Streetbeat News

Earnings

PSIX

Power Solutions International (PSIX) reported a 9% year-over-year increase in Q3 2024 revenue, driven by strong demand in the power system market. The company is shifting focus to high-growth sectors like data centers and oil and gas, improving its EBITDA margin by 470 basis points to 17.3%. Despite challenges in industrial and transportation markets, PSIX's strong margins and promising long-term outlook make it an attractive buying opportunity.

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December 13, 2024 | 7:30 pm

AVGO

Broadcom has reached a trillion-dollar market cap following its earnings report. The CNBC 'Halftime Report' Investment Committee is discussing trading strategies for the company.

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December 13, 2024 | 7:15 pm

NX

Quanex Building Products Corporation held its Q4 2024 earnings call, discussing financial results and company performance. Key participants included company executives and analysts from various research groups.

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December 13, 2024 | 7:00 pm

OXM

Oxford Industries reported a loss in Q3 and lowered its FY24 outlook due to weak consumer spending, inflation, hurricanes, global events, and a competitive market.

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December 13, 2024 | 6:45 pm

COST

Costco Wholesale exceeded earnings estimates for its fiscal first quarter despite raising subscription rates for the first time since 2017.

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December 13, 2024 | 6:45 pm

SMPL

Simply Good Foods (SMPL) has a strong track record of surpassing earnings estimates and is well-positioned to potentially exceed expectations in its upcoming quarterly report.

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December 13, 2024 | 6:30 pm

COST

Costco's stock price increased following its earnings report, driven by strong sales in its e-commerce business, particularly in discretionary items. Analysts remain positive about Costco despite its high stock price.

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December 13, 2024 | 6:30 pm

MTA

Metalla Royalty & Streaming (MTA) has been upgraded to a Zacks Rank #2 (Buy) due to growing optimism about its earnings prospects.

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December 13, 2024 | 6:30 pm

BYRN

Byrna Technologies (BYRN) shares are showing potential for upward movement due to positive revisions in earnings estimates.

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December 13, 2024 | 6:30 pm

SPRB

Spruce Biosciences (SPRB) has been upgraded to a Zacks Rank #2 (Buy) due to growing optimism about its earnings prospects, suggesting potential upward movement in its stock price.

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December 13, 2024 | 6:30 pm