Streetbeat News

Earnings

PPC

Pilgrims Pride (NASDAQ:PPC) is scheduled to release its quarterly earnings report on Monday, 2024-02-26, with analysts estimating an EPS of $0.40. The company's past performance shows a trend of beating EPS estimates, leading to positive stock price movements. Shares of Pilgrims Pride have increased by 18.7% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:01 pm

AIN

Albany Intl (NYSE:AIN) is scheduled to release its quarterly earnings report on Monday, 2024-02-26, with analysts estimating an EPS of $0.82. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Historically, Albany Intl's share price has reacted negatively to past earnings reports, despite beating EPS estimates. Shares are currently trading at $91.75, down 9.95% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:01 pm

LI

Li Auto (NASDAQ:LI) is scheduled to release its quarterly earnings report on Monday, 2024-02-26, with analysts expecting an EPS of $0.29. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 1.83% drop. Shares are currently trading at $34.99, up 52.88% over the last 52 weeks. Investors are looking for not just an earnings beat but also positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:01 pm

ERIE

Erie Indemnity (NASDAQ:ERIE) is scheduled to release its quarterly earnings report on 2024-02-26, with analysts expecting an EPS of $2.02. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares have risen 49.57% over the last 52 weeks, indicating positive long-term shareholder sentiment. Investors will be keen on both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:01 pm

FIS

Fidelity National Info (NYSE:FIS) is scheduled to release its quarterly earnings report on February 26, 2024. Analysts predict an EPS of $0.94. The company's past earnings performance shows a pattern of beating EPS estimates, which has generally led to positive share price movements the following day. Shares are currently trading at $64.1, with a slight decrease of 0.65% over the last year. Investors are particularly focused on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:00 pm

WDAY

Workday (NASDAQ:WDAY) is scheduled to release its quarterly earnings report on February 26, 2024, with analysts expecting an EPS of $1.47. The company's past performance shows a consistent trend of beating EPS estimates, leading to positive stock price movements. Shares of Workday have seen a 66.14% increase over the last 52 weeks, trading at $306.62 as of February 22. Investors are optimistic, particularly looking forward to the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:00 pm

MRO

Marathon Oil (NYSE:MRO) has been evaluated by 7 analysts over the last three months, showing a mix of bullish to bearish sentiments. The average 12-month price target is now $30.29, down from $34.43, reflecting a 12.02% decline. Analysts have adjusted their ratings and price targets, indicating a cautious outlook based on Marathon Oil's financial performance, including a -11.8% revenue growth and below-industry benchmarks in ROE and ROA.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:00 pm

FMX

Fomento Economico (FMX) reported Q4 adjusted EPS of $1.46, missing the $1.61 estimate, and sales of $10.82B, below the $11.66B estimate. This represents a 15.61% decrease in EPS and a 13.99% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:51 pm

H

Hyatt Hotels (NYSE:H) reported Q4 earnings of $0.64 per share, surpassing the $0.39 estimate, a 64.1% beat. However, this represents a 74.9% decrease from last year's $2.55 per share. Q4 sales were $1.66 billion, exceeding the $1.60 billion estimate by 3.75% and marking a 4.53% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:51 pm

EOG

EOG Resources Inc (NYSE:EOG) shares fell in premarket trading after announcing Q4 FY23 results. Despite beating revenue expectations with $6.36 billion and reporting higher production across all segments, the stock declined. The company also announced a quarterly dividend of $0.91 per share and a $300 million share repurchase. CEO Ezra Yacob highlighted successful management and cost reduction strategies. EOG provided an optimistic outlook for FY24, with increased production volumes and a projected expenditure of $6.0-$6.4 billion.

Portfolio Pulse from Lekha Gupta

February 23, 2024 | 1:50 pm