Streetbeat News

Earnings

OTCM

OTC Markets Group (OTC:OTCM) is scheduled to release its quarterly earnings report on March 6, 2024. Analysts predict an EPS of $0.65. The company's historical performance shows a pattern of beating EPS estimates but experiencing slight drops in share price following the announcements. Shares are currently trading at $57.41, with a 1.88% increase over the last year. Investors are looking for positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 6:01 pm

ANIP

ANI Pharmaceuticals (NASDAQ:ANIP) has been evaluated by 4 analysts in the past three months, showing a bullish trend with an increase in the average 12-month price target to $78.00 from $71.25. The company's financial performance indicates strong growth, with a revenue increase of 57.27% as of September 30, 2023, and outperforming net margin and ROE metrics. Analysts from Guggenheim, HC Wainwright & Co., and Truist Securities have raised their price targets, reflecting positive market conditions and company performance.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 6:01 pm

TDCX

TDCX (NYSE:TDCX) is scheduled to release its quarterly earnings report on March 6, 2024, with an estimated EPS of $0.09. The company's past earnings performance shows mixed results, with a notable miss last quarter leading to a 0.6% drop in share price. Over the last year, TDCX shares have declined by 41.64%, indicating potential concern among long-term shareholders ahead of this earnings announcement.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 6:01 pm

BYDDY

NIO

TSLA

XPEV

EV deliveries in China continue to decline, impacting shares of major EV manufacturers. Nio, XPeng, Li Auto, Tesla, and BYD all experienced significant share price drops following the release of February delivery figures by the China Passenger Car Association. Tesla and BYD's shipments decreased, with Tesla hitting its lowest level since December 2022 and BYD since May 2022. Li Auto, despite a YoY rise, saw a month-on-month drop, as did Nio and XPeng. Nio's Q4 results showed widened losses and a disappointing outlook, contrasting with XPeng and Li Auto's profitability. The intense competition and price war in the EV market in China are highlighted.

Portfolio Pulse from Upwallstreet

March 05, 2024 | 5:49 pm

CRD

MBI

Insurance stocks showed notable movements in Tuesday's intraday session. MBIA, Fanhua, Maiden Holdings, Lincoln National, Tiptree, and F&G Annuities & Life were among the gainers, with increases ranging from 2.23% to 3.7%. Conversely, Crawford, Cheche Group, Reliance Global Group, Lemonade, Conifer Holdings, and Hippo Holdings experienced declines, with Crawford dropping significantly by 25.09%. The movements were highlighted alongside recent earnings reports for some companies.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:41 pm

REAL

SFIX

TDUP

In Tuesday's intraday session, several consumer discretionary stocks experienced significant movements. RealReal, Interactive Strength, SRIVARU Holding, Jowell Global, and Yunji saw their stock prices increase, with RealReal leading the gainers. On the other hand, ThredUp, JOANN, ZHONGCHAO, Stitch Fix, Hour Loop, and Connexa Sports Techs faced declines, with ThredUp experiencing the largest drop. These movements were influenced by recent earnings reports and market valuations.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:33 pm

AVAV

CECO

VATE

VSTE

In Tuesday's intraday session, several industrials stocks experienced significant movements. Vast Renewables, AeroVironment, Innovate, Astra Space, JanOne, and Pineapple Energy saw notable gains, with increases ranging from 16.74% to 31.0%. Conversely, Nocera, Sidus Space, CECO Environmental, Powell Industries, Satellogic, and Roma Green Finance faced declines between 11.33% and 17.0%. The movements were attributed to various factors, including recent earnings reports for AeroVironment, Innovate, and CECO Environmental.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:33 pm

AISP

ARBK

DAVE

DTSS

GTLB

SEMR

In Tuesday's intraday session, several information technology stocks experienced significant movements. Notably, Datasea, Airship AI Holdings, and Dave saw substantial gains, with increases of 86.1%, 84.85%, and 56.57% respectively. On the downside, SEMrush Holdings, GitLab, and Argo Blockchain faced notable declines. The movements were largely attributed to recent earnings releases for some companies.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:33 pm

MDB

MongoDB, Inc. (NASDAQ:MDB) shares have declined over 10% in the past five days, attributed to Nasdaq's weakness. Despite this, MongoDB's stock has surged over 80% in the past year, driven by the growing adoption of artificial intelligence and the expansion of its Atlas data platform to new cloud regions. Guggenheim maintains a Sell rating but raised its price target from $250 to $272. MongoDB is expected to report Q4 earnings of 47 cents per share and revenue of $433.831 million. The company's long-term stock performance suggests a potential future price of $1771.85.

Portfolio Pulse from Erica Kollmann

March 05, 2024 | 5:25 pm

AXGN

Axogen's shares have declined following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 5:23 pm