Streetbeat News

Earnings

BRC

Brady (NYSE:BRC) is set to release its latest quarterly earnings report on September 5, 2023. Analysts estimate an earnings per share (EPS) of $0.93. The company's past performance shows a pattern of share price drops following earnings beats. Brady's shares were trading at $50.44 as of August 31, with a 52-week increase of 18.19%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:00 pm

ASND

Ascendis Pharma (NASDAQ:ASND) is set to release its latest quarterly earnings report on Tuesday, 2023-09-05. Analysts estimate an earnings per share (EPS) of $-2.77. Investors will be looking for an earnings beat and positive guidance for the next quarter. The company's shares were trading at $98.02 as of August 31, with a 52-week increase of 11.53%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:00 pm

ASAN

Asana (NYSE:ASAN) is set to release its latest quarterly earnings report on Tuesday, 2023-09-05. Analysts estimate an earnings per share (EPS) of $-0.11. Last quarter, the company beat EPS by $0.09, which was followed by a 2.84% drop in the share price. Asana's shares were trading at $21.49 as of August 31, with a 14.51% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:00 pm

TSEM

Tower Semiconductor (NASDAQ:TSEM) is set to release its latest quarterly earnings report on September 5, 2023. Analysts estimate an earnings per share (EPS) of $0.51. The company's past performance shows a pattern of share price changes following earnings reports. The company's shares were trading at $29.7 as of August 31, with a 33.7% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:00 pm

ZS

Zscaler (NASDAQ:ZS) is set to release its latest quarterly earnings report on September 5, 2023. Analysts estimate an earnings per share (EPS) of $0.49. The company's past performance shows a pattern of beating EPS estimates, which has often resulted in share price increases. Zscaler's shares were trading at $156.05 as of August 31, with a 52-week increase of 9.2%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:00 pm

DELL

NTNX

PD

TAOP

TIO

Several IT stocks showed significant movement in Monday's pre-market session. Notable gainers included Taoping (NASDAQ:TAOP), Dell Technologies (NYSE:DELL), Nutanix (NASDAQ:NTNX), ZeroFox Holdings (NASDAQ:ZFOX), Auddia (NASDAQ:AUUD), and Remark Hldgs (NASDAQ:MARK). On the other hand, Tingo Group (NASDAQ:TIO), PagerDuty (NYSE:PD), SatixFy Communications (AMEX:SATX), DatChat (NASDAQ:DATS), SMX (Security Matters) (NASDAQ:SMX), and Sigma Additive Solutions (NASDAQ:SASI) experienced declines.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 1:05 pm

CCJ

Cameco has revised its 2023 production forecast due to challenges at the Cigar Lake mine and Key Lake mill. The company now expects to produce up to 16.3 million pounds of uranium concentrate at Cigar Lake, down from the previous forecast of 18 million pounds. Production at Key Lake is anticipated to be 14 million pounds, down from the previous forecast of 15 million pounds. Factors impacting production include equipment reliability issues, operational changes, personnel availability, and supply chain challenges.

Portfolio Pulse from Charles Gross

September 03, 2023 | 9:48 pm

BYDDF

TSLA

Chinese EV manufacturer BYD Co Ltd., backed by Warren Buffett, reported an 86% increase in new energy vehicle deliveries for August, including plug-in hybrid and battery-electric vehicles. Battery-electric vehicle (BEV) sales reached 155,967 units in August, up 88% YoY and 11% MoM. Despite BYD's growth, Tesla Inc. continues to lead the Chinese market with a 60% YoY increase in sales, selling about 325,000 units through July. BYD's shares rose 0.4% in overseas trading, and its US-listed ADRs saw a 2.5% increase, while Tesla's stock fell about 2% in early trading Friday.

Portfolio Pulse from Benzinga Neuro

September 02, 2023 | 4:04 am

CIFR

Cipher Mining Inc. (NASDAQ:CIFR) released its unaudited production and operations update for August 2023. The company produced ~357 BTC in August, a ~15% decrease MoM, and sold ~355 BTC, ending the month with a balance of ~519 BTC. Cipher continued to expand operations at its Odessa facility and expects to energize all rigs in early September, bringing the total self-mining hash rate to 7.2 EH/s. The company also added a $10mm term credit facility with Coinbase to its treasury management platform.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 8:08 pm

OLLI

KeyBanc Capital Markets analyst Bradley B. Thomas reiterated an Overweight rating on Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI), raising the price target to $93 from $79. The company reported Q2 FY23 sales growth of 13.7% Y/Y to $514.5 million, beating the consensus of $499.0 million. The analyst believes OLLI will continue to benefit from the robust closeout environment, a recovery in margins, its remodel program, and new store growth.

Portfolio Pulse from Nabaparna Bhattacharya

September 01, 2023 | 6:55 pm