Streetbeat News

Earnings

FL

Foot Locker shares are experiencing a decline in trading following the release of their Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:48 am

FL

Foot Locker has reaffirmed its adjusted EPS guidance for 2024, maintaining a range of $1.50 to $1.70. This indicates the company's confidence in its financial performance for the upcoming year.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:47 am

FL

Foot Locker reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.05) beating the $(0.07) estimate and sales of $1.896 billion surpassing the $1.888 billion estimate. Sales increased by 1.72% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:46 am

AMBA

BOX

JWN

NCNO

NVDA

PVH

QQQ

S

SMTC

SPY

Nasdaq and S&P 500 futures are flat as traders await Nvidia's earnings, which are seen as a key indicator for the AI sector and broader market. Nordstrom's positive earnings may boost retail stocks, while other tech earnings could improve sentiment. Several companies, including Nordstrom, Ambarella, and Box, showed significant premarket movements based on earnings reports.

Portfolio Pulse from Shanthi Rexaline

August 28, 2024 | 10:43 am

JWN

Nordstrom shares are experiencing an increase in trading activity following the release of their Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:41 am

NVDA

SPY

USO

U.S. stocks rose with the S&P 500 and Dow Jones hitting record highs, driven by anticipation of Nvidia's earnings. Asian markets were mixed, while European markets gained. Crude oil prices fell due to concerns over Chinese demand. The U.S. dollar index rose as markets awaited potential interest rate cuts.

Portfolio Pulse from Akanksha Bakshi

August 28, 2024 | 10:38 am

NVDA

Nvidia's upcoming earnings report is expected to cause a significant market cap shift, with options pricing predicting a 9.8% move, potentially impacting $305 billion. This would be the largest anticipated earnings move in history, driven by FOMO among traders.

Portfolio Pulse from Benzinga Neuro

August 28, 2024 | 10:32 am

BZUN

Baozun reported a Q2 adjusted EPADS of $(0.01), missing the estimate of $0.06. However, sales were $329.01M, beating the estimate of $325.04M.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:31 am

GB

Global Blue Gr Holding reported Q1 2025 earnings per share of $0.02, missing the $0.07 estimate, but sales of $126.774M exceeded the $113M estimate, marking a 23.10% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:23 am

LI

Li Auto Inc reported a mixed fiscal Q2 2024 with a slight revenue miss but an EPS beat. Vehicle deliveries grew by 25.5% year-over-year, but margins declined. The company expects strong Q3 revenue and delivery growth. Despite positive developments, Li Auto's stock has faced challenges, dropping 47% over the past year.

Portfolio Pulse from Anusuya Lahiri

August 28, 2024 | 10:18 am