Streetbeat News

Earnings

MSA

MSA Safety (NYSE:MSA) is scheduled to release its quarterly earnings report on February 14, 2024, with analysts expecting an EPS of $1.87. The company's past performance shows a consistent beat on EPS estimates, leading to positive stock price movements. Shares are currently trading at $177.48, marking a 28.58% increase over the last 52 weeks. Investors are looking forward to not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm

PLMR

Palomar Holdings (NASDAQ:PLMR) is scheduled to release its quarterly earnings report on February 14, 2024. Analysts predict an EPS of $0.94. The company's past earnings performance shows a pattern of beating EPS estimates, which has sometimes led to significant share price movements the following day. Shares of Palomar Holdings have increased by 16.15% over the last 52 weeks, indicating a positive outlook from long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm

GNRC

Generac Hldgs (NYSE:GNRC) is scheduled to release its quarterly earnings report on February 14, 2024, with an estimated EPS of $2.07. Historically, the company has had mixed results in beating EPS estimates, with the last quarter showing a beat by $0.13 and a subsequent 3.36% increase in share price. Over the past year, GNRC shares have declined by 6.91%, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm

TOST

Investors have shown increased interest in Toast (NYSE:TOST) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 9 significant trades, indicating a targeted price range of $17.0 to $19.5. The trading volume and open interest trends suggest active trading, with notable trades listed. Toast, a restaurant technology company, has seen its stock price decrease by -5.05%, with an earnings announcement expected in 2 days. Analyst opinions vary, with target prices ranging from $19 to $28.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm

AMWL

American Well (NYSE:AMWL) is scheduled to release its quarterly earnings report on February 14, 2024, with an estimated EPS of $-0.20. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Historically, AMWL's stock price has shown volatility post-earnings announcement, with a mix of positive and negative reactions. Currently, shares are trading at $1.16, reflecting a 71.72% decline over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm

MCRI

Monarch Casino & Resort (NASDAQ:MCRI) is scheduled to release its quarterly earnings report on February 14, 2024, with analysts predicting an EPS of $1.03. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to subsequent drops in share price. Shares are currently trading at $70.26, marking a 12.85% decrease over the last 52 weeks. Investors are looking for positive guidance for the next quarter to potentially boost the stock's performance.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm

ETSY

Financial analysis of Etsy's options market reveals a bearish sentiment among traders, with 72% showing bearish tendencies and a price window predicted between $70.0 to $85.0. The analysis includes details on unusual trades, volume, and open interest, highlighting significant bearish and bullish trades. Etsy, a leading e-commerce marketplace, is currently experiencing a price drop of -5.17%, trading at $74.77, with an anticipated earnings release in 8 days.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 6:01 pm

PARA

WBD

Paramount Global (NASDAQ:PARA) plans to reduce its workforce by approximately 800 employees, or 3% of its total staff, as detailed by CEO Bob Bakish. This move aims to streamline operations and focus on strategic goals, despite the company's streaming service, Paramount+, reporting a $238 million loss in Q3. Paramount is also exploring merger and acquisition opportunities, including discussions with Skydance Media and Warner Bros. Discovery Inc (NASDAQ:WBD). PARA shares dropped 2.05% to $13.14. The company's 200-day moving average is $14.56, suggesting potential future stock movement predictions.

Portfolio Pulse from Anusuya Lahiri

February 13, 2024 | 5:57 pm

LCII

LCI Industries Inc (NYSE:LCII) reported a Q4 FY23 revenue of $837.5 million, a 6% decline Y/Y, missing consensus estimates by a slight margin. The decline was attributed to decreased North American marine production levels, lower selling prices, and reduced North American RV wholesale shipments. However, aftermarket net sales rose 10% Y/Y, and January 2024 net sales increased 13% Y/Y, mainly due to a 57% increase in North American RV production. The company also reported a gross profit increase and a positive operating profit, contrasting with the previous year's loss. Despite these positive indicators, LCII's EPS of $(0.09) missed consensus estimates. The company highlighted its new product launches and nearly $200 million in net new business commitments for 2024.

Portfolio Pulse from Lekha Gupta

February 13, 2024 | 5:51 pm

WM

Waste Management, Inc. (NYSE:WM) shares rose after reporting Q4 earnings that exceeded expectations, with adjusted earnings of $1.74 per share and quarterly sales of $5.22 billion. The company's strong performance is attributed to effective pricing and operating excellence programs, leading to a record adjusted margin of 29.9%. Waste Management anticipates adjusted operating EBITDA for 2024 to be between $6.275 billion and $6.425 billion, signaling continued growth.

Portfolio Pulse from Erica Kollmann

February 13, 2024 | 5:43 pm