Streetbeat News

Earnings

EDU

TAL

Beststudy Education Group has successfully pivoted from traditional academic tutoring to extra-curricular courses and study tours, significantly boosting its revenue and profits. The company has benefited from a supportive policy environment in China, leading to a 70% rise in its share price this year. Meanwhile, U.S.-listed TAL Education has also returned to profitability, with a 50% increase in revenue.

Portfolio Pulse from The Bamboo Works

August 26, 2024 | 1:25 pm

XPEV

XPeng Inc (NYSE:XPEV) saw its stock rise over 5% in premarket trading after CEO Xiaopeng acquired over 2 million shares, signaling confidence in the company's growth. Despite a 60.2% year-on-year revenue increase, XPeng missed analyst estimates. The stock has dropped 62% over the past year due to weak demand and tariffs.

Portfolio Pulse from Anusuya Lahiri

August 26, 2024 | 1:00 pm

CPA

DLX

GNK

The article highlights three industrial stocks with high dividend yields: Genco Shipping & Trading Limited (GNK), Copa Holdings, S.A. (CPA), and Deluxe Corporation (DLX). Analysts have provided ratings and price targets for these stocks, with recent earnings reports influencing their outlook.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:54 pm

CPNG

FAT

VFC

Insider trades reveal significant purchases in Coupang, V.F. Corporation, and FAT Brands, indicating potential confidence in these companies. Coupang's director bought $6.9M worth of shares after a profitable quarter, V.F. Corporation's director invested $250,500 following strong financial results, and FAT Brands' director acquired shares despite recent downbeat results.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:47 pm

COWZ

NNN

SHW

V

Sherwin-Williams, Visa, NNN REIT, and Pacer US Cash Cows 100 ETF were highlighted on CNBC's 'Final Trades'. Sherwin-Williams hit an all-time high and raised its 2024 EPS guidance. Visa's earnings met expectations but missed sales estimates. NNN REIT has a 5% yield and a raised price target. Pacer US Cash Cows 100 ETF is noted for high free cash flow yield.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:43 pm

CTEX

DQ

Daqo New Energy Corp. (NYSE:DQ) reported disappointing Q2 results, missing EPS and sales estimates due to challenges in the solar industry. Revenue fell significantly, and the company reported a gross loss. Daqo's production volume increased, but the average selling price of polysilicon dropped. The company has adjusted its production forecasts and announced a share repurchase program. DQ shares fell 7.24% premarket. Investors can also gain exposure through ProShares S&P Kensho Cleantech ETF (NYSE:CTEX).

Portfolio Pulse from Lekha Gupta

August 26, 2024 | 12:41 pm

JD

PDD

JD.com shares are experiencing a decline due to PDD Holdings' disappointing Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:36 pm

APWC

Asia Pacific Wire & Cable (NASDAQ:APWC) reported a significant decrease in earnings per share (EPS) for the first half of the year, with a loss of $(0.02) compared to $0.001 the previous year. However, the company saw a 10.76% increase in sales, reaching $214.30 million.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:35 pm

DQ

DAQO New Energy shares fell after the company reported disappointing Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:32 pm

JWN

Nordstrom, Inc. (NYSE:JWN) is set to release its Q2 earnings report, with analysts expecting a decrease in earnings per share compared to last year. The company has declared a quarterly dividend of 19 cents per share, offering a 3.50% annual yield. Investors can earn $500 monthly from dividends with a significant investment. Nordstrom's stock recently gained 2.7%.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:28 pm