Streetbeat News

Earnings

ARCO

DLTR

TSLA

Dollar Tree reported weaker-than-expected Q4 FY23 results, leading to a 14.5% drop in its shares. Other stocks also moved lower, including NaaS Technology, Comtech Telecommunications, loanDepot, Rackspace Technology, ZIM Integrated Shipping Services, Neumora Therapeutics, Tevogen Bio Holdings, ADC Therapeutics, Solowin Holdings, Arcos Dorados Holdings, Ichor Holdings, Nukkleus, and Tesla, due to various reasons such as disappointing earnings, downgrades, and financial offerings.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 2:22 pm

AZN

MNKTQ

SLN

Silence Therapeutics Plc (NASDAQ:SLN) reported a narrower loss per share for 2023 compared to the previous year and an increase in collaboration revenues. Despite this, shares dropped 5.61% to $24.45. The company announced significant cash position improvements and the conclusion of a collaboration with Mallinckrodt (OTC:MNKTQ) on SLN501. Positive data from the ALPACAR-360 phase 2 study of zerlasiran was also shared. Additionally, a $10 million milestone payment was triggered by AstraZeneca PLC (NASDAQ:AZN) for initiating a phase 1 clinical trial.

Portfolio Pulse from Nabaparna Bhattacharya

March 13, 2024 | 2:16 pm

FUTU

Futu Holdings (NASDAQ:FUTU) is scheduled to release its quarterly earnings report on March 14, 2024, with an estimated EPS of $0.96. Historically, the company has had mixed results in beating EPS estimates, with the last quarter showing a $0.06 beat but a 0.0% change in share price the following day. Over the past year, FUTU shares have increased by 38.79%, trading at $64.02 as of March 12. Investors are looking for not only an earnings beat but also positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 2:05 pm

AKBA

Akebia Therapeutics (NASDAQ:AKBA) is scheduled to release its quarterly earnings report on March 14, 2024, with an expected EPS of $-0.04. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Historical data shows a correlation between earnings performance and stock price movement. Shares have risen 105.59% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 2:05 pm

AVD

American Vanguard (NYSE:AVD) is scheduled to release its quarterly earnings report on March 14, 2024, with analysts expecting an EPS of $0.27. The company's past earnings performance shows mixed results, with a notable miss last quarter but a subsequent share price increase. Shares are currently trading at $10.82, down 48.46% over the last year. Investors are keenly awaiting the report and guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 2:05 pm

ULTA

Ulta Beauty (NASDAQ:ULTA) is expected to report an EPS of $7.52 in its upcoming quarterly earnings on March 14, 2024. Analysts and investors are particularly focused on whether the company will surpass this estimate and provide positive guidance for future growth. Historical data shows Ulta Beauty's stock price reacts significantly to earnings performance and guidance. Last quarter, ULTA beat the EPS estimate by $0.12, leading to a 10.81% stock price increase the following day. Over the past year, ULTA shares have risen by 8.8%, with the stock currently trading at $555.57.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 2:04 pm

RMBL

RumbleON (NASDAQ:RMBL) is scheduled to release its quarterly earnings report on March 14, 2024, with analysts expecting an EPS of $-0.51. The company's past earnings performance shows a mix of misses and beats against estimates, with the stock price reacting variably. Shares are currently trading at $7.31, down 9.48% over the last year. Investors are looking for positive guidance for the next quarter beyond the earnings beat or miss.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 2:04 pm

CSIQ

Canadian Solar (NASDAQ:CSIQ) is scheduled to release its quarterly earnings report on March 14, 2024. Analysts predict an EPS of $0.00. The company's past earnings performance shows a mix of misses and beats, with the share price reacting accordingly. Shares are currently trading at $20.22, down 44.31% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 2:04 pm

EVCM

EverCommerce (NASDAQ:EVCM) is scheduled to release its quarterly earnings report on March 14, 2024. Analysts predict an EPS of $0.13. The company's past earnings performance shows a mix of misses and beats, with the stock price reacting accordingly. Shares are currently trading at $9.75, down 8.93% over the last year. Investors are advised to watch for the earnings outcome and particularly the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 2:04 pm

BLNK

Blink Charging (NASDAQ:BLNK) is scheduled to release its quarterly earnings report on March 14, 2024, with analysts expecting an EPS of $-0.31. The company's past performance shows a pattern of beating EPS estimates, leading to significant share price movements. Shares are currently trading at $3.14, down 58.55% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 2:04 pm