Streetbeat News

Earnings

ASIX

AdvanSix (NYSE:ASIX) is scheduled to release its quarterly earnings report on February 16, 2024, with analysts expecting an EPS of $-0.21. The company's past earnings performance shows mixed results, with a notable miss last quarter leading to a 0.0% change in share price the following day. Over the last year, ASIX shares have declined by 36.34%, indicating potential concern among long-term shareholders ahead of this earnings release.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:00 pm

MMI

Marcus & Millichap (NYSE:MMI) is scheduled to release its quarterly earnings report on February 16, 2024, with analysts expecting an EPS of $-0.28. The company's past earnings performance shows mixed results with slight fluctuations in stock price post-earnings announcement. Shares of MMI have increased by 12.51% over the last 52 weeks, indicating a generally positive sentiment among long-term shareholders. Investors will be keenly watching for not just the earnings outcome but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:00 pm

BCPC

Balchem (NASDAQ:BCPC) is scheduled to release its quarterly earnings report on February 16, 2024, with an expected EPS of $0.93. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Balchem's past earnings performance shows a mix of beats and misses, with varying impacts on its stock price. Currently, shares are trading at $142.73, reflecting a 2.51% increase over the last 52 weeks. This performance indicates a generally positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:00 pm

GEL

Genesis Energy (NYSE:GEL) reported a Q4 EPS of $(0.08), a significant decrease from $0.15 YoY. However, sales increased to $774.10M from $714.04M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 2:59 pm

INOD

Wolfpack Research has issued a report on Innodata Inc. (NASDAQ:INOD), criticizing its AI claims as 'smoke and mirrors' and highlighting its reliance on manual data-entry and offshore labor. The report details INOD's low R&D spend, financial struggles, and insider stock sales, suggesting the company's stock will revert to its historical levels due to its inability to pivot to AI. It contrasts INOD's performance and investment in AI with that of its competitors and major tech companies, concluding that INOD's AI claims are misleading.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 2:52 pm

AUPH

Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) reported a Q4 2023 EPS loss of $(0.19), missing consensus estimates. Sales beat expectations at $45.1 million. The company will discontinue AUR200 and AUR300 R&D programs, expecting to save $50-$55 million annually. A strategic review found no buyers, leading to a $150 million stock buyback program. Aurinia reaffirms its 2024 revenue guidance of $200-$220 million. AUPH shares dropped 28.70% to $5.68.

Portfolio Pulse from Vandana Singh

February 15, 2024 | 2:51 pm

GOLD

Barrick Gold Corp (NYSE:GOLD) faces a technical bearish signal, the Death Cross, indicating potential downward trends despite strong Q4 earnings. The company outperformed expectations with $3.06 billion in revenue, increased gold and copper production, and an adjusted EPS of 27 cents. However, the stock has underperformed compared to gold spot prices and the S&P 500, with a 21% decline over the past year and a 22% drop YTD. Analysts remain optimistic, with BMO Capital setting a one-year price target of $27, suggesting a 90.27% upside.

Portfolio Pulse from Surbhi Jain

February 15, 2024 | 2:50 pm

CRWD

High-rolling investors have shown a bullish sentiment on CrowdStrike Holdings (NASDAQ:CRWD), with options trading data revealing a significant interest in the stock. Benzinga's options scanner identified 9 notable trades, with a majority being bullish. The trades suggest a price target range of $120 to $400 for CRWD. The company, known for its cloud-based cybersecurity solutions, has seen its stock price slightly increase by 0.26% to $335.43, with an upcoming earnings announcement in 19 days.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 2:47 pm

INTC

Financial giants have shown a mixed sentiment on Intel (NASDAQ:INTC), with options trading evenly split between bullish and bearish. Analysis of 14 unusual trades reveals a balance, with 2 puts and 12 calls. The trades suggest a price window of $21.0 to $50.0 for Intel. The largest trades include both bearish and bullish positions, with significant open interest and volume in options. Intel, a leading chipmaker, is currently trading at $44.86, up 1.52%, with an RSI indicating a neutral position. The anticipated earnings release is in 70 days.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 2:47 pm

MSTR

Whales have shown a mixed sentiment on MicroStrategy (NASDAQ:MSTR), with a bearish lean in their options trading. Benzinga's options scanner revealed 35 unusual trades, indicating a price target range of $200 to $1200 for MSTR. The volume and open interest analysis suggests significant activity in both calls and puts, with a notable split in sentiment. Currently, MSTR's stock is up by 2.87% at $792.0, potentially indicating an overbought condition. The company is expected to release earnings in 74 days.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 2:47 pm