Streetbeat News

Earnings

GRWG

GrowGeneration shares fell after the company reported disappointing Q2 financial results and issued FY23 revenue guidance below estimates. Lake Street also reduced its price target from $6 to $5 on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:11 pm

ISPO

Inspirato Incorporated reported worse-than-expected Q2 financial results and issued FY23 total revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:10 pm

SSTI

SoundThinking's shares are trading lower following the company's Q2 earnings report, which revealed worse-than-expected adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:08 pm

CELH

LCID

PLUG

Goldman Sachs has highlighted several stocks as potential 'earnings-day short squeezes', including Lucid Group (LCID), Celsius Holdings (CELH), and Plug Power (PLUG). Lucid and Celsius have already reported, with Lucid's stock jumping 12.16% despite missing estimates, and Celsius' stock rising approximately 20% after strong quarterly results. Plug Power, which has missed bottom-line estimates for nine straight quarters, is set to report its Q2 results and could potentially experience a short squeeze due to its high short interest of 21.34%.

Portfolio Pulse from Adam Eckert

August 09, 2023 | 6:05 pm

SEER

Seer's shares are trading lower following the company's Q2 revenue results, which were worse than expected.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:04 pm

OPRT

Oportun Financial Corporation reported better-than-expected Q2 financial results and issued FY23 and Q3 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:03 pm

MOGO

Mogo (NASDAQ:MOGO) is set to release its latest quarterly earnings report on August 10, 2023. Analysts estimate an earnings per share (EPS) of $-0.18. The company's past performance shows a pattern of share price changes following earnings reports. Shares of Mogo were trading at $0.7 as of August 08, with a 52-week decrease of 44.79%.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 6:02 pm

MNK

Mallinckrodt has projected its total net sales for FY23 to be between $1.7 billion and $1.82 billion. The company also expects its adjusted EBITDA to be in the range of $510 million to $560 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:02 pm

CWBHF

Charlottes Web Holdings (OTC:CWBHF) is set to release its latest quarterly earnings report on August 10, 2023. Analysts estimate an earnings per share (EPS) of $-0.05. The company's past performance shows a trend of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $0.2735 and has seen a 55.99% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 6:02 pm

ALIM

Alimera Sciences (NASDAQ:ALIM) is set to release its quarterly earnings report on August 10, 2023. Analysts estimate an earnings per share (EPS) of $0.06. The company's past performance shows a pattern of share price increases following earnings reports, despite missing EPS estimates. However, the stock has been on a downward trend, with shares down 53.77% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 6:02 pm