Streetbeat News

Earnings

PFGC

Performance Food Gr (NYSE:PFGC) is set to release its quarterly earnings report on 2024-02-07, with analysts estimating an EPS of $0.92. Historical data shows the company has previously beaten EPS estimates, leading to varying stock price changes. Shares are currently trading at $73.23, up 22.64% over the last 52 weeks. Investors are advised to watch for the earnings outcome and particularly the company's guidance for future quarters.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:02 pm

RRR

Red Rock Resorts (NASDAQ:RRR) is anticipated to report an EPS of $0.51 in its upcoming quarterly earnings on 2024-02-07. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. Historical data shows a mixed reaction to past earnings, with share price movements varying post-announcement. Currently, RRR shares are trading at $54.06, marking a 17.19% increase over the last 52 weeks, indicating a positive sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:02 pm

CMRE

Costamare (NYSE:CMRE) is scheduled to release its quarterly earnings report on February 7, 2024, with an estimated EPS of $0.66. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for future growth. Despite missing the EPS estimate last quarter by $0.20, Costamare's stock price increased by 6.79% the following day. Historical data shows mixed reactions to past earnings reports. Currently, shares are trading at $10.28, marking a 3.3% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:02 pm

FLNC

Fluence Energy (NASDAQ:FLNC) is scheduled to release its quarterly earnings report on February 7, 2024, with analysts expecting an EPS of $-0.13. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 23.78% increase. Shares are currently trading at $18.48, down 13.71% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:02 pm

WYNN

Wynn Resorts (NASDAQ:WYNN) is anticipated to report a quarterly EPS of $1.14 on February 7, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price post-earnings announcements. Currently, WYNN shares are trading at $97.49, with a 3.92% decline over the last year.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:02 pm

META

SNAP

Snap, Inc. (NYSE:SNAP) is experiencing a rise in stock price ahead of its Q4 earnings report, following a workforce reduction announcement and positive anticipation built from Meta Platforms, Inc.'s (NASDAQ:META) earnings. Snap plans to cut 528 employees, incurring severance costs between $55 million and $75 million, with the majority expected in Q1 2024. The company is set to release its earnings, with an expected EPS of 6 cents and revenue of $1.375 billion. Snap's stock is trading above its 50-day moving average and near its 52-week high.

Portfolio Pulse from Erica Kollmann

February 06, 2024 | 4:01 pm

V

Visa (NYSE:V) is analyzed in comparison to its competitors in the Financial Services industry, focusing on financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Visa stands out with a lower P/E ratio suggesting potential value, but its P/B and P/S ratios indicate possible overvaluation. Its ROE, EBITDA, and gross profit are significantly above the industry average, showcasing strong profitability. However, Visa's revenue growth is below the industry average, indicating slower expansion.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:00 pm

AXS

Axis Capital Holdings (NYSE:AXS) has been analyzed by 4 analysts, showing a diverse range of perspectives with recent ratings ranging from bullish to bearish. The average 12-month price target is $68.75, indicating a 6.18% increase from the previous target of $64.75. Analysts from Keefe, Bruyette & Woods, UBS, and Wells Fargo have adjusted their price targets and ratings, reflecting a dynamic view on the company's performance. Despite the positive adjustments in analyst ratings, Axis Capital Holdings faces financial challenges, including a -4.96% decline in revenue growth, a net margin of -10.64%, and an ROE of -3.27%, indicating potential difficulties in maintaining profitability and efficiently utilizing assets.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:00 pm

UNH

UnitedHealth Group (UNH) is analyzed against its peers in the Health Care Providers & Services industry, showing potential for growth with a lower PE ratio, higher profitability indicators like ROE, EBITDA, and gross profit, but lower revenue growth. The company's financial health is deemed moderate with a balanced debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 4:00 pm

CNC

Centene Corporation (NYSE:CNC) reported a Q4 net profit of $45M, turning around from a previous year's loss, with sales up 11% Y/Y to $39.5B, beating consensus. Membership growth in the Marketplace business contributed to a 5% increase in premium and service revenues to $35.3B. The company's adjusted EPS was $0.45, down from $0.86 but above consensus. The health benefits ratio increased slightly. Centene also raised its 2024 revenue guidance to $134.5B-$137.5B and reiterated its adjusted EPS guidance. CNC shares rose 0.87% to $74.72.

Portfolio Pulse from Vandana Singh

February 06, 2024 | 3:58 pm