Streetbeat News

Earnings

PM

Philip Morris Intl (NYSE:PM) is scheduled to release its quarterly earnings report on February 8, 2024, with an expected EPS of $1.44. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows a mixed reaction to past earnings, with the last quarter's beat resulting in a 2.02% share price increase. Currently, shares are down 9.87% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:01 pm

AZN

AstraZeneca (NASDAQ:AZN) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $0.79. The company's past earnings performance shows a mix of beats and misses, with the share price reacting variably. Shares are currently trading at $67.04, down 1.19% over the last 52 weeks. Investors are looking for positive guidance for the next quarter, which could significantly impact the stock price.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:01 pm

BN

Brookfield (NYSE:BN) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $0.97. Historical data shows mixed reactions in stock price following earnings announcements, despite generally positive long-term performance. Investors are keen on both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:01 pm

UAA

Under Armour (NYSE:UAA) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $0.11. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a 3.23% share price drop. Over the last year, UAA shares have declined by 27.51%, indicating potential investor concern ahead of the announcement.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:01 pm

TRI

Thomson Reuters (NYSE:TRI) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $0.91. The company's historical earnings performance shows a pattern of beating EPS estimates, which has led to varied stock price reactions. Shares of Thomson Reuters have increased by 25.17% over the last 52 weeks, indicating a positive outlook from long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:00 pm

CRNC

Analyst ratings for Cerence (NASDAQ:CRNC) have shown a diverse range of perspectives, with recent updates indicating a downward revision in price targets and ratings. The average 12-month price target has been lowered to $22.0 from $30.33, reflecting a 27.46% decrease. Analysts from firms like Wedbush, Goldman Sachs, and Craig-Hallum have adjusted their ratings and price targets, citing dynamic market conditions and company performance. Cerence, a software company developing mobility solutions, has shown impressive revenue growth and financial metrics, outperforming industry averages in several areas.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:00 pm

AAPL

CRM

F

MSTR

NVDA

TSLA

Bitcoin, Ethereum, and Dogecoin prices rise after MicroStrategy acquires $37M in BTC. Janet Yellen calls for new crypto regulations, emphasizing stablecoins. Ark Invest's Cathie Wood predicts Bitcoin will attract investors from gold. Solana experiences a 5-hour outage. US markets see mixed movements with Snap and others declining, while the Fear & Greed Index indicates greed. Tesla, Ford, and NIO make headlines in the EV sector. Tech updates include Nvidia's focus on AI and Apple's iPhone 16 camera redesign. Salesforce threatens to withhold bonuses over training goals.

Portfolio Pulse from Akanksha Bakshi

February 07, 2024 | 1:52 pm

TAOP

Taoping Inc. (NASDAQ:TAOP) reported a 78% year-over-year growth in contract revenue for January 2024, reaching approximately $3.6 million. This growth is attributed to the demand for its AI-related products and innovative off-grid wastewater treatment solution. The company anticipates continued growth throughout the year, driven by its city partner ecosystem and a comprehensive portfolio of AI-related and Smart City solutions.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:51 pm

BDRX

GLT

SNAP

Snap Inc. shares plummeted by 30.4% following mixed Q4 results. Biodexa Pharmaceuticals saw a 59.81% increase in shares after receiving a US patent allowance for Tolimidone. Glatfelter shares surged 134% after Berry Global announced plans to merge its Health, Hygiene and Specialties segment and Films Business with Glatfelter.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:50 pm

RBLX

Roblox Corp (NYSE:RBLX) stock surged over 11% after reporting Q4 FY23 bookings growth of 25% Y/Y to $1.13 billion, surpassing the consensus of $1.08 billion. The company also beat GAAP EPS loss estimates and reached a 52-week high of $47.65. Revenue grew 30% Y/Y to $749.9 million, with DAUs up 22% and hours engaged increasing by 21%. Roblox expects Q1 bookings between $910 million and $940 million, and FY24 bookings between $4.14 billion and $4.28 billion, both above consensus estimates.

Portfolio Pulse from Anusuya Lahiri

February 07, 2024 | 1:49 pm