Streetbeat News

Earnings

KFFB

Kentucky First Federal (NASDAQ:KFFB) reported a significant decrease in earnings for Q1, with a loss of $(0.02) per share compared to a profit of $0.05 per share in the same quarter of the previous year, marking a 140 percent decrease.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:33 pm

LEGH

Legacy Housing Corporation's stock (LEGH) is trading higher despite the company reporting mixed results for its third-quarter earnings. The term 'mixed' typically indicates that some aspects of the earnings report were positive, while others did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:25 pm

AFRM

Affirm Holdings, Inc. (AFRM) shares are trading lower following a recent surge due to strong Q1 results. The stock is experiencing a pullback as the market reacts to its previous gains.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:23 pm

INDV

Indivior's stock price is trading lower following the release of their Q3 financial results on Thursday.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:22 pm

PLTR

Palantir Technologies Inc. shares are trading higher, potentially extending gains following the company's strong Q3 earnings report last week.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:20 pm

AMC

AMC Entertainment Holdings Inc (NYSE:AMC) stock dropped 7.5% to $8.06 due to ongoing weakness after reporting Q3 financial results and announcing a $350 million at-the-market offering. The offering involves Citigroup, Barclays, B. Riley Securities, and Goldman Sachs as sales agents. AMC's Q3 report showed a revenue increase of 45.2% year-over-year to $1.41 billion, beating estimates, and an EPS loss of 9 cents, also above expectations. The company's 52-week stock price range is $7.05 to $91.50.

Portfolio Pulse from Henry Khederian

November 10, 2023 | 8:12 pm

BW

DRCT

MRAI

PLUG

TCON

TTD

TWOU

The Nasdaq Composite saw a significant rise, gaining around 250 points on Friday, while the Dow and S&P 500 also traded higher. The Trade Desk, Inc. (TTD) reported better-than-expected third-quarter earnings but provided a weaker revenue forecast for the fourth quarter, below analyst expectations. Other companies like TRACON Pharmaceuticals, Inc. (TCON), Direct Digital Holdings, Inc. (DRCT), and Marpai, Inc. (MRAI) saw their shares rise after reporting financial results or corporate actions. Conversely, Babcock & Wilcox Enterprises, Inc. (BW), Plug Power Inc. (PLUG), and 2U, Inc. (TWOU) experienced significant share price drops following their earnings reports and outlooks. In commodities, oil prices increased while gold and silver declined. European and Asian markets closed mostly lower, and U.S. consumer sentiment hit a six-month low.

Portfolio Pulse from Lisa Levin

November 10, 2023 | 8:07 pm

TWLO

Twilio's stock (TWLO) is experiencing an upward trend following the company's report of Q3 financial results that surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:06 pm

GRAB

Benchmark analyst Fawne Jiang reiterated a Buy rating on Grab Holdings (NASDAQ:GRAB) with a price target of $6, following a strong quarter with group-level profitability for the first time. Jiang highlights GRAB's competitive edge in affordability and its position as a super-app and multi-region operator. Despite macro uncertainty, Jiang is confident in GRAB's market share gain and sees it as a market consolidator in Southeast Asia, recommending it as a core emerging market investment. The FY23 revenue estimate was raised to $2.34 billion, with adjusted EBITDA at $(20) million.

Portfolio Pulse from Anusuya Lahiri

November 10, 2023 | 7:57 pm

AMC

AMC Entertainment's stock is trading lower due to ongoing weakness following its Q3 financial results and the announcement of a $350 million at-the-market offering.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:48 pm