Streetbeat News

Earnings

DLTR

LEN

ZIM

Numerous companies are scheduled to report their earnings on March 13, 2024, covering a wide range of industries from biotech to retail. Notable mentions include Dollar Tree with expected earnings of $2.65 per share on $8.67 billion revenue, and Lennar with an estimate of $2.20 per share on $7.39 billion revenue. Several companies are anticipated to report losses, such as ZIM Integrated Shipping with a projected loss of $1.29 per share.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 10:15 am

LQDA

iShares $ Corp Bond UCITS ETF (NASDAQ:LQDA) reported Q4 earnings with an EPS of $-0.42, missing estimates by -83.0% and a revenue decrease of $829 thousand from the previous year. The ETF has a history of missing EPS estimates, which previously led to a 4.0% share price drop.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 10:15 am

ACDC

ProFrac Holding reported a Q4 net loss of $99.1 million, a significant downturn from the net income of $40.9 million it reported in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 10:09 am

ACDC

ProFrac Holding (NASDAQ:ACDC) reported Q4 sales of $489.10M, missing the consensus estimate of $594.97M by 17.79%. This represents a 38.41% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 10:07 am

LQDA

Liquidia (NASDAQ:LQDA) reported a FY GAAP EPS of $(1.21), missing the $(1.02) estimate, and sales of $17.49M, missing the $17.69M estimate. This represents an 80.6% decrease in EPS and a 9.75% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 10:06 am

TOUR

Tuniu Corporation (TOUR) forecasts a significant increase in net revenues for Q1 2024, expecting RMB101.1 million to RMB107.4 million. This represents a 60% to 70% year-over-year growth compared to Q1 2023.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 10:06 am

GAN

GAN reported Q4 earnings with a loss of $(0.21) per share, missing the $(0.15) estimate, and sales of $30.71M, missing the $34.42M estimate. This represents a 12.5% increase in losses per share and a 16.87% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 10:03 am

TOUR

Tuniu Corporation (TOUR) reported a Q4 EPS of $(0.15) and sales of $14.08M, marking a significant increase from $3.96M in the same period last year. The company also reported an adjusted net income of $0.9M.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 10:03 am

CRBU

DLTR

LEN

NVDA

PACK

WSM

U.S. stocks closed higher with the Dow jumping over 200 points following the release of February 2024 inflation data, which showed a rise to 3.2%. The CNN Money Fear and Greed index indicated improved market sentiment, remaining in the 'Greed' zone. Ranpak Holdings Corp. (PACK) saw a significant share price increase after reporting better-than-expected revenue, while Caribou Biosciences (CRBU) shares dropped due to disappointing financial results. NVIDIA Corporation (NVDA) shares surged amid AI momentum. The S&P 500 and Nasdaq also saw gains, with investors looking forward to earnings results from Lennar Corporation (LEN), Williams-Sonoma (WSM), and Dollar Tree (DLTR).

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 8:42 am

CLOV

DLTR

LEN

MINM

WSM

Dollar Tree, Minim, Williams-Sonoma, Clover Health Investments, and Lennar Corporation are stocks to watch, with earnings reports and a merger announcement affecting their after-hours trading. Dollar Tree and Williams-Sonoma are set to report earnings, Minim announced a merger with e2Companies, Clover Health reported strong Q4 revenue and FY24 guidance, and Lennar is expected to report earnings.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 8:40 am