Streetbeat News

Earnings

UPS

United Parcel Service (UPS) has an option alert for Friday $165 calls sweep near the ask with 1209 at $0.35 versus 1210 open interest. The company's earnings report is due on 10/26 before the market opens.

Portfolio Pulse from Charles Gross

September 11, 2023 | 2:28 pm

ORCL

Oracle Corporation (NYSE:ORCL) is expected to report higher Q1 earnings for fiscal year 2024, with analysts predicting a rise from $1.03 to $1.14 per share. The company's revenue is also expected to increase from $11.45 billion to $12.46 billion. Oracle's stock price closed at $126.32 on Friday, up 1%. Several analysts have recently updated their price targets for Oracle, with the highest being $145.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 2:09 pm

CGNT

Cognyte Software (NASDAQ:CGNT) is set to release its latest quarterly earnings report on Tuesday, 2023-09-12. Analysts estimate an EPS of $-0.22. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $4.7, down 8.56% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:01 pm

LSAK

Lesaka Technologies (NASDAQ:LSAK) is set to release its latest quarterly earnings report on Tuesday, 2023-09-12. Analysts estimate an earnings per share (EPS) of $-0.07. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $3.8 and has seen a 10.55% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:01 pm

MAMA

Mama's Creations (NASDAQ:MAMA) is set to release its latest quarterly earnings report on September 12, 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 $4.08 and has seen a 213.82% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:01 pm

EPM

Evolution Petroleum (AMEX:EPM) is set to release its latest quarterly earnings report on Tuesday, 2023-09-12. Analysts estimate an earnings per share (EPS) of $0.06. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $8.87, up 35.94% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:01 pm

FARM

Farmer Bros (NASDAQ:FARM) is set to release its latest quarterly earnings report on Tuesday, 2023-09-12. Analysts estimate an earnings per share (EPS) of $-0.61. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $2.02 and have seen a 62.66% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:00 pm

EGIO

Edgio (NASDAQ:EGIO) is set to release its latest quarterly earnings report on Tuesday, 2023-09-12. Analysts estimate an EPS of $-0.11. The company's past performance shows a pattern of price changes following earnings reports. Shares of Edgio were trading at $0.831 as of September 08, and over the last 52-week period, shares are down 75.49%.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:00 pm

INNV

InnovAge Holding (NASDAQ:INNV) is set to release its latest quarterly earnings report on Tuesday, 2023-09-12. Analysts estimate an earnings per share (EPS) of $-0.03. The company's past performance shows a mixed trend of meeting, exceeding, or missing EPS estimates, with corresponding changes in share price. The stock is currently trading at $6.43 and has seen a 64.44% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:00 pm

UBS

UBS Group AG is planning to cut at least 100 wealth-management jobs in Asia due to muted client activity and a slowing economy in China. The roles to be cut include relationship managers in Hong Kong and Singapore that were integrated from Credit Suisse. UBS plans to retain most private bankers in Australia and India. This follows UBS's Q2 EPS of $8.99 and its announcement of targeting gross cost savings of $10 billion by 2026, which would result in 3,000 job cuts due to its merger with Credit Suisse.

Portfolio Pulse from Lekha Gupta

September 11, 2023 | 1:44 pm