Streetbeat News

Earnings

FISI

Financial Institutions (NASDAQ:FISI) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.71. Investors are looking for an earnings beat and positive guidance for future growth. Historically, FISI's stock price has shown varied reactions to past earnings performances. The stock is currently trading at $22.66, with a 5.53% decline over the last 52 weeks. Market sentiment may be influenced by the upcoming earnings report and guidance provided.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:01 pm

VLY

Valley National Bancorp (NASDAQ:VLY) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.25. Investors are looking for an earnings beat and positive guidance for future growth. Historically, VLY's stock price has been sensitive to earnings performance and guidance. Last quarter, VLY met the EPS estimate, resulting in a 1.52% stock price drop the following day. Over the past year, VLY shares have declined by 5.99%, trading at $10.62 as of January 23.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:01 pm

CNOB

ConnectOne Bancorp (NASDAQ:CNOB) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.45. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, CNOB's stock price has shown varied reactions to earnings reports, with a 5.84% drop after last quarter's beat. Shares are currently trading at $23.41, up 6.16% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:01 pm

FRST

Primis Finl (NASDAQ:FRST) is scheduled to release its quarterly earnings report on Thursday, 2024-01-25. Analysts predict an EPS of $0.28. The company's past earnings performance shows a mix of beats and misses with varying stock price reactions. Shares are currently trading at $12.55, with a 4.56% increase over the last 52 weeks. Investors will be looking for not just an earnings beat but also positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:01 pm

SBFG

SB Finl Gr (NASDAQ:SBFG) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $0.35. Investors are looking for an earnings beat and positive guidance for the next quarter. SBFG's stock performance has been negative over the last year, with a 9.67% decline. Previous quarters show mixed results with slight price changes post-earnings.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:01 pm

CRS

Carpenter Tech (NYSE:CRS) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $0.86. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has shown mixed reactions to past earnings results. Shares are currently trading at $67.35, up 43.01% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:01 pm

COP

Analysts have provided mixed reviews on ConocoPhillips (NYSE:COP) over the past three months, with ratings ranging from bullish to indifferent. The average 12-month price target is $137.17, with a high of $141.00 and a low of $132.00, marking a 3.96% decrease from the previous average. Recent actions include both lowered and raised price targets by analysts from firms such as Raymond James, Mizuho, UBS, JP Morgan, and RBC Capital. ConocoPhillips is a major exploration and production firm with significant operations and reserves. Despite a recent revenue decline of -32.18%, the company maintains a strong net margin and ROA, but its ROE is below industry average. Its debt-to-equity ratio is considered healthy.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:01 pm

ACN

Six analysts have recently updated their ratings on Accenture (NYSE:ACN), with varying perspectives from bullish to bearish. The average 12-month price target is now $375.5, an 8.68% increase from the previous $345.50. Analysts from firms like Morgan Stanley, BMO Capital, UBS, Wedbush, and Redburn Atlantic have raised their price targets, indicating a positive outlook on Accenture's performance. The company has shown strong financial health with a market capitalization above industry average, a revenue growth rate of 3.03%, a net margin of 12.16%, an ROE of 7.54%, an ROA of 3.84%, and a low debt-to-equity ratio of 0.12.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:00 pm

PYPL

Analysts have published 17 ratings on PayPal Holdings (NASDAQ:PYPL) in the last three months, with a diverse range of perspectives. The average 12-month price target is $72.41, down 18.36% from the previous average. Recent actions include adjustments to ratings and price targets by analysts from firms like Susquehanna, Mizuho, and Morgan Stanley. PayPal's financials show a market cap that asserts dominance, a revenue growth rate of 8.36%, a net margin of 13.75%, an ROE of 5.18%, an ROA of 1.35%, and a debt-to-equity ratio of 0.54.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 8:00 pm

BA

DAL

UAL

BofA Securities analyst Andrew G. Didora maintained a Buy rating on United Airlines Holdings, Inc. (UAL) and raised the price target to $60 from $56, despite concerns over Boeing's 737 MAX 9 grounding affecting UAL's capacity growth. United Airlines' shares rose by 5% after a strong Q4 earnings beat and positive 2024 EPS outlook. However, the company faces cost pressures from labor, maintenance, and the MAX 9 grounding. These pressures are expected to increase 2024 unit costs to +4.0% from the previously forecasted +2.2%. UAL shares were up 0.89% to $40.85.

Portfolio Pulse from Nabaparna Bhattacharya

January 24, 2024 | 7:58 pm