Streetbeat News

Earnings

HAS

Hasbro reported worse-than-expected Q3 financial results and anticipates a revenue decline in FY23. B of A Securities has downgraded the stock to Neutral.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 7:26 pm

MMSI

Needham analyst Mike Matson has reiterated a Buy rating on Merit Medical Systems, Inc. (NASDAQ:MMSI) but lowered the price target from $96 to $81. Despite a solid Q3 2023 performance, the company is undergoing a turnaround after facing challenges with acquisitions and a declining operating margin. Matson expects revenue and EPS growth to improve, and management is implementing a plan to increase the operating margin and cash flow. The price target was lowered due to a downward revaluation of the company's peers.

Portfolio Pulse from Nabaparna Bhattacharya

October 27, 2023 | 7:10 pm

WELL

Welltower (NYSE:WELL) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.89. The company's past performance shows a generally positive trend, with shares up 33.83% over the last 52-week period. Investors will be looking for not only an earnings beat but also positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:02 pm

JKS

JinkoSolar Holding Co (NYSE:JKS) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $1.44. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. Over the last 52-week period, JinkoSolar's shares are down 45.55%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:02 pm

RMBS

Rambus (NASDAQ:RMBS) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.41. The company's previous quarter saw a miss in EPS by $0.08, resulting in a 12.36% drop in share price. Over the last 52-week period, Rambus shares have increased by 69.61%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:01 pm

CACC

Credit Acceptance (NASDAQ:CACC) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an EPS of $5.71. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $410.92, down 12.85% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:01 pm

OTTR

Otter Tail (NASDAQ:OTTR) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $1.62. The company's previous quarter saw an EPS beat by $0.50, resulting in a 9.59% increase in share price the next day. Shares of Otter Tail were trading at $71.15 as of October 26, with a 52-week increase of 4.78%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:01 pm

NEXA

Nexa Res (NYSE:NEXA) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $-0.08. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $5.51, with a 52-week increase of 8.96%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:01 pm

RIG

Transocean (NYSE:RIG) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an EPS of $-0.23. Last quarter, the company missed EPS by $0.03, resulting in a 4.89% drop in share price. Shares of Transocean were trading at $6.69 as of October 26, and over the last 52-week period, shares are up 78.4%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:01 pm

TRNS

Transcat (NASDAQ:TRNS) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.39. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. Transcat's shares were trading at $93.53 as of October 26, and have seen a 10.14% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:01 pm