Streetbeat News

Earnings

ZTO

ZTO Express (Cayman) (NYSE:ZTO) is scheduled to release its quarterly earnings report on Thursday, 2023-11-16. Analysts predict an EPS of $0.38. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, ZTO's stock price has shown varied reactions to earnings reports, with both increases and decreases in share price following announcements. Shares are currently trading at $24.39, with a 10.37% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:00 pm

M

Macy's (NYSE:M) is scheduled to release its quarterly earnings report on Thursday, 2023-11-16, with analysts expecting an EPS of $0.02. Investors are looking for an earnings beat and positive guidance for the next quarter. Macy's has a history of mixed post-earnings stock performance, with shares currently down 47.55% over the last 52 weeks. The stock was trading at $11.73 as of November 14.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:00 pm

WMT

Walmart (NYSE:WMT) is scheduled to release its quarterly earnings report on Thursday, 2023-11-16. Analysts predict an EPS of $1.41. In the past, Walmart's stock price has been influenced by earnings performance and guidance. Last quarter, Walmart exceeded the EPS estimate by $0.14, leading to a 1.44% stock price increase the following day. Over the last year, Walmart shares have risen by 13.58%, trading at $167.65 as of November 14.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:00 pm

AREB

American Rebel Holdings reported its Q3 2023 earnings with an EPS of $(0.95), an improvement from $(8.90) in the same quarter the previous year. However, revenue decreased to $3.45M from $4.102M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:46 pm

HD

Home Depot Inc (NYSE:HD) reported Q3 FY23 sales of $37.71 billion, surpassing estimates of $35.66 billion, with EPS of $3.81 beating the $3.58 consensus. The company's dividend yield is 2.75%, with a quarterly dividend of $2.09 per share. To earn $500 monthly in dividends, an investor would need 718 shares, valued at approximately $218,006. For $100 monthly, 144 shares or $43,723 would be required. Dividend yield fluctuates with stock price and dividend changes. HD shares rose 5.4% to close at $303.63 following the earnings report.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 1:44 pm

KZIA

Kazia Therapeutics Limited (KZIA) released an abstract for the PNOC022 clinical study, which will be presented at the Society of Neuro-Oncology 2023 Annual Meeting. The study shows promising results for paxalisib in treating Diffuse Midline Glioma (DMG), with a median overall survival of 16.5 months compared to the standard of care's 8-11 months. Paxalisib has received Rare Pediatric Disease Designation from the FDA, potentially leading to a priority review voucher.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:35 pm

SAR

Saratoga Investment Corp. (NYSE:SAR) has increased its quarterly dividend from $0.71 to $0.72 per share for the fiscal third quarter ended November 30, 2023. This marks the fifteenth consecutive quarterly dividend increase. The dividend is payable on December 28, 2023, to shareholders of record as of December 11, 2023. The company attributes the increase to record earnings driven by high interest rates on floating rate assets, portfolio growth, and fixed rate liabilities. The annualized dividend rate suggests an 11.5% yield and a 17.2% earnings yield based on the recent stock price of $25.06 as of November 13, 2023. Shareholders can opt for cash payment or stock through the dividend reinvestment plan (DRIP).

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:32 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares are poised to continue their upward trend, rising 2.06% in premarket trading to $242.29. The increase is attributed to the announcement of the Cybertruck launch event on November 30, confirmed by Tesla's VP of Investor Relations, Martin Viecha. The Cybertruck is anticipated to boost Tesla's EV lineup, with production expected to ramp up in 2024. Elon Musk projected an annual production of around 250,000 Cybertrucks by 2025. Preorders for the Cybertruck have surpassed two million. Additionally, Tesla's stock may be benefiting from positive expectations regarding interest rates following recent tame inflation data.

Portfolio Pulse from Shanthi Rexaline

November 15, 2023 | 1:26 pm

NU

Nu Holdings Ltd (NYSE:NU) reported Q3 FY23 revenue of $2.14 billion, a 64% increase year-over-year, surpassing the $2.05 billion consensus. The growth was driven by customer acquisition and improved monetization in Brazil, with 5.4 million new customers added. The company's ARPAC grew by 18% Y/Y to $10.0, gross profit doubled to $915 million, and adjusted net income increased to $355.6 million from $63.1 million. Adjusted EPS was $0.07, beating the $0.06 consensus. NIM expanded to 18.8%, and deposits grew to $19.1 billion. The credit card and lending portfolios receivables rose to $15.4 billion. Despite the strong financial performance, NU shares dropped 1.47% to $8.70 in premarket trading.

Portfolio Pulse from Lekha Gupta

November 15, 2023 | 1:25 pm

USAS

Americas Gold And Silver Corporation (AMEX:USAS) reported Q3 earnings with an EPS of $-0.04, missing estimates by 100% compared to the expected $-0.02. Revenue decreased by $10 thousand from the same period last year. Following last quarter's earnings miss, USAS's share price dropped by 4% the next day.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 1:25 pm