Streetbeat News

Earnings

LOB

Live Oak Bancshares (NYSE:LOB) is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.48. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. However, the stock has seen a general decline over the last 52-week period, with shares down 8.42%.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 8:01 pm

HBNC

Horizon Bancorp (NASDAQ:HBNC) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.36. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. However, the stock has been on a downward trend, with shares down 51.44% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 8:01 pm

IEX

IDEX (NYSE:IEX) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $1.89. The company's past performance shows a pattern of share price changes following earnings reports. Shares of IDEX were trading at $192.83 as of October 23, with a 12.44% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 8:01 pm

FPI

Farmland Partners (NYSE:FPI) is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.07. The company's past performance shows a mix of positive and negative price changes post-earnings release. The stock was trading at $10.36 as of October 23, with a 52-week return of -24.7%.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 8:01 pm

KALU

Kaiser Aluminum (NASDAQ:KALU) is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.50. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. However, the stock has been down 20.1% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 8:01 pm

AR

Antero Resources (NYSE:AR) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.03. The company's past performance shows a mixed trend of meeting or missing EPS estimates, with the share price often reacting accordingly. The stock is currently trading at $27.86, down 20.59% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 8:00 pm

KTCC

Keytronic Corporation (NASDAQ:KTCC) has announced its preliminary results for Q1 FY24, expecting to report an EPS of $0.02 and revenue of $147.7M. The company also anticipates Q2 EPS to range between $0.05-$0.10 and revenue between $135M-$145M. The lower than expected earnings are due to unanticipated severance costs from workforce reduction in Mexico and the US. The company also continues to be impacted by the strength of the Mexican Peso and high interest expense.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 7:50 pm

STLD

Shares of Steel Dynamics are trading higher, possibly in sympathy with Nucor, which saw gains following its Q3 earnings report. The rise may also be attributed to hopes of stimulus in China, which could potentially lift the metals sector.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 7:44 pm

ITA

PPA

RTX

Defense-related stocks rose amid rising tensions in the Israel-Hamas war. The iShares U.S. Aerospace & Defense ETF (ITA) and the Invesco Aerospace & Defense ETF (PPA) rallied, while RTX Corporation (RTX) surged by 6.7% following better-than-expected earnings. The SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ) also gained. Israeli-related stocks, represented by the iShares MSCI Israel ETF (EIS), broke a nine-day losing streak. Gold, tracked by the SPDR Gold Trust (GLD), traded flat, while Bitcoin (BTC) was 2% higher.

Portfolio Pulse from Piero Cingari

October 24, 2023 | 7:37 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) is set to release its first-quarter 2024 fiscal year financial results after the market closes on Tuesday. Analysts estimate earnings per share of $2.50 on revenues of $51.4 billion. Citigroup analyst Tyler Radke maintained a Buy rating and raised the price target from $420 to $430. From a technical analysis perspective, Microsoft’s stock looks bullish heading into the event, trading in a falling channel pattern.

Portfolio Pulse from Melanie Schaffer

October 24, 2023 | 7:15 pm