Streetbeat News

Earnings

CAVA

NVDA

PARA

U.S. stocks are experiencing a mixed start as traders await Nvidia's earnings and inflation data. Analysts suggest a shift from volatile tech stocks to dividend-paying stocks. Paramount Global and CAVA Group saw significant premarket declines due to strategic changes and insider sales, respectively.

Portfolio Pulse from Shanthi Rexaline

August 27, 2024 | 10:59 am

CNF

CNFinance Holdings (NYSE:CNF) reported its half-year earnings with an EPS of $0.10 and sales amounting to $127.49 million.

Portfolio Pulse from totan@benzinga.com

August 27, 2024 | 10:55 am

CTRN

Citi Trends reported a Q2 2024 GAAP EPS of $(2.21), which may not be comparable to the estimated $(0.60). The company's sales were $176.552 million, missing the $179.125 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:47 am

AXP

CAT

NVDA

U.S. markets closed mixed with the S&P 500 and Nasdaq declining, while the Dow rose. Nvidia's stock fell ahead of its earnings report. Durable goods orders in the U.S. increased by 9.9% in July. Asian markets showed mixed results, and European markets edged up. Commodities like crude oil and gold retreated.

Portfolio Pulse from Akanksha Bakshi

August 27, 2024 | 10:46 am

GOTU

Gaotu Techedu's shares are declining after the company reported a Q2 earnings miss.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:46 am

AMWD

American Woodmark forecasts a decline in net sales for FY25 in the low single digits, with an adjusted EBITDA expected to be between $225 million and $245 million.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:33 am

AMWD

American Woodmark reported Q1 2025 earnings and sales that missed analyst estimates. The company's EPS was $1.89, below the expected $2.40, and sales were $459.128 million, missing the $476.596 million estimate. Sales also decreased by 7.85% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:31 am

TCOM

Trip.com Group shares are experiencing an increase in trading value following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:28 am

ALLT

Allot Ltd anticipates reaching a breakeven point in non-GAAP operating profit in the second half of 2024. The company expects its SECaaS revenue and ARR to grow by approximately 50% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:17 am

ALLT

Allot reported a Q2 2024 adjusted EPS of $(0.02), beating the estimate of $(0.04). However, its sales of $22.164 million missed the expected $22.300 million.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:15 am