Streetbeat News

Earnings

UNFI

United Natural Foods (NYSE:UNFI) is scheduled to release its quarterly earnings report on 2024-03-06, with analysts expecting an EPS of $-0.01. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting accordingly. Investors will be keen on not just the earnings outcome but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:03 pm

VSEC

VSE Corporation (NASDAQ:VSEC) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $0.74. Historical data shows VSE has a mixed record of beating EPS estimates, with significant stock price movements following earnings announcements. Shares have risen 32.4% over the last year, indicating positive investor sentiment. The upcoming earnings and guidance will be crucial for short-term stock performance.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:03 pm

BRY

Berry Corp (NASDAQ:BRY) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $0.24. The company's past earnings performance shows mixed results, with a miss last quarter but a subsequent 1.31% increase in share price. Over the last year, BRY shares have declined by 26.11%, indicating potential concern among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:03 pm

RSI

Rush Street Interactive (NYSE:RSI) is scheduled to release its quarterly earnings report on March 6, 2024. Analysts predict an EPS of $-0.03. Historical data shows that RSI's stock price reacts positively to earnings beats and guidance. Last quarter, RSI beat the EPS estimate by $0.03, leading to a 6.21% stock price increase. Over the past year, RSI shares have risen by 52.76%, indicating bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:03 pm

INFN

Infinera (NASDAQ:INFN) is expected to report an EPS of $0.09 in its upcoming quarterly earnings on 2024-03-06. Historically, the company has had mixed earnings performance but managed a 6.57% share price increase after beating last quarter's EPS estimate. Shares are currently trading at $5.37, down 30.03% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:02 pm

ROST

Ross Stores, Inc. (NASDAQ:ROST) is set to announce its Q4 earnings on March 5, 2024, with expectations of earnings at $1.65 per share, up from $1.31 per share year-over-year, and revenue projected at $5.81 billion, up from $5.21 billion. Karen Fleming was named President and Chief Merchandising Officer of dd's DISCOUNTS, a subsidiary, effective April 1, 2024. The stock closed up 0.2% at $149.96. Analysts from UBS, Wells Fargo, BMO Capital, Gordon Haskett, and TD Cowen have provided updates on their ratings and price targets for Ross Stores.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 3:02 pm

STRA

Four analysts have recently updated their evaluations of Strategic Education (NASDAQ:STRA), showing a mix of bullish to indifferent sentiments. The average 12-month price target for STRA has increased by 20.8% to $120.5, with individual targets ranging from $110.00 to $125.00. This positive shift is supported by the company's strong financial performance, including a 12.14% revenue growth, a net margin of 12.93%, and an exceptional return on equity (ROE) of 2.41%. Strategic Education operates through Strayer University, Capella University, and Torrens University, offering high-quality education and job-ready skills training.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:02 pm

AISP

APGE

FUFU

QNRX

SBFM

TDUP

TGT

U.S. stocks traded lower with the Dow Jones falling over 100 points. Target Corp reported better-than-expected Q4 earnings, with revenue growth of 1.7% year-on-year to $31.92 billion and adjusted EPS of $2.98. Sunshine Biopharma, Airship AI Holdings, and Apogee Therapeutics saw significant stock price increases, while Quoin Pharmaceuticals, ThredUp Inc., and BitFuFu experienced notable declines. Oil and gold prices saw minor adjustments.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 3:01 pm

BF

Brown Forman Inc Class B Common Stock (NYSE:BF) is scheduled to release its quarterly earnings report on March 6, 2024, with an estimated EPS of $0.56. The company's past earnings performance shows mixed results with slight fluctuations in stock price post-earnings announcement. Shares are currently trading at $60.26, down 4.87% over the last 52 weeks. Investors are looking for a beat on the EPS estimate and positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:01 pm

AVAV

AeroVironment Inc (NASDAQ:AVAV) shares rose after reporting Q3 financial results that exceeded expectations, with revenue of $186.6 million and EPS of 63 cents, surpassing estimates. The company also provided an optimistic outlook for FY 2024, expecting revenue between $700 million and $710 million and adjusted earnings between $2.69 and $2.83 per share. AeroVironment's growth is driven by strong demand, particularly in the Loitering Munition Systems segment, and a solid funded backlog of $462.8 million.

Portfolio Pulse from Adam Eckert

March 05, 2024 | 2:47 pm