Streetbeat News

Earnings

ALK

Alaska Air Gr (NYSE:ALK) is scheduled to release its quarterly earnings report on Thursday, 2024-01-25. Analysts predict an EPS of $0.18. Investors are looking for an earnings beat and positive guidance for future growth. Historically, ALK's stock price has shown sensitivity to earnings performance and guidance. Last quarter, ALK missed EPS estimates by $0.03, resulting in a 0.44% share price drop the following day. Over the past year, ALK shares have declined by 29.45%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 3:01 pm

WSFS

WSFS Financial (NASDAQ:WSFS) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $1.05. Investors are looking for an earnings beat and positive guidance for future growth. Historically, WSFS's stock price has shown varied reactions to past earnings performances, with the last quarter resulting in a 0.44% increase after beating EPS estimates. Currently, WSFS shares are trading at $45.41, down 1.63% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 3:01 pm

OLN

Olin Corporation (NYSE:OLN) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.19. Investors are looking for an earnings beat and positive guidance for future growth. Olin's stock performance has been negative over the past year, with shares down 11.82%. The company's past earnings have shown mixed results in terms of stock price reaction, with the last quarter's beat resulting in a 9.03% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 3:01 pm

EBC

Eastern Bankshares (NASDAQ:EBC) is expected to report Q4 earnings on January 25, 2024, with an estimated EPS of $0.20. Investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows mixed results with both beats and misses, sometimes followed by significant stock price changes. Over the last year, EBC shares have declined by 19.73%, indicating potential concern among long-term shareholders ahead of the earnings report.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 3:00 pm

SFNC

Shares of Simmons First National Corporation (SFNC) are trading higher after the company reported its fourth-quarter earnings.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:59 pm

KMB

Kimberly-Clark's stock is trading lower due to the company reporting Q4 financial results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:49 pm

JMSB

The Bank of Canada has maintained its interest rate at 5%, in line with expectations and unchanged from the previous rate. John Marshall Bancorp (NASDAQ:JMSB) reported a significant decrease in quarterly earnings, with $0.32 per share, a 44.83% drop from $0.58 per share in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:45 pm

ANVS

DWAC

EVAX

GETR

NFLX

SPRC

U.S. stocks opened higher with the Dow Jones gaining over 100 points. Netflix, Inc. (NASDAQ:NFLX) reported Q4 sales that exceeded expectations, with revenue of $8.83 billion and 13.12 million new subscribers, despite missing EPS estimates. Getaround, Inc. (NYSE:GETR) surged 155% after announcing a debt facility with Mudrick Capital. Evaxion Biotech (NASDAQ:EVAX) rose 72% due to Merck's 11.4% stake. SciSparc Ltd. (NASDAQ:SPRC) gained 45% after revealing a $20 million equity purchase agreement. Digital World Acquisition Corp. (NASDAQ:DWAC) fell 14% amid its merger with Trump Media. Annovis Bio, Inc. (NASDAQ:ANVS) dropped 15% after postponing Phase III study data. DuPont de Nemours, Inc. (NYSE:DD) declined 12% after preliminary results and guidance. Oil and gold prices increased, while Asian markets closed mostly higher.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 2:43 pm

AAL

ATKR

MDU

TWI

UAL

Benzinga Insights identifies value stocks in the industrials sector with low P/E ratios, suggesting potential undervaluation. American Airlines (AAL), MDU Resources (MDU), United Airlines (UAL), Titan Intl (TWI), and Atkore (ATKR) are highlighted. AAL and UAL saw decreases in EPS, while MDU maintained its EPS. TWI and ATKR also experienced EPS declines. Dividend yields have increased for AAL, MDU, and TWI. Investing in value stocks carries the risk that they may not rebound.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:41 pm

TEL

TE Connectivity's stock is trading higher following the release of their mixed Q1 financial results and the issuance of future guidance. The company's performance and outlook seem to have positively influenced investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:38 pm