Streetbeat News

Earnings

LSXMA

Liberty SiriusXM Gr (NASDAQ:LSXMA) is scheduled to release its quarterly earnings report on February 28, 2024, with analysts estimating an EPS of $0.52. The company's past earnings performance shows mixed results, with a notable beat last quarter but a 0.0% change in share price the following day. Shares have risen 30.77% over the last 52 weeks, indicating a positive outlook from long-term shareholders. Investors will be keenly watching for the earnings outcome and any forward guidance provided.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:00 pm

AMD

An in-depth analysis comparing Advanced Micro Devices (AMD) with its competitors in the Semiconductors & Semiconductor Equipment industry reveals AMD's financial metrics and market positioning. AMD's PE ratio is significantly higher than the industry average, indicating overvaluation, while its PB ratio suggests potential undervaluation. The company's ROE, EBITDA, gross profit, and revenue growth are below the industry average, highlighting potential financial performance issues. AMD's lower debt-to-equity ratio compared to its top 4 peers suggests a stronger financial position.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:00 pm

AAPL

A comprehensive comparison of Apple (AAPL) against its competitors in the Technology Hardware, Storage & Peripherals industry reveals Apple's potential undervaluation based on its PE ratio, premium valuation in terms of PB and PS ratios, strong profitability indicated by high ROE, EBITDA, and gross profit, but concerns over its lower revenue growth compared to industry peers.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 4:00 pm

FOUR

Shift4 Payments' stock is trading higher following the announcement of their Q4 results and the issuance of their FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:00 pm

DK

Delek US Holdings shares are trading lower after the company reported mixed results for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:58 pm

BBAI

BigBear.ai, Inc. (NYSE:BBAI) shares have surged over 50% in the past two days, possibly due to volatility among AI companies following Nvidia's earnings report. Analyst Yi Fu Lee of Cantor Fitzgerald maintained an Overweight rating and a $3 price target. The stock's movement is also attributed to heavy trading volume and a high short interest of 17.97%. BigBear.ai is expected to report Q4 financial results with estimated losses of 5 cents per share and revenue of $41.74 million. The company's past 5-year annualized stock performance is -24.01%, projecting a potential future price of $0.78 based on trend analysis.

Portfolio Pulse from Erica Kollmann

February 27, 2024 | 3:56 pm

CARG

CarGurus, Inc. (NASDAQ:CARG) shares fell after reporting Q4 FY23 results with a 22% Y/Y revenue decline to $223.1 million, though it beat the consensus. U.S. Marketplace revenue rose 9%, while Digital Wholesale revenue dropped 66%. Adjusted gross profit and EBITDA saw significant increases. The company repurchased $99.9 million in shares. Q1 FY24 EPS and revenue forecasts are below consensus estimates. The acquisition of CarOffer aims to expand the digital wholesale market presence.

Portfolio Pulse from Lekha Gupta

February 27, 2024 | 3:49 pm

U

Unity Software Inc (NYSE:U) experienced a significant drop in early trading on Tuesday following a higher-than-expected loss for Q4. Analysts from Piper Sandler, Needham, Wedbush, Oppenheimer, and Goldman Sachs provided mixed reviews, adjusting their ratings and price targets based on the company's performance and strategic reset. The reset, aimed at addressing various challenges including competition and market declines, has led to a revised revenue growth outlook and concerns over the company's future performance.

Portfolio Pulse from Priya Nigam

February 27, 2024 | 3:42 pm

LI

Li Auto shares surged following the announcement of better-than-expected Q4 results and a significant year-over-year increase in deliveries.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:36 pm

CEG

Constellation Energy's shares saw an increase following the announcement of their Q4 revenue, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:34 pm