Streetbeat News

Earnings

CHWY

Financial giants have shown a significant bullish interest in Chewy (NYSE:CHWY) options, with 60% of traders being bullish. Analysis of options history revealed 10 unusual trades, with a focus on a price band between $12.5 and $22.5. The largest trades include both calls and puts, with the most notable being a bullish call with a strike price of $17.50. Chewy, a leading e-commerce pet care retailer, reported $10.1 billion in 2022 sales. Currently, CHWY's stock is up by 1.32% at $17.6, with an anticipated earnings release in 14 days.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 5:16 pm

REVG

REV Group, Inc. (NYSE:REVG) reported a slight increase in Q1 fiscal 2024 sales by 0.43% year-over-year to $586 million, surpassing consensus estimates. The growth was primarily driven by the Specialty Vehicles segment. Adjusted EPS rose to $0.25 from $0.12, beating consensus estimates of $0.15. Gross profit increased by 8.6% to $62.9 million, with an expanded margin. The company's backlog grew to $4.24 billion. A quarterly dividend of $0.05 per share was declared. However, REVG adjusted its 2024 sales outlook to $2.45 billion-$2.55 billion from the previously expected $2.6 billion-$2.7 billion, leading to a 3.81% decline in share price.

Portfolio Pulse from Akanksha Bakshi

March 06, 2024 | 5:14 pm

AAPL

ADP

QQQ

TSLA

The article discusses the current state of the stock market, focusing on Apple Inc (AAPL) reaching a critical support level and the anticipation of Federal Reserve Chair Powell's testimony. It highlights the aggressive buying of tech stocks, crypto, and other assets by the 'momo crowd' in hopes of dovish remarks from Powell. The article also mentions positive early trade money flows in several major tech companies and ETFs, while Tesla Inc (TSLA) experiences negative flows. Additionally, it covers the buying of gold and oil by the momo crowd and provides general investment advice.

Portfolio Pulse from The Arora Report

March 06, 2024 | 5:03 pm

LMNR

Limoneira (NASDAQ:LMNR) is scheduled to release its quarterly earnings report on March 7, 2024, with an expected EPS of $-0.29. Analysts and investors will be looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows mixed results with both misses and beats affecting stock prices variably. Shares are currently trading at $17.91, up 13.13% over the last year, indicating a generally positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 5:02 pm

OWLT

Owlet (NYSE:OWLT) is scheduled to release its quarterly earnings report on March 7, 2024, with an expected EPS of $-0.04. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to varying degrees of share price drops. Owlet's stock performance over the last year has been negative, with a 12.54% decrease. Investors are looking for a beat on the EPS estimate and positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 5:02 pm

AFCG

AFC Gamma (NASDAQ:AFCG) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts estimating an EPS of $0.50. Historical data shows mixed reactions to past earnings, with the last quarter's EPS miss leading to a slight stock price increase. Shares have declined 18.43% over the last year, indicating bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 5:02 pm

METC

Ramaco Resources (NASDAQ:METC) is scheduled to release its quarterly earnings report on March 7, 2024, with an estimated EPS of $0.69. Investors are hopeful for a beat on this estimate and positive guidance for future growth. The company's past earnings performance shows a mix of beats and misses, with corresponding stock price changes. Shares have seen a 102.89% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 5:02 pm

CINT

CI&T (NYSE:CINT) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts expecting an EPS of $0.06. The company's past earnings performance shows mixed results, with shares currently trading at $4.74, reflecting a 6.92% decline over the last 52 weeks. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 5:01 pm

FCEL

FuelCell Energy (NASDAQ:FCEL) is expected to report a quarterly EPS of $-0.08 on March 7, 2024. Historical data shows mixed reactions to past earnings, with shares currently down 63.4% over the last year. Investors are looking for positive guidance beyond the earnings beat or miss.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 5:01 pm

PMTS

CPI Card (NASDAQ:PMTS) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts estimating an EPS of $0.32. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to various stock price changes. Shares of CPI Card have declined by 56.32% over the last 52 weeks, indicating potential concern among long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 5:01 pm