Streetbeat News

Earnings

FTK

Flotek Industries (NYSE:FTK) is scheduled to release its quarterly earnings report on March 12, 2024, with an estimated EPS of $0.09. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in an 11.27% drop. Shares are currently trading at $2.79, down 53.47% over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:01 pm

PHX

PHX Minerals (NYSE:PHX) is scheduled to release its quarterly earnings report on 2024-03-12, with analysts expecting an EPS of $0.04. The company's past earnings performance shows mixed results, with the last quarter missing EPS estimates by $0.00, leading to a 4.55% drop in share price. Over the last year, PHX shares have increased by 14.77%, trading at $3.04 as of March 08. Investors are looking for not only an earnings beat but also positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:01 pm

VERI

Veritone (NASDAQ:VERI) is scheduled to release its quarterly earnings report on March 12, 2024, with an expected EPS of $-0.15. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for future growth. Veritone's stock performance has been negative over the past year, with a 61.97% decline, and past earnings misses have led to significant price drops. The company's past earnings performance shows a pattern of not meeting EPS estimates, which has previously resulted in substantial share price volatility.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:01 pm

LCUT

Lifetime Brands (NASDAQ:LCUT) is scheduled to release its quarterly earnings report on 2024-03-12, with analysts expecting an EPS of $0.33. The company's past earnings performance shows mixed results with both beats and misses compared to estimates, affecting stock prices variably. Shares of LCUT have risen 76.3% over the last 52 weeks, indicating a positive outlook from long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

JNJ

Johnson & Johnson (JNJ) is analyzed against its peers in the Pharmaceuticals sector, showing potential undervaluation based on PE, PB, and PS ratios. Despite lower profitability indicators like ROE, EBITDA, and gross profit, JNJ exhibits strong revenue growth. The company's lower debt-to-equity ratio suggests a strong financial position. JNJ's divisions focus on pharmaceuticals, medical devices, and consumer products, with a divestiture planned for the consumer segment in 2023.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

KKR

A comparative study of KKR & Co (NYSE:KKR) against its competitors in the Capital Markets industry reveals KKR's strong financial performance and growth potential. With $552.8 billion in managed assets, KKR shows a lower PE and PB ratio suggesting undervaluation, a high PS ratio indicating potential overvaluation based on revenue, and a ROE slightly above the industry average. KKR's EBITDA is significantly above the industry average, indicating robust profitability. Despite a low gross profit margin, KKR's revenue growth far surpasses its peers, highlighting its market share expansion.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

DKS

Analyst ratings for Dick's Sporting Goods (NYSE:DKS) show a mix of bullish to bearish sentiments, with recent actions including rating upgrades and raised price targets. The average 12-month price target is now $187.0, up 20.18% from the previous $155.60. Analysts from B of A Securities, Telsey Advisory Group, Wells Fargo, and Truist Securities have raised their price targets, reflecting optimism about DKS's market position, revenue growth, and financial performance. Despite carrying substantial debt, DKS's strong profitability metrics like net margin, ROE, and ROA stand out in the Consumer Discretionary sector.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

LRCX

The article provides a detailed comparison of Lam Research (LRCX) against its competitors in the Semiconductors & Semiconductor Equipment industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Lam Research shows favorable growth potential with a lower P/E ratio than the industry average, but its P/B and P/S ratios suggest potential overvaluation. The company demonstrates strong profitability with higher EBITDA and gross profit compared to peers, but its revenue growth lags behind the industry average.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 4:00 pm

DUOL

Duolingo Inc (NASDAQ:DUOL) shares rose after reporting better-than-expected Q4 results, with JPMorgan highlighting its growth potential. Analyst Bryan Smilek initiated coverage with an Overweight rating and a $270 price target, citing sustainable revenue growth and strong user growth prospects driven by product optimizations and a social-first marketing strategy. Smilek also noted Duolingo's potential for long-term pricing power through premium GenAI-powered features.

Portfolio Pulse from Priya Nigam

March 11, 2024 | 3:44 pm

SILV

SilverCrest Metals Inc. (NYSE:SILV) shares surged after reporting Q4 2023 results with revenue of $61.3 million, beating the consensus of $44.1 million. The company also exceeded its sales guidance and AISC guidance for the year, with mine operating earnings of $36.9 million and an EPS of $0.24, surpassing the consensus of $0.10. CEO N. Eric Fier highlighted the successful first full year of commercial production at Las Chispas and the mobilization of a new underground mining contractor. FY24 outlook remains in line with previous forecasts, with SILV shares up 18% at $6.57.

Portfolio Pulse from Lekha Gupta

March 11, 2024 | 3:44 pm