Streetbeat News

Earnings

EZFL

EzFill Holdings (NASDAQ:EZFL) reported Q2 losses of $(0.71) per share, a 40.83% improvement from $(1.20) per share YoY. Sales for the quarter were $6.13 million, a 63.32% increase from $3.75 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 1:48 pm

AVGO

FANG

MSFT

XOM

On CNBC's 'Halftime Report Final Trades', Bryn Talkington of Requisite Capital Management named Diamondback Energy as her final trade after it reported quarterly sales of $1.92 billion, beating the analyst consensus estimate of $1.91 billion. Stephen Weiss of Short Hills Capital Partners said Microsoft will be the 'number 1 beneficiary of AI' and mentioned its new deal submitted to U.K. regulators for the takeover of Activision Blizzard. Joseph Terranova of Virtus Investment Partners picked Broadcom, which expects its VMware acquisition to close at the end of October. Jim Lebenthal of Cerity Partners chose Exxon Mobil, which reported weaker-than-expected second-quarter earnings.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 1:42 pm

BIDU

LOW

NVDA

TSLA

The article covers a range of topics including US markets, crypto, US politics, world politics, US economy, world economy, tech, electric vehicle, communication, industrials, and consumer. Key highlights include muted energy stocks as oil prices edge down, SEC's action against Titan for misleading crypto claims, and Lowe's mixed Q2 performance with a reaffirmed annual outlook. In tech, Baidu's Q2 earnings beat expectations and Nvidia's stock surge is discussed. In the electric vehicle sector, Tesla is reportedly preparing for Cybertruck mass production and a potential India debut.

Portfolio Pulse from Akanksha Bakshi

August 22, 2023 | 1:41 pm

NKE

Nike Inc's shares are trading lower after Dick's Sporting Goods, a major customer of Nike, lowered its guidance. This could potentially lead to lower orders from Nike, affecting its revenue and earnings. Dick's Q2 sales grew 3.6% Y/Y to $3.22 billion, missing the analyst consensus of $3.23 billion. Nike has a 52-week high of $131.31 and a 52-week low of $82.22.

Portfolio Pulse from Henry Khederian

August 22, 2023 | 1:37 pm

BSFC

Blue Star Foods (NASDAQ:BSFC) reported a 68.07% decrease in sales this quarter, with sales of $1.70 million compared to $5.32 million in the same period last year.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 1:34 pm

PPBT

Purple Biotech (NASDAQ:PPBT) reported Q2 losses of $(0.25) per share, beating the analyst consensus estimate of $(0.26) by 3.85 percent. This represents a 225 percent decrease over earnings of $0.20 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 1:33 pm

GDS

GDS Holdings Ltd reported a Q2 FY23 net revenue growth of 7.0% Y/Y to $340.91 million, beating the consensus of $337.64 million. The total area committed and pre-committed by customers rose 8.4% Y/Y to 637,661 square meters. Adjusted EBITDA rose 16.3% Y/Y to $170.3 million. The company reaffirmed its FY23 outlook. GDS shares are trading higher by 6.30% at $10.80 premarket.

Portfolio Pulse from Lekha Gupta

August 22, 2023 | 1:29 pm

TOL

Toll Brothers, Inc. (NYSE:TOL) is expected to report higher Q3 earnings at $2.81 per share, up from $2.35 per share a year ago. The company's revenue is projected to be $2.41 billion, compared to $2.26 billion in the year-ago period. Several analysts have recently adjusted their price targets for TOL, with the most bullish outlook coming from Raymond James, which upgraded the stock to a Strong Buy and set a price target of $100.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 1:26 pm

M

Macy's shares are trading lower following the release of the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 1:24 pm

MNSO

MINISO reported better-than-expected Q4 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 1:24 pm