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Earnings

COF

DFS

Capital One Financial Corp (NYSE:COF) is considering acquiring Discover Financial Services (NYSE:DFS) to enhance its credit card offerings. Despite Discover's recent 62% drop in Q4 earnings and compliance issues, Capital One sees value in the acquisition. Discover's stock has declined 1.7% this year, valuing it at $27.6 billion, while Capital One's market cap is $52.2 billion. The outcome of these deliberations is uncertain, and both companies have not commented.

Portfolio Pulse from Surbhi Jain

February 19, 2024 | 5:38 pm

CPOP

GXAI

ROKU

TDS

In Monday's intraday session, several Communication Services stocks experienced significant movements. Gaxos.AI, Pop Culture Gr, MoneyHero, WiMi Hologram Cloud, Zedge, and MultiMetaVerse Holdings were among the gainers with notable percentage increases in their stock prices. On the downside, Roku, Telephone and Data, 9F, United States Cellular, Yelp, and Charge Enterprises saw substantial declines. The movements were largely attributed to recent earnings reports for some companies.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:30 pm

AMN

APLT

PACB

In Monday's intraday session, several healthcare stocks experienced significant movements. Notably, Applied Therapeutics, Universe Pharmaceuticals, Modular Medical, Equillium, Phathom Pharmaceuticals, and Sangamo Therapeutics saw substantial gains, with increases ranging from 31.42% to 42.5%. On the downside, AMN Healthcare Services, BioSig Technologies, Cross Country Healthcare, Inventiva, T2 Biosystems, and Pacific Biosciences faced declines between 14.02% and 20.7%. These movements were influenced by recent earnings reports and market valuations.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:30 pm

BLZE

DBX

HOLO

In Monday's intraday session, several Information Technology stocks experienced significant movements. MicroCloud Hologram (HOLO) led the gainers with a 123.7% increase, while Dropbox (DBX) saw the largest decline among the losers, dropping 23.2%. Notably, Backblaze (BLZE) rose 44.53% following its Q4 earnings report released two days ago. Other notable movers included Bit Origin (BTOG), Infobird Co (IFBD), and NOVONIX (NVX) on the gainers' side, and Super Micro Computer (SMCI) and Unusual Machines (UMAC) among the losers.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:30 pm

SKWD

Skyward Specialty (NASDAQ:SKWD) is scheduled to release its quarterly earnings report on February 20, 2024, with an estimated EPS of $0.57. Historically, the company has surpassed EPS estimates, leading to significant share price increases. Shares are currently trading at $33.33, reflecting a 79.4% increase over the last 52 weeks. Investors are advised to pay attention to both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:02 pm

TCMD

Tactile Systems Tech (NASDAQ:TCMD) is scheduled to release its quarterly earnings report on February 20, 2024, with an estimated EPS of $0.22. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Despite beating EPS estimates in the past, TCMD's stock price has shown volatility post-earnings announcements. Shares are currently trading at $15.28, reflecting a 13.19% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:02 pm

TDOC

Teladoc Health (NYSE:TDOC) is scheduled to release its quarterly earnings report on February 20, 2024, with an expected EPS of $-0.21. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows mixed reactions to past earnings reports, with share price movements varying post-announcement. Currently, TDOC shares are trading at $17.99, reflecting a 26.31% decline over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:01 pm

TRTX

TPG RE Finance Trust (NYSE:TRTX) is scheduled to release its quarterly earnings report on February 20, 2024, with an estimated EPS of $-0.17. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to significant price changes. Shares of TRTX were trading at $5.62 as of February 15, down 26.43% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:01 pm

WLKP

Westlake Chemical (NYSE:WLKP) is scheduled to release its quarterly earnings report on February 20, 2024, with analysts expecting an EPS of $0.45. The company's past earnings performance shows a mix of misses and beats, with the stock price reacting accordingly. Shares have been trading at $22.25 as of February 15, marking a 5.06% decline over the last 52 weeks. Investors are looking for positive guidance for the next quarter beyond the EPS figures.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:01 pm

WTTR

Select Energy Services (NYSE:WTTR) is scheduled to release its quarterly earnings report on 2024-02-20, with analysts expecting an EPS of $0.15. The company's past earnings performance shows a mix of misses and beats, with the share price reacting variably. Shares are currently trading at $7.89, down 2.12% over the last 52 weeks. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 5:01 pm