Streetbeat News

Earnings

NKTR

Nektar Therapeutics (NASDAQ:NKTR) is scheduled to release its quarterly earnings report on March 4, 2024, with an expected EPS of $-0.21. Despite beating the EPS estimate last quarter by $0.01, NKTR's stock dropped by 8.76% the following day. Historically, the company's earnings performance has led to mixed stock price reactions. Currently trading at $0.71, NKTR shares have declined by 49.2% over the last year, indicating a bearish outlook among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 4:00 pm

EKSO

Ekso Bionics Holdings (NASDAQ:EKSO) is set to release its quarterly earnings report on Monday, 2024-03-04, with an estimated EPS of $-0.11. Historical data shows the company has previously beaten EPS estimates, leading to share price increases. Shares are currently trading at $1.9, up 33.25% over the last 52 weeks, indicating a positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 4:00 pm

SCM

Stellus Cap Investment (NYSE:SCM) is scheduled to release its quarterly earnings report on March 4, 2024, with analysts expecting an EPS of $0.45. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing a subsequent drop in share price. Over the last year, SCM shares have declined by 16.93%, indicating a bearish outlook among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 4:00 pm

AMZN

The analysis of Amazon.com (AMZN) in the Broadline Retail industry reveals it is priced at a premium with high PE, PB, and PS ratios compared to industry averages. Despite this, Amazon demonstrates strong profitability and operational efficiency with higher ROE, EBITDA, and gross profit. However, its revenue growth is lower than the industry average, raising concerns about future performance.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 4:00 pm

PEP

PepsiCo Inc (NASDAQ:PEP) has launched its first major global logo redesign in fourteen years, now live in over 120 countries. The new logo, which includes modern elements and a refreshed color palette, aims to embody the brand's 'Thirsty for More' platform. Despite generating over $91 billion in net revenue in 2023, Pepsi's Q4 FY23 sales of $27.85 billion fell short of the $28.40 billion estimate. The company also announced a 7% dividend increase to $5.42 per share, payable in June 2024. PEP shares dropped by 0.99% to $163.71.

Portfolio Pulse from Shivani Kumaresan

March 01, 2024 | 3:55 pm

DMTK

DermTech shares are trading lower following the announcement of Q4 revenue results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:53 pm

REAL

The RealReal shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic revenue guidance for Q1 and the full year 2024.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:49 pm

BYND

Beyond Meat was unable to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, by the deadline due to technical difficulties. The company aims to file the report by March 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:34 pm

BIVI

BioVie Inc (NASDAQ:BIVI) shares surged after announcing two presentations at the International Conference on Alzheimer’s and Parkinson’s Diseases 2024. The company reported significant improvements in non-motor and motor symptoms for Parkinson’s Disease patients treated with NE3107, based on phase 2a study data. Additionally, phase 3 trial outcomes for NE3107 in Alzheimer’s disease showed promising directional data despite missing statistical significance due to protocol violations. BIVI shares are up 176.7% at $3.45 in premarket trading.

Portfolio Pulse from Vandana Singh

March 01, 2024 | 3:21 pm

WMG

Warner Music Gr (NASDAQ:WMG) announced a dividend payout of $0.17 per share with an annualized yield of 1.90%, payable on March 01, 2024, to shareholders of record as of February 22, 2024. The company has shown a consistent increase in dividend per share from $0.54 in 2021 to $0.66 in 2023, alongside a growth in earnings per share from $0.77 to $1.03 over the same period, indicating strong financial health and a focus on enhancing shareholder returns.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:05 pm