Streetbeat News

Earnings

SJW

SJW Gr (NYSE:SJW) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $0.60. The company's past performance shows a mix of earnings beats and misses, with the share price reacting accordingly. Shares are currently trading at $60.45, down 21.18% over the last year, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for the earnings results and, more importantly, the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 4:01 pm

ETN

Eaton Corp (NYSE:ETN) has received diverse analyst ratings over the past quarter, with recent updates showing a positive shift in sentiment and price targets. Analysts from Evercore ISI Group, RBC Capital, Citigroup, UBS, and Wells Fargo have raised their price targets for ETN, reflecting optimism about the company's performance and market position. The average 12-month price target for ETN now stands at $285.2, marking a significant increase from the previous average. Eaton's financials indicate strong revenue growth, exceptional net margin, and efficient asset and equity management, positioning it favorably in the industrials sector.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 4:01 pm

FG

F&G Annuities & Life (NYSE:FG) is scheduled to release its quarterly earnings report on February 21, 2024, with an expected EPS of $1.05. Despite a miss in the last quarter's EPS, the company's stock price increased by 14.33% the following day. Historically, the company's performance has shown mixed results in beating EPS estimates, affecting stock price movements. Shares have risen 117.63% over the last 52 weeks, indicating a positive outlook among long-term investors.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 4:01 pm

AMN

AMN Healthcare Services (NYSE:AMN) was analyzed by 5 analysts, showing a mix of bullish to indifferent sentiments. The average 12-month price target is now $83.2, down from $88.50. The company faces revenue challenges with a -4.12% decline and has a high debt-to-equity ratio of 1.57, but maintains strong profitability with a net margin of 1.53% and an impressive ROE of 1.52%.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 4:01 pm

AMK

AssetMark Financial Holdings (NYSE:AMK) is scheduled to release its quarterly earnings report on February 21, 2024. Analysts predict an EPS of $0.57. The company's past earnings performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $32.21, with a 21.51% increase over the last 52 weeks. Investors are optimistic but will focus on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 4:01 pm

V

This article provides an in-depth industry comparison of Visa (NYSE:V) against its competitors in the Financial Services sector, focusing on key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Visa is highlighted for its strong market position, with a notable P/E ratio indicating potential undervaluation, high profitability, and operational efficiency. However, its revenue growth is below the industry average, suggesting a slower expansion rate.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 4:00 pm

WLK

Westlake's shares dropped following the announcement of their Q4 financial results, which fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 3:52 pm

ARM

GFS

INTC

NVDA

SMCI

NVIDIA Corp (NASDAQ:NVDA) shares dropped over 5% amid a broader semiconductor sector sell-off, with investors taking profits ahead of its earnings report. ARM Holdings (NASDAQ:ARM) and Super Micro Computer (NASDAQ:SMCI) also saw declines. Globalfoundries Inc (NASDAQ:GFS) and Intel Corp (NASDAQ:INTC) traded higher, buoyed by news of government funding. NVIDIA received bullish analyst coverage from Loop Capital and Rosenblatt with high price targets.

Portfolio Pulse from Aaron Bry

February 20, 2024 | 3:52 pm

ARM

AS

BIRK

IPO

KSPI

TBBB

The IPO market is expected to rebound in 2024 after a downturn, with notable companies like Plaid, Chime, and Skims potentially going public. ARM Holdings, Birkenstock, Kaspi, Amer Sports, and BBB Foods have seen successful IPOs recently. The Renaissance IPO ETF has also performed well. Market conditions are improving, but volatility may increase due to the presidential election.

Portfolio Pulse from Neil Dennis

February 20, 2024 | 3:51 pm

EXPD

Expeditors International of Washington's shares dropped following the announcement of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 3:45 pm