Streetbeat News

Earnings

FSM

Fortuna Silver Mines (NYSE:FSM) is expected to report an EPS of $0.11 in its upcoming quarterly earnings on March 6, 2024. Analysts and investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter resulting in a 1.7% increase following an EPS beat. Shares are currently trading at $3.03, down 5.7% over the last year, indicating potential concern among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:01 pm

EHAB

Enhabit (NYSE:EHAB) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $0.03. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to varied stock price reactions. Shares of Enhabit were trading at $8.22 as of March 4, reflecting a 41.09% decline over the last 52 weeks. Investors are particularly focused on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:01 pm

APGE

Apogee Therapeutics Inc (NASDAQ:APGE) reported positive interim Phase 1 data for APG777, a treatment for moderate-to-severe atopic dermatitis and other inflammatory diseases, showing promising pharmacokinetic and pharmacodynamic results. The data supports potential for APG777 to be dosed once every three or six months. Apogee plans to initiate a Phase 2 trial in 2024, with topline data expected in 2H 2025. The company's strong cash position is expected to support operations into Q4 2026. APGE shares surged 48.70% to $62.01.

Portfolio Pulse from Vandana Singh

March 05, 2024 | 5:00 pm

OFS

OFS Capital shares are trading lower following the announcement of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 4:28 pm

DTSS

Datasea shares surged following the company's announcement of an expected revenue increase to $86 million in 2024, up significantly from $7 million in the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 4:28 pm

AMD

Advanced Micro Devices (AMD) CFO announced at the MS Conf that the AI accelerator market, in which AMD participates, surpassed $40 billion in 2023 and is expected to more than double in 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 4:28 pm

CGEN

Compugen's shares dropped following the announcement of their Q4 earnings per share (EPS) results, which fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 4:24 pm

ARBK

Argo Blockchain's stock is trading lower following a report of decreased mining revenue in February and the sale of its Mirabel, Quebec Data Center.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 4:21 pm

FERG

Ferguson Plc (NYSE:FERG) shares dropped after reporting Q2 earnings that missed analyst expectations. Earnings per share were $1.74, below the consensus of $1.84, and sales of $6.67 billion also fell short of the expected $6.76 billion. The company saw a decline in net sales in both the U.S. and Canada, with a 2.2% and 3.7% decrease respectively. Operating profit decreased by 13.1% to $477 million, and adjusted EBITDA fell to $568 million from $630 million year-over-year. Despite these results, Ferguson announced a quarterly dividend of $0.79 and completed share repurchases of $142 million. The company expects full-year 2024 sales to be flat and maintains its adjusted operating margin forecast.

Portfolio Pulse from Nabaparna Bhattacharya

March 05, 2024 | 4:20 pm

CRGY

Crescent Energy's stock is trading higher following the announcement of their Q4 earnings per share (EPS) and sales, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 4:05 pm