Streetbeat News

Earnings

CNM

Core & Main (NYSE:CNM) is scheduled to release its quarterly earnings report on Tuesday, 2023-12-05, with analysts expecting an EPS of $0.69. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, CNM's stock price has reacted variably to earnings releases, with a slight increase after a miss last quarter. Over the past 52 weeks, CNM shares have risen 72.56%, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 3:00 pm

AZO

AutoZone (NYSE:AZO) is expected to release its quarterly earnings report on Tuesday, 2023-12-05, with an estimated EPS of $31.57. Investors are looking for an earnings beat and positive guidance for the next quarter. AutoZone's stock performance has been positive over the last 52 weeks, with an 8.57% increase. The stock was trading at $2641.75 as of December 01. Historical data shows that the company's share price reacts to both earnings performance and guidance provided.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 3:00 pm

NIO

NIO Inc. is scheduled to release its quarterly earnings report on December 5, 2023. Analysts predict an EPS of $-0.43. Investors are looking for an earnings beat and positive guidance for the next quarter. NIO's stock performance has been negative over the past year, with a 45.83% decline. Historical data shows that NIO's share price is sensitive to earnings performance and guidance.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 3:00 pm

AAPL

AMZN

BTCUSD

GOOG

INDA

META

MSFT

NVDA

QQQ

SPOT

SPY

TSLA

Bitcoin (BTC) surpassed $40,000 over the weekend due to whale activity and subsequent retail investor buying, potentially moving towards the first resistance zone. The Arora Report suggests understanding whale behavior, the lack of large-scale benefits of Bitcoin, and the impact of a potential spot Bitcoin ETF on liquidity to make money in Bitcoin. In India, the BJP's recent election victories are expected to attract foreign investment, presenting opportunities better than the iShares MSCI India ETF (INDA). Spotify (SPOT) announced a 17% workforce reduction, its third round of layoffs. Early trades show negative money flows in major tech stocks (AAPL, AMZN, GOOG, META, MSFT, NVDA, TSLA) and ETFs (SPY, QQQ), with the momo crowd buying and smart money locking in stocks and gold.

Portfolio Pulse from The Arora Report

December 04, 2023 | 2:59 pm

EPSN

Epsilon Energy Ltd. (NASDAQ:EPSN) declared a quarterly dividend of $0.0625 per share, payable on December 29, 2023, to shareholders of record as of December 15, 2023. The company also provided an operational update, reporting that two recently completed wells in Ector County, Texas, have produced approximately 71,000 BOE, with current output over 2,500 BOEPD. Epsilon holds a 25% working interest and 18.75% net revenue interest in these wells. Additionally, in Pennsylvania, three of seven proposed wells are drilled, with the rest expected to be completed in the first half of 2024, which is anticipated to significantly increase NRI production from the Auburn area.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:54 pm

LILA

MOMO

TEO

Benzinga Insights identifies value stocks in the communication services sector based on low P/E ratios. Stocks mentioned include Verizon Communications (VZ), Liberty Latin America (LILA), Hello Gr (MOMO), Telecom Argentina (TEO), and KT (KT). Verizon's EPS increased slightly in Q3, and its dividend yield rose. Liberty Latin America, Hello Gr, and Telecom Argentina also reported increases in EPS, while KT's EPS grew from Q1 to Q2. Value stocks may take time to rebound and carry the risk of not doing so.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 2:45 pm

EXC

Exelon Inc. (NASDAQ:EXC) has seen a 0.26% decrease in its stock price in the current session, trading at $38.89. Over the past month and year, the stock has fallen by 2.57% and 9.68%, respectively. Exelon's P/E ratio of 18.13 is lower than the Electric Utilities industry average of 22.23, which could suggest the stock is undervalued or expected to underperform. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 2:45 pm

ARCT

CCRN

PRE

SPRO

ZYME

The article identifies five value stocks in the healthcare sector based on their low price-to-earnings (P/E) multiples, suggesting they may be undervalued. The stocks mentioned are Cross Country Healthcare (CCRN), Prenetics Global (PRE), Spero Therapeutics (SPRO), Arcturus Therapeutics (ARCT), and Zymeworks (ZYME). The article also provides recent changes in earnings per share for these companies and notes the risks associated with investing in value stocks.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 2:44 pm

ABR

AFCG

FPH

RITM

SEVN

Benzinga Insights identifies value stocks in the real estate sector based on low P/E ratios. AFC Gamma (AFCG), Arbor Realty Trust (ABR), Rithm Capital (RITM), Five Point Holdings (FPH), and Seven Hills Realty Trust (SEVN) are highlighted for their undervaluation. The article provides recent EPS and dividend yield changes for these companies, suggesting potential investment opportunities.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 2:39 pm

CIFR

Cipher Mining's stock (CIFR) is trading higher following a production update for November. The increase is also attributed to a surge in Bitcoin prices over the weekend.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:28 pm