Streetbeat News

Earnings

FOXF

FSR

MPX

VAC

XPEL

The article lists the top 5 oversold consumer discretionary stocks with an RSI near or below 30, indicating potential undervaluation. Fisker Inc. (FSR) is set to report earnings with a recent gain in stock price. Fox Factory Holding Corp. (FOXF) reported disappointing financial results but acquired Marucci Sports. Marine Products Corporation (MPX) had weaker Q3 results due to post-COVID demand normalization and hurricane impact. XPEL, Inc. (XPEL) reported lower earnings but sees strong demand. Marriott Vacations Worldwide Corporation (VAC) experienced a drop in net income but expects recovery with Maui reopening.

Portfolio Pulse from Lisa Levin

November 13, 2023 | 1:46 pm

AEON

AEON Biopharma (AMEX:AEON) has reported its quarterly earnings, with an EPS of $1.19 per share.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:46 pm

NOC

Northrop Grumman Inc. (NYSE:NOC) has seen a slight decrease in its stock price in the current session and has experienced declines over the past month and year. Its P/E ratio is lower than the Aerospace & Defense industry average, which could indicate the stock is undervalued or expected to underperform. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for investment decisions.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:45 pm

IOBT

IO Biotech (NASDAQ:IOBT) reported a Q3 EPS loss of $(0.43), slightly better than the analyst consensus estimate of $(0.44). This represents a 23.21% improvement from the $(0.56) per share loss reported in the same quarter of the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:43 pm

HOUR

Hour Loop has raised its FY23 revenue guidance to a range of $145M-$153M, indicating a 40%-48% year-over-year growth, while maintaining its net income guidance for 2023 at $0.5M-$4M.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:41 pm

HOUR

Hour Loop reported Q3 EPS of $(0.0004), up from $0.01 YoY, with sales increasing to $29.15M from $17.56M YoY. Gross profit percentage decreased to 50.7% due to competition and higher Amazon fees. Operating expenses decreased to 52.5% of net revenues. The company experienced a net loss of $0.02M compared to a net income of $0.15M YoY. Cash reserves decreased to $0.6M, and inventories rose to $23.8M in preparation for the holiday season.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:40 pm

RAPT

RAPT Therapeutics (NASDAQ:RAPT) reported Q3 earnings with an EPS of $-0.82, missing estimates by 9.33% compared to the expected $-0.75. Revenue was unchanged from the same period last year. Previously, the company beat EPS estimates but saw a 2.8% share price drop the following day.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:35 pm

COCP

Cocrystal Pharma (NASDAQ:COCP) reported Q3 earnings with an EPS of $-0.41, beating estimates by 22.64% but with no change in revenue from the same period last year. The previous quarter's EPS beat was followed by a 1.99% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:35 pm

BA

Boeing Company (NYSE:BA) shares rose approximately 3% following the announcement of new contracts with Middle Eastern airlines at the Dubai Airshow. Emirates ordered 90 777X airplanes, increasing their backlog to 205, and added five more 787 jets to their order. flydubai placed an order for 30 787-9 Dreamliners, and Royal Jordanian ordered four 787-9 Dreamliner jets. Boeing's 2023 Commercial Market Outlook anticipates widebody airplanes will represent 45% of Middle East airline deliveries over the next 20 years. Despite a strong quarter in revenue, Boeing's adjusted loss per share was wider than expected.

Portfolio Pulse from Lekha Gupta

November 13, 2023 | 1:35 pm

SCX

L S Starrett (NYSE:SCX) reported a slight decrease in Q1 EPS to $0.25 from $0.27 YoY, while sales saw a marginal increase to $60.64M from $60.46M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:34 pm