts predict an EPS of $0.99. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting accordingly. Shares were trading at $36.15 as of February 19, marking a 4.9% decline over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:01 pm

PUMP

ProPetro Holding (NYSE:PUMP) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $0.09. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 3.44% drop. Shares are currently trading at $8.3, down 8.66% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:01 pm