Streetbeat News

Earnings

BLPH

HGEN

INPX

STOK

VZ

U.S. stocks traded higher with the Nasdaq Composite gaining more than 100 points. Verizon Communications reported better-than-expected earnings for its second quarter, despite a sales decline of 3.5% YoY. Inpixon shares shot up 87% after the company agreed to merge with XTI Aircraft Company. Humanigen shares dropped 76% as it anticipates bankruptcy. Bellerophon Therapeutics shares were down 39% after the company received a delisting notice. Stoke Therapeutics was down 33% after announcing new safety and efficacy data.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 6:31 pm

IP

International Paper Company's shares are trading higher in sympathy with Packaging Corp, which saw gains after reporting Q2 results.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 6:28 pm

AAPL

Goldman Sachs analysts predict Apple Inc (AAPL) will surpass the $1.19 consensus earnings per share (EPS) forecast with an EPS of $1.21 in its Q3 earnings report on Aug. 3, driven by strong performance in Mac and Services. The bank's Mac revenue forecast of $9.4 billion is significantly higher than FactSet's consensus of $6.3 billion. Services revenue is expected to reach $21.8 billion, an 11% YoY growth. Despite concerns around valuation and downside risks, Goldman Sachs maintains a positive outlook on Apple, citing the growing iPhone installed base as a key factor for increasing monetization per user.

Portfolio Pulse from AJ Fabino

July 25, 2023 | 6:09 pm

ASX

ASE Technology has reported its revenue for June and Q2, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 6:06 pm

F

GM

Ford shares are trading lower, potentially in sympathy with General Motors, which saw a decrease following its Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 6:03 pm

SB

Safe Bulkers (NYSE:SB) is set to release its quarterly earnings report on July 26, 2023. Analysts estimate an EPS of $0.12. The company's past performance shows a trend of share price changes following earnings reports. The company's shares were trading at $3.21 as of July 24, with a 52-week return of -13.89%.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 6:02 pm

RJF

Raymond James Finl (NYSE:RJF) is set to release its quarterly earnings report on July 26, 2023. Analysts estimate an EPS of $2.16. The company's past performance shows a pattern of share price changes following earnings reports. Last quarter, the company missed EPS by $0.20, resulting in a 3.05% drop in share price. The stock was trading at $109.65 as of July 24, with a 52-week increase of 15.23%.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 6:02 pm

NGD

New Gold (AMEX:NGD) is set to release its quarterly earnings report on July 26, 2023. Analysts estimate an EPS of $0.02. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $1.21 and has seen a 67.61% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 6:02 pm

NOA

North American (NYSE:NOA) is set to release its quarterly earnings report on Wednesday, 2023-07-26. Analysts estimate an earnings per share (EPS) of $0.26. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $19.19 and has seen a 62.51% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 6:02 pm

SLM

SLM Corporation (NASDAQ:SLM) is set to release its quarterly earnings report on July 26, 2023. Analysts estimate an EPS of $1.07. Last quarter, the company beat EPS by $0.12, leading to a 4.16% increase in share price. However, the stock has been down 3.51% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 6:02 pm