Streetbeat News

Earnings

RBA

Ritchie Bros Auctioneers (NYSE:RBA) is scheduled to release its quarterly earnings report on February 23, 2024, with analysts estimating an EPS of $0.69. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. Shares are currently trading at $66.68, reflecting a 10.18% increase over the last 52 weeks. Investors are looking for not only an earnings beat but also positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:00 pm

FYBR

Frontier Communications (NASDAQ:FYBR) is scheduled to release its quarterly earnings report on February 23, 2024. Analysts predict an EPS of $-0.12. The company's past earnings performance shows a mix of beats and misses, with the last quarter beating estimates by $0.11, leading to a 10.9% share price increase the following day. Shares are currently trading at $21.58, down 17.49% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:00 pm

WBD

Warner Bros. Discovery (NASDAQ:WBD) is scheduled to release its quarterly earnings report on February 23, 2024, with an expected EPS of $-0.06. Analysts and investors will be looking for the company to surpass this estimate and provide positive guidance for future growth. Despite past earnings misses, WBD's stock price has shown resilience, with increases following earnings announcements. However, the stock has declined 37.75% over the last year, indicating a bearish outlook among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:00 pm

RBA

Ritchie Bros Auctioneers (NYSE:RBA) is scheduled to release its quarterly earnings report on February 23, 2024, with analysts predicting an EPS of $0.69. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing subsequent share price drops. Shares were trading at $66.68 as of February 20, reflecting a 10.18% increase over the last 52 weeks. Investors are advised to pay attention to the company's guidance for future growth, as it can significantly impact stock price.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:00 pm

TNC

Tennant Company projects its 2024 net sales to be between $1.27 billion and $1.295 billion, slightly below the estimated $1.292 billion. The company also forecasts its adjusted EPS to range from $6.05 to $6.65, with an estimate at $6.26.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 2:00 pm

FMX

Fomento Economico (NYSE:FMX) is scheduled to release its quarterly earnings report on 2024-02-23, with analysts expecting an EPS of $1.61. The company's past performance shows a mix of earnings beats and misses, with share price reactions varying accordingly. Shares are currently trading at $133.21, up 43.87% over the last 52 weeks, indicating a positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:00 pm

RCUS

Arcus Biosciences (NYSE:RCUS) has been evaluated by 4 analysts over the last three months, showing a shift towards a more cautious stance with a decrease in the average 12-month price target from $43.50 to $34.5, indicating a 20.69% decrease. The company, a clinical-stage biopharmaceutical firm focusing on cancer immunotherapies, faces revenue challenges with a -3.03% decline as of September 30, 2023, but maintains a strong market presence through its market capitalization and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:00 pm

PWR

Quanta Services shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:59 pm

TCOM

Trip.Com's shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:58 pm

GFI

Gold Fields shares are trading lower following the announcement of their fiscal year 2023 results.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:57 pm