Streetbeat News

Earnings

NVDA

NVIDIA shares are experiencing volatility ahead of the company's upcoming earnings report. The stock has been in focus this year due to increased interest in AI.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 4:02 pm

PANW

Palo Alto Networks shares are trading lower, possibly due to a pullback after recent gains on strong earnings and guidance.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 4:01 pm

UFI

Unifi (NYSE:UFI) is set to release its quarterly earnings report on Wednesday, 2023-08-23. Analysts estimate an earnings per share (EPS) of $-0.29. The company's past performance shows a pattern of share price drops following earnings reports. Shares of Unifi were trading at $7.31 as of August 21, with a 52-week drop of 42.76%.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 4:00 pm

AVNW

Aviat Networks (NASDAQ:AVNW) is set to release its latest quarterly earnings report on Wednesday, 2023-08-23. Analysts estimate an earnings per share (EPS) of $0.85. The company's past performance shows a mixed trend of meeting or beating EPS estimates and varied price changes. The stock is currently trading at $27.93, down 14.79% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 4:00 pm

TDCX

TDCX is set to release its latest quarterly earnings report on August 23, 2023. Analysts estimate an EPS of $0.16. The company's past performance shows a mixed trend of beating and missing EPS estimates, with corresponding changes in share price. TDCX shares were trading at $5.93 as of August 21, with a 52-week return of -28.12%.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 4:00 pm

TUYA

Tuya (NYSE:TUYA) is set to release its latest quarterly earnings report on August 23, 2023. Analysts estimate an earnings per share (EPS) of $-0.01. Last quarter, Tuya beat EPS by $0.01, which was followed by a 9.62% drop in the share price. Over the last 52-week period, Tuya's shares are up 16.37%.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 4:00 pm

ZM

Zoom Video Communications Inc (NASDAQ:ZM) reported strong Q2 results and raised its guidance, leading to mixed reactions from analysts. The company's revenue and operating profit beat consensus, driven by better-than-expected Enterprise revenues. However, analysts noted ongoing pressure on core seats and international, and tempered expectations for the Online segment. The company's shares initially dropped but bounced back in early trading.

Portfolio Pulse from Priya Nigam

August 22, 2023 | 3:58 pm

LU

Lufax Holding Ltd (LU) reported mixed Q2 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 3:57 pm

FN

Fabrinet's (NYSE:FN) stock price surged over 28% after the company reported strong Q4 results, driven by significant growth in its AI sector. Analyst Alex Henderson from Needham maintained a Buy rating on Fabrinet and raised the price target from $150 to $165. Despite a decline in Telecom and traditional Data Comm, the company's AI-related products have grown from near-zero to $100-$140 million in just 15 months.

Portfolio Pulse from Priya Nigam

August 22, 2023 | 3:48 pm

CSIQ

Canadian Solar has reduced its FY23 revenue guidance, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 3:46 pm