Streetbeat News

Earnings

ANET

Deep-pocketed investors have shown a bearish sentiment towards Arista Networks (NYSE:ANET), as revealed by Benzinga's tracking of public options records. The analysis of 14 extraordinary options activities indicates a divided mood among investors, with a significant lean towards bearishness. The options trading suggests a targeted price range for ANET between $200.0 and $300.0. The company, a provider of networking equipment, counts Microsoft and Meta Platforms among its largest customers. The current trading volume is 903,669, with ANET's price slightly down by -0.48%, and an earnings announcement is expected in 47 days.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:15 pm

ARQ

Arq Inc (NASDAQ:ARQ) shares surged after reporting its first positive net income in eight quarters, with Q4 FY23 sales up 20% YOY to $28.104 million, beating estimates. Gross margin expanded to 49.8%, and EPS of $0.10 beat the $(0.08) estimate. Shares rose 40% to $4.859.

Portfolio Pulse from Shivani Kumaresan

March 13, 2024 | 5:09 pm

ALAR

Alarum Technologies (NASDAQ:ALAR) is scheduled to release its quarterly earnings report on March 14, 2024. Analysts predict an EPS of $0.25. The company's past earnings performance shows a mix of misses and beats, with the last quarter missing by $0.04, leading to a 0.63% drop in share price. Over the last year, ALAR's shares have surged by 1049.37%, indicating strong investor optimism. The upcoming earnings report and particularly the company's guidance will be crucial for short-term stock movement.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:02 pm

KRT

Karat Packaging (NASDAQ:KRT) is anticipated to report a quarterly EPS of $0.41 on March 14, 2024. Investors are hopeful for an earnings beat and positive future guidance. Historically, KRT's stock price has shown volatility post-earnings, with a notable 14.21% drop after last quarter's earnings beat. Over the past year, KRT shares have surged 102.2%, indicating strong long-term shareholder returns. The upcoming earnings report is crucial for assessing KRT's current valuation and future growth prospects.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:02 pm

ETON

Eton Pharmaceuticals (NASDAQ:ETON) is scheduled to release its quarterly earnings report on March 14, 2024, with an expected EPS of $-0.04. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for future growth. Historical data shows mixed reactions to past earnings, with the stock price experiencing both increases and decreases following earnings announcements. Shares are currently trading at $4.4, up 9.15% over the last year.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:02 pm

CODX

Co-Diagnostics (NASDAQ:CODX) is scheduled to release its quarterly earnings report on March 14, 2024, with an expected EPS of $-0.20. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat followed by a 10.24% drop. Shares are currently trading at $1.175, down 60.14% over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:02 pm

LIFE

aTyr Pharma (NASDAQ:LIFE) is scheduled to release its quarterly earnings report on March 14, 2024, with an expected EPS of $-0.24. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for future growth. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 2.61% drop. Shares are currently trading at $1.62, down 12.57% over the last year, indicating potential concern among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:01 pm

GOCO

GoHealth (NASDAQ:GOCO) is expected to report an EPS of $2.72 in its upcoming quarterly earnings on March 14, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historically, GoHealth has had mixed earnings performance, with a notable beat last quarter leading to a 3.18% share price increase. However, over the last year, GOCO shares have declined by 25.2%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:01 pm

HGBL

Heritage Glb (NASDAQ:HGBL) is scheduled to release its quarterly earnings report on March 14, 2024, with analysts expecting an EPS of $0.07. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's miss resulting in a 19.25% drop. Shares are currently trading at $3.0, reflecting an 8.04% increase over the last 52 weeks. Investors are advised to watch for the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:01 pm

SCWX

SecureWorks (NASDAQ:SCWX) is scheduled to release its quarterly earnings report on March 14, 2024, with an expected EPS of $-0.03. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price experiencing minor fluctuations. Currently, SCWX shares are trading at $6.1, marking a 19.55% decline over the last 52 weeks, indicating potential concern among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:01 pm