Streetbeat News

Earnings

CI

Cigna Group (NYSE:CI) is scheduled to release its quarterly earnings report on February 2, 2024, with an expected EPS of $6.53. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the future. Despite past earnings beats, Cigna's stock has experienced mixed reactions, with a slight overall increase in share price over the last year. The upcoming earnings report is anticipated to be a significant indicator of the company's current performance and future outlook.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 6:00 pm

NVO

Four analysts have recently rated Novo Nordisk (NYSE:NVO) as somewhat bullish, with no change in sentiment over the last three months. The average 12-month price target for NVO has increased by 10% to $123.75, with adjustments from analysts at Cantor Fitzgerald and TD Cowen raising their targets. Novo Nordisk, a leader in diabetes care, has shown strong financial performance with a 28.89% revenue growth rate, a net margin of 38.27%, and an ROE of 24.5%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 6:00 pm

DGII

Digi International's shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 5:56 pm

CMPR

Cimpress Plc (NASDAQ:CMPR) shares surged after reporting Q2 earnings that exceeded expectations and announcing a $150 million share repurchase program. Earnings per share were $2.14, surpassing the $1.24 estimate, with sales of $921.36 million beating the $892.1 million forecast. The company's sales also showed a 9% increase from the previous year. CEO Robert Keane highlighted the company's focus on execution and profitability expansion.

Portfolio Pulse from Erica Kollmann

February 01, 2024 | 5:55 pm

VSTO

Vista Outdoor shares are trading higher following the announcement of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 5:55 pm

NYCB

New York Community Bancorp Inc (NYSE:NYCB) shares dropped after Q4 results missed estimates, leading to several analyst downgrades. The bank reported lower-than-expected revenue and an adjusted EPS loss, alongside a significant provision for loan losses and a dividend cut. Analysts have adjusted their price targets and ratings due to concerns over the bank's CRE exposure, increased liquidity and compliance needs, and the impact of crossing the $100 billion asset mark.

Portfolio Pulse from Lekha Gupta

February 01, 2024 | 5:49 pm

SRDX

Surmodics shares dropped following the announcement of their Q1 financial results and the release of their FY23 guidance.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 5:49 pm

EZPW

EZCORP shares are trading higher following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 5:47 pm

MXL

MaxLinear shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 5:46 pm

GOLD

Financial giants have shown a bearish stance on Barrick Gold (NYSE:GOLD) through recent options trading, with 64% of trades being puts. The trading activity suggests a price target range of $14.0 to $17.0 for GOLD. The company, a major gold and copper miner, has seen its stock price increase by 1.15% to $15.78, with analysts from BMO Capital maintaining an Outperform rating and a price target of $27. The next earnings report is expected in 13 days.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 5:46 pm