Streetbeat News

Earnings

BTE

Baytex Energy is seeing improved results following its acquisition of Ranger Oil. The costs associated with the acquisition are diminishing, and production from Clearwater is increasing as expected. This positions the company to potentially exceed industry earnings expectations.

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November 18, 2024 | 12:45 am

GAMB

Gambling.com Group (GAMB) experienced a significant post-earnings rally, with shares rising over 20% following a strong quarterly earnings report. Despite a slight pullback, there are indications that the stock could continue to see positive movement due to several catalysts.

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November 17, 2024 | 9:45 pm

AIRG

Airgain, Inc. (NASDAQ: AIRG) has experienced a 220% increase in stock price over the past year due to strong sales in consumer and automotive markets. However, the company faces challenges with profitability, negative cash flow, and enterprise market difficulties, alongside high operating expenses and macroeconomic pressures.

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November 17, 2024 | 9:30 pm

APPN

Appian Corporation (APPN) exceeded third-quarter earnings expectations with a 22% year-over-year increase, surpassing both top and bottom lines. CEO Matt Calkins attributes this success to a focus on profitability, securing large deals, and advancements in agentic AI.

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November 17, 2024 | 9:15 pm

WOLF

Wolfspeed, Inc. is under investigation by Levi & Korsinsky for potential federal securities law violations. The investigation follows an earnings call revealing a slowdown in growth at its Mohawk Valley facility, indicating demand challenges.

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November 17, 2024 | 7:15 pm

DE

LOW

NVDA

SNOW

TGT

WMT

Nvidia, Walmart, Target, Snowflake, Deere, and Lowe's are set to report their quarterly earnings this week. Investors should watch these stocks closely as earnings reports can significantly impact stock prices.

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November 17, 2024 | 7:15 pm

LII

Lennox International is expected to see a 12.36% share price increase due to strong recent results and a successful transformation plan. The company has significantly increased its net income from $51 million in 2009 to $590 million in 2023, with projections of $645 million for this year. Lennox's Q3 earnings exceeded estimates, demonstrating double-digit revenue growth and progress on its Lennox Unified Management System.

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November 17, 2024 | 6:15 pm

LOW

Lowe's Companies has been downgraded from 'buy' to 'hold' due to weak demand and rising valuation. Recent economic conditions and the sale of its Canadian business have negatively impacted its financials, with further declines expected in Q3 2024.

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November 17, 2024 | 6:00 pm

NMFC

New Mountain Finance has lowered its supplemental dividend to $0.01 per share and paused the program due to declining net investment income. The dividend pay-out ratio has increased to 97%, raising concerns about a potential future dividend cut. The stock has been downgraded to 'Hold' due to a narrower margin of safety and expected lower net investment income.

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November 17, 2024 | 6:00 pm

SNDVF

Scandinavian Tobacco Group A/S held its Q3 2024 earnings call, discussing financial results and company performance. Key participants included the CEO, CFO, and other executives.

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November 17, 2024 | 5:45 pm