Streetbeat News

Earnings

GLOB

Globant (NYSE:GLOB) is expected to release its quarterly earnings report on Thursday, 2023-11-16, with analysts predicting an EPS of $1.48. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Globant's stock price has reacted positively to earnings beats, with the last quarter's beat resulting in a 7.93% share price increase the following day. Over the last 52 weeks, GLOB shares have increased by 1.16% and are currently trading at $182.42.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 3:01 pm

WSM

Williams-Sonoma (NYSE:WSM) is scheduled to release its quarterly earnings report on Thursday, 2023-11-16. Analysts predict an EPS of $3.35. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows mixed stock price reactions to past earnings reports. WSM shares are currently trading at $158.14, with a 23.32% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 3:01 pm

QFIN

Qifu Technology (NASDAQ:QFIN) is expected to release its quarterly earnings report on Thursday, 2023-11-16, with an estimated EPS of $0.88. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Qifu's stock price has shown varied reactions to past earnings performances, with both increases and decreases in share price. Currently, shares are trading at $15.82, up 7.89% over the last 52 weeks. Positive long-term returns may indicate bullish sentiment among shareholders ahead of the earnings release.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 3:00 pm

WWD

Woodward (NASDAQ:WWD) is expected to release its quarterly earnings report on Thursday, 2023-11-16, with analysts predicting an EPS of $1.31. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Woodward's stock price has been sensitive to earnings performance and guidance. Last quarter, Woodward beat the EPS estimate by $0.40, resulting in a 9.54% stock price increase the following day. Over the past year, WWD shares have risen 38.0%, trading at $134.99 as of November 14.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 3:00 pm

BrightView Hldgs (NYSE:BV) is expected to release its quarterly earnings report on Thursday, 2023-11-16, with analysts predicting an EPS of $0.33. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has reacted to past earnings performances and guidance. Last quarter, BV beat the EPS estimate by $0.06, resulting in a 2.3% stock price increase the following day. Over the last year, BV shares have slightly declined by 0.64%, with current trading at $7.79 as of November 14.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 3:00 pm

CMMB

GLBE

HRTX

ISPR

JGGC

TSHA

U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all seeing gains. Producer prices in the U.S. fell by 0.5% in October, the most significant drop since April 2020, defying expectations of a 0.1% rise. Chemomab Therapeutics, Heron Therapeutics, and Taysha Gene Therapies saw their stocks surge after various announcements, while Jaguar Global Growth Corporation, Ispire Technology, and Global-e Online experienced significant declines. Oil and gold prices fell slightly, while silver and copper rose. European shares were up, and Asian markets closed higher, with notable economic data from the Eurozone and Asia Pacific regions.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 2:57 pm

PCT

Bleecker Street Research has issued a second report on PureCycle Technologies (PCT), highlighting operational issues and the risk of imminent default due to the company's inability to meet production milestones. PureCycle's Ironton facility has faced production shortfalls, leading to a planned shutdown for repairs. The company's debt-heavy capital structure and stringent municipal bond covenants pose a significant risk, as failure to meet production targets could trigger default. The report suggests that PureCycle's equity could become worthless if it defaults, as its assets are collateralized against its bonds. Bleecker Street Research remains short on PCT shares.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 2:50 pm

OLK

Olink Holding (NASDAQ:OLK) reported Q3 earnings with an EPS of $-0.01, beating the estimate of $-0.08 by 87.5%. Revenue increased by $12.38 million compared to the same period last year. The company had previously beaten EPS estimates last quarter, which resulted in a 1.69% share price increase the following day.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:45 pm

CMPO

CPLP

GRNQ

PRG

Benzinga Insights has identified five value stocks in the industrials sector based on low P/E ratios. CompoSecure (CMPO), PROG Holdings (PRG), Greenpro Capital (GRNQ), Capital Product Partners (CPLP), and Safe Bulkers (SB) are on the watch list. CMPO's Q3 EPS decreased by 4%, PRG's EPS decreased slightly, GRNQ reported a negative EPS, CPLP's EPS increased by 12% and reported a higher dividend yield, while SB's EPS decreased with a stable dividend yield. Value stocks may take time to rebound and carry the risk of not doing so.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:41 pm

ENIC

PAM

SPH

TAC

Benzinga Insights has identified notable value stocks in the utilities sector based on low P/E multiples. Enel Chile (ENIC), Suburban Propane Partners (SPH), Pampa Energia (PAM), Hawaiian Electric Indus (HE), and TransAlta (TAC) are highlighted for their valuation metrics. ENIC reported increased Q3 EPS and a high dividend yield, though slightly decreased from last quarter. SPH reported a negative EPS and a decreased dividend yield. PAM's EPS decreased compared to Q2, while HE and TAC both reported increased EPS and dividend yields.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:38 pm