Streetbeat News

Earnings

BRK-B

JPM

SLB

TM

On CNBC's 'Halftime Report Final Trades,' experts highlighted their top stock picks including Berkshire Hathaway (BRK-B, BRK-A), Schlumberger (SLB), Toyota Motor (TM), and JPMorgan Chase (JPM). Berkshire Hathaway received a price target increase from UBS, Schlumberger reiterated strong FY24 guidance, Toyota's small-car unit leaders resigned over misconduct, and JPMorgan's diversified portfolio was praised. The stocks showed varied price movements in the latest session.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 2:22 pm

GASS

StealthGas (NASDAQ:GASS) reported Q4 earnings with an EPS of $0.29, missing estimates by 3.33% and a revenue decrease of $8.59 million from the previous year. Despite beating EPS estimates in the past three quarters, this quarter's miss and revenue decline could impact investor sentiment.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 2:20 pm

AGFY

Agrify Corporation (NASDAQ:AGFY) announced its preliminary unaudited Q4 financial results, expecting a reduced net loss of $750,000 from $2.1 million in Q3 and a gross profit increase of 105% to $1.9 million. The company anticipates the lowest net cash burn in its history and aims for cashflow break-even in the second half of 2024. Agrify's shares rose 1.58% in pre-market trading.

Portfolio Pulse from Jelena Martinovic

February 21, 2024 | 2:18 pm

AAPL

NVDA

TSLA

The article covers a range of topics from cryptocurrency developments, including Bitcoin ETF activity and Ripple's interest in an XRP ETF, to US and world politics, tech updates like Apple's future iPad lineup, and electric vehicle news including Tesla's pricing strategy in Germany. It also touches on financial news such as the Capital One-Discover merger criticism and Nvidia's anticipated earnings report.

Portfolio Pulse from Akanksha Bakshi

February 21, 2024 | 2:15 pm

GASS

StealthGas (NASDAQ:GASS) reported Q4 2023 earnings of $0.29 per share, missing the consensus estimate of $0.30 by 3.33%. Sales were $34.10M, slightly above the $33.90M estimate but represent a 20.19% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:14 pm

UFPT

UFP Technologies (UFPT) reported Q4 2023 adjusted EPS of $1.53, surpassing the $1.14 estimate, with sales of $101.50M also beating the $94.55M estimate. This represents an 11.25% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:09 pm

ISPR

Ispire Technology's shares dropped following the announcement of disappointing Q2 financial results and future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:03 pm

VIR

Vir Biotechnology (NASDAQ:VIR) is scheduled to release its quarterly earnings report on February 22, 2024, with an expected EPS of $-1.08. Analysts and investors will be looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows a mixed impact on its stock price, with the most recent quarter missing EPS estimates by $0.01 but resulting in a 6.96% share price increase the following day. Over the last year, VIR shares have declined by 59.94%.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 2:02 pm

W

Wayfair (NYSE:W) is scheduled to release its quarterly earnings report on February 22, 2024, with an expected EPS of $-0.15. Analysts and investors are keen on whether Wayfair will surpass this estimate and provide positive guidance for the next quarter. Historical data shows Wayfair's stock price reacts to both earnings outcomes and forward-looking statements. Last quarter, Wayfair exceeded EPS estimates by $0.35, leading to a 5.21% stock price increase the following day. Over the past year, Wayfair shares have risen by 29.43%, indicating a generally positive trend for long-term investors.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 2:01 pm

AAOI

Applied Optoelectronics (NASDAQ:AAOI) is scheduled to release its quarterly earnings report on February 22, 2024. Analysts predict an EPS of $0.00. The company's stock performance has been positive over the last year, with a 527.63% increase. Historical earnings performance shows mixed results with both misses and beats in EPS estimates, affecting stock prices variably.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 2:01 pm