Streetbeat News

Earnings

BCEL

Atreca reported Q2 financial results, leading to a drop in its share price. The stock was downgraded by HC Wainwright from Buy to Neutral and by Stifel from Buy to Hold. Stifel also lowered its price target from $4 to $1.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 2:19 pm

AVGO

A whale investor has taken a bearish stance on Broadcom (NASDAQ:AVGO), with 100% of the detected 13 strange trades being bearish. The trades include 7 puts amounting to $492,244 and 6 calls amounting to $247,119. The whales have been targeting a price range from $765.0 to $860.0 for Broadcom over the last 3 months. The price of AVGO is currently down -1.09% at $833.71, and RSI indicators suggest the stock may be approaching oversold. The next earnings are expected in 20 days.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:16 pm

SHCO

Soho House & Co Inc (NYSE:SHCO) reported Q2 FY23 sales growth of 18.5% YoY to $288.92 million, beating the analyst consensus. Membership revenues increased 35.4% to $89.2 million. Total members climbed 28.3% YoY to 248,071. Adjusted EBITDA increased 106.4% to $31.7 million. The company plans to open new Soho Houses in Mexico City, Portland, and Sao Paulo by the end of the year. SHCO shares are trading higher by 15.4% at $7.07.

Portfolio Pulse from Shivani Kumaresan

August 11, 2023 | 2:13 pm

EVLV

Evolv Technologies reported better-than-expected Q2 financial results and raised its FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 2:05 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) reported mixed Q2 financial results, with a larger than expected loss of 40 cents per share but sales surpassing estimates at $260.18 million, a 72% increase YoY. The company's shares fell by 2.1% following the announcement.

Portfolio Pulse from Henry Khederian

August 11, 2023 | 2:04 pm

KSCP

Knightscope (NASDAQ:KSCP) is set to release its latest quarterly earnings report on August 14, 2023. Analysts estimate an earnings per share (EPS) of $-0.11. The company's past performance shows a mix of EPS estimates and actuals, with the stock price fluctuating accordingly. Shares of Knightscope were trading at $1.42 as of August 10, and over the last 52-week period, shares are down 58.31%.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:02 pm

BKYI

BIO-key Intl (NASDAQ:BKYI) is set to release its latest quarterly earnings report on August 14, 2023. Analysts estimate an earnings per share (EPS) of $-0.23. The company's past performance shows a pattern of share price changes following earnings reports. The company's shares were trading at $0.68 as of August 10, with a 60.45% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:02 pm

XXII

22nd Century Group (AMEX:XXII) is set to release its latest quarterly earnings report on August 14, 2023. Analysts estimate an earnings per share (EPS) of $-1.06. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $2.665, down 90.0% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:01 pm

NRXP

NRX Pharmaceuticals (NASDAQ:NRXP) is set to release its latest quarterly earnings report on Monday, 2023-08-14. Analysts estimate an earnings per share (EPS) of $-0.14. The company's past performance shows a pattern of EPS misses followed by share price increases. The stock is currently trading at $0.31, down 58.05% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:01 pm

AMPS

Altus Power (NYSE:AMPS) is set to release its quarterly earnings report on August 14, 2023. Analysts estimate an EPS of $0.04. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $6.1, down 40.7% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 2:01 pm