Streetbeat News

Earnings

TBBK

Bancorp (NASDAQ:TBBK) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.95. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Bancorp's stock price has been more influenced by guidance than earnings beats or misses. Last quarter, Bancorp missed the EPS estimate by $0.01, yet the stock price increased by 5.39% the following day. Bancorp's shares are currently trading at $40.97, with a 52-week increase of 43.26%, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:01 pm

AMAL

Amalgamated Financial (NASDAQ:AMAL) is expected to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.72. Investors are looking for an earnings beat and positive guidance for future growth. Historically, AMAL's stock price has reacted to past earnings performances and guidance. Last quarter, AMAL beat the EPS estimate by $0.06, leading to an 8.29% stock price increase the following day. Over the last year, AMAL shares have risen by 12.15%.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:01 pm

EXP

Eagle Materials (NYSE:EXP) is expected to report an EPS of $3.55 in its upcoming quarterly earnings on January 25, 2024. Investors are looking for an earnings beat and positive guidance for future growth. Historically, EXP's stock price has shown modest reactions to earnings beats or misses. Over the last year, EXP shares have increased by 49.6%, with the stock trading at $206.42 as of January 23.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:01 pm

FFWM

First Foundation (NYSE:FFWM) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.03. Investors are looking for an earnings beat and positive guidance for future growth. Historically, FFWM's stock price has reacted negatively to past earnings reports, even when EPS estimates were beaten.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:01 pm

RES

RPC (NYSE:RES) is expected to release its quarterly earnings report on Thursday, 2024-01-25, with analysts predicting an EPS of $0.18. Investors are looking for an earnings beat and positive guidance for the next quarter. RPC's stock performance has been negative over the last year, with shares down 27.53%. The stock price reacted negatively to past earnings misses, with drops following the announcements.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:01 pm

MRTN

Marten Transport (NASDAQ:MRTN) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $0.19. Investors are looking for an earnings beat and positive guidance for the next quarter. The company's stock performance has been negative over the last 52 weeks, with shares down 6.32%. Previous earnings performance shows a mixed impact on the stock price post-earnings announcement.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:01 pm

PFS

Provident Financial Services (NYSE:PFS) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.41. Investors are looking for an earnings beat and positive guidance for future growth. Historically, PFS's stock price has been sensitive to earnings performance and guidance. Last quarter, PFS met the EPS estimate, resulting in a 1.88% share price drop the following day. Over the past year, PFS shares have declined by 20.92%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:00 pm

LKFN

Lakeland Financial (NASDAQ:LKFN) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $0.89. Investors are looking for an earnings beat and positive guidance for future growth. Historically, LKFN's stock price has been sensitive to earnings performance and guidance. Last quarter, LKFN beat the EPS estimate by $0.08, resulting in a 1.7% stock price increase. Over the past year, LKFN shares have declined by 7.15%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:00 pm

MGNX

Macrogenics (NASDAQ:MGNX) received mixed reviews from 5 analysts, with recent ratings ranging from bullish to somewhat bullish. The average 12-month price target is $14.00, a significant increase from the previous $10.33. Analysts from JMP Securities, Citigroup, Stifel, HC Wainwright & Co., and Guggenheim have adjusted their price targets and ratings, reflecting changes in market dynamics and company performance. Macrogenics, a biotech company specializing in antibody-based cancer therapeutics, has a market cap below industry benchmarks and experienced a significant revenue decline of -75.09% over the last quarter. However, it has a high net margin of 168.84%, an ROE of 9.6%, and an ROA of 5.44%, indicating strong profitability and financial management.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:00 pm

AAPL

FTEC

IXN

MSFT

XLK

Microsoft Corp. (MSFT) reached a $3 trillion market valuation on January 24, 2023, driven by optimism in AI, challenging Apple Inc. (AAPL) as the world's most valuable company. MSFT's stock rose 1.4% to $404, surpassing AAPL's market cap briefly. Microsoft's growth is buoyed by its AI initiatives, particularly its partnership with OpenAI. Analysts predict a 14.7% revenue increase to $243.16 billion and a 14.3% rise in EPS to 11.2 by 2024. Microsoft is a major holding in several ETFs, including XLK, FTEC, and IXN.

Portfolio Pulse from Piero Cingari

January 24, 2024 | 5:55 pm