Streetbeat News

Earnings

NVDA

Carter Braxton Worth, a technical analyst, is bullish on NVIDIA (NASDAQ:NVDA) ahead of its earnings, suggesting a long-term strategy. Analysts expect earnings of $0.64 per share and $28.68 billion in revenue. Despite potential setbacks, NVIDIA's stock has risen 160% YTD, with experts like Jim Cramer optimistic about its future.

Portfolio Pulse from Benzinga Neuro

August 27, 2024 | 10:15 am

BNS

Bank of Nova Scotia reported its Q3 2024 financial results, with an adjusted EPS of C$1.72, beating the estimate of C$1.62. However, its sales of C$8.364 billion missed the expected C$8.543 billion.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:05 am

JFIN

Jiayin Group (NASDAQ:JFIN) reported a decrease in Q2 EPS to $0.60 from $0.84 YoY, despite a 15.28% increase in sales to $203.15M from $176.22M YoY.

Portfolio Pulse from totan@benzinga.com

August 27, 2024 | 10:03 am

NXU

QTI

SMFL

TCOM

TRIB

Trip.com Group Limited (NASDAQ:TCOM) shares rose nearly 10% in pre-market trading after reporting better-than-expected second-quarter earnings. Several other stocks, including Trinity Biotech and Smart for Life, also saw significant pre-market gains, while others like Nxu, Inc. and QT Imaging Holdings experienced declines.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 9:48 am

NVDA

Morgan Stanley analyst Joseph Moore maintains an Overweight rating on Nvidia (NVDA) with a $144 price target, ahead of its earnings report. Moore is not concerned about potential delays in Blackwell shipments, as demand has shifted to H200. He highlights the H20 ramp-up as a significant revenue contributor, despite concerns about margin compression. Moore warns that Nvidia must guide in the $33-34 billion range for Q3 to meet investor expectations.

Portfolio Pulse from Shanthi Rexaline

August 27, 2024 | 9:33 am

BMO

Bank of Montreal (NYSE:BMO) reported Q3 2024 earnings and sales that missed analyst estimates. The adjusted EPS was $1.93, below the $2.04 estimate, and sales were $5.98 billion, missing the $6.05 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 9:33 am

OCS

Oculis Holding reported a Q2 2024 adjusted EPS of CHF(0.51), missing the estimate of CHF(0.40).

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:03 am

WDS

Woodside Energy Group reported a decrease in H1 sales to $5.99 billion from $7.40 billion year-over-year, and a decline in underlying net profit after tax to $1.632 billion from $1.896 billion.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:34 am

AVGO

DQ

JWN

MU

NVDA

PDD

PVH

SCSC

The Dow Jones closed at a record high, while the Nasdaq fell due to a decline in Nvidia's stock ahead of its earnings report. The CNN Money Fear and Greed index remained neutral. Daqo New Energy reported poor results, and PDD Holdings saw a significant drop in stock price. Investors are awaiting earnings from ScanSource, PVH Corp, and Nordstrom.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 6:25 am

AAPL

JWN

PVH

SCSC

XWEL

Investors are focusing on several stocks today, including ScanSource, XWELL, PVH Corp., Apple, and Nordstrom. ScanSource is expected to report earnings, XWELL announced a partnership, PVH Corp. and Nordstrom are set to release earnings, and Apple announced a CFO transition.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 6:19 am