Streetbeat News

Earnings

HTCR

HeartCore Enterprises (NASDAQ:HTCR) reported Q2 losses of $(0.04) per share, missing the analyst consensus estimate of $0.11 by 136.36%. However, the company reported quarterly sales of $5.10 million, beating the analyst consensus estimate of $3.20 million by 59.23%.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:45 pm

ABL

Abacus Life reported its Q2 revenue of $18.3M, which is an increase from $14.1M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:44 pm

INDP

Indaptus Therapeutics reported Q2 losses of $(0.39) per share, beating the analyst consensus estimate of $(0.58) by 32.76 percent. This represents a 15.22 percent increase over losses from the same period last year.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:43 pm

TMC

TSHA

TSLA

Taysha Gene Therapies reported initial clinical data from the first adult Rett Syndrome patient dosed in REVEAL Phase 1/2 trial and provided a corporate update with Q2 2023 financial results. The Metals Company shares traded higher after announcing a registered direct offering at $2/share plus warrants. Tesla shares traded lower after the company cut some Model Y prices in China.

Portfolio Pulse from ryanfaloona@benzinga.com

August 14, 2023 | 12:43 pm

ELOX

Eloxx Pharmaceuticals reported Q2 losses of $1.96 per share, missing the analyst consensus estimate of $1.54 by 27.27%. This represents a 1533.33% increase in losses compared to the same period last year.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:43 pm

FNKO

REE

TRNR

UHG

WOOF

The article lists the top 5 oversold stocks in the consumer discretionary sector, which may present an opportunity for investors. The stocks mentioned are United Homes Group, Inc. (UHG), Interactive Strength Inc. (TRNR), REE Automotive Ltd. (REE), Funko, Inc. (FNKO), and Petco Health and Wellness Company, Inc. (WOOF). The companies have reported various financial results and partnerships, and their stocks have been trading near their 52-week lows.

Portfolio Pulse from Lisa Levin

August 14, 2023 | 12:41 pm

REBN

Reborn Coffee (NASDAQ:REBN) reported Q2 sales of $1.50 million, a 90.24% increase from $788.48 thousand in the same period last year. However, the company also reported a net loss of $1.3 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:40 pm

VIRX

Viracta Therapeutics reported Q2 losses of $0.32 per share, missing the analyst consensus estimate of $0.28 by 14.29%. This represents a 14.29% increase in losses compared to the same period last year.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:40 pm

MDV

Modiv (NYSE:MDV) reported a decrease in its Q2 AFFO per share from $0.35 last year to $0.31 this year, marking an 11.43% decrease. However, the company's sales increased from $10.14 million to $11.84 million over the same period.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:39 pm

BMY

PXD

UNH

On CNBC's 'Halftime Report Final Trades', Karen Firestone of Aureus Asset Management named American Express Company as her final trade, despite the company missing Q2 revenue consensus. Bill Baruch of Blue Line Futures picked Pioneer Natural Resources Company, which posted better-than-expected Q2 results. Stephen Weiss of Short Hills Capital Partners is sticking with UnitedHealth Group Incorporated, which reported an 8% Y/Y increase in Q2 profits.

Portfolio Pulse from Lisa Levin

August 14, 2023 | 12:39 pm