Streetbeat News

Earnings

AMPX

BLNK

BYU

FREY

FTCI

IDEX

ILAG

PLUG

SPPL

UGRO

XOS

Several industrial stocks experienced significant movement in Friday's pre-market session. Amprius Technologies, Xos, Blink Charging, Ideanomics, Simpple, and Urban-gro saw increases, while Plug Power, FREYR Battery, Babcock & Wilcox, Intelligent Living, Baiyu Holdings, and FTC Solar experienced decreases. Most of these movements were in response to Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 1:06 pm

CXDO

HTCR

INDI

MRIN

NVTS

QMCO

RGTI

VERI

VUZI

WISA

WULF

Several information technology stocks experienced significant movement in Friday's pre-market session. Crexendo, Marin Software, TeraWulf, Indie Semiconductor, Navitas Semiconductor, and HeartCore Enterprises saw gains, while Vuzix, WiSA Technologies, Unity Software, Quantum, Rigetti Computing, and Veritone experienced losses. Most of these movements were associated with the release of Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 1:06 pm

DEO

Diageo shares are trading lower after the company announced it expects slower growth in H1 FY24 than H2 FY23 due to weaker conditions in Latin America and the Caribbean.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 12:42 pm

CPA

GNK

SBLK

Three industrial stocks with over 3% dividend yields have been recommended by Wall Street's most accurate analysts. The stocks are Star Bulk Carriers Corp. (SBLK), Copa Holdings, S.A. (CPA), and Genco Shipping & Trading Limited (GNK). Recent news for these companies include Star Bulk's repurchase of additional 10 million of its common shares, Copa Holdings' upcoming earnings release for Q3, and Genco Shipping & Trading's narrower-than-expected Q3 loss.

Portfolio Pulse from Lisa Levin

November 10, 2023 | 12:39 pm

LGVN

Longeveron (LGVN) has reported Q3 cash and short-term investments of $2M, which is expected to cover expenses and capital requirements until the first quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 12:34 pm

SHCO

Soho House & Co reported a Q3 EPS of $(0.22).

Portfolio Pulse from Bill Haddad

November 10, 2023 | 12:33 pm

SHCO

Soho House & Co reported Q3 total revenues of $301M, slightly below the estimated $306.256M.

Portfolio Pulse from Bill Haddad

November 10, 2023 | 12:32 pm

LGVN

Longeveron (NASDAQ:LGVN) reported Q3 losses of $(0.28) per share, missing the analyst consensus estimate of $(0.22) by 27.27 percent. This is a 12 percent decrease over losses from the same period last year. The company also reported quarterly sales of $150.00 thousand, missing the analyst consensus estimate of $200.00 thousand by 25.00 percent, a 43.40 percent decrease over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 12:31 pm

DEO

Diageo PLC (DEO) shares fell by around 13% after the company warned about weak H1 FY24 results. The company expects slower growth in H1 FY24 than H2 FY23 due to a weaker performance outlook in Latin America and Caribbean. Total organic net sales are projected to fall by over 20% Y/Y, and total organic operating profit to decline Y/Y. However, DEO expects an improvement in H1 organic net sales growth vs. H2 FY23 in North America and Africa and continued momentum in Europe and Asia Pacific.

Portfolio Pulse from Lekha Gupta

November 10, 2023 | 12:15 pm

AQN

ARM

DIS

SHCO

STNE

US stocks closed lower on Thursday, with the S&P 500 ending an eight-session winning streak due to an increase in bond yields. The Walt Disney Company (NYSE:DIS) shares gained 6.9% after reporting better-than-expected Q4 earnings, while Arm Holdings plc (NASDAQ:ARM) shares fell over 5% after issuing Q2 financial results and guidance. Investors are awaiting earnings results from StoneCo Ltd. (NASDAQ:STNE), Soho House & Co Inc. (NYSE:SHCO) and Algonquin Power & Utilities Corp. (NYSE:AQN).

Portfolio Pulse from Lisa Levin

November 10, 2023 | 12:11 pm