Streetbeat News

Earnings

DLO

DLocal (NASDAQ:DLO) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.13 by 15.38%. This is a 50% increase from the same period last year. The company also reported quarterly sales of $161.10 million, beating the analyst consensus estimate of $151.18 million by 6.56%, a 59.22% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 7:59 pm

DLO

DLocal (NASDAQ:DLO) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.13 by 15.38%. This is a 50% increase from the same period last year. The company also reported quarterly sales of $161.00 million, beating the analyst consensus estimate of $151.18 million by 6.50%. This is a 59.12% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 7:58 pm

ROIV

Roivant Sciences reported worse-than-expected Q2 results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 7:47 pm

TGT

Target Corporation's shares are trading lower due to overall market weakness, influenced by concerning Chinese economic data and a warning from Fitch about potential bank downgrades. The company is set to report Q2 earnings on Aug. 16, with expected earnings of $1.41 per share and revenue of $25.23 billion.

Portfolio Pulse from Ryan Gustafson

August 15, 2023 | 7:33 pm

DKS

Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating on Dick's Sporting Goods Inc (NYSE:DKS) with a price target of $160. The company is expected to report 2Q23 earnings on Aug 22, 2023, with an EPS estimate of $3.69. Despite challenges from a worsened macroeconomic environment, the analyst expects Dick's to outperform the industry. The company is gaining share due to its unique assortment of brands, improved product allocation, private brands, and e-commerce.

Portfolio Pulse from Shivani Kumaresan

August 15, 2023 | 7:31 pm

MARA

Marathon Digital Holdings, Inc. (NASDAQ:MARA) shares are trading lower due to a disappointing Q2 earnings report. The company reported losses of 13 cents per share and quarterly sales of $81.80 million, both missing analyst consensus estimates. Despite this, the stock is up 316.52% year-to-date.

Portfolio Pulse from Ryan Gustafson

August 15, 2023 | 7:17 pm

QDEL

Raymond James analyst Andrew Cooper has reiterated a Strong Buy on QuidelOrtho Corporation (NASDAQ:QDEL), but lowered the price target to $110 from $130. This comes after QuidelOrtho's Q2 results, which showed mixed performance and a reduction in guidance. The analyst also lowered the FY23, FY24, and FY25 revenue estimates. Despite this, the core business performed well on the top line, with signs of durable positioning in Labs. QDEL shares are currently trading lower by 1.96%.

Portfolio Pulse from Nabaparna Bhattacharya

August 15, 2023 | 7:08 pm

DCTH

DSGN

FXLV

GLTO

HD

NVOS

SYTA

US stocks traded lower with the Nasdaq Composite falling over 100 points. The Home Depot reported better-than-expected Q2 results and authorized a new $15 billion share repurchase program. Delcath Systems, Novo Integrated Sciences, and Siyata Mobile saw their shares rise after positive news. F45 Training Holdings, Design Therapeutics, and Galecto saw their shares drop after negative news.

Portfolio Pulse from Lisa Levin

August 15, 2023 | 7:04 pm

BFI

BurgerFi International (NASDAQ:BFI) is set to release its latest quarterly earnings report on August 16, 2023. Analysts estimate an earnings per share (EPS) of $-0.21. The company's past performance shows a pattern of missing EPS estimates, but this has sometimes been followed by an increase in share price. The company's shares are currently trading at $1.79 and have fallen by 45.91% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 7:00 pm

SNPS

Synopsys (NASDAQ:SNPS) is set to release its latest quarterly earnings report on August 16, 2023. Analysts estimate an EPS of $2.74. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. Shares of Synopsys were trading at $434.85 as of August 14, with a 14.99% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 7:00 pm