Streetbeat News

Earnings

LSXMA

SBGI

TGNA

The article discusses value stocks in the communication services sector, highlighting Tegna (TGNA), Scienjoy Holding (SJ), Sinclair (SBGI), Verizon Communications (VZ), and Liberty SiriusXM Gr (LSXMA). It provides their P/E ratios and recent earnings per share. Tegna and Sinclair saw a decrease in earnings per share, while Scienjoy Holding, Verizon, and Liberty SiriusXM Gr experienced an increase.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:45 pm

ASRT

CALC

FWBI

OSUR

QNRX

Benzinga Insights has identified five value stocks in the healthcare sector based on quantified analysis. These include OraSure Technologies (P/E: 9.83), Assertio Holdings (P/E: 1.47), CalciMedica (P/E: 0.0), Quoin Pharmaceuticals (P/E: 0.01), and First Wave BioPharma (P/E: 0.0). The Q2 earnings per share for these companies have shown mixed results compared to Q1.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:44 pm

ABR

CHCI

LSEA

RITM

RMR

The article identifies Rithm Capital (RITM), Landsea Homes (LSEA), RMR Gr (RMR), Comstock Holding Co (CHCI), and Arbor Realty Trust (ABR) as notable value stocks in the real estate sector. It provides their P/E ratios and recent earnings per share data. The article also discusses the risks and potential rewards of investing in value stocks.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:39 pm

BUD

STZ

Constellation Brands Inc (NYSE:STZ) has raised its annual guidance following a strong performance in its beer portfolio and a fiscal second quarter sales and profit beat. The company's beer business benefited from increasing prices and a backlash faced by rival Anheuser-Busch Inbev (NYSE:BUD) due to its partnership with transgender influencer Dylan Mulvaney. Despite a 3.2% drop in shares on Thursday due to concerns about Constellation’s other liquor offerings, they were still 6% up year-to-date.

Portfolio Pulse from Upwallstreet

October 09, 2023 | 2:35 pm

APLD

Applied Digital Corp (NASDAQ:APLD) reported Q1 FY24 results with revenue of $36.3 million, up 425% Y/Y, beating the consensus of $34.6 million. The company also reaffirmed its FY24 guidance. Despite the positive results, APLD shares are trading lower by around 9%.

Portfolio Pulse from Lekha Gupta

October 09, 2023 | 2:17 pm

TSLA

Tesla Inc's shares are trading lower due to reports of a decrease in the company's China-made EV sales. The company sold 74,073 China-made vehicles in September, marking a 10.9% YoY decrease. Model 3 and Model Y sales were down 12% from August to September. This news follows Tesla's disappointing Q3 production and delivery numbers. Wells Fargo analyst Colin Langan maintained Tesla with an Equal-Weight rating and lowered the price target from $265 to $260.

Portfolio Pulse from Adam Eckert

October 09, 2023 | 2:11 pm

AZZ

AZZ Inc. (NYSE:AZZ) is set to release its latest quarterly earnings report on October 10, 2023. Analysts estimate an earnings per share (EPS) of $1.08. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varying stock price changes. The company's shares are currently trading at $44.77, up 45.84% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:00 pm

ETWO

E2open Parent Holdings (NYSE:ETWO) is set to release its latest quarterly earnings report on October 10, 2023. Analysts estimate an earnings per share (EPS) of $0.05. The company's past performance shows a mixed trend with the last quarter witnessing a 0.35% increase in share price following an EPS miss. The company's shares are currently trading at $4.27, down 26.26% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:00 pm

NEOG

Neogen (NASDAQ:NEOG) is set to release its latest quarterly earnings report on October 10, 2023. Analysts estimate an earnings per share (EPS) of $0.12. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. Neogen's shares were trading at $17.13 as of October 6, with a 52-week increase of 45.63%.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:00 pm

WBA

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is expected to report lower Q4 earnings at 69 cents per share, down from 80 cents per share a year ago. The company's revenue is projected to be $34.82 billion, up from $32.45 billion in the same period last year. Several analysts have recently adjusted their price targets for the company, with most maintaining a neutral rating.

Portfolio Pulse from Lisa Levin

October 09, 2023 | 1:14 pm