Streetbeat News

Earnings

SWAG

Stran & Company's shares are trading higher following the release of their Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:30 pm

THS

TreeHouse Foods has provided its Q4 guidance, expecting adjusted net sales to be between $910M and $940M, which is approximately 3% down at the midpoint. The consensus estimate was $1.04B.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:25 pm

ENPH

SEDG

Enphase Energy Inc (ENPH) shares are trading lower by 4.9% due to ongoing weakness in solar-related stocks. The decline is also in sympathy with Solaredge Technologies Inc (SEDG), which reported weak Q3 financial results. SolarEdge's poor performance may create doubts about the solar sector's growth prospects, leading investors to reevaluate their positions in other solar-related stocks, including Enphase Energy.

Portfolio Pulse from Henry Khederian

November 06, 2023 | 4:24 pm

GNE

Genie Energy reported a year-over-year increase in Q3 revenue results and raised its FY23 adjusted EBITDA guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 4:04 pm

THS

TreeHouse Foods Inc's shares fell by 8% after the company reported Q3 FY23 results. Sales from continuing operations grew 3.6% Y/Y to $863.3 million, missing the consensus of $947.3 million. Adjusted net sales stood at $906.6 million, below the guidance range of $950 million to $970 million, impacted by a product recall and supply chain disruption. Adjusted EPS of $0.50 missed the consensus estimate of $0.53. The company bought back shares worth $50 million in Q3.

Portfolio Pulse from Lekha Gupta

November 06, 2023 | 4:03 pm

TVTX

Travere Therapeutics (NASDAQ:TVTX) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an EPS of $-0.05. The company's past performance shows a pattern of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $6.97, down 68.35% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:02 pm

ASC

Ardmore Shipping (NYSE:ASC) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an EPS of $0.41. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to a positive impact on the share price. The stock is currently trading at $13.66, down 2.33% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:02 pm

OXY

Occidental Petroleum (NYSE:OXY) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $0.86. The company's past performance shows a pattern of EPS misses and subsequent share price changes. The stock is currently trading at $63.01, down 16.56% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:01 pm

FLYW

Flywire (NASDAQ:FLYW) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an EPS of $0.10. The company's past performance shows a pattern of share price increase following earnings reports, even when EPS estimates were missed. The stock is currently trading at $28.47, up 51.74% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:01 pm

BMBL

Bumble (NASDAQ:BMBL) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $0.07. The company's past performance shows a pattern of share price changes following earnings reports. Bumble's shares were trading at $13.67 as of November 3, with a 42.19% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 4:01 pm