Streetbeat News

Earnings

PLUG

Plug Power (NASDAQ:PLUG) is scheduled to release its quarterly earnings report on Friday, 2024-03-01, with analysts expecting an EPS of $-0.44. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Historically, the company missed its EPS estimate last quarter by $0.17, leading to a 40.47% drop in share price the following day. Shares are currently trading at $3.43, down 57.59% over the last 52 weeks, indicating a negative sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:00 pm

FUBO

FuboTV (NYSE:FUBO) is scheduled to release its quarterly earnings report on March 1, 2024, with analysts expecting an EPS of $-0.31. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares are currently trading at $2.04, up 23.67% over the last year. Investors are looking for not just an earnings beat but also positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:00 pm

DFH

Dream Finders Homes (NYSE:DFH) reported Q4 earnings, beating estimates with an EPS of $1.0 against the expected $0.71, marking a 41.0% beat. Revenue increased by $39.00 million from the same period last year. The company has a history of surpassing EPS estimates, which previously led to a 3.0% share price increase the following day.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:00 pm

IMNN

An independent lab announced positive results from IMUNON's IMNN-101 live virus challenge against the SARS-CoV-2 variant XBB.1.5. This study, conducted by the Wistar Institute, builds upon favorable results previously reported by IMUNON with its prototype PlaCCine vaccine modality.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:55 pm

HYFM

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) reported a 23% year-over-year decrease in Q4 net sales to $47.2 million but saw improvements in gross profit, gross profit margin, and reduced net loss. The company attributes these results to the successful execution of its restructuring plan. Despite these improvements, HYFM shares dropped 3.63% in pre-market trading.

Portfolio Pulse from Jelena Martinovic

February 29, 2024 | 1:53 pm

FLNG

GOOG

GOOGL

QQQ

WAB

On CNBC's 'Halftime Report Final Trades,' analysts shared their picks, including puts on Invesco QQQ Trust by Steve Weiss, a highlight on FLEX LNG Ltd.'s 12% dividend yield by Jenny Harrington, Kari Firestone's choice of Westinghouse Air Brake Technologies, and Joe Terranova's selection of Alphabet Inc. Alphabet's CEO addressed issues with the Gemini AI chatbot, while Wabtec and Flex LNG reported their financial results, impacting their stock prices.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 1:52 pm

FIGS

FIGS shares are trading lower following the announcement of mixed Q4 financial results, indicating a disparity between expected and actual financial performance.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:51 pm

CRH

CRH plc (NYSE:CRH) shares rose in premarket trading after announcing FY23 results and a share repurchase program. Revenue increased 7% Y/Y to $34.9 billion, with organic revenues up 3%. Adjusted EBITDA grew 15% Y/Y to $6.2 billion, and EPS from continuing operations pre-impairment rose 30% Y/Y to $4.65. The company completed a share buyback of $3.0 billion in 2023 and announced a new buyback program with Barclays Capital Inc. for up to $300 million. A quarterly dividend of $0.35 per share was declared, payable in April 2024. CRH expects EPS of $5.15-$5.45 for FY24, above consensus estimates.

Portfolio Pulse from Lekha Gupta

February 29, 2024 | 1:51 pm

IOVA

Iovance Biotherapeutics' stock price declined following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:50 pm

MARA

Marathon Digital's stock is trading lower following the release of their mixed Q4 financial results, indicating a disparity between expected and actual performance metrics.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:50 pm