Streetbeat News

Earnings

PRCT

PROCEPT BioRobotics (NASDAQ:PRCT) is scheduled to release its quarterly earnings report on February 27, 2024, with an estimated EPS of $-0.44. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows that PRCT's stock price reacts significantly to earnings performance and guidance. Last quarter, PRCT beat the EPS estimate, resulting in an 18.37% stock price increase the following day. Over the last year, PRCT shares have risen by 33.56%, indicating a positive trend for long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:01 pm

MYGN

Myriad Genetics (NASDAQ:MYGN) is expected to report an EPS of $0.01 in its upcoming quarterly earnings on 2024-02-27. Historically, the company has had mixed earnings performance but has shown a positive trend in stock price over the last 52 weeks, with a 20.35% increase. Investors are looking for not just an earnings beat but also positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:01 pm

XNCR

Xencor (NASDAQ:XNCR) is scheduled to release its quarterly earnings report on February 27, 2024, with an estimated EPS of $-0.09. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. Xencor's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat followed by a 7.01% drop. Shares are currently trading at $24.47, down 21.16% over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:01 pm

ALEC

Alector (NASDAQ:ALEC) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $-0.77. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat leading to a 7.3% drop. Alector's shares have decreased by 22.72% over the last 52 weeks, indicating a generally negative sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:01 pm

SSRM

SSR Mining (NASDAQ:SSRM) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $0.33. The company's past earnings performance shows mixed results, with a slight miss last quarter leading to a 1.79% drop in share price. SSR Mining's stock has declined 66.41% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:01 pm

SNDX

Syndax Pharmaceuticals (NASDAQ:SNDX) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $-0.99. Investors are hopeful for a beat on this estimate and positive future guidance. Historically, SNDX's stock price has shown mixed reactions to past earnings, with a slight overall decline of 5.92% over the last year. The company's past performance includes beating the EPS estimate last quarter, which led to a minor share price increase of 0.14% the following day.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:01 pm

HD

LOW

Home Depot (HD) reported its 11th consecutive quarterly decline with sales dropping to $34.79 billion, yet surpassing estimates. The company faces challenges from a post-pandemic slowdown, inflation, and high borrowing costs, leading to a guidance of a 1% decline in 2024 sales. Lowe's (LOW) is also expected to report a drop in Q4 revenue and a year-over-year decrease in its bottom line, affected by DIY segment softness, e-commerce challenges, lumber deflation, and competition. Both companies' outlooks may signal a weakening macroeconomic climate ahead.

Portfolio Pulse from Upwallstreet

February 26, 2024 | 4:01 pm

XP

XP Inc. (NASDAQ:XP) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $0.41. The company's past earnings performance shows mixed results, with a slight miss last quarter but a subsequent share price increase. Shares have risen 94.4% over the last year, indicating positive sentiment among long-term investors. The focus for investors will likely be on whether XP beats the EPS estimate and the guidance provided for future growth.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:01 pm

WDAY

A comparative study of Workday (NASDAQ:WDAY) and its competitors in the Software industry reveals Workday's high PE ratio, suggesting overvaluation, but lower PB and PS ratios indicate potential undervaluation. Despite lower ROE, EBITDA, and gross profit compared to industry averages, Workday's revenue growth outperforms peers. The analysis also highlights Workday's strong financial position with a lower debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:01 pm

SSRM

SSR Mining (NASDAQ:SSRM) is scheduled to release its quarterly earnings report on February 27, 2024, with analysts expecting an EPS of $0.33. The company's past earnings performance shows a mixed impact on its stock price, with a notable 1.79% drop after missing EPS estimates last quarter. SSR Mining's stock has declined 66.41% over the last 52 weeks, trading at $4.63 as of February 23.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:01 pm