Streetbeat News

Earnings

DAL

DPZ

WBA

XOM

The CNN Money 'Fear and Greed' index showed easing investor fears, but remained in the 'Fear' zone. U.S. stocks settled higher on Wednesday as investors awaited the release of the consumer price index. Exxon Mobil Corporation's shares fell around 3.6% after it signed an agreement to acquire Pioneer Natural Resources Company. Investors are awaiting earnings results from Walgreens Boots Alliance, Inc., Delta Air Lines, Inc., and Domino's Pizza, Inc.

Portfolio Pulse from Lisa Levin

October 12, 2023 | 7:14 am

TSLA

Tesla Inc (NASDAQ:TSLA) is taking questions from shareholders ahead of their Q3 earnings. The most upvoted questions will be addressed by Tesla leadership on Oct. 18th. Questions pertain to Tesla's upcoming Cybertruck, its humanoid robot Optimus, the status of the announcements made on battery day and the availability of the Model 3 Highland in U.S. Tesla's Q3 deliveries missed consensus forecasts earlier this month.

Portfolio Pulse from Anan Ashraf

October 12, 2023 | 6:43 am

TSLA

Morgan Stanley analyst Adam Jonas predicts Tesla's Q3 gross margins to fall to 17.5% and a U.S. GAAP EPS of $0.56, lower than the consensus estimate of $0.65. Jonas notes a cautious sentiment around Tesla's earnings estimates for the last two quarters of 2021. Investors are focusing on the company's forward outlook rather than the result itself. Jonas also mentions a lack of enthusiasm around Tesla's upcoming Cybertruck. If the vehicle's launch is delayed, Tesla might resort to price cuts to maintain demand.

Portfolio Pulse from Anan Ashraf

October 12, 2023 | 5:41 am

ORC

Orchid Island Capital has reported an estimated GAAP net loss of $1.68 per share for Q3 2023. This includes $1.40 per share of net realized and unrealized losses on RMBS and derivative instruments.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 9:31 pm

VSCO

Victoria's Secret & Co. (NYSE:VSCO) shares traded higher in the after-hours session following the announcement of a strategic plan and reaffirmation of its full-year 2023 guidance. The company also revised its third-quarter earnings per share outlook and net sales forecast. Shares of VSCO were up 2.55% at $15.31 in the after-hours session.

Portfolio Pulse from Ryan Gustafson

October 11, 2023 | 9:13 pm

OR

Osisko Gold Royalties Ltd has announced that it is guiding towards the lower end of its Gold Equivalent Ounces (GEO) delivery guidance for 2023. The company also stated that it is not expecting any reportable GEOs from Renard in Q4.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 9:06 pm

TSRI

TSR (NASDAQ:TSRI) reported Q1 earnings of $0.24 per share, a 9.09% increase YoY. However, sales decreased by 14.07% to $22.51M compared to $26.20M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 9:02 pm

RELL

Richardson Electronics has reported its Q1 GAAP EPS at $0.09, beating the estimate of $51.10M with sales of $52.58M.

Portfolio Pulse from Bill Haddad

October 11, 2023 | 8:37 pm

VSCO

Victoria's Secret has revised its Q3 net sales forecast, now expecting a decline of 3%-5% from its previous guidance for a decline in the low- to mid-single digit range.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 8:33 pm

VSCO

Victoria's Secret has revised its Q3 adjusted EPS outlook from $(0.70)-$(1.00) to $(0.70)-$(0.90), with a consensus of $(0.79).

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 8:31 pm