Streetbeat News

Earnings

FND

Telsey Advisory Group analyst Joseph Feldman has reiterated the Market Perform rating on Floor & Decor Holdings, Inc. (NYSE:FND), raising the price target to $105 from $85. Despite reporting Q2 results with net sales of $1.135 billion, a 4.2% Y/Y increase, the company lowered its 2023 guidance due to a slow start in Q3 and soft housing market trends. The company's shares are trading lower by 6.5% to $103.75.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 7:19 pm

EXPE

MA

WMT

Analysts from Credit Suisse, JMP Securities, Benchmark, Mizuho, and Susquehanna have provided their insights on Expedia Group Inc (EXPE) following its 2Q23 results. The results showed a revenue shortfall due to lower gross bookings, offset by strength in B2B. The company's adjusted EBITDA exceeded forecasts, driven by higher gross profits and lower operating expenses. The analysts highlighted the potential for faster product innovation, bookings growth, and marketing leverage. They also noted the company's ongoing tech stack/Vrbo migration and the launch of One Key. The analysts have mixed views on the company's stock, with some maintaining a Hold rating while others have an Outperform or Buy rating.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 7:18 pm

GNRC

Truist Securities analyst Jordan Levy upgraded Generac Holdings Inc (GNRC) to Buy from Hold at a $160 price target following Q2 FY23 results. Despite a 23% YoY sales decline, the company reported Q2 sales of $1.00 billion, above the consensus of $985.02 billion. The analyst revised FY23 revenues to $4.05 billion and EBITDA estimate to $643 million. For FY24, the analyst expects a gross margin expansion to 36% with a higher residential segment revenue and recovery in home standby generators.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 7:16 pm

FVRR

UPWK

Analysts from Needham, JMP Securities, and Roth MKM have given their views on Fiverr International Ltd (FVRR) following its better-than-expected 2Q earnings. Needham reiterated a Buy rating with a $40 price target, citing Fiverr's AI-powered transformation and potential for growth. JMP Securities maintained a Buy rating with a $50 price target, highlighting the potential of Fiverr's AI-powered chatbot, Neo. Roth MKM reiterated a Neutral rating and raised the price target from $30 to $33, but suggested that Upwork Inc (UPWK) may offer more growth potential.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 7:09 pm

RNGR

Ranger Energy Services (NYSE:RNGR) is set to release its latest quarterly earnings report on Monday, 2023-08-07. Analysts estimate an earnings per share (EPS) of $0.42. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $10.44, up 17.04% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 7:02 pm

RAIL

FreightCar America (NASDAQ:RAIL) is set to release its latest quarterly earnings report on August 7, 2023. Analysts estimate an earnings per share (EPS) of $-0.12. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $3.02 and are down 35.24% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 7:02 pm

MTW

Manitowoc Co (NYSE:MTW) is set to release its latest quarterly earnings report on Monday, 2023-08-07. Analysts estimate an earnings per share (EPS) of $0.25. The company's past performance shows it beat EPS by $0.31 last quarter, leading to a 1.83% increase in share price the next day. Shares of Manitowoc Co were trading at $17.72 as of August 03, with a 52-week increase of 60.64%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 7:02 pm

LINC

Lincoln Educational Servs (NASDAQ:LINC) is set to release its latest quarterly earnings report on August 7, 2023. Analysts estimate an earnings per share (EPS) of $-0.02. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $7.23 as of August 3, with a 52-week increase of 5.21%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 7:02 pm

INGN

Inogen (NASDAQ:INGN) is set to release its latest quarterly earnings report on Monday, 2023-08-07. Analysts estimate an EPS of $-0.64. The company's past performance shows a trend of share price drops following earnings reports, despite beating EPS estimates. Shares are currently trading at $7.63, down 72.62% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 7:01 pm

EVER

EverQuote (NASDAQ:EVER) is set to release its latest quarterly earnings report on Monday, 2023-08-07. Analysts estimate an earnings per share (EPS) of $-0.33. The company's past performance shows it beat EPS estimates last quarter, resulting in a 2.41% increase in share price. However, the stock has been down 37.93% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 7:01 pm