Streetbeat News

Earnings

C

Citi CEO announced at the RBC Capital Markets Conference that the bank's first quarter results are expected to be slightly better than anticipated. This positive outlook could influence investor sentiment and stock performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 7:18 pm

AISP

APGE

CNSL

DAVE

QNRX

TDUP

U.S. stocks traded lower with the Dow Jones falling around 350 points. Energy shares rose by 1.3%, while information technology shares fell by 2.2%. Consolidated Communications Holdings Inc (CNSL) reported a narrower-than-expected Q4 loss but missed revenue expectations. Dave Inc. (DAVE) shares jumped 51% after reporting increased Q4 revenue. Airship AI Holdings, Inc. (AISP) surged 87% following a Department of Justice contract announcement. Apogee Therapeutics, Inc. (APGE) gained 51% after announcing positive trial results. Quoin Pharmaceuticals, Ltd. (QNRX) and ThredUp Inc. (TDUP) saw significant drops after announcing a public offering and reporting Q4 results, respectively.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 7:11 pm

PNC

PNC Financial Services Group anticipates an additional noninterest expense due to a revised special assessment in Q1 of 2024, as per an SEC filing. The company's overall interest rate risk (IRR) position is nearly neutral, with expectations of increased net interest income (NII) benefits from repricing fixed-rate assets in the coming years.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 7:09 pm

C

Citigroup CEO Jane Fraser announced at the RBC Capital Markets Conference that preparations for the Banamex IPO are well on track for next year. This indicates a significant step in Citigroup's strategy and could have implications for its stock.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 7:08 pm

GWRS

Global Water Resources (NASDAQ:GWRS) is scheduled to release its quarterly earnings report on March 6, 2024. Analysts predict an EPS of $0.05. The company's past performance shows a history of beating EPS estimates, which has sometimes led to positive stock price movements. Shares are currently trading at $13.05, with a 3.47% increase over the last 52 weeks. Investors are looking for not only an earnings beat but also positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 7:03 pm

MRMD

MariMed (OTC:MRMD) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $0.00. The company's past earnings performance shows mixed results, with a slight miss last quarter leading to a 0.38% drop in share price. Over the last year, MariMed's shares have declined by 45.74%, indicating a bearish outlook among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 7:03 pm

SDIG

Stronghold Digital Mining (NASDAQ:SDIG) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $-0.98. The company's past earnings performance shows a mix of misses and beats against estimates, with varying impacts on its stock price. Shares are currently trading at $4.87, down 10.79% over the last year. Investors will be keenly watching for both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 7:03 pm

NSPR

InspireMD (NASDAQ:NSPR) is scheduled to release its quarterly earnings report on March 6, 2024, with an estimated EPS of $-0.19. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings, with the stock price fluctuating based on actual EPS versus estimates. Shares have risen 126.76% over the last 52 weeks, indicating a positive outlook among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 7:02 pm

KMDA

Kamada (NASDAQ:KMDA) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts predicting an EPS of $0.05. The company's past performance shows a history of beating EPS estimates, which has sometimes led to positive stock price movements. Shares of Kamada have increased by 49.61% over the last 52 weeks, indicating a positive trend for long-term shareholders. Investors will be particularly attentive to the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 7:02 pm

AMPY

Amplify Energy (NYSE:AMPY) is scheduled to release its quarterly earnings report on 2024-03-06, with analysts estimating an EPS of $0.18. The company's past earnings performance shows a mix of misses and beats, with the stock price reacting accordingly. Investors will be keen on not just the earnings beat or miss but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 7:02 pm