Streetbeat News

Earnings

WB

Weibo (NASDAQ:WB) is set to release its quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $0.51. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $13.16, down 34.55% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 2:01 pm

FUTU

Futu Holdings (NASDAQ:FUTU) is set to release its latest quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $0.99. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. The stock is currently trading at $48.37 and has seen a 5.16% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 2:01 pm

AFRM

Affirm Holdings (NASDAQ:AFRM) is set to release its latest quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $-0.85. The company's past performance shows a trend of negative price changes post-earnings release, with shares currently trading at $14.22 and down 55.2% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 2:01 pm

MRVL

Marvell Tech (NASDAQ:MRVL) is set to release its quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $0.32. 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 $59.59 and has seen a 9.41% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 2:00 pm

RY

Royal Bank of Canada (NYSE:RY) is set to release its latest quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $2.00. The company's past performance shows a pattern of share price increase following the earnings release, even when the EPS missed the estimate. The stock is currently trading at $88.28, down 8.85% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 2:00 pm

TD

Toronto-Dominion Bank (NYSE:TD) is set to release its latest quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $1.50. The bank's past performance shows a trend of EPS misses followed by slight increases in share price. The bank's shares were trading at $60.86 as of August 22, with a 52-week decrease of 8.05%.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 2:00 pm

WDAY

Workday (NASDAQ:WDAY) is set to release its latest quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $1.26. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. Shares of Workday were trading at $226.26 as of August 22, with a 52-week increase of 39.79%.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 2:00 pm

TOL

Toll Brothers Inc (TOL) shares are trading higher after the company reported better-than-expected Q3 results. The company reported revenue of $2.69 billion, beating the consensus estimate of $2.41 billion, and earnings of $3.73 per share, beating estimates of $2.81 per share. Home sales revenues were up 19% YoY, and the company ended the quarter with a backlog of $7.9 billion, up 30% YoY. The company expects to deliver between 2,650 and 2,750 units in Q4, up from 2,524 in Q3. Credit Suisse and Wedbush maintained their ratings and raised their price targets.

Portfolio Pulse from Adam Eckert

August 23, 2023 | 1:59 pm

KSS

Kohl's Corp reported a Q2 FY23 revenue decline of 4.8% YoY to $3.90 billion, beating the analyst consensus of $3.69 billion. Comparable sales decreased 5%. Gross margin contracted by 61 basis points to 39%. Operating income was $163 million, down from $266 million last year. EPS of $0.52 beat the consensus estimate of $0.22. Inventory decreased 14% YoY to $3.5 billion. Kohl's reaffirmed FY23 sales decline of 2% - 4% and expects FY23 EPS of $2.10 - $2.70.

Portfolio Pulse from Shivani Kumaresan

August 23, 2023 | 1:55 pm

AAPL

META

MSFT

NVDA

QQQ

SPY

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, META, and NVDA. The analysis is based on a proprietary formula that considers price, volume, and options flow. The memo suggests potential price levels for each asset and recommends traders to monitor these stocks closely and adjust their tactics based on market conditions. The focus of the day is the PMI data release and NVIDIA's post-market earnings announcement.

Portfolio Pulse from RIPS

August 23, 2023 | 1:54 pm