Streetbeat News

Earnings

JJSF

J & J Snack Foods shares are trading higher following the company's Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:07 pm

KMPR

Kemper shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:07 pm

HOOD

Robinhood Markets, Inc. (NASDAQ: HOOD) is set to report its Q2 earnings tomorrow, with analysts expecting 15 cents per share. The stock appears to be breaking out ahead of the earnings report, indicating a potential uptrend. However, resistance levels could pose a challenge.

Portfolio Pulse from Mark Putrino

August 06, 2024 | 5:07 pm

NOVT

Novanta shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 5:06 pm

AESI

Six analysts have recently evaluated Atlas Energy Solutions (NYSE:AESI), providing a mix of bullish and somewhat bullish ratings. The average 12-month price target is $26.83, with a high of $28.00 and a low of $24.00. The company has shown strong revenue growth and profitability but has a lower return on equity compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 5:01 pm

VFC

Over the past three months, 24 analysts have shared their evaluations of VF Corporation (NYSE: VFC), revealing a range of sentiments from bullish to bearish. The average 12-month price target has decreased by 7.06%, with a current average target of $13.42. Analysts have adjusted their ratings and price targets in response to VF's recent financial performance, which includes a decline in revenue growth and challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 5:01 pm

ZTS

Zoetis Inc (NYSE:ZTS) reported strong Q2 earnings, with revenue of $2.36 billion, up 8% YoY, and raised its 2024 guidance. The company's companion animal operations, particularly monoclonal antibody products for osteoarthritis pain, drove growth. Adjusted net income was $711 million, or $1.56 per share, beating consensus estimates. Zoetis raised its 2024 sales guidance to $9.1-$9.25 billion and adjusted EPS to $5.78-$5.88.

Portfolio Pulse from Vandana Singh

August 06, 2024 | 5:00 pm

VSTO

In the last three months, 6 analysts have published ratings on Vista Outdoor (NYSE:VSTO), with a mix of bullish and indifferent sentiments. The average 12-month price target has increased to $39.83. Despite a recent revenue decline of -6.35%, Vista Outdoor shows strong financial health with high net margins, ROE, and ROA, but faces challenges with a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 5:00 pm

ADSK

BULD

MAKX

Autodesk, Inc. (NASDAQ:ADSK) shares are trading higher after activist investor Starboard issued a presentation urging improvements at the company. Starboard criticized Autodesk's financial performance and management, calling for changes to boost profitability and shareholder value. They suggested reassessing CEO Andrew Anagnost's performance, improving operating margins, and revising compensation practices. Autodesk's stock jumped 3.62% following the news. Investors can also gain exposure via Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) and ProShares S&P Kensho Smart Factories ETF (NYSE:MAKX).

Portfolio Pulse from Lekha Gupta

August 06, 2024 | 4:58 pm

IDXX

Idexx Laboratories Inc (NASDAQ:IDXX) reported strong Q2 results with adjusted EPS of $3.02, beating the consensus of $2.88. Sales reached $1 billion, driven by growth in Companion Animal Group and Water revenue. Despite a decline in vet office visits, the company maintains a robust business model and updated its 2024 revenue and EPS guidance. The stock rose 4.65% following the announcement.

Portfolio Pulse from Vandana Singh

August 06, 2024 | 4:48 pm