Streetbeat News

Earnings

PD

PagerDuty (NYSE:PD) is set to release its quarterly earnings report on August 31, 2023. Analysts estimate an EPS of $0.10. The company's previous quarter saw an EPS beat by $0.11, followed by a 17.12% drop in share price. Shares are currently trading at $25.13, up 3.65% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:01 pm

VMW

VMware (NYSE:VMW) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $1.72. Last quarter, the company missed EPS by $0.09, which was followed by a 2.96% increase in the share price. Shares of VMware were trading at $167.49 as of August 29, with a 52-week increase of 45.78%.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:01 pm

BEKE

KE Holdings (NYSE:BEKE) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $0.19. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $15.83, down 9.31% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:01 pm

CM

Canadian Imperial Bank (NYSE:CM) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $1.24. The bank's past performance shows a pattern of beating EPS estimates, which has generally led to an increase in share price. However, the bank's shares have seen a 12.08% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:01 pm

IOT

Samsara (NYSE:IOT) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $-0.02. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a significant increase in share price. Samsara's shares were trading at $25.92 as of August 29, with a 100.46% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:01 pm

UBS

UBS Gr (NYSE:UBS) is set to release its quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $0.49. The company's past performance shows a mixed trend of beating and missing EPS estimates. The stock price has increased by 64.37% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:00 pm

AVGO

Broadcom (NASDAQ:AVGO) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $10.42. The company's past performance shows a trend of beating EPS estimates, which has typically resulted in a share price increase. Broadcom's shares are currently trading at $889.93, up 79.84% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:00 pm

GLW

JNPR

STX

The most accurate Wall Street analysts recommend buying three tech stocks with over 3% dividend yields: Juniper Networks, Inc. (JNPR), Corning Incorporated (GLW), and Seagate Technology Holdings plc (STX). JNPR and STX recently posted better-than-expected earnings, while GLW reported a slight decline in Q2 FY23 core sales but still beat consensus estimates.

Portfolio Pulse from Lisa Levin

August 30, 2023 | 1:37 pm

GOOG

GOOGL

MSFT

NVDA

Microsoft-backed OpenAI aims to generate over $1 billion in revenue over the next 12 months from selling AI software and computing capacity. This comes after Nvidia's successful Q2 results and Google Cloud's plans to expand its AI technology enterprise offering in collaboration with Nvidia. OpenAI's revenue is currently over $80 million monthly, a significant increase from $28 million in 2022.

Portfolio Pulse from Anusuya Lahiri

August 30, 2023 | 1:35 pm

NIO

NIO Inc's shares are trading lower due to continued selling pressure following weak Q2 earnings. The company reported a revenue of $1.21 billion, missing the consensus estimate of $1.35 billion, and a quarterly loss of 45 cents per ADS, which also missed estimates. Nio's vehicle deliveries in Q2 totaled 23,520, down 24% sequentially and 6% YoY. The company guided for Q3 revenue of $2.61 billion to $2.69 billion, higher than estimates of $2.44 billion, and expects Q3 deliveries to be between 55,000 and 57,000.

Portfolio Pulse from Adam Eckert

August 30, 2023 | 1:30 pm