Streetbeat News

Earnings

VALN

Valneva (NASDAQ:VALN) reported Q2 losses of $(0.26) per share, a 90.91% increase YoY. Sales were reported at $43.85M, a 42.35% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 7:12 am

FDS

FactSet Research Systems Inc. (NYSE:FDS) is expected to report higher Q4 earnings of $3.50 per share, up from $3.13 per share a year ago. Revenue is projected to be $535.28 million, compared to $499.3 million in the year-ago period. The company's shares fell 0.6% to close at $423.77 on Wednesday. Several analysts have recently adjusted their price targets for the company.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 6:56 am

ENVX

FDX

MARA

TSLA

UPTD

The stock market showed a mixed reaction to the Federal Reserve's decision to maintain the key overnight interest rate unchanged. TradeUP Acquisition Corp. (UPTD) saw a significant increase of 26.42% after announcing an extension for its initial business combination deadline. FedEx Corp. (FDX) experienced a slight uptick of 0.22% after reporting its first-quarter results. Marathon Digital Holdings (MARA) declined by 2.82% after announcing the completion of privately negotiated convertible note exchanges. Enovix Corporation (ENVX) decreased by 5.39% after announcing the acquisition of Korean battery manufacturer Routejade. Tesla Inc. (TSLA) shares dropped by 1.47% influenced by the broader market’s reaction to the Federal Reserve’s decision.

Portfolio Pulse from Benzinga Neuro

September 21, 2023 | 1:53 am

BURU

EPOW

EVTL

FDX

GLBS

KRT

MVST

PSHG

TRNS

VINO

In Wednesday's after-market session, several industrials stocks saw significant movement. Gainers included Nuburu (BURU), FedEx (FDX), Karat Packaging (KRT), and Microvast Holdings (MVST). Losers included Transcat (TRNS), Gaucho Group Holdings (VINO), Sunrise New Energy (EPOW), Globus Maritime (GLBS), Vertical Aerospace (EVTL), and Performance Shipping (PSHG). FedEx's rise was attributed to the release of its Q1 earnings report.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 9:31 pm

KBH

QSG

The article reports on the movement of 12 consumer discretionary stocks in Wednesday's after-market session. QuantaSing Group, Chijet Motor Co, EBET, Arhaus, Traeger, and Volcon were the gainers, while Golden Sun Education Gr, Kaival Brands Innovations, MYT Netherlands Parent, KB Home, Jowell Global, and Leslies were the losers. The article also mentions recent earnings reports for some of these companies.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 9:31 pm

ALZN

AVGR

BJDX

CATX

DARE

FDMT

GEG

IVA

MRNS

OGEN

SNGX

XLO

Several healthcare stocks experienced significant movement in Wednesday's after-market session. Inventiva, Bluejay Diagnostics, Xilio Therapeutics, Marinus Pharma, Dare Bioscience, and Alzamend Neuro saw increases, while Great Elm Group, 4D Molecular Therapeutics, Perspective Therapeutics, Avinger, Soligenix, and Oragenics experienced decreases. Great Elm Group's Q4 earnings were released on the same day.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 9:31 pm

CENT

Central Garden & Pet has reaffirmed its FY23 Non-GAAP EPS expectations of $2.55 or better, slightly below the estimated $2.58.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 8:34 pm

ANEB

Anebulo Pharmaceuticals reported Q4 losses of $(0.10) per share, beating the analyst consensus estimate of $(0.12) by 16.67 percent. This is unchanged from the same period last year.

Portfolio Pulse from Happy Mohamed

September 20, 2023 | 8:30 pm

KBH

KB Home (NYSE:KBH) reported Q3 earnings of $1.80 per share, beating the analyst consensus estimate of $1.43, but a 37.06% decrease YoY. Quarterly sales were $1.59 billion, beating the analyst consensus estimate of $1.48 billion, but a 13.98% decrease YoY. The company also reported a 7% decrease in homes delivered and a decrease in the average selling price. However, KB Home raised the full-year 2023 housing revenues outlook from between $5.80 billion and $6.20 billion to $6.31 billion.

Portfolio Pulse from Ryan Gustafson

September 20, 2023 | 8:29 pm

GNFT

Genfit reported H1 EPS of $(0.4578), down from $(0.23) YoY, and sales of $16.76M, up from $9.62M YoY. The company's quarterly losses were $(0.46) per share, a 99.13% decrease YoY, while sales increased by 74.26% YoY.

Portfolio Pulse from Happy Mohamed

September 20, 2023 | 8:24 pm