Streetbeat News

Earnings

DVA

FMS

Fresenius Medical Care AG (NYSE:FMS) reported Q4 2023 revenue of €4.9 billion, nearly matching consensus estimates and showing flat year-over-year growth. Adjusted EPS increased by 4% to €0.88, surpassing consensus. The company treated 332,548 patients in 3,925 clinics worldwide and proposed a 6% dividend increase. For 2024, it expects low- to mid-single-digit revenue growth and mid- to high-teens operating income growth. Fresenius forecasts 0.5%-2% patient volume growth, slightly lower than DaVita Inc's (NYSE:DVA) 1%-2% expectations. FMS shares dropped 2.96% to $20.49.

Portfolio Pulse from Vandana Singh

February 20, 2024 | 6:17 pm

ROKU

Recent analysis of options activity for Roku (NASDAQ:ROKU) reveals a bearish sentiment among investors, with 65% of trades being bearish and 34% bullish. The options trades have focused on a price range of $50.0 to $120.0 for Roku. Notable trades include a mix of bearish, bullish, and neutral sentiments with varying expiration dates and strike prices. Roku, a leading streaming platform, has seen a recent price drop of -5.5%, with its stock currently trading at $68.04. The company is anticipated to release its earnings in 64 days.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 6:15 pm

AXSM

Axsome Therapeutics Inc (NASDAQ:AXSM) reported a Q4 2023 net loss of $(2.08) per share, missing consensus estimates and deeper than the previous year's $(1.41) per share. Despite this, Q4 revenues rose to $71.53 million from $24.37 million a year ago, beating consensus estimates of $67.69 million. The revenue increase was driven by sales of its oral antidepressant Auvelity and sleep disorder drug Sunosi, with significant year-over-year growth. The company also updated its pipeline milestones, including delays in new drug application submissions and clinical trial initiations.

Portfolio Pulse from Vandana Singh

February 20, 2024 | 6:05 pm

ADI

INDI

NVDA

Semiconductor companies Nvidia, Analog Devices, and indie Semiconductor are set to report earnings this week amidst a robust demand for AI infrastructure. Analyst John Vinh of KeyBanc Capital Markets expects Nvidia to outperform with strong earnings, driven by demand for H100 GPUs, while Analog Devices and indie Semiconductor are anticipated to report in-line results with slight adjustments due to market conditions. Shares of all three companies saw movements ahead of the earnings release.

Portfolio Pulse from Priya Nigam

February 20, 2024 | 6:02 pm

ANSS

Ansys (NASDAQ:ANSS) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts estimating an EPS of $3.71. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a 2.12% share price drop. Shares are currently trading at $329.85, up 23.77% over the last year. Investors are advised to watch for the company's guidance for future growth, which could significantly impact the stock price.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 6:02 pm

AVA

Avista (NYSE:AVA) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $1.14. The company's past performance shows a mix of earnings beats and misses, with the stock price reacting accordingly. Shares have significantly appreciated over the last year, trading at $33.57 as of February 19, marking a 326.39% increase over the 52-week period. Investors are keenly awaiting not just the earnings results but also the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 6:02 pm

AWR

American States Water (NYSE:AWR) is scheduled to release its quarterly earnings report on February 21, 2024, with an estimated EPS of $0.53. Investors are looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows a mix of misses and beats, with corresponding stock price changes. Shares are currently trading at $76.37, down 18.36% over the last 52 weeks, indicating potential concern among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 6:01 pm

BALY

Ballys (NYSE:BALY) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $-0.53. Despite past earnings misses, Ballys shares increased after the last report. Shares are currently trading at $11.01, down 47.34% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 6:01 pm

BELFB

Bel Fuse (NASDAQ:BELFB) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $1.41. The company's past performance shows a mix of earnings beats and misses, with significant price changes following the announcements. Shares are currently trading at $73.91, up 82.41% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 6:01 pm

BELFA

Bel Fuse (NASDAQ:BELFA) is scheduled to release its quarterly earnings report on February 21, 2024. Analysts predict an EPS of $1.38. Historical data shows significant stock price movements post-earnings announcements, with a 79.63% increase in share price over the last 52 weeks. Investors are keen on both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 6:01 pm