Streetbeat News

Earnings

DHI

D.R. Horton (NYSE:DHI) is expected to release its quarterly earnings report on Tuesday, 2024-01-23, with an estimated EPS of $2.88. Investors are looking for an earnings beat and positive guidance for future growth. Historically, D.R. Horton has had mixed post-earnings stock price movements. Shares are currently trading at $155.3, up 61.9% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

XNCR

Analysts have recently updated their ratings and price targets for Xencor (NASDAQ:XNCR), with 4 analysts offering opinions ranging from bullish to bearish. The average 12-month price target is now $38.00, down from $43.00, with a high estimate of $50.00 and a low of $32.00. Analysts from Mizuho, Guggenheim, RBC Capital, and Wedbush have all lowered their price targets. Xencor is a clinical-stage biopharmaceutical company with positive revenue growth and strong financial health indicators such as ROE and ROA, but with a revenue growth rate lower than the Health Care sector average.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

BKR

Baker Hughes (NASDAQ:BKR) is expected to release its quarterly earnings report on Tuesday, 2024-01-23, with analysts predicting an EPS of $0.48. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Baker Hughes' stock price has been sensitive to earnings performance and guidance. Last quarter, the company beat EPS estimates by $0.02, leading to a 2.94% stock price increase the following day. Over the past year, BKR shares have risen by 2.35%, trading at $30.7 as of January 19.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

LMT

Lockheed Martin (NYSE:LMT) is scheduled to report quarterly earnings on January 23, 2024. Analysts predict an EPS of $7.26. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows that LMT's stock price reacts more to guidance than earnings beats or misses. Last quarter, LMT beat the EPS estimate by $0.10, resulting in a 1.12% stock price increase the following day. Over the past year, LMT shares have risen 2.12%, with current trading at $457.76.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

GE

General Electric (NYSE:GE) is expected to report an EPS of $0.90 in its upcoming quarterly earnings on January 23, 2024. Investors are looking for an earnings beat and positive guidance for future growth. Despite beating EPS estimates in the past four quarters, GE's stock price dropped after three of those reports. Shares are currently trading at $129.81, with a 62.59% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) is compared with its peers in the Technology Hardware, Storage & Peripherals industry. SMCI has a lower P/E ratio than the industry average, suggesting growth potential at a reasonable price. However, its P/B and P/S ratios are higher, indicating possible overvaluation. SMCI's ROE is slightly below the industry average, and its EBITDA and gross profit are lower, suggesting financial challenges. Despite this, SMCI has a high revenue growth rate, outperforming its peers. The company's low debt-to-equity ratio indicates a strong financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

VZ

Verizon Communications (NYSE:VZ) is expected to release its quarterly earnings report on January 23, 2024, with an estimated EPS of $1.08. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Verizon's stock price has shown mixed reactions to earnings reports, with a slight drop following the last quarter's beat. Shares are currently trading at $39.33, down 1.99% over the past year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 4:00 pm

HIFS

Hingham Institution For Savings reported a year-over-year decrease in Q4 financial results, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 3:59 pm

PLTR

Palantir Technologies, Inc. (NYSE:PLTR) stock is trading higher, influenced by the broader market's strength after the S&P 500 hit a new all-time high. The company's recent board meeting in Tel Aviv and partnership with the Israeli military for technological support are also contributing factors. Palantir is experiencing heavy trading volume and is set to report Q4 financial results on February 5. The stock has risen 9.2% to $18.33.

Portfolio Pulse from Erica Kollmann

January 22, 2024 | 3:37 pm

GNS

Genius Group Ltd (NYSE:GNS) shares surged after the company provided strong FY24 guidance, projecting annual revenue of $58 million-$60 million, which is significantly higher than the consensus of $33.47 million. The expected revenue represents a 110% year-over-year increase, driven by growth in its AI-driven EdTech platform and entrepreneurial education courses. The company also anticipates an adjusted EBITDA of $2.5 million-$3.0 million and a 67% increase in student and user numbers to 9.5 million-10 million. Following revised FY23 guidance indicating 43% to 60% revenue growth, CEO Roger Hamilton emphasized the importance of technology and education in 2024. Additionally, Genius Group reported a 120.76% growth in first-half revenue compared to the previous year and recently closed an $8.25 million public offering. GNS shares rose 7.02% to $0.3125.

Portfolio Pulse from Lekha Gupta

January 22, 2024 | 3:16 pm