Streetbeat News

Earnings

SSYS

Stratasys (NASDAQ:SSYS) is scheduled to release its quarterly earnings report on March 7, 2024, with an estimated EPS of $0.02. The company's past performance shows a mixed impact on its stock price following earnings announcements, with the last quarter resulting in a 5.35% increase after beating the EPS estimate by $0.01. Shares are currently trading at $11.69, reflecting a 16.42% decrease over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:01 pm

NAPA

Duckhorn Portfolio (NYSE:NAPA) is scheduled to release its quarterly earnings report on March 7, 2024, with an estimated EPS of $0.18. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. The company's past earnings performance shows a mix of hits and misses, with the stock price reacting accordingly. Currently, shares are trading at $9.43, marking a 40.46% decline over the last 52 weeks, indicating investor concern ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:01 pm

RWAY

Runway Gwth Fin (NASDAQ:RWAY) is scheduled to release its quarterly earnings report on March 7, 2024. Analysts predict an EPS of $0.49. The company's historical performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $13.35, with a 3.26% increase over the last year. Investors are optimistic but will focus on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:01 pm

FNKO

Funko (NASDAQ:FNKO) is expected to report a Q4 EPS of $-0.04 on March 7, 2024. Analysts and investors are keen on whether Funko will surpass this estimate and provide positive guidance for the next quarter. Historically, Funko's share price has reacted significantly to past earnings performances and guidance. Last quarter, Funko beat the EPS estimate by $0.08, leading to a 16.51% share price increase the following day. Over the last year, Funko's shares have declined by 20.44%, indicating potential concern among long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:01 pm

PBPB

Potbelly (NASDAQ:PBPB) is scheduled to release its quarterly earnings report on Thursday, 2024-03-07, with an estimated EPS of $0.03. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. Potbelly's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 9.66% share price increase. Shares are currently trading at $13.6, marking a 57.72% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:01 pm

BILI

Bilibili (NASDAQ:BILI) is scheduled to release its quarterly earnings report on March 7, 2024, with an estimated EPS of $-0.22. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to negative stock price reactions. Shares are currently trading at $10.16, marking a 40.28% decline over the last year. Investors are looking for positive guidance for the next quarter to potentially influence the stock's performance.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:00 pm

ASPN

Aspen Aerogels (NYSE:ASPN) has received diverse analyst ratings over the last three months, with all four analysts giving bullish ratings despite a decline in the average 12-month price target to $19.75 from a higher previous average. The company has shown impressive revenue growth of 38.62% as of December 31, 2023, and a strong net margin of -0.62%, but faces challenges with below-average ROE and ROA. Aspen Aerogels operates in the energy infrastructure, building materials, and electric vehicle markets, with a focus on aerogel technology.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:00 pm

BASE

Couchbase, Inc. (NASDAQ:BASE) shares surged after reporting Q4 earnings above estimates and providing positive Q1 revenue guidance. Q4 revenue grew 20% Y/Y to $50.1 million, surpassing the consensus of $46.6 million. Subscription revenue increased 26% Y/Y to $48.1 million. Total ARR reached $204.2 million, a 25% Y/Y growth. Adjusted gross margin improved to 90.4%. The adjusted operating loss narrowed to $(4.1) million from $(9.9) million in Q4 FY2023. Adjusted EPS loss was $(0.06), better than the expected $(0.14). The company forecasts Q1 FY25 revenue between $48.1 million and $48.9 million, and FY25 revenue between $203.0 million and $207.0 million, with adjusted operating losses expected to decrease.

Portfolio Pulse from Lekha Gupta

March 06, 2024 | 2:57 pm

AISP

ANF

APM

EVA

EVC

HSCS

NEPT

U.S. stocks traded higher with the Dow Jones gaining around 200 points. Abercrombie & Fitch Co. (ANF) reported Q4 earnings above expectations. Aptorum Group (APM) announced a merger with YOOV Group, and Airship AI Holdings (AISP) surged after winning a Department of Justice contract. Enviva Inc. (EVA) also saw significant gains. Conversely, Entravision Communications (EVC), Neptune Wellness Solutions (NEPT), and Heart Test Laboratories (HSCS) experienced notable declines.

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 2:49 pm

JNJ

Johnson & Johnson, through its subsidiary Janssen-Cilag International NV, has submitted a Type II variation application to the European Medicines Agency (EMA) for the approval of DARZALEX (daratumumab) in combination with bortezomib, lenalidomide, and dexamethasone for newly diagnosed multiple myeloma patients eligible for autologous stem cell transplant. The submission is based on the Phase 3 PERSEUS study results, which showed significant improvement in progression-free survival and response rates compared to the control arm. Daratumumab is a foundational therapy in multiple myeloma treatment, approved in eight indications, and has been used in over 484,000 patients worldwide.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 2:48 pm