Streetbeat News

Earnings

BBY

HEI

HPQ

NIO

SJM

Wall Street expects Best Buy, HP, NIO, and The J. M. Smucker Company to post their quarterly earnings today. Best Buy and HP shares gained in after-hours trading, while HEICO shares fell despite better-than-expected earnings and sales results for Q3.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 8:13 am

TIGR

UP Fintech Holding reported an addition of 29,077 funded accounts in Q2, bringing the total to 840,900. The total account balance increased by 16.2% YoY to $17.3B.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:05 am

TIGR

UP Fintech Holding (NASDAQ:TIGR) reported Q2 earnings of $0.10 per share, beating the analyst consensus estimate of $0.04 by 142.5%. This is a 340.91% increase from the same period last year. The company also reported quarterly sales of $66.05 million, beating the analyst consensus estimate of $44.65 million by 47.94%. This is a 23.52% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:02 am

VEON

VEON reported Q2 earnings of $0.14 per share, a 90.67% decrease YoY. Sales also decreased by 54.38% to $916.00M compared to $2.01B in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 7:49 am

TEDU

Tarena International (NASDAQ:TEDU) reported Q2 earnings of $0.10 per share, beating the analyst consensus estimate of $(0.02) by 600%. The company also reported quarterly sales of $75.16 million, beating the analyst consensus estimate of $71.96 million by 4.45%. However, this represents a decrease from the same period last year in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 7:37 am

BIG

Big Lots, Inc. (NYSE:BIG) is expected to report a wider loss for Q2 2023, with analysts predicting a loss of $4.12 per share compared to a loss of $2.28 per share in the same period last year. Revenue is expected to be $1.1 billion, down from $1.35 billion. The company's shares gained 2.5% to close at $6.28 on Monday. Several analysts have recently adjusted their price targets for the company, with Goldman Sachs, Deutsche Bank, Loop Capital, and Piper Sandler all lowering their targets.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 7:29 am

ARBK

Argo Blockchain reported H1 2023 revenue of $24.0M, a decrease of 31% YoY. The company also reported an EPS loss of $(0.03). The number of Bitcoin and Bitcoin Equivalent ('BTC') mined was 947, an increase of 1% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 7:26 am

GOGL

Golden Ocean Group (NASDAQ:GOGL) reported Q2 earnings of $0.17 per share, beating the analyst consensus estimate of $0.12 by 41.67%. However, this is a 79.01% decrease from the same period last year. The company also reported quarterly sales of $213.38 million, beating the analyst consensus estimate of $148.97 million by 43.24%, but this is a 32.62% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 6:53 am

PRTC

PureTech Health (NASDAQ:PRTC) reported a 10% decrease in losses per share YoY, from $(0.10) to $(0.09). However, the company's sales decreased by 55.19% YoY, from $7.03M to $3.15M.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 6:51 am

EVO

Evotec (NASDAQ:EVO) reported Q2 losses of $(0.04) per share, missing the analyst consensus estimate by 7.5%. The company also reported quarterly sales of $185.59 million, missing the analyst consensus estimate of $194.36 million by 4.51%. Despite the misses, these figures represent an increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 6:42 am