Streetbeat News

Earnings

AFRM

HOOD

Affirm Holdings Inc (NASDAQ:AFRM) and Robinhood Markets Inc (NASDAQ:HOOD) stocks are trading higher in anticipation of the Federal Open Market Committee (FOMC) meeting. Investors are keen on the Fed's 'dot plot' and economic projections, which could indicate future monetary policy. Both companies, benefiting from lower interest rates, could see increased revenue and growth if the Fed adopts a dovish stance, reducing borrowing costs and stimulating consumer spending and investment.

Portfolio Pulse from Henry Khederian

March 20, 2024 | 3:24 pm

WWR

Westwater Resources, Inc. (NYSE:WWR) shares surged after reporting FY23 results, showing an EPS loss improvement, increased product development expenses, and a significant cash settlement from the Republic of Turkey. The company highlighted its first off-take agreement with a Tier 1 battery manufacturer and progress on the Kellyton Graphite Plant, positioning it well for 2024.

Portfolio Pulse from Lekha Gupta

March 20, 2024 | 3:10 pm

IGC

IGC Pharma announced positive interim results for its study on IGC-AD1, showing significant reductions in Alzheimer's agitation compared to placebo. The study met its primary endpoint, demonstrating clinical and statistically significant reductions in agitation associated with dementia due to Alzheimer's disease.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 3:08 pm

LGO

Largo (NASDAQ:LGO) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts expecting an EPS of $-0.05. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to significant share price drops the following day. Over the last year, Largo's shares have decreased by 64.35%, indicating a negative sentiment among long-term shareholders. Investors will be closely watching the upcoming earnings report, especially the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:02 pm

LGO

Largo (NASDAQ:LGO) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with analysts expecting an EPS of $-0.05. The focus for investors will be on whether Largo beats this estimate and provides positive guidance for the next quarter. Largo's past earnings performance shows a trend of missing EPS estimates, leading to significant drops in share price. Currently, Largo shares are trading at $1.69, marking a 64.35% decrease over the last 52 weeks, indicating general investor dissatisfaction.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm

CUTR

Cutera (NASDAQ:CUTR) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts expecting an EPS of $-0.99. The company's past earnings performance shows a trend of missing EPS estimates, leading to significant drops in share price. Shares are currently trading at $1.98, down 91.69% over the last 52 weeks. Investors are looking for a beat on the EPS estimate and positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm

SCHL

Scholastic (NASDAQ:SCHL) is anticipated to report a quarterly EPS of $-0.80 on March 21, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical data shows a correlation between earnings performance and stock price movement, with shares currently down 11.65% over the last 52 weeks. The upcoming earnings report is crucial for investor sentiment, especially considering past fluctuations in share price following earnings announcements.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm

EXAI

Exscientia (NASDAQ:EXAI) is scheduled to release its quarterly earnings report on March 21, 2024, with an expected EPS of $-0.35. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for the next quarter. Historical data shows that Exscientia's stock price tends to react more to guidance than to earnings beats or misses. In the past, despite beating EPS estimates, the stock price has experienced declines the following day. Currently, shares are trading at $6.23, down 7.23% over the last 52 weeks, indicating general dissatisfaction among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm

TITN

Titan Machinery (NASDAQ:TITN) is scheduled to release its quarterly earnings report on March 21, 2024, with an expected EPS of $1.02. Analysts and investors are particularly focused on the company's guidance for future growth. Despite missing the EPS estimate last quarter, TITN's stock price increased by 7.74% the following day. Historically, the company's earnings performance has shown mixed results, with both misses and beats in the past four quarters. Currently, TITN shares are trading at $26.08, reflecting a 6.66% decrease over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm

DBI

Designer Brands (NYSE:DBI) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with analysts expecting an EPS of $-0.47. Historical performance shows mixed results with occasional misses and subsequent stock price drops. Shares are currently trading at $11.14, up 31.46% over the last year. Investors are keen on both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm