Streetbeat News

Earnings

LULU

Lululemon Athletica (NASDAQ:LULU) has seen a surge in options activity, with a bearish stance by whales. Analysis of 12 trades shows 75% bearish and 25% bullish sentiment. Notable options activity includes both calls and puts with a price window target from $455.0 to $760.0. LULU's current market status shows a slight price increase to $472.92, with potential overbought signals and an upcoming earnings release. Analyst ratings have been mixed, with a downgrade from Exane BNP Paribas and a lower rating from HSBC.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 4:31 pm

EFSH

1847 Holdings announced the restatement of financial statements for its ICU Eyewear Holdings subsidiary, leading to a reduced loss from operations and an increase in assets for 2022. This has caused its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 4:18 pm

LRMR

Larimar Therapeutics Inc (NASDAQ:LRMR) reported topline data from its Phase 2 study of nomlabofusp for Friedreich’s ataxia, showing dose-dependent increases in frataxin levels. Despite positive data, LRMR shares dropped 9.73% to $7.01. The company plans to discuss using tissue frataxin levels as a surrogate endpoint with the FDA for accelerated approval and has sufficient funds until Q1 2025.

Portfolio Pulse from Vandana Singh

February 12, 2024 | 4:06 pm

ES

Eversource Energy (NYSE:ES) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $0.97. The company's past earnings performance shows a mix of hits and misses against estimates, affecting its stock price variably. Shares are currently trading at $54.98, marking a 29.8% decline over the last year. Investors are looking for positive guidance for the next quarter, which could significantly impact the stock's short-term movement.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 4:02 pm

DDI

DoubleDown Interactive (NASDAQ:DDI) is scheduled to release its quarterly earnings report on February 13, 2024, with an estimated EPS of $0.52. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with share prices fluctuating post-announcement. Currently, DDI's shares are trading at $9.02, marking a 2.65% decline over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 4:02 pm

GDDY

GoDaddy (NYSE:GDDY) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $1.04. The company's past performance shows a pattern of beating EPS estimates, leading to significant share price movements. Shares are currently trading at $112.92, marking a 39.71% increase over the last 52 weeks. Investors are keenly awaiting the report and guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 4:02 pm

DENN

Denny's (NASDAQ:DENN) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $0.17. Investors are hopeful for a beat on this estimate and positive guidance for future growth. Despite beating EPS estimates in the past, Denny's stock has experienced mixed reactions, including a slight drop after the last earnings beat. Over the last year, Denny's shares have declined by 14.43%, indicating potential concern among long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 4:02 pm

LOPE

Grand Canyon Education (NASDAQ:LOPE) is scheduled to release its quarterly earnings report on February 13, 2024, with an estimated EPS of $2.72. Historical data shows the company has previously beaten EPS estimates, leading to significant share price movements. Shares are currently trading at $133.55, up 15.04% over the last 52 weeks, indicating a positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 4:02 pm

QDEL

QuidelOrtho (NASDAQ:QDEL) is scheduled to release its quarterly earnings report on February 13, 2024, with an expected EPS of $2.05. Historical data shows a mixed reaction to past earnings, with share prices fluctuating based on actual EPS and guidance. Shares are currently down 18.96% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 4:02 pm

REZI

Resideo Technologies (NYSE:REZI) is scheduled to release its quarterly earnings report on 2024-02-13, with analysts estimating an EPS of $0.43. The company's past earnings performance shows a mix of beats and misses, with the last quarter beating estimates by $0.14, leading to a 5.72% share price increase the following day. Over the last year, REZI shares have declined by 7.21%, indicating a bearish sentiment among long-term shareholders. Investors will be closely watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 4:02 pm