Streetbeat News

Earnings

AIG

American Intl Gr (NYSE:AIG) is scheduled to release its quarterly earnings report on February 13, 2024. Analysts predict an EPS of $1.65. The company's past performance shows a consistent beat on EPS estimates, leading to positive stock price movements. Shares are currently trading at $69.12, marking a 128.87% increase over the last 52 weeks. Investors are optimistic, especially considering the company's history of exceeding EPS expectations and the potential for positive future guidance.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:01 pm

AN

AutoNation (NYSE:AN) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $4.94. The company's past performance shows a mix of earnings beats and misses, with varying impacts on its stock price. Shares are currently trading at $152.17, up 9.47% over the last 52 weeks. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:01 pm

LYFT

Lyft (NASDAQ:LYFT) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $0.08. Despite past earnings beats, Lyft's stock has historically dropped following earnings announcements. Shares are currently trading at $13.03, up 21.38% over the last year. Investors are advised to pay attention to the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:00 pm

HOOD

Robinhood Markets (NASDAQ:HOOD) is scheduled to release its quarterly earnings report on February 13, 2024, with an estimated EPS of $-0.01. 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 price movements varying post-announcement. Currently, HOOD shares are trading at $11.55, marking a 17.69% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:00 pm

COOP

Mr. Cooper Group Inc (NASDAQ:COOP) has been evaluated by 5 analysts over the last three months, showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target for COOP has been raised to $81.6, reflecting a 5.97% increase from the previous target of $77. The company has shown strong financial performance with a notable revenue growth of 24.96% over the past 3 months, a net margin of 37.11%, and an ROE of 6.56%. Analysts from firms including Wedbush, Deutsche Bank, and Barclays have updated their ratings and price targets, indicating a positive outlook for COOP.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:00 pm

CRM

Salesforce (CRM) has been analyzed by 28 analysts, showing a shift towards more bullish sentiments with an increase in the average 12-month price target to $287.18 from $264.00. Analyst actions include ratings adjustments and price target changes, reflecting responses to market conditions and Salesforce's performance. The company's financial overview indicates a strong market position with solid revenue growth and net margin, despite challenges in ROE and ROA.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:00 pm

LRMR

Larimar Therapeutics shares dropped following the announcement of top-line data from the Phase 2 study of nomlabofusp in Friedreich's ataxia patients.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:58 pm

CAT

IWM

JEPQ

MPC

On CNBC's 'Halftime Report Final Trades,' experts highlighted their top stock picks, including JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Marathon Petroleum Corporation (MPC), iShares Russell 2000 ETF (IWM), and Caterpillar Inc. (CAT). Marathon Petroleum reported better-than-expected Q4 results with revenue of $36.82 billion and adjusted EPS of $3.98. Caterpillar also exceeded Q4 earnings expectations with revenue of $17.07 billion and adjusted EPS of $5.23. Following Caterpillar's earnings release, several firms raised their price targets on the stock. The mentioned assets experienced varied price movements on Friday.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 1:55 pm

KO

Coca-Cola (NYSE:KO) is anticipated to release its Q4 earnings on Feb. 13, 2024, with expected earnings of 49 cents per share and revenue of $10.68 billion, up from the previous year. Barclays analyst Lauren Lieberman has maintained an Overweight rating on KO, raising the price target from $60 to $66. Coca-Cola India is entering the ready-to-drink tea market with 'Honest Tea'. The company's dividend yield stands at 3.09%, with a quarterly dividend of 46 cents a share. To earn $500 monthly from dividends, an investor would need approximately 3,261 shares, valued around $194,225.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 1:52 pm

BMR

MGIH

MNDY

Monday.Com (MNDY) reported Q4 adjusted EPS of $0.65, surpassing the $0.32 estimate, with sales of $202.57M beating the $197.95M estimate. Millennium Group International (MGIH) shares surged 139% premarket after YC 1926 (BVI) Limited disclosed an 88.89% stake. Beamr (BMR) and NVIDIA announced a partnership to accelerate the adoption of the AV1 video standard.

Portfolio Pulse from ryanfaloona@benzinga.com

February 12, 2024 | 1:47 pm