Streetbeat News

Earnings

BIOX

Bioceres Crop Solutions (NASDAQ:BIOX) is expected to release its quarterly earnings report on Monday, 2023-11-13, with analysts estimating an EPS of $0.06. Investors are looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows mixed results with both misses and beats, and varying stock price reactions. Shares are currently trading at $10.59, down 24.25% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:01 pm

CLSD

Clearside Biomedical (NASDAQ:CLSD) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with analysts expecting an EPS of $-0.15. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has been sensitive to earnings performance and guidance. Last quarter, CLSD missed EPS estimates by $0.01, resulting in a 6.6% share price drop the following day. Over the past year, CLSD shares have declined by 33.8%.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:01 pm

SOHU

Sohu.com (NASDAQ:SOHU) is scheduled to release its quarterly earnings report on Monday, 2023-11-13, with analysts expecting an EPS of $-0.62. The company's stock performance has been negative over the last year, with a 40.15% decline. Historical data shows that Sohu.com's share price is sensitive to earnings performance and guidance, with past earnings misses leading to share price drops.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:01 pm

HROW

Harrow Health (NASDAQ:HROW) is expected to release its quarterly earnings report on Monday, 2023-11-13, with analysts estimating an EPS of $0.05. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Harrow Health's stock price has been sensitive to earnings performance and guidance. Last quarter, the company beat EPS estimates but saw a 15.45% drop in share price the following day. Over the last year, HROW shares have increased by 9.31%, indicating a generally positive sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:00 pm

LFLY

Leafly Holdings, Inc. (NASDAQ:LFLY) reported a 10% year-over-year decrease in Q3 revenue to $10.6 million, citing a challenging environment for cannabis retail and brand customers. Despite a reduction in total operating expenses and an improvement in gross margin, the company experienced a net loss of $2.2 million. Leafly regained compliance with Nasdaq's minimum bid price rule and expects Q4 revenue around $9.5 million with an adjusted EBITDA loss of $1.3 million. LFLY shares dropped 1.73% in pre-market trading.

Portfolio Pulse from Jelena Martinovic

November 10, 2023 | 2:59 pm

FCEL

PLUG

FuelCell Energy Inc (NASDAQ:FCEL) stock dropped by 6.3% to $1.04, reacting to Plug Power Inc's (NASDAQ:PLUG) negative Q3 financial results and going concern warning. Plug Power reported a $3.8 billion deficit, negative cash flows, and missed revenue and EPS estimates, raising concerns about the fuel cell industry's viability. This has led to a loss of investor confidence and a potential sell-off in related stocks, including FCEL.

Portfolio Pulse from Henry Khederian

November 10, 2023 | 2:52 pm

FBIO

INVO

MRAI

TCON

TMCI

WYNN

U.S. stocks traded higher with the Dow Jones gaining over 100 points. Wynn Resorts (NASDAQ:WYNN) reported Q3 earnings that exceeded expectations with $1.67 billion in revenue and adjusted EPS of 99 cents, surpassing the consensus estimate. TRACON Pharmaceuticals (NASDAQ:TCON), INVO Bioscience (NASDAQ:INVO), and Marpai (NASDAQ:MRAI) saw significant stock increases following positive news. Conversely, Babcock & Wilcox Enterprises (NYSE:BW), Treace Medical Concepts (NASDAQ:TMCI), and Fortress Biotech (NASDAQ:FBIO) experienced substantial stock declines after reporting disappointing financial results or public offerings.

Portfolio Pulse from Lisa Levin

November 10, 2023 | 2:48 pm

GROV

IMKTA

STG

VLGEA

Benzinga Insights has identified five value stocks in the consumer defensive sector based on their low P/E multiples, suggesting they may be undervalued. The stocks are Village Super Market (VLGEA), Sunlands Technology (STG), Grove Collaborative Hldgs (GROV), iHuman (IH), and Ingles Markets (IMKTA). The article provides recent earnings per share data and dividend yields for these companies, indicating their financial performance and shareholder returns.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 2:40 pm

GSM

HCC

LXU

The article highlights five value stocks in the Basic Materials sector based on low P/E ratios, indicating potential undervaluation. United States Steel (X), Celanese (CE), LSB Industries (LXU), Warrior Met Coal (HCC), and Ferroglobe (GSM) are noted for their P/E ratios and recent financial performance, including changes in earnings per share and dividend yields. The article suggests that while value stocks may be undervalued, there is a risk they may not rebound as expected.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 2:39 pm

SUNW

Sunworks (NASDAQ:SUNW) reported Q3 adjusted EPS of $(0.24), which was in line with analyst estimates but represented a 50% increase in losses from the same period last year. Sales for the quarter were $28.70M, significantly missing the consensus estimate of $42.90M and marking a 29.51% decrease from the previous year's sales.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 2:30 pm