Streetbeat News

Earnings

IMPP

Imperial Petroleum (NASDAQ:IMPP) reported Q2 earnings of $0.73 per share, surpassing the $0.42 estimate, despite a 50% decrease from last year. Sales were $47.04M, beating the $39.40M estimate, but down 20.33% from last year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:14 pm

NVDA

Nvidia Corp (NASDAQ:NVDA) is set to report its Q2 earnings with Wall Street expecting 64 cents EPS and $28.6 billion in revenues. The stock shows bullish momentum with its price above key moving averages, though caution is advised due to potential overbought conditions. Analysts see a 22% upside with a consensus price target of $497.42.

Portfolio Pulse from Surbhi Jain

August 27, 2024 | 1:11 pm

GRUSF

Grown Rogue International Inc. reported record Q2 2024 revenue and adjusted EBITDA, driven by growth in New Jersey and Illinois. The company saw a 23% revenue increase to $7.7 million and a 21% improvement in adjusted EBITDA to $2.5 million. Despite a net loss of $7.6 million, Grown Rogue is expanding in New Jersey and Illinois, with sales expected in New Jersey by Q4 2024 and Illinois by the second half of 2025.

Portfolio Pulse from Jelena Martinovic

August 27, 2024 | 1:09 pm

AMWD

American Woodmark's shares declined following disappointing Q1 financial results and weak FY25 sales guidance.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:05 pm

SITM

Analysts have varied opinions on SiTime (NASDAQ:SITM), with recent ratings showing a mix of bullish and bearish sentiments. The average 12-month price target is $121.25, down from $125.00. SiTime's revenue growth is strong, but profitability metrics like net margin and ROE are below industry standards.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 1:00 pm

HAIN

The Hain Celestial Group's shares rose following the announcement of better-than-expected Q4 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:57 pm

IBM

MEI

XRX

Analysts have provided ratings on three high-dividend tech stocks: Xerox, Methode Electronics, and IBM. Xerox faces a sales decline and price target cuts, Methode Electronics awaits earnings, and IBM is undergoing layoffs while receiving price target increases.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 12:54 pm

AGL

ALXO

VRCA

The article highlights three oversold health care stocks with potential for recovery: Agilon Health, Verrica Pharmaceuticals, and ALX Oncology. These stocks have experienced significant price declines and have RSI values indicating they are oversold, presenting potential buying opportunities.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 12:54 pm

SCSC

ScanSource shares declined following the release of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:52 pm

AAPL

Apple is set to launch the AI-enabled iPhone 16, marking its biggest upgrade cycle, with expectations of over 90 million initial shipments. Analyst Daniel Ives predicts this will drive Apple's market cap past $4 trillion. The transition of CFO from Luca Maestri to Kevan Parekh is expected to be smooth.

Portfolio Pulse from Shanthi Rexaline

August 27, 2024 | 12:50 pm