Streetbeat News

Earnings

FSTR

L.B. Foster Company has reaffirmed its financial targets for fiscal year 2025, aiming for around $600 million in sales and $50 million in EBITDA.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:10 pm

BARK

FWRG

SFIX

TDUP

ZCMD

In Tuesday's pre-market session, several consumer discretionary stocks showed significant movement. Notably, Yunji, ZHONGCHAO, BARK, First Watch Restaurant Group, SRIVARU Holding, and Nerdy experienced gains, with First Watch Restaurant Group's Q4 earnings release contributing to its rise. Conversely, Stitch Fix, ThredUp, Jumia Technologies, Amer Sports, SharpLink Gaming, and Gaotu Techedu saw declines, with Stitch Fix and ThredUp's drops attributed to their recent Q2 and Q4 earnings releases, respectively.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 1:10 pm

BIMI

CASI

LIPO

QNRX

RGNX

SBFM

In Tuesday's pre-market session, health care stocks showed significant movement. Sunshine Biopharma, CASI Pharmaceuticals, and Regenxbio were among the top gainers, with increases of 55.9%, 47.68%, and 37.17% respectively. On the downside, Lipella Pharmaceuticals, BIMI Intl Medical, and Quoin Pharmaceuticals led the losers, with declines of 32.0%, 31.16%, and 30.01% respectively. The movements reflect varying market capitalizations and recent earnings reports for some companies.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 1:09 pm

AVAV

BGLC

BWEN

VVX

In Tuesday's pre-market session, several industrials stocks showed notable movements. AeroVironment (AVAV) led the gainers with an 18.0% increase following its Q3 earnings report, while BioNexus Gene Lab (BGLC) led the losers, dropping 12.1%. Other notable movements included Momentus (MNTS), WANG & LEE Group (WLGS), and Energy Focus (EFOI) among the gainers, and FGI Industries (FGI), MingZhu Logistics Hldgs (YGMZ), and Sidus Space (SIDU) among the losers.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 1:09 pm

DSP

GTLB

PHUN

In Tuesday's pre-market session, several Information Technology stocks showed significant movement. Notably, Phunware, Viant Technology, BigBear.ai Holdings, Casa Systems, Cipher Mining, and Dave reported gains, with Phunware leading at a 20.0% increase. Conversely, GitLab, SEMrush Holdings, Presto Automation, SmartRent, Wetouch Technology, and Argo Blockchain experienced declines, with GitLab seeing the largest drop of 20.8%. The movements were largely attributed to the release of Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 1:09 pm

VLGEA

Village Super Market (NASDAQ:VLGEA) reported a 14.12% increase in Q2 EPS to $0.97 from $0.85 YoY and a 2.08% increase in sales to $575.58M from $563.87M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:09 pm

FSTR

L.B. Foster Company projects FY24 net sales to range between $525M-$560M, falling short of the $572.12M estimate. The company also anticipates its adjusted EBITDA to be between $34M-$39M.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:08 pm

PAY

Paymentus Holdings, Inc. (PAY) shares surged 18.3% in pre-market trading after reporting Q4 earnings and sales that exceeded analyst expectations. Other stocks showed significant movement in pre-market trading due to various factors including earnings reports, contract awards, and market volatility.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 1:06 pm

SMRT

SmartRent forecasts its Q1 total revenue to be between $47M-$53M, falling short of the estimated $64.92M. For 2024, the company projects revenues of $260M-$290M, slightly below the estimated $289.256M.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:06 pm

DSP

Viant Technology (NASDAQ:DSP) exceeded Q4 adjusted earnings expectations and provided Q1 revenue guidance above estimates. Despite missing Q4 sales estimates, the company's adjusted earnings were 14 cents per share against expected losses. Q1 revenue is forecasted between $49 million to $52 million, surpassing the $48.224 million estimate. The company's focus on cookie-free advertising solutions and AI product suite has driven growth. Following the report, Viant's shares rose 1.3%, and analysts from Needham and Canaccord Genuity adjusted their price targets upwards.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 1:05 pm